great video cameron! have approximately $120k in tech/TSLA companies in my portfolio; can you advise me on any additional stocks that I may acquire to diversify my reserve across many markets while constructing a complete portfolio allocation that matches my risk aversion concerns and returns that meet yearly inflation?
Find stocks with market-beating yields and shares that at least keep pace with the market long term. For a successful long-term strategy you have to seek guidance from a financial advisor.
I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years
My advisor is “BECKY LOU GORDON ”. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
I work for a Autozone warehouse in Ocala, Florida we have open enrollment starting in this month I am new to this so what and how much to start with if I decide to enroll I have been employed here for almost seven years I should have been in it I probably would have a lot of money now.
How do you explain the negative shareholder equity & the insolvency of assets to liabilities? Based on the share performance & financial results it seems like a good buy but I have some questions regarding he balance sheet
Cameron, why to you think you could hold a better portfolio of firms above $200 vs per share price below this number. Pick your own number. I’m not a fan of stock splits and understand empirically there is no value added. This stock was one my radar as the or e was high…I’ve done well with it! Great video.
Do you think your process of evaluating business shows a preference for brick and mortar stores or is that just been mostly what you have been looking at?
He made a vid about Amazon as the buy of the decade! He ia rational, well articulated,. meticulous. Many times I don't see his pitches as advantageous for ny understanding of the underlying business, like with CVS (I don't get the persistent difference between earnings and cashflow, year after year), but he is quite a good teacher. And emphasizes ablot, waiting for the prices, which is quite, quite important and hard to accomplish.
Maybe I missed it. When you talked about 2033, you mentioned share count of 19 million. Does that mean their share repurchase stops at the end of this year....or should that number decline by 7% in each of the up coming 10 years?
While I appreciate your thesis, it is heavily predicated on growth. if growth stalls this is a stock that would likely rerate and cause investors to lose significantly. In my opinion there's no margin of safety, even if there's upside to be had
What about the fact that cars getting more complicated and harder for people to fix themselves, considering also shift towards EV that would shift repairs more towards specialist shops. I wonder how Autozone plans to pivot on that.
I think there will always be at least small things to supply to the street like wipers, electric charge cap, a random bearing in a motor, fuses etc. Plus who knows what kind of aftermarket parts will show up once EV's are mainstream and 10-30 year old EVs are in teenage hands. You're right it will need to shift or die eventually, but that's really REALLY far off. Significantly further than the narrative would make it seem.
I dont understand 🙃. I thought cars are becoming harder for the DIYer? Not easier? Wouldn't AutoZone, O'Reilly's and advanced auto parts be on the way out?
with the roc they have, they can reinvest at a better rate than its cost of capital. they should not be paying dividends. this is value creating growth
EV will change the dynamics for their moats. Auto will be hard to play well in this transition that stand before us, big winners and big losers will play out over the coming decade..
Dude like your video please do a short on why emh is false I’m a value investor . I beat the market in 2022 shorting bonds cause of core cpi increase hense higher ppi which will increase service inflation . My professor says it’s luck . I’m a macro trader and occasional value investor . He pisses me off markets are irrational ex meta , Amzn , Google this year . Your thoughts emh is for regards who can’t make money . 30 percent of mutual funds in U.S. beat the market gross of fees . The reason they under perform is fees . Mutual funds have leverage restriction and they must diversify into 20 companies and they must be liquid . Many hedge funds beat the market but it’s not public . In fact the top 50 hedge funds in aggregate Beat the market by 7-9percent per year in a 20 year period gross of fees . And 2-3 percent net of fees . I like your Chanel it’s just market prices everything is bs ( in India ) more than 65-70 percent large cap mutual funds beat the market gross of fees . Why is the media misleading about beating the market .
Emh is mathematical and can be judged quickly as on an exam in schools. That’s why it’s taught. You can’t make an exam to judge market beating skills. At least not something that’s an be applied each semester broadly. Emh is garbage.
great video cameron! have approximately $120k in tech/TSLA companies in my portfolio; can you advise me on any additional stocks that I may acquire to diversify my reserve across many markets while constructing a complete portfolio allocation that matches my risk aversion concerns and returns that meet yearly inflation?
Find stocks with market-beating yields and shares that at least keep pace with the market long term. For a successful long-term strategy you have to seek guidance from a financial advisor.
I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years
my partner’s been considering going the same route, could you share more info please on the advisor that guides you.
My advisor is “BECKY LOU GORDON ”. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.
I work for a Autozone warehouse in Ocala, Florida we have open enrollment starting in this month I am new to this so what and how much to start with if I decide to enroll I have been employed here for almost seven years I should have been in it I probably would have a lot of money now.
How do you explain the negative shareholder equity & the insolvency of assets to liabilities? Based on the share performance & financial results it seems like a good buy but I have some questions regarding he balance sheet
Cameron, why to you think you could hold a better portfolio of firms above $200 vs per share price below this number. Pick your own number. I’m not a fan of stock splits and understand empirically there is no value added. This stock was one my radar as the or e was high…I’ve done well with it! Great video.
cameron, thank you so much for all that you do!
Do you think your process of evaluating business shows a preference for brick and mortar stores or is that just been mostly what you have been looking at?
That’s probably true, my professional background is mostly retail operations
He made a vid about Amazon as the buy of the decade! He ia rational, well articulated,. meticulous. Many times I don't see his pitches as advantageous for ny understanding of the underlying business, like with CVS (I don't get the persistent difference between earnings and cashflow, year after year), but he is quite a good teacher. And emphasizes ablot, waiting for the prices, which is quite, quite important and hard to accomplish.
@@davidcherve I'm not hating at all.. I watch all these videos.
@@matthewkorn1818 didn't think so, just wanted to thank him and praise his work!
@@CstewartCFA thanks!
AZO is probably going to be a dividend growth machine down the road.
I love that Cam dropped the R word in regards to Goldman Sachs lol
Hahahahaha
Maybe this is a stupid question but why would you hold debt the same value in 2033? Shoun't we assume debt will also increase?
Maybe I missed it. When you talked about 2033, you mentioned share count of 19 million. Does that mean their share repurchase stops at the end of this year....or should that number decline by 7% in each of the up coming 10 years?
While I appreciate your thesis, it is heavily predicated on growth. if growth stalls this is a stock that would likely rerate and cause investors to lose significantly. In my opinion there's no margin of safety, even if there's upside to be had
Excellent review. Thanks Cameron 👏
Why is this not trifecta? Seems like it fits, except perhaps irr 10% is maybe not high enough
I agree with this analysis. I was thinking that you should probably start your own investment fund. I would be your first investor.
Thanks for the support
MGA would be a good company to review based on auto parts industry.
What about the fact that cars getting more complicated and harder for people to fix themselves, considering also shift towards EV that would shift repairs more towards specialist shops. I wonder how Autozone plans to pivot on that.
A large portion of the business is supply to repair shops as well as DIY
Yup, just supply the repair shop then.
I think there will always be at least small things to supply to the street like wipers, electric charge cap, a random bearing in a motor, fuses etc. Plus who knows what kind of aftermarket parts will show up once EV's are mainstream and 10-30 year old EVs are in teenage hands. You're right it will need to shift or die eventually, but that's really REALLY far off. Significantly further than the narrative would make it seem.
Yes. Thanks @steverunswithscissors excellent comment.
I appreciate your knowledge. I do like the stock but i think they should pay a dividend IMOP. also maybe you should speak on the management team.
I dont understand 🙃. I thought cars are becoming harder for the DIYer? Not easier? Wouldn't AutoZone, O'Reilly's and advanced auto parts be on the way out?
Good point but there will still be parts to change. Or customization
very high roic. the highest I've ever seen
AutoZone the king of share buybacks! I made a short on my channel about AZO, the power of buybacks and their interrelated performance.
I’ll take a double Jack with cheese
Thanks
Why don't they distribute dividends?😢
They do buybacks
wish they didn't buy back at these prices. @@zenstories
with the roc they have, they can reinvest at a better rate than its cost of capital. they should not be paying dividends. this is value creating growth
EV will change the dynamics for their moats. Auto will be hard to play well in this transition that stand before us, big winners and big losers will play out over the coming decade..
Why would anyone shop at Auto Zone when Rock Auto exists?
Usually because I want the part immediately
They just walked into a woke trap and are potentially facing a boycott. Probably time to get out.
Dude like your video please do a short on why emh is false I’m a value investor . I beat the market in 2022 shorting bonds cause of core cpi increase hense higher ppi which will increase service inflation . My professor says it’s luck . I’m a macro trader and occasional value investor . He pisses me off markets are irrational ex meta , Amzn , Google this year . Your thoughts emh is for regards who can’t make money . 30 percent of mutual funds in U.S. beat the market gross of fees . The reason they under perform is fees . Mutual funds have leverage restriction and they must diversify into 20 companies and they must be liquid . Many hedge funds beat the market but it’s not public . In fact the top 50 hedge funds in aggregate Beat the market by 7-9percent per year in a 20 year period gross of fees . And 2-3 percent net of fees .
I like your Chanel it’s just market prices everything is bs
( in India ) more than 65-70 percent large cap mutual funds beat the market gross of fees . Why is the media misleading about beating the market .
Emh is mathematical and can be judged quickly as on an exam in schools. That’s why it’s taught. You can’t make an exam to judge market beating skills. At least not something that’s an be applied each semester broadly. Emh is garbage.