Currency Swings, Naked Wines, Buffett + OXY, & Valuing Stocks using FCF + Growth

2:00 Market update
2:32 The yen is down 17% YTD
6:40 Purchasing power parity
7:40 Hedging currencies
12:40 Searching for stocks in Japan
17:00 Naked Wines
25:00 Oil
27:05 Buffett bought more $OXY
30:55 Retail inventory issues
45:20 Is $OMC cheap? + Capital allocation
1:02:00 $EBAY
1:08:00 Valuing a stock using FCF + Growth
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Focused Compounding is an exclusive, members-only site for buy and hold value investors. Inside, you will find research writeups written by hedge fund manager, Geoff Gannon. Experience all this in the company of investors who follow the principles of Buffett, Munger, and Fisher instead of the whims of the crowd.
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[@frankyfourfingers1382]

Thanks for the timestamps, very helpful!

[@Datapoint90]

This was a great one.

[@Monopolist91]

Norb increased his position to 10% of Naked. Pretty interesting, selling around 1x gross profits, no debt

[@Ben-kp4bw]

Management has to a horrible job imho.

[@Monopolist91]

@@Ben-kp4bw Yeah. They're pretty young and inexperienced. I dont blame them that much however, considering supply chain/ covid stuff and an inherently innovative biz model. People thought they owned a growth stock and weren't prepared to own a value stock. And the auditor scared folks, talks of asset backed lending etc. micro cap swings, blah, blah. The headline numbers came out two months prior basically.

[@jorgesa4244]

Hey !
Can you please recommend me some blogs appart from VIC and Clark Street Value? Thank you in advance! Love the work.

[@MyDreamside]

is your fund private or we can find it?

[@FocusedCompounding]

Private. You can read our presentation here: focusedcompounding.com/invest-with-us/