Value Investing Meetup (Feb 2025) - 2pm EST

Dear members,

Please note the start time of 2 pm NYC / 7 pm London.

MEMBERS, PLEASE REACH OUT WITH PITCHES AND IDEAS FOR AGENDA TOPICS

Potential agenda topics for the meeting:

• Discussion: Inchcape, Kitwave (Siva to lead the 2 discussions)
• 13Fs / Review notable hedge fund transactions: Giverny, Pershing Square, Appaloosa, Coatue, et. al.
• Quarterly update on Berkshire and Fairfax Financial
• Is position sizing critically important, more than stock selection?
• Company Deep Dives: GOOGL, EVO/EVVTY, AMZN, UMG, DHL, JST, PTON, BN, SQ, IT, BP, CVX, SEB, PCOR, CDLX, BABA, JD (WE'LL VOTE ON WHICH COMPANIES WE REVIEW DURING THE MEETING)
• New US Administration taking shape: DOGE early signs?
• Central Bank policy vs sticky inflation?
• Developments in AI: What are visible impacts in the real economy?
• How will education in the US change?
• What sectors are changing fastest?
• German and French Elections: Inflection point in the EU?
• Is Chinese stimulus working?
• Update on Luxury retailers (LVMH, Prada, etc.)
• Mortgage market and bank unrealized losses
• Risk Premium and equities valuation multiples
• Book summaries: Maxims of Thinking Analytically (Zeckhauser), Einstein of Money, Poor Charlie's Almanack
• Corporate announcements: Earnings, M&A, Corp Actions (Buybacks)
• Large Insider buys
• What should a retired 75 year old's portfolio look like?
• Rapid round of pitches
• In the News & Quick Picks

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PLEASE NOTE THESE "RULES OF THE ROAD":

1. IN THE SPIRIT OF CONTINUOUS LEARNING, PLEASE CONSIDER INVITING SPEAKERS FROM YOUR NETWORK TO GIVE TEACH-INS TO OUR GROUP.

We're always looking for members to volunteer agenda topics for this or an upcoming meetup. Please message Zizou, the organizer directly.
It's helpful to publish topics and names in advance of the meetup, so members have time to independently research and prepare. Please indicate the time (# of mins, pref ~15-20min) you'll need to cover the topic excl. Q&A.
Over the last years, members have invited a number of speakers, who've given talks on a range of topics including specific Investment processes, Patent/IP Law, European elections/Political landscape, and Macroeconomics. Please let us know if you have people from your network who'd be willing to give a talk on an interesting topic.

2. PLEASE CONTRIBUTE TO THE COMMUNITY AND MAINTAIN A CONSTRUCTIVE TONE IN DISCUSSIONS.

We want to encourage participation; this promotes learning and makes for more substantive and useful discussions. We are a supportive community interested in learning, so please volunteer topics/pitches in advance of the scheduled meeting; this way, members have an opportunity to research independently.

3. THE MEETING CONTENT IS NOT INVESTMENT ADVICE.

The opinions expressed in these meetings or discussion threads are only opinions for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.