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About Joseph Carlson:
I am not a professional investor and have never claimed to be. I’m an amateur investor sharing my experience of what I’ve learned, where I have had success, and where I’ve had failures. I share my thoughts on investing and performance with transparency. My approach and goal to investing is to buy high-quality long-term investments in world-class businesses that I call “compounders”. I view my investments as businesses, not as stocks. Before creating content on YouTube full time I worked as a senior-level programmer for 8 years. Over the years as a programmer, I compounded my knowledge of development. I take the same iterative learning approach to my study of investing. I study investing as a craft in the continual pursuit of being better. I will make mistakes in investment decisions from time to time. Results are not guaranteed. Please do not blindly follow me into any investments, and make sure your portfolio and investments are built around your specific income, risk tolerance, personality, and timeline, and overall circumstances.
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Hi Joseph, in line with your recent purchase of Chipotle and your subsequent elaboration regarding why you think it's a good pick in terms of AI and automation, I would like to highlight a stock that already has some of those measures in place, including the clamshell grill and automated freshly chopped vegetables such as onions, tomatoes, and cucumbers.
J D Wetherspoon plc owns and operates pubs throughout the United Kingdom and Ireland. To cut to the chase, they offer food and drinks and promise to deliver in under 10 minutes. They have an app which you can use to order food in addition to ordering through a member of staff as is traditionally done. Please do investigate this company as I do believe it may be a great long term investment, even if it has been impacted by the recent p*ndemic.
Why chipotle over cava ?
Joseph, perhaps it is time to create an account in etoro, not only that you will do well but also youtube followers will copy your trades in real time. This will be a trully passive income for us and you are also gonna get paid for doing that. Is that something that you will consider doing?
I think you own a portfolio of great companies. However, what concerns me is that your valuations seem quite high. For example, valuing MSFT at 39 times earnings would mean you expect them to grow at 8,5% perpetually given a required return of 10% ( 1/(10%-8,5%) = 40 PE .
Now 8,5% growth doesn’t seem too high at first glance given Microsoft’s high growth expectations. However a perpetual growth rate of 8,5% would mean that a company would exceed the size of the entire economy which grows at 2-3%.
Just some food for thought.
$SPGI P/E:54, you buying company more expensive then $APPL/$MSFT/$GOOGL
If you look for good companies that worth buy that not many talking about, there are many with P/E around 10.
Please would someone know what the 10 year average return is for S&P Global INC?
I would love to know and see what’s in your Roth IRA? Is it still schd vym and VNq ?
S&P Global stock price should be around 200 $-220$
I’ve been trading on coin catch and it is Fast and reliable and convenient futures trading powered by a secure and transparent system.
i'd like to buy CMG under 1700$;
the fact that the company doesn't give any dividend is a bit a turnoff, though!
also, a stock split probably will make them more desirable for smaller retailers!
I'm not sure how anyone can justify chipotle at the current P/E
Hypothesis of chipotle is incorrect. All companies have been benefiting with AI and automation. Whatever advantage Chipotle has will be matched with the same in others, negating the "efficiency win". Has happened throughout history with industrialization
Is there like a student option for qualtrim?
Love the videos Joseph! But you lost me when you called chipotle Mexican food 😂
Joseph or community,
“Sell when stocks go up, and buy when they dip”- must sound familiar.
Looking at Apple as an example. Does it make sense to benefit from its recent (YTD) price increase by selling a fraction of your holding? Let’s say 1/3rd
Big tech looks relatively pricey, being judged on their P/E and forward P/E, should we then not capture some of the returns now and reinvest that 1/3 back when it we could describe it as a ‘dip’?
Please provide your opinion on this matter, I am really curious ☺️
Honestly, this is the best youtube channel around this topic. I'm sick of click baits, lies, and poor quality videos. I haven't started trading yet, but I'm learning a lot from you
Not sure what you mean by "quality" in restaurant food, but McDonald's is king of quality (at least in theory), because you always know what you're gonna get. If by "quality" you mean healthy, then Chipotle is not nearly as healthy as you think.
With Chipotle I just can’t see the value. Even if they grew to 7000 stores at current market cap each store would have to provide over $7 million dollars in intrinsic value to make up it’s market cap. So even at 7000 stores it’s a stock that’s mainly made up out of extrinsic value. They have a solid business model no doubt about it but that seems to be quite heavily priced in already imho.
what are your thoughts on Chipotle insiders selling more than $72 million of stock?
For a dividend paying portfolio, S&P global only having .9% payout for Dividends is pretty low.
Was sad to see their pizza restaurant idea close up 🙁 had one near me (pizzarea locale) and it was great, decent prices too. Basically chipotle style setup, but with pizza
Hi Joseph. Just an FYI, the link in the description to the Growth Portfolio no longer works
Working at mcdonalds back in 2007, everyone store I ever saw had used this type of double-sided grill. Very standard even back then.
Hi Joseph, could you kindly go over how you calculate percentage gain in your stock performance? The percentage gain and the stock value doesn't seem to make sense. I am sure I am not the only one who is confused. I think it has something to do with your average cost. But I don't quite understand.
As an example, If my YTD gain is 22% and the amount of money I invested YTD is $30k, I am expecting my stock value to equal $30k * 1.22 = $36.6k. But it's not! It's a lot LESS. Why? Thanks.
I have been following your videos for Months now and i have been wanting to make outstanding progress with my investment. Truly, The SP500 is a self-correcting portfolio, Following this principles, i want suggestions as to a way to protect my portfolio of $580k.>
Can you take a look at DLB. This company may be of great interest to you. Thanks.
I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
I would be really interested in the companies that make the kitchen machinery/robotics…if more and more restaurants are going to follow the trend in automation and robotization (and they will)…sadly almost none of the are publicly traded so far, Vebu Labs for example (the autocado maker).
Nice episode….I knew it would be Chipotle.
I agree with Warren Buffet on this. A blend of different ETFs is my favorite way of investing. For example, you could have some covered call etfs for dividends and other etf`s for growth. A combination such as : JEPI , DIVO , QYLD, SCHD and JEPQ. You have to combine them according to your own personal situation. I tallied my dividends for the previous year; $102k. Blessed, grateful, disciplined and focused.
Everything you said about Chipotle is true. I used to work thete for 2 years back in 2017-2019. Yes, morning prep was very time consuming. I did not do the avocados, but my friend did and it took 4-6 hours to prep.. on a 8hour shift… so yes, i wish we had this machine when I worked there. 😂
what do you think of SPGI's high PE and PEG ratio? Where do they invest most of their capital since dividend is only 0.91%
Why do you like S&P Global over NASDAQ (the stock not the etf)
Hey Joseph! First, thanks a lot to all the amazing content and the in depth analysis. You taught me a lot about investing and how to value companies.
I'm very intrigued by your software, and just have one question – how does it work for non-US stocks? I'm from Germany, and we pay around 18% tax on US-Dividends. So, I'd like to find "compounders" in Germany and Europe using Qualtrim. Since most finance websites are super focused on US-Stocks (yahoo finance or google finance rarely show news for german stocks, even on the german pages), I'd like to know how Qualtrim manages that, if the numbers are as precise and updated as for the US stocks.
Thank you very much!
Yanneck Pack
That’s true. I can’t remember the last time I actually sat down and ate, at Chipotle. I always get it to-go now
Nice insight to real things happening with automation at Chipotle
HI joseph, do you recommend interactive brokers, or do you have a video with the best brokers to use? thanks
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore
With this crash I'll say it wont be too easy to pick the right stock, Warren Buffet said there are still huge opportunities despite the crash, and I overheard someone talk about making $250k from about $110k since the crash. How do I make these kind of returns ?
Joseph, would love to hear your take on the agriculture sector. Seems like a greatly underappreciated industry by investors with massive growth potential. I've heard you say that you think restraunts will be huge beneficiaries of AI, and I agree. I see massive opportunity for AI in agriculture as well. Think John Deere tractors and what not. Am very curious to hear your thoughts!
Joseph, can you do a video on CVS?
I disagree with your valuations a lot of the time- but I appreciate how you stick to your convictions and remain focused. I would buy $CMG at 1300 right now.
Chipotle always out of cheese last three times I went there so I don’t go anymore. If you can’t manage well enough to keep enough of a main ingredient on hand then you will lose tons of business
Nice, but S&P issues s**t ton of shares. It actually hurts to see.
Hey brother, I love your insight and have taken a lot of worth from all you other videos. But this one just seems like a Chipotle commercial. If you’re getting any funding, tone it down, because it look obvious
Why spgi ROE is only 7%?
You should also look at ICE. It's great compounder and duopoly with NDAQ, but I personally like ICE more.