Key insights

• 💼 Warren Buffett reduced his Apple position due to high valuation and slower growth while selling a significant portion of Bank of America shares, possibly due to overheated market concerns
• 💰 Buffett has a cash reserve of $320 billion and made new small positions in Domino’s Pizza and Pool Corp, with his sell-out of Ulta surprising and not all of his buys being successful
• 📈 Bill Ackman's investment in Brookfield Corp with attractive returns and specialized infrastructure investments, and increase in stakes in companies like Nike
• 📉 Terry Smith sold off a significant portion of his McCormick position due to concerns about market share and revenue growth, while Dev Canaria significantly grew his portfolio and gained attention for market-beating results
• 🧠 Dev Gnanaraj makes concentrated bets into companies with deep understanding, heavily invested in Fair Isaac (FICO) and made slight trims as the price rose, showing high IQ and discipline in executing his strategy
• 🔄 Josh Tarasoff sold positions to meet investor redemptions, reflecting not much change in his portfolio
• 🔍 Assessment of the recent trades of super investors: Pat Dorsey, David Pan, and Chris Hohn, emphasizing the minimal trading strategy of high-quality investors and overall promising portfolio composition
• 🌐 Common themes among three super investors' portfolio updates: Michael Bur's significant shift into China, Mark Massie's concentrated portfolio with a focus on high-quality companies, and Chuck Ay's team selling Moody's and buying into Airbnb

Q&A

• What are the common themes observed in the recent portfolio updates of Michael Bur, Mark Massie, and Chuck Ay?

  Michael Bur is heavily investing in Chinese retailers, Mark Massie's portfolio focuses on high-quality companies, and Chuck Ay's team is selling Moody's and buying into Airbnb. The common themes include cautious buying, holding onto companies, and Google's presence in many portfolios.

• What is the assessment of the recent trades and portfolio decisions of super investors Pat Dorsey, David Pan, and Chris Hohn?

  Financial analysts reviewed the recent trades of these super investors, analyzing their portfolio decisions and rationale behind them. While some trades are questionable, their strategy and portfolio composition are generally promising. The assessment includes specific details about the trades made by each investor and emphasizes the minimal trading strategy of high-quality investors, focusing on long-term holdings and minimal trading activity.

• What is Dev Gnanaraj's investment strategy and recent portfolio adjustments?

  Dev Gnanaraj makes concentrated bets into companies with a deep understanding of their value. He heavily invested in Fair Isaac (FICO) and made slight trims as the price rose. He also increased his position in ASML and bought more Moody's and S&P Global.

• What are Bill Ackman's and Terry Smith's recent portfolio changes?

  Bill Ackman increased stakes in companies like Brookfield Corp and Nike, focusing on future potential rather than getting the best deal. On the other hand, Terry Smith sold off a significant portion of his McCormick position due to concerns about the company's market share and revenue growth. Both investors have made significant moves in their portfolios.

• What are the reasons behind Warren Buffett's investments in Domino's and Pool Corp?

  Warren Buffett is investing in companies with strong financials. Domino's shows continuous revenue growth and has a strong free cash flow. Pool Corp dominates the backyard pool market and benefits from recurring revenue. Despite Buffett's defensive position, he sees potential in these compounding machines.

• What changes did Warren Buffett make to his portfolio according to the 13f filings review?

  Warren Buffett reduced his Apple position due to its high valuation and slowed growth potential. He also sold a significant portion of Bank of America shares, possibly due to overheated market concerns. Additionally, Buffett made new small positions in Domino’s Pizza and Pool Corp, while surprising the market with his sell-out of Ulta. Not all of his new buys have been successful, and he currently holds a cash reserve of $320 billion.

• 00:00 In this episode, the 13f filings of the greatest investors are reviewed to provide insight into their portfolios and trades. Warren Buffett has reduced his Apple position due to its high valuation and slowed growth potential. He also sold a significant portion of Bank of America shares, possibly due to overheated market concerns. Buffett has cash reserves of $320 billion and has made new small positions in Domino’s Pizza and Pool Corp. His sell-out of Ulta was surprising, and not all of his buys have been successful.
• 06:30 Warren Buffett is investing in Domino's and pool Corp which are both compounding machines with strong financials. Domino's shows continuous revenue growth and has a strong free cash flow. Pool Corp dominates the backyard pool market and benefits from recurring revenue. Despite Buffett's defensive position, Bill Ackman invested in Brookfield Corp, known for its attractive returns and specialized infrastructure investments.
• 13:00 Bill Ackman increased stakes in companies like Brookfield Corp and Nike, while Terry Smith sold off a significant portion of his McCormick position. Dev Canaria has significantly grown his portfolio and gained attention for his market-beating results.
• 19:27 Investors have different strategies, Dev Gnanaraj makes concentrated bets into companies with a deep understanding of their value. He heavily invested in Fair Isaac (FICO) which saw significant price increases, and made slight trims as the price rose. He also increased his position in ASML and bought more Moody's and S&P Global. Josh Tarasoff has a highly concentrated portfolio, recently sold positions to meet investor redemptions.
• 26:26 Financial analysts review the recent trades of three super investors – Pat Dorsey, David Pan, and Chris Hohn, analyzing their portfolio decisions and the rationale behind them. Each investor has made significant trades in various companies and sectors. While some trades are questionable, their strategy and portfolio composition are generally promising.
• 32:56 Three super investors' portfolio updates: Michael Bur's significant shift into China, Mark Massie's concentrated portfolio with a focus on high-quality companies, Chuck Ay's team selling Moody's and buying into Airbnb. Common themes include cautious buying, holding onto companies, and Google's presence in many portfolios.