by Travis Johnson, Stock Gumshoe | September 4, 2020 5:51 pm
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Nice mate, i like EA and ATVI as well. Can you please update PDF format of Real money portfolio. Thank you!
Surely telemedicine is here to stay, it is still in its infancy and technology will provide many more enablers which will adding to the cost advantage. If Tdoc or others will dominate nobody knows, yaboo was once dominating the internet space…
Quite true
The main issue for telemedicine is the need for an “at home” station.
How does the doctor look in your ears. Listen to your lungs, check you pulse, check your prostate, etc. ?
Then the consumer needs ‘believe’ that the doctor can actually “read” your symptoms. Dermatologists, 1 & 2 hour walk-in procedure s? Just don’t see the foundational pieces necessary for domination.
But with tools in place in the home, it will grow steadily, albeit slowly. If I knew I could get a great machine read diagnosis and save a visit to the Doctor’s office .. would I sign up? I’d be tempted to try it.
That’s true, but not for all visits — there are plenty of things that can be diagnosed with some certainty over video, as I understand it, but it will never fully replace a physical exam. One of the positive things about the Livongo integration, I hope, is that ability to get more direct data from the patient to the doctor from Livongo’s gadgets — connected scales, glucose monitors, etc., which I think, if integrated well, could really help the virtual visit be more valuable.
Still lots of questions to be answered though, for sure.
I like most your investment thinking in two paragraphs starting with, “My preference is to invest in companies, not stocks, and I have to understand them as businesses and be comfortable with management’s strategy and their operational progress…….”. Once again, Thanks Travis for a great article.
Thanks Travis, fantastic as always.
As you’ve just dissected two of my holdings i thought i’d share my experience this week. I bought a small amount of Docusign after you covered it last year and i’ve got to admit i wasn’t 100% convinced (i couldn’t understand the moat) but then I noticed the company i work for using it and as they use adobe for everything else i decided to take a nibble. This week i had my first “spiffy pop” on the stock and sold my initial investment so i could play with the house money so all good. As an added bonus i can now listen to the rule brakers podcast and feel like i’m in the club!
Then there is fairfax india, when i first read your findings on it i was immediately convinced, i did my own research and after spending a week looking at the numbers as well as speaking to a large number of indian IT specialists at work over the following weeks (who all flew from Bangalore) i got even more excited and added more it just seemed to me like the whole of the area was ready to explode and then everyone would wake up to this fantastic oportunity. The valuation was reasonable and i thought that particulary with the US/China issues there was massive upside to india for US trade, I just couldn’t lose ( i even bought more in the March drop in favour of Fastly)
So what have i learned? Firstly i’m useless at picking winners ( I should also add i bought clean-tec as well three years back as i wanted to get into the EV space and that ended up being your turkey of the year two years running ) secondly momentum/ fashionable stocks can currrently beat any valuation metrics and thirdly thank god i am somewhat diversified and also own Walmart, NVidia, Etsy, Sea Ltd and Paypal which have still allowed me to be up quite a bit for the year.
Thanks once again for your analysis and words of wisdom you really are a star ( and I promise i won’t mention clean-tec again until its a $100 stock )
Hi Travis, I have a simple question, you mentioned earlier in the article about selling Docu in prior days and we knew about it… “ DocuSign (DOCU), which you already know I sold a chunk of a couple days ago”. Do you normally send a trade notice email or some sort of notification of your trading? If you do, I have missed them. Otherwise, Would checking your Real Porfolio regularly would tell me your daily trades? all…( I wanted to sell Docu on Tuesday) as I thought the pike was too much but didn’t and now suffering of the indecisiveness… If I knew you sold, that would be a good indication that my suspicions were supported and I would have sold. That why I am curious if I miss any post) thank you so much!
Yes, when there’s an equity trade in the real money portfolio that is of meaningful size (more than 1/10 of 1% of the portfolio), I send a trade note that day. It is typically included in the discussion thread following the most recent Friday File, and often also noted in the Quick Take if there’s a new free article publishing around the same time.
It could be that your email was caught in spam filters or something, a lot of them are, but we’ll check to see if there’s an issue on our end.
Thanks so much for getting back to me. I will check the spam on my side too.
Tankiki if this helps, I received the email for the trade note on September 2 so I don’ t think it’s a problem on Travis’ end. Note that he didn’t sell his entire position only 15 percent
Travis, since video gaming companies are very much in your radar, can you share initial thoughts on the upcoming IPO for UNITY SOFTWARE? My Inbox is a-buzz with news on its S-1 filing with the SEC about 2 weeks ago (Aug 24) with the ticker symbol-to-be “U”, but an IPO date has not yet been set.
All I know is that Unity is the video game engine/platform developer behind over 50% of mobile games existing today with an impressive list of customers including EA, ATVI, NTDOY, TCEHY & ZNGA. Apparently, Unity is not a SPAC but I can’t seem to find info on Venture Capitalists behind it. Is there a way of “playing” this stock pre-IPO?
bunion132 it looks interesting and the good news is that it’s losing money so the ‘momentum’ crowd will be all over it. Here’s the link for those interested;
https://www.sec.gov/Archives/edgar/data/1810806/000119312520227862/d908875ds1.htm
More info
https://www.cnbc.com/2020/08/24/unity-s-1-ipo-filing-drops.html