美股听风
没有人改变看法。
我看到他做的第一笔交易是在2008年。他做了这件事是公开的，但他大多不会真正宣布。他当时试图收购伯灵顿北方铁路。
The first deal I saw him make was in 2008. It was publicly known that he made it, but he mostly doesn't really announce it. He was trying to buy Burlington Northern Railway.
我看着它，心想：“嗯，也许这条铁路值每股120美元。”它的交易价格在80美元左右。这是伯灵顿北方铁路公司。我知道巴菲特正试图收购它。
I was looking at it and thinking, "Well, maybe this railroad is worth $120 a share." It is trading at around $80. This is Burlington Northern. I know that Buffett is trying to buy it.
他向人们出售针对一家他并不拥有的公司的保险单。这保证了他们如果愿意，可以离开那家公司。如果大火继续燃烧，而他们想要脱身，沃伦就是买家。他们付给他巨额资金来承担这一风险。
He sells people insurance policies against a company he does not own. It guarantees them the possibility of leaving that company if they wish to do so. If the fires continue to burn and they want to get out, Warren is the buyer. They pay him huge sums of money to take that risk.
Netflix 实际上是我目前最喜欢买入的股票之一，我将其排在前十名。我在投资组合中持有 Netflix 股票，作为我最大的投资头寸之一。
Netflix is actually one of my favorite stocks to buy right now. I ranked it among the top ten. I own Netflix shares in my portfolio as one of my largest investment positions.
我估计 Netflix 股票的公平价值为 127 美元。当前市场价格为 81 美元。我预计 Netflix 股票在未来 12 到 18 个月内将上涨 57%。
I have estimated the fair value of Netflix shares at $127. The current market price is $81. I expect Netflix stock to rise by 57% over the next 12 to 18 months.
好的？那么，让我们继续看SoFi股票。让我们看看SoFi发生了什么，好吗？箭头显示低位。它在极窄的范围内交易。这对‘轮动’策略来说很棒。我不多讨论这个，但这是我经常使用的另一种策略。
但看看这个，思考一下。你可以看到SoFi的股价如何移动：低于移动平均线，低于布林带。这太棒了。这让我感到饥饿。我饿了，想吃一块上面撒了点美味盐的牛排。我的意思是，这看起来非常好，非常好。
百事可乐是另一只被低估的股票，它与人工智能无关。我计算出的百事可乐公平价值为 177 美元，鉴于当前市场价格为 140 美元，我计算出百事可乐在未来 12 到 18 个月内有 27% 的上涨空间。
PepsiCo is another undervalued stock that is not linked to artificial intelligence. The fair value I calculated for PepsiCo is $177, and given the current market price of $140, I calculated a 27% upside for Pepsi over the next 12 to 18 months.
对于一家销售和利润稳定的相对安全的公司来说，这是一个罕见的低估值。当然，最乐观的因素之一，也是让我对百事可乐最乐观的事情，是它自身的经验。这是一项难以管理的业务。你必须与分销商合作，必须与供应商合作，必须处理制造，必须非常擅长营销，并且必须在全球范围内大规模地将所有这些整合在一起。
本周，我们从博通、Snowflake 和 Palo Alto 等公司获得了重要更新，这三家公司分别展示了人工智能的三个不同层面。博通为我们提供了关于人工智能基础设施的视角。
This week we got important updates from companies such as Broadcom, Snowflake, and Palo Alto , with all three companies providing a fascinating look at three different layers of artificial intelligence. Broadcom gives us a perspective on artificial intelligence infrastructure .
但让我们先谈谈博通，因为这些数字非常庞大。博通刚刚公布了 296 亿美元的季度营收，同比增长 86%。非 GAAP 每股收益为 3.32 美元，公司在本季度内产生了 137 亿美元的可观自由现金流。
But let's start with Broadcom first, because these numbers are enormous. Broadcom just announced quarterly revenues of $29.6 billion. This represents an 86% year-on-year increase. Non-GAAP earnings per share were $3.32, and the company generated an impressive $13.7 billion in free cash flow during the quarter alone.
他公布了他的13F模型，并又增持了45%的谷歌股份。所以，他正在用谷歌A类股填满他的投资组合。现在这是他投资组合中的第四大投资。
He released his 13F model, and he added another 45% to his Google stake. So, he's filling his portfolio with Class A Google shares. It's now the fourth largest investment in his portfolio.
这确实压力很大，我认为Greg正试图把钱投资到他非常有信心处于有利位置的地方。为什么不投谷歌呢？他们做得非常出色。
That's a lot of pressure, really, and I think Greg is trying to invest money somewhere he's very confident is in a good position. And why not Google? They've done an amazing job.
我的团队让我投资了谷歌，我当时也同意，'好吧，我们投资这个，但我想知道这家科技公司中什么触发点会让我们退出。什么故事变化会让我们退出这笔交易，因为我知道故事会变。这就是科技的本质。
麦当劳是我目前最喜欢的另一只股票，我将其排在前 10 名。我计算出麦当劳股票的公平价值为每股 330 美元。当前市场价格为 262 美元。这意味着未来 12 到 18 个月内将上涨 26%。
McDonald's is another of my favorite stocks at the moment. I ranked it among the top 10 stocks. I calculated a fair value for McDonald's stock at $330 per share. The current market price is $262. This leaves it with a 26% rise over the next 12 to 18 months.
我最喜欢的麦当劳积极因素之一，我认为市场低估了它，是其在多个类别中的技术创新，这可能对麦当劳的短期和长期都有利。食品配送网络和这项技术的普及使麦当劳能够在更多场合触达更多消费者。
关于麦当劳的评论很多。评论多也意味着股价已经下跌，市盈率变得有吸引力，股息也变高了。我已经讨论过麦当劳几次了，大概每年一次。所以，我们需要看看目前在回报方面的情况。
There are many comments about McDonald's. When there are many comments, it also means that the stock has fallen, that the price-to-earnings ratio is becoming attractive, and that dividends are becoming higher. I have discussed McDonald's a few times already, probably once a year. So, we need to see where we stand now in terms of the returns side.
为了比较，麦当劳已经被分析过了。在这里。我会把它添加到最新的讨论中，同时也有视频链接。所以，你也可以从那里继续，但让我们继续讨论麦当劳。
For comparison purposes, McDonald's has already been analyzed. Here it is. I will add it here to the latest discussions when we also have the video link. So, you can continue from there as well, but let's move on to McDonald's.
数据截至 9 月 6 日
按股票查看全部 →Meet Kevin 对 $NVDA 的判断，从第一次到最近一次。
