1.SPOT $Spotify Technology S.A.(SPOT)$ Spotify's user base has increased at a 26.6% compound annual growth rate.ImageA year ago, I wrote that SPOT had 10x potential over the next 10 years. 1 year in, the stock is up 118.4% and I'm more bullish than ever. 2.DIS $Walt Disney(DIS)$ As the parks go, Disney goes.Image3.NVDA $NVIDIA Corp(NVDA)$ NVIDIA's data center business didn't exist a decade ago. Insane!Imagehttps://twitter.com/TravisHoium/status/1775558658186695161

Below, I’m going to give an idea of where companies sit from a valuation, balance sheet, and growth perspective. These metrics aren’t all-encompassing and may miss some key information, but this is a snapshot to help you/me figure out where there are opportunities and what stocks may be worth trimming.If there is a market downturn, I want to own companies that can survive and ultimately thrive on the other side.Tomorrow, I’ll be back with Part 2.On Sunday, I’ll recap with some stats about the portfolio overall.1. $Spotify Technology S.A.(SPOT)$ Spotify continues to perform extremely well operationally. The problem is, the valuation keeps getting higher and higher.When I first bought Spotify, the stock was unloved because it wasn’t a proven cash fl

One of the things I try to do is understand why things have worked out the way they have in the past.I’ve written a lot about how formerly strong brands like $The Kraft Heinz Company(KHC)$ , $BUDWEISER BREWING CO APAC LTD.(BDWBY)$ , and $Coca-Cola(KO)$ have lost their power position, as limited shelf space that drove supply’s advantage shifted in an internet world of unlimited shelf space.But where are the opportunities?A simple screen of the stocks that have generated a 25% compound annual return (25.9% is a 10x in 10 years) shows that most of the big companies on the list were household names a decade ago. And yet, they still generated huge returns.Even if we loo

A year ago, if you wrote something nice about $Alphabet(GOOG)$ $Alphabet(GOOGL)$ , someone would respond with something like, “They’re cooked. Ever heard of ChatGPT?”The sentiment around Alphabet CEO Sundar Pichai was about as bad as it could get. He didn’t know how to innovate. Google was terrible at making new products. A “woke” culture couldn’t win in AI (see early Gemini images). Today, Google seems inevitable. And I’m struck by how simple the answer was and continues to be as an investor. Buy Alphabets stock and just hang on for the ride! The History of DisruptionThe negative sentiment around Google was always about disruption. ChatGPT was first to “figure out” the AI chatbot, and that would disrupt

Whether the market realizes it or not, the biggest news of the week was $Alphabet(GOOG)$ $Alphabet(GOOGL)$ earnings report. The company told us search continues to grow, Gemini is taking market share, and Google Cloud is becoming a behemoth.Despite the momentum, Alphabet stock trades at the lowest P/E multiple of any Mag7 stock and about one-third than owning the market overall. The market’s perception is that Alphabet is being disrupted.I disagree.This is the fourth largest position in the Asymmetric Portfolio, and I think a decade from now, this will be seen as one of the “no-brainer” winners in AI. But that’s not the conventional wisdom today.Search Isn’t DeadLet’s start with search. The theory is tha

A big autonomy win has pushed Mobileye higher, but an acquisition added questions about management's priorities.Mobileye’s U.S. Automaker WinI think the most consequential announcement this week was Mobileye announcing a second design win with “a US-based automaker”. Here’s the meat of the announcement. Mobileye today announced that a US-based automaker has chosen the Mobileye EyeQ™6H to power future advanced driver assistance systems with hands-free driving on select highways across millions of vehicles worldwide. This deal reflects accelerating demand for Mobileye Surround ADAS™ systems globally, and Mobileye now estimates future delivery of more than 19 million EyeQ6H-based Surround systems, including 9 million from the new automaker announced today in addition to programs by Volkswagen

Note: I wrote most of this before today’s Twitter meltdown by Musk and Donald Trump. I thought it was still relevant today, and maybe more so for investors. On with the story.Next week, $Tesla Motors(TSLA)$ is expected to launch a fully autonomous robotaxi in the city of Austin, TX.This comes more than a decade after Elon Musk said 90% of Tesla’s miles would be autonomous.Will Tesla finally be fully autonomous? Sort of.From what we know, the City of Austin is requiring Tesla to have remote operators available at a moment’s notice. And a safety driver may be in the front seat.But if Robotaxis do indeed launch next week, it would be big news for all of autonomy. It impacts Tesla, and it impacts at least four of the biggest holdings in the Asymmetric