12 Comments
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Infinite Fund's avatar

Thanks for the post and portfolio. What is your current number 1 conviction X valuation holding and why?

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Sergey's avatar

It's hard to pick just one stock, my favorite now are NET, CRWD, MELI, DDOG, MNDY and SNOW. I think MNDY, DDOG and MELI is undervalued considering estimated high revenue growth.

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Infinite Fund's avatar

Many thanks.

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Steven's avatar

Hi there, do you calculate an intrinsic value for the stocks you own?

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Sergey's avatar

Hello, I don’t calculate intrinsic value. Instead, I evaluate the economic moat, competitive advantages, key metric trends, and quarterly execution.

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Steven's avatar

Got it

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Antoni Nabzdyk's avatar

What about market share %?

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Antoni Nabzdyk's avatar

Why do you own Net? They are unprofitable??

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Sergey's avatar

If Net stopped reinvesting in future growth, they would immediately become a profitable company. I see no issue with investing in companies that reinvest in their future expansion and in strengthening their competitive position.

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Antoni Nabzdyk's avatar

Similar to Amazon?

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Sergey's avatar

Yes, the growth strategy is quite similar to Amazon’s—reinvesting all profits to strengthen its competitive position. What’s crucial, however, is that revenue growth remains strong and consistent.

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