Investment Merits of Starbucks | I Investing Like It’s 1999 | Blind Valuation Exercise

In this episode, John Mihaljevic hosts a discussion of:

• The long-term investment merits of Starbucks, with a look at capital allocation, governance, the China opportunity, store economics, and aspects related to portfolio management; led by Chris Bloomstran
• How today's stock market may or may not parallel the market of 1999, with an examination of sector leadership, market structure, relative valuation, and investor psychology; led by Elliot Turner
• A "blind valuation" exercise, with analysis of two unnamed companies' key historical financial metrics, resulting in discussion of potential equity valuation based on the numbers alone, i.e., leaving aside qualitative considerations; led by Phil Ordway

Enjoy the discussion!

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