005 - Portfolio Update: Why We Sold Alcon (ALC) & Anheuser-Busch InBev (BUD)
09/10/19 • 7 min
This is a portfolio update episode, lead portfolio manager Glenn Busch discusses why we sold Alcon (ALC) a recent dividend paying spin-off. Glenn also discusses why we sold a long-term position in Anheuser-Busch InBev (BUD).
Show Notes:
Original Anheuser-Busch InBev (BUD) Dividend Letter
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Books:
You Can be a Stock Market Genius
Learn more about American Money Management, LLC.
This is a portfolio update episode, lead portfolio manager Glenn Busch discusses why we sold Alcon (ALC) a recent dividend paying spin-off. Glenn also discusses why we sold a long-term position in Anheuser-Busch InBev (BUD).
Show Notes:
Original Anheuser-Busch InBev (BUD) Dividend Letter
Join our email list!
Books:
You Can be a Stock Market Genius
Learn more about American Money Management, LLC.
Previous Episode
004 - Intuit (INTU): How Intuit is Building an Economic Moat with QuickBooks Online
In this episode I discuss our position in Intuit (INTU). Why we consider it a new dividend payer. Its dividend safety. I then get into the two effects, switching costs and network effects, that are creating an economic moat around Intuit's QuickBooks Online business. I also discuss the growth and market share potential for QuickBooks. I'll briefly talk about Turbo Tax too. Then I get into the risks with our investment and the specific risks for QuickBooks Online. Finally, I get into our estimate of fair value for Intuit (INTU).
Show notes and full transcript
Download AMM Dividend Letter #41
How Brewing Beer is Like Investing
Links Mentioned:
History of Public SaaS Returns and Valuation
Books:
Learn more about American Money Management, LLC.
Next Episode
006 - Portfolio Update: 2 New Developments for Charles Schwab (SCHW)
Charles Schwab is facing two new developments that require an update episode. In this episode, I'll discuss the new higher interest rate cash accounts at competitors like Wealthfront. Then I'll discuss Schwab's big announcement to cut commission rates to 0% and its implications for Schwab and itas long-term plans.
Show Notes:
Charles Schwab Dividend Letter
AMM Dividend Letter 40: The Emoji Guide to Investing & Charles Schwab (SCHW)
Join our email list!
Books:
Learn more about American Money Management, LLC.
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