Lou Whiteman

Yeah, when it comes to AI, Canva kind of business area is one area that I'm concerned about.

Exactly.

It seems like generative AI can do what Canva does really easily.

About every four years, people seem to forget that Bitcoin falls, about every four years.

This crash in the price of Bitcoin is pretty much right on schedule, maybe a little bit early, but it goes through a cycle called the halving cycle, and it's every four years.

This leads to very predictable swings in supply and demand, which causes the price to swing.

These swings in prices can be exacerbated because people are using so much leverage.

It doesn't necessarily say anything about Bitcoin adoption, though, and that's the more important thing for investors to look at.

This week, I'm looking at Coupang, ticker symbol CPNG.

This is the largest e-commerce player in South Korea, sometimes called the Amazon of South Korea.

I'm not enthusiastically ready to call this a buy yet, but it does report some financial results in a couple of weeks, and I think they're going to be telling.

The short story is that this stock has dropped down to about one-time sales because of a data breach.

I'm optimistic that this company actually has a moat when it comes to logistics, and I think that it's going to be able to push through this setback.

Now, if I'm right, then this is actually a magnificent opportunity because the

Company is still growing.

It is very profitable.

It now trades at about 25 times its free cash flow.

And keep in mind that that's while investing in its business with a lot of capital expenditures.

And so it is going to need to pay out some things for those affected by the data breach.

But again, if the financial results prove that it has a moat that its customers are staying around, I think this is a long-term winner.