On this week's unfiltered version of Prof G Markets, Scott explains why Target and Walmart had such contrasting earnings reports for the third quarter, and offers his insight on Target’s brand strategy. He then shares his thoughts on why hedge funds might be buying up shares of Pinterest, and whether hedge fund disclosures are worth paying attention to for the typical investor. Scott also examines Estée Lauder’s acquisition of Tom Ford, and gives advice to entrepreneurs on how to gauge when it’s time to sell a company.
Timestamps:
00:00 - This week's number
00:38 - On Today's episode...
04:46 - Market Vitals
05:26 - Headlines
19:14 - Earnings from Target and Walmart
33:17 - Hedge funds and their interest in Pinterest
46:49 - Estee Lauder's acquisition of Tom Ford
55:18 - The week ahead
55:38 - Prediction
Show Notes:
Target and Walmart
https://www.cnbc.com/2022/11/17/walmart-and-targets-quarterly-results-lay-bare-retailers-differences.html
Hedge funds and Pinterest
https://www.bloomberg.com/news/articles/2022-11-15/hedge-funds-buy-pinterest-sell-getty-images-in-communications?sref=3REHEaVI
Estée Lauder and Tom Ford
https://www.wsj.com/articles/estee-lauder-to-buy-tom-ford-in-2-8-billion-deal-11668547715
Music: https://www.davidcuttermusic.com / @dcuttermusic