UBER is a high-quality buy-and-hold asset due to strong fundamentals (20-30% growth, $10B FCF) and insider buying, even though the market is currently undervaluing it.

Which stock excites me the most? I don't want a repeat of what happened last time. But for the record, I still love Uber, MSG Sports, and Atlanta Braves Holdings. Great shares.

Give me an update on Uber's thesis, because my view is that nothing they say matters. It is difficult to refute a negative claim. The market doesn't care at all. Okay, so...how much did Dara just buy?

How much did he just spend to buy shares for himself? I think 10 million. And the financial manager, I think, bought it for five. The stock is still not rising. Okay. The stock fell the following day.

So now they are buying back the shares. Institutional buyback. Insiders buy. They have actual and tangible partnerships for self-driving taxis on the streets of multiple cities with multiple partners.

That doesn't matter. This stock looks like it will trade at 12 times earnings. In terms of direction, this appears to be the path it is taking. I think it is almost impossible for the stock to remain the same if it continues to grow at a rate of 20 to 30% annually.

No, I can't tell you what the trigger is for that. Hmm, but you have a great business and this is a stock you should hold onto. I think this is an example of a buy-and-hold strategy because the business fundamentals are great.

Why don't they buy back the shares? Why don't they buy back 20% of the shares? Why don't they make a purchase offer? Yes. If you advise Uber, and talk to investor relations officers, the treasurer, and the CEO, virtually, you have been involved with many stocks that have been significantly undervalued for their growth over the years.

How do you get to a happy ending here? What else would you tell them besides managing and executing the work, which they are clearly doing? What would you tell them regarding stock market management if they believed they were still capable of investing in the business?

I would say that they should do what is necessary to invest in the business, retain some cash, and then buy as many shares as possible. Ah, making a purchase offer isn't a bad idea.

I liked these insider purchases. Dar was a stockbroker until recently. I think it's a great signal for the market.

Hmm, so I think you just have to be patient. It hasn't been long since then. Every year, this stock is either my best or worst performing stock.

What about, how much free cash flow will they generate in 2027? It was about 10 billion or so. That's an insane number.

Yes. Regarding market value. It's crazy. I recall that from memory, but I think it was around $10 billion. I mean, they execute their plans very well. They do everything correctly.

At some point, they will be rewarded. Hmm, I think being pessimistic is ridiculous, but, you know.

They are making investments in shares of self-driving vehicle fleets, something they said two years ago they were not interested in. But from their point of view, they need to boost the market with fleets that are not from Waymo or Tesla.

They need to put cars on the road. The fastest way to do this is to give money to the original equipment manufacturers who produce the cars.

Or invest in vehicle fleets provided by external artificial intelligence companies. So they do that in Europe, in the United States, and in Asia. The market gives them no credit for any of these investments being good investments.

Are you surprised by that? no. I mean, it's the market, you know, it does what the market does. It really wasn't that long. I mean, this stock was priced at $100. Not too long ago.

So, I think I just have to be patient. Um, you know, it's one of those things. It's frustrating, but that's the reality.

And who knows, the same thing might happen with Uber, where a news headline appears and the stock jumps by 10% and never comes back down. What Meta and Uber have in common in both cases is that these were not struggling companies.

Absolutely. Okay. These are just shares that have lost their luster.

Yes, and the same goes for Uber. They did nothing with their profit estimates. The guidelines remain the same as they were in January. Okay. It is certainly a struggling stock, but it is not a struggling business at all.

If you decide to exit the stock and wait for something to happen, will you buy it back at a 20% higher price? That's the problem. This is the psychology of the matter. And you know, I...you know, that's why, you know, you endure the pain, but I believe the pain will pay off well.