Value Investing with Sven Carlin, Ph.D. 对 $LULU 的判断变化
这个频道在这只股票上的每一条判断，按时间倒序，每一步都读完那条视频里关于这只股票的全部内容。相邻两条方向不同的地方标出方向翻转。
Lululemon更便宜，在亚洲疯狂增长。我也认为Lululemon是他持有的一个巨大仓位，如果不是最大仓位的话。
Ant Lulu cheaper growing like crazy in Asia. And I also think Lululemon is a huge position for him if not the top position.
同样，Lululemon已经突破了所谓的40亿美元收入上限，达到了110亿美元的收入。但从2021年、2019年或2018年以来，它以很高的速度增长了七年。自那以后，股价一直停滞不前。
Similarly, Lululemon has passed that four billion let's say ceiling went to 11 billion in revenues. But since what was this 2021, 2019, 2018, it's grew for seven years at great rates. Since then, the stock has done nothing.
如果我们继续谈论Lululemon，他的Michael Bur讨论了过去它的表现有多好。是的，过去表现很好。它会成为另一个这样的品牌吗？谁知道呢？
So if we continue speaking of Lululemon, his Michael Bur discussing how it did great in the past. Yes, it did great in the past. Will it be another of these brands? Who knows?
他说目前糟糕的管理层反而是好事。新任CEO应该带来变化、现金流和股票回购。新CEO的任何重组都可能使其恢复增长。
He says that the bad management at the moment is great. The new CEO should bring to changes, cash flows, buybacks. Any shakeups by the new CEO can bring it back to growth.
所以指引仍在增长，仍然还可以。但你可以看到这里在中国没有增长，还有鼓丑闻之类的事情。从这个角度来看，Lululemon非常便宜，但我之前也告诉过你，我不会下注。当它在200美元时我没有下注，然后在160美元时做了最终决定，之后它甚至跌得更低了。
这里的情况是，你可能抄到底部。对于私人所有者来说，价值是多少？100亿美元。但我们在那里，如果有10亿美元的自由现金流，那就会变得有趣。所以不，还没有安全边际。
So guidance still growing, still okay. But you can see here not growing China the drum scandal things like that Lululemon is very cheap from that perspective but I also told you I'm not betting when it was at 200 then final call on 160 then it went even lower the situation here is you might catch the bottom what's the value to private owner 10 billion but we are there 1 billion free cash flows that would make it interesting so no not yet margin of safety
关于增长押注，Lululemon很便宜，但作为价值投资者，我需要更多的确定性。如果你想承担投资组合7%到10%的风险，那么现在就是买入的时候。
on on growth bet Lululemon it's cheap but as a value investor I need more certainty if you want to risk 7 10% of your portfolio then now it is the time to buy
Lulu很便宜。
Lulu is cheap.
然而，别误会我的意思，Lululemon现在已经上涨了20%。如果你买入，如果CEO表现出色，你可以赚取50%的收益。
However, don't get me wrong, Lululemon, it's already up 20% now. If you buy it, you can make 50% if the CEO does well.