Creator Post Archive
Investing Moats with Varun
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Jul 6, 2026
Top 4 SaaS Stocks to BUY NOW
The creator discusses ServiceNow (NOW) as a potential buy, highlighting its strong renewal rates, enterprise adoption, and strategic positioning in the AI control tower space. Despite a recent stock price drop, the creator believes the current valuation offers a fair price, supported by insider buying and a positive outlook on AI as a tailwind for the company.
Jun 15, 2026
Most Growth Stocks Are Not Cheap (Ranked)
The creator and guest discuss whether Amazon is overrated or underrated, focusing on its survival through AI, valuation, and management. They conclude that Amazon is currently underrated, benefits significantly from AI, has a strong moat, and is undervalued when considering its operating cash flow.
Jun 9, 2026
EVERY Stock Michael Burry Is Buying Right Now (Ranked)
The creator analyzes Salesforce (CRM) as a potential buy, highlighting its sticky enterprise sales, deep integrations, and potential for AI to build on top of its platform rather than replace it. Despite some risks with new pricing models, the stock is considered cheap at 16 times earnings with steady growth.
Jun 7, 2026
Should You Buy SoFi After the Crash?
The creator analyzes SoFi's stock performance, which has crashed 50%. They break down the company's business model, focusing on user engagement and cross-selling strategies. While acknowledging bear arguments about low product usage per member, the creator highlights a strong cross-buy rate among existing customers, suggesting the strategy is working for a segment of their user base. The analysis aims to determine if SoFi is a buy despite the recent downturn.
Jun 4, 2026
The 7 Levels of SaaS Stocks (AI Kills 3)
The creator categorizes SaaS stocks into seven levels based on their stickiness and vulnerability to AI disruption. Levels 1-3 (Delete, Substitute, Migration) are considered more vulnerable, while Levels 4-7 are more defensible. AI is expected to impact the lower levels by offering viable alternatives or making data migration easier.
May 28, 2026
Every SaaS Earnings Report Ranked from Worst to Best
The creator reviews SaaS earnings reports, ranking them from worst to best. He expresses strong negative sentiment towards Trade Desk due to slowing growth and competition, but is bullish on AppLovin for its AI capabilities in ad tech and potential in e-commerce. Service Now is seen as a high-quality business with AI tailwinds despite a market overreaction to margin guidance, while Salesforce is viewed as a mature cash flow story rather than a growth play.
May 26, 2026
The Real Reason AI Kills SaaS Stocks
The creator discusses the risks AI poses to SaaS companies, specifically focusing on the potential for in-house AI development (vibe coding) and the transition from per-seat pricing to usage-based models. While in-house development is deemed overrated, the shift to usage-based pricing is considered underrated due to its potential to disrupt revenue streams for SaaS providers.
May 23, 2026
Ranking the Most Overrated Stocks
The creator ranks several stocks as overrated, placing Tesla and MicroStrategy at the top of the overrated list (1 and 3 respectively), while expressing a softer spot for SoFi (4) and liking Robinhood's business (2). Coinbase is ranked fifth due to its structurally disadvantaged business model.
May 22, 2026
Most Fintech Stocks Wont Survive AI (Ranked)
The creator analyzes several fintech stocks, assessing their vulnerability to AI disruption. PayPal is seen as a D-tier investment due to underinvestment and a weak AI strategy, while Robinhood is ranked S-tier for its high velocity and product innovation, despite some concerns about its business model. Intuit is considered safe for the next 1-2 years but faces long-term AI risks.
May 21, 2026
Ranking The BEST AI STOCKS In The World!
The creator ranks several AI stocks, placing ASML as number one due to its foundational role in the AI revolution. Microsoft is ranked fourth, primarily for its cloud business, while Tesla receives a low ranking despite the creator's personal dislike for Elon Musk. Palantir is considered a contender for the top spot and is placed second.
May 18, 2026
Super Investors Biggest Buys (Some Are Terrible)
Varun reviews the Q1 investment moves of several super investors, grading their performance and strategies. He notes Bill Ackman's rotation from Google to Microsoft, Berkshire Hathaway's significant portfolio changes under Greg Abel, Terry Smith's large sales of Intuit and Nike, and David Tepper's increased positions in Amazon and Uber. This segment reviews several investors' recent portfolio moves, highlighting buys in Crocs, Amazon, Constellation Software, and Simply Good Foods, while noting mixed sentiment on Mag 7 stocks and a contrarian bet on SaaS companies like Salesforce and ServiceNow. The creator discusses several investors and their recent portfolio moves, highlighting both positive and negative actions. Key mentions include Akre's contrarian SAS bets (Salesforce, ServiceNow) despite selling quality businesses (Brookfield, Mastercard, Visa), Dalio's broad AI semiconductor buys (Amazon, TSM, Micron), Druckenmiller's active trading (Google, Sandisk) and macro bets, Burry's put options on AI/semiconductors (Nvidia, QQQ, SOX) and interest in Adobe and MELI, and Aschenbrenner's AI infrastructure focus (Bloom Energy, Coreweave, Intel) and recent shift to put options against semiconductors. The creator discusses a new investor's strategy, noting their shift from AI infrastructure calls to buying put options on semiconductors, aligning with Michael Burry's bearish stance. While acknowledging the investor's intelligence and connections, the creator places them in a 'B tier' for idea generation rather than direct cloning.
May 14, 2026
The SaaS Situation Is INSANE
The creator discusses the current state of SaaS stocks, many of which are down significantly, and analyzes the impact of AI on various companies. They evaluate Adobe, Service Now, Salesforce, Intuit, Constellation Software, and Microsoft, assessing AI as either a threat or a tailwind for each, and assigning them to tiers based on disruptability. The creator discusses the impact of AI on various tech companies, categorizing them into tiers. Microsoft is questioned regarding its AI transition, while C Limited and Mercado Libre are placed in S tier due to their diversified businesses and AI as an enabler. AMD is also considered S tier, benefiting from the AI compute demand and potentially challenging Nvidia's GPU dominance with its own ecosystem.
May 13, 2026
Most Popular ETFs Are Scams (23 Ranked)
The creator reviews various ETFs, categorizing them into tiers like 'scam', 'caution', 'great', and 'best'. He expresses skepticism towards popular income ETFs like JEPI and QYLD due to capped upside and high risk. He favors broad market index funds like VOO, IVV, VTI, and VT for their diversification and low fees, while cautioning against leveraged ETFs (TQQQ, UPRO) and celebrity-endorsed funds (GRNY, OUSA). Gold ETFs (GLD, IAU) are placed in caution, while gold miners (GDX) are deemed a scam. Bitcoin ETF (IBIT) is considered high risk. SCHD is rated solid for dividend growth, and QQQ is recommended for tech exposure. The creator discusses ETFs, recommending VT as a 'best' option for broad international and US allocation, and mentions owning both VT and VOO. They also touch on factor investing via Dimensional Fund Advisors (DFA) ETFs for data-driven investors. However, they strongly caution against single-stock leveraged ETFs like TSLL, calling them 'scams' due to high failure rates and poor performance compared to the underlying stock.
May 11, 2026
No company can escape Salesforce
The creator analyzes Salesforce's current stock performance, business model, and future prospects. Despite a significant price drop, the business model is rated highly due to deep customer embedding and a strong data moat. However, risks include slowing organic growth, a transition to consumption-based pricing, and potential margin compression due to AI. The creator views the stock as cheap but not necessarily a buy, highlighting mediocre returns on capital and uncertainty around the new pricing model. The creator discusses Salesforce, noting its solid business fundamentals like high Fortune 500 adoption and zero attrition, while acknowledging concerns about capital allocation. The stock is considered attractively priced, offering potential for significant upside if growth initiatives like headless 360 and Agent Force succeed, with a relatively safe downside even in a bear case.
May 7, 2026
Does Joseph Carlson Practice What He Preaches? (Ranked)
The creator reviews Joseph Carlson's stock picks against his own criteria, evaluating Meta, Mastercard, Costco, Netflix, Intuit, Alphabet, and Duolingo. Mastercard and Alphabet are highlighted as strong performers within Carlson's framework, while Meta and Netflix are also highly rated. Costco and Duolingo receive lower grades due to framework fit, and Intuit is viewed with caution regarding its consumer business. This analysis evaluates Joseph Carlson's stock portfolio against his own investment framework, grading companies like Duolingo (D tier), S&P Global (A tier), Moody's (S tier), ASML (A tier), Amazon (A tier), Texas Roadhouse (B tier), and Microsoft (A tier). The creator highlights the importance of temperament and adherence in investing, suggesting that Carlson excels at building a portfolio that matches his personal style and allows him to hold through market volatility.
May 5, 2026
Most Investors Own the Wrong AI Stocks (Ranked)
The creator discusses how AI is impacting various companies, focusing on their moats and competitive positioning. Microsoft is seen as a C-tier player due to execution issues with Copilot, while Google is considered S-tier due to its strong AI cloud and advertising business. Visa and Mastercard are also viewed as S-tier due to their essential role in facilitating transactions, regardless of AI advancements. Constellation Software and Shopify are rated A-tier, recognized for their strong business models and management execution in the evolving software and e-commerce landscapes. The creator discusses several companies, ranking them based on their business moats and AI potential. Shopify is placed in A or B tier, Microsoft in B tier, ASML in A tier (though one creator argues for S tier), Autodesk in B tier, Accenture in D tier, and Brookfield in A or B tier. The discussion touches on competitive advantages, risks like geopolitical tensions and AI disruption, and valuation concerns.
May 4, 2026
Zuckerberg is Killing the iPhone ($META Deep Dive)
The creator discusses Meta's long-term strategy to replace the iPhone with a new computing platform centered around AR/VR, AI, and neural interfaces. Despite significant investment and potential, risks related to execution timing, ethical concerns, and market adoption are highlighted. The creator views Meta's core advertising business as strong and believes Zuckerberg's conviction and control make the company a compelling, potentially undervalued investment. The creator analyzes Meta Platforms (META), considering its valuation, accounting changes, and future growth scenarios. Despite risks associated with Reality Labs and potential cash flow bleed, the core advertising business and the potential for a new platform are seen as strong positives, making it an attractive investment.
May 1, 2026
Most Mag 7 Stocks Are Not Cheap (Ranked)
The creator ranks the "Mag 7" stocks based on valuation and hidden assets. Google (GOOGL) and Microsoft (MSFT) are placed in B tier, considered fairly valued but not cheap. Nvidia (NVDA) is moved to C tier due to geopolitical risks and competition. Apple (AAPL) is upgraded to B tier due to its AI edge potential. Meta (META) is rated S tier, seen as cheap with significant unmonetized optionality. Tesla (TSLA) is a D tier due to declining revenue and high valuation for unproven ventures. Amazon (AMZN) is ranked A tier, considered the favorite due to its strong operating income, AI in the physical world, and free options.
Apr 27, 2026
No company can leave ServiceNow
The creator analyzes ServiceNow (NOW), highlighting its strong customer retention (97% renewal rate) and the strategic value of its Configuration Management Database (CMDB), which maps enterprise IT infrastructure. Despite a 60% stock drop due to concerns about customer layoffs impacting seat revenue and AI upsell predictability, the creator believes the CMDB positions ServiceNow as a crucial 'AI control tower' for enterprises. The creator rates the company's hidden assets and plan as A and B tiers respectively, but expresses low conviction in the CEO's alignment and spending, rating them D and C tiers. The valuation is considered high-end fair, with a potential bull case driven by CMDB monetization and AI leadership. The creator discusses ServiceNow, highlighting its strong business model, moat, and hidden assets, particularly its potential to manage AI agents. While acknowledging the company's quality and high renewal rate, the creator expresses reservations about the valuation, spending, and skin in the game, ultimately deeming it a "pass" at the current price and requiring a lower entry point for a better risk-reward.
Apr 24, 2026
Most SaaS Stocks Are Not Cheap (Ranking All 15)
The creator ranks 15 software stocks based on valuation and AI risk, identifying ServiceNow and Salesforce as strong buys (S-tier), Intuit as a hold (B-tier), and Palantir and Monday.com as sells (D-tier). Adobe and Constellation Software are considered A-tier buys, with the latter being the creator's largest personal holding. The creator provides a tiered ranking of SaaS stocks, focusing on their AI integration, business models, and financial health, particularly stock-based compensation (SBC) relative to free cash flow. Constellation Software is highly rated for its acquisition strategy and capital allocation, while Cloudflare, Datadog, and Snowflake are criticized for high SBC and negative real owner's earnings. Atlassian and CrowdStrike receive mixed reviews due to SBC issues despite AI tailwinds. Shopify and HubSpot are seen as strong businesses but currently overvalued. Workday faces risks from seat compression and co-founder stock sales.
Apr 21, 2026
Bill Ackman Owns 10 Stocks. Only 3 Are Worth Buying (Ranked)
The creator reviews Bill Ackman's stock portfolio, identifying three S-tier companies: Alphabet (GOOG), Amazon (AMZN), and Meta (META). Alphabet is praised for its AI dominance, data advantage, and diverse business segments. Amazon is highlighted for its AI in physical logistics, cloud, and advertising growth. Meta is considered an S-tier business due to its AI investments and undervalued ad business. Brookfield (BN) is mentioned as a strong business on the watchlist but not yet owned due to CEO's promotional tone and business complexity. The creator discusses Bill Ackman's stock picks, ranking them and providing analysis. He covers Meta (META), Universal Music Group (UMG), Uber (UBER), Restaurant Brands (QSR), and Howard Hughes Holdings (HHH), evaluating their potential based on business models, management, and market risks like AI and competition. The creator discusses Bill Ackman's portfolio, ranking stocks and providing insights into his investment strategy. He expresses concerns about Howard Hughes' fee structure and lack of free cash flow focus, placing it in C tier. Fannie Mae and Freddie Mac are highlighted as a speculative trade with massive upside potential if released from conservatorship, despite significant risks. Hertz is deemed a D tier investment due to its financial instability and lack of competitive advantages.
Apr 17, 2026
Most Safe Stocks Aren't Actually Safe (Ranked)
The creator discusses the safety of stocks, ranking 15 companies based on moat, reinvestment runway, and leadership. Berkshire Hathaway is discussed as a high-quality company with an untouchable moat but faces challenges in reinvestment and leadership transition post-Buffett. Constellation Software is highlighted for its unique business model, strong moat, and management, despite the founder stepping down. The creator discusses Constellation Software (CSI) and PayPal, comparing their moats and investment potential. Constellation is seen as well-positioned against AI disruption due to its diversified, mission-critical software assets in niche industries, with a strong management structure and runway, earning it a high rating. PayPal, despite its large user base, faces intense competition in online checkout from players like Apple Pay and Google Pay, eroding its moat and leading to concerns about its management team's effectiveness. The creator discusses two companies, PayPal and Copart. PayPal is deemed a poor investment due to management issues and a weak moat, despite being cheap with a buyback yield. Copart, a junkyard operator, is praised for its strong moat, real estate ownership, and management, but faces headwinds from competition and potential disruption from autonomous vehicles, leading to a B-tier rating. The creator discusses Chapters Group, a European software company, comparing it to Constellation Software and highlighting its smaller size and potential for disruption. They also analyze Duolingo, questioning its moat despite brand recognition and data focus, and suggesting it may not be a long-term trillion-dollar opportunity. Copart is mentioned as a high-quality business at a fair price. The creator discusses several companies, rating Duolingo as a low C tier/high D tier due to concerns about churn and pricing power, despite a strong founder. Lululemon is placed in the C tier, acknowledged for strong margins and DTC but facing challenges in the competitive apparel market and potential brand dilution. MercadoLibre is highlighted as a favorite pick, praised for its strong ecosystem and flywheel effect across e-commerce, fintech, and logistics in South America, with significant growth potential. The creator discusses MercadoLibre (MELI) and Amazon (AMZN) as investment opportunities, highlighting their respective strengths and risks. MELI is praised for its dominance in South American e-commerce and fintech, but faces risks from credit exposure and regional instability. Amazon is lauded for its strong moat in logistics, AWS, advertising, and its significant investments in AI and robotics, positioning it as an S-tier investment. The creator discusses the safety and long-term prospects of several major tech companies, including Amazon, Microsoft, and Google (Alphabet). Amazon is highlighted as a primary beneficiary of AI in the physical world due to its logistics and branding. Microsoft is seen as a strong contender, potentially mirroring Google's success, but with more long-term questions regarding its moat, particularly concerning Copilot and the future of Office. Google Workspace is mentioned as an alternative to Microsoft Office, with a discussion on customer lock-in and the potential impact of AI on traditional software suites. Finally, the creator expresses a preference for Hermès over LVMH in the luxury market, citing concerns about quality dilution with LVMH's diversification. The creator discusses luxury brands Hermès and LVMH, favoring Hermès for its focus on craftsmanship and consistent quality, while noting LVMH's diversification and key man risk. They also touch on Netflix, highlighting its superior user experience, ability to monetize IP, and strong brand moat as reasons for its success in the streaming wars. The creator discusses Netflix's strong operational moat, its use of AI, and its expansion into gaming and content creation, placing it in A-tier. Airbnb is discussed as a strong brand with network effects but faces regulatory risks and unproven diversification efforts, landing it in B-tier. Uber is mentioned as the final, polarizing company in the discussion. The creator discusses Uber's business model, highlighting its strong network effects, dual platform (mobility and eats), and the CEO's operational skills. While acknowledging potential risks from competitors like Waymo and Tesla in the autonomous vehicle space, the creator views Uber's role as a demand aggregator favorably. The discussion also touches on Tesla's valuation and Elon Musk's influence, and the importance of position sizing in investment decisions.
Apr 14, 2026
Adyen: Stripe's Next Victim or Generational Buy?
The creator discusses Adyen, a payment processing company, highlighting its integrated, single-codebase platform as a significant competitive advantage over rivals like Stripe and legacy processors. Despite a recent stock price drop, the creator believes Adyen's business model, which focuses on large enterprise clients and benefits from secular tailwinds in digital payments and market share gains from less efficient competitors, positions it for strong future growth. The company's strategy of building in-house rather than acquiring, leading to less technical debt and greater efficiency, is presented as a key differentiator. The creator discusses Adyen (ADYEN), highlighting its technological advantages like a single codebase, AI-driven fraud detection and conversion improvements, and its potential in agentic commerce. While acknowledging Adyen's strong moat and internal capital allocation, the creator notes concerns about its lack of external capital deployment (dividends, buybacks, acquisitions) and the commoditization risk in the digital payments segment. The potential for embedded financial products is seen as a significant optionality. The creator analyzes Adyen (ADYEN), a payment processing company, comparing it to Stripe. Despite acknowledging Stripe's stronger business model and optionality, the creator argues Adyen is a better investment due to its significantly lower valuation, higher margins, and focus on enterprise and unified commerce. Key risks like competition from Stripe, reliance on interest income, and stablecoin disruption are discussed but deemed manageable. The creator concludes Adyen is fairly priced with a strong business model and moat, offering a good risk-reward profile, especially at current price levels. The creator discusses Adyen, concluding it's neither a victim of Stripe nor a generational buy, but a fair-priced, wonderful business with upside and AI tailwinds, making it a reasonable buy at current levels. They have opened an exploratory position and advise purchasing the Amsterdam listing due to Adyen's unsponsored ADR.
Apr 10, 2026
Only 3 of the MAG 7 Are Impossible to Compete With (Ranked)
The creator discusses the moats of the "MAG 7" stocks, ranking them by their competitive advantages. Meta and Apple are analyzed in detail, with differing opinions on their moat strength and investment potential. Google's valuation and investment gains are also touched upon. The creator discusses the moats of several "MAG 7" companies, focusing on Google and Nvidia. For Google (GOOGL), the creator argues it's "impossible to compete with" due to its data advantage, search monopoly, YouTube's lack of competitors, and its strategy of winning platforms for free. For Nvidia (NVDA), the creator places it in the "wide moat" category, acknowledging competitors but highlighting CUDA as a strong advantage, while noting valuation seems reasonable given growth prospects. The discussion also touches on Waymo as an optionality play for Google and the broader semiconductor supply chain's strong demand. The creator discusses the moats of several tech giants, ranking Amazon as having the strongest moat due to its logistics and AI in robotics, followed by Google. Microsoft is considered a strong moat but not impossible to compete with due to its enterprise software lock-in and Azure, though its AI model dependency is a concern. Tesla is placed in the 'strong moat' category, with its brand recognition and vertical integration being key strengths, but its over-promising on timelines and current car-centric business model prevent it from being 'impossible to compete with'. The creator discusses Tesla's moat, ultimately agreeing it's a narrow moat business primarily due to its current reliance on vehicle sales and increasing competition, despite its potential in areas like AI and robotics. The discussion also touches on how valuation can influence the perception of a company's moat.
Apr 7, 2026
Adobe Is Impossible to Disrupt. Unless...
The creator discusses Adobe's valuation, comparing it to Altria Group and highlighting Adobe's strong moat due to industry-wide switching costs, integrated AI features like Generative Fill, and enterprise adoption. A key concern raised is 'seat erosion' due to AI-driven productivity gains, which could lead to fewer designers needed in enterprises, potentially impacting Adobe's revenue despite its strong market position. The creator discusses Adobe's competitive landscape, particularly concerning AI disruption. While acknowledging the potential for LLMs to impact the initial brainstorming stages of design work, the creator argues that Adobe's enterprise solutions like Gen Studio and the need for brand consistency and high-quality output will likely retain professional designers. The discussion also touches on the difference between horizontal and vertical SaaS, the probabilistic nature of LLMs versus deterministic software, and the loyalty of enterprise designers to Adobe's ecosystem. The creator discusses Adobe's business model, focusing on the disconnect between public sentiment and enterprise usage. They analyze potential risks like revenue deceleration, CEO transition, and the impact of AI agents, while also presenting a bull case based on current valuation and Adobe's strong enterprise position. The creator contrasts Adobe's situation with companies like PayPal and Uber, and mentions Altria and Zoom as valuation proxies. The creator discusses Adobe's stock, comparing its potential returns to companies like Altria and Zoom. While acknowledging risks, particularly from AI disruption, the creator believes Adobe is currently undervalued and could offer good returns through buybacks and consistent cash flow, even in a bearish scenario. Ultimately, the creator passes on the stock due to personal risk assessment but acknowledges it could be a good investment for others.
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