Baidu: A Bet For Chinese AI

Core Insights - Baidu, Inc. is compared to Alphabet Inc. as a collection of businesses, with its core focus on digital marketing and its Chinese search engine [1] - The company employs a value investing approach, targeting high-growth opportunities across various industries [1] - The discounted cash flow (DCF) valuation methodology is primarily used for assessing intrinsic value, complemented by business model frameworks from prestigious institutions [1] Company Overview - Baidu's main business revolves around digital marketing, similar to Alphabet's operations [1] - The company aims to identify firms that can significantly impact the global landscape in the future [1] Investment Strategy - A value investing approach is prioritized, focusing on robust business models and strategic foresight [1] - The analysis incorporates various valuation techniques, ensuring a comprehensive understanding of a company's strategic positioning [1] Analyst Background - The analyst holds an MBA from IESE Business School and is a chartered financial analyst with the CFA Institute [1]