Salesforce's Q3 Centers Of Gravity: Fear, AI, And The 10% Problem

Group 1 - The article highlights that Salesforce, despite being a significant player with a market cap above $200 billion, has lost favor among investors this year, contrasting with the trend of other major tech companies [1] - The author emphasizes the importance of sustained profitability, characterized by strong margins, stable and expanding free cash flow, and high returns on invested capital, as a more reliable driver of returns than valuation alone [1] - The investment strategy focuses on undervalued growth stocks and high-quality dividend growers within the U.S. and European equities markets [1] Group 2 - The author manages a portfolio publicly on eToro, where they have qualified as a Popular Investor, allowing others to replicate their real-time investment decisions [1] - The interdisciplinary background of the author, which includes Economics, Classical Philology, Philosophy, and Theology, enhances both quantitative analysis and the interpretation of market narratives [1] - The investment philosophy aims to ensure financial freedom for the author's family, emphasizing the importance of having enough assets to pursue desired work rather than avoiding it [1]