June Member Engagement Meeting: Moat Score and Tariff Resilience Score

New Features and Tools - Guru Focus introduced a Mode Score and a Tariff Score to help investors assess a company's long-term competitive advantage and resilience to tariffs, respectively [5][6][7][12] - Guru Focus added a geographic revenue filter to the screener, allowing users to filter companies by revenue source (US, Canada, Europe, etc) [38][39][40] Mode Score Analysis - A good Mode Score is considered 8 or above, on a scale of 1 to 10 [14] - Amazon has a wide Mode Score of 9 due to its dominant market position, strong network effect, customer loyalty, and economies of scale [16][17] - Berkshire Hathaway has the highest Mode Score of 10, although the difference between 10 and 9 is not considered significant [19] - Microsoft has a robust wide mode due to its dominant market position, strong brand, extensive network effect, high switching costs, valuable IP, and consistent innovation [11] Tariff Score Analysis - A good Tariff Score is considered 8 or above, on a scale of 1 to 10 [14] - Tesla has a Tariff Score of 4, indicating it is more impacted by tariffs, while Ford is ranked slightly higher [16] - Amazon's vast global supply chain and logistics network provides flexibility to mitigate tariff impacts, enhancing its resilience [17] Backtesting and Screening - Guru Focus offers backtesting functionality, allowing users to test investment strategies based on various filters and rankings [41][42][43][44] - The all-in-one screener allows filtering for companies with high Mode Score and high Tariff Resilience Score [16] - Users can download screener results to Excel or CSV files [27] Investment Philosophy and Market Views - Guru Focus emphasizes investing in high-quality companies with consistent business and high profit margins [20][21][68] - Guru Focus believes growth and profitability are more important than valuation, but does not want to buy stocks that are extremely overvalued [29][67][68] - The presenter personally owns gold due to concerns about the US national debt, which is growing faster than GDP and consuming a significant portion (20%) of government tax income [33][34][35] - Guru Focus warns against value traps, which are companies that appear undervalued but have underlying financial distress or declining growth [61][72][73]