Preston: Herding into mega-cap tech leaves other stocks undervalued

Investment Strategy - Investors should focus on companies trading below their fair value for potentially great returns [1] - Undervalued opportunities exist in the US, Brazil, Korea, and the UK [2] - Opportunities can be found in various sectors, including technology, industrials, and financials [3] Global Market Analysis - Mega-cap US tech stocks may be overvalued, leading to opportunities elsewhere [2] - Korean tech companies like SKH Highix offer good prospects at lower valuation multiples compared to US tech stocks [3][4] - Trade policies and tariffs are important but should not be the sole focus; companies with strong business models and asset portfolios can thrive regardless [5] Specific Investment Examples - SKH Highix, a high bandwidth memory manufacturer, trades at a fraction of the valuation of large US tech stocks [4] - Nintendo in Japan is undergoing a business model transition and possesses a strong asset portfolio [5]