Subscribe to The Daily Tape·Mr. Market's mood + the day's full reckonings in your inbox at 9:00 AM ET·$99/yr — first 30 days free →
MR. MARKET TODAYKO 78.42COST 1015PG 167.30MCD 305.80AAPL 234.10MSFT 478.5530Y TREASURY 4.97%IV PROTOCOL v1.0 — OWNER EARNINGS DCF“BE FEARFUL WHEN OTHERS ARE GREEDY” — W. BUFFETTMR. MARKET TODAYESTABLISHED 2026
MR. MARKET TODAYKO 78.42COST 1015PG 167.30MCD 305.80AAPL 234.10MSFT 478.5530Y TREASURY 4.97%IV PROTOCOL v1.0 — OWNER EARNINGS DCF“BE FEARFUL WHEN OTHERS ARE GREEDY” — W. BUFFETTMR. MARKET TODAYESTABLISHED 2026
Vol. I, No. 1
A daily reckoning of price vs value

Mr. Market

The Daily Tape · Established 2026 · Edited from Olympia, Washington
The Cohorts · Quarterly vintage
Inception 2024-01-01 · 2.5 years held

Q1 2024 · Top 5.

On 2024-01-01, these 5 businesses were the 5most-undervalued names in our coverage universe by Mr. Market's protocol. We've held them, equal-weighted, since.

Q1 2024 · Top 5 · since inception
+72.7%
CAGR 24.8% annualised
S&P 500 · since inception
+62.8%
CAGR 21.8% annualised
Spread
+10.0%
This cohort has beaten the index.
Other cohorts at the same inception

The constituents.

Ranked, on the inception date, by Δ% to intrinsic value. Each holding is equal-weighted at 20.0% of the portfolio.

Biggest contributors

Where the cohort earned its keep.

  • GOOGL · $136.96$368.03+168.7%
  • JPM · $163.01$325.22+99.5%
  • BAC · $31.96$56.20+75.8%
Biggest detractors

Where the protocol got it wrong.

  • OXY · $57.28$51.82-9.5%
← All cohortsThe Five (rebalancing strategy) →Subscribe →