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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 2024-04-01 · 2.3 years held

Q2 2024 · Top 10.

On 2024-04-01, these 10 businesses were the 10most-undervalued names in our coverage universe by Mr. Market's protocol. We've held them, equal-weighted, since.

Q2 2024 · Top 10 · since inception
+51.0%
CAGR 19.2% annualised
S&P 500 · since inception
+51.7%
CAGR 19.5% annualised
Spread
-0.7%
This cohort has trailed 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 10.0% of the portfolio.

Biggest contributors

Where the cohort earned its keep.

  • CAT · $352.15$876.54+148.9%
  • GOOGL · $154.12$377.65+145.0%
  • JPM · $188.77$357.52+89.4%
Biggest detractors

Where the protocol got it wrong.

  • NKE · $87.85$41.53-52.7%
  • OXY · $63.55$55.09-13.3%
  • LOW · $237.34$218.08-8.1%
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