Investors / stance tracking
What Kevin Mahn is saying
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18 dated public stances tracked since 2026-01-02, most recently 2026-10-22. Each line carries the date and the venue it came from; quotation marks mean verbatim. Methodology.
The stances below are c8alpha's editorial distillation of Kevin Mahn's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. Kevin Mahn is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
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18
tracked stances
17
themes
0
side flips
2026-10-22
last heard
Returns 90d -3.8% 44% correct · 9 calls
Raw direction-aware returns on public statements — long calls credited when the price rose, shorts when it fell, shorts capped at −100% — in a rising market this mostly measures who was long, not who has skill. Returns run from the stance date; calls are rarely closed publicly, so fixed 90-day / 180-day / 1-year horizons are used. A horizon shows only once it has fully matured, and only at 5+ scored stances. “% correct” is the share of those scored calls whose direction-aware return was positive at the horizon — in a rising market a bullish call is correct by default, so read it beside the market, not alone.
Scored calls
Every tracked call with at least one matured horizon: the rows behind the Returns line above. A dash is a horizon that has not matured yet.
| Date | Name | Call | 90d | 180d | 1y |
|---|---|---|---|---|---|
| 2026-07-09 | long NVDA / long GOOGL / long TSM / long MU (+3 legs) | basket | +0.2% | — | — |
| 2026-07-09 | VRT | bullish | -23.9% | — | — |
| 2026-07-09 | TSM | bullish | +8.3% | — | — |
| 2026-07-09 | MU | bullish | +9.7% | — | — |
| 2026-07-09 | GOOGL | bullish | -2.3% | — | — |
| 2026-07-09 | AEP | bullish | -8.1% | — | — |
| 2026-04-19 | TDG | bullish | -5.5% | -10.6% | — |
| 2026-04-19 | AMZN | owns | +0.7% | +0.7% | — |
| 2026-01-02 | MELI | bullish | -13.1% | -11.7% | — |
Most-argued themes
| Theme | Stances | Lean | Mix | Last |
|---|---|---|---|---|
| AEP | 1 | 1 bullish | 2026-07-09 | |
| AMZN | 1 | 1 bullish | 2026-04-19 | |
| CEG | 1 | 1 bullish | 2026-10-20 | |
| CPRT | 1 | 1 neutral | 2026-04-19 | |
| EXOR | 1 | 1 bullish | 2026-04-19 | |
| GOOGL | 1 | 1 bullish | 2026-07-09 |
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
2026-10-22
UTILITIES
bullish
Fox Business (uncut) · uncut_tv
Utilities offer below-historical valuations, accelerating earnings growth, low market beta, a 3.1% dividend yield, and growing electricity demand from AI infrastructure.
“Utilities have become a backdoor play into the AI revolution.”
Fox Business uncut 2026-10-22 14:53 ET (5 min)
Nuclear-owning utilities trade below their 5/10/20-year average forward P/E (~15.5x) with the lowest S&P 500 beta of any sector while becoming backdoor AI plays via long-term hyperscaler power deals — Constellation Energy's 20-year Alphabet nuclear contract…
“they become a backdoor play into the AI revolution... not a short-term play, this could be a longer term position”
Default swaps on Big Tech quadrupled, and five canaries in the coal mine | Market Hang
Said again: 2026-10-20 (Yahoo Finance)
2026-10-20
UTILITIES SECTOR
bullish
Yahoo Finance · video
95% of US nuclear plants are owned by utilities, making the sector a backdoor AI play; the group trades at 15.5x forward earnings below its 5/10/20-year averages, carries the lowest beta of the 11 S&P sectors, and now offers AI-growth exposure alongside…
“these aren't your father's utilities...they've become a backdoor play into the AI revolution”
A surge protector plugged into itself | Market Hang
2026-10-20
Small Caps
bullish
Yahoo Finance · video
Smaller-cap SMR companies providing off-grid nuclear power directly to data centers benefit from the AI power bottleneck and from bipartisan policy support to triple nuclear's share of US electricity generation
“smaller cap plays providing small modular reactors to the data centers and become nuclear power off-grid”
A surge protector plugged into itself | Market Hang
2026-10-11
MC
bearish
Yet Another Value Podcast · video
LVMH's 75% profit concentration in fashion/leather and Louis Vuitton's dominance within that creates high cyclicality via aspirational-buyer exposure; seven consecutive quarters of negative organic growth in core segment, 7pp margin compression since 2021…
“I don't think the brand strength will get any better in the next decade”
Hermès and LVMH Stock: Time to Buy Luxury?
Waymo cannot monopolize global AV demand before competing AV players (Tesla, Zoox, BYD Apollo Go, Nvidia-backed stacks, Rivian, Nuro) scale internationally, so Uber remains the neutral aggregator with no-loyalty ride-hail dynamics actually favoring the…
“I have to log into my personal account and buy some more Uber”
Uber Stock: Just Keeps Getting Cheaper
2026-07-09
long NVDA / long GOOGL / long TSM / long MU (+3 legs)
basket
Yahoo Finance · video
AI benefactors (foundry, memory, cooling, power) that RECEIVE the capex spending have outperformed the Mag-7 spenders by over 75pp in H1—equal-weighting them as 'air 7' captures the full AI infrastructure stack rather than concentrating in the hub
“focus more so on who's receiving the spending”
90d +0.2%
Wall Street is looking beyond Nvidia
Power demand is an irreplaceable AI enabler, AEP is already up 20%+ YTD yet still yields over 2.5%, offering growth plus income in an overlooked AI infrastructure vertical
90d -8.1%
Wall Street is looking beyond Nvidia
Memory is a hard bottleneck for AI—no memory means the AI revolution stops—and Micron trades at just 6x forward earnings despite inability to keep up with demand
“the AI revolution comes to a screeching halt without memory and without power”
90d +9.7%
Wall Street is looking beyond Nvidia
Taiwan Semi is the world's largest dedicated chip foundry and has onshored Nvidia chip production to Phoenix, Arizona, positioning it as a direct beneficiary of continued AI capex
90d +8.3%
Wall Street is looking beyond Nvidia
Alphabet is the one Mag-7 name that has genuinely outperformed the S&P 500 YTD and earns its place as both a spender and a beneficiary within the AI ecosystem
90d -2.3%
Wall Street is looking beyond Nvidia
AI data center build-out requires massive cooling infrastructure and Vertiv is a direct equipment beneficiary of that spending cycle
90d -23.9%
Wall Street is looking beyond Nvidia
Selling TransDigm from the portfolio to concentrate capital in Amazon, where conviction is higher; the business model is exceptional but conviction has not grown since initiating the 2% position, and portfolio management favors one deep conviction bet over…
“companies like Transdigm need to either upgrade to full positions or they have to leave the portfolio”
90d -5.5% · 180d -10.6%
Portfolio Review: Thoughts on Airbnb, Reddit, FICO, and co.
2026-04-19
EXOR
bullish
We Study Billionaires · video
EXOR trades at a 60% discount to its ~€33B net asset value, meaning you acquire the Ferrari stake (worth roughly the entire market cap) plus stakes in CNH, Stellantis, Christian Louboutin, and The Economist for free, while management buybacks actively force…
“the only thing that has to happen for you to make money is for that discount to narrow”
Portfolio Review: Thoughts on Airbnb, Reddit, FICO, and co.
Upgrading Amazon from 5% to 9% of portfolio by selling TransDigm and Copart, as AWS demand remains structurally strong and AI and robotics provide a long-term cost-structure tailwind that offers higher conviction and better risk-adjusted return than the…
“I would actually go for the latter — Amazon's now a 9% position”
90d +0.7% · 180d +0.7%
Portfolio Review: Thoughts on Airbnb, Reddit, FICO, and co.
2026-04-19
NTDOY
owns
We Study Billionaires · video
Switch 2 backward compatibility has broken the historical pattern of rebuilding the user base each console cycle — 84% of Switch 2 buyers upgraded from Switch 1 — and the Mario/Nintendo IP flywheel (film, theme parks, games) is self-reinforcing and…
“I personally have established a small position in Nintendo at about $13 a stock in my personal portfolio”
Portfolio Review: Thoughts on Airbnb, Reddit, FICO, and co.
Selling Copart from the portfolio alongside TransDigm to redeploy into Amazon; the business quality is respected but expected forward returns are lower than Amazon and managing two peripheral positions versus one high-conviction position is suboptimal…
“not in any way a condemnation of Transdigm or Copart”
Portfolio Review: Thoughts on Airbnb, Reddit, FICO, and co.
Mercado Libre is the dominant e-commerce and fintech platform in Latin America with 27 consecutive quarters of 30%+ growth, benefiting from a multi-decade secular tailwind as LatAm e-commerce penetration sits at only 14-15% vs 24% in the US, protected by an…
“it's a pick that if you believe in it you need to hold it for probably four to five years and it could be a fantastic company over the next decade”
90d -13.1% · 180d -11.7%
Top Stocks for 2026 w/ Shawn O'Malley, Daniel Mahncke, & Clay Finck
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