Bloomberg Surveillance · Thursday, September 10, 2026
Molly Peroni of Yachman Asset Management highlights Samsung as a significant holding, describing it as a global technology leader available at a 'Korean discount,' trading at two to three times cash flow. She points to the company's diverse businesses, including memory, foundry, and consumer electronics, as providing substantial value and downside protection for investors.
“Samsung is one of our largest positions. And you can own Samsung, which is one of the global leaders in technology. You can own it for, call it, two to three times cash flow. You can look forward two or three or four years, and you've made up the entire market cap of the company.”
“Plus, you own the memory business. You own the foundry business. You own the consumer electronics, not to mention the folding phone. So you've got a lot of coverage with a global leader in technology.”
“But because it's part of this Korean discount that is still plaguing the Korean names, you get a world-class company for extremely low valuation, which is how we like to own these companies in our portfolio.”