Please stay tuned for important disclosure information at the conclusion of this episode.

Here's what's ahead on this week's investing insights. Charlie Munger's passing is a spiritual

loss for Berkshire Hathaway. Morningstar's Berkshire analysts will explain why. What Munger and

Warren Buffett built together is expected to thrive for years to come.

Plus, we'll tell you who's closing in on Instacart and whether the company's stock is undervalued

and why this holiday shopping season may hold clues for consumer spending in 2024.

This is Investing Insights.

Welcome to theing Insights. I'm your host, Ivana Hampton. Let's get started with a look at the

Morning Star headlines. Instacart leads online grocery delivery platforms, but rivals are

closing the gap. Morningstar has launched

coverage of the company. It expects Instacart's market share to shrink from 70% to 50% by

27. It's losing ground to DoorDash and Uber. However, Instacart will likely keep the title of market leader.

Meanwhile, research company e-marketer predicts Instacart will grow by 13% annually over the next few years.

Instacart boasts nearly 8 million users in the U.S., giving them access to most grocery stores.

The online grocery delivery service receives a cut of shoppers' orders. Growth opportunities remain, including expansion beyond the U.S.

in Canada and adding new products. Instacart is building a network effect. Its service will become more valuable as more

retailers, shoppers, and advertisers use it. Morningstar values Instacart shares at $33 and views the stock

as undervalued. Lulu Lemon's third quarter sales and earnings beat its forecast and morning stars expectations.

The athletic apparel company reported 19% sales growth, e-commerce, and in-store sales improved.

The company said the industry rolled out big sales early in the holiday shopping season, and it may take

the unusual step and spend money on traditional advertising. Lulu Lemon appears on track to finish

the year strong despite concerns about slowing consumer spending. The company recently

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