The Wheel. A big idea that's inspired countless new ones. From the more strong carriage.

To a rover on Mars.

30 years ago, State Street launched the Spider S&P 500 ETF Spy. A big idea that inspired the

world to invest differently. And still less, what can you do with Spy? Before investing,

consider the funds' investment objectives, risks, charges, and expenses. Visit SSGA.com

for a perspective containing this and other information. Read it carefully before investing.

Spy is subject to risks similar to those of stocks. All ETFs are subject to risk including

possible loss of principle, Alps Distributors and Distributors.

You're not going to be able to buy a great company unless there's some level of controversy.

You can buy a bad company at a cheap price. But to buy a really good company or a quality

company when you peel the onion back, they're probably needed to be some level of controversy

or mispricing. And so that's what we're looking for.

Hello and welcome to the Baron Streetwise podcast. I'm Jack Howe and the voice you just heard is Richard

Tatt. He co-manages the Columbia Select Large Camp Value Fund. And he'll talk to us in a

moment about how to identify good stock market values and why you should target companies that

look different from what other investors are buying. We'll also say a few words about stocks

that everyone is buying through the S&P 500 funds at the seven most heavily weighted companies.

Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla. We've heard that stock market

gains have been driven by these companies this year. People have talked about the possibility

that these companies have become elevated in valuation while the rest of the market looks attractive.

We're going to look one by one and try to figure out which ones might deserve their elevated prices.

Listening in is our audio producer Meta. Hi, Meta. Hey, Jack. We're going to hear about two stock

...