u/k_ristovski

Base44’s ARR surged from $10M to $160M in one year; management repurchased 1/3 of the company, signaling strong conviction. The market may be mispricing Wix as a legacy web builder while ignoring the hidden value of Base44 and operating profit potential. If the author’s estimates hold and AI disruption is overblown, Wix offers a deep-value turnaround with a margin of safety. AI-driven low-code/no-code competition (vibe coding), poor user experience driving churn, unprofitable status, and macro headwinds hurting SMB spending.

Intuit’s share price has fallen over 50% YTD, yet the author estimates fair value at $387 — a ~30% upside from $276. The market is mispricing Intuit due to fear of disruption, but the author argues its tax and financial software moat is durable and enhanced by agentic AI. Buying Intuit at current levels offers a margin of safety with a clear catalyst as sentiment recovers and AI adoption materializes. Regulatory changes in tax filing, faster disruption from competitors (e.g., AI-native startups), or macro slowdown affecting small business spending.