Podcast appearances and mentions of chris mayer

Shawn O'Malley and Daniel Mahnke break down Comfort Systems (ticker: FIX), a specialty contracting company providing installation and maintenance services for the electrical, HVAC, and plumbing needs of schools, hospitals, apartment buildings, restaurants, data centers, manufacturing facilities, and a range of other customers. Comfort Systems is something of a serial acquirer, snapping up regional contracting companies at attractive prices and plugging them into a broader holding company structure, where management at the top can handle capital allocation across each of the subsidiaries. In this episode, you'll learn how Comfort Systems has scaled across the country and diversified its operations, how the business has used the serial acquirer playbook to compound its intrinsic value for shareholders, why the company is benefiting from major tailwinds related to AI and manufacturing onshoring in the U.S., plus so much more! Prefer to watch? Click here to watch this episode on YouTube. IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro 09:59 - Why Comfort Systems has benefited from a manufacturing boom in the U.S. 10:54 - How Comfort Systems is tied to the AI boom 14:40 - What the company looks for in acquisition targets 20:32 - How Comfort Systems increases its intrinsic value by supporting its subsidiary contracting businesses 35:28 - Why mechanical contracting is such a localized business 40:45 - Whether Comfort Systems can continue to compound returns going forward 1:00:13 - How to calculate returns on incremental invested capital and why it matters for shareholders 1:02:41 - What is Comfort Systems' intrinsic value per share 1:06:44 - Whether Shawn & Daniel add FIX to The Intrinsic Value Portfolio And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out the Yahoo Finance Article on FIX. Fix's latest 10K filing. CEO Brian Lane's 2022 interview on the Compounders Podcast. John Huber on calculating returns on incremental capital. Chris Mayer's book: 100 Baggers. Check out our previous Intrinsic Value breakdowns: Nintendo, Airbnb, AutoZone, Alphabet, Ulta, John Deere, and Madison Square Garden Sports. Check out the books mentioned in the podcast here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try Shawn's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: CFI Education Airbnb Connect with Shawn: Twitter | LinkedIn | Email Connect with Daniel: Twitter | LinkedIn | Email HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Today's podcast is a discussion between Matt Cochrane and I about 100 Baggers: Stocks That Return 100-to-1 and How To Find Them, by Chris Mayer.A 100 bagger is a stock that increases by 100-1. In other words, $10,000 turns into $1,000,000. Breaking it down mathematically, a 14% return achieves a 100 bagger in 35 years. A 20% return does it in 25. 26% does it in 20 years.Chris Mayer did a study of many stocks that did return 100-1 and evaluated the characteristics of those companies. There is a common DNA among all of them profiled in the book, which Matt & I discuss & analyze.Links100 Baggers: https://www.amazon.com/100-Baggers-Stocks-100-1/dp/1621291650/DisclaimerNothing on this substack is investment advice.The information in this article is for information and discussion purposes only. It does not constitute a recommendation to purchase or sell any financial instruments or other products. Investment decisions should not be made with this article and one should take into account the investment objectives or financial situation of any particular person or institution.Investors should obtain advice based on their own individual circumstances from their own tax, financial, legal, and other advisers about the risks and merits of any transaction before making an investment decision, and only make such decisions on the basis of the investor's own objectives, experience, and resources.The information contained in this article is based on generally-available information and, although obtained from sources believed to be reliable, its accuracy and completeness cannot be assured, and such information may be incomplete or condensed.Investments in financial instruments or other products carry significant risk, including the possible total loss of the principal amount invested. This article and its author do not purport to identify all the risks or material considerations that may be associated with entering into any transaction. This author accepts no liability for any loss (whether direct, indirect, or consequential) that may arise from any use of the information contained in or derived from this website. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.securityanalysis.org/subscribe

On this week's Stansberry Investor Hour, Dan and Corey welcome Chris Mayer back to the show. Chris is co-founder and portfolio manager of Woodlock House Family Capital – a firm that focuses on long-term, patient investing. He has also written several books, including 100 Baggers: Stocks That Return 100-to-1 and How to Find Them. Chris kicks things off by breaking down his "CODE" acronym that he uses for picking stocks – cheap, owner operator, disclosures, and excellent financial condition. He lists Brown & Brown as an example of one such company that checks all four boxes. And he shares a trucking company he likes because of its lower-than-average turnover rate. This leads to a conversation about the importance of management having skin in the game and why investors should mostly leave their portfolios alone. Chris then uses Monster Beverage as a case study for identifying a good company. (1:47) Next, Chris talks about investor psychology. He says that it's difficult to hold stocks through large drawdowns and through periods of boredom, but that's how you can make a lot of money in the long term. Doing nothing is often the best thing you can do for your portfolio. Chris also covers how philosophy has influenced his investing style, the hidden opportunity in Swedish stocks, two specific Swedish companies that he likes today, and why you should always stick to your core principles – even if it means missing some winners along the way. (20:02) Finally, Chris explains that staying true to your investment principles is hardest (yet also most crucial) when times get tough. It all comes down to knowing yourself, your risk tolerance, and what you're most comfortable investing in. Chris shares the names of two spun-off companies he's excited about today, as he expects a big surge in free cash flow for both. He clarifies that these are for holding long term rather than trying to make a quick buck. And Chris finishes with a discussion about why the recent tariff drama doesn't really matter. (39:26)

On this week's Stansberry Investor Hour, Dan and Corey welcome Chris Mayer back to the show. Chris is co-founder and portfolio manager of Woodlock House Family Capital – a firm that focuses on long-term, patient investing. He has also written several books, including 100 Baggers: Stocks That Return 100-to-1 and How to Find Them. Chris kicks things off by breaking down his "CODE" acronym that he uses for picking stocks – cheap, owner operator, disclosures, and excellent financial condition. He lists Brown & Brown as an example of one such company that checks all four boxes. And he shares a trucking company he likes because of its lower-than-average turnover rate. This leads to a conversation about the importance of management having skin in the game and why investors should mostly leave their portfolios alone. Chris then uses Monster Beverage as a case study for identifying a good company. (1:47) Next, Chris talks about investor psychology. He says that it's difficult to hold stocks through large drawdowns and through periods of boredom, but that's how you can make a lot of money in the long term. Doing nothing is often the best thing you can do for your portfolio. Chris also covers how philosophy has influenced his investing style, the hidden opportunity in Swedish stocks, two specific Swedish companies that he likes today, and why you should always stick to your core principles – even if it means missing some winners along the way. (20:02) Finally, Chris explains that staying true to your investment principles is hardest (yet also most crucial) when times get tough. It all comes down to knowing yourself, your risk tolerance, and what you're most comfortable investing in. Chris shares the names of two spun-off companies he's excited about today, as he expects a big surge in free cash flow for both. He clarifies that these are for holding long term rather than trying to make a quick buck. And Chris finishes with a discussion about why the recent tariff drama doesn't really matter. (39:26)

FULL BONUS EPISODE: This is the Excess Returns Podcast episode -- please look up all their wonderful content, and listen to it here in case you missed it. It's with Chris Mayer, Matt Zeigler, and me. It's been one of the highlights of my recording year. Tune in and enjoy!In this episode of Excess Returns, Matt Zeigler is joined by special co-host Bogumil Baranowski to sit down with Chris Mayer. As the author of the acclaimed book 100 Baggers: Stocks That Return 100-to-1 and How to Find Them, former editor of influential newsletters, and co-founder of Woodlock House Family Capital, Chris brings a wealth of experience and a unique perspective to the table. In this conversation, we dive deep into the world of long-term investing, exploring timeless principles, the impact of AI on future opportunities, and the mindset required to identify and hold onto extraordinary businesses. Whether you're a seasoned investor or just starting out, this episode is packed with wisdom to help you navigate the markets with patience and purpose.Main Topics Covered:The potential for 100-bagger stocks in emerging industries like AI and how time reveals the winners.The "twin engines" of growth and multiples, and why great businesses often trade at high valuations.The merits and challenges of concentrated investing in a market dominated by giants like the "Mag Seven."Strategies for dealing with drawdowns and maintaining conviction in great companies through volatility.The importance of aligning investment strategies with the right type of capital, especially for family wealth.How experiences as a banker, newsletter editor, and board member shape a business-owner mindset.The role of boards in capital allocation and setting incentives that drive long-term value.Insights from general semantics as a tool for critical thinking and avoiding investment pitfalls.The power of journaling to track evolving thoughts and foster humility in investing.Why patience is the ultimate lesson for investors and how to tune out market noise.Podcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

A stormy week is behind us; here are some calm and wise words that you might appreciate this weekend.I distilled my 3 long podcast interviews with Chris Mayer (100-baggers) and 3 of his books into this 10-minute recap. Enjoy!If you want to read a letter I wrote to clients and friends of the firm, please send me a quick email [bogumil AT talkingbillions.co (not com)] with a few words about yourself, and I'll send it over. Thank you! FIND the full article covering the same idea on my Substack https://bogumilbaranowski.substack.com/ -- subscribe there for all content, not to miss anything.Also, it's super important! I'll be in Omaha in a few weeks, if you want to say hello, send me a quick email bogumil AT talkingbillions.co (not com) or if you just want to say hello, use the same email. Curious to hear from you! Podcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

In this episode of Excess Returns, Matt Zeigler is joined by special co-host Bogumil Baranowski to sit down with Chris Mayer. As the author of the acclaimed book 100 Baggers: Stocks That Return 100-to-1 and How to Find Them, former editor of influential newsletters, and co-founder of Woodlock House Family Capital, Chris brings a wealth of experience and a unique perspective to the table. In this conversation, we dive deep into the world of long-term investing, exploring timeless principles, the impact of AI on future opportunities, and the mindset required to identify and hold onto extraordinary businesses. Whether you're a seasoned investor or just starting out, this episode is packed with wisdom to help you navigate the markets with patience and purpose.Main Topics Covered:The potential for 100-bagger stocks in emerging industries like AI and how time reveals the winners.The "twin engines" of growth and multiples, and why great businesses often trade at high valuations.The merits and challenges of concentrated investing in a market dominated by giants like the "Mag Seven."Strategies for dealing with drawdowns and maintaining conviction in great companies through volatility.The importance of aligning investment strategies with the right type of capital, especially for family wealth.How experiences as a banker, newsletter editor, and board member shape a business-owner mindset.The role of boards in capital allocation and setting incentives that drive long-term value.Insights from general semantics as a tool for critical thinking and avoiding investment pitfalls.The power of journaling to track evolving thoughts and foster humility in investing.Why patience is the ultimate lesson for investors and how to tune out market noise.

In this episode of "Just Press Record" on Cultish Creative, host Matt Zeigler brings together two fascinating thinkers for an engaging conversation about curiosity, burnout, and creative processes.The episode features Chris Mayer, an investor, author of books like "How Do You Know" and "100 Baggers," and advocate of general semantics - a discipline focused on understanding the assumptions behind our abstractions. Joining him is Anne-Laure Le Cunff, founder of Ness Labs and author of "Tiny Experiments," who shares insights from her journey from Google burnout to creating a thriving learning community.Throughout their conversation, Chris and Anne-Laure explore how they navigate creative projects, from recognizing when an idea has critical mass to managing feedback while preserving one's vision. They discuss the value of journaling to track evolving thoughts, the power of learning in public, and how attractors naturally pull us toward certain ideas.Both guests share practical wisdom about battling burnout, harnessing curiosity as a habit, and finding the delicate balance between structure and serendipity in creative work. Whether you're interested in metacognition, creative processes, or personal knowledge management, this episode offers valuable insights on becoming "the scientist of your own life."

In today's episode, Kyle Grieve is joined by co-host Clay Finck to summarize key learnings from 2024. We chat about the importance of focus and avoiding confusing noise, data that shows how difficult individual stock picks are to succeed in, why you should welcome disconfirming evidence, the impermanence of seemingly impenetrable businesses, how to close feedback loops to ensure investments are on the right track, the importance of being trustworthy and reliable, and much more! IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 03:11 - Why investors need to focus on the things that matter and how to avoid spending time on noise. 09:19 - Why investors should be aware of the base rates of success of investing in individual stocks (hint, making money is a lot harder than you think). 25:42 - How you can utilize and search out disconfirming evidence to improve your thinking processes. 29:46 - The impermanence of business success and the importance of updating your thinking when new information becomes available. 33:00 - The three sources of investing returns that drive the performance of a stock. 42:53 - How to use punctuated equilibrium to be active at the correct times and inactive at the proper times. 50:52 - Critical lessons on how to close feedback loops for long-term investors. 1:00:29 - How to utilize the "cone of uncertainty" to signal conviction in great ideas. 1:02:49 - Why a great business can still have times of high uncertainty. 1:07:00 - The importance of being trustworthy and reliable. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Listen to Clay's interview with Chris Mayer here | YouTube Video. Listen to Clay's interview with Hendrick Bessimbinder here | YouTube Video. Listen to William Greens' interview with Bryan Lawrence here | YouTube Video. Listen to Clay's interview with Morgan Housel here | YouTube Video. Listen to Clay's interview with John Huber here | YouTube Video. Listen to Kyle's review of What I Learned About Investing From Darwin here | YouTube Video. Listen to Kyle's interview with Annie Duke here | YouTube Video. Listen to Kyle's review of the Nomad Partnership Letters here | YouTube Video. Listen to Stig's interview with Mohnish Pabrai here | YouTube Video. Follow Kyle on Twitter and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota 7-Eleven Connect Invest Bluehost The Bitcoin Way ReMarkable SimpleMining American Express Public Fundrise Toyota Onramp Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Präsentiert von Watt is los und Primal HarvestIn der heutigen Folge spreche ich mit Christopher Mayer vom Sanitäts- und Orthopädiehaus Schneider & Piecha in Offenbach am Main.Wir reden kurz über Chris' Begeisterung für den Triathlon und den Karneval, ehe wir dann vor allem auf das Zentrum für Bewegungsanalytik von Schneider und Piecha eingehen. Mit Hilfe dieses Zentrums unterstützt Schneider und Piecha Athletinnen und Athleten, u.a. Jonas Deichmann, Jonas Hoffmann oder Jana Uderstadt, dabei, Verletzungen vorzubeugen und bessere Leistungen zu erzielen.Viel Spaß beim Zuhören!Alex und ChrisUnsere Partner:Primal HarvestPrimal HarvestPrimal Harvest | Supplements (@primalharvest_de) • Instagram-Fotos und -VideosCODE: KLARTEXTTRIATHLON (Sichert euch 15% auf euren Einkauf)(Bezahlte Werbepartnerschaft)feels.likefeelslike.sportfeels.like | Recharging athletes. (@feelslike.sport) • Instagram-Fotos und -VideosCODE: KLARTEXT10(10% Preisvorteil)(Bezahlte Werbepartnerschaft)Spenden zur Unterstützung des Podcasts:Wie ihr euch vorstellen könnt, steckt hinter jeder Folge eine ganze Menge Arbeit, weswegen ich mich über Spenden auf redcircle oder über Paypal zur Unterstützung meiner Arbeit wirklich freuen würde. Vielen Dank für euren Support.Paypal an: eiaswim@web.deLoggen Sie sich bei PayPal einredcircle:https://app.redcircle.com/shows/baa4ab11-3bd2-4e04-97d6-dfce70f2c37b/donationsWenn euch unsere Arbeit gefällt, dann folgt uns auf Instagram und teilt diesen Podcast über Social Media! Danke!Klartext Triathlon (@klartexttriathlon) • Instagram-Fotos und -VideosAlex Feldhaus (@alex.fldhs) • Instagram-Fotos und -VideosSebi Neef (@sebi_neef) • Instagram-Fotos und -VideosInstagram Christopher MayerInstagram Schneider und PiechaInstagram Watt is los-PodcastSchaut doch gerne auch einmal auf unserer Website vorbei:Klartext Triathlon | my-siteSupport this podcast at — https://redcircle.com/400-watt-ftp-triathlonpodcast/exclusive-contentAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In today's episode, Shawn O'Malley (@Shawn_OMalley_) discusses the concept of hidden compounders, where some of the most boring businesses can make the best long-term investments. Compared to well-known compounders like Apple and Amazon, which have well-known track records in compounding returns for investors, there are loads of lesser-known companies with less obvious competitive advantages that operate in less exciting industries with equally impressive track records in recent years.  You'll learn what it means to be a hidden compounder, why many hidden compounders have invisible moats, what to look for in finding hidden compounders, what makes companies like Old Dominion and Teqnion so successful, why intangible assets can provide more enduring advantages than physical assets, why Peter Lynch loves boring businesses, plus so much more! Prefer to watch? Click here to watch this episode on YouTube. IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro 03:13 - What is a hidden compounder, and how to think about their invisible moats 03:43 - Why Peter Lynch loves boring businesses 06:44 - What signs to look for in identifying hidden compounders 31:36 - What the Lindy effect is, and how it relates to hidden compounders 32:27 - How Warren Buffett has set the standard for investing in boring, hidden compounders 37:48 - Why intangible competitive advantages can be the most enduring 40:17 - Morgan Stanley's conclusions on investing in compounders And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. We Study Billionaires episode 295 with Mohnish Pabrai | YouTube Video. Millennial Investing episode 373 on Monster Beverage | YouTube Video. Millennial Investing episode 379 on quality investing for the long-term | YouTube Video. Read One Up On Wall Street by Peter Lynch. Check out Invisible Moats blog post from Chris Mayer. Guy Spier's interview with Mohnish Pabrai on Hidden Moats. Check out Teqnion stock explained, YouTube interview for We Study Billionaires. Morgan Stanley's 2016 report on the value of equity “compounders”. Check out the books mentioned in the podcast here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Toyota Airbnb Fundrise Public Bluehost NetSuite Connect with Shawn: Twitter | LinkedIn | Email HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

It's Chris' third time on the show -- check out the earlier episodes, both are among the top ten all-time downloads. My guest today is Chris Mayer, he is a professional investor, best-selling author, expert on general semantics and more. He is a portfolio manager and co-founder of Woodlock House Family Capital, and the author of 100 bagger, How do you know, Dear Fellow Time Binder, World Right Side Up, and Invest Like a Dealmaker. It's his third time on the show — consider listening to the previous two episodes before or along with this. It's always such a joy to speak with Chris, and this episode is no different. Enjoy! Summary In this conversation, Chris Mayer discusses the nuances of investing, emphasizing the importance of clear communication with investors, the long-term perspective of family wealth, and the evolution of investment research. He highlights the significance of patience in compounding, the role of catalysts in stock performance, and the need to embrace uncertainty. Chris also contrasts dynamic and static value investing, explores the impact of passive investing on market dynamics, and reflects on how general semantics has influenced his investment thinking. In this conversation, Chris and Bogumil explore the themes of lifelong learning, the importance of humility in understanding knowledge, and the principles of investing that should be passed down to future generations. They discuss the mindset of an immortal investor, the impact of news on market perceptions, and the significance of quality over startup risks in investment strategies. The conversation also delves into cultivating patience in an impatient world, the nature of success and failure, and the subjective understanding of quality in business. Podcast Program – Disclosure Statement Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

On today's episode, Clay is joined by Professor Hendrik Bessembinder to discuss his renowned research on the performance of individual stocks. Professor Bessembinder is a finance professor at Arizona State University, and his research titled, ‘Do Stocks Outperform Treasury Bills?' has been referenced many times on the show. As a frequent speaker at conferences, financial markets, and universities around the world, Professor Bessembinder has more than 25 years of successful consulting experience, providing strategic advice and analysis for major firms, financial markets, and government agencies. IN THIS EPISODE YOU'LL LEARN: 01:58 - Why most stocks lose money in the long run. 10:26 - What level of asymmetry exists in the stock market. 12:47 - Why stocks continuously outperform treasury bills over long time periods. 15:02 - What the average drawdown for a high-performing stock is. 20:57 - The common characteristics of the biggest stock market winners. 34:28 - What it takes to be a stock picker in today's market. 45:17 - What the best-performing stocks are since 1925. 51:48 - Whether there is skewness in international stocks to the same degree as US stocks. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Hendrik's most well-known paper, Do Stocks Outperform Treasury Bills? Hendrik's research. Related Episode: Listen to TIP654: Investing Across the Lifecycle w/ Aswath Damodaran, or watch the video. Related Episode: Listen to TIP543: 100 Baggers: Stocks that Return 100-1 w/ Chris Mayer, or watch the video. Follow Clay on Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Daloopa Fundrise TastyTrade The Bitcoin Way Public Facet Onramp Fidelity SimpleMining Sound Advisory Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In this episode of GENTLEMAN SPECULATOR, I sit down with Clay Finck from 'We Study Billionaires' to discuss Chris Mayer's book '100 Baggers,' the quality investing ethos, and the friction stock analyst have with bitcoin. Clay shares his journey from being an actuary in Nebraska to going full time with The Investors Podcast Network. Highlights include specific companies like Copart and Constellation Software. Clay is one of the few guys I can have a conversation with about long-term investing, the value of high-quality businesses, and how Bitcoin breaks the mold.03:15 Clay's Journey to the Investors Podcast06:36 Avoiding Clickbait10:07 Midwest small town values and investing13:45 Chris Mayer's ‘100 Baggers'24:42 Constellation Software32:51 Bitcoin for stock pickersSubscribe to emails at https://www.gentlemanspeculator.com/ Andy Flattery is the Owner of Simple Wealth Planning, a Registered Investment Advisor. All opinions expressed by Andy and guests are solely their own opinions and do not reflect the opinions of Simple Wealth Planning. This podcast is for informational and entertainment purposes only and should not be relied upon as investment, tax, or legal advice. Clients of Simple Wealth Planning may maintain positions in bitcoin and the securities discussed in this podcast. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.gentlemanspeculator.com

In today's episode, Shawn O'Malley (@Shawn_OMalley_) breaks down different investors' approaches to finding the best of the best companies to own. It's a strategy known as Quality Investing, and it differs from value investing because quality investors are more focused on finding companies to own forever, as opposed to selling them if they rise above their current intrinsic value. You'll learn how definitions of quality vary, how quality investing is still rooted in value investing, what the patterns and building blocks of high-quality companies are, why pricing power is a great way to identify quality businesses, how Chuck Akre approaches quality investing, what Jim Collins' research on enduringly great companies reveals, and how Chris Mayer finds stocks with 100-to-1 returns—plus so much more! IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro 02:15 - How Quality Investing traces back to Ben Graham 03:10 - What quality investing is generally, and how it differ from other strategies 03:32 - What are the patterns and building blocks of quality businesses 07:51 - Why pricing power is so important to quality stocks 12:37 - How Chuck Akre's three-legged stool approach to quality investing works 22:12 - What Jim Collins' intensive study of enduringly great companies reveals for investors  29:57 - How Chris Mayer finds stocks that generate 100-to-1 returns 32:46 - How to define and determine whether a company has a winning corporate culture  41:55 - Why quality investing is really an art form And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Compounding Quality's Investing Philosophy. Three-Legged Stool Masterclass. Chris Mayer's blog Jim Collins' book, Built to Last. Thomas Peters' book, In Search of Excellence. Michael Porter's book, Competitive Advantage. Lawrence Cunningham's book, Quality Investing. Thomas Phelps' book, 100 to 1 in the Stock Market. Jim Collins' book, Good to Great. Chris Mayer's book, 100 Baggers. Long Equity's book, The Intelligent Quality Investor. Check out the books mentioned in the podcast here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Range Rover Public Toyota Airbnb Facet Found Fundrise NetSuite Connect with Shawn: Twitter | LinkedIn | Email HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today's episode, Clay and Kyle give an overview of their best quality stock idea for Q3 2024. This quarter, they discuss Old Dominion Freight Line. Over the past 20 years, Old Dominion has been one of the best performing stocks in the market. This seemingly boring best-in-class trucking company outperformed well-known companies like Amazon, Costco, and Microsoft. Tune into today's episode to hear Clay and Kyle's thoughts on Old Dominion's business and what the prospective returns might look like going forward. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:14 - What is important to know about Old Dominion's history going back to the Great Depression? 21:06 - An overview of Old Dominion's business model and competitive advantages. 21:06 - The development of the LTL trucking industry over the past 20 years. 41:53 - Why Old Dominion Freight Line has similar competitive advantages to Copart. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. The Direction of the Moat by Eagle Point Capital. Books mentioned: Helping the World Keep Promises, Junk to Gold, 7 Powers. Related Episode: Listen to TIP604: Best Quality Idea Q1 2024 w/ Clay Finck & Kyle Grieve, or watch the video. Related Episode: Listen to TIP627: Best Quality Idea Q2 2024 w/ Clay Finck & Kyle Grieve, or watch the video. Related Episode: Listen to TIP587: Dino Polska: A Polish Compounder w/ Clay Finck & Kyle Grieve, or watch the video. Episode Mentioned: TIP543: 100 Baggers w/ Chris Mayer. Follow Kyle on Twitter. Follow Clay on Twitter.  Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover Fundrise AT&T The Bitcoin Way USPS American Express Onramp SimpleMining Public Vacasa Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today's episode, Clay shares the most important lessons he's learned from Chris Mayer. Chris Mayer is the author of 100 Baggers and the co-founder and portfolio manager of Woodlock House Family Capital.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 05:02 - The potential dangers of cloning. 09:40 - What Clay learned from reading 100 Baggers by Chris Mayer. 26:39 - Common characteristics of 100 Baggers. 32:03 - Lessons from Chris's lesser-known book — How Do You Know? 49:39 - Chris's secret to success in long-term compounding. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Chris's books: 100 Baggers & How Do You Know. Thomas Phelp's book: 100 to 1 in the Stock Market. William Thorndike's book: The Outsiders. Related Episode: TIP543: 100 Baggers: Stocks that Increase 100:1 w/ Chris Mayer | YouTube Video. Related Episode: TIP569: An Investor's Guide to Clear Thinking w/ Chris Mayer | YouTube Video. Related Episode: TIP608: Long-Term Compounding w/ Chris Mayer | YouTube Video. Related Episode: MI310: A Serial Acquirer's Deep Dive w/ Chris Mayer | YouTube Video. Check out Mohnish's Q&A with YPO. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota The Bitcoin Way Sun Life AT&T Industrious Meyka Range Rover Yahoo! Finance Fundrise iFlex Stretch Studios Briggs & Riley Public USPS American Express Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Chris Mayer is the founder of Woodlock House Family Capital and the author of 100 Baggers: Stocks that Return 100-to-1 and How to Find Them. He has written several other books and formerly wrote an investing newsletter which led him to travel the world seeking investment ideas.  Studying the universe of 100 Baggers has led Chris to a clear set of investing principles which mean his universe of investible ideas is extremely limited and his fund owns just 11 stocks. Our discussion covers his respect for family owned businesses, his emphasis on corporate culture and his focus on the very long term. He even rejected an institutional investor as a client because they wanted monthly performance. Show notes

We talk to Hisense Australia's Chris Mayer who explains the new features of the 2024 range of TVs, Sony has united its new TVs and soundbars under the Bravia banner, we take a look at the new Kobo colour e-readers, Rode has launched new microphones and mounts, we check out the lunchbox that can heat itself up so you can enjoy a hot meal anywhere and we'll answer all your questions in the Tech Guide Help Desk. Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode, Clay chats with Chris Mayer about long-term compounding and a few of his holdings, including Constellation Software. Chris is well-known for his book, 100 Baggers, and has inspired thousands of readers to become better investors. If you're interested in investing in multi-baggers, then this episode is a must-listen. Chris is the author of 100 Baggers and the co-founder and portfolio manager of Woodlock House Family Capital.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 03:27 - A review of how Chris's fund performed in 2023. 06:37 - Where Chris focuses much of his attention in managing a fund. 12:39 - How Chris discovered Constellation Software. 18:02 - How the competitive landscape for Constellation Software has developed over the years. 24:58 - The potential drawbacks of Constellation Software's decentralized business model. 28:09 - Chris's thoughts on Constellation Software's ~60% increase in their share price over the past year. 28:53 - How Constellation 2.0 has developed in recent years. 33:04 - Why Constellation Software has started performing spinoffs. 39:42 - Whether Constellation will continue to do more spinoffs in the future or not. 37:05 - Why Chris decided to invest in the Constellation Software spinoffs in his fund (Topicus & Lumine). 39:32 - Why Topicus is targeting higher organic growth in their subsidiaries. 55:12 - Chris's thoughts on the valuation of Constellation Software, Topicus, and Lumine. 61:56 - How Chris would consider allocating fresh capital today in his fund. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Chris Mayer's books: 100 Baggers & How Do You Know? Resources mentioned: InPractise, Acquirers.com, & REQ Capital. Chris's fund & blog: Woodlock House Family Capital. Thomas Phelps' book: 100 to 1 in the Stock Market. Episode mentioned: TIP531: Mark Leonard: The Best Capital Allocator You've Never Heard Of | YouTube Video. Related Episode: TIP543: 100 Baggers w/ Chris Mayer | YouTube Video. Related Episode: TIP569: An Investor's Guide to Clear Thinking w/ Chris Mayer | YouTube Video. Related Episode: MI310: A Serial Acquirers Deep Dive w/ Chris Mayer | YouTube Video. Follow Chris on Twitter. Follow Clay on Twitter. Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com. Check out all the books mentioned and discussed in our podcast episodes here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Linkedin Marketing Solutions Fidelity Efani Shopify NDTCO Fundrise Wise NetSuite TurboTax Vacasa NerdWallet Babbel HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode, Patrick Donley sits down with Clay Finck, host of We Study Billionaires. They do a deep dive into what Clay has learned since becoming a host at TIP, what his biggest takeaways from his favorite interviews have been, who his favorite investors are, how he structures his own portfolio and handles volatility, why The Joys of Compounding is an important book to him, and much more! Clay is a value investor who has been inspired by Chris Mayer, Nick Sleep, and Charlie Munger. He is the host of We Study Billionaires and also helps run TIP's Mastermind community, an initiative he kickstarted in 2023. IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro. 02:00 - How Clay first got turned on to the world of value investing. 05:12 - What his first career steps were. 08:27 - What his thoughts are on index investing vs. active investing. 10:49 - How his transition from actuarial science to host of TIP went. 13:56 - What he's learned since starting as a host as TIP and how his life has changed. 21:38 - How he has used Twitter to share his ideas. 27:11 - What he learned from Morgan Housel's new book. 30:05 - Who he'd love to sit next to on a flight from Nebraska to New York to learn from. 47:05 - What his goal is as an investor. 50:19 - How the TIP Mastermind community has been going and what its benefits are. 58:33 - Why The Joys of Compounding is an important book for Clay. 64:52 - What's in Clay's portfolio and what some of his favorite holdings are. 69:48 - How he deals with volatility in his portfolio and what his typical holding period is. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Recommended book: Rich Dad Poor Dad by Robert Kiyosaki. Recommended book: The Compound Effect by Darren Hardy. Recommended book: Atomic Habits by James Clear. Recommended book: The Snowball by Alice Schroeder. Recommended book: The Simple Path to Wealth by JL Collins. Recommended book: Where the Money Is by Adam Seessel. Recommended book: Same as Ever by Morgan Housel. Recommended book: How Do You Know? by Chris Mayer. Recommended book: Dhando Investor by Mohnish Pabrai. Recommended book: Richer, Wiser, Happier by William Green. Recommended book: One Up On Wall Street by Peter Lynch. Recommended book: Zen and the Art of Motorcycle Maintenance by Robert Pirsig. Recommended book: The Joys of Compounding by Gautam Baid. Check out TIP587: Dino Polska: A Polish Compounder | YouTube video. Check out TIP604: Best Quality Idea Q1 2024—Evolution AB | YouTube video. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Linkedin Marketing Solutions Fundrise Airbnb TurboTax HelloFresh NetSuite NerdWallet  Connect with Patrick: Twitter Connect with Clay: Website | Twitter  Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode, Clay is joined by Jonathan Boyar. They discuss his firm's most recent release of The Forgotten Forty, which outlines their 40 best stock ideas for 2024. Jonathan Boyar is president of Boyar's Intrinsic Value Research, an independent equity research boutique established in 1975 that counts some of the world's largest sovereign wealth funds, hedge funds, mutual funds, and family offices as subscribers. He is also a principal of Boyar Asset Management, which has been managing money utilizing a value-oriented strategy since 1983.  IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro. 02:45 - How a company makes the list of the Forgotten Forty. 09:52 - Potential catalysts Jonathan looks for in his investments. 14:30 - Why Uber remained on the Forgotten Forty list after being the list's top performer in 2023. 21:58 - Jonathan's thoughts on the underperformance of small-cap stocks since 2015. 28:04 - An overview of Interactive Brokers stock. 39:22 - Why Bill Ackman has taken a massive stake in Howard Hughes. 50:26 - Why Jonathan likes Madison Square Garden Sports Corporation. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com. Boyar Research's Forgotten Forty. Boyar Research's Substack. Books mentioned: 100 Baggers by Chris Mayer. Related Episode: TIP518: The Buy List for 2023 w/ Eddy Elfenbein | YouTube video. Check out all the books mentioned and discussed in our podcast episodes here. Follow Jonathan on Twitter. Follow Clay on Twitter. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota NetSuite Salesforce Glengoyne Whisky BiOptimizers – Nootopia Wise Percent Shopify Fidelity Fundrise Vacasa TurboTax HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode, Patrick Donley (@JPatrickDonley) sits down with Kyle Grieve to talk about his transformation into a value investor. They dive into his early investing mistakes, the biggest lessons from his guests on Millennial Investing, how he mitigates risk and what his research process is like, what both fatherhood and jiu jitsui have taught him about investing, and much, much more! Kyle is a value investor, author, and manager of his family portfolio. While Kyle took up stock investing his main job was working as a smart home integrator and network specialist. Now, Kyle is living his dream of learning how to invest and helping to educate other investors who are a few years behind him experience-wise as co-host of both Millennial Investing and We Study Billionaires. He is also an integral part of the TIP Mastermind Community. Kyle is passionate about helping others improve their financial sophistication and helping people take their wealth into their own hands.  IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 02:33 - What Kyle's journey to value investing looked like. 04:18 - What his early investing mistakes were. 04:35 - The 3 books that made the biggest impact on his investment philosophy. 06:29 - Who Kyle would love to sit down next to on a long flight.  11:34 - What it has been like for him joining The Investor's Podcast Network team as a host. 13:46 - What Kyle's writing process is like. 15:42 - Understanding what a “spawner” is. 17:57 - What his biggest lessons from his favorite guests have been. 28:46 - What the benefits are of being part of the TIP Mastermind community. 37:21 - What metrics Chris Mayer looks at to determine future 100-baggers. 35:22 - What the advantages of investing internationally are. 39:30 - How Kyle mitigates risk and much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Poor Charlie's Almanack by Peter Kaufman. Invested by Phil and Danielle Town. The Most Important Thing by Howard Marks. The Intelligent Investor by Benjamin Graham. One Up on Wall Street by Peter Lynch. Li Lu video at Columbia University. Mohnish Pabrai on Coca Cola. Joys of Compounding by Gautam Baid. What I Learned About Investing from Darwin by Pulak Prasad. Great Mental Models by Shane Parrish. Margin of Trust by Lawrence Cunningham. MI305: Exploring the DNA of Quality Businesses w/ Lawrence Cunningham | YouTube video. MI310: A Serial Acquirer's Deep Dive w/ Chris Mayer | YouTube video.  MI307: Unpacking the Money Mind w/ Robert Hagstrom | YouTube video. TIP531: The Best Capital Allocator You've Never Heard Of | YouTube video. Check out Kyle's episode TIP587: Dino Polska | YouTube video. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: NetSuite Fundrise TurboTax HelloFresh Connect with Patrick: (@JPatrickDonley): Twitter Connect with Kyle: Twitter | LinkedIn | Website Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode, Clay shares a tribute to Charlie Munger since we just crossed what would have been his 100th birthday on January 1st, 2024.  Charlie Munger was vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett. Buffett described Munger as his closest partner and right-hand man. At the time of his death, Munger had an estimated net worth of $2.6 billion.  Charlie has had an enormous impact on the value-investing community, and this episode is dedicated to him to honor his contributions to the community and his worldly wisdom. IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro. 02:11 - The importance of simplicity in investing and life. 03:17 - The three foundational principles to how Buffett and Munger invest. 08:27 - Why Charlie focused on minimizing standard stupidities to win in life. 14:37 - Munger's lessons on living a meaningful and fulfilling life. 20:02 - How Munger used his setbacks in life as opportunities to learn and grow as an individual. 23:43 - Munger's thoughts on the shortcomings of GAAP accounting. 26:23 - The tremendous importance of incentives. 33:26 - How Charlie helped Warren Buffett become a better investor. 42:48 - An overview of Charlie's investment in Costco and his admiration for the business. 52:12 - The top investment lessons from studying Charlie Munger. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Check out What I Learned About Investing From Darwin. Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com. William Green's podcast interview with Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis. | Youtube Video.  Related Episode - TIP494: The Worldly Wisdom of Charlie Munger | YouTube Video.  Related Episode - TIP571: Charlie Munger & The Psychology of Human Misjudgment. | YouTube Video.  Related Episode - TIP492: The Best Investor You've Never Heard Of (Nick Sleep) | YouTube Video.  Related Episode - TIP569: An Investor's Guide to Clear Thinking w/ Chris Mayer. | YouTube Video.  Follow Clay on Twitter. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Glengoyne Whisky NetSuite Shopify Toyota Babbel Salesforce Fundrise Fidelity Vacasa HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's show, Stig Brodersen talks with co-host Clay Finck. They outline how and why you should invest in high-quality businesses. IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 01:43 - How to identify the best businesses 06:00 - Why you need to focus on barriers of entry when assessing a stock 06:44 - Why competition is for losers 18:28 - When management is important and not important in high-quality investing 23:07 - How you want the management to be compensated 24:41 - Why insider ownership is not only important but even more so how it was acquired.   57:13 - Why you should invest in stocks with two engines  1:03:01 - What is the Berkshire Summit, and how do you attend?  Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Our episode with Christian Billinger about quality investing | YouTube Video. Our episode on The Outsiders about the best CEOs | YouTube Video. Our episode about Dino Polska. A compounder with high insider ownership | YouTube Video. Chris Mayer's book, 100-baggers - read reviews of this book. Lawrence Cunningham's book, Quality Investing - read reviews of this book. Robert Pirsig's book, Zen and the Art of Motorcycle Maintenance - read reviews of this book. Check out all the books mentioned and discussed in our podcast episodes here. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Efani Salesforce Toyota Vanta Babbel Shopify Notion AI NetSuite Noble Gold Investments Ka'Chava HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is sponsored by Vodafone Business. V-Hub advisers are here to help you achieve your business goals. With specialisms across a range of digital skills, our advisers are ready to assist you with free support and guidance, so your business can thrive in the digital world.Check it out: https://r.vodafone.ie/v-hub-AdvisoryDive into 2023's most insightful conversations on investing and personal finance with the "Stock Club" podcast's special year-end episode. Relive the top highlights featuring industry experts like Michael Lucas, James Early, Derek Riley, and acclaimed author Brian Ferroldi as they do a deep dive into what stocks carried 2023 and the stocks that took the biggest hits. We also revisit exclusive insights from Grant Sabatier, Chris Mayer, and Bill Mann, uncovering their investment strategies and tips for market success. This compilation is a must-listen for every investor, offering a comprehensive look at the year's most impactful discussions. Don't miss the lessons and strategies that shaped 2023!Introducing Nexus, the upcoming addition to the MyWallSt Product Suite. Sign up now to be the first to learn about our groundbreaking AI-powered stock picking service. We've harnessed state-of-the-art AI, advanced segmentation, and the expertise of seasoned investors to identify game-changing investment opportunities worldwide.Sign Up Now

With 2023 coming to a close, our host Clayton Collins and our podcast producers looked back at our most impactful and popular episodes of the year to bring you a very special, knowledge-packed recap episode. Today, we feature seven of our most popular guests from 2023 and spotlight their most insightful commentary. These guests include: Jay Bray, CEO of Mr. Cooper Group, Lee Smith, President of Mortgage at Flagstar Bank, Dave Lykken, Founder and President of Transformational Mortgage Solutions, Marina Walsh, VP of Industry Analysis at the Mortgage Bankers Association, Chris Mayer, CEO of Longbridge Financial, Brian Hale, CEO of Mortgage Advisory Partners, and — finally — Jay Promisco, the Chief Production Officer at Sierra Pacific Mortgage. Here's a glimpse of what you'll learn:  Industry learnings on servicing and origination tactics Leadership and corporate strategy Housing market data and intelligence  Related to this episode: Jay Bray: The Path to Building a $1 trillion Mortgage Servicing Rights Business Building a $124 billion bank and mortgage powerhouse with Lee Smith  Mortgage Banking: A game of 6-inches with David Lykken MBA's Marina Walsh on mortgage origination profitability and forecasts Chris Mayer: Housing policy, securitization and building the nation's largest wholesale reverse mortgage lender Mortgage Advisory Partners CEO Brian Hale talks M&A, executive mindset and 2024 Building cohesive teams in intense environments with Jay Promisco HousingWire on YouTube Enjoy the episode! The Housing News podcast explores the most critical topics in mortgage, real estate and fintech. A new mortgage or real estate executive joins the show each week to add perspective to the top stories crossing HousingWire's news desk. Hosted by Clayton Collins and produced by the HW Media team.

Kyle Grieve chats with Chris Mayer about the special qualities of serial acquirers that make them compelling investments, tricks on how to value serial acquirers, the importance of decentralization for successful serial acquirers, the proper dynamics to look for between an acquirer and the acquired, the proper uses of leverage to use in mergers and acquisitions, characteristics to look for in scaling serial acquirers, the proper manage traits to look for in highly successful serial acquirers, and a whole lot more! IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 04:05 - Successful acquisition strategies. 41:56 - What to look for in scaling serial acquirers. 10:16 - The general aspects of great serial acquirers. 16:05 - Key differentiators between exceptional serial acquirers. 07:05 - Chris's favorite debt ratios to examine for acquisitive businesses. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Read Chris's blog here. Buy a copy of 100 Baggers: Stocks That Return 100-to-1 and How to Find Them here. Buy a copy of Deals from Hell: M&A Lessons that Rise Above the Ashes here. Related Episode: Listen to TIP569: An Investor's Guide To Clear Thinking w/ Chris Mayer, or watch the video. Related Episode: Listen to TIP543: 100 Baggers: Stocks That Return 100-1 w/ Chris Mayer, or watch the video. Related Episode: Listen to MI276: Finding 100 Bagger Stocks w/ Chris Mayer, or watch the video. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. Check out all the books mentioned and discussed in our podcasts here. SPONSORS Support our free podcast by supporting our sponsors: Airbnb NetSuite Masterclass Babbel Shopify Connect with Kyle: Twitter | LinkedIn | Website Connect with Chris: Twitter | Website

Chris Mayer, Professor of Real Estate Economics at Columbia University and CEO of Longbridge Financial, joins Mark, Marisa, and Cris to discuss reverse mortgages and the state of the residential real estate market. While the single-family market may tread water, multifamily may be in for a serious correction. Mark wonders if we can avoid the fallout from this economic meteor. For more about Christopher Mayer, click hereFollow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Introducing Nexus, the upcoming addition to the MyWallSt Product Suite. Sign up now to be the first to learn about our groundbreaking AI-powered stock picking service, set to launch this November. We've harnessed state-of-the-art AI, advanced segmentation, and the expertise of seasoned investors to identify game-changing investment opportunities worldwide.Sign Up Now

Clay Finck is joined by Shree Viswanathan to discuss his concentrated, patient, and global approach to investing. They touch on many of the key aspects to successful long-term investing as well as one of Shree's portfolio holdings, Dino Polska, which reminds him of Walmart in their early days.Shree Viswanathan is the founder and portfolio manager of SVN Capital.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro.02:17 - The story of his father earning 40x on an investment despite never garnering an interest in the subject. 08:54 - Spiritual and life lessons that Shree has learned over the years.14:52 - The most important aspects to understand investing internationally.20:52 - What makes India an attractive hunting ground for long-term investors.33:10 - Why we should remain fully invested in uncertain times.38:57- How investors can minimize the impact of ego hurting their performance.41:30 - The benefits Shree has seen from a daily meditation practice.46:31 - What led him to run a concentrated portfolio of only 9 holdings.53:16 - Why Dino Polska out of Poland reminds Shree of Walmart in their early days.56:43 - How Shree thinks about inflation and currency risk investing internationally.01:11:10 - How Shree thinks about the valuation of Dino Polska.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out our newly released TIP Mastermind Community.Shree's fund: SVN Capital.Compensation by Ralph Waldo Emerson.Wealth by Ralph Waldo Emerson.The Money Game by Adam Smith.A Search in Secret India by Andrew Brunton.The Sketchbook of Wisdom by Vishal Khandelwal.Related episode: Listen to WSB569: An Investor's Guide to Clear Thinking w/ Chris Mayer or watch the video.Related episode: Listen to WSB543: 100 Baggers: Stocks That Return 100-1 w/ Chris Mayer or watch the video.Follow Shree on Twitter.Follow Clay on Twitter.NEW TO THE SHOW?Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.Help us understand our audience better so we can create a more intentional user experience by answering this survey!SPONSORSInvest in Bitcoin with confidence. Get $5 in Bitcoin when you invest $100 with River.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Send, spend, and receive money around the world easily with Wise.Get the benefits of portfolio diversification AND optimize your retirement strategy by minimizing your tax burden with funds from tax-advantaged retirement accounts. Start investing in alts with Alto today.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Beat FOMO and move faster than the market with AlphaSense.Make investing in precious metals easy with Noble Gold Investments. Receive a FREE 5-ounce solid silver America The Beautiful bullion coin with any qualifying precious metals IRA.Invest in some of the top private, pre-IPO companies in the world with Fundrise.Earn more where your business spends the most with American Express Business Gold Card! Enjoy 4x Membership Rewards points, Up to $395 in annual statement credits on eligible business purchases, flexible spending capacity, and access to 24/7 support!Feed your body the nutrients it craves with Ka'Chava, an all-in-one, plant-based superblend made up of superfoods, greens, plant proteins, antioxidants, adaptogens, and probiotics! Get 10% off on your first order today!Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Choose Toyota for your next vehicle – SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

One of my favorite books in the value investing niche is 100 Baggers by Chris Mayer, a title that is also worth reading for CEOs, CFOs, and all other business managers.During this conversation, Chris explains how small acorn businesses become large and strong oak trees. Other topics we hit include:the coffee can portfoliothe reluctant sellerowner-operatorsJohn Kelly's formulaSQGLP - a power framework for finding 100 BaggersYou can learn and read more about Chris Mayer on his blog.

Clay Finck is joined by Shane Parrish to discuss his new book, Clear Thinking – Turning Ordinary Moments into Extraordinary Results. Many people fall prey to making decisions based on our instincts and our gut feelings. Shane's book gives you the tools to recognize those moments that reshape how you navigate the critical space between stimulus and response.Shane Parrish is the founder of the highly-esteemed blog Farnam Street and also the host of The Knowledge Project Podcast, where he focuses on mastering the best of what other people have already figured out. His work has been featured in nearly every major publication, including The New York Times, The Wall Street Journal, and Forbes.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro.03:09 - How Shane differentiates between high-quality and low-quality information.10:30 - What the enemies of clear thinking are.12:36 - Why we should prioritize the outcome over our ego.15:32 - Preventative measures we can use to combat the enemies of clear thinking.23:16 - Why we can't rely on willpower to achieve the outcomes we desire.23:54 - How successful people outposition others in order to outperform others.28:38 - How we can optimize our environment to achieve better outcomes.31:54 - Frameworks related to differentiating our outcomes from our underlying decision-making processes.36:13 - How Shane thinks about determining what really matters in life.40:48 - Why happiness needs to be thought of as derived internally rather than derived from something external.46:08 - What the important things in life are to Shane.48:25 - How Shane remains grounded in what's most important.56:03 - Why Shane started a holding company that buys wonderful businesses.57:05 - What led Shane to invest alongside Howard Marks and Bill Ackman when joining Tiny's board.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out our TIP Mastermind Community.Shane's book Clear Thinking.Shane's website.Related Episode: WSB569: An Investor's Guide to Clear Thinking w/ Chris Mayer or watch the video here.Follow Clay on Twitter.Follow Shane on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.Help us understand our audience better so we can create a more intentional user experience by answering this survey!P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSInvest in Bitcoin with confidence. Get $5 in Bitcoin when you invest $100 with River.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Beat FOMO and move faster than the market with AlphaSense.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Make investing in precious metals easy with Noble Gold Investments. Receive a FREE 5-ounce solid silver America The Beautiful bullion coin with any qualifying precious metals IRA.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Feed your body the nutrients it craves with Ka'Chava, an all-in-one, plant-based superblend made up of superfoods, greens, plant proteins, antioxidants, adaptogens, and probiotics! Get 10% off on your first order today!Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Deze aflevering borduurt voort op de vorige waar Kris ook te gast was. Nu is het tijd om de praktische diepte in te gaan: Pim en Kris bediscussiëren de potentiële multibagger in het heden. Kris doet een boekje open over zijn eigen portfolio. Hoe ga je ermee om in je portfolio, als je denkt dat je er een te pakken hebt? Plus, mooie boekentips in petto voor eenieder die meer wil weten over het herkennen van multibaggers.► Uitgebreide show notes en achtergrondinformatie: https://jongbeleggendepodcast.nl/151-multibaggersverhalen-met-kris-heyndrikx ► Word Vriend: https://portfoliodividendtracker.com ► Updates via Instagram: https://www.instagram.com/jongbeleggen ► Mijn volledige portfolio: https://beta.portfoliodividendtracker.com/p/jongbeleggen 1) We maken gebruik van programmatic advertising, wat inhoudt dat we geen invloed hebben op de spots die in de podcast worden afgespeeld. Dit is vergelijkbaar met tv, YouTube, radio en de krant, uiteraard met uitzondering van de advertenties die we zelf hebben ingesproken.2) Deze podcast is 100% expertise-vrij en alleen geschikt voor amusementsdoeleinden. De inhoud mag niet worden beschouwd als financieel advies.Zie het privacybeleid op https://art19.com/privacy en de privacyverklaring van Californië op https://art19.com/privacy#do-not-sell-my-info.

Kyle Grieve chats with Dede Eyesan about the importance of diversifying geographical investment knowledge for discovering new opportunities and achieving multibagger returns, while also highlighting the role of margin expansion in micro and nanocap stocks. Dede further explores strategies for identifying multibaggers in turnaround and cyclical sectors, underscores the value of understanding the Indian markets, revealing the untapped potential of seemingly mundane multibagger stocks, and much, much more!Dede Eyesan is the Chief Investment Officer of Jenga Investment Partners (IP). Jenga IP is a fund specializing in allocating capital to public and private companies in any country in the entire world. They own businesses in countries such as Poland, China, Mexico, U.S., Australia, Sweden, Kazakhstan, and France.IN THIS EPISODE, YOU'LL LEARN:00:0 - Intro.06:19 - Why searching for margin expansion is integral in finding multibaggers.12:06 - The importance of expanding your geographical circle of competence.35:55 - The magical effects of micro and nanocaps on 10-baggers.49:24 - How to find multibaggers in turnarounds and cyclicals.56:53 - Why Indian markets are worth understanding.60:16 - The prevalence of “boring” multibaggers.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESJenga Investment Partners Global Outperformers.Alta Fox Capital The Makings Of A Multibagger.Chris Mayer's 100-Baggers.Thomas Phelps 100-To-1 In The Stock Market.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Invest in the same paintings available to billionaires, at a more accessible price point with Masterworks.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Shape and flex your home loans how you want with Athena. Join the thousands of Aussies taking control of their mortgage today.Your home might be worth more than you think. Earn extra money today with Airbnb.Learn from the world's best minds - anytime, anywhere, and at your own pace with Masterclass. Get 15% off an annual membership today.Support our free podcast by supporting our sponsors.Connect with Kyle: Twitter | WebsiteConnect with Dede: LinkedIn | Website | TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Geïnspireerd door het boek ‘100-Baggers' van Chris Mayer staat deze aflevering de multibagger centraal. Hoe vind je zo'n aandeel, dat meer dan 100 procent rendement oplevert? En wat zijn de karakteristieken? Te gast is Kris, overgekomen uit België, die online veel over het onderwerp publiceert. We hebben het over kwaliteitsbedrijven, stevige en langdurige groei, en: hoe belangrijk is een goede waardering nu écht?► Uitgebreide show notes en achtergrondinformatie: https://jongbeleggendepodcast.nl/150-multibaggers-met-kris-heyndrikx ► Word Vriend: https://portfoliodividendtracker.com ► Updates via Instagram: https://www.instagram.com/jongbeleggen ► Mijn volledige portfolio: https://beta.portfoliodividendtracker.com/p/jongbeleggen 1) We maken gebruik van programmatic advertising, wat inhoudt dat we geen invloed hebben op de spots die in de podcast worden afgespeeld. Dit is vergelijkbaar met tv, YouTube, radio en de krant, uiteraard met uitzondering van de advertenties die we zelf hebben ingesproken.2) Deze podcast is 100% expertise-vrij en alleen geschikt voor amusementsdoeleinden. De inhoud mag niet worden beschouwd als financieel advies.Zie het privacybeleid op https://art19.com/privacy en de privacyverklaring van Californië op https://art19.com/privacy#do-not-sell-my-info.

On today's episode, HW Media CEO Clayton Collins sits down with Chris Mayer, CEO of the fastest-growing major reverse mortgage lender, Longbridge Financial. Chris is also a professor of finance at Columbia Business School, has held positions at the Federal Reserve and has spent his career publishing his writing on housing and mortgages in top academic journals.Today, he and Clayton talk about his experience working in the Federal Reserve and how he is interpreting some of the Fed's messaging regarding our current market. They also talked about building a reverse mortgage lender and his thesis behind why Chris started Longbridge — and whether that thesis still holds true today.Related to this episode:Connect with Chris on LinkedIn Christopher Mayer, PhD - Longbridge Financial, LLC 2022 HW Vanguard: Christopher MayerProfessor Puts Ideas in Practice as Reverse-Mortgage CEO - BloombergHousingWire AnnualHousingWire on YouTubeEnjoy the episode!HousingWire Annual is where the community from across the housing ecosystem comes together to share strategies, drive business, discover new technologies, discuss best practices and meet industry leaders. Our agenda is power-packed with content to propel your company to the next level and connect you with industry playmakers. Click here to learn more!The Housing News podcast explores the most important topics happening in mortgage, real estate and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire's news desk. Hosted by Clayton Collins and produced by the HW Media team.

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig outlines why he put Constellation Software on his watchlist and is waiting to buy the dip. Hari's pick, Brookfield Corporation, is one of the world's largest alternative investment management companies with over $725B of assets under management. Tobias pitches Winnebago, a value stock coming off the strong demand from COVID.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro01:33 - Why Hari is bullish on Brookfield Corporation (BN)07:56 - Why Hari is not bullish on Brookfield Asset Management (BAM)22:37 - Why Stig is bullish on Constellation Software (TSE: CSU)37:13 - Two different methods to value Constellation Software59:39 - Why Tobias is bullish on Winnebago Industries (WGO)1:11:52 - How can you pitch your stock to the TIP Mastermind Community 1:47:02 - How to meet up with TIP in NYC in OctoberDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoin the waiting list for the TIP Mastermind Community. Listen to Mastermind Discussion Q2 2023 - TIP557 or watch the video.Listen to Mastermind Discussion Q1 2023 - TIP528 or watch the video.Listen to Mastermind Discussion Q1 2022 - TIP418 or watch the video.Listen to Mastermind Discussion Q2 2022 - TIP450 or watch the video. Listen to Mastermind Discussion Q3 2022 - TIP475 or watch the video.Listen to Mastermind Discussion Q4 2022 - TIP496 or watch the video.Tune in to Stig Brodersen's interview with Mohnish Pabrai about the Turkish stock market or watch the video.Tune in to Clay Finck's interview with Chris Mayer about Constellation Software and 100-baggers or watch the video.Our FREE stock analysis resource, Intrinsic Value Index.Tobias Carlisle's podcast, The Acquires Podcast.Tobias Carlisle's ETF, ZIG.Tobias Carlisle's ETF, Deep.Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this bookTobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com.Tweet directly to Tobias Carlisle. Hari's Blog: BitsBusiness.comTweet directly to Hari Ramachandra.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today! SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Invest in some of the top private, pre-IPO companies in the world with Fundrise.Take ownership of your Bitcoin with Foundation. Attain self-custody with Passport hardware wallet.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Invest in the same paintings available to billionaires, at a more accessible price point with Masterworks.Send, spend, and receive money around the world easily with Wise.Make investing in Short Term Rentals aka Air-BNBs simple, passive, and profitable with Techvestor. Listeners of We Study Billionaires get better terms by just mentioning "We Study Billionaires!" Sign up and book your call with their Investor Relations Team to get started today.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Beat FOMO and move faster than the market with AlphaSense.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Clay Finck is joined by Jacob McDonough to discuss Berkshire's 1962 beginnings, Warren Buffett's turnaround, and its rise to a $800B valuation by 2023.Jacob McDonough is the author of the book Capital Allocation, which covers the financials of Berkshire Hathaway from 1955 through 1985, and he's the host of the 10-K podcast, where he dives into the annual reports of various companies from decades ago, such as Geico and GM.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro.02:02 - Why purchasing Berkshire Hathaway's stock was one of Buffett's worst investment decisions.05:51 - How cheap Berkshire's stock was when Buffett purchased it.10:26 - The initial steps Buffett took to turn Berkshire's business around.13:12 - Why Buffett's emphasis on cutting costs was so critical to Berkshire's early success in the mid-1960s.17:37 - The pivotal moment in 1967 that changed everything for Berkshire Hathaway.20:06 - How National Indemnity's valuation compared to the textile business.27:27 - How insurance float helped supercharge Berkshire's growth.30:46 - The advantages Berkshire gained by getting into the insurance industry.34:39 - What got Buffett and Munger into purchasing shares in Blue Chip Stamps.39:40 - Buffett's unconventional use of debt in expanding operations.41:49 - What fueled the 1970s expansion phase.54:05 - What led Geico's stock to drop 96% in the 1970s.62:30 - How Warren Buffett and Charlie Munger met.65:11 - The financials and story of one of Berkshire's best investments ever - See's Candy.72:32- How Jacob thinks about different return metrics when analyzing a company.75:26 - Jacob's biggest takeaways from studying the history of Berkshire Hathaway.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out our newly released TIP Mastermind Community.Check out our recent episode : TIP569: An Investor's Guide to Clear Thinking w/ Chris Mayer or watch the video here.Jacob's book Capital Allocation.Jacob's podcast The 10-K Podcast.Follow Jacob on Twitter.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Invest in some of the top private, pre-IPO companies in the world with Fundrise.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Beat FOMO and move faster than the market with AlphaSense.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Send, spend, and receive money around the world easily with Wise.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Invest in the same paintings available to billionaires, at a more accessible price point with Masterworks.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Return to the all-access world of the rich and powerful. Don't miss new episodes of Billions streaming now on Paramount Plus with Showtime plan.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Braden sits down with Chris Mayer of Woodlock House Family Capital and author of 100 Baggers to discuss long term investing, characteristics of great businesses, volatility, growth KPIs and serial acquirers. Symbols of stocks discussed: CSU.TO, CPRT, LIFCO, V, MA, WSP.TO, LMN.TO, TOI.TO, NFLX Chris' Website: https://www.woodlockhousefamilycapital.com/blog Check out our portfolio by going to Jointci.com Our Website Canadian Investor Podcast Network Twitter: @cdn_investing Simon's twitter: @Fiat_Iceberg Braden's twitter: @BradoCapital Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor  Spotify - The Canadian Real Estate Investor  Sign up to Stratosphere for free

On today's show, we bring back oil expert Josh Young to give an update on the oil market. This discussion touches on Buffett's updated oil positions, why OPEC is encouraging others to invest more in oil production, the impact of the China reopening on global oil demand, and more.Josh is the Chief Investment Officer and Founder of Bison Interests, which focuses on investing strictly in oil and gas equities.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro.01:53 - The highlights of the oil and gas market in 2023.04:08 - How Buffett has shifted his investments in oil.11:00 - Why OPEC is sounding the alarm bells on a shortage of oil.16:13 - The impact of the China reopening on oil demand.23:03 - Josh's thoughts on the USA dumping their SPR reserve while China is building their reserves.29:14 - How a rollover in shale production may impact oil prices.33:13 - How heavily the supermajors are reinvesting back into new production.38:09 - Josh's view on alternative energy sources.43:47 - Josh's approach to market timing in the oil market.52:59 - What the price of oil may indicate for current economic conditions.53:34 - How oil stocks have performed since 2022.65:42 - Josh's view on how his bullish oil thesis may be wrong.69:02 - How higher interest rates are impacting the oil industry.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out our newly released TIP Mastermind Community.Bison Interest's research.Check out our recent episode : TIP569: An Investor's Guide to Clear Thinking w/ Chris Mayer or watch the video here.Follow Josh on Twitter.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Choose Toyota for your next vehicle – SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Take ownership of your Bitcoin with Foundation. Attain self-custody with Passport hardware wallet.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Send, spend, and receive money around the world easily with Wise.Make investing in Short Term Rentals aka Air-BNBs simple, passive, and profitable with Techvestor. Listeners of We Study Billionaires get better terms by just mentioning “We Study Billionaires!” Sign up and book your call with their Investor Relations Team to get started today.Return to the all-access world of the rich and powerful. Don't miss new episodes of Billions streaming now on Paramount Plus with Showtime plan.Beat FOMO and move faster than the market with AlphaSense.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Invest in some of the top private, pre-IPO companies in the world with Fundrise.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Clay Finck reviews the 28 psychology of human misjudgments in Peter Bevelin's book, Seeking Wisdom. One of the best ways to behave more rationally is to understanding our own shortcomings biologically which we are oftentimes unaware of. This episode dives deep into these shortcomings, and how we can sidestep them to invest more wisely.IN THIS EPISODE YOU'LL LEARN:0:00 - Intro4:11 - Many of the human misjudgments that Charlie Munger has spoken about extensively.4:34 - What bias by mere association is.8:41 - How rewards and punishments influence our behavior.14:51- How self-interest and incentives drive decision-making.24:40 - The bias of self-deception and denial.26:00 - The bias of being consistent with our prior actions.30:11 - The status quo bias.31:42 - How investors can exploit the tendency of humans to be incredibly impatient.36:58 - The anchoring bias.43:51 - What reciprocity is, and it's effects on human behavior.48:29 - The bias of social proof.51:01 - How authority bias effects our investment decisions.51:53 - How to combat our desire minimize uncertainty.55:07 - Why the simple solution is oftentimes the best solution. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out our TIP Mastermind Community.Peter Bevelin's book: Seeking WisdomTune into our previous episode with Gautam Baid or watch the video here.Tune into our previous episode covering Chris Mayer's book, How Do You Know? or watch the video here.Check out our recent episode covering Mark Leonard's Letters and Constellation Software or watch the video here.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.If you're aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Send, spend, and receive money around the world easily with Wise.Beat FOMO and move faster than the market with AlphaSense.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Return to the all-access world of the rich and powerful. Don't miss new episodes of Billions streaming August 11th on the Paramount Plus with Showtime plan.Look good and feel good with True Classic's range of summer essentials, crafted with premium quality fabrics at an accessible price. Get 25% off today with the code WSB.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Back by popular demand, Clay Finck brings back Chris Mayer to chat about his book, How Do You Know – A Guide to Clear Thinking About Wall Street, Investing, and Life. This book is one that really made us think as it is not your conventional investing book and questions much of traditional thinking in the world of finance. If you're interested in becoming a better thinker as an investor, then this episode is a must-listen.Chris is the author of 100 Baggers and How Do You Know?, and the co-founder and portfolio manager of Woodlock House Family Capital.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro.02:13 - How being a learning machine has impacted Chris as an investor.07:30 - Chris' goal as a long-term investor in public equities.09:59 - What general semantics is, and how it relates to investing.10:42 - Finance terms that investors use that muddy the waters of how people think about stocks.13:10 - How either/or thinking doesn't align with how the real world typically operates.14:31 - Why can we do without broad terms as investors such as: “GDP,” “the economy,” “value investors,” “growth investors,” etc.20:17 - Why we shouldn't always take labels and names at face value.22:20 - What companies Chris owns are in what many would call “unattractive industries.”24:21 - Chris' opinion on what drives long-term shareholder returns.27:24 - What Sosnoff's Law is.30:17 - How meeting management teams play into Chris' investment process.33:17 - Why Chris believes that “This Time is Always Different” and that reversion to the mean is a flawed concept.42:58 - How Chris thinks about judging what numbers actually mean rather than judging the numbers themselves.44:06 - Why we shouldn't take accounting earnings at face value.47:50 - Why Chris encourages investors to develop a “delayed reaction.”50:29 - How Chris developed the ability to not take himself too seriously.55:08 - Chris' book recommendations.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out our newly released TIP Mastermind Community.Chris Mayer's book: How Do You Know?Chris Mayer's book: 100 Baggers.Rick Rubin's book, The Creative Act.Richard Rorty's book, Philosophy as Poetry.Chris's fund & blog: Woodlock House Family Capital.Thomas Phelps' book: 100 to 1 in the Stock Market.Follow Chris on Twitter.Follow Clay on Twitter.Check out our recent episode covering TIP568: Current Market Conditions, Alternative Assets, & AI w/ David Stein or watch the video here.Check out TIP531: Mark Leonard: The Best Capital Allocator You've Never Heard of or watch the video here.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Take ownership of your Bitcoin with Foundation. Attain self-custody with Passport hardware wallet.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Send, spend, and receive money around the world easily with Wise.Make investing in Short Term Rentals aka Air-BNBs simple, passive, and profitable with Techvestor. Listeners of We Study Billionaires get better terms by just mentioning “We Study Billionaires!” Sign up and book your call with their Investor Relations Team to get started today.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Get your super sorted. Save money by consolidating multiple accounts, check out your investment options to see which is right for you, and see how extra contributions can make a big difference over time.Return to the all-access world of the rich and powerful. Don't miss new episodes of Billions streaming August 11th on the Paramount Plus with Showtime plan.Choose Toyota for your next vehicle – SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Beat FOMO and move faster than the market with AlphaSense.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Get farm-fresh, pre-portioned ingredients and seasonal recipes delivered right to your doorstep with America's #1 meal kit, HelloFresh! Use code wsb50 for 50% off plus free shipping.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Look good and feel good with True Classic‘s range of summer essentials, crafted with premium quality fabrics at an accessible price. Get 25% off today with the code WSB.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Robert Leonard chats with Chris Mayer about finding 100 bagger stocks – what to look for, how to find them, what metrics to analyze, how to think about valuation, the company's management team, and much more.Chris is the Portfolio Manager and co-founder of Woodlock House Family Capital, and author of the book 100 Baggers. IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro01:34 - What Chris learned after studying 365 stocks that became 100 baggers in the past.03:45 - What were the common characteristics of these 100 bagger stocks? 06:42 - How early did investors have to get into these stocks to 100x their returns? 08:24 - What was the average market cap of the companies that went on to become 100 baggers? 36:30 - An example of one of Chris's stock picks he thinks will become a future 100 bagger.42:42 - The importance of business quality over current valuation and what metrics to look at. 50:44 - Potential traps investors can fall into when trying to find 100 baggers. 55:38 - When Chris would consider selling one of his stocks. 59:09 - Chris's investment process to find future 100- baggers today. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out: Woodlock House Family Capital. Check out Chris Mayer's Book: 100 Baggers: Stocks that Return 100-to-1 and How to Find Them.Check out TIP's article: 100 Bagger Stocks: What They Are and How to Find Them.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Learn from the world's best minds - anytime, anywhere, and at your own pace with Masterclass. Get 15% off an annual membership today.Have the visibility and control you need to make better decisions faster with NetSuite's cloud financial system. Plus, take advantage of their unprecedented financing offer today - defer payments of a full NetSuite implementation. That's no payment and no interest for six months!Protect and optimize your wealth with Money Pickle - whether you're seeking advice on retirement planning, optimizing your 401k, navigating inheritances, or any other financial matter.Your home might be worth more than you think. Earn extra money today with Airbnb.Support our free podcast by supporting our sponsors.Connect with Robert: TwitterEmail: robert@theinvestorspodcast.comConnect with Chris: Website | Twitter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig only owns five individual stocks, and in this episode, he outlines why he added Teqnion as the newest addition to his portfolio. Hari's pick, Palantir, has recently traded at a 52-week high after a preceding 80% drop, and Tobias pitches Virtu Financial, a value stock with strong cash flows in uncertain times. IN THIS EPISODE YOU'LL LEARN:00:00 - Intro01:35 - The group's takeaways from the Berkshire Hathaway shareholder's meeting06:00 - Why Hari is bullish on Palantir (Ticker: PLTR)24:46 - Why Toby is bull on Virtual Financial (Ticker: VIRT) as a trade but not as a “buy-and-hold.” 41:37 - Why Stig has invested in Teqnion (Ticker: TEQ) as one of the five stocks he owns58:21 - Which questions to ask management if you get the opportunity01:17:07 - What the TIP Mastermind Community is and our plans to meet up in NYC in OctoberDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoin the waiting list for the TIP Mastermind Community. Stig Brodersen's interview with Daniel Zhang, the Chief Acquisition Officer of TeqnionDaniel Zhang's book, An investment thinking toolbox – read reviews of the book.Listen to Mastermind Discussion Q1 2023 - TIP528 or watch the video.Listen to Mastermind Discussion Q1 2022 - TIP418 or watch the video.Listen to Mastermind Discussion Q2 2022 - TIP450 or watch the video. Listen to Mastermind Discussion Q3 2022 - TIP475 or watch the video.Listen to Mastermind Discussion Q4 2022 - TIP496 or watch the video.Tune in to Stig Brodersen's interview with Mohnish Pabrai about the Turkish stock market or watch the video.Tune in to Clay Finck's interview with Chris Mayer about Constellation Software and 100-baggers or watch the video.Teqnion's investor relationsOur FREE stock analysis resource, Intrinsic Value Index.Subscribe to our FREE Intrinsic Value Assessments.Tobias Carlisle's podcast, The Acquires Podcast.Tobias Carlisle's ETF, ZIG.Tobias Carlisle's ETF, Deep.Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this bookTobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com.Tweet directly to Tobias Carlisle. Hari's Blog: BitsBusiness.comTweet directly to Hari Ramachandra.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today! SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Join over 5k investors in the data security revolution with Atakama.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.Enjoy flexibility and support with free cancellation, payment options, and 24/7 service when booking travel experiences with Viator. Download the Viator app NOW and use code VIATOR10 for 10% off your first booking.Send, spend, and receive money around the world easily with Wise.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode, Clay Finck does analysis on two high-quality compounders – Topicus.com and Copart. Topicus.com is a spin off of Constellation Software and is at a size similar to what CSI was back in 2010. They provide vertical market software and vertical market platforms in Europe. Copart provides online auctions and vehicle remarketing services in the United States, Canada, and many other countries.Both companies have strong competitive advantages, strong fundamentals, high insider ownership, and managers who think and act like owners, which led Clay to researching them further during this episode.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro.02:05 - Clay's biggest takeaways from reading 100 Baggers by Chris Mayer.07:00 - Chuck Akre's 3 legged stool approach to compounding wealth.09:00 - Clay's assessment of Topicus as an individual stock.08:00 - Topicus's history as a business.10:00 - Why Topicus operating in Europe is potentially a big competitive advantage.29:00 - Why Copart is well-positioned to prevent competition from taking their market share.47:00 - Copart's insider ownership.54:00 - Potential risks for Topicus and Copart.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESLuxor Capital's Presentation.Willis Johnson's book Junk to Gold.Check out our newly released TIP Mastermind Community.Check out our recent episode covering Mark Leonard's Letters and Constellation Software or watch the video.Check out Clay's YouTube video calculating the intrinsic value of Constellation Software here.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSHave peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.Join over 5k investors in the data security revolution with Atakama.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.If you're into marketing podcasts that walk through how successful entrepreneurs, politicians, and influencers have convinced and persuaded people, then you should give Nudge, hosted by Phil Agnew, a listen!Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!Invest your retirement savings in what YOU know and are passionate about with a Self-Directed IRA with New Direction Trust Company.Unravel the fascinating story of Elon Musk's unexpected bid to buy Twitter, and all of the drama that has happened since then with Flipping The Bird: Elon vs. Twitter.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode, Clay sits down with Chris Mayer to discuss the lessons from his book - 100 Baggers. Chris is the author of 100 Baggers, and the portfolio manager of Woodlock House Family Capital. Chris's book was published in 2018, and has quickly become a favorite within the investing community. The book very clearly explains the ingredients needed for a stock to compound and grow to 100 Bagger status, which we discuss during this episode.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro04:16 - The primary characteristics of companies that reached 100 Bagger status.07:08 - How Chris views valuation when purchasing high-quality companies.09:51 - How Chris assesses the durability of a moat.18:15 - Why stocks are one of the best long-term protections against calamity and chaos.44:27 - Why Chris prefers to own companies with management teams that own substantial portions of the company's stock.35:13 - Why Chris chose to concentrate his fund into only 10 holdings.37:04 - Chris's assessment of Constellation Software and why it's one of his favorite holdings.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESTune into our previous episode covering The Joys of Compounding or watch the video.Check out our recent episode covering Mark Leonard's Letters and Constellation Software or watch the video.Chris's fund: Woodlock House Family Capital.Chris Mayer's book: 100 Baggers.Thomas Phelps' book: 100 to 1 in the Stock Market.Barton Biggs' book: War, Wealth & Wisdom.Follow Chris on Twitter.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSHave peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.If you're aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Get the professional support you need to prepare for your future career with UBC Sauder School of Business.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Get yourself a Blockstream Jade -- An all-in-one, bitcoin-only hardware wallet that makes protecting your bitcoin so easy. Use the coupon code Fundamentals to get 10% off.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Have Commonwealth Private's Private Bankers take the time to understand your goals and tailor solutions that create less for you to do and more for you to enjoy.Send, spend, and receive money around the world easily with Wise.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode, Clay Finck does a deep dive into Constellation Software (Ticker: $CSU). Constellation Software is a Canadian holding company that has acquired over 600 vertical market software businesses. The company was founded by Mark Leonard, and has delivered exceptional returns to shareholders since their IPO in 2006. The stock has had an average annual return of over 34% from 2006 through the end of 2022. If you are like Clay and enjoy learning about high-quality businesses, then you won't want to miss this episode.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro03:01 - What makes Constellation such a high-quality business.08:32 - The similarities between Mark Leonard and Warren Buffett.09:57 - What Constellation's business model is.19:32 - How Constellation garnered a reputation that founders are more than willing to sell to.21:39 - Clay's takeaways from reading Mark Leonard's shareholder letters.42:21 - How Clay views the valuation of Constellation Software today.44:10 - Why Clay took a position in Constellation Software to hold for the long-term.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESMark Leonard's Letters.Chris Mayer's blog post on Constellation Software.The 10th Man Blog.Don't miss our review of Joel Tillinghast's book - Big Money Thinks Small. Watch the video here.Check out Clay's episode covering legendary British Investor Terry Smith. Watch the video here.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSTalk to your clients about Desjardins Responsible Investment today and support what's right for society and what's good for business.Take stock of your finances and investing strategy with Betterment.Get an overall better student loan experience with College Ave. Plus, get a chance to win a $1,000 college scholarship. No purchase is required.Set, track, and manage your financial goals as your life evolves with Scotia Smart Investor.Let an expert do your taxes from start to finish so you can relax with TurboTax.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode, Clay Finck reviews Joel Tillinghast's book, Big Money Thinks Small, and does analysis on two companies built around acquisitions - Brown and Brown Insurance and Constellation Software.Joel is an incredible long-term investor as he has consistently outperformed the market and currently manages around $70 billion at Fidelity. Peter Lynch, who hired Joel at Fidelity, has described Joel as “one of the greatest, most successful stock pickers of all time.”IN THIS EPISODE YOU'LL LEARN:00:00 - Intro06:04 - Why some level of speculation is required in every investment.08:07 - What speculations are acceptable in Joel Tillinghast's conservative investment approach.10:34 - What you need to understand about a company prior to investing.13:02 - Why Tillinghast avoids investing in gold.20:20 - Why investing in countries with the fastest GDP growth rate isn't a wise investment strategy.29:52 - Clay's insights into two acquisition-focused companies - Brown and Brown Insurance and Constellation Software.37:27 - Why Constellation Software may be worth further investigation for stock pickers interested in high quality businesses.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoel Tillinghast's book Big Money Thinks Small.Newsletter: The Risks in Owning Chinese Equities.Listen to Trey's Interview with Josh Young Covering Oil, or watch the video.Chris Mayer's blog post on Constellation Software.Check out Clay's episode covering legendary British Investor Terry Smith. Watch the video here.Don't miss our review of Four Wide Moat Stocks for 2023.Watch the video here.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSTalk to your clients about Desjardins Responsible Investment today and support what's right for society and what's good for business.Take stock of your finances and investing strategy with Betterment.Get an overall better student loan experience with College Ave. Plus, get a chance to win a $1,000 college scholarship. No purchase is required.Set, track, and manage your financial goals as your life evolves with Scotia Smart Investor.Let an expert do your taxes from start to finish so you can relax with TurboTax.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Todays Flashback Friday is from episode 376 published last April 24, 2014. Chris Mayer is the Managing Editor of Agora Financial and Editor of the Capital and Crisis publication.  Mayer breaks down the unemployment numbers for us and whether it is actually getting better.  He then discusses the benefits of traveling around the world to get an investment story. Given the instability in the emerging markets, Mayer assesses whether this is the beginning of the next global financial storm.  Chris has prepared a SPECIAL video for our listeners. He shares SEVEN incredibly safe stocks that you should buy now. Chris believes these stocks will multiply your wealth 20 times over. Visit www.GrowYourWealth.info to find out what these companies are.      Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com