POPULARITY
34 episodes with Roic
8 episodes with Roic
4 episodes with Roic
4 episodes with Roic
3 episodes with Roic
3 episodes with Roic
3 episodes with Roic
3 episodes with Roic
2 episodes with Roic
This is Part 4 of Steve Coughran's book Building Margin. Steve shows contractors how to reclaim financial margin by focusing on free cash flow over paper profit—calculating gross margin and break-even revenue, using the four profit levers (pricing, COGS, overhead, volume), and tracking simple efficiency metrics (LTGP:CAC, ROL, ROIC) to stop leaks and price with confidence.LinkedIn | YouTube coltivar.com
This is Part 7 of Steve Coughran's book Building Margin. Steve reframes growth as a margin-first, systems-led discipline—not a volume push. He shows how to set a safe growth ceiling with ROIC, say no to low-value work, install simple systems to scale, and keep growth aligned with purpose so the business gets stronger, not just bigger.LinkedIn | YouTube coltivar.com
This is Part 8 of Steve Coughran's book Building Margin. Steve shows how to turn data into decisions—closing the visibility gap, shifting from lagging to leading indicators, and building a culture where estimating, field, and finance interpret the same KPIs. The focus: track free cash flow first, use a tight KPI set, and run “insight sprints” so action protects margin.LinkedIn | YouTube coltivar.com
This is Part 3 of Steve Coughran's book Cash Flow. Steve reveals what truly creates value in a business: generating more cash flow than the cost of your investments. He explains return on invested capital (ROIC), why growth without strong returns destroys value, and how to measure whether your business is actually creating or burning cash.LinkedIn | YouTube coltivar.com
This is Part 9 of Steve Coughran's book Cash Flow. Steve introduces the fifth lever of cash flow: capital. He explains why EBITDA isn't cash flow, how invested capital and ROIC reveal whether a business is creating or destroying value, and the hidden cash traps in receivables, inventory, and CapEx that often strangle growth.LinkedIn | YouTube coltivar.com
This is Part 11 of Steve Coughran's book Cash Flow. Steve covers the seventh lever of cash flow: strategy. He explains why profit is just the result of a good strategy, how ROIC is the scoreboard that proves whether your strategy is working, and the two main paths to long-term competitive advantage: differentiation or cost leadership.LinkedIn | YouTube coltivar.com
My guest on the show today is Iggy, better known as Iggy on Investing, a deep value investor and blogger. In this episode, Iggy shares how the COVID-19 lockdown gave him the time to dive into investing, turning inspiration from Buffett and Graham into a disciplined deep value strategy focused on small, illiquid companies trading at substantial discounts to book value. We discuss his “Young Buffett”–style approach—seeking firms at 0.3× to 0.5× book with strong ROIC and catalysts, especially in overlooked European markets—as well as the role his blog plays in clarifying his thinking, building conviction, and holding through long, boring periods. Iggy also walks us through hard-learned lessons—from the importance of staying within your circle of competence and scrutinizing corporate governance, to navigating shareholder activism via a “stag hunt” scenario. And he shares how he's building investor community in Europe, including hosting his 2nd Annual Benelux Investor Event on Saturday, September 27. For more information about Iggy on Investing and to attend his upcoming event, please visit: https://iggyoninvesting.substack.com/ You can follow Iggy on Investing on Twitter/X: https://x.com/iggyoninvesting Planet MicroCap Podcast is on YouTube! All archived episodes and each new episode will be posted on the Planet MicroCap YouTube channel. I've provided the link in the description if you'd like to subscribe. You'll also get the chance to watch all our Video Interviews with management teams, educational panels from the conference, as well as expert commentary from some familiar guests on the podcast. Subscribe here: http://bit.ly/1Q5Yfym Click here to rate and review the Planet MicroCap Podcast The Planet MicroCap Podcast is brought to you by SNN Incorporated, The Official MicroCap News Source, and the Planet MicroCap Review Magazine, the leading magazine in the MicroCap market. You can Follow the Planet MicroCap Podcast on Twitter @BobbyKKraft
This is Part 4 of Steve Coughran's book Building Margin. In this section, Steve shows contractors how to reclaim financial margin by focusing on free cash flow over paper profit—calculating gross margin and break-even revenue, using the four profit levers (pricing, COGS, overhead, volume), and tracking simple efficiency metrics (LTGP:CAC, ROL, ROIC) to stop leaks and price with confidence.Win a free custom KPI Dashboard for your business. Apply now before the September 10th drawing: coltivar.com/kpisLinkedIn | YouTube coltivar.com
This is Part 7 of Steve Coughran's book Building Margin. Steve reframes growth as a margin-first, systems-led discipline—not a volume push. He shows how to set a safe growth ceiling with ROIC, say no to low-value work, install simple systems to scale, and keep growth aligned with purpose so the business gets stronger, not just bigger.Win a free custom KPI Dashboard for your business. Apply now before the September 10th drawing: coltivar.com/kpisLinkedIn | YouTube coltivar.com
This is Part 8 of Steve Coughran's book Building Margin. Steve shows how to turn data into decisions—closing the visibility gap, shifting from lagging to leading indicators, and building a culture where estimating, field, and finance interpret the same KPIs. The focus: track free cash flow first, use a tight KPI set, and run “insight sprints” so action protects margin.Win a free custom KPI Dashboard for your business. Apply now before the September 10th drawing: coltivar.com/kpisLinkedIn | YouTube coltivar.com
This is Part 11 of Steve Coughran's book Cash Flow. In this section, Steve covers the seventh lever of cash flow: strategy. He explains why profit is just the result of a good strategy, how ROIC is the scoreboard that proves whether your strategy is working, and the two main paths to long-term competitive advantage: differentiation or cost leadership.LinkedIn | YouTube coltivar.com/byfiq
This is Part 9 of Steve Coughran's book Cash Flow. In this section, Steve introduces the fifth lever of cash flow: capital. He explains why EBITDA isn't cash flow, how invested capital and ROIC reveal whether a business is creating or destroying value, and the hidden cash traps in receivables, inventory, and CapEx that often strangle growth.LinkedIn | YouTube coltivar.com/byfiq
This is Part 3 of Steve Coughran's book Cash Flow. In this section, Steve reveals what truly creates value in a business: generating more cash flow than the cost of your investments. He explains return on invested capital (ROIC), why growth without strong returns destroys value, and how to measure whether your business is actually creating or burning cash.LinkedIn | YouTube coltivar.com/byfiq
Want to grow your business? Download your free roadmap today: coltivar.com/growth Most business owners say they have a strategy. But is it actually creating value? Or is it just a poster on the wall? In this episode, Steve breaks down the 3 types of companies when it comes to strategy—and how most end up stuck in the middle, grinding hard without getting ahead. You'll learn how to test whether your strategy is really working using one critical metric. Plus, he shares the one simple question to ask your team today that will instantly reveal if your strategy is clear, or just noise. If you want to grow your business and increase profit, this is the clarity you've been missing. Disclaimer: The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information. LinkedIn | YouTube coltivar.com
I det här avsnittet får vi stifta bekantskap med Mattias Eriksson som är förvaltare och aktiechef på PAM Capital. Mattias har över 25 års branscherfarenhet som bl.a. analytiker, strateg och förvaltare. Han har tidigare skrivit boken "Köp billigt - sälj dyrt: hur du blir miljonär på aktier och nu lanserat sin andra bok med titeln "Köp rätt aktier - en guide för att hitta framgångsrika bolag och värdera dem". I avsnittet berättar han om boken samtidigt som vi får vi lära oss mer om kvalitetsbolag och konkreta faktorer som han tycker hör kvalitetsbolag till. För hur gör man egentligen för att identifiera och värdera bolag på börsen?Vi får lära oss mer om framgångsnycklarna kultur, tillväxt och genomförande. Dessutom blir vi påminda om hur viktigt det är för ett bolag att vara innovativt och jobba flitigt med produktutveckling - för att sälja mer och höja sin lönsamhet. Sist men inte minst får vi lära oss om vilka nyckeltal och multiplar som är viktigast, där tillväxt och RoIC utmärker sig.Jag har skrivit en blurb till boken med följande formulering:En oumbärlig guide för dig som vill bemästra konsten att analysera bolag och aktier på djupet. Med över två decenniers erfarenhet delar Mattias Eriksson med sig av konkreta verktyg och verklighetsbaserade exempel som hjälper dig fatta mer genomtänkta investeringsbeslut. Nicklas Andersson, sparekonom på MontroseTrevlig lyssning,Nicklas Hosted on Acast. See acast.com/privacy for more information.
Elevator Pitches, Company Presentations & Financial Results from Publicly Listed European Companies
Mutares SE Deep Dive: Key Takeaways
#btcnews #radl3 #drogaraia #drogasil #roic #ações #capitaldegiro #competition #turnaround #businessgrowth #businessmodel #strategy #merge #acquisitions Conheça a BTC e saiba mais sobre nossos cursos.Inscrições abertas para as turmas de 2025!• General Business Program: https://bit.ly/btccast-gbp• Strategy & Finance Fast Track: https://bit.ly/btccast-sfp• Excel + Business Program: https://bit.ly/btccast-ebp• Pricing Strategy Program: https://bit.ly/btccast-psp-----Painel semanal de notícias de negócios e empresas, comentadas e analisadas pela Business Training Company!Participe do grupo exclusivo BTC e acesse cupons de desconto especiais para nossos cursos, além de vagas e oportunidades nas áreas mais desejadas:https://bit.ly/GrupoExclusivoBTCSe você gostou, INSCREVA-SE em nossa Newsletter para receber nosso conteúdo gratuito:https://bit.ly/btccastnews----------------------------------------------------Siga a Business Training Company nas redes sociais!Facebook: https://bit.ly/face-btcInstagram: https://bit.ly/insta-btcLinkedIn: https://bit.ly/linkedin-btc----------------------------------------------------Confira nosso site: https://bit.ly/SiteBTC
Every financial executive should either have the book Valuation or have it on their physical or digital bookshelf in their antilibrary.CFO Bookshelf is thrilled and honored to have the lead author of all eight editions of this foundational book on valuation, which is used in many financial curricula around the nation on college campuses.In this conversation, we hit on ROIC, growth, economic profit, long-term thinking, and the best way to read this book.
(0:00) Bestie intros! Gavin Baker, Ben Shapiro, and Phil Deutch join the show (7:32) GPT-5 underwhelms, benchmark saturation, OpenAI's product excellence (18:14) AI's TAM, ROIC, and energy implications (27:27) China's major advantage and how the US can counter it (43:46) Political parties picking winners, energy subsidy reversal, how the bureaucratic branch was created and how to fix it (52:38) Socialism, OBBB impact on energy, does socialism in the US rely on Mamdani in NYC? (1:10:00) Tariffs update: $125B+ revenue so far, India and Switzerland hit hard, Trump's ad hoc approach (1:27:51) Nvidia chips being smuggled to China (1:31:13) Apple's $700B in buybacks since 2015 and failing AI strategy (1:40:09) Summer reading recommendations Join us at the All-In Summit: https://allin.com/summit Summit scholarship application: http://bit.ly/4kyZqFJ Get The Besties All-In Tequila: https://tequila.allin.com Follow Ben: https://x.com/benshapiro Follow Gavin: https://x.com/GavinSBaker Follow Phil: https://x.com/pdeutch Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://www.bloomberg.com/news/articles/2025-08-08/openai-s-gpt-5-met-with-mixed-reviews-confusion-in-first-day https://www.anthropic.com/news/build-ai-in-america https://www.youtube.com/watch?v=whE75zEFBpU https://www.census.gov/library/visualizations/time-series/demo/historic.html https://www.justice.gov/opa/pr/two-chinese-nationals-arrested-complaint-alleging-they-illegally-shipped-china-sensitive https://www.ft.com/content/6f806f6e-61c1-4b8d-9694-90d7328a7b54
BONUS: Elliott Parker on Breaking The Illusion of Innovation and Why Large Organizations Struggle to Innovate In this BONUS episode, we dive deep into the paradox of modern corporate innovation with Elliott Parker, CEO of Alloy Partners. Elliott shares his insights on why well-managed organizations often struggle with innovation, the critical difference between execution and learning challenges, and how venture studios can bridge the gap between corporate resources and startup agility. In this episode, we explore Elliott's book The Illusion of Innovation. The Golden Gate Bridge Paradox "It took 7 years to add a safety net to a bridge that took 3 years to build." Elliott opens with a striking example that illustrates the central thesis of his work. Large organizations today are paradoxically less capable of handling opportunities and challenges despite being better managed than ever before. The irony lies in their very efficiency—modern corporations have become so optimized for capital efficiency and short-term profits that they've inadvertently sacrificed their capacity for future innovation. This focus on Return on Invested Capital (ROIC) creates organizations that excel at managing existing assets but struggle with the uncertainty required for breakthrough innovation. The Corporate Innovation Anti-Pattern "The more the innovation team borrows from the business, the more the innovation team starts to look like the original organization." Elliott reflects on a belief he once held and now completely disagrees with—that corporate innovation teams could successfully drive disruptive innovation from within. Having worked in corporate innovation focused on IP licensing and later in venture capital, he discovered that these internal teams, while excellent at expanding existing business models, inevitably become constrained by the very organization they're meant to transform. The solution he advocates is funding startups outside larger organizations, where there's nothing to preserve or perpetuate, allowing for true disruptive thinking. In this segment, we talk about Clayton Christensen's Disruption Theory which he explored in the now famous book: The Innovator's Dilemma. Execution vs. Learning Challenges "Moving slow is a feature of corporations, not a bug." One of Elliott's key frameworks distinguishes between execution challenges and learning challenges. Corporations are brilliantly designed for execution—when the problem and solution are known, they excel. However, learning problems, where the problem is clear but the solution unknown, require a fundamentally different approach. Elliott suggests marrying the best of both worlds: leveraging the funding and market research capabilities of large organizations with the disruptive ideas and solution-seeking agility of startups. He provocatively suggests treating communication around innovation as something to be avoided until solutions are proven, advocating for working in silos until innovation actually works. The Controlled Burn Philosophy "The only way to get data about the future is to collect data by running experiments." Elliott introduces the concept of "controlled burn" using forest fire management as a metaphor for corporate innovation. Just as western US forests have become dangerously dense from aggressive fire suppression, corporations have become fragile by avoiding all risk and experimentation. We can't predict the future, and there's no existing data about what's coming—the only way to generate future insights is through deliberate experimentation. However, managers are typically incentivized to avoid experiments and minimize risk, creating the organizational equivalent of dense forests prone to devastating fires when disruption eventually arrives. Creating Safe-to-Fail Environments "In corporates we focus on frequency of correctness. In startups we focus on magnitude of correctness." After initially believing he could change organizations from within, Elliott learned that creating truly safe-to-fail environments within established companies is nearly impossible. This realization led him to focus on creating startups as the perfect vehicle for business model experimentation. The fundamental difference in mindset is crucial: corporations optimize for being right most of the time, while startups optimize for the size of their wins when they are right, embracing a venture capital-like approach to innovation where occasional big wins compensate for frequent small failures. Shifting from Wealth to Knowledge Generation "Civilizations fail because they don't innovate fast enough." Drawing on insights from David Deutsch's work on learning and innovation, Elliott argues that long-term resilience comes from learning, not just wealth generation. He advocates for shifting corporate conversations from immediate wealth generation to knowledge and learning, positioning companies as explorers of innovation and business models. This requires different funding mechanisms—moving away from operational budgets managed through traditional Excel-based metrics toward "patient capital" that can sustain the uncertainty inherent in true innovation. Traditional management approaches lack the passion needed for breakthrough innovation. In this segment, we refer to David Deutsch's book The Beginning of Infinity: Explanations that Transform The World. About Elliott Parker Elliott Parker is CEO of Alloy Partners, where he helps corporations and universities launch startups through a venture studio model. A former Innosight consultant and entrepreneur, he's passionate about bridging big companies with startup ecosystems to unlock real innovation and long-term growth in an increasingly distributed world. You can link with Elliott Parker on LinkedIn.
Президенты России и США встретятся! Владимир Путин и Дональд Трамп согласовали первую встречу с начала украинского конфликта. Рынок взлетел! Какие акции вырастут еще? В выпуске обсуждаем, что будет с валютой и какие инструменты выбрать, пока идет подготовка встречи лидеров России и США. Рассказываем о ситуации с «Газпромом» и «Юнипро». А также говорим про отчет Ozon и дивиденды «Фосагро». Отвечаем, каких акций не должно быть в портфеле и многое другое!Полезные ссылки:Откройте счет в БКС: https://s.bcs.ru/zE65JЭфир про то, как собрать портфель: https://vkvideo.ru/video-16289875_456241030Эфир про то, как не потерять деньги: https://vkvideo.ru/video-16289875_456241032 Опрос инвесторов: https://vk.cc/cOqynAКанал Евгения Когана: https://vkvideo.ru/@bitkoganПро криптовалюту на БКС Экспресс: https://vk.cc/cNCUS1Telegram-канал БКС Экспресс: https://bit.ly/3HgnWdKTelegram-канал БКС Мир инвестиций: https://bit.ly/3SeJkX1Таймкоды:00:00 Вступление00:23 Президенты встретятся! Какие акции вырастут?05:19 Ответы на вопросы зрителей05:29 Каких акций не должно быть в портфеле?05:56 Когда приходят дивиденды?06:25 При каком размере ставки деньги перетекут в акции?06:42 При снижении ставки будут дорожать компании с высоким ROIC?07:05 С учетом налога с прибыли по акциям облигации привлекательнее?08:18 Стоит ли инвестировать в корпоративные облигации?08:47 Упадут ли акции банков после внедрения цифрового рубля?09:21 Про допэмиссию ВТБ?10:29 Какие драйверы у ММК?11:08 «Яндекс» или «Хэдхантер»?12:15 Про хакерские атаки на российские компании12:38 Изменится ли дивиденд X5?13:12 Дивиденды «Промомеда»13:47 Как снизить налоги при инвестировании?14:08 Про выгоду ИИС15:11 Конкурс!15:58 Ситуация с «Газпромом»16:23 Дивиденды «Фосагро»16:55 Результаты Ozon17:31 Отчет «Норникеля»18:08 Результаты ЮГК18:42 Отчет «Юнипро»19:03 Новости криптовалюты19:39 Новости макроэкономики20:13 Новости рынков21:17 Идеи22:12 Главные события следующей неделиВедущий — Всеволод Зубов, руководитель департамента автоследования БКС.#бкс #инвестиции #акции #экономика #новости
In this Dialogue episode of The Synopsis, Drew has a "dialogue" of one as he reviews 2Q25 earnings from Floor & Decor and Meta. You can find free versions of these updates below. Meta 2Q25 Business Update Floor & Decor 2Q25 Business Update If you want to get a free trial to access >200k AlphaSense expert call transcripts, you this link here. ~*~ For full access to all of our updates and in-depth research reports become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. -*-*-*-*-*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) — Intro (1:24) — Floor & Decor 2Q25 Update (16:07) — Meta 2Q25 Update -*-*-*-*-*-*-*-*-*-*-*-*-*-*- For full access to all of our updates and in-depth research reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of publication, one or more contributors to this report has a position in META and FND. Furthermore, accounts one or more contributors advise on may also have a position in META and FND. This may change without notice. Please see our full disclaimers here: https://speedwellresearch.com/disclaimer/
Tenha acesso a +15 modelos de IA, cursos, ferramentas exclusivas e 30 dias grátis pra testar: https://go.adapta.org/campaign/adapta-mm-youtube Aprenda a rastrear ações promissoras antes do consenso do mercado no Bússola do Valor, encontro online e gratuito com Thiago Salomão e Matheus Soares: https://lp.mmakers.com.br/bussola-do-valor-encontro-online?xpromo=MI-M3CBUSSOLA-YT-DESCRICAO-X-20250710-DESCRICAOSOBRECONVITEPARABUSSOLA-MM-X Vender a melhor empresa da bolsa é a maior burrada ou o segredo para uma rentabilidade gigantesca? No episódio 235 do Market Makers, Octávio Magalhães, gestor da Guepardo Investimentos, revela em detalhes por que tomou uma decisão polêmica: vender toda a sua posição em Itaú, uma das queridinhas da bolsa e presente em sua carteira há 6 anos.Ele explica que, embora o banco seja uma empresa espetacular, o trabalho de um gestor é encontrar as maiores assimetrias, e o dinheiro da venda foi para papéis com potencial de retorno muito maior. Octávio abre sua filosofia de investimentos, mostrando que o segredo não está no cenário macroeconômico – que ele afirma ter "zero" influência em suas decisões –, mas sim em uma análise profunda e qualitativa das empresas, buscando negócios fantásticos que o mercado, por algum motivo pontual, está odiando. Ele detalha as teses de investimento em empresas como Klabin (KLBN11), que ele acredita estar num ponto de inflexão com o ROIC prestes a explodir, Fleury (FLRY3), que na sua visão corrigiu o erro de alocação de capital após a fusão com o Pardini, e Ultrapar (UGPA3), que apesar de balanços ruins no curto prazo, apresenta uma oportunidade imensa.O gestor ainda conta a história por trás do investimento em Vulcabras (VULC3), explicando como a gestão excepcional dos irmãos Bartelle transformou a empresa e por que a ação, mesmo após a alta, continua fora do radar. Para ele, o investidor precisa agir como um dono de negócio, preparado para ficar décadas com uma ação, mas pronto para vender quando o preço fica justo e a festa do mercado começa.E para você, qual é a ação da sua carteira que o mercado inteiro parece odiar, mas que você confia para o longo prazo?
My guest on the show today is Ryan Telford, Head of Evidence-Based Research at MicroCapClub. In this episode, Ryan breaks down the performance and methodology behind the MC Guts MicroCap Index — a quant-driven benchmark launched by MicroCapClub to track microcap stocks in the U.S., Canada, and Europe. We discuss why Canada and Europe are outperforming while the U.S. lags in 2025, sector rotation, and how Ryan's “GUTS” framework — Growth, Undervalued, Timing, and Sentiment — identifies overlooked opportunities in the microcap universe. Ryan also shares how the index filters for quality, liquidity, and momentum, and how his research is challenging some of the conventional wisdom around dividend payers, ROIC, and the 52-week low strategy. For more information about MicroCapClub, please visit: https://microcapclub.com/ You can Follow Ryan Telford on Twitter/X @RTelford_invest: https://x.com/RTelford_Invest Planet MicroCap Podcast is on YouTube! All archived episodes and each new episode will be posted on the Planet MicroCap YouTube channel. I've provided the link in the description if you'd like to subscribe. You'll also get the chance to watch all our Video Interviews with management teams, educational panels from the conference, as well as expert commentary from some familiar guests on the podcast. Subscribe here: http://bit.ly/1Q5Yfym Click here to rate and review the Planet MicroCap Podcast The Planet MicroCap Podcast is brought to you by SNN Incorporated, The Official MicroCap News Source, and the Planet MicroCap Review Magazine, the leading magazine in the MicroCap market. You can Follow the Planet MicroCap Podcast on Twitter @BobbyKKraft
In this Company episode of The Synopsis we draw on our 108-page research report on Airbnb; the company that pioneered the sharing economy and become a Silicon Valley poster child for what a succesful start-up can become. Having started as a means to pay rent, Airbnb quickly turned into one of the world's largest accommodations provider. In a matter of just a decade, Airbnb was able to host more guests than Hilton could in 100 years. However, despite their large impact in how tens of millions of people traveled and millions more monetized their unused properties, they struggled for years to turn a profit. That is until founder Brian Chesky decided to do something drastic and reshape the business—in the midst of Covid no less. In the matter of just a few years he took the business from losing $4bn a year to generating $3bn annually in free cash flow. With Airbnb having a firm grasp on the Alternative Accommodations segment, they are preparing to enter into new businesses and new verticals. Tune in for all of this and more! Learn more about our 108-page report here. For full access to all of our in-depth research reports, become a Speedwell Member here. If you need help getting Speedwell Research to become an approved research vendor, so you can expense your subscription, please email info@speedwellresearch.com *~*~*~* Mentioned Speedwell Memos: Minimum Viable Products versus Maximum Possible Products Introducing the Piton Network Concept -*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) — Airbnb Intro Section 1: Business History (5:33) — From RISD to SF (19:05) — Cereal Boxes, Y Combinator (34:12) — Early Airbnb Experience, Competitors, International (43:10) — First Disaster (47:21) — Toshi Hotels, Regulation (52:50) — Covid, Pulling the IPO (1:01:50) — IPO *~*~* Section 2: Industry and TAM (1:05:27) — Business, How do they Make Money? (1:18:13) — Experiences (1:22:31) — Margins and Cost Structure (1:25:26) — TAM Discussion (1:39:21) — Categories of Competition *~*~* Section 3: Competitors and Competitive Differentiation (1:42:16) — Booking Competition (1:52:21) — Merchant vs Agent Business Model, OTAs (2:02:17) — Booking's Alternative Accommodation Push, Booking vs Airbnb (2:12:25) — Expedia, VRBO (2:25:47) — Other Competitors (2:30:47) — Comparing all Competitors, Network Effects, Differentiation (2:45:26) — Competitive Advantages (2:54:28) — Airbnb Negatives *~*~* Section 4: Other Bets, Capital Allocation, Valuation (2:58:33) — New Services, Super App (3:13:25) — ROIC and Free Cash Flow (3:20:04) — Capital Allocation, Stock Awards (3:27:44) — Growth Drivers (3:35:42) — Valuation (3:37:11) — Risks and Conclusion -*-*-*-*-*-*-*-*-*-*- Become a Speedwell Member here to gain access to *all* of our in-depth research reports and more! Sign up for Speedwell's free newsletter and weekly memos here *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of recording contributors had a position in Airbnb. Furthermore, accounts contributors advise on also may have a position in Airbnb. This may change without notice. Please see our full disclaimers here: https://speedwellresearch.com/disclaimer/
On this episode of Chit Chat Stocks, we research Joel Greenblatt and what we can learn from the investor who put up 50% annualized returns before fees for Gotham Capital. We discuss:(02:55) Who is Joel Greenblatt?(08:34) Gotham Capital's Performance(11:36) Special Situations Investing(12:34) Understanding Spin-Offs(19:30) Mergers and Arbitrage(23:35) Bankruptcies and Restructurings(32:35) Recapitalizations, Options, and Leaps(36:19) Understanding the Little Book: Quality Stocks at Cheap Prices(41:11) Screening for Value: EV to EBIT and ROIC(49:13) The Magic Formula: Combining Quality and Value(57:59) Lessons from Joel Greenblatt: Complexity and Homework*****************************************************JOIN OUR NEWSLETTER AND FREE CHAT COMMUNITY: https://chitchatstocks.substack.com/ *********************************************************************Chit Chat Stocks is presented by Interactive Brokers. Get professional pricing, global access, and premier technology with the best brokerage for investors today: https://www.interactivebrokers.com/ Interactive Brokers is a member of SIPC. *********************************************************************FinChat.io is the complete stock research platform for fundamental investors.With its beautiful design and institutional-quality data, FinChat is incredibly powerful and easy to use.Use our LINK and get 15% off any premium plan: finchat.io/chitchat *********************************************************************Bluechippers Club is a tight-knit community of stock focused investors. Members share ideas, participate in weekly calls, and compete in portfolio competitions.To join, go to Blue Chippers and apply! Link: https://bluechippersclub.com/*********************************************************************Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.
► Probeer Moneybird 120 dagen gratis via: https://www.moneybird.nl/jongbeleggen Opdat we van elkaar leren: in deze aflevering twee slimme particuliere beleggers aan het woord! Pim en Milou prijzen zichzelf gelukkig met luisteraars als Frenkel en Tomas, leden uit het warme bad dat de Jong Beleggen-community is, die bereid waren naar de studio af te reizen om alles over hun manier van beleggen te delen. Met de één duiken we in zaken als ROIC en operationele hefboom, van de ander leren we portfolio's als voetbalelftal benaderen. Met aanvallers, middenvelders, verdedigers en al. Maar eerst: een nieuwe ontwikkeling in het ontrafelen van het geheim van Spotify's verdienmodel…► Uitgebreide show notes en achtergrondinformatie: https://jongbeleggendepodcast.nl/194-beleggers-aan-het-woord-frenkel-tomas ► Word Vriend: https://portfoliodividendtracker.com ► Updates via Instagram: https://www.instagram.com/jongbeleggen ► Mijn volledige portfolio: https://app.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.
Send us a textIs Your Business Beating the Stock Market?In this episode of The Margin Method, Steve shares the three metrics every founder must know if they want to grow profitably and build a business that's both valuable and optional. Drawing from his experience as a CFO for a billion-dollar construction firm, he breaks down what he calls the "three efficiencies"—and how they reveal whether you're wasting money on sales, underperforming on labor, or sitting on a business that's barely outperforming an index fund.If you've ever wondered how to measure true performance, this one's for you. Steve walks you through the calculations, benchmarks, and tells you exactly where to look in your financials—without getting lost in jargon. You'll leave knowing which KPI deserves your attention... and why it might just be time to raise your standards.Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information.Want to see if you're a fit for our KPI Kickoff? Check it out here: https://www.coltivar.com/boost Support the show
On today's episode, Kyle Grieve chats with James and Abigail Zimmerman about the strength of growing and sustainable cash flowing businesses; the importance of strong balance sheets; how they navigate their circle of competence, and the steps they take to expand it; why simplicity is so important in an age of complexity, how they use cash as a boost, and not a drag on returns, and much more. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:28 - How communities—public and private—can spark better investment ideas. 07:06 - Why free cash flow yield is their north star metric. 10:09 - How to tell if value drivers are simple or deceptively complex. 14:00 - Why staying inside your circle of competence protects your downside. 19:22 - How “Fort Knox” balance sheets help survive any market storm. 28:23 - Key signals that suggest a business can sustain high ROIC. 32:56 - What truly shows management is aligned, not just insider ownership. 43:25 - The hidden risks that make many retailers dangerous investments. 53:07 - How an equity-bond lens helps compare all asset classes. 01:06:39 - When to double down on winners. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Read about The Magic Formula here. Check out Value Investors Club here. Check out SumZero here. Check out MOI Global here. Follow Kyle on X 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? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch Unchained Fundrise DeleteMe CFI Education The Bitcoin Way Vanta Onramp Indeed 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! Support our show by becoming a premium member! https://premium.theinvestorspodcast.com/ 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
What separates companies that have thrived for decades, like Apple, Amazon, and Google, from those that have disappeared? It all comes down to economic moats: the lasting advantages that protect profits and market share.In this episode of FinPod, we explore:What economic moats are and why they matterThe five types of moats: brand power, network effects, switching costs, cost advantages, and regulatory protectionHow to spot a company's moat through financial metrics like ROIC, gross margins, and free cash flowReal-world examples: Apple, Visa, Google, and cautionary tales like Blackberry and KodakHow finance teams like FP&A, valuation, and strategy roles protect and grow moatsThe future of moats: data, platforms, and the power of adaptabilityHow YOU can build your own personal career moat to stay competitiveIf you work in finance or strategy or are curious about how businesses stay competitive long-term, this episode is packed with practical insights.#EconomicMoats #CorporateFinance #BusinessStrategy #FPA #FinanceCareers #FinPod
In this episode of Corporate Treasury 101, we dive into the evolving role of corporate treasury and explore how it can shift from a traditional cost center to a strategic business partner. Our guest, Kurt Smith, Director at Marengo Capital and Vice President of the Australian Corporate Treasury Association, shares actionable insights on how treasury teams can move beyond operational functions and start driving enterprise value. We explore how treasurers can help define risk appetite, optimize capital allocation, and influence key business decisions. From understanding the strategic importance of metrics like ROIC and WACC to navigating internal relationships and regulatory discussions, this episode is packed with practical advice for any treasury professional looking to elevate their impact.Kurt Smith draws from decades of experience in fund management, derivatives trading, and treasury consulting to explain how corporate finance teams can move upstream in the value chain. He breaks down what it means to be a strategic treasurer, how to optimize working capital through better cash conversion cycles, and why financial acumen should be embedded across treasury teams. We also discuss the state of treasury in Australia, how ACTA supports professionals through networking and education, and how treasurers can embrace AI to free up time for higher-value work.What You'll Learn in This EpisodeHow to reposition treasury from a cost center to a value-adding business partnerThe importance of aligning treasury with enterprise risk appetite and capital allocationWhy understanding ROIC and WACC is critical for measuring impactHow to improve working capital through smarter cash conversion and internal advocacyReal-world examples of building treasury influence through operational and regulatory engagementHow ACTA is raising the bar for treasury professionals in AustraliaWhere AI fits into the future of strategic treasuryEpisode Breakdown & Timestamps[00:00] – Introduction & AFP Partnership ($100 Off CTP Certification)[01:00] – Kurt Smith's Background and Role at ACTA[03:03] – What Treasury Departments Typically Focus On[04:39] – Core Treasury Functions: Cash, Risk, and Funding[06:15] – From Cost Center to Value Creation Unit[09:12] – Defining and Influencing Risk Appetite[13:36] – Operational vs. Strategic Treasury[17:28] – KPIs that Matter: ROIC, WACC, and Enterprise Risk[20:59] – Turning Treasury into a Profit Center[26:00] – Strategic Cash Flow Management & Internal Advocacy[30:37] – Case Study: Streamlining Insurance with Tech[34:51] – Cash Conversion Cycle and Working Capital Optimization[41:50] – Creating a Competitive Internal Market for Capital[46:00] – Real-Time Cost of Capital: Why Treasury Should Own It[55:00] – Treasury in Australia: Opportunities & Challenges[01:03:00] – ACTA's Role in Supporting Treasury Professionals[01:10:00] – AI, Digital Tools & the Future of Strategic Treasury[01:24:48] – Final Thoughts & How to Connect with KurtFollow our guest Kurt Smith:LinkedIn: https://www.linkedin.com/in/kurt-smith-phd-97053515/ Website:
Send us a textMaster business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/Steve reveals the five things financially savvy CEOs focus on (and the common traps they avoid) to build cash-rich, high-growth companies.If you're ready to shift from operator to strategic thinker, this one's for you. Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.Register for our April 8th financial workshop here: https://www.coltivar.com/register-for-byfiq-workshop-apr-8 Support the show
Will Chris and Karly agree on the impacts of privatization on retail? In this episode, Chris Ressa and Karly Iacono focus on significant deals such as Walgreens' privatization by Sycamore Partners, Nordstrom's strategic move to go private, and Blackstone's acquisition of ROIC. What are the implications of these changes for investors? Plus, they recap the highlights of ICSC OAC from earlier this month. Takeaways were the changing role of AI in retail and the overall sentiment in the industry.TakeawaysThe retail real estate market remains positive despite volatility.AI is becoming increasingly integrated into retail operations.Privatization can offer retailers flexibility and strategic growth opportunities.Investors need to consider the implications of ownership changes on loan covenants.Walgreens' privatization raises questions about future store closures.Nordstrom's move to go private reflects confidence in long-term growth.Blackstone's acquisition of ROIC signals bullishness in retail real estate.The trend of consolidation among public REITs continues.Retailers are exploring innovative ways to grow through acquisitions and assignments.The importance of understanding the real estate implications in privatization deals.Chapters00:00 Key Takeaways from ICSE OAC Conference05:53 The Impact of AI on Retail09:11 Understanding Retailers Going Private12:01 Financial Flexibility and Strategic Growth14:53 Real Estate Investor Perspectives on Ownership Changes17:57 Case Study: Walgreens and Sycamore Partners24:06 Case Study: Nordstrom's Strategic Move29:53 Case Study: ROIC and Blackstone's Acquisition
Welcome to What's in Store? with Karly and Chris – your insider guide to the hottest topics at the intersection of retail and real estate.In this episode, Karly and Chris dive into three high-impact stories dominating headlines: Walgreens, Nordstrom, and ROIC. From ownership transitions to evolving business strategies, this discussion breaks down what it all means for investors, landlords, and the future of retail space.Plus, hear key takeaways from ICSC OAC, a closer look at retail market trends, and how private equity and public-to-private shifts are changing the game.Timestamps:ICSC OAC Conference Takeaways: 0:43Privatization of Retailers: 8:45 Walgreens Restructuring & Strategy: 14:27Nordstrom's Strategic Moves: 28:29ROIC Case Study: 33:41If you're in commercial real estate or retail strategy, you won't want to miss this.Karly Iacono | Senior Vice President CBRE Investment Properties | Retail Capital MarketsO (201) 712-5612 | M (201) 600-3237karly.iacono@cbre.com | www.cbre.comWarning-IRS Circular 230 Disclosure: CBRE and its affiliates do not provide tax advice and nothing contained herein should be construed to be tax advice. Please be advised that any discussion of U.S. tax matters contained herein is not intended or written to be used, and cannot be used, by the recipient of any Information for the purpose of avoiding U.S. tax-related penalties; and was written to support the promotion or marketing of the transaction or other matters addressed herein. Accordingly, any recipient of this video should seek advice based on your particular circumstances from an independent tax advisor. You also agree that the information herein down not constitute legal or other professional advice and you should obtain legal advice from a qualified attorney licensed in your state. The opinions contained in this video are those of Karly Iacono and may not represent those of CBRE. All content is for educational purposes only. The following content may contain the trade names or trademarks of various third parties, and if so, any such use is solely for illustrative purposes only. All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with, endorsement by, or association of any kind between them and CBRE or Karly Iacono.
(0:00) Welcoming Cyan Banister and David Sacks! (3:23) Behind the scenes of the Besties in DC: White House, cabinet interviews, and more (33:00) How M&A will be unleashed, Google buys Wiz for $32B, Tim Walz on Tesla (49:09) Deep dive on Google/Wiz: breakup fee, impact on VC, ROIC, cloud advantage (1:00:28) Treasury vs Fed tension, Bond markets, consumers, deregulation (1:12:57) Space rescue, SpaceX vs China, lunar landing Thanks to our partners for making this happen: Hims: https://www.hims.com | https://www.forhers.com Gemini: https://www.gemini.com/allin iTrustCapital (use code allin): https://www.itrustcapital.com/allin Follow Cyan: https://x.com/cyantist Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: Bessent interview: https://youtu.be/lSma9suyp24 Lutnick interview: https://youtu.be/182ckTL2KBA https://www.cnbc.com/2025/03/18/google-to-acquire-cloud-security-startup-wiz-for-32-billion.html https://x.com/Tim_Walz/status/1902197581586833643 https://www.nbcnews.com/politics/politics-news/democratic-party-hits-new-polling-lowvoters-want-fight-trump-harder-rcna196161 https://x.com/elonmusk/status/1519735033950470144 https://www.ft.com/content/e6f516e8-2262-44d2-a030-7071b62b0be7 https://x.com/thesamparr/status/1902385138308104685 https://www.wsj.com/economy/central-banking/interest-rates-decision-federal-reserve-ed172223 https://www.cnbc.com/quotes/US10Y https://www.nytimes.com/2025/03/10/technology/eric-schmidt-relativity-space.html https://arstechnica.com/space/2024/11/chinas-long-term-lunar-plans-now-depend-on-developing-its-own-starship https://www.nbcnews.com/politics/elections/steve-kornacki-white-men-white-women-gap-gender-gap-rcna196791
On this Dialogue episode of The Synopsis, we give an update on Dream Finders Homes and Floor & Decor. Check out our written business updates for $FND and $DFH below! Dream Finders Homes 4Q24 Business Update Floor & Decor 4Q24 Business Update ~Mentioned Memos~ Home Depot Memo: Priced to Outperform Perfection For full access to all of our updates and in-depth research reports, including our Dream Finders Homes Exploratory Report and our Floor & Decor Extensive Research Reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. -*-*-*-*-*-*-*-*-*-*-*-*-*-*- Show Notes Dream Finders Homes 4Q24 Business Update *~* (0:00) — Where's the Letter? (1:34) — High Level Overview (5:27) — Acquisition Model Similar to Constellation Software (9:20) — Rare Case where ROE makes more Sense, Riff on Bank Balance Sheets (12:57) — Operating Income, Tariffs, Non-homebuilder Acquisitions (20:04) — Valuation Floor & Decor 4Q24 Business Update *~* (24:00) — Overview, Same Store Sales Controversy (33:45) — Founder Operators versus Professional Managers, Cabinet Selection Concerns, Store Roll Outs Slowing (42:00) — Tariffs, Spartan, Operating Leverage (49:12) — Valuation -*-*-*-*-*-*-*-*-*-*-*-*-*-*- For full access to all of our updates and in-depth research reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of publication, one or more contributors to this report has a position in FND and DFH. Furthermore, accounts one or more contributors advise on may also have a position in FND and DFH. This may change without notice. Please see our full disclaimers here: https://speedwellresearch.com/disclaimer/
On this Company episode of The Synopsis we draw on our 75-page research report on Axon Enterprises, a leading law enforcement technology provider, for a very in-depth break down of the company. Founder Rick Smith took a failed concept—the TASER—and not only created a succesful business around it, but made it become a mainstay of policing. Not content to just reinvent how policing worked in the field, Axon pushed into other critical areas of law enforcement like officer video, cloud-based data management, and vertical software. A 1,000x return since going public in 2001, Axon is one of the highest returning stocks of all time. But more interesting than the investment returns, is all of the lessons we can learn from Billionaire Founder Rick Smith. Learn more about our 75-page research report here. For full access to all of our in-depth research reports, become a Speedwell Member here. If you need help getting Speedwell Research to become an approved research vendor, so you can expense your subscription, please email info@speedwellresearch.com *~*~*~* Mentioned Speedwell Memos: Minimum Viable Products versus Maximum Possible Products How Axon's Founder Built a $35bn Business: 10 Lessons from Rick Smith -*-*-*-*-*-*-*-*-*-*- Show Notes Part 1: Founding History and Background (0:00) Axon Overview (3:34) — Background of the Advent of the TASER (12:08)— Rick Smith Reinvents the TASER and the Founding of AirTaser (15:39) — AirTaser Early Struggles (23:20) — Taser International rename, Going Public (34:36) — Broadening their Mission and Product Lines, Introducing Axon (43:47) — R&D Fumbles, Importance of Knowing when to Iterate vs Innovate (51:11) — Axon Camera Business Frictions, Gaining Adoption and Building a Competitive Moat (1:17:57) — Concluding History *~* Part 2: Financials, Industry, Competition, and Valuation (1:26:22) — Revenue Segments, Business Model (1:43:39) — Profitability and Mature Margins (1:47:45) — Industry and TAM, Pricing Power (1:57:59) — Competition (2:29:38) — Why Axon Wins (One Breath Take) (2:33:36) — ROIC, Mature Profitability, Free Cash Flow (2:40:51) — Valuation (2:44:07) — Risks (2:49:01) — Free Axon Resources from Speedwell -*-*-*-*-*-*-*-*-*-*- Become a Speedwell Member here to gain access to *all* of our in-depth research reports and more! Sign up for Speedwell's free newsletter and weekly memos here *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of recording contributors had a position in Perimeter Solutions. Furthermore, accounts contributors advise on also may have a position in Perimeter Solutions. This may change without notice. Please see our full disclaimers here: https://speedwellresearch.com/disclaimer/
In this insightful conversation we talk with Philz Coffee Cofounder, Jacob Jaber, on what it was like to build and operate a coffee business from a single counter in a bodega to chain of 75 stores. Jacob talks about the many things he learned operating in the extremely competitive food and beverage industry, while also distilling his experience down to general business lessons that are highly applicable to many industries. We hope you enjoy it! *~*~*~*~* Get access to all of Speedwell Research's in-depth Research Reports here. If you need help getting Speedwell added as an approved research vendor for your investment firm, please reach out to info@speedwellresearch.com -*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) — Intro (0:48) — Philz Coffee Founding History (4:25) — What Need Did Philz Coffee Fulfill? (12:14) — Forgoing Sales and Creating Fricition (16:30) — Scaling, Ambitions, and Growth (25:46) — Raising Capital, Store Economics, ROIC (37:50) — What Changes with Scale, Keeping Consumer Surplus (43:30) — Figuring out Price, Competition (51:18) — Identifying and Investing in New Business Concepts (59:24) — How Running a Business changed Jacob as an Investor (1:05:49) — Purpose -*-*-*-*-*-*-*-*-*-*- Become a Speedwell Member here to gain access to *all* of our in-depth research reports and more! Sign up for Speedwell's free newsletter and weekly memos here *~*~*~*~* Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. Please see our full disclaimers here: https://speedwellresearch.com/disclaimer/
In the February mailbag, Jason and Jeff tackle various listener questions including the pitfalls and strategic uses of options trading, ETFs versus individual stocks, and long-term investment strategies for kids and grandkids. They also explore the significance of return on equity (ROE) and return on invested capital (ROIC), and discuss managing stocks that have skyrocketed in value. 01:52 Mailbag Time: Listener Questions02:42 Exploring Options Trading13:20 Understanding Return on Equity and Invested Capital18:50 Investing for Future Generations23:09 Upstart: Recent Developments and Insights25:46 Economic Uncertainties and Market Reactions27:58 Confluent's Growth and Market Position30:09 Understanding Bond ETFs33:02 Closed-End Funds: Risks and Rewards34:39 Frameworks vs. Rules in Investing36:36 Navigating Stock Price Increases43:54 ETFs vs. Individual Stocks48:24 Spam Comment of the MonthCompanies mentioned: AAPL, APP, AXON, CELH, CFLT, FLNC, MELI, UPST, ZMSubscribe to our portfolio on Savvy Trader Email: investingunscripted@gmail.comTwitter: @InvestingPodCheck out our YouTube channel for more content: To get 15% off any paid plan at finchat.io, visit https://finchat.io/unscriptedListen to the Chit Chat Stocks Podcast for discussions on stocks, financial markets, super investors, and more. Follow the show on Spotify, Apple Podcasts, or YouTubeInvesting Unscripted is brought to you by Public.com* Visit https://public.com/investingunscripted *All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. The 6%+ yield is the average, annualized yield to worst (YTW) across all ten bonds in the Bond Account, before fees, as of 12/13/2024. A bond's yield is a function of its market price, which can fluctuate; therefore, a bond's YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule (https://public.com/disclosures/fee-schedule). Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See Bond Account Disclosures to learn more.Alpha is an AI research tool powered by GPT-4. Alpha is experimental and may generate inaccurate responses. Output from Alpha should not be construed as investment research or recommendations, and should not serve as the basis for any investment decision. Public makes no warranties about its accuracy, completeness, quality, or timeliness of any Alpha out. Please independently evaluate and verify any such output for your own use case.*Terms and Conditions apply.2025 Portfolio Contest2024 Portfolio Contest2023 Portfolio Contest
Formulário de Aptidão para conhecer o método exclusivo do Ricardo com Dividendos Sintéticos: https://lvnt.app/t4ykpa26/02 - COMPRE WEGE3 até R$ 48,80Olá, seja bem-vindo a mais um Fechamento de Mercado, comigo Flávio Conde e Ricardo Afonso.A recomendação de hoje é WEGE3 que caiu 8%, um absurdo, e fechou perto dos R$ 48,00. Toda essa queda ocorreu em função de uma leve retração nas margens de lucratividade com a margem EBITDA de 22,1% no 4T24 ligeiramente menor do os 22,6% do 3T24, -0,5 pp, e 0,7 pp acima dos 21,4% do 4T23 bem como margem de 15,7% x 16,0% no 3T24 e -0,3 pp, e 20,4%, -4,7 pp no 4T23. Por que as margens de lucratividade foram menores? Porque o custo do produto vendido (CPV) foi um pouco maior no 4T24 representando 66,6% das vendas versus 65,6% no 3T24 e 66,3% no 4T23.Além disso, o retorno sobre o capital investido (ROIC) alcançou 34,2% no 4T24, uma queda de 5,0 pontos percentuais em relação ao 4T23 e de 2,9 pontos percentuais em relação ao 3T24. Porém, um número muito alto que poucas cias. apresentam no Brasil.Analistas chatos podem escrever que ficaram preocupados com a leve queda de margens de lucratividade e ações caírem. Entretanto, eu não fiquei preocupado e recomendo manter as ações de WEGE3 não apenas porque se o dólar subir para R$ 5,85/5,95 as ações subirão junto, mas também porque os resultados da WEG foram sólidos, crescentes e com margens altas apesar de ligeira queda.O Ibovespa com queda em torno de -0,75%, ao redor de 125,0 mil pontos, depois de subir 0,60% ontem, com volume negociado fraco de R$ 21 bilhões, R$ 4 bilhões abaixo da média de R$ 25 bilhões, das segundas de mercado em alta em dezembro de 2023. Por que o mercado performou assim?1º. O Ibovespa negativou às 10h35 depois que o dólar começou a avançar e foi atrás durante todo o dia com o dólar fechando a R$ 5,80, alta de cinco centavos, com a volta da preocupação de economistas e investidores com a combinação inflação mais alta e risco fiscal crescendo conforme o aumento da reprovação do governo Lula é confirmada a cada pesquisa. Os juros também seguiram o dólar e avançaram bem com os títulos do Tesouro Prefixado pulando de 14,59% a.a. para 14,87% a.a. e o IPCA+2029 de 7,46% para 7,51% a.a. Os dados de emprego voltaram a surpreender em janeiro, com a criação de 137.303 vagas formais, conforme dados do Cadastro Geral de Empregados e Desempregados, o Caged, do Ministério do Trabalho, 93% acima das 70.990 esperadas pelo mercado, indicando um mercado de trabalho bastante forte apesar da alta dos juros e dos sinais de desaquecimento da economia no fim do ano passado2o. Na B3, parte de investidores venderam bem com destaques de queda de IRBR3 -17%, WEGE3 -8%, AZUL -8%, VIVT -6%, MRVE3 -6%, VBBR3 -4% e AURE -4%. Além de WEGE3, outra queda exagerada foi VIVT com -6% e vou contar a todos. 3º. Porém, parte de investidores compraram bem como: ABEV3 5%, GGBR4 3%, EMBR3 2%, CSNA3 2%, GOAU4 2%, BRFS3 1,5% e USIM5 1,3%.4º. Mercados pioram com Trump prevendo tarifas de 25% para Europa: Os índices de ações e os juros longos americanos passaram a cair na tarde desta quarta-feira, após o presidente dos Estados Unidos, Donald Trump, confirmar a taxação de importações do México e do Canadá a partir de 2 de abril e afirmar que deve divulgar em breve tributação de 25% sobre importações da União Europeia.5º. O saldo de investimentos estrangeiros no mercado secundário da Bovespa, de ações já em circulação, ficou positivo em R$ 847 milhões na segunda-feira, 24 de fevereiro, conforme dados da B3. Com isso, o saldo acumulado no mês no mercado secundário da bolsa brasileira subiu para R$ 4,2 bilhões e, no ano, para R$ 11,0 bilhões. Os estrangeiros respondem por 56,50% do volume negociado na Bovespa em fevereiro e por 57,10% no acumulado do ano.
Send us a textAre you building a business that truly creates value, or just chasing growth?In this episode, Steve breaks down the powerful connection between strategy and finance—and why Return on Invested Capital (ROIC) is the key to long-term success. Discover why profitability alone isn't enough, how 70% of bankrupt companies were still making a profit, and the crucial financial levers that separate thriving businesses from those stuck in survival mode.If you're serious about scaling with precision and maximizing value, this is an episode you can't afford to miss. Tune in now!Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information.Support the show
In this episode of Dividend Talk, we dive into the world of dividend-focused ETFs available to European investors. In the News of the Week, we explore the recent sharp decline in Greggs' share price following its trading update, despite record sales. Is this an opportunity to buy, or should investors look elsewhere? The Listener Questions segment tackles a range of intriguing topics: How to prioritise investments when building a dividend portfolio. Why many REITs show negative ROIC vs WACC differences. Expectations for organic growth in diversified dividend portfolios. A thought experiment involving a €50,000 inheritance and turnaround companies. Finally, we wrap up with stock-specific discussions, including Schneider Electric, PepsiCo, and Eaton, while addressing questions on private equity, T. Rowe Price, and Sonoco Products.
On this Company episode of The Synopsis we cover Perimeter Solutions. Perimeter Solutions is the sole provider of a key fire fighting product, as well as other fire safety solutons. They went public through an acquistion vehicle controlled by Transdigm Founder and Billionaire, Nick Howley, as well as "The Outsiders" Author, William Thorndike. Nick Howley wants to apply the same model that made Transdigm so succesful to Perimeter Solutions. Access the Free Portion of our Perimeter Solutions Exploratory Report Here For full access to all of our in-depth research reports, become a Speedwell Member here. If you need help getting Speedwell Research to become an approved research vendor, so you can expense your subscription, please email info@speedwellresearch.com -*-*-*-*-*-*-*-*-*-*- Show Notes (0:47) Background Story on their Main Firefighting Product (4:42) — Corporate History and Everarc SPAC (7:57) — Aren't SPACs a red flag? Weird Compensation Agreement (13:03) — Business High Level Overview: Fire Safety and Specialty Products (18:45) — Adjusted EBITDA??? (20:30) — Figures and Margins (24:30) — Competitive Advantages of each Business Lines (40:17) — Growth Opportunities (53:22) — Capital Allocation and Transdigm Parallels (1:04:53) — ROIC (1:07:55) — Odd Compensation Arrangement (1:15:47) — Valuation (1:17:34) — You Should Know This -*-*-*-*-*-*-*-*-*-*- Become a Speedwell Member here to gain access to *all* of our in-depth research reports and more! Sign up for Speedwell's free newsletter and weekly memos here *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discusessed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of recording contributors had a position in Perimeter Solutions. Furthermore, accounts contributors advise on also may have a position in Perimeter Solutions. This may change without notice. Please see our full disclaimers here: https://speedwellresearch.com/disclaimer/
In today's episode, Shawn O'Malley (@Shawn_OMalley_) explores the fundamentals of, and merits in, being a long-term, quality-focused investor, using John Huber's success and philosophy as an example to follow. Huber is the rare money manager who truly aligns incentives with his investors by using the template created by Warren Buffett back in his days before Berkshire Hathaway. You'll learn about what makes Huber's fee structure special, Huber's philosophy for investing long-term in high-quality companies, how time-arbitrage gives long-term investors a structural advantage in markets, how to blend both a focus on value and quality, the importance of assessing compounding power, how much to pay for quality companies, how changes in valuation multiples affect returns even for great 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 01:36 - Why John Huber used the Buffett partnership fee structure in his fund 03:44 - How time-arbitrage gives investors an advantage over time 04:55 - What it means to find investments where you can win big, and if you lose, not lose much 11:40 - How to calculate ROIC and why it matters for compounders 28:11 - What price to pay for the highest-quality businesses 32:33 - How changes in price-to-earnings multiples can affect returns over time 35:36 - How to blend both value and quality as investing styles 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. Saber Capital Management's website. Check out What Is Your Investing Edge? Article from John Huber. John Huber's latest interviews on Millennial Investing (YouTube Video) and We Study Billionaires (YouTube Video). Follow John's Substack: Base Hit Investing. Buffett's 1987 shareholder letter discussing returns on capital. 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 Facet Fundrise Public Bluehost Airbnb Fundrise 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
Send us a textIs your business truly profitable, or just looking good on paper? In this episode of Boosting Your Financial IQ, Steve Coughran dives deep into the often-misunderstood world of profitability.Drawing insights from his book Outsizing and research on 300+ companies, he explains why accounting profit doesn't always reflect a company's real financial health. Steve reveals the critical metrics every business owner should know—like return on invested capital (ROIC) and cash flow—and shares surprising findings on how only a small percentage of businesses capture the majority of profits.Tune in to uncover what it really takes to drive lasting value!Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.Register for the free Measure What Matters Webinar here: https://www.coltivar.com/measure-what-matters-webinar Support the show
Clay Finck chats with Alexander Morris about the initial things Alex looks at when analyzing a company, why paying up for quality companies is acceptable for long-term investors, how ROIC plays a role in Alex's investment decisions, why Alex recently added Spotify to his portfolio, how Alex thinks about Spotify's valuation and their path to profitability, and much more! Alexander Morris provides high-quality equity research with deep dive company analysis and complete portfolio transparency through his newsletter, The Science of Hitting. Prior to working on his newsletter full-time, Alex was an analyst for an RIA for 10 years. IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro 03:00 - The initial things Alex looks at when analyzing a company. 08:37 - Why paying up for quality companies is acceptable for long-term investors. 11:33 - How ROIC plays a role in Alex's investment decisions. 13:58 - What the objective of Alex's portfolio is. 32:37 - Why Alex recently added Spotify to his portfolio. 35:59 - How Alex thinks about Spotify's valuation and their path to profitability. 44:38 - The mistakes that Alex has learned over the years. 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. Check out Alex's Newsletter. Read Sven Carlsson's book, The Spotify Play. Read Peter Lynch's book, One Up on Wall Street. Read Peter Lynch's book, Beating the Street. Read Berkshire's shareholder letters. Related episode: Listen to MI149: Peter Lynch & GARP Investing w/ Robert Reynolds, or watch the video. Related episode: Listen to MI131: Richer, Wiser, Happier w/ William Green, or watch the video. 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 Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm 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
© 2020-2025 Ivy Podcast Discovery LLC
