TIP767: Mastermind Discussion Q4 2025: Sanofi, Remitly & Crocs w/ Stig Brodersen, Tobias Carlisle, and Hari Ramachandra
We Study Billionaires - The Investor’s Podcast Network
Possible Catalysts and Exit Strategies for Crocs Investors
Tobias outlines catalysts like tariff resolution, buybacks, and turnaround of Hey Dude, plus potential acquisition scenarios.
Stig Brodersen is joined by Tobias Carlisle & Hari Ramachandra for another round of stock pitches. They discuss Sanofi, Remitly, and Crocs.
IN THIS EPISODE YOU’LL LEARN:
00:00:00 - Intro
00:01:54 - Why Hari is bullish on Sanofi’s strong vaccine and immunology pipeline (Ticker: NYSE: SNY)
00:05:30 - The bear case for Sanofi, including patent cliffs
00:19:26 - Why Stig is bullish on Remitly, highlighting operational leverage and a secular shift in digital payments and remittances (Ticker: NASDAQ: RELY)
00:43:10 - The bear case for Remitly, including pursuing the wrong strategy and excessive stock-based compensation
00:50:50 - Why Toby is bullish on Crocs, focusing on valuation and global growth (Ticker: NASDAQ: CROX)
01:02:36 - The bear case for Crocs, including tariffs and changing fashion trends
01:18:08 - Which live events we have planned for our Mastermind Community in 2026 — and how you can join
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 our event in Montana
- Join us in Omaha for Berkshire Hathaway’s annual shareholders’ meeting
- Tobias Carlisle's book, Soldier of Fortune
- Stig Brodersen’s Portfolio and Track record
- Listen to Mastermind Discussion Q3 2025 | YouTube video
- Listen to Mastermind Discussion Q2 2025 | YouTube video
- Listen to Mastermind Discussion Q1 2025 | YouTube video
- Listen to Mastermind Discussion Q4 2024 | YouTube video
- Listen to Mastermind Discussion Q3 2024 | YouTube video
- Listen to Mastermind Discussion Q2 2024 | YouTube video
- Listen to Mastermind Discussion Q1 2024 | YouTube video
- Tobias Carlisle's podcast, The Acquirers Podcast
- Tobias Carlisle's ETF, ZIG
- Tobias Carlisle's ETF, Deep
- Tweet directly to Tobias Carlisle
- Hari's Blog: BitsBusiness.com
- Tweet directly to Hari
- Related books mentioned in the podcast
- Ad-free episodes on 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:
- Simple Mining
- Human Rights Foundation
- Unchained
- HardBlock
- Linkedin Talent Solutions
- Kubera
- Vanta
- reMarkable
- Onramp
- Public.com
- Netsuite
- Shopify
- Abundant Mines
- Horizon
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
The AI-powered Podcast Player
