TIP751: Mastermind Q3, 2025: Uber, Merck, and Bath & Body Works
We Study Billionaires - The Investor’s Podcast Network
Local Competition and Bitcoin Insurance Solutions
This chapter examines the impact of local competition on Uber's business model, using Ola in India as a case study. It also delves into the insurance landscape for Bitcoin, spotlighting AnchorWatch's robust insurance solutions and custody practices.
In today's episode, Stig Brodersen is talking stocks with Tobias Carlisle and Hari Ramachandra. Stig’s pick is Uber, the world’s largest ride-hailing company. Tobias is pitching Bath & Body Works, a category leader in home and personal fragrance. Hari’s stock of choice is Merck, a pharmaceutical giant that owns the blockbuster oncology drug.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro 02:23 - Stig’s bull case for Uber (Ticker on NYSE: UBER). 17:15 - The bear case for Uber, including the regulatory risk. 58:37 - Why Hari is bullish on Merck (Ticker on NYSE: MRK). 01:12:10 - The bear case for Merck, including the “Keytruda patent cliff.” 01:17:32 - Why Toby is bullish on Bath & Body Works (Ticker on NYSE: BBWI). 01:27:10 - The bear case of Bath & Body Works, including the debt level. 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.
- Stig Brodersen’s Portfolio and Track record.
- Listen to Shawn and Daniel’s episode about Uber.
- Listen to Mastermind Discussion Q2, 2025 or watch the video.
- Listen to Mastermind Discussion Q1, 2025 or watch the video.
- Tobias' podcast, The Acquirers Podcast.
- Tobias' ETFs, ZIG and Deep.
- Tobias' Acquirer's Multiple stock screener: AcquirersMultiple.com.
- Check out all the books mentioned and discussed in our podcast episodes here.
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