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Reflections and Future Endeavors in Value Investing
The speakers share final thoughts on their experiences in the mastermind group, emphasizing the importance of value investing. They introduce new resources for business valuation and celebrate the relationships built throughout their journey.
In today's episode, Stig Brodersen is talking stocks with Tobias Carlisle and Shawn O’Malley. Tobias is pitching VeriSign, a business that prints money with high certainty year after year. Stig’s pick is the serial acquirer LIFCO, a wonderful company priced for perfection that he is on his watch list. Shawn’s stock of choice is the compounder, Ulta Beauty.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
03:19 - Why Toby is bullish on VeriSign (Ticker on NASDAQ: VRSN)
07:29 - The bear case of VeriSign, including the threat of AI
26:40 - Stig’s bull case is for Lifco (Ticker on the Swedish Stock Exchange: Lifco-B)
42:35 - The bear case for Lifco, including what it implies to be priced for perfection.
1:07:45 - Why Shawn has invested in Ulta Beauty (Ticker on NASDAQ: ULTA)
1:26:46 - The bear case for Ulta includes competitive pressure from Sephora and the CEO stepping down.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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