Navigating Leadership Changes and Investment Returns

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.

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.
• Stig Brodersen’s Portfolio and Track record.
• Listen to Mastermind Discussion Q4 2024 or watch the video. 
• Listen to Mastermind Discussion Q3 2024 or watch the video.
• Listen to Mastermind Discussion Q2 2024 or watch the video.
• Tune in to the Mastermind Discussion Q1 2024 or watch the video.
• Listen to Mastermind Discussion Q4 2023 or watch the video.
• Tune in to the Mastermind Discussion Q3 2023 or watch the video.
• Listen to Mastermind Discussion Q2 2023 or watch the video.
• Tune in to Mastermind Discussion Q1 2023 or watch the video.
• Tobias Carlisle's podcast, The Acquirers Podcast
• Tobias Carlisle's ETF, ZIG.
• Tobias Carlisle's ETF, Deep.
• Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book.
• Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com.
• Tweet directly to Tobias Carlisle.
• Tweet directly to Shawn O'Malley.
• Check out The Intrinsic Value Podcast on X (Twitter).
• Check out all the books mentioned and discussed in our podcast episodes here.
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• Browse through all our episodes (complete with transcripts) here.
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• Learn how to better start, manage, and grow your business with the best business podcasts.

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