This chapter explores the history and growth of the speaker's insurance business, specifically focusing on their shift towards providing niche insurance for classic cars. They discuss the importance of catering to the classic car enthusiast community, partnering with big insurance companies to protect appreciated value, handling claims for classic cars, and their involvement in car auctions. Additionally, they highlight the company's membership program, the Hagerty Drivers Club, which aims to engage with customers beyond just selling insurance by offering roadside assistance, discounts, and access to events.
Netflix’s premium tier is now nearly twice as expensive as it was a decade ago – is this pricing power or an effort to move more users to its new ad tier?
(00:14) Jason Moser and Matt Argersinger discuss: - Netflix’s price increases, and why the economics of its new advertising approach might be better than its subscriber business. - How making EVs affordable is eating into Tesla’s industry-leading margins. - The Craig Jelenik era at Costco and how the company is doing succession right.
(19:04) Motley Fool Money’s Deidre Woollard caught up with McKeel Hagerty, CEO of Hagerty about his company’s focus – insuring classic cars, as well as his favorite ride, and the unique ways Hagerty tries to reach new customers.
(32:11) Jason and Matt break down two stocks on their radar: Chipotle and Home Depot.
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Stocks discussed: NFLX, TSLA, COST, PLD, BX, TSM, HGTY, CMG, HD
Host: Dylan Lewis Guests: Jason Moser, Matt Argersinger, McKeel Hagerty, Deidre Woollard Engineers: Rick Engdahl, Chace Przylepa
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