5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP557: Mastermind Q2 2023 w/ Tobias Carlisle and Hari Ramachandra

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Risks of the SEC Changing the Nature of the Market

Doby: I don't think that it has the donut risk. They are very good at generating free cash flow. The business seems to scale quite nicely. There's a little bit of debt in there, but they've been doing some acquisitions. But if volatility completely drains away and the SEC does something, then there's always the risk that something happens there.

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