We Study Billionaires - The Investor’s Podcast Network

TIP618: Stig's Portfolio Performance since 2014 w/ Stig Brodersen & Clay Finck

Mar 29, 2024

01:26:37

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Stig Brodersen discusses his portfolio performance over 10 years, including investing with Mohnish Pabrai and his biggest investment mistakes. Topics cover private investments, Alibaba misstep, biggest winners, and evolving investment approach.

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Quick takeaways

Stig's portfolio achieved a remarkable 21.4% CAGR over 10 years, surpassing the MSCI All Country World Index.

Investing with Monish Pabrai offers insights into successful track records, transparent fee structures, and aligning interests with fund managers.

Incorporating private investments necessitates careful due diligence to minimize risks and avoid over-reliance on single investments.

Transitioning to quality over discounted pies and focusing on intrinsic value marks an evolution in Broderson's investment strategy.

Deep dives

Stig's Portfolio Performance

Stig Broderson discusses the impressive 21.4% compound annual growth rate (CAGR) of his portfolio over the past 10 years, outperforming the MSCI All Country World Index at 8.9%. He shares insights on investing with Monish Pabrai, incorporation of private investments in his portfolio, and lessons from his investment mistakes and successes. Broderson also reflects on his evolving investment approach focused on capital preservation and quality over discounted pies.

Achieving Returns Exceeding Market Benchmarks

00:52

Measuring Returns Complexity

01:21

Considering consequences alongside probabilities in investing

01:19

Introduction

2min

Navigating Portfolio Performance and Investment Strategies

19min

Evolution of Investment Strategy with Monash

6min

Exploring Unique Private Investment Opportunities and Returns

3min

Navigating the Complexities of Measuring Investment Returns and Introducing Share Site Tool

2min

Reflections on Investment Mistakes and Lessons Learned

18min

Transition in Investment Approach and Quality Companies Focus

9min

Investing in Big Tech and Managing Money for Others

31min

On today’s episode, Clay and Stig discuss the performance of Stig’s portfolio over the past 10 years and what he has learned from managing his portfolio over that time.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:02 - How Stig’s portfolio has performed over the past 10 years.

06:29 - Why Stig invested with Mohnish Pabrai.

28:32 - How private investments fit into Stig’s portfolio.

33:53 - Stig’s biggest investment mistakes.

40:17 - Why investing in Alibaba was a mistake.

46:21 - Stig’s biggest winners.

58:32 - How his approach has changed over the years.

1:08:46 - Whether TIP will ever launch a fund.

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’s blog post on his portfolio and track record since 2014.
Learn more about The Berkshire Summit.
Track your portfolio with Sharesight.
William’s book: Richer, Wiser, Happier.
Episode Mentioned: TIP442: Investing in Stocks w/ Mohnish Pabrai | YouTube Video.
Episode Mentioned: TIP606: Multi-Bagger First Principles w/ Ian Cassel | YouTube Video.
Follow Clay on Twitter.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

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