The Intrinsic Value Podcast - The Investor’s Podcast Network

MI370: The Company Behind The S&P 500: Valuing S&P Global w/ Daniel Mahncke

6 snips
Sep 23, 2024
Guest
Daniel Mahncke
Daniel Mahncke, a stock investor and founder of The All-in-One Investing Platform, dives into the multifaceted world of S&P Global. He explains the company's pivotal role in financial markets, detailing its five crucial business units. The discussion highlights how the merger with IHS Markit reshaped S&P Global's future and addresses the company's controversial past amid the Great Financial Crisis. Mahncke also explores the significance of credit ratings and examines the latest valuation insights, painting a comprehensive picture of what makes S&P Global an attractive investment.
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INSIGHT

S&P Is More Than Just An Index

  • S&P Global is far more than the S&P 500 index; it combines ratings, indices, and large data businesses under one roof.
  • Its Capital IQ platform and data products power many financial institutions and services like Yahoo Finance.
ANECDOTE

How Standard & Poor's Became S&P Global

  • S&P's name traces to the 1941 merger of Poor's Publishing and Standard Statistics under McGraw-Hill.
  • The company evolved via purchases and spin-offs into today's S&P Global brand.
INSIGHT

IHS Deal Boosted Data And Synergies

  • The IHS Markit acquisition expanded S&P's data footprint, adding pricing, forecasts, and mobility data.
  • The deal aimed for ~$700M cash flow synergies and cross-selling IHS products to S&P clients.
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