The Dutch Investors

Mostapha (Compound with AI) — long-term investor and engineer who builds AI prompt libraries for investors. He explains why AI speeds and deepens research. He compares closed-loop and open-loop tools. He shares workflows: industry-first analysis, notebook LMs for deep document review, and practical prompting tips. He warns what AI should not do and stresses linking AI to your investing process.

Amir (Emir) of Type-F Capital, a data-driven equity researcher known for deep Excel-led company dives, tackles whether PayPal is misunderstood. He discusses why the stock crashed, KPIs to watch for a turnaround, buyback and take‑private optionality, PayPal’s data vault moat, Venmo monetization, competition and ads upside. Short, analytical and contrarian.

Explore how the collapse can spark creativity, with history showing that great innovations often arise from desperate situations. Discover the risks of ideas growing too large, illustrated by tragic tales like Starbucks' fall. Delve into the contrast between rapid calamity and slow progress, using the Silicon Valley Bank crisis as a prime example. Uncover the powerful impact of seemingly minor events that reshaped the 20th century. Finally, learn the balance of optimism and pessimism in investing, backed by the wisdom of historical figures.

Dive into the timeless patterns of human behavior that shape our decisions, particularly in finance and risk. Explore the intriguing concept of low expectations as a pathway to happiness. Discover how compelling narratives often triumph over cold hard stats, backed by powerful examples. Understand the crucial role of the unquantifiable aspects of leadership and survival through historical stories. Finally, learn how prolonged stability can lead to reckless behavior, culminating in inevitable crashes.

In today’s episode, I’m joined by Peter from the Margin of Sanity podcast and Substack. We kick off 2026 by pitching two of our favorite high-conviction companies each. We focused on businesses with durable competitive advantages and valuations that allow us to sleep at night.Our picks span the globe, featuring a monopoly-like business hiding in plain sight, a Polish compounder, and a Chinese master brand that dominates its category. We also analyze an American powerhouse that has cornered the market on pools, a company that thrives on recurring maintenance.Support the show You can also find us on: X ⁠@DutchInvestors⁠ Substack ⁠@The Dutch Investors⁠ Instagram ⁠@The Dutch Investors⁠ Become a TDI-member! A new company deep-dive every 14 days! Available as podcast and written report Exclusive TDI-member community 24/7 live access to our personal portfolio's Updates on all our buys & sells Exclusive monthly newsletter Exclusive industry reports & articles Early access to interviews All future updates and features! We are proud partners of Fiscal. Save 15% on any Fiscal.ai plan! Disclaimer:Nothing in this podcast can be considered financial advice. This is for educational purposes only. We may hold positions in the businesses discussed. Do your own research.

One year. 34 companies. A handful of lessons every investor should internalize. This episode extracts the recurring themes and investing lessons that surfaced across 2025.Wishing you a healthy and successful 2026.Support the show You can also find us on: X ⁠@DutchInvestors⁠ Substack ⁠@The Dutch Investors⁠ Instagram ⁠@The Dutch Investors⁠ Become a TDI-member! A new company deep-dive every 14 days! Available as podcast and written report Exclusive TDI-member community 24/7 live access to our personal portfolio's Updates on all our buys & sells Exclusive monthly newsletter Exclusive industry reports & articles Early access to interviews All future updates and features! We are proud partners of Fiscal. Save 15% on any Fiscal.ai plan! Disclaimer:Nothing in this podcast can be considered financial advice. This is for educational purposes only. We may hold positions in the businesses discussed. Do your own research.

In Part 2 of our 2025 recap, we dig deeper into the invisible mechanics that separate good businesses from great investments. We explore why so-called 'safe' strategies can sometimes be the riskiest moves of all, how the psychology of the ultra-wealthy defies economic rules, and why the most powerful moats are often found in the unsexiest industries.We uncover the truths learned from over 1,600 hours of research.Enjoy.Support the show You can also find us on: X ⁠@DutchInvestors⁠ Substack ⁠@The Dutch Investors⁠ Instagram ⁠@The Dutch Investors⁠ Become a TDI-member! A new company deep-dive every 14 days! Available as podcast and written report Exclusive TDI-member community 24/7 live access to our personal portfolio's Updates on all our buys & sells Exclusive monthly newsletter Exclusive industry reports & articles Early access to interviews All future updates and features! We are proud partners of Fiscal. Save 15% on any Fiscal.ai plan! Disclaimer:Nothing in this podcast can be considered financial advice. This is for educational purposes only. We may hold positions in the businesses discussed. Do your own research.

Nicholas from Heavy Moat Investments joins to unpack Cellebrite, a powerhouse in digital forensics. He shares insights on its evolution from mobile transfers to a leader in law enforcement data recovery. The discussion dives into the impact of rising digital evidence and encryption on police workflows. Nicholas also highlights Cellebrite's competitive advantages and potential for acquisition, while weighing the risks of innovation and ethical dilemmas. With a focus on market expansion and financial stability, it's a fascinating glimpse into a unique industry.

Since starting The Dutch Investors, we’ve completed over 70 deep dives. But 2025 was different. We spent 1,600 hours analyzing 34 specific companies to refine our investing universe.In this series, we are sharing the output of that massive project.In Part 1 of this special 3-part series, we are opening up our research notes to share the biggest lessons learned from expanding our universe. We kick things off by looking at what separates a good business from a superb one and why high margins don't always equal a durable moat.Support the show You can also find us on: X ⁠@DutchInvestors⁠ Substack ⁠@The Dutch Investors⁠ Instagram ⁠@The Dutch Investors⁠ Become a TDI-member! A new company deep-dive every 14 days! Available as podcast and written report Exclusive TDI-member community 24/7 live access to our personal portfolio's Updates on all our buys & sells Exclusive monthly newsletter Exclusive industry reports & articles Early access to interviews All future updates and features! We are proud partners of Fiscal. Save 15% on any Fiscal.ai plan! Disclaimer:Nothing in this podcast can be considered financial advice. This is for educational purposes only. We may hold positions in the businesses discussed. Do your own research.

Follow Secret Sauce Investing on SubstackNintendo is one of those companies everyone knows.In this episode, we take a look at what’s driving Nintendo today, what the launch of the Switch 2 means and why its intellectual property might be both its greatest strength and its biggest constraint.This is a deep dive for anyone who grew up with Nintendo, invests in companies with strong IP, or simply wants to understand why some businesses endure for decades while others fade away.Support the show You can also find us on: X ⁠@DutchInvestors⁠ Substack ⁠@The Dutch Investors⁠ Instagram ⁠@The Dutch Investors⁠ Become a TDI-member! A new company deep-dive every 14 days! Available as podcast and written report Exclusive TDI-member community 24/7 live access to our personal portfolio's Updates on all our buys & sells Exclusive monthly newsletter Exclusive industry reports & articles Early access to interviews All future updates and features! We are proud partners of Fiscal. Save 15% on any Fiscal.ai plan! Disclaimer:Nothing in this podcast can be considered financial advice. This is for educational purposes only. We may hold positions in the businesses discussed. Do your own research.