AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
TIP647: Value Investing Masterclass w/ Soo Chuen Tan
We Study Billionaires - The Investor’s Podcast Network
Value Lies in Substance, Not Illusions
Short-termism in corporate strategy leads companies to outsource critical functions such as R&D, manufacturing, and sales, resulting in fragmented businesses with inflated valuations. This trend is evident in industries like pharmaceuticals and software, where firms prioritize acquisitions over maintaining core competencies, effectively stripping away competitive advantages. The rise of such corporations, despite lacking essential development capabilities, highlights a troubling shift in modern capital markets, further fueled by Gresham's Law, which posits that poor practices can dominate good ones.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode