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

TIP599: Top Stocks for 2024 w/ Jonathan Boyar

We Study Billionaires - The Investor’s Podcast Network

NOTE

Analysis of Interactive Brokers

Interactive Brokers has a history of profitability and a pristine, yet lazy, balance sheet. The company's catalysts for growth include the possibility of increasing dividends, a big share buyback, or a potential sale given the CEO's age. The founder, who is almost 80 years old, owns 68% of the shares, and insiders overall own 76.2% of the shares. Over the past decade, the company transitioned from being an options market maker to launching an online trading platform, a move that proved successful despite their minimal marketing efforts.

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