TIP610: Mastermind Q1, 2024 w/ Tobias Carlisle and Hari Ramachandra

TIP610: Mastermind Q1, 2024 w/ Tobias Carlisle and Hari Ramachandra

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig only owns five individual stocks, and in this episode, he outlines why he is still bullish on Spotify. Hari’s pick, Disney, has recently been extremely volatile, and Tobias pitches Mueller Industries, a value stock trading at an appealing valuation. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 06:25 - Why Hari is bullish on Disney (Ticker: DIS) 12:09 - The bear case of Disney, including increasing competition, valuation, and debt levels 35:33 - Why Stig has invested in Spotify (Ticker: SPOT) as one of the five stocks he owns 48:44 - The bear case for Spotify, including the dependency on Alphabet 58:18 - Why Toby has invested in Mueller Industries (Ticker: MLI) 1:06:46 - The bear case for Mueller Industries, including the end of the building phase and competitive Chinese pressures 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. Listen to the Mastermind Discussion Q4 2023 – TIP586 | Youtube video. Tune in to the Mastermind Discussion Q3 2023 – TIP576 | Youtube video. Listen to the Mastermind Discussion Q2 2023 – TIP557 | Youtube video. Tune in to the Mastermind Discussion Q1 2023 – TIP528 | Youtube video. Listen to the Mastermind Discussion Q1 2022 – TIP418 | Youtube video. Tune in to the Mastermind Discussion Q2 2022 – TIP450 | Youtube video. Listen to the Mastermind Discussion Q3 2022 – TIP475 | Youtube video. Tune in to the Mastermind Discussion Q4 2022 – TIP496 | Youtube video. Tobias Carlisle's podcast, The Acquirer's Podcast. Tobias Carlisle's ETF, ZIG. Tobias Carlisle's ETF, Deep. Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book. Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com. Tweet directly to Tobias Carlisle. Hari's Blog: BitsBusiness.com. Tweet directly to Hari Ramachandra. Check out all the books mentioned and discussed in our podcast episodes here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: HardBlock Human Rights Foundation Vanta Plus500 Netsuite Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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TIP147: Billionaire Charlie Munger and the Daily Journal (Business Podcast)

TIP147: Billionaire Charlie Munger and the Daily Journal (Business Podcast)

IN THIS EPISODE, YOU’LL LEARN: What would happen if we all bought index funds. What the future holds for money managers. Why it would be delusional to think you understand the future of payment sys...

15 Juli 201742min

TIP146: Superforecasting - The Art and Science of Predicting (Business Podcast)

TIP146: Superforecasting - The Art and Science of Predicting (Business Podcast)

IN THIS EPISODE, YOU’LL LEARN: The right framework for making correct forecasts. How to prevent confirmation bias for your investments. Why financial experts are storytellers rather than forecaster...

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TIP145: Bitcoin and Ethereum w/ Tuur Demeester (Business Podcast)

TIP145: Bitcoin and Ethereum w/ Tuur Demeester (Business Podcast)

IN THIS EPISODE, YOU’LL LEARN: What the fundamental value of Bitcoin is. Why Bitcoin might continue to be the dominant cryptocurrency. Why Bitcoin is expected to split into multiple currencies. Th...

1 Juli 20171h 3min

TIP144: Billionaire Howard Schultz' book, Onward - A Story About Starbucks (Business Podcast)

TIP144: Billionaire Howard Schultz' book, Onward - A Story About Starbucks (Business Podcast)

IN THIS EPISODE, YOU’LL LEARN: The story behind Starbucks and how it got to where it is today. How Starbucks’ growth strategy failed and how it was fixed. Why successful leaders are obsessive about...

24 Juni 201735min

TIP143: Mastermind Discussion 2Q 2017 - Four Stock Picks to Beat the Market (Investing Podcast)

TIP143: Mastermind Discussion 2Q 2017 - Four Stock Picks to Beat the Market (Investing Podcast)

IN THIS EPISODE, YOU’LL LEARN: Which 4 stock picks that might outperform the S&P 500. How to invest when real assets have never been cheaper compared to financial assets. Why you are only as smart ...

17 Juni 20171h 9min

TIP142: The Startups of Uber and Airbnb w/ NY Times Best Selling Author Brad Stone (Business Podcast)

TIP142: The Startups of Uber and Airbnb w/ NY Times Best Selling Author Brad Stone (Business Podcast)

IN THIS EPISODE, YOU’LL LEARN: How much skill and luck is behind the success of Uber and Airbnb. Why investors are currently paying close to $70B to own a company that loses $4B a year. Why the nex...

10 Juni 201742min

TIP141: (Part II) Warren Buffett and Charlie Munger at the Berkshire Hathaway Shareholders Meeting 2017 - (Business Podcast)

TIP141: (Part II) Warren Buffett and Charlie Munger at the Berkshire Hathaway Shareholders Meeting 2017 - (Business Podcast)

IN THIS EPISODE, YOU’LL LEARN: How Warren Buffett estimates the intrinsic value of Berkshire Hathaway. How artificial intelligence might impact Berkshire Hathaway. What Warren Buffett has learned a...

3 Juni 201751min

TIP140: Warren Buffett and Charlie Munger at the Berkshire Hathaway Shareholders Meeting 2017 (Part 1) - (Business Podcast)

TIP140: Warren Buffett and Charlie Munger at the Berkshire Hathaway Shareholders Meeting 2017 (Part 1) - (Business Podcast)

IN THIS EPISODE, YOU’LL LEARN: Why Warren Buffett recently sold IBM stocks and bought Apple instead How much Warren Buffett thinks the Berkshire stock will compound its intrinsic value over the next...

27 Maj 201751min

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