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We Study Billionaires - The Investor’s Podcast Network

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

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 17 June 2017

⏱️ 74 minutes

🧾️ Download transcript

Summary

During the 2Q, 2017 we assembled our mastermind group to have a discussion about the best stocks that could outperform the S&P 500.


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 as your dumbest competitor in a commodity business
  • How to validate your investment thesis
  • How Preston and Stig ended up in Bed Bath & Beyond for a guys’ night out

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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TI-P.

0:02.4

Hey, how's everyone doing this week?

0:03.9

So we're really excited about today's show,

0:05.9

because what we're doing is a little bit different

0:07.9

than what we normally do whenever we do our mastermind episodes.

0:10.7

Typically, in the past, whenever we've had these episodes,

0:13.0

what we've done is everyone kind of brings up a topic

0:15.3

that's interesting to them during that quarter.

0:17.8

But this time what we're doing is

0:19.8

every person had to bring one stock pick

0:22.9

to the table of this week's discussion.

0:25.2

As that person brings that stock pick to the table,

0:28.0

they basically give a pitch on why they think

0:30.2

it might be a good idea.

0:31.7

And then what we do is we go around the horn

0:33.5

of everyone in the mastermind and then they kind of shoot holes

0:36.3

and they troubleshoot why that might not be a good pick.

0:39.4

The point behind the way that we're going about this this week

0:41.9

is to show the audience how we're thinking through the problem

0:44.6

and the key questions that we're asking

0:46.6

to try to understand why something might be a good pick

0:49.6

and why something might be a bad pick.

...

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