TIP632: Mastermind Q2, 2024 w/ Tobias Carlisle and Hari Ramachandra

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 19 May 2024

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

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 has put Burberry on this watchlist. Hari’s pick, ICICI Bank Limited, is a solid bet on the rise of India, and Tobias pitches Playtika, a value stock trading at an appealing valuation. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:57 - What are the current economic conditions? 13:37 - Are we entering a world with less disruption? 17:30 - What Stig’s bull case is for Burberry (Ticker: BURBY). 35:18 - The bear case for Burberry, including the current deterioration in the luxury sector. 42:35 - Why Toby has invested in Playtika (Ticker: PLTK). 52:23 - The bear case for Playtika, including the lack of moat and switching costs. 56:01 - Why Hari is bullish on ICICI Bank Limited (Ticker: ICICIBANK). 1:12:47 - The bear case of ICICI Bank Limited, including whether the valuation is stretched. 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. Tune in to the Mastermind Discussion Q1 2024 – TIP610 | YouTube video. Listen to Mastermind Discussion Q4 2023 – TIP586 | YouTube video. Tune in to the Mastermind Discussion Q3 2023 – TIP576 | YouTube video. Listen to Mastermind Discussion Q2 2023 – TIP557 | YouTube video. Tune in to Mastermind Discussion Q1 2023 – TIP528 | YouTube video. Tune in to Mastermind Discussion Q4 2022 – TIP496 | YouTube video. Listen to Mastermind Discussion Q3 2022 – TIP475 | YouTube video. Tune in to Mastermind Discussion Q2 2022 – TIP450 | YouTube video. Listen to Mastermind Discussion Q1 2022 – TIP418 | YouTube video. Stig Brodersen’s portfolio and return. Understanding IFRS16 on operating leases. Tobias Carlisle's podcast, The Acquirers 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. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. 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: River Toyota The Bitcoin Way Vacasa Industrious Meyka AT&T Range Rover Fundrise CI Financial Yahoo! Finance Briggs & Riley iFlex Stretch Studios Public American Express USPS 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0	You're listening to TIP.
0:03.0	In today's mastermind episode, I'm pitching Burberry.
0:06.0	You might not like the clothes and you might not like the lack of insider ownership.
0:11.0	But I do think you're going to love the valuation.
0:13.0	A luxury brand with more than 150 years of history,
0:16.0	trading it only 10 times earnings almost seems too good to be true.
0:20.0	But also, I have to say almost, there is some hair hair on it and you would need a solid margin of safety to invest in this discounted pie type of investment.
0:29.0	Horace Pick ICICI Bank is a solid bet on India's rise.
0:34.0	We're discussing how to position yourself best
0:36.4	if you agree with the bold thesis on India,
0:38.9	including what might look like an over-strad's valuation. Tobias Pitts is Plateiga.
0:44.0	This is a stock with 70% gross margins and 20% operating margins,
0:48.0	and is trading at a surprisingly appealing valuation.
0:51.0	Yes, there are some headwinds. So therefore we are
0:55.0	considering are these secular or their short-term issues. Now without further
0:59.2	delay here is our Q2 2024 mastermind discussion.
1:06.3	Celebrating 10 years and more than 150 million downloads.
1:10.5	You are listening to the Investors Podcast Network.
1:13.0	Since 2014, we studied the financial markets and read the books that influence
1:18.0	self-made billionaires the most.
1:20.0	We keep you informed and prepared for the unexpected.
1:23.2	Now for your host, host Dick Brodison and I'm here today
	...

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