TIP681: Mastermind Q4, 2024 w/ Stig Brodersen, Tobias Carlisle, and Hari Ramachandra

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 8 December 2024

⏱️ 85 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 Evolution is one of them. Hari’s pick, Occidental Petroleum, a stock Buffett has recently added to, and Tobias pitches Alpha Metallurgical Resources, a value stock that Mohnish Pabrai has loaded up on. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:34 - What to make of Berkshire’s $300B+ cash pile 33:16 - Stig’s bull case is for Evolution (Ticker on the Swedish Stock Exchange: EVO) 41:03 - The bear case for Evolution, including why their margins will likely decline 44:02 - Why Hari is bullish on Occidental Petroleum (Ticker on NYSE: OXY) 47:44 - The bear case of Occidental Petroleum, including macro headwinds 56:46 - Why Toby has invested in Alpha Metallurgical Resources (Ticker on NYSE: AMR) 1:06:28 - The bear case for Alpha Metallurgical Resources, including the role of China 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 Mastermind Discussion Q3 2024 or watch the video. Listen to Mastermind Discussion Q2 2024 or watch the video. Tune in to the Mastermind Discussion Q1 2024 or watch the video. Listen to Mastermind Discussion Q4 2023 or watch the video. Tune in to the Mastermind Discussion Q3 2023 or watch the video. Listen to Mastermind Discussion Q2 2023 or watch the video. Tune in to Mastermind Discussion Q1 2023 or watch the video. Stig Brodersen’s Portfolio and Track record. Occidental Petroleum’s 2023 annual report. 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 Connect Invest TastyTrade Miro American Express The Bitcoin Way Public Fidelity Fundrise Onramp SimpleMining ReMarkable Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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	Welcome to the Q4-20204 mastermind discussion with my friends, Tobias Carlisle and Hiramatandra.
0:10.0	I only have five stocks in my portfolio, and in this episode I'll outline why evolution is one of them.
0:15.7	Horace Pick is Occidental Petroleum, and all-in-gas stock that Buffett has been buying since 2022, and it's
0:21.7	porous to get various tailwinds.
0:23.8	And speaking of tailwinds, you might be surprised to learn that in a world where renewables
0:28.1	is on the rise, that Toby's pick alpha metallurgical resources is riding the renewables
0:33.3	wave.
0:34.6	Because to go green, you need met coal, and you need a lot of med coal. Now, before we start
0:40.4	talking about individual stock picks, we open our discussion with Buffett's $300 billion plus massive
0:47.1	cash pile. Let's go. Celebrating 10 years and more than 150 million downloads.
0:56.7	You are listening to the Investors Podcast Network.
0:59.4	Since 2014, we studied the financial markets and read the books that influence self-made billionaires the most.
1:06.1	We keep you informed and prepared for the unexpected.
1:09.3	Now, for your host,
1:11.7	Stig Broderson.
1:22.5	Welcome to The Ammastersters Podcast.
1:24.0	I'm your host, Dick Broderson.
1:28.2	And today, as always, I'm here with Tobias Carlisle and Harry Ramachandra.
1:29.6	How are you today, Jans?
1:32.0	Hey, Stig, good to see. Good to see, Harry.
1:33.7	Good to see you both.
	...

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