TIP796: Die with Zero & Linde Stock Analysis w/ Clay Finck
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 6 March 2026
⏱️ 61 minutes
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Summary
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| 0:00.0 | You're listening to TIP. |
| 0:02.9 | Today's episode will be broken up into two segments. During the first segment, I'll be discussing |
| 0:08.3 | the book Die with Zero by Bill Perkins. It's a book that challenges some of the core |
| 0:13.0 | assumptions that we have related to money and living a good life. As investors, we spend |
| 0:18.8 | a lot of time thinking about compounding, delayed gratification, |
| 0:22.8 | in long-term wealth creation. But Perkins flips the script and asks a different question. |
| 0:28.8 | What's the point of accumulating wealth if you don't use it to create meaningful experiences |
| 0:33.6 | along the way? Perkins' core idea is simple. Money should be a tool for maximizing |
| 0:39.3 | life experiences, not a scorecard you optimize until the very end. He encourages readers to think |
| 0:46.1 | carefully about the timing of our spending and the reality that our ability to enjoy experiences |
| 0:51.8 | declines as we age. During the second segment, we'll shift gears to talk about a boring but stable compounder |
| 0:58.4 | in the stock market, Lindy PLC. |
| 1:01.4 | From 1993 to year-end 2024, Lindy's stock has compounded at 12% per annum, versus the |
| 1:07.7 | S&P 500 returning 8% over that same time period. |
| 1:11.6 | Lindy is the world's largest industrial gas company, supplying essential products like |
| 1:16.4 | oxygen, nitrogen, and hydrogen, and it touches so many parts of our modern-day economy. |
| 1:22.7 | We'll explore its business model, competitive advantages, capital allocation, and what sort |
| 1:27.3 | of returns shareholders |
| 1:28.7 | can expect from here going forward. So with that, I hope you enjoy today's episode. |
| 1:37.5 | Since 2014 and through more than 190 million downloads, we break down the principles of value |
| 1:44.0 | investing and sit down with some of the world's best asset managers. We break down the principles of value investing and sit down with some of the |
| 1:46.0 | world's best asset managers. We uncover potential opportunities in the market and explore the |
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