We interview and study famous financial billionaires, including Warren Buffett, Ray Dalio, and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market. We Study Billionaires is the largest stock investing podcast show in the world with 180,000,000+ downloads and is hosted by Stig Brodersen, Preston Pysh, William Green, Clay Finck, and Kyle Grieve. This podcast also includes the Richer Wiser Happier series hosted by best-selling author W ...
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Presented by The Investors Podcast Network with over 10 million downloads — home to the popular We Study Billionaires podcast, The Intrinsic Value Podcast is a new show focused on breaking down businesses, estimating their intrinsic value per share, and deciding whether they should be added to an ongoing portfolio of stocks built out each week. From assessing the monopoly power of Google to determining the fair value of publicly-traded sports franchises, no topics is off limits in the pursui ...
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THIS SHOW HAS MOVED — The Real Estate 101 show's content hasn't changed, but it has been combined with our other podcast "Millennial Investing" in that podcast feed. You can find it by searching "Millennial Investing" in your podcast app, or by going to: https://link.chtbl.com/MillennialInvesting Real Estate 101 by The Investor's Podcast Network is hosted by Robert Leonard. He brings on a wide range of guests, from fellow "newbie" investors investing as a side hustle to full-time multimillio ...
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TIP703: Richer, Wiser, Happier Q1, 2025 w/ Stig Brodersen & William Green
2:10:19
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2:10:19On today’s show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” In their quest for meaningful relationships and being the best version of themselves, they discuss what has made them Richer, Wiser, or Happier in the past quarter. You’re invited to join them on their journey. IN THIS EPISODE YOU’LL LEARN: 00:…
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TIVP012: Hershey (HSY): A Deliciously Beaten Down Stock? w/ Shawn O'Malley & Daniel Mahncke
1:30:45
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1:30:45In today’s episode, Shawn O’Malley and Daniel Mahnke break down Hershey (ticker: HSY), a company about so much more than chocolate. From Hershey’s Kisses to Reese’s, Skinny Pop, and Dot’s Pretzels, Hershey’s is home to a number of iconic brands and is turning into an increasingly diversified snacking company. In this episode, you’ll learn how Hersh…
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TIP708: Why Wall Street’s Playbook Is Broken w/ Harris Kupperman
1:19:13
1:19:13
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1:19:13On today’s episode, Kyle Grieve chats with Harris Kupperman about his investing strategy based around concentrated bets on macro and events. Harris has decades of market experience and shares his thoughts on why investors have so much difficulty navigating the markets. Harris Kupperman is Praetorian Capital Management LLC's founder and chief invest…
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TIP707: The Collapse of Long-Term Capital Management w/ Clay Finck
1:20:48
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1:20:48In this episode, Clay explores When Genius Failed by Roger Lowenstein, the gripping story of the rise and fall of Long-Term Capital Management (LTCM). Founded by Wall Street’s brightest minds, including Nobel Prize-winning economists, LTCM generated astronomical returns using complex mathematical models and extreme leverage—until a financial crisis…
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BTC226: Bitcoin Mastermind Discussion Q1 2025 (Bitcoin Podcast)
1:17:18
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1:17:18In this episode, Preston Pysh, Jeff Ross, American Hodl, and Joe Carlasare explore the implications of dollar weakness, overall liquidity, and the impact of Bitcoin bonds. They break down SBR, SAB 121, and recent legal updates, while also explaining the Supplemental Leverage Ratio (SLR). They also discuss whether tariffs are truly inflationary, MMT…
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TIVP011: Nintendo (NTDOY): “Switching” It Up w/ Daniel Mahncke and Shawn O'Malley
1:42:39
1:42:39
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1:42:39In today’s episode, Daniel Mahncke and Shawn O’Malley break down Nintendo (ticker: NTDOY), a global gaming powerhouse. With its legendary franchises, expanding digital services, and a growing presence beyond gaming, Nintendo is evolving into a broader entertainment empire. As the company focuses on building an everlasting ecosystem and shifting tow…
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RWH055: The Inner Scorecard w/ Pico Iyer
2:16:53
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2:16:53In this episode, William Green welcomes back Pico Iyer, one of his all-time favorite guests. Pico is a famed author & speaker whose TED talks have been viewed about 12 million times. Here, he discusses his new book, “Aflame,” which explores how to find peace of mind, happiness & clarity amid extreme uncertainty & accelerating change. This episode i…
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TIP706: The Founder's Mindset w/ Cristiano Souza
1:09:33
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1:09:33On today’s episode, Clay is joined by Cristiano Souza to discuss his three primary criteria in identifying an excellent business. Cristiano Souza is the founder of Zeno Equity Partners, a firm he started in 2022 after spending 28 years at Dynamo. From 1994 through 2015, he was on the team that managed the Dynamo Cougar fund, which invested in high-…
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BTC225: Bitcoin Revolutionizing Renewable Energy w/ Daniel Batten (Bitcoin Podcast)
1:01:48
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1:01:48In this episode, Daniel Batten discusses how Bitcoin is driving advancements in renewable energy, the decentralization of global hash rates and mining pools, and the rise of heat reuse technology. Together with Preston, they explore innovations in mining, the potential of zinc recycling and methane capture, the intersection of AI and Bitcoin, and t…
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TIVP010: Airbnb (ABNB): A Silicon Valley Gem w/ Shawn O’Malley
1:10:04
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1:10:04In today’s episode, Shawn O’Malley (@Shawn_OMalley_) breaks down Airbnb (ticker: ABNB), a dominant and disruptive business in the hospitality industry. Airbnb has changed how the world travels, convincing millions to spend a night in a stranger’s home, similar to how Uber convinced the world to ride in strangers’ vehicles. Shawn explores how Airbnb…
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TIP705: The Quiet Winners: Unveiling Hidden Value w/ Adam Wilk
1:19:13
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1:19:13On today’s episode, Kyle Grieve chats with Adam Wilk about the powers of incremental improvement, what he learned as an NBA scout about finding hidden value, why making the investing process more labour intensive has led to outperformance, the hidden difficulties of identifying quality in small-cap stocks, how to utilize aspects of special situatio…
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On today’s episode, Clay is joined by Tae Kim to discuss his new book, The Nvidia Way, which outlines the making of one of the greatest tech businesses in the world. Nvidia is the darling of the age of artificial intelligence as its chips are powering the generative-AI revolution, and demand is insatiable. Since the IPO in 1999, shares of Nvidia ar…
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BTC224: Global Liquidity and Bitcoin w/ Matthew Mezinskis (Bitcoin Podcast)
1:02:08
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1:02:08In this episode, Preston and Matthew dive deep into Bitcoin’s design, its ability to protect financial autonomy, and the macroeconomic trends shaping its value. Matthew breaks down Bitcoin price models, stock-to-flow analysis, and the role of global liquidity. They also explore the impact of Layer-2 solutions and make bold predictions about Bitcoin…
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TIVP009: Blue Owl Capital (OWL): The Next Blackstone? w/ Shawn O’Malley
1:13:51
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1:13:51In today’s episode, Shawn O’Malley (@Shawn_OMalley_) breaks down Blue Owl Capital (ticker: OWL), an emerging giant in the world of alternative asset management that specializes in private credit. Blue Owl has quickly grown its assets under management to over $230 billion and is one of the few SPACs from 2020 to work out, yet Shawn explores whether …
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TIP702: Hedging Against Market Crashes w/ Kris Sidial
57:34
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57:34On today’s episode, Clay is joined by Kris Sidial to discuss tail risk hedging. A tail risk hedging strategy is designed to help investors protect their portfolios from extreme market downturns, reducing the risk of significant capital loss. By mitigating large drawdowns, investors can potentially achieve a smoother return profile over time, enhanc…
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BTC223: Tether's 13.7 Billion in Profits w/ Paolo Ardoino (Bitcoin Podcast)
1:01:12
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1:01:12In this episode, Preston and Paolo discuss Tether’s massive $13.7 billion profit, its growing strategic importance, and whether Wall Street banks will enter the stablecoin space. They also explore Tether’s expansion into AI, real estate, and Brain-Computer Interfaces, alongside its big move to El Salvador. They also discuss what running Tether on L…
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TIVP008: VeriSign (VRSN): The Internet’s Toll Road w/ Shawn O’Malley
1:04:07
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1:04:07In today’s episode, Shawn O’Malley (@Shawn_OMalley_) breaks down VeriSign, a company that underpins the functioning of the internet. VeriSign acts like a toll road, collecting fees from anyone using website domains ending in .com or .net, in exchange for managing the global domain registry system and making these domains accessible. VeriSign is a f…
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TIP701: Against The Gods w/ Kyle Grieve
1:08:31
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1:08:31In today's episode, Kyle Grieve discusses the book Against The Gods and how risk has evolved over history, why risk management was deeply routed in gambling, how the insurance industry was launched, revolutionary learnings on risk from brilliant historical figures, how regression was formulated and how it tricks investors, the two economists who up…
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TIP700: How to Invest during Fiscal Dominance w/ Lyn Alden
1:05:18
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1:05:18On today’s episode, Clay is joined by Lyn Alden to discuss fiscal dominance and its implications for investors. While many value investors claim that following the macro environment isn’t all that important, Lyn makes the compelling case that fiscal dominance has a considerable impact on financial markets overall. IN THIS EPISODE YOU’LL LEARN: 00:0…
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BTC222: Top 5 Bitcoin Clips of Q1 2025 w/ Joe Burnett (Bitcoin Podcast)
1:02:50
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1:02:50In this episode, Joe Burnett and Preston Pysh analyze five key video clips featuring insights from Michael Saylor, Trace Mayer, Nik Bhatia, Tad Smith, and Howard Lutnick. They explore Bitcoin’s role in capital flow, how it disrupts traditional incentives, the mechanics of fiat money, the impact of monetary expansion on asset prices, and Bitcoin’s g…
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TIVP007: AutoZone (AZO): Under The Hood w/ Shawn O’Malley
1:10:57
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1:10:57In today’s episode, Shawn O’Malley (@Shawn_OMalley_) breaks down AutoZone, ticker: AZO, a 100-bagger stock that continues to wow investors with its massive share repurchases after already buying back more than 90% of its total shares outstanding in the past two decades. AutoZone is a seemingly mundane auto parts retailer, a common store you’ve prob…
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TIP699: Unlocking High-Growth Investments w/ Jason Donville and Jesse Gamble
1:12:39
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1:12:39In today's episode, Kyle Grieve chats with Jason Donville and Jesse Gamble about their investing philosophy, their emphasis on focusing on growth and value, their evolution from using ROE-focused metrics to the rule of 40 to identify great investing opportunities, how to use the rule of 40 to add high performing businesses to a watchlist, how the m…
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TIP698: Best Quality Stock Idea Q1 2025 w/ Clay Finck & Kyle Grieve
1:12:27
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1:12:27On today’s episode, Clay and Kyle give an overview of their best quality stock idea for Q1 2025. This quarter, they discuss AppFolio. AppFolio is a high-growth software company revolutionizing property management. Clay and Kyle explore its impressive revenue growth, competitive advantages, and how AI-driven innovations like Realm-X are helping AppF…
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BTC221: Bitcoin Self-Repaying Mortgage Products w/ CJ Konstantinos (Bitcoin Podcast)
1:02:10
1:02:10
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1:02:10CJ Konstantinos, founder of People’s Reserve, shares his journey into Bitcoin, the philosophy behind his company, and groundbreaking products like self-paying mortgages. Discover insights on Bitcoin-backed loans, navigating regulatory challenges, and the evolution of traditional banking in a Bitcoin-driven world. IN THIS EPISODE YOU’LL LEARN: 00:00…
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TIVP006: Vital Farms (VITL): Egg-cellent Value? w/ Shawn O'Malley
1:12:05
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1:12:05In today’s episode, Shawn O’Malley (@Shawn_OMalley_) breaks down Vital Farms, a company that sells pasture-raised eggs with a cult-like following. Vital Farms missed the memo that eggs are supposed to be a commodity and instead has brought the “premium egg” market mainstream. Shawn goes through how the company has scaled its business sustainably an…
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RWH054: Billionaire Brit w/ Terry Smith
2:25:40
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2:25:40In this episode, William Green chats with British investing legend Terry Smith. Terry, a member of Bloomberg’s index of billionaires, manages the Fundsmith Equity Fund, which is the UK’s largest stock fund. Since 2010, it’s returned more than 600%, beating the MSCI World Index by over 200 percentage points. Here, Terry talks in depth about the skil…
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TIP697: The Secret to Buffett’s Business Success w/ Lawrence Cunningham
1:07:46
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1:07:46On today’s episode, Clay is joined by Lawrence Cunningham to discuss the value of trust-based cultures and organizations, and the value Warren Buffett has created by implementing such an approach at Berkshire Hathaway. Cunningham is the Director of the University of Delaware's John L. Weinberg Center for Corporate Governance. He’s the sitting direc…
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BTC220: US dollars on Bitcoin Lightning w/ Luke Gromen (Bitcoin Podcast)
46:58
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46:58Bitcoin’s Lightning Network is evolving into a global payments system, with over 21,000 active nodes enabling fast, low-cost transactions. Tether’s integration of USDT via the Taproot Asset Protocol could disrupt traditional finance, lowering transaction costs and increasing efficiency. This shift challenges banks and payment networks like Visa and…
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TIVP005: Alphabet (GOOGL): Searching for Quality w/ Shawn O’Malley
1:16:13
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1:16:13In today’s episode, Shawn O’Malley (@Shawn_OMalley_) breaks down Alphabet — the parent company of Google, which is one of the most valuable companies in the world and probably an important part of your everyday life. Shawn explores how Google got its start, how Alphabet makes money from seemingly-free services like Gmail, Google Maps, and Google Ea…
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TIP696: Mastermind Discussion Q1, 2025 w/ Stig Brodersen, Tobias Carlisle, and Shawn O'Malley
2:00:31
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2:00:31In today's episode, Stig Brodersen is talking stocks with Tobias Carlisle and Shawn O’Malley. Tobias is pitching VeriSign, a business that prints money with high certainty year after year. Stig’s pick is the serial acquirer LIFCO, a wonderful company priced for perfection that he is on his watch list. Shawn’s stock of choice is the compounder, Ulta…
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TIP695: The Story of Tencent: China's Tech Behemoth w/ Clay Finck
1:14:46
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1:14:46While the mainstream headlines often focus on the Magnificent Seven, we’re diving into a global powerhouse that often flies under the radar — Tencent. Based in Shenzhen, China, Tencent is a giant in gaming, social media, and cloud services. From the creation of WeChat—a super-app with over a billion monthly users—to investments in companies like Te…
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BTC219: The Big Print w/ Lawrence Lepard
1:02:46
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1:02:46This episode dives deep into the systemic issues of broken money, the hidden impact of inflation, and the concentration of power in financial systems. Our guest unpacks how sound money, Bitcoin, and decentralization could lead to a fairer, more stable society. We discuss historical cycles, societal consequences, and practical steps for individuals …
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TIVP004: John Deere (DE): Sowing the Seeds of Growth w/ Shawn O’Malley
1:12:53
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1:12:53In today’s episode, Shawn O’Malley (@Shawn_OMalley_) breaks down John Deere, a company as American as Levi’s blue jeans and apple pie. John Deere is a fascinating business because it has survived for nearly two hundred years and remained an industry leader for much of that time, continually building their world-famous green-and-yellow tractors. Dee…
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TIP694: The Scuttlebutt Edge: From Research to Returns w/ Kyle Grieve
1:12:36
1:12:36
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1:12:36In today's episode, Kyle Grieve will discuss the concept of scuttlebutt, made famous by Philip Fisher in Common Stocks and Uncommon Profits. You’ll learn why scuttlebutt is essential for building conviction and understanding both bullish and bearish perspectives, how it involves learning from key groups connected to a business, how asking the right…
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TIP693: The Power Law: Unlocking Venture Capital's Secrets w/ Clay Finck
1:19:52
1:19:52
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1:19:52In this episode, Clay explores The Power Law by Sebastian Mallaby and uncovers the secret behind venture capital’s astonishing success. The Power Law is a fundamental law of the universe that explains why just a handful of disruptive companies, like Google and Tesla, generate the lion’s share of returns. To win in the world of venture capital, inve…
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BTC218: Bitcoin Mining 101 w/ Adam Haynes (Bitcoin Podcast)
52:09
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52:09In this episode, Adam Haynes from SimpleMining.io breaks down Bitcoin mining fundamentals, energy innovations, and advanced technologies like AI and quantum computing. We explore hashrate growth, the debate between mining and buying Bitcoin, and strategies for engaging new adopters. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:43 - The basics of …
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TIVP003: Ulta Beauty (ULTA): A Beautiful Compounder w/ Shawn O’Malley
1:13:02
1:13:02
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1:13:02In today’s episode, Shawn O’Malley (@Shawn_OMalley_) breaks down what you might call a beautiful compounder. That is, Ulta Beauty, one of America’s largest retailers for cosmetics, skincare, and hair care products, with an impressive track record of generating returns on capital while benefiting from industry trends where beauty enthusiasts increas…
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TIP692: Reading the Signals: How To Identify Winning Investments w/ Andrew Martin
1:12:25
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1:12:25In today's episode, Kyle Grieve chats with Andrew Martin about how he utilized his PhD in investing, the typical traits Andrew looks for in great investments, valuable physics-related mental models to improve your thinking processes, why Andrew is attracted to smallcap stocks, how Andrew utilizes his inflection point strategy to beat the market, ho…
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TIP691: Sol Price: The Retail Visionary Behind Costco w/ Clay Finck
1:14:27
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1:14:27Clay dives into the life and legacy of Sol Price, the pioneering retail entrepreneur who revolutionized the industry with FedMart and Price Club, ultimately leading to the creation of Costco. The episode explores how Price's business philosophies, including treating employees well and maintaining a relentless focus on providing value to customers, …
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BTC217: MicroStrategy 2025 w/ Jeff Walton (Bitcoin Podcast)
1:06:22
1:06:22
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1:06:22Join us as Jeff Walton unpacks MicroStrategy's innovative financial strategies, including leveraging Bitcoin volatility, issuing convertible bonds, and building a balance sheet of permanent capital. We dive into valuations, ETF dynamics, accretive dilution, and what it means to be the "bank of the future." IN THIS EPISODE YOU’LL LEARN: 00:00 - Intr…
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TIVP002: Coupang (CPNG): The Amazon of South Korea w/ Shawn O’Malley
1:03:45
1:03:45
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1:03:45In today’s episode, Shawn O’Malley (@Shawn_OMalley_) tells the story of Coupang, the “Amazon of South Korea.” Coupang’s Bom Kim is an impressive founder & CEO who has led the company to incredible growth, with almost half of South Korea’s population becoming active customers of Coupang. And Coupang’s overnight delivery actually puts Amazon to shame…
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RWH053: Trouble Ahead w/ Bill Priest
2:22:03
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2:22:03In this episode, William Green speaks with Barron’s Roundtable member Bill Priest, who is Vice Chairman of TD Wealth and founder, Chairman, and Co-Chief Investment Officer of TD Epoch. Bill is the co-author of several books, including “Winning at Active Management.” Having prospered for six decades in the financial markets, Bill has seen it all. He…
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TIP690: Top Stocks for 2025 & The "Buy" List w/ Eddy Elfenbein
1:03:54
1:03:54
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1:03:54On today’s episode, Clay is joined by Eddy Elfenbein to discuss his top stock picks for 2025. After Clay lets Eddy go, he also outlines his top stock pick for 2025 — Lumine Group. Eddy Elfenbein is a portfolio manager and creator of the Buy List, a portfolio of high-quality stocks that have consistently outperformed the market. Known for his Crossi…
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BTC216: Bitcoin Transforming Africa w/ Erik Hersman and Charlene Fadirepo (Bitcoin Podcast)
1:04:52
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1:04:52In this episode, we discuss the Africa Bitcoin Conference, the passion for Bitcoin and human rights in Africa, and the innovative solutions tackling energy and financial inclusion. Featuring insights from Erik Hersman (Gridless) on energy infrastructure and Charlene Fadirepo on empowering African women through Bitcoin, we uncover how this technolog…
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TIVP001: Madison Square Garden Sports (MSGS): Buying the Knicks & Rangers w/ Shawn O’Malley
59:57
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59:57In today’s episode, Shawn O’Malley (@Shawn_OMalley_) breaks down Madison Square Garden Sports Corp., ticker: MSGS, which is the holding company that owns the NBA’s New York Knicks and NHL’s New York Rangers. MSGS is one of the few publicly-traded equities that allows retail investors to directly own professional sports teams, and few franchises are…
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TIP689: My Journey into Financial Independence w/ Stig Brodersen
1:02:39
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1:02:39In today's episode, Stig Brodersen podcasts about his journey into financial freedom. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:45 - Why people overestimate what they can do in a year and underestimate what they can do in a year 05:14 - The tipping point for Stig 08:28 - Why most people don’t want to be financially independent. 11:58 - Why mon…
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TIP688: Long-Term Market Cycles w/ Rob Arnott
1:05:42
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1:05:42On today’s episode, Clay is joined by Rob Arnott to discuss the Fundamental Index, the equity risk premium, and where Rob believes we’re at in the value cycle. Rob Arnott is the founder and chairman of the board of Research Affiliates. Rob plays an active role in the firm’s research, portfolio management, product innovation, business strategy, and …
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The Intrinsic Value Podcast by The Investor’s Podcast Network is hosted by Shawn O’Malley. This podcast is inspired by 10 years of interviews with the world’s best investors here at The Investor’s Podcast Network. Shawn applies those lessons while breaking down and valuing a different business every week. From outlining how companies make money to …
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BTC215: Global Macro and Bitcoin Q1 2025 w/ Luke Gromen (Bitcoin Podcast)
1:07:10
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1:07:10Luke Gromen unpacks the dynamics of stablecoins and T-bills, Bitcoin’s role as a fiscal policy marker, and the implications of yield curve control. We delve into U.S. dollar devaluation, global liquidity in 2025, and the interplay of tariff threats and international Bitcoin reserves. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:10 - Why total fed…
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(Trailer) We Study Billionaires by The Investor's Podcast Network
1:18
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1:18We Study Billionaires podcast, hosted by Stig Brodersen, Preston Pysh, William Green, Clay Finck, and Kyle Grieve, is the flagship podcast of The Investor’s Podcast Network, with more than 180 Million downloads. On the show, they interview and study famous financial billionaires including Warren Buffett, Charlie Munger, Howard Marks, and Bill Gates…
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