In this episode, you'll learn:
- What is the intrinsic value of First Republic Bank
- Why First Republic Bank can be seen as a retail business with a superior franchise
- How to value banks, and the importance of price to tangible book value
- Which key ratios to use to evaluate performance and debt levels of banks
- Ask The Investors: How to pick stocks when you have a full-time job
BOOKS AND RESOURCES MENTIONED IN THIS EPISODE
- Sean Stannard-Stockton’s company, Emsemble Capital
- Ensemble Capital’s educational blog
- Ensemble Capital’s Twitter
- Check out Millennial Investing by The Investor’s Podcast Network
- Sign up to the TIP live event in Los Angeles with Stig and David by emailing stig@theinvestorspodcast.com
- Join the Mastermind Group and the TIP Community for the Berkshire Hathaway Annual Shareholder’s Meeting
- Download your free audio book at Audible.
- Find the best job candidate at Ziprecruiter.
- Send money abroad the smart way with Transferwise.
- Be prepared for the unexpected with AirMedCare Network.
- Move your business to the cloud with Netsuite.
- Discover CMC Markets, the ultimate platform for online trading on mobile and desktop.
- Automate your work with Zapier.
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