In today's episode, Stig Brodersen speaks to Tobias Carlisle about why Alibaba and US homebuilders are where you can find value in today’s market.
IN THIS EPISODE, YOU'LL LEARN:
- (00:01:47) Why does Tobias Carlisle see value in PulteGroup and homebuilders
- (00:09:14) Understanding boom and bust cycle of PulteGroup
- (00:11:23) What is true inflation?
- (00:13:30) The impact of inflation has on how Stig invests
- (00:32:24) Why value ETFs are often focused on the US or international and not global
- (00:34:56) Why Stig is finding value in Alibaba
- (00:38:46) Which price did Charlie Munger, Mohnish Pabrai, and Guy Spier buy Alibaba at?
- (00:40:39) An overview of Alibaba's business model and business units
- (00:46:41) What is the impact of regulatory changes on Alibaba?
- (00:48:12) The rationale that the Chinese government had for the recent crackdown
- (00:48:58) Difference between the US and Chinese legislation for big tech
- (00:51:54) How to value the unprofitable part of Alibaba and Google's business
- (00:57:54) Understanding Alibaba's ecosystem
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES:
- Mastermind Discussion Q2 2021.
- Stig's masterclass in inflation interview with Cullen Roche
- The original Alibaba mastermind discussion from Q1 2019.
- Our FREE stock analysis resource, Intrinsic Value Index
- Subscribe to our FREE Intrinsic Value Assessments
- Tobias Carlisle's podcast, The Acquires 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
- Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today
- Communicate your ideas in the best way possible with Canva
- Unleash your investing potential with Equity Trust
- Join OurCrowd and get to invest in medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much more
- Get into a topic quickly, find new topics, and figure out which books you want to spend more time listening to more deeply with Blinkist. Get 25% off and a 7-day free trial today
- Start feeling better with a single message. Match with a licensed therapist with Talkspace and get $100 off your first month with the promo code WSB
- Teach kids good money habits the fun and easy way with GoHenry’s debit card for kids and app for parents. Get one free month with promo code WSB
- Donate to GiveWell’s recommended charities and have your donation matched up to $1,000 before the end of August or as long as matching funds last if you've never donated before. Pick PODCAST and We Study Billionaires or enter code TIP at checkout
- The all-electric Cooper SE starts at only $29,900. It’s everything you love about MINI fully electrified. Reserve yours now
- Get up to 40% off + Free Shipping on Four Sigmatic‘s Mushroom Coffee bundles
- Have high quality, sustainably-sourced Wild-Caught Seafood delivered right to your door with Wild Alaskan Company. Order today and get $15 off your 1st box of premium seafood
- Read the 9 Key Steps to Effective Personal Financial Management
- Browse through all our episodes (complete with transcripts) here
- Support our free podcast by supporting our sponsors
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!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
