Chit Chat Stocks

This is an Arch Capital Update episode, a monthly recurring series where we explore holdings and decisions made for our investment partnership.

Electronic Arts (EA) develops and distributes games, content, and services. The company markets its products through digital distribution and retail channels. Brett and Ryan dive through EA and outline the investment thesis for why we own the company in our Arch Capital limited partnership.

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What is Arch Capital? Arch Capital is a concentrated, long-only equity fund aiming to compound capital at an above-market rate. Arch managers are perpetual learners with a long-term focus that strive to build wealth with our partners through intelligent capital allocation. Learn more here: https://www.archcapitalfund.com/

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If you can't access this episode, you may want to subscribe to CCM+. Sign-up directly through Spotify or Apple Podcasts for $5 a month. If you listen on another podcast player, use this link and create a private RSS feed: https://anchor.fm/chitchatmoney/subscribe

Need more information? Check out our launch newsletter: Here

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Timestamps

Why we own EA (1:18)

Competitive Advantages (22:46)

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Ally Financial offers various digital financial products and services to consumer, commercial, and corporate customers. The company operates through four segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations. Listen as Brett and Ryan ask Jacob questions about the company, its business model, and valuation. Enjoy the show!

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This episode is sponsored by Quartr, the new way of doing company research. Access conference calls, presentations, transcripts, and more for FREE on your mobile device.

Download Quartr on the App Store here: https://apps.apple.com/us/app/quartr-investor-relations/id1552412128

Download Quartr on the Google Play Store here: https://play.google.com/store/apps/details?id=se.quartr.android

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This episode is sponsored by Stream by AlphaSense, the highest quality expert network library. Sign-up here and get a 14-day free trial:  https://streamrg.co/CCM

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Access our “Not So Deep Dive” episodes by signing up for CCM+. Sign-up directly through Spotify or Apple Podcasts. If you listen on another podcast player, use this link and create a private RSS feed: https://anchor.fm/chitchatmoney/subscribe

Need more information? Check-out our launch newsletter: https://chitchatmoney.substack.com/p/welcome-to-chit-chat-money-plus

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Want updates on future shows and projects? Follow us on Twitter: https://twitter.com/chitchatmoney

Interested to see more of Strat's work? Follow him on Seeking Alpha here: https://seekingalpha.com/author/jacob-franklin

Contact us: [email protected]

Timestamps

Ally Financial | (3:50)

Auto Lending | (13:47)

Bear Case | (30:04)

Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.

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Rovio Entertainment creates, develops, and publishes mobile games. The company is most popular for creating Angry Birds. Rovio was founded in 2003 in Finland. At the end of the month, we will publish an Arch Capital episode (only available to CCM+ subscribers) that will cover the company: Electronic Arts. Listen closely as Brett and Ryan go through the history, financials, and future prospects of Rovio Entertainment. Enjoy the show!

Is this episode locked? Access our “Not So Deep Dive” episodes by signing up for CCM+. Sign-up directly through Spotify or Apple Podcasts. If you listen on another podcast player, use this link and create a private RSS feed: https://anchor.fm/chitchatmoney/subscribe

Need more information? Check-out our launch newsletter: https://chitchatmoney.substack.com/p/welcome-to-chit-chat-money-plus 

Want updates on future shows and projects? Follow us on Twitter: https://twitter.com/chitchatmoney

Contact us: [email protected]

Timestamps

Company Background | (1:50)

Industry | (12:12)

Management & Ownership | (15:30)

Earnings | (20:23)

Balance Sheet | (22:17)

Valuation | (24:08)

Our Analysis | (25:42)

Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.

Learn more about your ad choices. Visit megaphone.fm/adchoices

The CCM Power Hour is a live-streamed show every Thursday at 3:00 pm EST. On the show, Ryan, Brett, and a rotating list of guests have an unscripted discussion on a variety of investing topics.

You can watch the show on our YouTube channel here: https://www.youtube.com/c/ChitChatMoney

Follow the show on Twitter: https://twitter.com/chitchatmoney

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This episode is sponsored by Stratosphere. Get started for free at stratosphere.io to get access to powerful data visualizations, specific company KPIs, and much more.

*****************************

This episode is sponsored by Quartr, the new way of doing company research. Access conference calls, presentations, transcripts, and more for FREE on your mobile device.

Download Quartr on the App Store here: https://apps.apple.com/us/app/quartr-investor-relations/id1552412128

Download Quartr on the Google Play Store here: https://play.google.com/store/apps/details?id=se.quartr.android

*****************************

Access our “Not So Deep Dive” episodes by signing up for CCM+. Sign-up directly through Spotify or Apple Podcasts. If you listen on another podcast player, use this link and create a private RSS feed: https://anchor.fm/chitchatmoney/subscribe

Need more information? Check-out our launch newsletter: Here

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Learn more about your ad choices. Visit megaphone.fm/adchoices

Build-A-Bear is well known for its retail shops where customers can create their own plush toy animals. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Listen as Brett and Ryan ask Strat questions about the company, its business model, and valuation. Enjoy the show!

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This episode is sponsored by Stream by AlphaSense, the highest quality expert network library. Sign-up here and get a 14-day free trial:  https://streamrg.co/CCM

*****************************

This episode is sponsored by Stratosphere. Get started for free at stratosphere.io to get access to powerful data visualizations, specific company KPIs, and much more.

******************************

Access our “Not So Deep Dive” episodes by signing up for CCM+. Sign-up directly through Spotify or Apple Podcasts. If you listen on another podcast player, use this link and create a private RSS feed: https://anchor.fm/chitchatmoney/subscribe

Need more information? Check-out our launch newsletter: https://chitchatmoney.substack.com/p/welcome-to-chit-chat-money-plus

******************************

Want updates on future shows and projects? Follow us on Twitter: https://twitter.com/chitchatmoney

Interested to see more of Strat's work? Subscribe to his free newsletter: https://dueyourdiligence.substack.com/?utm_source=substack&utm_medium=web&utm_campaign=substack_profile&utm_source=%2Fprofile%2F65757048-strat-becker&utm_medium=reader2

Contact us: [email protected]

Timestamps

Build-A-Bear  | (4:41)

eCommerce | (13:38)

Investors | (24:49)

Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Capcom is a Japanese video game developer and publisher. The company has various product lines including video games, online games, mobile games, and arcade games. At the end of the month, we will publish an Arch Capital episode (only available to CCM+ subscribers) that will cover the company: Electronic Arts. Listen closely as Brad, Brett, and Ryan go through the history, financials, and future prospects of Capcom. Enjoy the show!

Is this episode locked? Access our “Not So Deep Dive” episodes by signing up for CCM+. Sign-up directly through Spotify or Apple Podcasts. If you listen on another podcast player, use this link and create a private RSS feed: https://anchor.fm/chitchatmoney/subscribe

Need more information? Check-out our launch newsletter: https://chitchatmoney.substack.com/p/welcome-to-chit-chat-money-plus 

Want updates on future shows and projects? Follow us on Twitter: https://twitter.com/chitchatmoney

Contact us: [email protected]

Timestamps

Company Background | (2:08)

Industry | (10:13)

Management & Ownership | (13:03)

Earnings | (17:13)

Balance Sheet | (21:16)

Valuation | (22:29)

Our Analysis | (23:43)

Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.

Learn more about your ad choices. Visit megaphone.fm/adchoices

The CCM Power Hour is a live-streamed show every Thursday at 3:00 pm EST. On the show, Ryan, Brett, and a rotating list of guests have an unscripted discussion on a variety of investing topics.

You can watch the show on our YouTube channel here: https://www.youtube.com/c/ChitChatMoney

Follow the show on Twitter: https://twitter.com/chitchatmoney

*****************************

This episode is sponsored by Quartr, the new way of doing company research. Access conference calls, presentations, transcripts, and more for FREE on your mobile device.

Download Quartr on the App Store here: https://apps.apple.com/us/app/quartr-investor-relations/id1552412128

Download Quartr on the Google Play Store here: https://play.google.com/store/apps/details?id=se.quartr.android

*****************************

This episode is sponsored by Stream by AlphaSense, the highest quality expert network library. Sign-up here and get a 14-day free trial:  https://streamrg.co/CCM

******************************

Access our “Not So Deep Dive” episodes by signing up for CCM+. Sign-up directly through Spotify or Apple Podcasts. If you listen on another podcast player, use this link and create a private RSS feed: https://anchor.fm/chitchatmoney/subscribe

Need more information? Check-out our launch newsletter: Here

******************************

Learn more about your ad choices. Visit megaphone.fm/adchoices

Verra Mobility provides smart mobility technology solutions and services. The company operates through three segments: Commercial Services; Government Solutions; and Parking Solutions. Listen as Brett and Ryan ask Ben questions about the company, its business model, and valuation. Enjoy the show!

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This episode is sponsored by Stratosphere. Get started for free at stratosphere.io to get access to powerful data visualizations, specific company KPIs, and much more.

*****************************

This episode is sponsored by Quartr, the new way of doing company research. Access conference calls, presentations, transcripts, and more for FREE on your mobile device.

Download Quartr on the App Store here: https://apps.apple.com/us/app/quartr-investor-relations/id1552412128

Download Quartr on the Google Play Store here: https://play.google.com/store/apps/details?id=se.quartr.android

******************************

Access our “Not So Deep Dive” episodes by signing up for CCM+. Sign-up directly through Spotify or Apple Podcasts. If you listen on another podcast player, use this link and create a private RSS feed: https://anchor.fm/chitchatmoney/subscribe

Need more information? Check-out our launch newsletter: https://chitchatmoney.substack.com/p/welcome-to-chit-chat-money-plus

******************************

Want updates on future shows and projects? Follow us on Twitter: https://twitter.com/chitchatmoney

Interested to see more of Ben's work? Follow him on Twitter here: https://twitter.com/VestRuleCapitaI?s=20&t=1EcEAx9vTIzotQmrBsR7TA

Contact us: [email protected]

Timestamps

Verra Mobility | (3:53)

Parking Business | (13:38)

Robot Traffic Tickets | (24:55)

Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Xbox is not a publicly traded company. Xbox is a video gaming brand created and owned by Microsoft. All CCM+ episodes in September are based on gaming companies. The end of month, Arch Capital, episode (only available to CCM+ subscribers) will cover the company: Electronic Arts. Listen closely as Brad, Brett, and Ryan go through the history, financials, and future prospects of Xbox. Enjoy the show!

Is this episode locked? Access our “Not So Deep Dive” episodes by signing up for CCM+. Sign-up directly through Spotify or Apple Podcasts. If you listen on another podcast player, use this link and create a private RSS feed: https://anchor.fm/chitchatmoney/subscribe

Need more information? Check-out our launch newsletter: https://chitchatmoney.substack.com/p/welcome-to-chit-chat-money-plus 

Want updates on future shows and projects? Follow us on Twitter: https://twitter.com/chitchatmoney

Contact us: [email protected]

Timestamps

Company Background | (2:05)

Industry | (11:00)

Management & Ownership | (13:54)

Valuation | (15:46)

Earnings | (17:40)

Balance Sheet | (20:46)

Our Analysis | (23:34)

Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.

Learn more about your ad choices. Visit megaphone.fm/adchoices

The CCM Power Hour is a live-streamed show every Thursday at 3:00 pm EST. On the show, Ryan, Brett, and a rotating list of guests have an unscripted discussion on a variety of investing topics.

You can watch the show on our YouTube channel here: https://www.youtube.com/c/ChitChatMoney

Follow the show on Twitter: https://twitter.com/chitchatmoney

*****************************

This episode is sponsored by Stream by AlphaSense, the highest quality expert network library. Sign-up here and get a 14-day free trial:  https://streamrg.co/CCM

*****************************

This episode is sponsored by Stratosphere. Get started for free at stratosphere.io to get access to powerful data visualizations, specific company KPIs, and much more.

******************************

Access our “Not So Deep Dive” episodes by signing up for CCM+. Sign-up directly through Spotify or Apple Podcasts. If you listen on another podcast player, use this link and create a private RSS feed: https://anchor.fm/chitchatmoney/subscribe

Need more information? Check-out our launch newsletter: Here

******************************

Learn more about your ad choices. Visit megaphone.fm/adchoices