MI250: How to Find High Quality Companies w/ Braden Dennis

01.19.2023 - By The Investor's Podcast Network Play

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Rebecca Hotsko chats with Braden Dennis. In this episode, they discuss Braden’s investment process looks like for finding great stocks, his 6-question framework for finding “high-quality businesses” to invest in, how to determine if a company’s high ROIC is sustainable or not, Braden’s analysis and deep dive into Constellation Software and Shopify, why the P/E ratio is not the right multiple to value Shopify with, and what metrics are more relevant to the company, how to make sure you don’t overpay for a business that’s trading at a premium, Braden’s thoughts on Brookfield Asset Management company given its spin-off, is Brookfield Asset Management’s spin-off good for shareholder value, and so much more!

Braden is the founder of Stratosphere and the co-host of The Canadian Investor Podcast.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

04:32 - What Braden’s investment process looks like for finding great stocks.

06:36 - His 6-question framework and checklist for finding “high-quality businesses” to invest in.

10:53 - The most important factors he looks for to identify a company has a sustainable moat.

13:23 - How to determine if a company’s high ROIC is sustainable or not.

16:55 - Braden’s analysis and deep dive into Constellation Software and Shopify.

30:30 - How to make sure you don’t overpay for a business that’s trading at a premium.

37:39 - Why the P/E ratio is not the right multiple to value Shopify with, and what metrics are more relevant to the company.

50:46 - Braden’s thoughts on Brookfield Asset Management company given its recent spin-off.

51:06 - Is Brookfield Asset Management’s spin-off good for shareholder value.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.

Check out: Stratosphere.

Check out: The Canadian Investor Podcast.

Related Episode: Listen to MI239: Deep Dive into Apple & Google w/ Logan Kane, or watch the video.

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