In this episode, the hosts are joined by Dan Boston from Polar Capital to discuss small cap investing and its potential. Dan shares his journey from a young self-taught investor to managing large capital funds, emphasizing the importance of understanding a company’s fundamental operations over just financial metrics.

He also discusses the implications of the global realignment on investment strategies, offering insights into how international markets, particularly small-cap stocks, may offer promising opportunities.

Dan offers practical advice for young investors and underscores the value of mentorship and continuous learning.

00:00 Introduction and Guest Welcome

00:52 Dan's Early Interest in Stocks

02:20 A Day in the Life of an Investor

05:16 Career Path and Key Experiences

08:53 Advice for Aspiring Investors

14:41 Investment Strategies and Philosophy

18:28 Identifying Promising Small Companies

24:55 Evaluating Management Teams

25:53 Identifying Companies with Strong Execution Plans

26:11 Case Study: Swedish Online Pharmacy

27:46 Automation and Scale in the Pharmaceutical Industry

29:02 Global Market Trends and Company Strategies

32:24 The Great Global Realignment

37:23 Opportunities in Changing Markets

42:08 Investment Strategies and Diversification

45:20 Advice for Young Investors

48:56 Conclusion and Resources

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

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More from Dan:

Why international and why now? -- https://www.polarcapitalfunds.com/us/individual/News-Views/Post/10523/Why_international_and_why_now/

What do Dave and Andrew recommend?

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Andrew works really hard to find the best insights he can every single month at ⁠⁠⁠⁠⁠Value Spotlight⁠⁠⁠⁠⁠. To see a sample of his previous work, go to ⁠⁠⁠⁠⁠stockwriteup.com⁠⁠⁠⁠⁠.

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In this episode, hosts Andrew and Evan Raidt announce the launch of a new weekly segment called 'At Any Rate.' This new show will focus on beginner-friendly personal finance strategies designed to make long-term, impactful changes without sacrificing current enjoyment.

Evan, a mechanical engineer and personal finance enthusiast, shares his own financial journey and emphasizes the importance of sustainable, high-leverage financial decisions. He discusses the myths and challenges around personal finance and offers insights into approachable strategies like investing in the stock market and making smart purchases.

The episode promises educational content aimed at helping listeners find a balance between living a fulfilling life now and preparing for a secure financial future.

00:00 Exciting New Weekly Episodes Announcement

00:21 Introducing Evan Wright and 'At Any Rate'

02:03 Personal Finance Myths and Realities

03:56 Sustainable Financial Changes

10:03 Investing Basics and Stock Market Accessibility

15:57 Mindset Shifts for Financial Success

33:56 Future Episodes and What to Expect

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What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at ⁠⁠⁠⁠⁠Value Spotlight⁠⁠⁠⁠⁠. To see a sample of his previous work, go to ⁠⁠⁠⁠⁠stockwriteup.com⁠⁠⁠⁠⁠.

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In this episode, Dave and Andrew delve into the earnings of two companies, McKesson and Crocs, from Andrew's portfolio, exploring their market positions and growth potentials.

They discuss the impact of external factors like potential changes in pharmaceutical pricing policies under the Trump administration and tariffs on manufacturing. The episode includes detailed insights into the financial health and strategic positioning of McKesson, a leader in pharmaceutical distribution, and Crocs, known for its consumer-centric brand.

By examining key financial metrics and market uncertainties, the hosts provide a comprehensive analysis that balances both qualitative narratives and quantitative data, using tools like Finchat for deeper financial exploration.

00:00 Introduction to Earnings Discussion

00:38 McKesson: Navigating Pharmaceutical Uncertainty

04:38 McKesson's Financial Performance and Growth

20:49 Crocs: Tariffs and Market Challenges

25:02 Analyzing Crocs' Financial Health

35:28 Baseball Talk and Conclusion

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today’s show is sponsored by:

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What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at ⁠⁠⁠⁠Value Spotlight⁠⁠⁠⁠. To see a sample of his previous work, go to ⁠⁠⁠⁠stockwriteup.com⁠⁠⁠⁠.

Have questions? Send them to ⁠⁠⁠⁠[email protected]⁠

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In this episode of Investing for Beginners, Dave is joined by Brett Schafer from Chit Chat Stocks to delve into the business model and competitive advantages of American Express (Amex).

They discuss Amex’s unique vertically integrated model, combining credit card issuance with payment processing, and its robust revenue streams from swipe fees, credit card loans, and high-fee premium cards. They also highlight Amex’s strong brand equity, historical resilience, and strategic partnerships. They tackle potential risks, the benefits of their network effect, customer satisfaction issues, and the prospects of emerging competitors. To conclude, Brett shares his cautious optimism about the company and his investment strategy around it.

00:03 American Express: A Deep Dive

01:18 Buffett's History with American Express

02:54 American Express Business Model Explained

04:04 Revenue Breakdown and Key Drivers

05:56 High Fee, High Reward Cards

11:28 Expanding Customer Base

14:25 American Express' Competitive Moat

21:24 The Power of American Express

24:30 The Value of American Express for Merchants

25:00 American Express's Marketing Strategy

26:10 Pandemic Impact and Recovery

27:36 Potential Risks and Downsides

29:35 Competition and Market Position

35:32 Why Not Invest in American Express?

41:05 Key Performance Indicators to Watch

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today’s show is sponsored by:

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More from Brett:

Chit Chat Stocks Podcast

Chit Chat Stocks Substack

Brett's X Handle CCM_Brett

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at ⁠⁠⁠⁠Value Spotlight⁠⁠⁠⁠. To see a sample of his previous work, go to ⁠⁠⁠⁠stockwriteup.com⁠⁠⁠⁠.

Have questions? Send them to ⁠⁠⁠⁠[email protected]⁠

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In this episode of 'Investing for Beginners,' we welcome Shawn and Daniel from the Intrinsic Value Podcast to discuss various investing topics, including their recent trip to the Berkshire Hathaway annual meeting.

The conversation covers insights from the meeting, key observations about Warren Buffett's announcement on Greg Abel, and reflections on Berkshire's future. Shawn and Daniel also share their process for sourcing investment ideas, analyzing companies, and determining intrinsic value. They explain how they balance conviction and safety in their investment portfolios and reveal the significance of documenting a detailed investment thesis.

00:28 Berkshire Hathaway Meeting Insights

01:22 Warren Buffett's Big Announcement

03:25 Reflections on the Meeting

06:46 Future of Berkshire Hathaway

13:23 Podcasting and Investment Strategies

15:22 Researching and Pitching Stocks

24:22 Evaluating Investment Opportunities

33:15 Researching Investment Ideas

33:29 Analyzing Company Filings

34:27 Using Financial Tools and Resources

34:50 Evaluating Investment Theses

35:31 The Importance of Earnings Calls

36:00 Leveraging External Research

36:59 Writing and Reflecting on Investment Decisions

44:53 Understanding Intrinsic Value

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today’s show is sponsored by:

Go to ⁠⁠⁠⁠SHOPIFY.COM/beginners⁠⁠⁠⁠ to start selling with Shopify today.

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More from Shawn and Daniel:

Intrinsic Value Podcast

Intrinsic Value Community

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at ⁠⁠⁠⁠Value Spotlight⁠⁠⁠⁠. To see a sample of his previous work, go to ⁠⁠⁠⁠stockwriteup.com⁠⁠⁠⁠.

Have questions? Send them to ⁠⁠⁠⁠[email protected]⁠

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In this episode, Dave and Andrew address listener questions and offer advice on challenging investment scenarios. They discuss whether to sell underperforming stocks and provide insights on being a long-term business owner versus a stock trader. They also delve into how to adjust free cash flow estimates and consider case-by-case scenarios for different companies.

Moreover, they offer guidance to a listener who has received a significant inheritance and is seeking investment advice. The episode concludes with a discussion on the potential impact of AI on Google's search business, highlighting how to interpret and react to market news.

00:00 Welcome and Listener Questions Overview

00:13 Question 1: Handling Stock Losses

06:57 Question 2: Estimating Free Cash Flow

16:55 Question 3: Building a Wealth Portfolio

26:31 Discussion: Google and AI Disruption

35:41 Conclusion and Final Thoughts

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today’s show is sponsored by:

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Today's show is sponsored by BetterHelp

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What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at ⁠⁠⁠Value Spotlight⁠⁠⁠. To see a sample of his previous work, go to ⁠⁠⁠stockwriteup.com⁠⁠⁠.

Have questions? Send them to ⁠⁠⁠[email protected]

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Join us as we explore the overlooked world of microcap investing with Whit Hughley of River Oaks Capital. Discover how finding A+ CEOs in obscure, fragmented markets can lead to exceptional returns. Learn why boots-on-the-ground research and personal relationships with management teams create a competitive edge in this inefficient market.

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

More from Whit Huguley of River Oaks Capital

River Oaks Capital

X Account: Whit Huguley

Today’s show is sponsored by:

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Podcast Survey

⁠einvestingforbeginners.com/survey⁠

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at ⁠⁠⁠Value Spotlight⁠⁠⁠. To see a sample of his previous work, go to ⁠⁠⁠stockwriteup.com⁠⁠⁠.

Have questions? Send them to ⁠⁠⁠[email protected]

⁠⁠⁠

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In this episode of the Investing for Beginners podcast, hosts Andrew and Dave tackle four intriguing listener questions gathered from various sources. They begin by discussing the merits and timing of selling stocks during a downturn and the potential pitfalls of making multiple trading decisions simultaneously.

They then delve into the intricacies of the Discounted Cash Flow (DCF) model, explaining its relevance with or without inflation. The conversation transitions to net working capital, exploring its importance in cash flow statements versus balance sheet metrics. Finally, they address concerns about high-level executives or board members selling large amounts of stock, providing insights on when this might be a red flag for investors.

00:00 Introduction and Listener Questions Overview

00:33 Is Now a Bad Time to Sell Stocks?

06:52 The Importance of Staying Invested During Market Volatility

10:37 Understanding Discounted Cash Flows (DCF)

18:00 Calculating Free Cash Flow and Working Capital

30:58 Insider Stock Sales: Red Flags or Not?

34:06 Conclusion and How to Submit Questions

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today’s show is sponsored by:

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Podcast Survey

⁠einvestingforbeginners.com/survey⁠

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at ⁠⁠Value Spotlight⁠⁠. To see a sample of his previous work, go to ⁠⁠stockwriteup.com⁠⁠.

Have questions? Send them to ⁠⁠[email protected]⁠⁠

SUBSCRIBE TO THE SHOW
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International investing offers portfolio diversification beyond your home market, especially valuable during US market downturns like in 2025. While investing abroad requires understanding different accounting standards, currency risks, and market access methods, modern brokerages make global investing increasingly accessible to beginners seeking broader opportunities.

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today’s show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

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Today's show is sponsored by BetterHelp. Get 10% off your first month today with BetterHelp.

Podcast Survey

⁠⁠einvestingforbeginners.com/survey

Podcast: Chit Chat Stocks

Twitter: CCM_Brett

Substack: Chit Chat Stocks

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

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In this episode, we break down the viability of Adobe as a

Key points include the importance of not being deterred by

We also delve into the potential disruptive threats from AI

00:00 Introduction and Live Stream Announcement

Today’s show is sponsored by:

Go to ⁠SHOPIFY.COM/beginners⁠ to start selling with Shopify today.

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What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at ⁠Value Spotlight⁠. To see a sample of his previous work, go to ⁠stockwriteup.com⁠.

Have questions? Send them to ⁠[email protected]⁠

SUBSCRIBE TO THE SHOW

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