TIP795: Berkshire, Moody's, & BellRing Brands w/ Stig Brodersen, Tobias Carlisle, and Hari Ramachandra

Stig is joined by Tobias Carlisle and Hari Ramachandra for a new round of stock pitches. They discuss Berkshire, Moody's and BellRing Brands.

IN THIS EPISODE YOU’LL LEARN:
00:00:00 - Intro

00:02:35 - Stig’s bull case for Berkshire: balance sheet, culture, and Greg Abel (NYSE: BRK.B)

00:27:09 - Berkshire bear case: slowing growth and capital allocation risks

00:30:47 - Tobias’ bull case for BellRing: FCF, protein brand strength, PE appeal (NYSE: BRBR)

00:38:30 - BellRing bear case: concentration, leverage, consumer shifts

00:47:02 - Hari’s bull case for Moody’s: moat, duopoly, recurring analytics (NYSE: MCO)

00:50:20 - Moody’s bear case: valuation, cyclicality, regulation, AI risk

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Mastermind Community⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (theinvestorspodcast.com/mastermind-2) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.

• Learn how to join us in Omaha for theBerkshire meeting (theinvestorspodcast.com/how-to-attend-the-berk…)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (theinvestorspodcast.com/how-to-attend-the-berk…).

• Stig Brodersen’s Portfolio and Track record (theinvestorspodcast.com/articles/stig-broderse…).

• Check out Mastermind Discussion Q4, 2025 (open.spotify.com/episode/6GqwXIiUvbByySiABKzcy…) | Video (theinvestorspodcast.com/episodes/mastermind-di…).

• Check out Mastermind Discussion Q3 2025⁠ (open.spotify.com/episode/0G9aVbQ87IFx8OKVJCd3v…) | Video⁠ (theinvestorspodcast.com/episodes/mastermind-q3…).

• Check out Mastermind Discussion Q2 2025 ⁠ (open.spotify.com/episode/4B8NRDNshQRmwOb2jEyuB…)| Video⁠ (theinvestorspodcast.com/episodes/mastermind-q2…).

• Check out Mastermind Discussion Q1 2025⁠ (open.spotify.com/episode/2XY2Bz0Wn6tsKe6s57EnB…) | Video. (theinvestorspodcast.com/episodes/mastermind-q1…)

• Tobias' podcast, The Acquirers Podcast (acquirersmultiple.com/podcast).

• Tobias ' ETF, ZIG (acquirersfund.com).

• Tobias' ETF, Deep (etf.com/DEEP).

• Tweet to Tobias Carlisle (x.com/Greenbackd).

• Hari's Blog.

• Tweet to Hari (twitter.com/harirama).

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