Clay is joined by Dev Kantesaria to discuss the market environment and investment opportunities, including FICO and S&P Global. WHAT YOU'LL LEARN HERE: 0:00:00 - Intro 0:00:37 - Thoughts on the Current Market 0:02:50 - Market Timing 0:03:53 - Dev’s investment approach versus Buffett’s 0:08:07 - The importance of predictability 0:10:23 - Big Tech 0:12:09 - Why investing isn’t so simple and easy 0:16:10 - Investment temperament 0:28:13 - Mistakes of omission 0:35:20 - Pricing power 0:37:44 - Monopolies and Duopolies 0:39:49 - The most underrated aspect of Dev’s investment approach 0:43:04 - S&P Global 0:47:39 - Why Dev will continue to invest in the US 0:49:22 - The problem with acquisitions 0:54:40 - Share repurchases 0:55:36 - Outro Transcript & Guest Info: https://www.theinvestorspodcast.com/episodes/investing-in-exceptional-businesses-for-the-long-run-dev-kantesaria/ Join our highly vetted community of value investors: https://www.theinvestorspodcast.com/mastermind/ Our Sponsor: 📊 Add the Fundrise Flagship Fund to your portfolio in just minutes and with as little as $10. https://fundrise.com/wsb ▶️ RELATED EPISODES: - Buffett Investing Principles w/ Dev Kantesaria: https://youtu.be/csn-II3Xg9c - Buying and Holding Stocks for the Long Run w/ Pierre-Olivier Langevin: https://youtu.be/uiPujfiL8ro - Winning the Long Game: Global & Contrarian Value Investing w/ Soo Chuen Tan: https://youtu.be/k_w7zvU9mAg Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Visit our website: https://www.theinvestorspodcast.com/we-study-billionaires/ The Intrinsic Value newsletter: https://www.theinvestorspodcast.com/subscribe-youtube/ ⚠️ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting. #StockMarketAnalysis #LongTermInvesting #DevKantesaria #SPGlobal #FICOStock