Shawn O’Malley discusses VeriSign, a company essential to internet operations. It manages the global domain registry and collects fees for domains ending in .com and .net, similar to a toll road. VeriSign boasts high profit margins and is now the largest shareholder of Berkshire Hathaway. Learn about its monopoly, role in internet infrastructure, and stock valuation. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 - Intro 0:02:48 - How VeriSign sits at the foundation of the world’s internet 0:03:48 - Why VeriSign is legally permitted to have a monopoly over the .com & .net website domains 0:14:23 - How VeriSign is like a toll road by getting paid by any website ending in .com 0:37:05 - What VeriSign does with its ample cash flows 0:22:43 - How domain registration works and how VeriSign relies on sites like GoDaddy to drive more domain registrations 0:28:46 - Why VeriSign’s monopoly likely isn’t going anywhere 0:35:14 - The biggest risks, from cyberattacks to terrorism, threatening the company’s operations 0:37:05 - What VeriSign does with its ample cash flows 0:49:09 - How to think about the company’s intrinsic value and how expected returns fluctuate based on your purchase price per share 0:50:19 - Whether Shawn adds VeriSign to The Intrinsic Value Portfolio 📈 Learn how to invest like the legends at https://theinvestorspodcast.com/getstartedwithstocks. Use the discount code “STOCKS15” at checkout. 📊 Add the Fundrise Flagship Fund to your portfolio in just minutes and with as little as $10. http://fundrise.com/wsb 📨 Sign up for The Intrinsic Value Newsletter: https://www.theinvestorspodcast.com/subscribe-youtube/ ▶️ RELATED EPISODES: - Unpacking Alphabet: How Google & AI Shape the Future: https://youtu.be/5WYxGi_7rMk - Ulta Beauty: Loyalty, Innovation, and Valuation Insights w/ Shawn O’Malley: https://youtu.be/6Sz9-PvQY8Q - Buying the Knicks & Rangers: $1 Dollar of Intrinsic Value for ¢50 w/ Shawn O’malley: https://youtu.be/C7StKB8053I - Valuing Coupang: The Leading E-commerce Platform of South Korea w/ Shawn O’malley: https://youtu.be/tjpWqVuNKBc 🎧 Listen to our episodes here: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/intrinsic-value-podcast/ 💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙 On The Intrinsic Value Podcast, every week, we break down a fascinating business model, from Google to John Deere, teach you about the company’s competitive advantages and challenges, and then go through different valuation approaches to estimate its intrinsic value per share. We condense dozens of hours of investment research into a single episode, helping you get a little smarter about business and investing. 🌍 Website: https://www.theinvestorspodcast.com/millennial-investing/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ 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.