Stig Brodersen is talking stocks with Tobias Carlisle and Shawn O’Malley. Tobias is pitching VeriSign, a business that prints money with high certainty year after year. Stig’s pick is the serial acquirer LIFCO, a wonderful company priced for perfection that he is on his watch list. Shawn’s stock of choice is the compounder, Ulta Beauty. IN THIS EPISODE YOU’LL LEARN: 00:00:00 - Intro 00:01:10 - Why Toby is bullish on VeriSign (Ticker on NASDAQ: VRSN) 00:06:15 - The bear case of VeriSign, including the threat of AI 00:25:53 - Stig’s bull case is for Lifco (Ticker on the Swedish Stock Exchange: Lifco-B) 00:43:19 - The bear case for Lifco, including what it implies to be priced for perfection.  01:15:36 - Why Shawn has invested in Ulta Beauty (Ticker on NASDAQ: ULTA) 01:26:16 - The bear case for Ulta includes competitive pressure from Sephora and the CEO stepping down. 🤝 Network with like-minded value investors and get new stock ideas by joining the TIP Mastermind Community. https://www.theinvestorspodcast.com/mastermind/ 📊 Add the Fundrise Flagship Fund to your portfolio in just minutes and with as little as $10. https://fundrise.com/wsb ✍️ Get your paper tablet at reMarkable.com today. https://remarkable.com/?utm_source=podcast&utm_medium=paid&utm_campaign=westudybillionaires%7Cremarkableaudio2025&utm_term=a&utm_content=januaryread 💰 Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ 🧮 TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ▶️ RELATED EPISODES: - Ulta Beauty: Loyalty, Innovation, and Valuation Insights w/ Shawn O’Malley: https://youtu.be/6Sz9-PvQY8Q - Lumine Stock Deep Dive w/ Clay Finck | Constellation Software + Topicus: https://youtu.be/kYLklbpnQz8 - A Company To Watch Out For? Constellation Software: Intrinsic Value Analysis: https://youtu.be/yM2zQxiWCOU - Mastermind Discussion Q4 2024 | Exploring Value, Risks, and Opportunities: https://youtu.be/GoS4dalv2YE - Mastermind Discussion Q3 2024 | Nintendo, Virtu Financial, and Betsson: https://youtu.be/YTPr_QBIdiw - Mastermind Discussion Q2 2024 | Burberry, ICICI Bank, & Playtika Stock Analysis: https://youtu.be/kyUA90wZ99U - Mastermind Q1, 2024 | Spotify, Disney, & Mueller Industries: https://youtu.be/idL0phA7aFA 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/episodes/mastermind-discussion-q1-2025-w-stig-brodersen-tobias-carlisle-and-shawn-omalley/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙  On We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market. 🌍 Website: https://www.theinvestorspodcast.com/we-study-billionaires/  ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ 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.