Episode Details

Rebecca Hotsko chats with Braden Dennis. In this episode, they discuss Braden’s investment process looks like for finding great stocks, his 6-question framework for finding “high-quality businesses” to invest in, how to determine if a company’s high ROIC is sustainable or not, Braden’s analysis and deep dive into Constellation Software and Shopify, why the P/E ratio is not the right multiple to value Shopify with, and what metrics are more relevant to the company, how to make sure you don’t overpay for a business that’s trading at a premium, Braden’s thoughts on Brookfield Asset Management company given its spin-off, is Brookfield Asset Management’s spin-off good for shareholder value, and so much more!   

Braden is the founder of Stratosphere and the co-host of The Canadian Investor Podcast.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

04:32 - What Braden’s investment process looks like for finding great stocks. 

06:36 - His 6-question framework and checklist for finding “high-quality businesses” to invest in. 

10:53 - The most important factors he looks for to identify a company has a sustainable moat. 

13:23 - How to determine if a company’s high ROIC is sustainable or not.   

16:55 - Braden’s analysis and deep dive into Constellation Software and Shopify. 

30:30 - How to make sure you don’t overpay for a business that’s trading at a premium.

37:39 - Why the P/E ratio is not the right multiple to value Shopify with, and what metrics are more relevant to the company.

50:46 - Braden’s thoughts on Brookfield Asset Management company given its recent spin-off.  

51:06 - Is Brookfield Asset Management’s spin-off good for shareholder value.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
• Check out: Stratosphere. 
• Check out: The Canadian Investor Podcast.  
• Related Episode: Listen to MI239: Deep Dive into Apple & Google w/ Logan Kane, or watch the video.

NEW TO THE SHOW?

• Check out our Millennial Investing Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
• Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.
• Enjoy exclusive perks from our favorite Apps and Services.
• Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
• Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our