TIP646: How To Understand A Business Like A Pro w/ Kyle Grieve

TIP646: How To Understand A Business Like A Pro w/ Kyle Grieve

The Investor's Podcast Network
01:09:35

About this episode

On today’s episode, Kyle Grieve discusses a book that is near and dear to Warren Buffett’s heart, Common Stocks and Uncommon Profits by Philip Fisher. He’ll discuss why the book was so influential on Warren’s transition towards quality businesses, why going deep into a business is vital to successful long-term investing, specific ways to learn more about a business, it’s management, and its products, how to create your own business grapevine to monitor your investments, details on how Philip Fisher’s investing philosophy and how it developed, and a whole lot more!

IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
04:12 - The importance of avoiding dogmatic thinking in investing
05:13 - Why owning growing businesses is so powerful for great investments
05:47 - How to evaluate a business growth prospects
08:43 - How you should look at relations between a business and its employees
14:44 - How Amazon has strengthened their moat by thinking long-term
26:27 - The three ways a business can fund its growth and which are the most beneficial to shareholders
33:56 - Why you should seek transparency in your management teams
35:17 - How to balance investing in growth businesses with being a conservative investor
44:57 - Why having the ability to see the future of a business's profits is so key for minimizing risk
53:07 - The importance of consistently monitoring your businesses, no matter how well they've performed for you in the past
And so much more!

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

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.

Buy Common Stocks and Uncommon Profits by Philip Fisher here.

Buy Where The Money Is by Adam Seessel here.

Buy 7 Powers by Hamilton Helmer here.

Buy What I Learned About Investing From Darwin by Pulak Prasad here.

Follow Kyle on Twitter and LinkedIn.

Check out all the books mentioned and discussed in our podcast episodes here.

Enjoy ad-free episodes when you subscribe to our Premium Feed.


NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our We Study Billionaires Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.

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 sponsors:

River

Toyota

Range Rover

Sound Advisory

American Express

The Bitcoin Way

Vacasa

USPS

Onramp

SimpleMining

Public

Fundrise

BAM Capital

Shopify


HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm