In today's episode, 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 - Intro03:19 - Why Toby is bullish on VeriSign (Ticker on NASDAQ: VRSN)07:29 - The bear case of VeriSign, including the threat of AI26:40 - Stig’s bull case is for Lifco (Ticker on the Swedish Stock Exchange: Lifco-B) 42:35 - The bear case for Lifco, including what it implies to be priced for perfection. 1:07:45 - Why Shawn has invested in Ulta Beauty (Ticker on NASDAQ: ULTA)1:26:46 - The bear case for Ulta includes competitive pressure from Sephora and the CEO stepping down.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES<ul>
<li>Join the exclusive <a href="https://www.theinvestorspodcast.com/mastermind-2/">TIP Mastermind Community</a> to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.</li>
<li>Stig Brodersen’s <a href="https://www.theinvestorspodcast.com/articles/stig-brodersen-track-record-portfolio/">Portfolio and Track record</a>. </li>
<li>Listen to <a href="https://link.chtbl.com/WSB681">Mastermind Discussion Q4 2024</a> or watch the <a href="https://www.theinvestorspodcast.com/episodes/mastermind-q4-2024-w-stig-brodersen-tobias-carlisle-and-hari-ramachandra/">video</a>.  </li>
<li>Listen to <a href="https://link.chtbl.com/WSB660">Mastermind Discussion Q3 2024</a> or watch the <a href="https://www.theinvestorspodcast.com/episodes/mastermind-q3-2024-w-stig-brodersen-tobias-carlisle-and-hari-ramachandra/">video</a>.</li>
<li>Listen to <a href="https://link.chtbl.com/WSB632">Mastermind Discussion Q2 2024</a> or watch the <a href="https://www.theinvestorspodcast.com/episodes/mastermind-q2-2024-w-tobias-carlisle-and-hari-ramachandra/">video</a>.</li>
<li>Tune in to the <a href="https://link.chtbl.com/WSB610">Mastermind Discussion Q1 2024</a> or watch the <a href="https://www.theinvestorspodcast.com/episodes/mastermind-q1-2024-w-tobias-carlisle-and-hari-ramachandra/">video</a>.</li>
<li>Listen to <a href="https://link.chtbl.com/WSB586">Mastermind Discussion Q4 2023</a> or watch the <a href="https://www.theinvestorspodcast.com/episodes/mastermind-q4-2023-w-tobias-carlisle-and-hari-ramachandra/">video</a>.</li>
<li>Tune in to the <a href="https://link.chtbl.com/WSB576">Mastermind Discussion Q3 2023</a> or watch the <a href="https://www.theinvestorspodcast.com/episodes/mastermind-q3-2023-w-tobias-carlisle-and-hari-ramachandra/">video</a>.</li>
<li>Listen to <a href="https://link.chtbl.com/WSB557">Mastermind Discussion Q2 2023</a> or watch the <a href="https://www.theinvestorspodcast.com/episodes/mastermind-q2-2023-w-tobias-carlisle-and-hari-ramachandra/">video</a>.</li>
<li>Tune in to <a href="https://link.chtbl.com/WSB528">Mastermind Discussion Q1 2023</a> or watch the <a href="https://www.theinvestorspodcast.com/episodes/mastermind-q1-2023-w-tobias-carlisle-and-hari-ramachandra/">video</a>.</li>
<li>Tobias Carlisle's podcast, <a href="https://acquirersmultiple.com/podcast/">The Acquirers Podcast</a>
</li>
<li>Tobias Carlisle's ETF, <a href="https://www.acquirersfund.com/">ZIG</a>.</li>
<li>Tobias Carlisle's ETF, <a href="https://www.etf.com/DEEP">Deep</a>.</li>
<li>Tobias Carlisle's book, <a href="https://www.amazon.com/gp/product/0692928855?ie=UTF8&linkCode=ll1&tag=tipnetwork-20&linkId=7447bc9a5470ca02a2f07816fb29f5c3&language=en_US&ref_=as_li_ss_tl">The Acquirer's Multiple</a> – read reviews of this book.</li>
<li>Tobias Carlisle's Acquirer's Multiple stock screener: <a href="https://acquirersmultiple.com/?ref=5&campaign=TheInvestor%27sPodcast">AcquirersMultiple.com</a>.</li>
<li>Tweet directly to <a href="https://x.com/Greenbackd">Tobias Carlisle.</a>
</li>
<li>Tweet directly to <a href="https://x.com/Shawn_OMalley_">Shawn O'Malley</a>.</li>
<li>Check out The Intrinsic Value Podcast on <a href="https://x.com/TIV_Podcast">X (Twitter)</a>.</li>
<li>Check out all the books mentioned and discussed in our podcast episodes <a href="https://prodcast.io/wsb">here</a>.</li>
<li>Enjoy ad-free episodes when you subscribe to our <a href="https://premium.theinvestorspodcast.com/">Premium Feed</a>.</li>
</ul><h3></h3>NEW TO THE SHOW?<ul>
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<li>Follow our official social media accounts: <a href="https://twitter.com/TIP_Network">X (Twitter)</a> | <a href="https://www.linkedin.com/company/the-investor's-podcast/">LinkedIn</a> | <a href="https://www.instagram.com/theinvestorspodcastnetwork/">Instagram</a> | <a href="https://www.facebook.com/TheInvestorsPodcast">Facebook</a> | <a href="https://www.tiktok.com/@theinvestorspodcast">TikTok</a>.</li>
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<li>Try our tool for picking stock winners and managing our portfolios: <a href="https://www.theinvestorspodcast.com/tip-finance/">TIP Finance Tool</a>.</li>
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TIP696: Mastermind Discussion Q1, 2025 w/ Stig Brodersen, Tobias Carlisle, and Shawn O'Malley

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