MI301: Deep Value: Timeless Strategies, New Insights w/ Bill Nygren and Robert Bierig

Kyle Grieve chats with Bill Nygren and Robert Bierig about the formation of Harris Associates, their value-based investing strategy, their unique way they have their analysts and portfolio managers come to a consensus on a stock, a deep dive on an exciting underpriced business they’ve recently added in IQVIA, a look at some undervalued industries, the importance of re-evaluating your stocks regularly when information changes, and a whole lot more!

IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
13:19 - Why calculations of intrinsic value must be adjusted regularly to ensure a degree of accuracy.
02:44 - Why focusing on long-term returns helps align them with their partners.
02:44 - How a value-based approach has shaped their investing philosophy.
07:10 - The importance of per share growth when looking at growth metrics.
22:16 - A deep dive into one of their newest portfolio additions, IQVIA.
45:42 - Which industries Bill is seeing value in right now.
53:33 - How to look at growth stocks through a value perspective with examples of Adobe and Uber.
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.

Watch or listen to Bill Nygren’s investing appearances here.

Read Robert Bierig’s interview with The Street on his investing philosophy here.

Related episode: Listen to TIP430: From Facebook To Meta And Beyond w/ Bill Nygren or watch the video.

Related episode: Listen to TIP254: Value Investing w/ Bill Nygren 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 sponsors:

Linkedin Marketing Solutions

Fundrise

TurboTax

HelloFresh

NetSuite

Connect with Kyle: Twitter | Website
Connect with Bill: LinkedIn | Website
Connect with Robert: LinkedIn | Website
Learn more about your ad choices. Visit megaphone.fm/adchoices

Kyle Grieve chats with Bill Nygren and Robert Bierig about the formation of Harris Associates, their value-based investing strategy, their unique way they have their analysts and portfolio managers come to a consensus on a stock, a deep dive on an exciting underpriced business they’ve recently added in IQVIA, a look at some undervalued industries, the importance of re-evaluating your stocks regularly when information changes, and a whole lot more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

13:19 - Why calculations of intrinsic value must be adjusted regularly to ensure a degree of accuracy.

02:44 - Why focusing on long-term returns helps align them with their partners.

02:44 - How a value-based approach has shaped their investing philosophy.

07:10 - The importance of per share growth when looking at growth metrics.

22:16 - A deep dive into one of their newest portfolio additions, IQVIA.

45:42 - Which industries Bill is seeing value in right now.

53:33 - How to look at growth stocks through a value perspective with examples of Adobe and Uber.

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.
Watch or listen to Bill Nygren’s investing appearances here.
Read Robert Bierig’s interview with The Street on his investing philosophy here.
Related episode: Listen to TIP430: From Facebook To Meta And Beyond w/ Bill Nygren or watch the video.
Related episode: Listen to TIP254: Value Investing w/ Bill Nygren 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 sponsors:

Linkedin Marketing Solutions
Fundrise
TurboTax
HelloFresh
NetSuite

Connect with Kyle: Twitter | Website

Connect with Bill: LinkedIn | Website

Connect with Robert: LinkedIn | Website

Learn more about your ad choices. Visit megaphone.fm/adchoices