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#600February 12, 202457:24

What Stock Would Warren Buffett Buy If He Started Over In 2024?

About This Episode

In this special 'Stockapalooza' episode, Shaan and Sam each present a detailed investment case for a single stock they believe can outperform the S&P 500 over the next decade. Shaan pitches TKO Group Holdings (UFC/WWE) as a recession-proof monopoly on human nature, while Sam makes the case for Ferrari as a high-margin luxury brand that thrives on exclusivity and the Lindy effect.

Episode Description

Episode 549: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) bring you the first annual MFM Stock-a-palooza. Sam and Shaan go head-to-head with their #1 stock picks.  No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd

Show Notes

  • 0:00Intro
  • 3:00Rules of Stock-a-palooza
  • 7:305 reasons to buy brands not stocks
  • 9:30Shaan's stock pick: TKO
  • 18:30But the risks...
  • 21:00Forecast: Rising micro tide
  • 27:30Sam's rule: Numbers be damned
  • 29:00LVMH model
  • 33:00Sam's pick: Ferrari
  • 36:00The ultimate brand play: Exclusivity
  • 43:30The downsides
  • 49:00Lamborghini’s revenge

Key Takeaways

1

Apply the 'Buffett Formula' by looking for companies with high understandability, durable economic moats, and the ability to generate significant cash flow without heavy capital reinvestment.

2

Evaluate potential investments through the 'Lindy Effect,' which suggests that the longer a non-perishable brand or idea has existed, the longer it is likely to persist into the future.

3

Look for 'Missionary' founders rather than 'Mercenaries'—businesses that prioritize brand integrity and exclusivity (like Ferrari's intentional supply limits) often achieve far higher profit margins than those chasing mass-market volume.

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Quick Stats

Duration57:24
Guests0
Ideas Discussed0
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