The Investor's Podcast

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Dive in here: intrinsicvalue.beehiiv.com/p/kpg

The next 50-bagger rarely looks obvious. Kelly Partners Group is a serial acquirer with a proven playbook, now down 50% from its highs. Sentiment has flipped. The model has not. The question is whether the market is missing something.

Today on The Intrinsic Value Podcast, @MnkeDaniel and @Shawn_OMalley_ take a deep dive into Kelly Partners — a fast-growing Australian chartered accounting network with over 25,000 SME clients and founder Brett Kelly’s relentless ambition to build Australia’s first global accounting firm. Join Daniel and Shawn as they assess whether Kelly Partners has a sustainable moat, an attractive valuation, and whether Kelly Partners therefore deserves a spot in The Intrinsic Value Portfolio. Watch the full episode: youtu.be/zii-PxspGg8

Kyle also shares personal investing experiences and frameworks that blend VC thinking with value investing principles to identify asymmetric opportunities and long-term compounders. Watch the full episode: youtu.be/vw_qkjs36f8

In today’s episode, Kyle Grieve (@IrrationalMrkts) discusses lessons from venture capital that long-term value investors can apply to improve decision-making. He explores concepts such as power laws, network effects, de-risking investments, and the importance of holding high-potential businesses. Listen here: tinyurl.com/bda8pdn2

François also digs into his top holdings, including Constellation Software, Alphabet, and Meta, and makes the case that great businesses with durable moats remain attractive even amid technological disruption. Watch the full episode: youtu.be/P_-vRg1QnU0

On today’s episode, @Clay_Finck is joined by François Rochon to discuss his 2025 annual letter and the key themes shaping markets in 2025. François shares his thoughts on the rapid rise of artificial intelligence, drawing historical parallels to the railroad boom and the early internet era to highlight the difficulty of valuing AI businesses. Listen here: tinyurl.com/yc56b5zw

Read the full breakdown here: intrinsicvalue.beehiiv.com/p/fig

IPO hype often ends the same way. Once the excitement fades, the market throws the stock into the penalty box. Figma is now down nearly 80% since its IPO despite impressive growth. Has sentiment pushed the stock too far below intrinsic value?

In this episode, you’ll learn how Figma burst onto the scene after three long years of toiling in the background, why Figma’s stock has crash 80% since IPO, how the company is defining the future of design with AI, and whether Figma’s stock is attractively priced at current levels, plus so much more! Watch the full episode: youtu.be/dmieRHJaGeo

This week on The Intrinsic Value Podcast, @Shawn_OMalley_ and @MnkeDaniel break down the emerging design giant Figma Inc. (ticker: FIG) and discuss whether the company can expand further into other enterprise design software verticals against Adobe, or whether it will be disrupted by AI design tools. Listen to the episode: tinyurl.com/yc2z7hcy

Kyle explores the philosophies of Shelby Davis, his son Shelby Cullom Davis, and his grandson Chris Davis, highlighting lessons on frugality, contrarian thinking, valuation discipline, and the power of long-term compounding. Along the way, Kyle breaks down timeless investing principles, from avoiding cheap junk and expensive greatness to betting on superior management and letting time do the heavy lifting, that investors can apply to their own portfolios. Watch the full episode: youtu.be/y852XihRwt0

Today, Kyle Grieve (@IrrationalMrkts) discusses the remarkable story of the Davis Dynasty, a multi-generational investing family that compounded wealth through discipline, focus, and a deep understanding of insurance businesses. Listen here: tinyurl.com/5n73dbz9

Clay explores the company’s strategic shift toward a recurring revenue model with the Switch platform and analyzes whether Nintendo’s powerful intellectual property and growing ecosystem can continue compounding value for shareholders. Watch the full episode: youtu.be/2mC594q-s9M

In this episode, @Clay_Finck breaks down the fascinating history and business model of Nintendo, one of the most iconic entertainment companies in the world. From its origins as a playing card manufacturer in 1889 to the creation of globally recognized franchises like Mario, Zelda, and Pokémon, Nintendo has repeatedly reinvented itself while maintaining a focus on creative, family-friendly gaming experiences. Listen here: tinyurl.com/kuh6bk8f

The real question is whether the business model survives in a world of AI. Full breakdown: intrinsicvalue.beehiiv.com/p/duol

Some investors think Duolingo could become a trillion-dollar company. Today it trades at about a $5B market cap. Surprisingly, the valuation is not crazy. Less than 20x free cash flow with revenue growing over 30%.

Join @MnkeDaniel & @Shawn_OMalley_ as they break down Duolingo, the language learning app with 50M+ daily users. The company aims to build the world’s largest learning platform, yet the stock has fallen 80% as investors fear AI disruption. Listen: tinyurl.com/4697r3ye Watch: youtu.be/1lQNqxRHBw4

Watch the full episode: youtu.be/gcSHN7zRhv4

John Malone built one of the greatest capital allocation records ever. On today’s episode, Kyle Grieve (@IrrationalMrkts) breaks down Malone’s playbook including leverage, tax-efficient deals, decentralized leadership, asymmetric bets, and the lifeboat framework. Listen: tinyurl.com/a4yy55kw