MI250: How to Find High Quality Companies w/ Braden Dennis

Millennial Investing - The Investor’s Podcast Network

Rebecca Hotsko chats with Braden Dennis. In this episode, they discuss Braden’s investment process looks like for finding great stocks, his 6-question framework for finding “high-quality businesses” to invest in, how to determine if a company’s high ROIC is sustainable or not, Braden’s analysis and deep dive into Constellation Software and Shopify, why the P/E ratio is not the right multiple to value Shopify with, and what metrics are more relevant to the company, how to make sure you don’t overpay for a business that’s trading at a premium, Braden’s thoughts on Brookfield Asset Management company given its spin-off, is Brookfield Asset Management’s spin-off good for shareholder value, and so much more!

Braden is the founder of Stratosphere and the co-host of The Canadian Investor Podcast.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

04:32 - What Braden’s investment process looks like for finding great stocks.

06:36 - His 6-question framework and checklist for finding “high-quality businesses” to invest in.

10:53 - The most important factors he looks for to identify a company has a sustainable moat.

13:23 - How to determine if a company’s high ROIC is sustainable or not.

16:55 - Braden’s analysis and deep dive into Constellation Software and Shopify.

30:30 - How to make sure you don’t overpay for a business that’s trading at a premium.

37:39 - Why the P/E ratio is not the right multiple to value Shopify with, and what metrics are more relevant to the company.

50:46 - Braden’s thoughts on Brookfield Asset Management company given its recent spin-off.

51:06 - Is Brookfield Asset Management’s spin-off good for shareholder value.

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.
• Check out: Stratosphere.
• Check out: The Canadian Investor Podcast.
• Related Episode: Listen to MI239: Deep Dive into Apple & Google w/ Logan Kane, or watch the video.

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SPONSORS

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• Toyota
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• DeleteMe
• Yahoo! Finance
• Fundrise
• Public
• NetSuite
• NerdWallet

Connect with Braden: Website | LinkedIn | Twitter

Connect with Rebecca: Twitter | Instagram

Email: [e-mail]

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