MI Rewind: Pricing Power & Ferrari Stock w/ Arif Karim

Clay Finck chats with Arif Karim about the importance of pricing power, the investment case for Ferrari stock, and much more!

Arif is a senior investment analyst at Ensemble Capital. Before joining Ensemble Capital, he was a senior investment analyst and co-portfolio manager at Kilimanjaro Capital.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:03 - The importance of pricing power for a company operating in an inflationary environment.

04:06 - How an investor can determine whether a company has adequate pricing power or not.

09:39 - Why Costco has spectacular pricing power, despite their very low margins.

15:52 - The investment case for Ferrari.

38:58 - What an idiosyncratic business is.

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 Ensemble Capital’s Blog: Intrinsic Investing.
• Related episode: Listen to MI149: Peter Lynch & GARP Investing w/ Robert Reynolds, or watch the video.
• Related episode: Listen to TIP376: The Value Of Netflix w/ Arif Karim, or watch the video.

NEW TO THE SHOW?

• Check out our Millennial Investing Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
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• Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
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SPONSORS

Support our free podcast by supporting our sponsors:

• Range Rover
• Airbnb
• Toyota
• Public
• NetSuite

Connect with Arif: Website | Twitter | LinkedIn   

Connect with Clay: Twitter

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