On today’s show, we talk to Sean Stockton about the intrinsic value of First Republic Bank (FRC)
IN THIS EPISODE YOU’LL LEARN:
- What is the intrinsic value of First Republic Bank
- Why First Republic Bank can be seen as a retail business with a superior franchise
- How to value banks, and the importance of price to tangible book value
- Which key ratios to use to evaluate performance and debt levels of banks
- Ask The Investors: How to pick stocks when you have a full-time job
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
- Sean Stannard-Stockton’s company, Emsemble Capital
- Ensemble Capital’s educational blog
- Check out Millennial Investing by The Investor’s Podcast Network
- Sign up to the TIP live event in Los Angeles with Stig and David by emailing: stig@theinvestorspodcast.com
- Join the Mastermind Group and the TIP Community for the Berkshire Hathaway Annual Shareholder’s Meeting
NEW TO THE SHOW?
- Check out our We Study Billionaires Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- 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:
- River
- Efani
- Babbel
- AlphaSense
- Vanta
- American Express Business Gold Card
- Alto
- Salesforce
- NetSuite
- Ka'Chava
- Wise
- Toyota
- Shopify
HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!