Mike Nicolas's guest appearances

Mike Nicolas

We Study Billionaires - The Investor’s Podcast Network

Millennial Investing - The Investor’s Podcast Network

Warren Buffett

Gary Mishuris

Andy Edstrom

Charlie Munger

Alex Gladstein

Howard Marks

Jake Taylor

Wes Gray

Anthony Zhang

Joe Brown

Nathan Latka

David Sherman

David Trainer

Tobias Carlisle

Raoul Pal

OwlTail

Bill Nygren

IN THIS EPISODE, YOU’LL LEARN:  01:51 - The three things that Bill and Mike look for in companies they invest in.04:23 - The lines of business that Fiserv has today.26:06 - Why Fiserv is trading at a much lower valuation than PayPal and Square.34:56 - The biggest risks investing in Fiserv.45:39 - Why Oakmark views Facebook and Alphabet as value investments.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESRobert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance.Oakmark’s website.Oakmark’s market commentary.Related episode: MI124: Is Amazon a Value Stock? w/ Jason Moser.Related episode: TIP355: Why Facebook Is A Value Stock w/ Bill Nygren &amp; Mike Nicolas.Get a FREE audiobook from Audible.Check out our Investing Starter Packs about business and finance.Support our free podcast by supporting our sponsors. See the all-new 2022 Lexus NX and discover everything it was designed to do for you. Welcome to the next level.Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Take your business online with Wix, the leading website creation platform that’s got all the tools you need to create, manage and grow your brand. Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Find Pros &amp; Fair Pricing for Any Home Project for Free with Angi.Canada’s #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Be part of the solution by investing in companies that are actively engaged in integrating ESG practices with Desjardins.Read this episode’s transcript and full show notes on our website.Connect with Bill &amp; Mike: Website | LinkedIn | TwitterConnect with Clay: Twitter 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! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU’LL LEARN: <ul><li>01:51 - The three things that Bill and Mike look for in companies they invest in.</li><li>04:23 - The lines of business that Fiserv has today.</li><li>26:06 - Why Fiserv is trading at a much lower valuation than PayPal and Square.</li><li>34:56 - The biggest risks investing in Fiserv.</li><li>45:39 - Why Oakmark views Facebook and Alphabet as value investments.</li><li>And much, much more!</li></ul> *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. EPISODE RESOURCES<ul><li>Robert and Clay’s tool for picking stock winners and managing our portfolios: <a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer nofollow" target="_blank">TIP Finance</a>.</li><li>Oakmark’s <a href="https://oakmark.com/" rel="noopener noreferrer nofollow" target="_blank">website</a>.</li><li>Oakmark’s <a href="https://oakmark.com/news-insights/commentary/" rel="noopener noreferrer nofollow" target="_blank">market commentary</a>.</li><li>Related episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/amazon-stock-analysis/" rel="noopener noreferrer nofollow" target="_blank">MI124: Is Amazon a Value Stock? w/ Jason Moser</a>.</li><li>Related episode: <a href="https://www.theinvestorspodcast.com/episodes/why-facebook-is-a-value-stock-w-bill-nygren-mike-nicolas/" rel="noopener noreferrer nofollow" target="_blank">TIP355: Why Facebook Is A Value Stock w/ Bill Nygren &amp; Mike Nicolas</a>.</li><li>Get a <a href="https://www.amazon.com/Audible-Free-Trial-Digital-Membership/dp/B00NB86OYE/?&amp;_encoding=UTF8&amp;tag=millenniali0e-20&amp;linkCode=ur2&amp;linkId=1c34937c3747cd4044bdc87a7823c82f&amp;camp=1789&amp;creative=9325" rel="noopener noreferrer nofollow" target="_blank">FREE audiobook from Audible</a>.</li><li>Check out our <a href="https://www.theinvestorspodcast.com/mi-starter-packs/" rel="noopener noreferrer nofollow" target="_blank">Investing Starter Packs</a> about business and finance.</li><li>Support our free podcast by supporting our <a href="https://theinvestorspodcast.com/sponsors" rel="noopener noreferrer nofollow" target="_blank">sponsors</a>. </li><li>See the all-new 2022 <a href="http://lexus.com/NX" rel="noopener noreferrer nofollow" target="_blank">Lexus NX</a> and discover everything it was designed to do for you. Welcome to the next level.</li><li><a href="https://yieldstreet.com/" rel="noopener noreferrer nofollow" target="_blank">Yieldstreet</a> allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.</li><li>Take your business online with <a href="http://wix.com/" rel="noopener noreferrer nofollow" target="_blank">Wix</a>, the leading website creation platform that’s got all the tools you need to create, manage and grow your brand. </li><li>Push your team to do their best work with <a href="https://monday.com/" rel="noopener noreferrer nofollow" target="_blank">Monday.com</a> Work OS. Start your free two-week trial today.</li><li>Find Pros &amp; Fair Pricing for Any Home Project for Free with <a href="http://angi.com/" rel="noopener noreferrer nofollow" target="_blank">Angi</a>.</li><li>Canada’s #1 employee benefits plan for small businesses! <a href="http://buychambers.ca/" rel="noopener noreferrer nofollow" target="_blank">The Chambers Plan</a> evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.</li><li>Be part of the solution by investing in companies that are actively engaged in integrating ESG practices with <a href="https://desjardinsfunds.com/ri" rel="noopener noreferrer nofollow" target="_blank">Desjardins</a>.</li></ul> Read this episode’s transcript and full show notes <a href="https://www.theinvestorspodcast.com/millennial-investing" rel="noopener noreferrer nofollow" target="_blank">on our website.</a>Connect with Bill &amp; Mike: <a href="https://contrarianedge.com/" rel="noopener noreferrer nofollow" target="_blank">Website</a> | <a href="https://www.linkedin.com/in/katsenelson/" rel="noopener noreferrer nofollow" target="_blank">LinkedIn</a> | <a href="https://twitter.com/vitaliyk" rel="noopener noreferrer nofollow" target="_blank">Twitter</a>Connect with Clay: <a href="https://twitter.com/Clay_Finck" rel="noopener noreferrer nofollow" target="_blank">Twitter </a> HELP US OUT!Help us reach new listeners by leaving us a <a href="https://docs.google.com/presentation/d/1yJtgkwxTcMYZsdcbpjDYsnWh9tEGJWN-o_zEXbIbfKI/edit#slide=id.p" rel="noopener noreferrer nofollow" target="_blank">rating and review</a> on <a href="https://podcasts.apple.com/us/podcast/millennial-investing-the-investors-podcast-network/id1477323816" rel="noopener noreferrer nofollow" target="_blank">Apple Podcasts</a>! 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! See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

MI138: Fiserv Deep Dive w/ Bill Nygren & Mike Nicolas

In today’s episode, Trey Lockerbie welcomes back Bill Nygren and Mike Nicolas from Oakmark Funds, which currently manages over $60B in assets. When Bill and Mike were on the show last time back in April of 2020, we discussed Bank of America. Since then, BOA’s stock price has risen over 100%, so Trey takes the opportunity to discuss how they value the stock today. But, the main point of today's discussion is to take a deep dive into a potentially surprising value pick: Facebook. IN THIS EPISODE, YOU'LL LEARN:(01:47) How Bank of America is poised for growth over the long term(16:19) How Facebook is an asset-light, money printing machine with some moonshot R&amp;D that is potentially undervalued(42:55) How Oakmark has got comfortable with companies like Facebook, Netflix, and Amazon as “value stocks”(46:13) The growth still ahead for Facebook, and much much moreBOOKS AND RESOURCES:Masterworks WebsitePreston, Trey &amp; Stig’s tool for picking stock winners and managing our portfolios: TIP Finance Tool Browse through all our episodes (complete with transcripts) hereSupport our free podcast by supporting our sponsorsCheck out Kraken's industry-leading staking service, where you can put your crypto to work for you and earn up to 20% in additional rewards annuallyJoin OurCrowd and get to invest in medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much moreUncover thousands of business ideas and discover the steps you need to execute with My First Million. Search My First Million on your podcast appSavor every moment with ButcherBox. New members can get one pack of free bacon in EVERY box for the life of their membership when they sign upMake documents, ask a lawyer your legal questions, and sign contracts on the go with Rocket Lawyer. Head to rocketlawyer.com/workconfidently to start your free trial todaySimplify working with multiple freelancers, set budgets, and manage projects with ease with Fiverr Business. Get 1 free year and save 10% on your purchase on with promo code INVESTORSBring your WiFi up to speed with Orbi WiFi 6 from NETGEAR. Save 10% with promo code BILLION10Get three months free when you protect yourself with ExpressVPN, the VPN we trust to keep us private onlineGet into a topic quickly, find new topics, and figure out which books you want to spend more time listening to more deeply with Blinkist. Get 25% off and a 7-day free trial todayHELP 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!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In today’s episode, Trey Lockerbie welcomes back Bill Nygren and Mike Nicolas from Oakmark Funds, which currently manages over $60B in assets. When Bill and Mike were on the show last time back in April of 2020, we discussed Bank of America. Since then, BOA’s stock price has risen over 100%, so Trey takes the opportunity to discuss how they value the stock today. But, the main point of today's discussion is to take a deep dive into a potentially surprising value pick: Facebook.  IN THIS EPISODE, YOU'LL LEARN:<ul><li>(01:47) How Bank of America is poised for growth over the long term</li><li>(16:19) How Facebook is an asset-light, money printing machine with some moonshot R&amp;D that is potentially undervalued</li><li>(42:55) How Oakmark has got comfortable with companies like Facebook, Netflix, and Amazon as “value stocks”</li><li>(46:13) The growth still ahead for Facebook, and much much more</li></ul> BOOKS AND RESOURCES:<ul><li>Masterworks <a href="http://www.masterworks.io" rel="noopener noreferrer nofollow" target="_blank">Website</a></li><li>Preston, Trey &amp; Stig’s tool for picking stock winners and managing our portfolios: <a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer nofollow" target="_blank">TIP Finance Tool </a></li><li>Browse through all our episodes (complete with transcripts) <a href="https://www.theinvestorspodcast.com/we-study-billionaires/" rel="noopener noreferrer nofollow" target="_blank">here</a></li><li>Support our free podcast by supporting our <a href="https://theinvestorspodcast.com/sponsors/" rel="noopener noreferrer nofollow" target="_blank">sponsors</a></li><li>Check out <a href="https://www.kraken.com/tip" rel="noopener noreferrer nofollow" target="_blank">Kraken</a>'s industry-leading staking service, where you can put your crypto to work for you and earn up to 20% in additional rewards annually</li><li>Join <a href="https://ourcrowd.com/study" rel="noopener noreferrer nofollow" target="_blank">OurCrowd</a> and get to invest in medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much more</li><li>Uncover thousands of business ideas and discover the steps you need to execute with <a href="https://thehustle.co/my-first-million-podcast/" rel="noopener noreferrer nofollow" target="_blank">My First Million</a>. Search My First Million on your podcast app</li><li>Savor every moment with <a href="https://www.butcherbox.com/investors" rel="noopener noreferrer nofollow" target="_blank">ButcherBox</a>. New members can get one pack of free bacon in EVERY box for the life of their membership when they sign up</li><li>Make documents, ask a lawyer your legal questions, and sign contracts on the go with Rocket Lawyer. Head to <a href="https://www.rocketlawyer.com/workconfidently" rel="noopener noreferrer nofollow" target="_blank">rocketlawyer.com/workconfidently</a> to start your free trial today</li><li>Simplify working with multiple freelancers, set budgets, and manage projects with ease with <a href="https://fiverr.com/business" rel="noopener noreferrer nofollow" target="_blank">Fiverr Business</a>. Get 1 free year and save 10% on your purchase on with promo code INVESTORS</li><li>Bring your WiFi up to speed with Orbi WiFi 6 from <a href="https://netgear.com/bestwifi" rel="noopener noreferrer nofollow" target="_blank">NETGEAR</a>. Save 10% with promo code BILLION10</li><li>Get three months free when you protect yourself with <a href="https://www.expressvpn.com/tip" rel="noopener noreferrer nofollow" target="_blank">ExpressVPN</a>, the VPN we trust to keep us private online</li><li>Get into a topic quickly, find new topics, and figure out which books you want to spend more time listening to more deeply with <a href="https://blinkist.com/billionaires" rel="noopener noreferrer nofollow" target="_blank">Blinkist</a>. Get 25% off and a 7-day free trial today</li></ul> HELP US OUT!Help us reach new listeners by leaving us a <a href="https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit" rel="noopener noreferrer nofollow" target="_blank">rating and review</a> on <a href="https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489" rel="noopener noreferrer nofollow" target="_blank">Apple Podcasts</a>! 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! See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

TIP355: Why Facebook Is A Value Stock w/ Bill Nygren & Mike Nicolas