We Study Billionaires - The Investors Podcast

On today’s episode, Clay and Kyle give an overview of their best quality stock idea for Q4 2024. This quarter, they discuss Mastercard. Mastercard is a well-known company in the world of quality investors. Since its IPO in 2006, the stock has compounded at north of 30% per year. Alongside Visa, Mastercard operates in a duopolistic industry which enables them to continue to grow for long time periods with little capital investment. The company is also held in many superinvestors portfolios, including Chuck Akre, Dev Kantesaria, Warren Buffett, Francois Rochon, Guy Spier, and Tom Russo — many of which have been featured on our podcast. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:06 - An overview of Mastercard’s business model and what happens when we make everyday payments. 09:51 - Why Fintech companies aren’t a threat to Mastercard and Visa. 14:44 - Why Mastercard and Visa have one of the strongest moats in the world. 44:32 - The potential risks of investing in Mastercard. 57:30 - Our thoughts on Mastercar