MI159: The Science of Hitting w/ Alexander Morris

<p><strong>IN THIS EPISODE, YOU’LL LEARN: </strong></p><ul><li>03:00 - The initial things Alex looks at when analyzing a company.</li><li>08:37 - Why paying up for quality companies is acceptable for long-term investors.</li><li>11:33 - How ROIC plays a role in Alex’s investment decisions.</li><li>13:58 - What the objective of Alex’s portfolio is.</li><li>32:37 - Why Alex recently added Spotify to his portfolio.</li><li>35:59 - How Alex thinks about Spotify’s valuation and their path to profitability.</li><li>48:38 - The mistakes that Alex has learned over the years.</li><li>And much, much more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>EPISODE RESOURCES</strong></p><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" target="_blank"><strong>TIP Finance</strong></a>.</li><li>Check out Alex’s <a href="https://thescienceofhitting.com/" rel="noopener noreferrer" target="_blank"><strong>Newsletter</strong></a>.</li><li>Read Sven Carlsson’s book, <a href="https://www.amazon.com/Spotify-Play-Founder-Daniel-Dominance/dp/163576744X?crid=23F8SYNIGD32U&amp;keywords=the+spotify+play&amp;qid=1649187280&amp;sprefix=the+spotify+play%2Caps%2C104&amp;sr=8-1&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=81ed26b401b6545b86486221246e99eb&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>The Spotify Play</strong></a>.</li><li>Read Peter Lynch’s book, <a href="https://www.amazon.com/gp/product/0743200403?ie=UTF8&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=7ea29dde02cd3b52516740447001caae&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>One Up on Wall Street</strong></a>.</li><li>Read Peter Lynch’s book, <a href="https://www.amazon.com/Beating-Street-Peter-Lynch/dp/0671891634?crid=3P6E00DF8U7SB&amp;keywords=peter+l