IN THIS EPISODE, YOU’LL LEARN:

• Why Mercado Libre continues to grow rapidly despite short-term margin pressure
• How Mercado Libre’s ecosystem creates long-term advantages in e-commerce and fintech
• Why Amazon’s investments in AI and robotics could significantly expand margins
• How AWS and AI infrastructure demand position Amazon for long-term growth
• The real risks AI poses to SaaS and vertical market software businesses
• Why companies like Constellation Software may remain more resilient than investors fear
• Daniel’s thoughts on Hermès after the recent 40% pullback in the stock
• And so much more!

Disclosure: This episode and the resources on this page are for informational and educational purposes only and do not constitute financial, investment, tax, or legal advice. For full disclosures, see link.

TRANSCRIPT

Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.

[00:00:02] Clay Finck: On today’s episode, I’m joined by Daniel Mahncke to discuss the companies we find most interesting in today’s market. We cover Mercado Libre’s long term growth potential, Amazon’s expanding earnings power driven by AI and robotics, and how AI could impact Constellation Software and other related companies. We wrap up the discussion by touching on a company that AI is very unlikely to disrupt, and that is Hermes. It’s bittersweet for me to also share that this is actually my last episode as a host here at The Investor’s Podcast Network.

[00:00:34] Clay Finck: I’d like to take the opportunity to thank everyone who has tuned in over the years and supported me in this journey. Without people like you listening, this incredible journey would not have been possible for me. It’s somewhat surreal to have been a host for the past four and a half years, as I was a huge fan of the show for many years prior to joining TIP, and I’ll certainly continue to be a listener for many years to come. I’d also like to give a shout out to TIP’s co-founder Stig Brodersen.

[00:01:00] Clay Finck: He’s just been a fantastic mentor to me while I’ve been here. He puts countless hours behind the scenes into developing the culture here at the company and being someone who leads by example for us all. It’s safe to say that my experience here as a host will carry with me for the rest of my life, and I appreciate you being a part of this journey with me. If anyone would like to stay connected with me in the meantime, feel free to get in touch on LinkedIn or Twitter. I’d be very happy to connect. But with that said, I know the listeners will still be in good hands with the hosts that are stepping in here and filling the gap on the feed. One of which will be Daniel, who’s joining me for today’s conversation. So with that, I bring you today’s episode with Daniel Mahncke.

[00:01:40] Intro: Since 2014, with more than 200 million downloads. We have interviewed the world’s best investors, studied deeply the principles of value investing, and uncovered many compelling investment opportunities. We focus on understanding businesses and intrinsic value, investing accordingly and sharing everything we learn with you. This show is not investment advice. It’s intended for informational and entertainment purposes only. All opinions expressed by hosts and guests are solely their own, and they may have investments in the securities discussed. Now for your host, Clay Finck.

[00:02:27] Clay Finck: Welcome to The Investor’s Podcast. I’m your host, Clay Finck, and today I’m joined by my co-host, Daniel Mahncke. Daniel, as always, great to chat with you as always.

[00:02:38] Daniel Mahncke: Happy to be here. Clay.

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• Daniel’s ⁠model⁠ on Hermès.
• Related Episode: ⁠TIP804: Kinsale Capital Stock Deep Dive w/ Clay Finck & Daniel Mahncke⁠.
• Related Episode: ⁠TIVP058: Hermes: The Most Prestigious Luxury Brand in the World w/ Daniel Mahncke & Shawn O’Malley⁠.
• Related Episode: ⁠TIVP060: Constellation Software (CSU): Historic Drawdown, Historic Buying Opportunity w/ Daniel Mahncke & Shawn O’Malley⁠.
• Related ⁠books⁠ mentioned in the podcast.
• Ad-free episodes on our Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

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