Description
In today’s episode, Shawn O’Malley (@Shawn_OMalley_) is joined by stock investor and founder of The All-in-One Investing Platform, Daniel Mahncke, to break down the company behind the S&P 500 index: S&P Global.
You’ll learn about the five different business units at S&P Global, how the company has built up such deep moats in its credit ratings and indices businesses, how the company’s merger with IHS Markit has affected its future outlook, why the company faced allegations of enabling the Great Financial Crisis, its current valuation and intrinsic value estimate, plus so much more!
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IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro
06:30 - How S&P Global was formed and which business units are most important today
07:09 - Why S&P Global is such an important company behind the scenes in financial markets
12:43 - What credit ratings are and why they matter to companies
17:03 - How S&P Global provides data to participants throughout financial markets
35:27 - What was S&P Global’s role in the Great Financial Crisis
38:05 - Why the company is so attractive to investors
39:09 - What risks undermine S&P Global’s future returns
41:51 - Whether Shawn and Daniel think the stock offers good value today
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Daniel Mahncke’s All-In-One Investing Platform.
Value Investors Club post breaking down S&P Global.
Try valuing S&P Global for yourself with our TIP Finance tools.
Andrew Ross Sorkin's book, Too Big to Fail.
Check out the books mentioned in the podcast here.
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