About these summaries
Octagon has summarized 64 episodes of The Intrinsic Value Podcast published between Jan 4, 2026 and Nov 10, 2026. The companies discussed most often are Amazon, Uber and Adobe. Frequent guests include Peter Oey. Each summary lists key takeaways, short timestamped quotes and the companies and tickers mentioned, with a link to the full episode.
Most-mentioned tickers
- AMZN 6
- UBER 6
- META 5
- ADBE 4
- GOOG 4
- GOOGL 4
- MELI 4
- NFLX 4
- TDG 4
- ABNB 3
- CPRT 3
- CSGP 3
- RACE 3
- BRK-B 2
- CPA 2
Most-mentioned companies
- Amazon 6
- Uber 6
- Adobe 4
- Constellation Software 4
- Mercado Libre 4
- Meta 4
- Netflix 4
- TransDigm 4
- Airbnb 3
- Copart 3
- Ferrari 3
- Google 3
- Reddit 3
- Berkshire Hathaway 2
- Copa Holdings 2
Frequent guests
- Peter Oey 2
Episodes
- Canadian Pacific Kansas City Limited (CP.TO): Irreplaceable Moat, Unproven Compounding
Canadian Pacific Kansas City is presented as a railroad with a moat that is easy to see: about 20,000 miles of track, irreplaceable land rights, and the only North American…
- Reddit (RDDT): Record Cash Flow, Collapsing Share Price
Reddit’s stock sold off sharply after Q3 even though revenue grew more than 50% year over year and margins improved, because management warned that daily users could shrink next…
- McDonald's ($MCD): Generational Compounder in Historical Drawdown
McDonald's is framed less as a restaurant operator than as a franchised real estate platform: it runs only about 5% of its restaurants itself, owns the land under roughly 60% of…
- Mercado Libre ($MELI): We Doubled Down on Meli!
Mercado Libre’s thesis remains centered on a reinforcing flywheel: marketplace scale feeds Mercado Pago, credit, logistics, and advertising, while off-platform payments and…
- Airbnb (ABNB) The Business Outgrew Its Peak, the Stock Hasn't
Airbnb’s slowdown was framed less as a broken thesis than as a business investing ahead of its next phase.
- GE Aerospace: The Ultimate Compounder?
GE Aerospace is presented as the highest-quality business in aviation, even compared with Heico and TransDigm, because it combines huge scale, a deep installed base, and a…
- Shopify: The Big Winner of Agentic Commerce?
Shopify has moved from a stock the hosts passed on to one that nearly doubled, and they use the episode to audit that decision without hiding behind hindsight.
- Aritzia (ATZ.TO): The Women's Apparel Brand Conquering the US, plus Nike, Lulu, and More
Aritzia is presented as a women’s apparel compounder with an increasingly US-centric growth story, but also as a retailer whose main moat is brand rather than structural barriers.
- Hermès and LVMH Stock: Time to Buy Luxury?
The hosts frame Hermes and LVMH as fallen luxury names trading near historical valuation lows after two weak years for the sector.
- Walmart (WMT): From Discount Retailer to eCommerce Powerhouse
Walmart is presented as far more than a traditional discount retailer: it now combines stores with e-commerce, a marketplace, pickup and delivery, advertising, and membership fees.
- HEICO Vs. TransDigm: Whose Aerospace Monopoly Is Better?
HEICO and TransDigm are both aerospace components businesses with unusually strong pricing power, but they get there in very different ways.
- Meta (META): What the Market Misses
Meta is being presented as a company where the market may be overfocused on legal noise and capex while underestimating the durability of the ad machine and the optionality…
- Alphabet (GOOGL): The Megacap That Still Might Be Underrated
Alphabet has shifted from a cash-rich, buyback-heavy company to one making enormous commitments to AI infrastructure, with plans to spend around $200 billion on data centers in a…
- Copart Stock (CPRT): Is Copart now a Buy?
Copart is framed as a marketplace for total-loss vehicles: insurers send wrecked cars to Copart, which handles logistics, auctions them online, and earns fees from both sellers…
- Uber Stock: Just Keeps Getting Cheaper
Uber’s stock has barely moved over the past 15 months even as free cash flow has tripled to roughly $10 billion a year, and the hosts argue the market is underestimating how much…
- Applovin (APP): The 30-Bagger Down More Than Half
AppLovin is presented as a broken stock rather than a broken business: revenue has reportedly grown more than 50% while free cash flow keeps compounding, even as the shares have…
- Comfort Systems (FIX): The Five-Bagger We Passed On
Comfort Systems USA moved from a seemingly cyclical, fairly valued contractor into a five-bagger because its exposure to data centers, chip manufacturing, and broader…
- Palantir Stock (PLTR): Palantir is Cheaper than I Thought!
Palantir is presented as a company the hosts once saw as wildly overvalued, but now view as more attractive because growth has reaccelerated while the valuation multiple has not…
- Domino's Pizza (DPZ): Is the Royalty Engine Still Running?
Domino’s is presented as a royalty-like, asset-light business that has compounded earnings per share at more than 15% over the last two decades, even though revenue growth has…
- Google, Reddit, Amazon, TSMC – Are our Biggest Winners Still a Buy Now?
The hosts revisit their biggest winners and ask whether the stocks that worked best are still worth holding at current prices.
- Exor NV (EXO): The Massive Discount Continues To Widen
Exor’s thesis has gone the wrong way in the short term: the shares fell from about $86 to $79, while the implied discount to net asset value widened after Exor sold about €3…
- Adobe, Lululemon, PayPal – Are our Biggest Losers a Buy Now?
The hosts revisit the biggest disappointments from the last year and a half of stock pitches and use them to pressure-test their process.
- DLocal (DLO): Multibagger Potential with Decade-Long Runway
DLocal is presented as a B2B payments platform built for emerging markets, where global merchants such as Amazon, Netflix, Spotify, and Uber need a single integration to collect…
- Betting On This Year's Worst Stock: Intuit
Intuit is presented as a high-quality software compounder that the market has suddenly treated like a broken business.
- Perimeter Solutions (PRM): A Niche Monopoly, One Acquisition at a Time
Perimeter Solutions is presented as a public-market clone of Nick Howley’s TransDigm playbook: buy niche, mission-critical businesses in protected markets, then compound cash…
- Pinduoduo (PDD): Is PDD the Best Buy in China?
Pinduoduo is presented as a rare case of a Chinese e-commerce platform that scaled by serving shoppers Alibaba and JD largely ignored: lower-tier-city, value-conscious consumers.
- Fairfax Financial (FFO.TO): The Berkshire Of The North
Fairfax Financial is presented as a Berkshire-like compounder built by Prem Watsa from a nearly bankrupt Canadian trucking insurer into a diversified holding company with about…
- SpaceX (SPCX): Is It Really Worth $2 Trillion Dollars?
SpaceX’s 2026 IPO is presented as a test of whether a company can deserve a valuation near $2.5 trillion when the market is paying up for a story as much as for current profits.
- Kaspi Stock ($KSPI): Beating the Market with an E-Commerce Monopoly?
Kaspi.kz is presented as a rare emerging-market super-app that has turned a former retail bank into the dominant platform for payments, e-commerce, lending, and government…
- How Grab Beat Uber: Inside the Rise of Southeast Asia’s Super App w/Grab's CFO Peter Oey
Peter Oey argues that Grab’s edge came from being intensely local in Southeast Asia, not from trying to copy a Western ride-hailing model.
- How Grab Beat Uber: Inside the Rise of Southeast Asia’s Super App w/Grab's CFO Peter Oey
Grab has evolved from a 2012 taxi-hailing app in Kuala Lumpur into a Southeast Asia super app with 52 million monthly transacting users, 9 million daily transacting users, and…
- Leveraged Multi-Bagger?
RH is being framed as a luxury ecosystem, not just a furniture retailer, with the hosts arguing that Gary Friedman has spent years turning the brand into a lifestyle platform…
- Monopoly on the Used-Car Market
Auto1 Group is presented as a vertically integrated European used-car platform that tries to solve the friction of selling and buying cars by offering a fast, data-driven third…
- The Wide Moat Business Your Phone Can't Live Without
American Tower is presented as a wide-moat infrastructure business that owns nearly 150,000 tower sites and rents space to wireless carriers like AT&T, Verizon, and T-Mobile.
- Copa Holdings (CPA): Is Buffett right about Airline Stocks?
Airlines are usually a bad business because they combine fixed costs, weak pricing power, and highly perishable inventory, so the episode starts from Buffett’s long-running…
- Can One of the World's Best Consolidators Strike Lightning Again?
Brad Jacobs is presented as the central investment case for QXO: a serial consolidator who previously built huge public companies in waste management and logistics, and now is…
- How This Company Forced Uber to Surrender in Southeast Asia
Grab is presented as a Southeast Asian super app that turned a cash-burning ride-hailing startup into a more profitable platform spanning mobility, delivery, and financial…
- WIX Stock: The Most Asymmetric AI Bet?!
Wix is framed as a controversial value-and-AI setup rather than a clean quality compounder.
- The Serial Acquirer Building an Unstoppable Compounding Engine
Lifco is presented as a rare industrial serial acquirer that has completed more than 275 acquisitions, compounded earnings at about 14% annually since its 2014 IPO, and generated…
- A Masterclass on AI: How do LLMs Work and how does is Impact Investing?
Satish Terala walks through how modern AI evolved from classical machine learning to deep learning, transformers, reasoning models, and agents.
- What's Next for One of History's Greatest Compounders?
NVR has compounded shareholder wealth by combining a capital-light homebuilding model with relentless buybacks.
- Sea Limited (SE): Can Sea Limited 10x again?
Sea Limited is presented as a rare conglomerate built from three linked businesses: Garena gaming, Shopee e-commerce, and Monee fintech.
- TIVP71 YT
Formula 1 Group is presented as a rare sports asset that monetizes a global fan base of 800 million through only 24 live events a year, with free cash flow margins above 24% and…
- Microsoft (MSFT): Undervalued Software Giant?
Microsoft is presented as a high-quality business undergoing a rare valuation reset, with the stock down 35% in six months and trading around 20 times forward earnings after once…
- OTC Markets (OTCM): A Picks and Shovels Play in Modern Capital Markets
OTC Markets Group is a toll-collecting piece of market infrastructure that sits behind over-the-counter trading, corporate listings, and market data.
- Charlie Munger's Secret to Beating the Market w/ Ryan Sablan
Ryan Sablan argues that investing is a game of asymmetric bets, not a contest to be right most often.
- Why This Real Estate Data Empire is Making a $5 Billion Bet
CoStar Group is presented as a highly defensible commercial real estate data business with unusually deep proprietary coverage.
- Portfolio Review: Thoughts on Airbnb, Reddit, Adobe, and co.
The hosts review the Intrinsic Value portfolio and explain how they think about position sizing, conviction, and when a holding should be trimmed, upgraded, or sold.
- Valuing Constellation Software's Spinoffs: Finding the Next 10-Bagger
The discussion argues that Constellation Software’s biggest lesson may now be found in smaller businesses following the same vertical-market-software playbook, especially after…
- Can Spotify Become The Next Tech Titan?
Spotify is presented as a product people love but a business investors still debate because its core music-streaming economics are constrained by label royalties.
- Kelly Partners (KPG): The Constellation Software of Accounting?
Kelly Partners is presented as a young but fast-growing Australian accounting roll-up with a founder-led culture, a large M&A runway, and a stock that has fallen roughly 50% from…
- Drew Cohen on Adobe's AI Threat, Constellation Software, Copart's Moat and Shift4
Drew Cohen argued that Constellation Software’s AI risk is overstated because its vertical-market products are mission-critical, entrenched in customer workflows, and rarely…
- Can Figma Be a Multi-Bagger After Its 80% Decline?
Figma is presented as a fast-growing design software company whose stock has been punished after its IPO, even though the business has continued to expand and broaden its product…
- Duolingo (DUOL): Generational Opportunity or fad?
Duolingo is presented as a fast-growing consumer app trading at a much lower valuation than its recent history, with the hosts arguing that the market is trying to price in both…
- Lyft ($LYFT): Could Lyft be Worth 3x as Much to Amazon?
Lyft is presented less as a standalone winner than as a possible acquisition target for Amazon, Alphabet, Tesla, or another tech giant building autonomous ride-sharing.
- Valuing Constellation Software (CSU): 100-Bagger at Historic Drawdown
Constellation Software is framed as a historic compounder now in its steepest drawdown ever, with the hosts arguing that the market has overreacted to AI fears and to Mark…
- Netflix ($NTFLX): Did Netflix Finally Win The Streaming Wars?
Netflix is presented as a business that still looks structurally strong even after falling out of favor with markets.
- Netflix ($NTFLX): Did Netflix Finally Win The Streaming Wars?
Netflix is presented as a business the market has underestimated since its 2022 subscriber scare, even after the stock fell about 30% in six months and then rebounded more than…
- Outperform the Market paying a Luxury Premium?
Hermès is presented as the rare luxury business that has kept a true scarcity moat for generations, with the host arguing that its Birkin bags and broader brand power have…
- Can The LinkedIn For Doctors Be a 10-Bagger?
Doximity is presented as a niche healthcare platform that combines professional networking, workflow tools, and targeted advertising for physicians.
- Valuing Meta (META): Undervalued AI Bet?
Meta is framed as a cheap Magnificent 7 stock with a huge core business and a highly controversial set of optional bets.
- Churchill Downs Stock: Betting on the Kentucky Derby
Churchill Downs is presented as much more than a gambling company: the host and a guest argue that CHDN is a hybrid of horse racing, luxury hospitality, media, and regulated…
- Mercado Libre Stock Analysis: Undervalued or Overrated?
Mercado Libre is presented as one of the strongest businesses in public markets, with more than 30% year-over-year revenue growth for 27 consecutive quarters and roughly $25…
- Exor NV: A Way to Buy Ferrari at a 50% Discount?
The discussion argues that Exor NV offers a rare way to buy exposure to Ferrari and other quality assets at an unusually steep discount to net asset value.
The Intrinsic Value Podcast, its episodes and artwork belong to The Investor's Podcast Network. Octagon is not affiliated with the show; these pages are independent summaries.
