In this episode, Brett Schafer from Chit Chat Stocks joins Dave for an in-depth discussion on their favorite CEOs, emphasizing the importance of capital allocation and strategic business direction.

Dave and Brett highlight transformative leaders, as well as legends of capital allocation through stock purchases and M&A strategies. They also explore rising stars in innovative and technology-first industries like payments. The episode provides insights into how these CEOs have navigated challenges, evolved their business models, and consistently created value for shareholders through smart investment and operational strategies.

00:00 Introduction01:02 Discussing Favorite CEOs01:28 Brett's First Pick: Bom Suk Kim of Coupang06:52 Dave's First Pick: Warren Buffett12:44 Brett's Second Pick: Brian Chesky of Airbnb16:57 Dave's Second Pick: Mark Leonard of Constellation Software22:01 Brett's Third Pick: Stephen Squeri of American Express25:34 Dave's Third Pick: Pieter van der Does of Adyen26:38 The Unique Culture of Adyen27:02 Adyen's One-Platform Advantage28:04 Stock-Based Compensation and Pay Ratios28:53 Adyen's Market Position and Growth30:43 Sprouts Farmers Market Turnaround37:41 Nubank's Innovative Approach42:41 Nelnet: The Berkshire Heir47:51 Markel's Berkshire-Like Strategy51:03 Conclusion and Final ThoughtsTimestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:Go to SHOPIFY.COM/beginners to start selling with Shopify today.Go to shipsticks.com and use the code INVESTING for 20% off.Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.Use code [INVESTINGPOD] at the link below to get an exclusive 60% off an annual Incogni plan: https://incogni.com/investingpod

What do Dave and Andrew recommend?Check out Brett's podcast called Chit Chat Stocks, and the great work he does on their Substack.Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.Have questions? Send them to newsletter@einvestingforbeginners.com

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