Alan: What is Chit Chat Money and how did you guys get started on this journey?
Brett: We started Chit Chat Money in college in 2018 after thinking there weren’t enough investing podcasts out there. Clearly, that has changed since then, but we are still cranking out episodes and trying to improve the show week by week for listeners. Chit Chat Money’s goal is to bring fundamental stock analysis to people around the world in an audio format. We do this through our Not So Deep Dive stock analysis episodes, our interviews with guests covering a specific stock, and our Investing Power Hours where we talk more casually about investing.
Alan: How are you guys able to crank out deep analysis on so many companies consistently?
Brett: We are able to do so much analysis for a few reasons. First, we enjoy analyzing stocks so it would be something we would do if there wasn’t a show. Second, we split up the research duties so half of the show is covered by one person, and half is covered by another. Third, we set-up our stock analysis shows into a strict format so we get in a consistent rhythm when looking at a company. As you build up the stock research muscle week after week, you start to get more efficient at analyzing a business as well.
Alan: Where can people find your content? What are a couple of your favorite pods for people that want to give you guys a listen?
Ryan: Anyone can listen to our shows through their streaming app of choice (Apple Podcasts, Spotify, Stitcher, YouTube, etc.) by simply searching “Chit Chat Money”. Our website has all the links to make it easier too.
People can also read our free newsletter to get up to speed on each company we cover. Each writeup contains some additional charts and financials so it can be a nice supplement for our listeners: https://chitchatmoney.substack.com/
Here are some of our favorite recent episodes:
Alan: What are some of your favorite investment resources?
Ryan: There are obviously tons of great investment resources out there so it’s difficult to list all the ones we use, but here are three we find valuable:
Alex is a friend of ours and he’s really one of the investors we try to emulate most. His coverage is always thorough and he has a knack for finding the most important drivers of a potential investment.
Ever since VIC was started by Joel Greenblat in 1999, it has served as one of – if not the – best places on the internet for sharing and discovering potential new investments. It’s chock-full of incredible write-ups from some of the world’s best investors and there’s new coverage coming out every day.
I know this probably seems self-serving, but our Deep Dive interviews with other analysts have led to some of our best-ever investments. The show enables us to hear pitches from investors we respect while being able to ask questions in real-time. We hope it serves as a similar resource for our listeners.
Alan: What is your favorite stock currently?
Brett: I would never describe any stock I own as a “favorite” (I think it is dangerous to use words that might trigger an emotional attachment to a company), but I am very bullish on Electronic Arts over the next five years and think it is a misunderstood business.
Ryan: Similar to Brett, I’m reticent to label any investment as “my favorite”, but I think the current market is offering some great opportunities for investors that are willing to wait. And for me, one of those is Google. I know it’s boring, but I think Google possesses one of the widest economic moats of any business in the world and people can own it today for 18 times trailing earnings. That strikes as an attractive price to pay.