Tony Coniaris's guest appearances

Tony Coniaris

Millennial Investing - The Investor’s Podcast Network

OwlTail

Clay Finck chats with Tony Coniaris about the investment process and philosophies at Oakmark, Netflix as a value investment, Netflix stock valuation, and much more!  IN THIS EPISODE, YOU’LL LEARN:  00:00 - Intro 01:50 - Oakmark’s criteria for a quality value investment. 07:44 - What it means to have a bottoms up investment approach rather than a top down approach. 11:39 - Why Netflix qualifies as a value investment for Oakmark. 15:30 - Tony’s thoughts on the volatility of the stock’s price action. 18:13 - How Tony thinks about valuing Netflix. 30:20 - Tony’s thoughts on a recent addition to Oakmark’s holdings - Willis Towers Watson. And much, much more!  *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.  BOOKS AND RESOURCES Check out the Oakmark Funds.See Oakmark’s Commentary.Related episode: Listen to MI138: Fiserv Deep Dive w/ Bill Nygren &amp; Mike Nicolas, or watch the video.Related episode: Listen to TIP430: From Facebook to Meta and Beyond w/ Bill Nygren, or watch the video.Get a FREE audiobook from Audible.  NEW TO THE SHOW? Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.  P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!  SPONSORS Get a FREE audiobook from Audible.RentSavvy is the first and only nationwide service for filling your rental property with a quality tenant for one flat fee. Register your rental property for free at RentSavvy.co now, to take advantage of this tenant placement service for your next vacancy.Learn from the world’s best minds - anytime, anywhere, and at your own pace with Masterclass. Get 15% off an annual membership today.Your home might be worth more than you think. Earn extra money today with Airbnb.Make investing in Short Term Rentals aka Air-BNBs simple, passive, and profitable with Techvestor. Listeners of Millennial Investing get better terms by just mentioning "Millennial Investing!" Sign up and book your call with their Investor Relations Team to get started today.Have the visibility and control you need to make better decisions faster with NetSuite’s cloud financial system. Plus, take advantage of their unprecedented financing offer today - defer payments of a full NetSuite implementation. That’s no payment and no interest for six months!Support our free podcast by supporting our sponsors.  Connect with Oakmark: Website | Twitter Connect with Clay: Twitter  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Clay Finck chats with Tony Coniaris about the investment process and philosophies at Oakmark, Netflix as a value investment, Netflix stock valuation, and much more! IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 01:50 - Oakmark’s criteria for a quality value investment. 07:44 - What it means to have a bottoms up investment approach rather than a top down approach. 11:39 - Why Netflix qualifies as a value investment for Oakmark. 15:30 - Tony’s thoughts on the volatility of the stock’s price action. 18:13 - How Tony thinks about valuing Netflix. 30:20 - Tony’s thoughts on a recent addition to Oakmark’s holdings - Willis Towers Watson. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES <ul><li>Check out the <a href="https://oakmark.com/" rel="noopener noreferrer nofollow" target="_blank">Oakmark Funds</a>.</li><li>See Oakmark’s <a href="https://oakmark.com/news-insights/commentary/" rel="noopener noreferrer nofollow" target="_blank">Commentary</a>.</li><li>Related episode: Listen to <a href="https://link.chtbl.com/MI138" rel="noopener noreferrer nofollow" target="_blank">MI138: Fiserv Deep Dive w/ Bill Nygren &amp; Mike Nicolas</a>, or watch the <a href="https://www.theinvestorspodcast.com/millennial-investing/fiserv-deep-dive/" rel="noopener noreferrer nofollow" target="_blank">video</a>.</li><li>Related episode: Listen to <a href="https://link.chtbl.com/WSB430" rel="noopener noreferrer nofollow" target="_blank">TIP430: From Facebook to Meta and Beyond w/ Bill Nygren</a>, or watch the <a href="https://www.theinvestorspodcast.com/episodes/from-facebook-to-meta-and-beyond-w-bill-nygren/" rel="noopener noreferrer nofollow" target="_blank">video</a>.</li><li>Get a <a href="https://www.amazon.com/Audible-Free-Trial-Digital-Membership/dp/B00NB86OYE/?&amp;_encoding=UTF8&amp;tag=millenniali0e-20&amp;linkCode=ur2&amp;linkId=1c34937c3747cd4044bdc87a7823c82f&amp;camp=1789&amp;creative=9325" rel="noopener noreferrer nofollow" target="_blank">FREE audiobook from Audible</a>.</li></ul> NEW TO THE SHOW? <ul><li>Check out our <a href="https://www.theinvestorspodcast.com/mi-starter-packs/" rel="noopener noreferrer nofollow" target="_blank">Millennial Investing Starter Packs</a>.</li><li>Browse through all our episodes (complete with transcripts) <a href="https://www.theinvestorspodcast.com/millennial-investing/" rel="noopener noreferrer nofollow" target="_blank">here</a>.</li><li>Try Robert's favorite tool for picking stock winners and managing our portfolios: <a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer nofollow" target="_blank">TIP Finance</a>.</li><li>Enjoy exclusive perks from our <a href="https://www.theinvestorspodcast.com/affiliates/" rel="noopener noreferrer nofollow" target="_blank">favorite Apps and Services</a>.</li><li>Stay up-to-date on financial markets and investing strategies through our daily newsletter, <a href="https://www.theinvestorspodcast.com/newsletters/" rel="noopener noreferrer nofollow" target="_blank">We Study Markets</a>.</li><li>Learn how to better start, manage, and grow your business with the <a href="https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/" rel="noopener noreferrer nofollow" target="_blank">best business podcasts</a>.</li></ul> P.S The Investor’s Podcast Network is excited to launch a <a href="https://clicks.aweber.com/y/ct/?l=7HQTa&amp;m=3hIUiG6T8vBkNOB&amp;b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer nofollow" target="_blank">subreddit</a> devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit <a href="https://clicks.aweber.com/y/ct/?l=7HQTa&amp;m=3hIUiG6T8vBkNOB&amp;b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer nofollow" target="_blank">r/TheInvestorsPodcast</a> today! SPONSORS <ul><li>Get a <a href="https://www.amazon.com/Audible-Free-Trial-Digital-Membership/dp/B00NB86OYE/?&amp;_encoding=UTF8&amp;tag=millenniali0e-20&amp;linkCode=ur2&amp;linkId=1c34937c3747cd4044bdc87a7823c82f&amp;camp=1789&amp;creative=9325" rel="noopener noreferrer nofollow" target="_blank">FREE audiobook from Audible</a>.</li><li><a href="https://rentsavvy.co/" rel="noopener noreferrer nofollow" target="_blank">RentSavvy</a> is the first and only nationwide service for filling your rental property with a quality tenant for one flat fee. Register your rental property for free at <a href="http://RentSavvy.co" rel="nofollow" target="_blank">RentSavvy.co</a> now, to take advantage of this tenant placement service for your next vacancy.</li><li>Learn from the world’s best minds - anytime, anywhere, and at your own pace with <a href="https://masterclass.com/millennial" rel="noopener noreferrer nofollow" target="_blank">Masterclass</a>. Get 15% off an annual membership today.</li><li>Your home might be worth more than you think. Earn extra money today with <a href="https://airbnb.com/host" rel="noopener noreferrer nofollow" target="_blank">Airbnb</a>.</li><li>Make investing in Short Term Rentals aka Air-BNBs simple, passive, and profitable with <a href="https://techvestor.com/" rel="noopener noreferrer nofollow" target="_blank">Techvestor</a>. Listeners of Millennial Investing get better terms by just mentioning "Millennial Investing!" Sign up and book your call with their Investor Relations Team to get started today.</li><li>Have the visibility and control you need to make better decisions faster with <a href="https://netsuite.com/mi" rel="noopener noreferrer nofollow" target="_blank">NetSuite</a>’s cloud financial system. Plus, take advantage of their unprecedented financing offer today - defer payments of a full NetSuite implementation. That’s no payment and no interest for six months!</li><li>Support our free podcast by supporting our <a href="https://www.theinvestorspodcast.com/sponsors/" rel="noopener noreferrer nofollow" target="_blank">sponsors</a>.</li></ul> Connect with Oakmark: <a href="https://oakmark.com/" rel="noopener noreferrer nofollow" target="_blank">Website</a> | <a href="https://twitter.com/HarrisOakmark" rel="noopener noreferrer nofollow" target="_blank">Twitter</a> Connect with Clay: <a href="https://twitter.com/Clay_Finck" rel="noopener noreferrer nofollow" target="_blank">Twitter </a> See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

MI Rewind: Valuing Netflix Stock w/ Tony Coniaris

IN THIS EPISODE, YOU’LL LEARN:  01:50 - Oakmark’s criteria for a quality value investment.07:44 - What it means to have a bottoms up investment approach rather than a top down approach.15:39 - Why Netflix qualifies as a value investment for Oakmark.19:30 - Tony’s thoughts on the volatility of the stock’s price action.32:49 - How Tony thinks about valuing Netflix.38:20 - Tony’s thoughts on a recent addition to Oakmark’s holdings - Willis Towers Watson.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESRobert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance.Check out the Oakmark Funds.See Oakmark’s Commentary.Related episode: MI138: Fiserv Deep Dive w/ Bill Nygren &amp; Mike Nicolas.Related episode: TIP430: From Facebook to Meta and Beyond w/ Bill Nygren.Get a FREE audiobook from Audible.Are you a looking to start investing? Check out our article on How to Invest in Stocks: The Ultimate Guide for Beginners.Check out our Investing Starter Packs about business and finance.Support our free podcast by supporting our sponsors. Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples!Eat clean 24/7, with fresh—never frozen—prepared meals that are so delicious with Factor. Use code wsb120 to get $120 off over your first 5 weeks of meals.Join Commonstock’s community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform.Loansteady is here to find a mortgage that works for you, not the other way around. They are waiving all lender fees for listeners of Millennial Investing. Important terms and conditions apply. Loansteady LLC, All rights reserved, NMLS# 1701910, Equal Housing Lender. For more licensing information, please visit https://www.loansteady.com/licenses-and-legalShake up your protein Ritual and get 10% off during your first 3 months today!Make documents, ask a lawyer your legal questions, and sign contracts on the go with Rocket Lawyer.Have a business checking that’s built for you, will go the distance with you, and admires your brave - Novo. The Investor’s Podcast Network listeners get access to over $5,000 in perks and discountsCanada’s #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Find Pros &amp; Fair Pricing for Any Home Project for Free with Angi.The interval fund, a breakthrough innovation. Only at Mackenzie.Get insights on how to plan for your financial goals with The Globe and Mail. Listeners get a special digital subscription rate for unrestricted access to everything.Read this episode’s transcript and full show notes on our website.Connect with Oakmark: Website | TwitterConnect with Clay: Twitter ﻿HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU’LL LEARN: <ul><li>01:50 - Oakmark’s criteria for a quality value investment.</li><li>07:44 - What it means to have a bottoms up investment approach rather than a top down approach.</li><li>15:39 - Why Netflix qualifies as a value investment for Oakmark.</li><li>19:30 - Tony’s thoughts on the volatility of the stock’s price action.</li><li>32:49 - How Tony thinks about valuing Netflix.</li><li>38:20 - Tony’s thoughts on a recent addition to Oakmark’s holdings - Willis Towers Watson.</li><li>And much, much more!</li></ul> *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. EPISODE RESOURCES<ul><li>Robert and Clay’s tool for picking stock winners and managing our portfolios: <a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer nofollow" target="_blank">TIP Finance</a>.</li><li>Check out the <a href="https://oakmark.com/" rel="noopener noreferrer nofollow" target="_blank">Oakmark Funds</a>.</li><li>See Oakmark’s <a href="https://oakmark.com/news-insights/commentary/" rel="noopener noreferrer nofollow" target="_blank">Commentary</a>.</li><li>Related episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/fiserv-deep-dive/" rel="noopener noreferrer nofollow" target="_blank">MI138: Fiserv Deep Dive w/ Bill Nygren &amp; Mike Nicolas</a>.</li><li>Related episode: <a href="https://www.theinvestorspodcast.com/episodes/from-facebook-to-meta-and-beyond-w-bill-nygren/" rel="noopener noreferrer nofollow" target="_blank">TIP430: From Facebook to Meta and Beyond w/ Bill Nygren</a>.</li><li>Get a <a href="https://www.amazon.com/Audible-Free-Trial-Digital-Membership/dp/B00NB86OYE/?&amp;_encoding=UTF8&amp;tag=millenniali0e-20&amp;linkCode=ur2&amp;linkId=1c34937c3747cd4044bdc87a7823c82f&amp;camp=1789&amp;creative=9325" rel="noopener noreferrer nofollow" target="_blank">FREE audiobook from Audible</a>.</li><li>Are you a looking to start investing? Check out our article on <a href="https://www.theinvestorspodcast.com/business/how-to-invest-in-stocks-the-ultimate-guide-for-beginners/" rel="noopener noreferrer nofollow" target="_blank">How to Invest in Stocks: The Ultimate Guide for Beginners</a>.</li><li>Check out our <a href="https://www.theinvestorspodcast.com/mi-starter-packs/" rel="noopener noreferrer nofollow" target="_blank">Investing Starter Packs</a> about business and finance.</li><li>Support our free podcast by supporting our <a href="https://theinvestorspodcast.com/sponsors" rel="noopener noreferrer nofollow" target="_blank">sponsors</a>. </li><li>Find joy in comfort with <a href="https://fahertybrand.com/" rel="noopener noreferrer nofollow" target="_blank">Faherty</a>. Use promo code WSB to snag 20% off all your new spring staples!</li><li>Eat clean 24/7, with fresh—never frozen—prepared meals that are so delicious with <a href="http://go.factor75.com/plans" rel="noopener noreferrer nofollow" target="_blank">Factor</a>. Use code wsb120 to get $120 off over your first 5 weeks of meals.</li><li>Join <a href="http://commonstock.com/" rel="noopener noreferrer nofollow" target="_blank">Commonstock</a>’s community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform.</li><li><a href="https://www.loansteady.com/mi" rel="noopener noreferrer nofollow" target="_blank">Loansteady</a> is here to find a mortgage that works for you, not the other way around. They are waiving all lender fees for listeners of Millennial Investing. Important terms and conditions apply. Loansteady LLC, All rights reserved, NMLS# 1701910, Equal Housing Lender. For more licensing information, please visit <a href="https://www.loansteady.com/licenses-and-legal" rel="noopener noreferrer nofollow" target="_blank">https://www.loansteady.com/licenses-and-legal</a></li><li>Shake up your protein <a href="http://ritual.com/MI" rel="noopener noreferrer nofollow" target="_blank">Ritual</a> and get 10% off during your first 3 months today!</li><li>Make documents, ask a lawyer your legal questions, and sign contracts on the go with <a href="https://rocketlawyer.com/workconfidently" rel="noopener noreferrer nofollow" target="_blank">Rocket Lawyer</a>.</li><li>Have a business checking that’s built for you, will go the distance with you, and admires your brave - <a href="https://novo.co/mi" rel="noopener noreferrer nofollow" target="_blank">Novo</a>. The Investor’s Podcast Network listeners get access to over $5,000 in perks and discounts</li><li>Canada’s #1 employee benefits plan for small businesses! <a href="http://buychambers.ca/" rel="noopener noreferrer nofollow" target="_blank">The Chambers Plan</a> evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.</li><li>Find Pros &amp; Fair Pricing for Any Home Project for Free with <a href="http://angi.com/" rel="noopener noreferrer nofollow" target="_blank">Angi</a>.</li><li>The interval fund, a breakthrough innovation. Only at <a href="https://mackenzieinvestments.com/innovation" rel="noopener noreferrer nofollow" target="_blank">Mackenzie</a>.</li><li>Get insights on how to plan for your financial goals with <a href="https://tgam.ca/Robert" rel="noopener noreferrer nofollow" target="_blank">The Globe and Mail</a>. Listeners get a special digital subscription rate for unrestricted access to everything.</li></ul> Read this episode’s transcript and full show notes <a href="https://www.theinvestorspodcast.com/millennial-investing" rel="noopener noreferrer nofollow" target="_blank">on our website.</a>Connect with Oakmark: <a href="https://oakmark.com/" rel="noopener noreferrer nofollow" target="_blank">Website</a> | <a href="https://twitter.com/HarrisOakmark" rel="noopener noreferrer nofollow" target="_blank">Twitter</a>Connect with Clay: <a href="https://twitter.com/Clay_Finck" rel="noopener noreferrer nofollow" target="_blank">Twitter </a> ﻿HELP US OUT!Help us reach new listeners by leaving us a <a href="https://docs.google.com/presentation/d/1yJtgkwxTcMYZsdcbpjDYsnWh9tEGJWN-o_zEXbIbfKI/edit#slide=id.p" rel="noopener noreferrer nofollow" target="_blank">rating and review</a> on <a href="https://podcasts.apple.com/us/podcast/millennial-investing-the-investors-podcast-network/id1477323816" rel="noopener noreferrer nofollow" target="_blank">Apple Podcasts</a>! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.