2025-02-14
1 小时 12 分钟You're listening to tip.
On today's episode, my co host Kyle Grieve and I give an overview of our best quality stock idea for Q1 2025 this quarter.
We're discussing Appfolio.
Appfolio is a high growth software company revolutionizing property management.
Since its IPO in 2015, the stock has compounded at around 35% per year.
As you'll hear during this episode, the more Kyle and I dug into this business and the more we came to like it.
During this conversation we discuss AppFolio's business model, the five parties that AppFolio supports with their software services, how they're utilizing AI to create a moat around their business, why they just might be a payments business Disguised as a SaaS business, an overview of the competitive environment and why we would consider adding back R and D expenses to determine a proper valuation for the stock.
At the end of the episode, we also touch on the events we're hosting for our Tip Mastermind community in Omaha during the Berkshire weekend in May 2025.
We'll be temporarily closing the community to new members at the end of March, so be sure to stick around until the end of the episode to learn more.
We're also hosting a couple of free events in Omaha which will be organized by my colleague Sean O'Malley.
You can find more information on those events in the show Notes.
With that, I bring you Today's episode on AppFolio.
Since 2014 and through more than 180 million downloads, we've studied financial markets and read the books that influence self made billionaires the most.
We keep you informed and prepared for the unexpected.
Now for your hosts Clay Fink and Kyle Grieve.
Welcome to the Investors Podcast.
I'm your host Clay Fink and today Kyle and I present our Best Quality Idea series where each quarter we dive into a quality stock to share more about the business, its competitive advantages, potential risks and what we think of the valuation.
So Kyle, after speaking with Adam Ziesel here on the podcast, he's the author of where the Money Is.
I've really wanted to cover a tech business here in our series because tech is just a trend that has brought some of the best and most profitable businesses the world has ever seen.
Everyone's familiar with the Magnificent Seven, but I really didn't want to cover a $2 or $3 trillion company here on the show that everyone already knows about.