On today’s episode, Clay is joined by Cristiano Souza to discuss his three primary criteria in identifying an excellent business.

Cristiano Souza is the founder of Zeno Equity Partners, a firm he started in 2022 after spending 28 years at Dynamo. From 1994 through 2015, he was on the team that managed the Dynamo Cougar fund, which invested in high-quality equities in Brazil. During that time, the fund compounded at 24% per year in US dollar terms.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

03:33 - The three things that Cristiano looks for in a business.

13:43 - What the Founder’s Mindset is, and why it is so difficult to find.

18:53 - Why Cristiano believes that LVMH has a significant opportunity to continue to grow.

33:53 - The mistakes Cristiano has made in assessing management teams.

39:57 - Why Linde PLC is a core position in Christiano’s portfolio.

51:17 - Why AppFolio is well-positioned to continue growing in the property management space.

And so much more!

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.


• Cristiano’s firm: Zeno Equity Partners.


• Book mentioned: Mastery by Robert Greene, The Nvidia Way by Tae Kim.


• Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.


• Follow Cristiano on LinkedIn.


• Follow Clay on X.


• Check out all the books mentioned and discussed in our podcast episodes here.


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• Browse through all our episodes (complete with transcripts) here.


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• Learn how to better start, manage, and grow your business with the best business podcasts.

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