Stock Club

This week, Mike sits down with Neeraj Khemlani and Matthew Ankrom, the minds behind The Coffee Can Investor, to discuss one of our favorite investing topics: finding and holding stocks capable of returning 100x.We open with Neeraj and Matthew walking us through the story behind the "coffee can" strategy. Inspired by an old investing experiment, Matt set out to build the ultimate long-term portfolio for his three daughters, a collection of businesses he hopes could one day be worth hundreds of millions of dollars. But what exactly makes a 100-bagger?Drawing on years of research, Matt explains the common traits shared by some of the greatest stock market winners of the last half-century. His research found that many were founder-led, generated recurring revenue, operated in seemingly boring industries, and consistently reinvested capital at high rates for decades.The vast majority weren't flashy consumer brands or cutting-edge tech companies. Instead, many were business-to-business operators providing mission-critical products and services, think nuts and bolts, seals and gaskets, and industrial supplies.Of course, finding a 100-bagger is only half the battle. Holding one is much harder.The average 100-bagger endured drawdowns of roughly 70% on its journey, giving retail investors an edge. Unlike professional fund managers, individual investors aren't forced to think in quarters or even years, they can think in decades.We also discuss the mathematics of compounding, why exponential growth is so difficult for humans to grasp, and how even Warren Buffett accumulated the vast majority of his wealth later in life.Finally, Matt shares one of his favorite potential future 100-baggers: TechnologyOne (ASX: TNE), an Australian software business quietly embedding itself into the daily operations of universities and local governments while investing heavily in AI-powered products.Psssst…. We don’t think you’ll want to miss this year’s Investicon. Grab your early bird tickets now: https://www.investicon.ie/Prophet, MyWallSt's latest investing service, is focused on delivering market-beating in less than 5 minutes a month.Click here to join now or email frank@mywallst.com for a deal.Become a successful investor by checking out all the content MyWallSt has to offer:📩 Email us: pod@mywallst.com📚 Learn the fundamentals of investing by downloading our free Learn app: https://bit.ly/3DXPOz7💻 Keep updated on stock market news by visiting our blog: https://mywallst.com/blog/🎧 Tune in to our podcast Stock Club to stay updated on weekly news: https://mywallst.com/stock-investment-podcast/🎉 Follow MyWallSt on social:❌ X: @MyWallStHQ💃 TikTok: @MyWallSt📸 Instagram: @MyWallSt🖥️ Facebook: @MyWallSt👔 LinkedIn: MyWallSt00:00 Intro 01:17 Coffee can origin story 05:28 Identifying hundred baggers 13:35 Holding through drawdowns 24:49 Retail investors hidden benefit 30:56 Investicon 33:07 Finding 100-baggers in the current market 35:50 Matt’s favorite 100-bagger 45:15 Why write The Coffee Can Investor 48:34 Building a financial legacy

Salesforce, Workday, HubSpot, Atlassian, ServiceNow, Adobe, and more are all down in the dumps.Is the age of B2B software supremacy at an end?Long favored for their revenue growth and strong margin profiles, many of these stocks have benefited from (and struggled with) lofty valuations. But AI—and the advent of “vibe coding”—is putting their moats under threat, so Mike and Emmet dig in to determine which software giants are oversold and which may be entering terminal decline.The one thing they agree on: being mission-critical makes all the difference.Software that provides systems of record, essential workflows, or cybersecurity is unlikely to be disrupted by internal tools built with Claude Code. As Emmet puts it, “outsiders are confusing creation with responsibility.” Most large organizations have complex, layered tech stacks that must be consistently maintained and cannot be readily replaced. It’s far more likely that existing providers will add AI capabilities. This argument has made CrowdStrike, Adobe, and Atlassian appealing to Emmet.Beyond this, Mike believes software specialists creating tools for tight verticals and peculiar niches are unlikely to be upended by AI newcomers, as their markets are too small to attract meaningful attention. This has kept Constellation Software on his watchlist.However, both agree that non-essential business software, like Notion or Typeform, could be on the chopping block.We wrap with an edition of Follow Prophet.Our Horizon portfolio is a boutique service led by our co-founder and lead investor, Emmet Savage. According to 100-bagger expert Chris Mayer, “no one owns more 100-baggers than Emmet”.For a limited time, 30 new subscribers to Horizon will get Nexus I, II, and III included for $1500.To claim your offer, email frank@mywallst.comProphet, MyWallSt's latest investing service, is focused on delivering market-beating in less than 5 minutes a month.Click here to join now or email frank@mywallst.com for a deal.Become a successful investor by checking out all the content MyWallSt has to offer:📩 Email us: pod@mywallst.com📚 Learn the fundamentals of investing by downloading our free Learn app: https://bit.ly/3DXPOz7💻 Keep updated on stock market news by visiting our blog: https://mywallst.com/blog/🎧 Tune in to our podcast Stock Club to stay updated on weekly news: https://mywallst.com/stock-investment-podcast/🎉 Follow MyWallSt on social:❌ X: @MyWallStHQ💃 TikTok: @MyWallSt📸 Instagram: @MyWallSt🖥️ Facebook: @MyWallSt👔 LinkedIn: MyWallSt00:00 Intro03:52 The SaaS Apocalypse09:37 Mission Critical Software: Winners and Losers25:33 Switching Costs: The Underappreciated Moat28:28 Vertical Software and Niche Markets35:12 Resilient Software Companies49:55 Follow Prophet

If you are one of the 800,000 people in Ireland who do not have a workplace pension, your paycheck may be a bit lighter this month. This week, Ireland’s Auto-Enrolment Pension Scheme (a.k.a. MyFutureFund) launched, aiming to address the shortcomings of the State Pension. If you are part of this cohort, 1.5% of your gross salary is now being directed into a retirement account.Luckily for Stock Club listeners, we’re joined by Ralph Benson from MoneyCube to walk you through all the details.With an ageing population and inflation on the rise, auto-enrolment is a key way Europeans can help ensure their comfort in retirement — but there’s a lot to unpack.One especially important point: if you’re in the highest tax bracket in Ireland, you may be leaving money on the table by relying solely on auto-enrolment. Additionally, fund selection is fairly limited, giving you little control over where your money is invested.Some questions we answer:What should I do if I’m an employer?Will I be enrolled if I’m self-employed?My employer hasn’t spoken to me about auto-enrolment or MyFutureFund — should I ask them about it?Should I start my own personal pension or stick with auto-enrolment?Can I have both a personal pension and auto-enrolment?Is auto-enrolment good for Ireland’s overall pension market?Will it have a positive knock-on effect on Ireland’s investing culture?If you find yourself in auto-enrolment, you won’t want to miss this episode.For more information head to: MyFutureFund.ieProphet, MyWallSt's latest investing service, is focused on delivering market-beating in less than 5 minutes a month.Click here to join now.Become a successful investor by checking out all the content MyWallSt has to offer:📩 Email us: pod@mywallst.com📚 Learn the fundamentals of investing by downloading our free Learn app: https://bit.ly/3DXPOz7💻 Keep updated on stock market news by visiting our blog: https://mywallst.com/blog/🎧 Tune in to our podcast Stock Club to stay updated on weekly news: https://mywallst.com/stock-investment-podcast/🎉 Follow MyWallSt on social:❌ X: @MyWallStHQ💃 TikTok: @MyWallSt📸 Instagram: @MyWallSt🖥️ Facebook: @MyWallSt👔 LinkedIn: MyWallSt00:00 Intro01:42 Details and Impact of Auto-enrolment06:39 Unknowns of the scheme, withdrawals and fees16:16 Auto-enrolment vs Private Pensions (Tax benefits)24:04 What should I do if I’m an employer?24:58 Will I be enrolled if I’m self-employed?25:36 My employer hasn’t spoken to me about auto-enrolment , should I ask them about it?27:12 Should I start my own personal pension or stick to auto-enrolment?29:00 Can I have both a personal pension and auto-enrolment?31:02 Is auto-enrolment good for Ireland’s overall pension market?32:32 Impact on the Irish investing landscape40:43 One thing every Irish investor should know

For investors looking to refresh their portfolios heading into the new year, we’ve got a list of stocks hot off the presses. Mike and Emmet unpack:A stock they love with a market cap under $1 billionA favorite European stockA stock down more than 30% from its all-time highsSmall Caps:Relais Group (HEL: RELAIS), a Finnish auto aftermarket specialist.Vertical Aerospace Ltd (NYSE: EVTL), a specialist in eVTOLs (electric vertical takeoff and landing aircraft).European Stocks:Camurus AB (STO: CAMX), a biotechnology company focused on improving treatments for opioid addiction.Vinci SA (EPA: DG), a French infrastructure giant that operates airports, toll roads, and construction companies worldwide. They also charge Mike tolls every month.A Fallen Warrior:Novo Nordisk (CPH: NOVO-B), the owner of Ozempic and Wegovy.Rivian (NASDAQ: RIVN), the 2021 EV darling that has yet to recapture the market’s love.Tune in to hear Mike and Emmet’s favorites—and which stocks they’d add to their personal portfolios.We wrap with a fresh edition of Follow Prophet.Prophet, MyWallSt's latest investing service, is focused on delivering market-beating in less than 5 minutes a month.Click here to join now.Become a successful investor by checking out all the content MyWallSt has to offer:📩 Email us: pod@mywallst.com📚 Learn the fundamentals of investing by downloading our free Learn app: https://bit.ly/3DXPOz7💻 Keep updated on stock market news by visiting our blog: https://mywallst.com/blog/🎧 Tune in to our podcast Stock Club to stay updated on weekly news: https://mywallst.com/stock-investment-podcast/🎉 Follow MyWallSt on social:❌ X: @MyWallStHQ💃 TikTok: @MyWallSt📸 Instagram: @MyWallSt🖥️ Facebook: @MyWallSt👔 LinkedIn: MyWallSt00:00 Intro01:40 Stock Picks: Under a Billion Market Cap02:54 Relay Group: European autoparts08:25 Vertical Aerospace: High Risk, High Reward20:00 Camurus AB, a biotech innovator24:50 Vinci SA: The King of French Infrastructure29:26 Stock Downturns and Opportunities30:45 Investment Case for Novo Nordisk35:13 Rivian: The EV Truck Contender44:42 Follow Prophet