TIP768: Best Quality Stock Idea Q4 2025 w/ Clay Finck
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You're listening to TIP. Each quarter in our Best Quality Idea series, we break down a quality stock, its business model, competitive advantages, valuation, and more. For this quarter, we'll be breaking down interactive brokers. Interactive brokers, or IBKR for short, is a global online brokerage that gives investors access to markets around the world with industry low costs and trading stocks, options, futures, currencies, and more.
With over 4 million accounts across more than 200 countries and territories, it's the go to choice for professional traders, hedge funds, and sophisticated investors seeking global market access. Over the past decade, shares of IBKR have compounded at 21% per year relative to the S<unk>P 500's return of 14.9% over that same time period. In this episode, I'll share why I believe they have a clear path to growing their number of accounts from 4 million to over 20 million, how IBKR's founder, Thomas Petterfee, came to America with nothing and built an $80 billion personal fortune, how IBKR is able to manage being a low cost provider while simultaneously having better margin profiles than companies like Visa and Meta, how its focus on automation and technology has created a durable moat that competitors struggle to rival,
The company's current valuation and risks and why I decided to add shares to my own portfolio. Interactive Brokers has a very fascinating founding story, and I thoroughly enjoyed putting this episode together for you here today. So with that, let's dive right into today's episode on Interactive Brokers. Since 2014 and through more than 180 million downloads, we've studied the financial markets and read the books that influenced self-made billionaires the most.
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