TIVP047: Booking Holdings (BKNG): Does Booking.yeah = Value.yeah? w/ Shawn O’Malley & Daniel Mahncke
Streams straight from the publisher. podnod never proxies or re-hosts episode audio.
Shawn O’Malley and Daniel Mahncke break down Booking Holdings (ticker: BKNG), the world’s largest travel company.
IN THIS EPISODE, YOU’LL LEARN: 00:00:00 - Intro 00:24:07 - What are the subtle differences between Expedia, Booking, and Airbnb 00:26:18 - How Booking.com established a foothold in Europe despite Expedia’s dominance in North America 00:55:59 - What Alphabet could do to seriously disrupt Booking 01:01:14 - How Booking uses price parity to protect its value-add to customers 01:03:56 - Whether Booking can be disrupted by AI 01:09:50 - About the flawed approach the company has taken with its management comp 01:19:04 - Why the global travel industry should continue to outpace GDP growth 01:22:09 - How to think about modeling BKNG’s intrinsic value 01:23:53 - Whether Shawn and Daniel add BKNG to their Intrinsic Value Portfolio
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- The Investors Podcast Network is excited to debut a new community known as The Intrinsic Value Community for investors to learn, share ideas, network, and join calls with experts: Sign up for the waitlist(!)
- Sign up for The Intrinsic Value Newsletter to track our Portfolio.
- Shawn & Daniel use Fiscal.ai for every company they research — use their referral link to get started with a 15% discount!
- Our colleagues Clay Finck and Kyle Grieve’s discussion of BKNG on We Study Billionaires.
- How Booking’s management thinks about stock-based comp.
- Interview with Booking's CEO on the promise of AI in travel.
- Booking’s CEO interview with Time Magazine.
- Explore our previous Intrinsic Value breakdowns: Paypal, Uber, Nike, Reddit, Amazon, Airbnb, TSMC, Alphabet, Ulta, LVMH, and Madison Square Garden Sports.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
- Browse through all our episodes (complete with transcripts) here.
- Try Shawn's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Sign up for the waitlist(!)
theinvestorspodcast.comThe Intrinsic Value Newsletter
intrinsicvalue.beehiiv.comFiscal.ai
fiscal.aiWe Study Billionaires
open.spotify.compromise of AI in travel
youtube.comTime Magazine
time.com
intrinsicvalue.beehiiv.com
theinvestorspodcast.com
theinvestorspodcast.comPaypal
theinvestorspodcast.com Nike,
theinvestorspodcast.comReddit,
theinvestorspodcast.comAmazon
theinvestorspodcast.comAirbnb
intrinsicvalue.beehiiv.comTSMC
theinvestorspodcast.comAlphabet
theinvestorspodcast.comUlta
theinvestorspodcast.comLVMH
theinvestorspodcast.comMadison Square Garden Sports
theinvestorspodcast.combooks
prodcast.io
premium.theinvestorspodcast.comhere
theinvestorspodcast.comTIP Finance
theinvestorspodcast.comfavorite Apps and Services
theinvestorspodcast.combest business podcasts
theinvestorspodcast.com
harvestright.comsponsors
theinvestorspodcast.comPublic.com
public.commegaphone.fm/adchoices
megaphone.fmhttps://theinvestorspodcastnetwork.supportingcast.fm
theinvestorspodcastnetwork.supportingcast.fm
