MicroStrategy has become the world’s largest Bitcoin treasury company — raising billions, buying Bitcoin, and transforming from a software business into a crypto giant.

But is this strategy brilliant financial innovation… or a high-risk bubble waiting to burst?

In this episode of the Intelligent Wealth Podcast, Tony, Carl, and Awet debate:
1. MicroStrategy’s 2,400% share price rise in 5 years vs. Bitcoin’s 888%
2. How they raise funds through bonds & equity to keep buying BTC
3. Risks of extreme debt, volatility & exogenous shocks
4. Michael Saylor’s vision, innovation, and cult-like following
5. Is it smarter to own MicroStrategy stock… or just Bitcoin itself?

📌 Links & Mentions:
🧾 Download the Company Snapshot: https://mailchi.mp/minervamoneymanagement/how-to-get-top-10-company-snapshots

🌐 Minerva Money Management – https://minervamoneymanagement.co.uk
🌐 Strategy: https://www.strategy.com/

Next Episode Preview: Wise — a British financial technology company focused on global money transfers

Thank you all for listening!

Disclaimer:
The value of investments can rise as well as fall. You may not get back the full amount you invested. The views stated in this podcast are purely personal opinions, not advice. You should always consult a professional for investment advice.
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🚨 Novo Nordisk Stock Down 66% - Is This a Golden Buying Opportunity or a Red Flag?

In this episode of the Intelligent Wealth Podcast, our expert panel dives deep into the recent plunge in Novo Nordisk’s stock price - one of the most dominant pharmaceutical companies globally in the obesity and diabetes drug market.

With insights from Awet, Head of Research, directors Carl Roberts and Tony Byrne at Minerva Money Management, we unpack:

* Why Novo Nordisk's share price crashed
* How competition from Eli Lilly is reshaping the market
* Whether Trump-era drug pricing pressure is here to stay
* The massive $10B investment in US manufacturing
* Forward PE vs. industry average — is Novo now undervalued?
* Why diabetes and obesity drugs are only going to grow in demand
* Is this stock mispriced right now?

With 63% market share in diabetes drugs and strong recurring revenue, can Novo Nordisk weather the storm and come out stronger? Or is the market pricing in long-term trouble?

Timestamps:
0:00 - Introduction
1:30 - Novo Nordisk: Company Background
6:30 - Stock Price Crash Explained
10:00 - Financials & Valuation Metrics
14:00 - Global Diabetes & Obesity Trends
20:00 - Trump, Tariffs & Drug Price Pressure
24:00 - Competitive Moats & R&D Edge
27:00 - Final Verdict: Buy, Hold, or Avoid?

🎧 Listen on Apple: https://podcasts.apple.com/ch/podcast/intelligent-wealth-podcast/id1750755768?l=it

📌 Links & Mentions:
🧾 Download the 1-page Novo Nordisk Company Snapshot: https://mailchi.mp/minervamoneymanagement/how-to-get-top-10-company-snapshots

🌐 Minerva Money Management – https://minervamoneymanagement.co.uk
🌐 Novo Nordisk – https://www.novonordisk.com/

Next Episode Preview: MicroStrategy — Bitcoin treasury play or dangerous bet?

Thank you all for listening!

Disclaimer:
The value of investments can rise as well as fall. You may not get back the full amount you invested. The views stated in this podcast are purely personal opinions, not advice. You should always consult a professional for investment advice.
--------------------

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Welcome back to the Intelligent Wealth Podcast! In this episode, our expert dives deep into IBM – the 113-year-old tech giant that's quietly reinventing itself in AI, hybrid cloud, and quantum computing.

Despite being overlooked for years, IBM is making bold moves with massive investments in next-gen tech. Its quantum computing fleet, growing AI consulting revenue, and focus on enterprise solutions raise an important question: Is IBM the most underrated tech stock in 2025?

**We cover**
00:00 Introduction to Intelligent Wealth Podcast
01:09 Quality Investing and IBM's Historical Context
02:47 IBM's Evolution and Current Business Model
05:09 IBM's Recent Performance and Market Positioning
05:13 IBM at a Crossroads
10:39 The Quantum Computing Landscape
15:55 AI: The Business Focus
21:29 Competitive Landscape and Future Outlook

**Key Takeaways**
1. IBM has a long history of dividend increases, making it attractive to investors.
2. The company is currently focusing on AI and quantum computing as key growth areas.
3. BM's market cap is relatively low compared to other tech giants, presenting a potential opportunity.
4. The potential for quantum computing is significant, but practical applications are still years away.
5. AI consulting is a growing market, and IBM is well-positioned to benefit from it.
6. IBM's financial metrics show healthy margins, but growth has been inconsistent.
7. The competitive landscape for quantum computing is fierce, with major players like Google and Microsoft.
8. Investors should consider the risks associated with IBM's long-term growth potential.
9. IBM's recurring revenue model in AI consulting provides stability.
10. The migration to cloud services is still in its early stages, offering future growth opportunities.

📘 Get our FREE 1-page Company Snapshot on IBM: https://mailchi.mp/minervamoneymanagement/how-to-get-top-10-company-snapshots

📌 Links & Mentions:
🌐 Minerva Money Management – https://minervamoneymanagement.co.uk
🌐 IBM– https://www.ibm.com/uk-en

Disclaimer:
The value of investments can rise as well as fall. You may not get back the full amount you invested. The views stated in this podcast are purely personal opinions, not advice. You should always consult a professional for investment advice.
--------------------

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Welcome back to the Intelligent Wealth Podcast, where we deep-dive into high-quality investment opportunities. In this episode, we analyse Ashtead Technology, a little-known UK-listed company that's quietly dominating the subsea equipment rental market.

Ashtead Technology provides specialised equipment and services for offshore energy projects – from oil and gas to renewables. With over 30,000 rental assets, a 50% market share in the survey and robotics and operations in 80+ countries, the company offers a compelling blend of moat, scale and global reach.

Despite a 45% fall in its share price, the stock has delivered 175% total return over 5 years and boasts 75%+ gross margins, 26% operating margin and a strong capital return model. We think it may be one of the **most underrated quality stocks** in the UK market today.

**Topics We Cover**
- Why Ashtead has a durable competitive advantage
- The company's hybrid exposure to oil & renewables
- Risk factors including goodwill and cyclicality
- Whether the recent share price drop is a buying opportunity
- Management incentives, insider ownership & capital allocation
- Long-term potential as the company moves from AIM to main market

📄 Want our 1-page company snapshot on Ashtead Technology? Grab it here: https://mailchi.mp/minervamoneymanagement/how-to-get-top-10-company-snapshots

📌 Links & Mentions:
🌐 Minerva Money Management – https://minervamoneymanagement.co.uk
🌐 Ashtead Technology– https://www.ashtead-technology.com/who-we-are/leadership-team/

Disclaimer:
The value of investments can rise as well as fall. You may not get back the full amount you invested. The views stated in this podcast are purely personal opinions, not advice. You should always consult a professional for investment advice.
--------------------

Music from #Uppbeat (free for Creators!):
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License code: C4BIIEC6POGUQVDJ

Is Fortinet the future of cybersecurity investing? In this episode of the Intelligent Wealth Podcast, we deep dive into Fortinet (NASDAQ: FTNT) — one of the world’s fastest-growing cybersecurity companies with 31% annual returns since IPO!

**Takeaways**
1. Why Fortinet ticks all the boxes for quality investing
2. The massive $14 trillion cybersecurity opportunity
3. Key differences between Fortinet and CrowdStrike
4. Risks and red flags: Can Fortinet keep its moat?
5. The growing impact of AI and quantum computing on digital security

**Chapters**
00:00 Introduction to Cybersecurity and Fortinet
02:30 Fortinet's Growth and Market Potential
06:04 The Importance of Cybersecurity in a Digital World
09:28 Challenges and Risks in Cybersecurity
16:38 Fortinet's Competitive Landscape and Future Outlook
21:46 Final Thoughts on Fortinet and Cybersecurity Investment

📌 Links & Mentions:
🌐 Minerva Money Management – https://minervamoneymanagement.co.uk
🌐 Fortinet– https://www.fortinet.com/uk
Download Top 10 one-page summaries: https://mailchi.mp/minervamoneymanagement/how-to-get-top-10-company-snapshots
Intelligent Wealth Podcast playlist: • Intelligent Wealth Podcast

Disclaimer:
The value of investments can rise as well as fall. You may not get back the full amount you invested. The views stated in this podcast are purely personal opinions, not advice. You should always consult a professional for investment advice.
--------------------

Music from #Uppbeat (free for Creators!):
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Welcome to the Intelligent Wealth Podcast! In this episode, we dive deep into Warren Buffett’s legacy, the future of Berkshire Hathaway, and whether it’s still a smart investment in 2025. With Buffett stepping down as CEO after nearly 60 years, investors are asking: Is it time to hold, buy more, or move on?

We explore Buffett's investing philosophy, his top-performing stocks, criticisms of his strategy, and how Berkshire compares to tech giants like Apple, Tesla, and NVIDIA. We also cover compounding, diversification, free cash flow vs. DCF, and what the future may hold under Greg Abel’s leadership.

**Takeaways**

1. Berkshire Hathaway has been a significant player in the investment world for 60 years.
2. Warren Buffett's dedication to investing is unmatched.
3. Berkshire Hathaway has outperformed the S&P 500 historically, but recent performance has declined.
4. Critiques of Buffett's investment choices include ethical concerns about companies like Coca-Cola.
5. The future of Berkshire Hathaway may be limited due to its size and cash management challenges.
6. Buffett's investing philosophy may not align with the digital age.
7. Breaking up Berkshire Hathaway could unlock value for investors.
8. Investors should consider the growth potential of Berkshire Hathaway moving forward.
9. Buffett's legacy includes a wealth of knowledge and investment wisdom.
10. Investing in Berkshire Hathaway may not be the best choice for new investor

📌 Links & Mentions:
🌐 Minerva Money Management – https://minervamoneymanagement.co.uk
🌐 Berkshire Hathaway– https://www.berkshirehathaway.com/
Download Top 10 one-page summaries: https://mailchi.mp/minervamoneymanagement/how-to-get-top-10-company-snapshots
Intelligent Wealth Podcast playlist: • Intelligent Wealth Podcast

Disclaimer:
The value of investments can rise as well as fall. You may not get back the full amount you invested. The views stated in this podcast are purely personal opinions, not advice. You should always consult a professional for investment advice.
--------------------

Music from #Uppbeat (free for Creators!):
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License code: C4BIIEC6POGUQVDJ

Welcome to the Intelligent Wealth Podcast! In this episode, we uncover one of the most powerful and under-the-radar companies in the world — Mercado Libre, often called the "Amazon + PayPal + Shopify of Latin America."

👉 If you had invested just $10,000 eighteen years ago, you'd have nearly $1 million today. But this e-commerce and fintech giant is still growing at 40% per year. Is it still undervalued? Could it be one of the best long-term investments of the decade?

** Takeaways **
1. What makes Mercado Libre a once-in-a-generation business
2. How it dominates e-commerce, digital payments, and logistics in Latin America
3. The investment risks, including leadership transitions and valuation
4. Why it's beating the S&P 500 and Amazon in returns
5. The huge growth potential in underbanked emerging markets

📌 Links & Mentions:
🌐 Minerva Money Management – https://minervamoneymanagement.co.uk
🌐 Mercado Libre– https://mercadolibre.com/
Download Top 10 one-page summaries: https://mailchi.mp/minervamoneymanagement/how-to-get-top-10-company-snapshots
Intelligent Wealth Podcast playlist: • Intelligent Wealth Podcast

Disclaimer:
The value of investments can rise as well as fall. You may not get back the full amount you invested. The views stated in this podcast are purely personal opinions, not advice. You should always consult a professional for investment advice.
--------------------

Music from #Uppbeat (free for Creators!):
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License code: C4BIIEC6POGUQVDJ

In this episode of the Intelligent Wealth podcast, the hosts discuss Nvidia's remarkable rise to become the world's largest company by market cap, driven by the visionary leadership of Jensen Huang. They explore Nvidia's unique business model, its competitive advantages in the AI space, and the valuation concerns that come with its rapid growth. The conversation also delves into the risks associated with Nvidia's market position, including customer concentration and geopolitical factors. Finally, the hosts highlight Nvidia's strong financial health and positive employee culture, concluding with thoughts on the company's future prospects.

**Takeaways**
1. Nvidia recently became the world's largest company by market cap.
2. Jensen Huang's leadership style is characterised by micromanagement and a strong work ethic.
3. Nvidia's business model is fabless, focusing on chip design.
4. The company has a significant competitive advantage in AI and graphics technology.
5. Investing in Nvidia has yielded substantial returns for early investors.
6. AI is projected to consume a significant portion of the world's energy.
7. China poses a competitive threat to Nvidia's market position.
8. Nvidia has a robust balance sheet with low debt levels.
9. Employee satisfaction at Nvidia is high, with many becoming millionaires.
10. The company's future growth is tied to its ability to innovate and maintain market leadership.

📌 Links & Mentions:
🌐 Minerva Money Management – https://minervamoneymanagement.co.uk
🌐 Nvidia– https://www.nvidia.com/en-gb/
Intelligent Wealth Podcast playlist: • Intelligent Wealth Podcast

Subscribe now to the Intelligent Wealth Podcast for weekly episodes on investing, entrepreneurship, financial freedom, and innovative business ideas!

Disclaimer:
The value of investments can rise as well as fall. You may not get back the full amount you invested. The views stated in this podcast are purely personal opinions, not advice. You should always consult a professional for investment advice.
--------------------

Music from #Uppbeat (free for Creators!):
https://uppbeat.io/t/abbynoise/night-...
License code: C4BIIEC6POGUQVDJ