IN THIS EPISODE, YOU’LL LEARN: 01:55 - What makes Weitz’s equity and fixed income funds different from others.04:20 - Weitz’s overall investment process and how it has evolved over time. 04:20 - What their “quality at a discount” (QAD) investing framework is. 11:45 - What 6 factors they look for to assess the quality of a company. 14:16 - What discount rate they use when projecting out cash flows. 24:01 - Their thoughts on Google, Facebook and Amazon stocks. 26:44 - Their investment thesis for Liberty Broadband. 31:30 - What drives large discrepancies between a companies’ enterprise value and market cap, and what should investors be more focused on. 37:52 - Why Accenture stock has been one of their core holdings for 10+ years. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESCheck out Weitz Investment Management.  Related episode: Value Investing in the Digital Age w/ Adam Seese - MI196.Related episode: Warren Buffett Value Investing w/ Gary Mishuris - MI Rewind.Related episode: Investing Legend Bill Miller On Amazon, Bitcoin, & Buffett - RWH007.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert and Clay’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One. Invest in high quality, cash flowing real estate without all of the hassle with Passive Investing.Get up to 3% Daily Cash back on everything you buy with Apple Card. Subject to credit approval. Daily cash is available via an Apple Cash card or as a statement credit. See Apple Card customer agreement for terms and conditions. Apple Cash card is issued by Green Dot Bank, Member FDIC. Variable APRs range from 13.24% to 24.24% based on creditworthiness. Rates as of August 1, 2022.Combine hundreds of search filters to quickly find better leads, close more deals, and unlock your investing potential with the power of PropStream!Support our free podcast by supporting our sponsors.Connect with Weitz:  Twitter | Drew's LinkedIn | Barton's LinkedIn Connect with Clay: Twitter  | InstagramSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.