Luis Sanchez, founder of LVS Advisory, disses the bull thesis for IBKR, including why the company is a major beneficiary of interest rates rising and how the company's business to business solution can drive major account growth.See Luis's IBKR write up here: https://lvsadvisory.com/wp-content/uploads/2022/09/LVS-Advisory-IBKR-Write-Up-September-2022.pdfChapters0:00 Intro2:45 IBKR overview6:05 What is Luis seeing in IBKR that the market is missing?12:30 IBKR's valuation15:15 Is IBKR more net interest or trading driven?19:00 IBKR's focus on active traders23:30 Does IBKR have one product risk from the bigger asset managers?28:30 Blow up risk38:00 International account risk and opportunity42:45 Business to business growth52:45 Trading account stickiness53:35 IBKR and crypto55:55 IBKR's founder and management team1:00:15 Share buybacks and insider selling