Kyle Grieve chats with Adam Seessel about the importance of R&D spend to a business's competitive advantage, why value investors should embrace tech as a massive creator of value, how following Benjamin Graham to the letter is causing some investors to hold onto outdated ways of thinking, why studying network effects is so important in the digital age, the importance of buying quality businesses over cheap businesses, using Adam’s BMP method on one of his newest acquisition Texas Instruments, and a whole lot more!IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro03:54 - Why we should prioritize quality businesses over cheap ones.02:51 - The basics of the BMP method.10:38 - The importance of R&D spend for competitive advantage.29:44 - Why value investors should embrace tech for value creation.31:43 - Questioning the strict adherence to Benjamin Graham's principles.42:46 - The significance of studying network effects in the digital age.46:50 - Applying the BMP method to Texas Instruments.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESRead Adam’s book Where The Money Is.NEW TO THE SHOW?Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.Help us understand our audience better so we can create a more intentional user experience by answering this survey!SPONSORSFind the right benefits and retirement plan for your team today with Principal Financial.Your home might be worth more than you think. Earn extra money today with Airbnb.Get a customized solution for all of your KPIs. Download NetSuite's popular KPI Checklist for free.Experience real language learning for real conversations with Babbel. Listeners from Germany can use our code INVESTOR to get a 12-month subscription for the price of 6 months.Learn from the world's best minds with Masterclass. Get 15% off an annual membership today.Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Connect with Kyle: Twitter | WebsiteConnect with Adam: LinkedIn | WebsiteSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.