TIVP043: MSCI (MSCI): The Financial Giant Enabling Passive Investing w/ Shawn O’Malley & Daniel Mahncke

Shawn O’Malley and Daniel Mahncke break down MSCI Inc. (MSCI), the global leader in financial market indexes that power the passive investing revolution. They explore how MSCI built its dominant, utility-like business model, its compounding potential, and whether the stock remains attractively priced. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 Intro 00:03:08 How indexes produced by MSCI help to organize, simplify, and provide context for different aspects of financial markets 00:06:01 What makes MSCI one of the highest quality businesses we’ve ever looked at 00:12:05 Why MSCI has become the industry standard for indexes outside of the U.S. 00:14:27 Whether passive investing will be a boon going forward for MSCI, or if declining management fees in mutual funds will devastate the business 00:30:13 About MSCI’s relationship with major asset managers like Vanguard, BlackRock, and State Street 00:54:01 Whether direct indexing will disrupt MSCI’s golden goose 01:02:59 How to think ab...