Value Hive Podcast
293 episodes - English - Latest episode: 4 days ago - ★★★★★ - 79 ratingsWelcome to The Hive! It's nice in here, isn't it?
The Hive is a collection of investors, entrepreneurs, thinkers and individuals dedicated to getting a little smarter each day.
If you're a fan of value investing, business models, eclectic success and failure stories -- this is your podcast.
Our goal is to provide you the highest quality interviews with new twists on old topics. Fresh perspectives on antiquated ideas. Passionate discourse on all things investing.
Join us as we strive to improve a little bit each day: https://macro-ops.com/
Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support
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Episodes
John Evans: Dissecting Offshore Services w/ Subsea7 CEO
August 18, 2023 10:00 - 1 hour - 73.8 MBThis week we engage in a conversation with John Evans, CEO of Subsea 7. The discussion covers a wide range of topics, including the history and dynamics of the offshore space, factors crucial for success, the structure of the offshore value chain, customer relationships, barriers of entry, and future industry prospects. John also addresses misconceptions about Subsea 7 and provides insights into managing backlog. [0:00] Who is John Evans? [7:00] The History of the Offshore Space [13:00] T...
[REPLAY] Dan McMurtrie: Research Process, Inverted Shorts & Post-Consciousness
August 11, 2023 10:00 - 3 hours - 179 MBI'm excited to share the two-year anniversary of the most popular Value Hive episode to date! This week we chat with Dan McMurtrie, co-founder and Portfolio Manager of Tyro Partners. Tyro manages assets for Institutions and High Net Worth Individuals. We utilize a deep dive research process focused on evaluating the secular trends and supply chains driving Technology, Healthcare, Industrial, and Consumer markets. Today Dan joins The Hive for a three-hour podcast with topics ranging from p...
Derrek (@real_MikeBarnes): Resource Trading, Nintendo $NTDOY, and Getting More For Less
August 04, 2023 10:00 - 1 hour - 70.1 MBI'm excited to share my latest conversation with Derrek aka @real_MikeBarnes on Twitter. Derrek is a retail trader who specializes in resource stocks, particularly gold miners. I like Derrek because he's a multi-dimensional investor. Not only does he invest in resource stocks, but he's also heavily invested in names like Nintendo $NTDOY and Phillip Morris $PM. You will love this conversation. Derrek is a real trader and a testament to the value of the FinTwit community. If you like what ...
Q2 2023 Investor Audibles: Alluvial Capital, Laughing Water Capital, Cedar Creek Capital
July 28, 2023 10:00 - 54 minutes - 50.9 MBThis week we're continuing our Investor Audibles series with Q1 2023 letters from the following investors/funds: Alluvial Capital Laughing Water Capital Cedar Creek Capital Please let me know what other letters you'd want to hear on future Investor Audible series episodes! Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Eac...
Shubham Garg: Small-Cap E&Ps & Launching White Tundra Petroleum
July 21, 2023 10:00 - 1 hour - 88.1 MBA big thanks to the following sponsors for making the podcast a reality! Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For th...
Avi Fisher: Industrials, Construction, and Matrix Services $MTRX
July 14, 2023 10:00 - 1 hour - 63.6 MBThis week our guest is Avram (or Avi) Fisher. Avi discusses his Perfect Investment Hypothesis, highlighting key factors that make an investment ideal. The conversation then delves into the topic of the industrials supercycle, exploring trends and dynamics in the industrial sector. Avi also discusses construction accounting and its complexities. Additionally, Avi highlights Matrix Service ($MTRX) as an investment opportunity. [0:00] Who is Avi Fisher? [9:00] The Perfect Investment Hypothesi...
Jeremy Raper Pt. 2: Activist Investing, Australian Small Caps, and Finding New Ideas
July 07, 2023 10:00 - 1 hour - 92 MBThis week we have Jeremy Rapper as a returning guest. We had a very interesting discussion on what I call Social Activism. He discusses lessons on shorting, including the Silicon Valley Bank case. The conversation then shifts to event-driven investing with the Hunter Douglass Saga as an example of Social Activism. Jeremy also provides insights on Japanese capitalism and the importance of idea generation through pattern recognition. He mentions FAR Limited ($FAR.ASX) as another example of Soc...
Judd Arnold Pt.2: Offshore (TDW, VAL, RIG), Pagaya (PGY), and Unseasoned Stocks
June 30, 2023 10:00 - 1 hour - 84.6 MBHey Guys! This week we have Judd Arnold as a returning guest. Judd discusses why Tidewater is the best energy stock at the moment. He explores offshore opportunities, like VAL, RIG, and NE. Judd highlights the importance of liquidity and provides insights on finding post-bankruptcy ideas. He also mentions Pagaya (PGY) as an interesting company and shares additional investment ideas. [0:00] Why Tidewater is the best? [10:00] You are long CAPEX, not price. [15:00] Sub Sea 7 [25:00] Offshor...
[REPLAY] Shrubbery Capital Pt. 2: Process, Simplicity, & TikTok Investing
June 23, 2023 10:00 - 1 hour - 70.4 MBHey all! I am on vacation with my wife's family this week and do not have a new episode! Instead, I'm replaying one of my most popular podcasts, "Shrubbery Capital Pt. 2." The podcast has grown since that original airing and new Value Hive listeners should learn a ton from The Shrub! This episode was all about idea generation, what happens when we go from an Inflationary Environment to Recessionary Environment, why he is bullish on Bayer ($BAYN) and how at the end of the day most analyst...
Mike Alkin: The Ultimate Uranium Crash Course
June 16, 2023 10:00 - 1 hour - 84.1 MBHey guys! I'm stoked to have Mike Alkin on the podcast this week. Mike runs Sachem Cove Capital, a private investment fund. Mike is known as the "Uranium Guy" on Twitter and this week he provides the Ultimate Uranium Crash Course. It's everything you need to get up to speed on the Uranium Bull Thesis. We discuss supply/demand drivers, how to build demand and supply models, forecasting potential uranium prices, and how to structure a trade based on the underlying macro/fundamental thesis. ...
Thomas Bachrach: Natural Resource Partners (NRP), Coal Stocks, & LatAm Ideas
June 09, 2023 10:00 - 1 hour - 85.5 MBI hope you guys enjoy this podcast with Thomas Bachrach, Principal at PFH Capital. This is Thomas's third time on the show and I always learn something when we chat. This week, Thomas pitches NRP, discusses how value investors can underwrite mining/commodity stocks, and other interesting ideas in Latin America that have his attention. If you enjoyed this episode, please follow Thomas on Twitter @PFHCapital and check out his website pfhcapital.com Finally, a big thanks to the following...
Q1 2023 Investor Audibles: Alluvial Capital, Greenhaven Road, & 1 Main Capital
June 02, 2023 10:00 - 55 minutes - 51.5 MBThis week we're continuing our Investor Audibles series with Q1 2023 letters from the following investors/funds: Alluvial Capital Greenhaven Road Capital 1 Main Capital Please let me know what other letters you'd want to hear on future Investor Audible series episodes! Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each ye...
James Davolos: A Metals Royalty & Streaming Deep Dive
May 26, 2023 10:00 - 1 hour - 61.1 MBFinally, thanks to the following sponsors for making the podcast a reality! Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns to support MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. I highly...
James Davolos: Precious Metals Royalty & Streaming Deep Dive
May 26, 2023 10:00 - 1 hour - 61.1 MBHey guys! This episode, we have James Davolos, from Horizon Kinetics, as a returning guest, sharing valuable insights on various topics. James discusses the nature of sticky inflation and the distinction between structural and cyclical inflation. He also dives into the royalty business model in the precious metals industry, exploring its history and the concept of streaming agreements. James provides insights on exiting a royalty business and emphasizes the importance of conducting due dil...
Calvin Froedge: An Unconventional Path To Common Sense Investing
May 19, 2023 10:00 - 1 hour - 69.3 MBI'm stoked to share my conversation with Calvin Froedge. Calvin has one of the most unique investing backgrounds I've encountered in four years of the podcast. He didn't graduate high school. Instead, he spent his late teen years working for his dad's machinery business. He explored other business ventures in his early twenties before moving to Panama. Today, Calvin spends his time researching new investments and running his Shipping Data company, Marhelm. I thoroughly enjoyed this conve...
Otavio Costa: Precious Metals Deep Dive
May 12, 2023 10:00 - 1 hour - 79.9 MBHey Guys! This episode, we hear from Tavi Costa, portfolio manager at Crescat Capital, and get his insights into the precious metals industry. Tavi talks about the importance of precious metals CAPEX and explains how the demand for precious metals, specifically gold, affects the industry. He also discusses the differing opinions of gold bears. Tavi shares his thoughts on the inflation super cycle and how it impacts investing criteria. He also talks about identifying mistakes and valuing prec...
Alex Verge: Building Journey Energy $JOY
May 05, 2023 10:00 - 1 hour - 90.5 MBHey guys! This episode features Alex Verge, CEO of Journey, who shares his insights and experiences in the energy industry. Alex explains his “buy and exploit” game plan and emphasizes the importance of owning the land. He also talks about the cycles of the energy industry and how understanding them is crucial for success. Alex discusses the increasing costs in the energy space and shares his experiences during the 2014-2020 cycle. He reflects on the challenging times when oil prices went ...
Jared Dillian: All Things Writing, Creative Process, and Craft
April 28, 2023 10:00 - 53 minutes - 49.4 MBWelcome to another episode of the Value Hive Podcast, folks! Today, we have a real treat for y'all as we've got Jared Dillian in the house. This guy's a top-notch writer and author of "Those Bastards," and he drops some serious knowledge bombs on us. Now, if you're into finance and investing, you're going to love this one. Jared and I dive deep into important topics, like writing, idea generation, and the lessons we can learn from the history of finance. We discuss Jared's approach to gene...
Will Thomson: Critical Raw Materials Deep Dive
April 21, 2023 10:00 - 1 hour - 79.9 MBHey guys! In the latest episode of The Value Hive Podcast, I had the pleasure of speaking with Will Thomson, the managing partner at Massif Capital. Will's investment focuses on tangible assets that can help decarbonize the world. Throughout our conversation, we covered various topics related to investing in this space. We started by discussing the importance of copper and cobalt in transitioning to a lower-carbon future. Will shared his insights on how to evaluate companies that produce th...
Judd Arnold: Seeking Convexity in Offshore Energy
April 14, 2023 10:00 - 1 hour - 79.2 MBHey guys! This week I'm stoked to have Judd Arnold on the podcast. Judd runs Lake Cornelia Research Management, a hedge fund and bespoke investment research firm. Judd joined The Value Hive to break down the Offshore Energy Industry. Most of the podcast discusses convexity, how to find it within the offshore space, and how to compare various convexity levels between industry opportunities. You can easily tell Judd knows his industry inside out, which makes for a highly educational (and e...
Q4 2022 Investor Audibles: SRK Capital, HCM Capital, and Bonhoeffer Capital
April 07, 2023 11:00 - 1 hour - 65.2 MBThis week we're continuing our Investor Audibles series with Q4 2022 letters from the following investors/funds: SRK Capital HCM Capital Bonhoeffer Capital Please let me know what other letters you'd want to hear on future Investor Audible series episodes! Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo i...
WTI Realist: Taking A Realistic View on The Bull Energy Thesis
March 31, 2023 11:00 - 1 hour - 81.9 MBI hope you guys enjoy my podcast with Twitter's own WTI Realist. We spend nearly 90 minutes dissecting the oil bull thesis, emphasizing under-followed parts of the value chain like midstream and royalty businesses. If you enjoyed the podcast, please follow WTI Realist on Twitter here. Also, check out his Substack here! Here's the time-stamp: [0:00] Meet our guest, WTI Realist [7:00] The Simplicity of the Oil Industry [14:45] Understanding the “Full Cycle” in the Oil Industry [16:30] ...
Harris Kupperman: Journey Energy $JOY, Patience, and Inflection Investing
March 24, 2023 10:00 - 1 hour - 66.3 MBHey guys! This week we're excited to have our friend Harris Kupperman (aka Kuppy) back on the podcast. Kuppy is a dear friend and one hell of an investor. We spend the podcast discussing the idea of patience and boredom as keys to successful investing. We also touch on Kuppy's Inflection Investing framework. Finally, we dive deep into one of Kuppy's newest equity positions: Journey Energy (JOY). Full disclosure, Kuppy owns ~2% of the company and I own shares in my retirement account. Pleas...
Trader Ferg: Investing in Post-Bankruptcy Energy Plays
March 17, 2023 10:00 - 1 hour - 74.8 MBHey guys! This week is all about Post Bankruptcy Investing and we have Ferguson Cullen to show us his investing philosophy. He explained his concept of Subsidized Asymmetry, how he tries to not become an emotional Basket Case, investing in Peabody Energy, what are the red and green flags when you invest in bankruptcy ideas, how to find ideas and how he manages his portfolio, they exits and build a position. [0:00] Investing Journey [9:00] Using Social Media to Gauge Sentiment [15:00] Anal...
Christine Guerrero: An Inside Look at Integrated Oil E&Ps
March 10, 2023 11:00 - 1 hour - 85 MBHey Guys! This week we have Christine Guerrero. She is one of the most unique guests from our Oil & Gas Journey. She has spent actual time working as an Engineer in various Energy Producers. She shares how she got into the industry, why scalability is very important, her favorite stocks ($HES, $APA, $CGXEF & $FECCF), what are good unit economics, and what was like investing in energy companies when oil went negative. [0:00] Who is Christine Guerrero? [7:30] Working in Chevron ($CVX) [13:0...
Josh Young: Energy Value Chain Analysis (Offshore & Onshore)
March 03, 2023 11:00 - 1 hour - 86.2 MBThis week our guest is the number one performing manager from last year the one and only Josh Young, from Bison Interest. During our conversation we talk all things about the Onshore and Offshore Energy Space, the most common mistakes naive investors make, managing an energy portfolio and position sizing, what are Drilled but Uncompleted and what are some of Josh’s favorite books. [0:00] Introduction and book recommendations. [8:00] The onshore space [18:00] How to approach the onshore va...
Victor Swishchuk: A Beginner's Guide To Analyzing Oil E&Ps
February 24, 2023 11:00 - 1 hour - 109 MBWe continue our pilgrimage through the oil and gas space and today we have Victor Swishchuck from Letko Brosseau to help us dive into the upstream section of the Energy Sector. Victor gives us a summary of what it means to really understand the energy sector from zero to one. We go from understanding the different types of crude oil to the different types of Upstream Oil and Gas Businesses, to how to value them and the most common pitfalls every naive investor faces when getting into the ind...
Brian Gitt: Busting The Myths of ESG & "Green" Energy
February 17, 2023 11:00 - 57 minutes - 53.1 MBHey Guys! This week is another episode on our 3 Month Journey through every corner of the energy space. Our guest today is Brian Gritt and he is kind enough to help us understand some of the myths surrounding the energy industry. We learn about his background, how he changed his mind from only solar energy to a more diverse portfolio of energy sources, why we should’t demonize fossil fuels, why Nuclear Energy is the best energy return / energy invested source, the downside of wind energy, an...
Q4 Investor Audible Series: Praetorian Capital, Gator Capital, & Maran Capital
February 10, 2023 11:00 - 51 minutes - 47.5 MBThis week we're continuing our Investor Audibles series with Q4 2022 letters from the following investors/funds: Praetorian Capital Gator Capital Management Maran Capital Please let me know what other letters you'd want to hear on future Investor Audible series episodes! Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Eac...
Shrubbery Capital Pt. 2: Process, Simplicity, & TikTok Investing
February 03, 2023 11:00 - 1 hour - 70.4 MBHey Guys! This week we are back for a second round with the anonymous account @agnostoxxx aka The Shrub. This episode was all about idea generation, what happens when we go from an Inflationary Environment to Recessionary Environment, why he is bullish on Bayer ($BAYN) and how at the end of the day most analyst in the industry are Tik Tok investors. Check out the time stamp below: [0:00] What has changed the last time we talked? [5:00] From Inflationary Environment to a Recessionary Envir...
Rory Johnston: Oil & Gas Industry Crash Course
January 27, 2023 11:00 - 1 hour - 76.5 MBHey Guys! This week our guest is Rory Johnston. He is the savant of all things oil. We discussed how he became an energy analyst, oil’s volatile history, how energy companies started caring about profitability and forgetting about growth at all cost, what is shale energy, the oil and field services and how to understand supply and demand data. [0:00] Who is Rory Jonhston? [7:30] The Energy Lost Decade [16:00] Where to start learning the energy industry? [22:00] Oil is Technology. [27:00...
Dede Eyesan: How To Find Stocks That Return 10x in 10 Years
January 20, 2023 11:00 - 1 hour - 75.9 MBHey Guys! This week’s topic is about global outperformers and our guest Dede Eyesan is here to share his knowledge. Last year, Dede published a book titled Global Outperformers, where he studied listed companies that returned more than 1,000% in 10 years. Throughout this episode we get to know who Dede Eyesan is, the process of researching 10 baggers, what are some similarities 10 baggers share between themselves, the differences between a profitable vs an unprofitable 10 bagger, differences...
Nathalie Sinyard: Crash Course on Burnout
January 13, 2023 11:00 - 1 hour - 63.8 MBHey guys! Hope you're 2023 is off to a great start! I'm stoked to share the first interview of 2023! This week, I sat down with Nathalie Sinyard, a Behavioral Economist who specializes in studying burnout. That's right. The thing you and I do, but quietly tell ourselves its okay because we're "grinding." That thing. Nathalie dispelled a lot of myths I had around burnout. I also opened up about my personal struggles with burnout. Things I still struggle with today. I found this conversati...
Q3-Q4 Investor Audible Series: Vlata Fund, Greenhaven Road Capital, and Tourlite Capital
January 06, 2023 11:00 - 1 hour - 61.3 MBThis week we're continuing our Investor Audibles series with Q3/Q4 2022 letters from the following investors/funds: Vlata Fund (Q4 Letter) Greenhaven Road Capital (Q3 Letter) Tourlite Capital (Q3 Letter) Please let me know what other letters you'd want to hear on future Investor Audible series episodes! Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, t...
[REPLAY] Shrubbery Capital: What 15 Years In Hedge Funds Teaches You
December 30, 2022 11:00 - 1 hour - 89.8 MBI came down with a mad cold this week and couldn't record a podcast. I don't think you want to hear voice any more nasaly than it already is. Anyways, this week I'm releasing a Replay of one of our most popular episodes ever featuring The Shrub (or Shrubbery Capital). We had a lot to cover on this conversation. We dive into Shrub’s background, working for event driven funds and family offices, his recycling investment thesis, structuring a trade, why we should we use stop losses and tec...
Luke Wolgram: AutoPartner $APR & The Hunt For Unique Ideas
December 23, 2022 13:51 - 1 hour - 63.9 MBThis week’s guest is Luke Wolgram. He is the most accurate investor according to Tip Ranks and during our conversation he shares his investing journey and philosophy, the benefits of Micro Caps, how he finds ideas, managing a portfolio and position sizing. Lastly he shares why Autpartn ($APR) a polish automotive parts distributor is an interesting idea. [0:00] Who is Luke Wolgram [4:00] Luke’s Investing Journey [8:00] Investing Philosophy [12:00] Why invest in Micro Caps? [16:40] Findin...
Nicholas E. Radice: Investing Like Ian Cumming & Peter Thiel
December 16, 2022 11:00 - 1 hour - 85.8 MBHey guys! This week we have Nicholas E. Radice on the podcast. Nicholas is a distressed and real asset investor with a unique approach to markets. Nicholas is from Upstate NY and got his start in distressed investing after growing up in the midst of a manufacturing collapse in his hometown. After graduating from Cornell University, Nicholas worked under famous distressed investor Ian Cumming, before starting his own private investment holding company, backed by Peter Thiel. This podcast di...
Peter Mantas: Life Sciences Deep Dive (Part 2)
December 09, 2022 11:00 - 1 hour - 83.3 MBThis week we have the one and only Peter Mantas of Logos LP. This episode is the second time we solely focused on life sciences and the Biotech space. Peter explains how much the biotech and life sciences industry has change since the last time we spoke all the way back in February. He explains why Big Pharma might have a golden age, how to value the pipeline for some pharmaceuticals companies, gaging probabilities, what is bioprocessing, who are the C players and more! [0:00] What has cha...
Mike (@TheRealEstateG6): Zero To One In Real Estate
December 02, 2022 11:00 - 58 minutes - 53.9 MBThis week we're stoked to have Mike aka @TheRealEstateG6 on the podcast. Our conversation focuses on all things real estate investing. He shared with us how he got into Real Estate and his his Real Estate career, what he thinks about Arbnb renting as a business, the most common mistakes that retail investors do, his best and worts investments and how he levered his knowledge on private Real Estate and create his own Real Estate Investing Fund. So if you are interested in Real Estate in...
Samer Hakoura: Ashtead Group $AHT Deep Dive
November 25, 2022 11:00 - 1 hour - 67 MBPlease enjoy our conversation with Samer Hakoura, Founder of Alphyn Capital. We covered everything that an investor needs to know about Ashtead Group (LSE: $AHT), whether it is Ashtead’s history, what is their business, Ashtead’s Competitive advantages, its unit economic, value and why they still have future margin expansion and revenue growth. Plus, Samer shares his investment journey such as how did he manage to run a Caribbean Supermarket and and what could possible go wrong with his ...
Robert Brooks: CECO Environmental $CECE Deep Dive
November 18, 2022 11:00 - 1 hour - 58.6 MBToday’s episode we had a conversation with Robert Brooks, Founder of Brick by Brick Capital. We covered everything that an investor needs to know about Ceco Environmental ($CECO), whether it is Ceco’s history, what is their business, Ceco’s Competitive advantages, its unit economic, value and why they still have future margin expansion and revenue growth. Plus, Robert shares his investment journey and what could possible go wrong with his Ceco Investment. Check out the time stamp below: [0...
Twitter Spaces: @Mr_Neutral_Man Howard Hughes $HHC Deep Dive
November 11, 2022 11:00 - 58 minutes - 54.2 MBThis week we invite Mr. Neutral Man from Twitter back on the Value Hive podcast with our Twitter Spaces Q&A recorded in late October. Mr. Neutral dives deep into his latest fat pitch idea: Howard Hughes $HHC. I hope you enjoy this Twitter Spaces recording. Please let me know who else you'd want me to interview in Q&A fashion. I love these episodes because it gives me a chance to step back and let the audience ask all the questions. Finally, a big thanks to the following sponsors for making...
Q3 2022 Investor Audibles: Nordstern Capital, Praetorian Capital, and Maran Capital
November 04, 2022 11:00 - 50 minutes - 46.9 MBThis week we're continuing our Investor Audibles series with three Q3 2022 letters from the following investors/funds: Nordstern Capital Praetorian Capital Maran Capital Please let me know what other letters you'd want to hear on future Investor Audible series episodes! Also, here are some of the links mentioned in the podcast: Value Hive Podcast w/ David Kaye Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you ...
Scott Willis: Commodity Investing 101
October 28, 2022 11:00 - 54 minutes - 50.4 MBPlease enjoy my podcast with Scott Willis, Portfolio Manager of the Grizzle ETF ($GRZZ). We covered everything that an investor needs to know about investing in energy companies, whether it is the most common mistakes done while valuing energy stock, where are we in the energy cycle, why ESG is a briefcase full of money for energy stocks, Russia and OPEC and what is the Cost Curve Explainer. [0:00] Most common mistakes done while valuing energy stocks? [8:00] Where are we on the energy cyc...
Q3 2022 Investor Audibles: Third Point Capital, Ensemble Capital, Greenlight Capital
October 21, 2022 11:00 - 1 hour - 60.8 MBThis week we're continuing our Investor Audibles series with three Q3 2022 letters from the following investors/funds: Third Point Capital (02:00 - 24:00) Ensemble Capital (25:00 - 46:00) Greenlight Capital (47:00 - 65:00) Please let me know what other letters you'd want to hear on future Investor Audible series episodes! Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also k...
Jeremy Kokemor: Ferguson PLC $FERG Deep Dive
October 14, 2022 11:00 - 59 minutes - 55.1 MBToday’s episode we had a conversation with Jeremy Kokemar, Founder of Right Tail Capital. We covered everything that an investor needs to know about Ferguson ($FERG), whether it is Ferguson’s history, what is their business, Ferguson’s Competitive advantages, its unit economic, value chain and why they still have future margin expansion and revenue growth. Plus, Jeremy shares his investment journey and what could possible go wrong with his Ferguson Investment. [0:00] Who is Jeremy Kokemar a...
Mr. Neutral Man: Rock Quarries, Hedging, and Lessons From The GFC
October 07, 2022 11:00 - 1 hour - 108 MBHey Guys! Continuing our theme of interviewing anonymous accounts, this week’s guest is @Mr_Neutral_Man. Our conversation focus on Real Estate investing in the Public Markets. He shared with us what are his dream investments, crazy stories about doing on the ground research, what was like to live and invest during the GFC, what is his hedging protocol, why inflation will be more persistent and why we might never see mortgage rates sub 3%. Check out the time stamp below: [0:00] Mr. Neutral...
Leandro: Five Below (FIVE), Topicus (TOI.TSX), and Texas Instruments (TXN)
September 30, 2022 11:00 - 1 hour - 67.8 MBHey Guys! This week our guest is Leandro, he is the lead contributor at Best Anchor Stocks. This episode was all about Leandro investing process and journey. He shared some of his investment ideas featured at Best Anchor Stocks such as Five Below ($FIVE), Topicus ($TOI) and Texas Instruments ($TXN). He gave us context on their specific industry, their competitive advantage, and the management team. [0:00] What happens to Five Below ($FIVE) in a recession or in an inflationary environment? ...
Sean Emory: Fiverr $FVRR Deep Dive
September 23, 2022 11:00 - 1 hour - 65.2 MBThis weeks guest is Sean Emory from Avory & Co. This week we dove deep into the weeds on Fiverr. We compared it to Upwork, we talked about how to valuate it, the unit economics of the business, and whether Fiverr has a moat. Plus, Sean shared with us his investing journey. Why he invest in structural growth and transformation and he shared a couple of his transformation bets that are in his portfolio. [0:00] Investing in Structural Growth and Transformation [8:20] Data tells our Stories [...
Taylor Pearson: Ergodicity All The Way Down
September 16, 2022 11:00 - 1 hour - 62.6 MBThis week our guest is Taylor Pearson, Principal of Mutiny Fund, author of the book End of Jobs and the Interesting Times Newsletter. Our conversation is a summary of Taylor’s amazing blog posts such as: What is ergodicity, the Sand Pile Effect, Maginot Line, and Attractor Landscapes. He also tells us his investing journey and the origin story of the Cockroach Portfolio. [0:00] Who is Taylor Pearson [3:30] The Cockroach Portfolio [6:00] Ray Dalio’s All Weather Portfolio [11:00] Nassim Ta...