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Value Hive Podcast

Value Hive Podcast

By Brandon Beylo
Welcome 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: macro-ops.com/

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Elliott @mu2myoc: The Truth About Affordable Housing Investing
Hey Guys! This week we are pivoting from the public markets and we are diving back to Real Estate, specifically getting our hands dirty on affordable housing. Our guest Elliot @mu2myoc is here to tell us the good, the bad, and the ugly. He shared with us some basic concepts used in Real Estate such as yield on cost, his investing methodology, his Real Estate journey, some crazy stories from affordable housing, how to get into affordable housing and his  Archdiocese of New Orleans Twitter Thread. [0:00] What is mu2myoc? [1:20] What is yield on cost? [5:30] When to Sell? [10:00] Why Elliot got into Real Estate? [20:00]Landing Your First Deal [30:00] Receiving Feedback [36:00] The Housing Market: Momentum Investing [45:00] Crazy Stories from Affordable Housing [1:12:00] Elliot Investable Universe [1:14:00] How to get into Section 8? [1:17:00] The Archdiocese of New Orleans: Thread [1:29:00] Closing Questions If you like what you heard, please follow Elliott on Twitter @mu2myoc.  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. 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 those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/HIVE
01:35:23
May 13, 2022
Eric Markowitz: Tesla, Inc. $TSLA Deep Dive w/ Worm Capital
Hey guys! This week we have Eric Markowitz from Worm Capital. This episode is all things Tesla! Eric shares with us Worm Capital’s research on Tesla such as Tesla’s Autonomous Driving Advantage, Tesla’s Gigafactories, Tesla’s Customer Value Proposition, why being DTC is an advantage, and some of Tesla’s potential ancillary services such as insurance, gaming and maybe becoming an advertising channel. [0:00] Worm Capital [4:00] What is like holding Tesla with outside money? [8:00] What does it really mean to invest for the long term? [14:00] Changing your mind [20:00] The Tesla Bull Case [29:00] Tesla’s Customer Value Proposition [36:00] Tesla Autonomous Driving Advantage[45:00] Tesla Gaming [51:00] Tesla’s Gigafactories [1:02:00] Tesla is DTC [1:07:00] Tesla’s Ancillary Services [1:10:00] Tesla becoming an Advertising Channel [1:17:00] Tesla’s Revenue Growth [1:20:00] More from Eric and closing questions. If you like what you heard, go follow Eric on Twitter here! Also, check out Worm Capital's website here.  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 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 those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at
01:28:51
May 06, 2022
Robert Prather: A Crash Course on Short Selling
Hey guys! This week’s guest is Robert Prather, founder of Vision Research an independent research firm dedicated that focuses on the short side, and naturally this episode is a big crash course on short selling, so if you are interested in short selling or want to hear the point of view of a short seller this episode just for you! Rob shared how he analyzes the balance sheet, his idea generation, how to do due diligence and why he recommended shorting Allegro ($ALE) and Peloton ($PTON). [0:00] Why do you short sell? [4:30] Unique Aspects of Short Selling [7:40] Why is Short Selling Important? [9:20] Ideal Short Trade [10:00] Idea Generation [18:40] How to do Due Diligence? [21:00] Analyzing the Balance Sheet [31:00] What Industry does Robert shorts? [33:00] Allegro ($ALE): Short Thesis [42:00] Peloton ($PTON): Short Thesis [52:00] Covid Over Earners [56:00] Shorting Good Companies: Trex Company ($TREX) [1:03:00] Shorting SPACs [1:08:00] Structuring Short Books [1:15:00] More from Robert and Closing Questions Finally, a big thanks to the following sponsors for making the podcast a reality. If you like what you heard, check Rob out over at Visionro.com 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 those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at
01:22:09
April 29, 2022
Logan Bartlett: The State of Software Venture Investing
Hey Guys! This week we have a special guest: Logan Bartlett Managing Director and Partner of Redpoint Ventures. This podcast is all about Venture Capital and specifically Software Venture Capital. We discussed Logan’s venture capital journey, the differences between public markets and the private market, what is currently happening in the Software landscape, he shared from a venture capitalist point of view on how to construct a portfolio, deciding when to buy, and how to research a company. [0:00] Introduction: Logans Investment Journey from Battery Ventures to Redpoint Ventures [5:40] What made Battery Ventures so good? [9:00] Public Markets vs Private Markets [14:30] What is happening in the Software Landscape? (Exuberance) [22:00] Portfolio Construction in a Venture Fund [35:00] Luck vs Skill [41:00] Knowing too Much can be a Detriment [51:00] Braze $BRZE [1:00:00] When to buy? [1:06:00] Logan’s Research Process [1:15:00] Valuation Matters? [1:22:00] Investment Funds need a media arm? [01:37:40] More from Logan and closing questions If you like what you heard, please follow Logan on Twitter @loganbartlett. Also check out what he's doing at Redpoint here.  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 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 those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at
01:44:03
April 22, 2022
Investor Audibles: GreenWood Investors, Worm Capital, Third Point, & Gator Capital
Hey guys! This week I'm trying something brand new on the podcast. I created an "audiobook" edition of some of my favorite hedge fund letters. This week, I read the Q4 letters from the following funds: GreenWood Investors Worm Capital Third Point Gator Capital  There is one other podcast that does this (Capital Literature), but I thought having a more human voice would make it easier to listen to, hopefully you agree. 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 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 those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive.
54:57
April 15, 2022
Aaron Edelheit: Crash Course on Cannabis Investing
Welcome back Aaron Edelheidt! This is the second time Aaron is on the Value Hive Podcast. This time around he was kind enough to give us a Crash Course on the Weed Industry and gave us insight on what exciting developments are happening in the political landscape, how important are brands in the weed industry, why high barriers of entry exist, what are MSOS, Glass House Farms and why he decide to start a only Cannabis Fund. [0:00] The Beginning of a Weed Bull Market: Chuck Schummer [16:00] Weed: Brands will be their moats. [23:00] Weed: High Barriers to Entry [37:00] Which Weed Business to Invest in? [45:00] Glass House Farms (GLASF) [53:00] MSOS are Fantastic Business [1:00:00] Wrong or Being Early? [1:10:00]Why start the fund? [1:15:00] More from Aaaron Edelheit and Closing Questions Make sure to follow Aaron on Twitter here and check out DignityMoves here! 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 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 stock pickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive.
01:29:23
April 08, 2022
Twitter Spaces: Bill Brewster Q&A
Hey Guys! This week, we’re chatting all things Podcasting with Bill Brewster! This is a recording of a Twitter Spaces I did two weeks ago.  The general goal was to talk about what we have learned from podcasting, our favorites podcast episode/guest, our favorites podcasts and have a ton of fun with the community and answer some of their questions. [1:00] What have you learned about yourself since starting the podcast? [13:00] Researching Guests [16:00] Missing the Commodities Boom [26:00] When it’s time to reconsider your macro view point? [32:00] Core Lessons on Investing? [37:00] What company/industry you want to learn? (Weed) [46:00] Podcast Sponsors [52:00] Jake Taylor [58:00] Dogs & Puppies [1:07:00] Taxes If you liked what you heard and want to learn more about Bill, follow him on Twitter here.  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 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 those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive.
01:21:38
April 01, 2022
@KlendathuCap: Reminiscences of a FinTwit Anon
Hey Guys! This week we have as a guest another anonymous Fintwit account, @KlendathuCap. We discussed a variety of topics such as the reason behind his Twitter handle, investing in Pixar when he was a kid, how he got into Investing, using technicals, how your behavior changes when you post a stock position on Twitter, how he manages his portfolio and a small conversation about the oculus. [0:00] Who is Klendathu Cap? [4:00] Investing inPixar [12:40] Grandpa’s Trading Style [19:00] @KlendathuCap’s Investing Style [26:30] Chinese Equities [29:00] Using Technicals [37:00] Sharing your Ideas [48:00] The Body is Not a Machine [58:00] Stalling of Medical Innovations [1:05:00] Portfolio Management [1:12:00] Paralysis by Analysis [1:16:00] The Metaverse: Oculus [1:24:00] More from @KlendathuCap and closing questions If you like what you heard, Follow KlendathuCap on Twitter here.  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 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 those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive.
01:30:55
March 25, 2022
Frederik Gieschen: Lessons From Trading Greats, Writing Habits & Black Holes
Hey Guys! This week I am very stoked to have Frederik Gieschen, @NeckarValue, on the Podcast. We dove deep on writing and reading processes, lessons from the trading grates, market burnout, longevity and endgames [0:00] How Frederik Became a Writer [17:00] Don’t Fool Yourself [26:00] Handling Being Wrong [40:00] Investing Burn Out: Peter Lynch [47:00] FinTwit Timeline: Web 3.0, Metaverse, NFT, BS, etc. [1:02:00] Lessons from “Going for the Jugular” [1:07:00] Analyzing Quotes: The Backstop [1:17:00] Tiger Global: Power Laws [1:25:00] Why People Read Our Writings? [1:38:00] More from Frederik and closing questions If you like what you hear and want to learn more about Frederik, follow him on Twitter here and check out his Substack here.  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 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 those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive.
01:48:47
March 18, 2022
Q4 Investor Letter Audibles: Greenhaven Road, Laughing Water Capital, & Greenlight Capital
Hey guys! This week I'm trying something brand new on the podcast. I created an "audiobook" edition of some of my favorite hedge fund letters. This week, I read the Q4 letters from the following funds:  Greenhaven Road Capital Laughing Water Capital  Greenlight Capital There is one other podcast that does this (Capital Literature), but I thought having a more human voice would make it easier to listen to, hopefully you agree.  Also, I thought now would be a great time to try this as I'm traveling to FL for my bachelor party. I look forward to resuming the usual person-to-person interview style you've come to appreciate on the podcast.  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 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 those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive.
01:13:38
March 11, 2022
Lucas Tomicki: Systematically Hunting For Compounders
Hey guys! This week we have Lukasz Tomicki, the portfolio manager at LRT Capital. LRT is a long-short fundamental based investment fund.  In this conversation we took a deep dive to a lot of different areas such as the current conflict between the Ukraine and Russia, his technology background, how he founded a company after graduating high school, story stocks such as Uber and We Work, and Carvana, how he constructs his portfolio, and last but not least he shared his bull theses in Watsco, Inc. (WSO), Tractor Supply (TSCO) and Hexcel Corporation (HXL). [0:00] Who is Lukasz Tomicki? [2:40] Russia, Ukraine and the USA. [9:00] Founding a Company [14:00] Lukasz’s Investing Journey [22:00] Story Stocks: Uber, We Work [28:00] Founding LRT Capital [30:00] Investing Criteria & Fake Moats [39:00] Portfolio Construction [49:00] The Endowment Bias [51:00] Watsco, Inc. (WSO) [1:02:00] Tractor Supply (TSCO) [1:08:00] Hexcel Corporation (HXL) [1:17:00] Ideas for the future [1:19:00] More from Lukasz Tomicki & Closing Questions If you like what you heard, follow Lukasz on Twitter @Tomicki and check out his website here. Also, 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 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 those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive. 
01:30:27
March 04, 2022
Austin Swanson: Cardlytics (CDLX) Deep Dive
This week I'm excited to share with you my conversation with Austin Swanson. Austin is a real estate and stock market investor. And boy, is he passionate about investing. Austin dives deeper into businesses than any analyst/portfolio manager I've seen. This show is a highlight into Austin's research process on Cardlytics (CDLX). Austin owns a two-stock portfolio, and CDLX is one of them.This episode dives deep into the Cardlytics business. We discuss everything including: Customer value proposition CDLX Unit Economics What separates CDLX from its competition Why competitors can't easily compete with CDLX CDLX long-term value creation potential What's embedded in the current stock price? And more! If you're interested in CDLX or already invested and want to learn more, this episode is for you!If you like what you hear from Austin, follow him on Twitter @Swany407 and check out his Substack here. Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive. MasterWorks MasterWorks is the new tech platform valued at over one billion dollars that lets you invest in paintings by Warhol, Picasso and Banksy like stocks. You don’t need hundreds of millions to add art to your portfolio anymore. You just need a solid internet connection to get started. Try them out today at Masterworks.art/value
01:34:32
February 25, 2022
Peter Mantas: Crash Course on Life Sciences & Biotech Investing
Hi guys! This week we have a returning guest! Peter Mantas of Logos LP. This episode is solely focused on life sciences and the Biotech space. He explains how strange of an environment the Biotech industry is experiencing at the moment, he shares the different business models that exist in Biotech, we dive a little bit into the pick and shovels of the Biotech industry such as West Pharmaceutical and Charles River Laboratories, how he researches Biotech and the bull case for ClearPoint Neuro Inc ($CLPT).  Check out the time-stamp below: [2:00] What is happening to Biotech?  [15:00] Charles River Laboratories International ($CRL) [20:00] West Pharmaceutical Services ($WST)  [25:00] ClearPoint Neuro Inc ($CLPT)  [28:00] Where to find Biotech Opportunities? [31:00] What is Neuralink?  [35:00] Which Business Model is the Most Profitable?  [42:00] How to Research Biotech? [1:03:00] How to build a Biotech Portfolio? [1:14:40] Most Common Questions in Biotech [1:19:00] More from Peter Mantas and Closing Questions If you like what you heard, follow Peter on Twitter @Logos_LP.  Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive. MasterWorks MasterWorks is the new tech platform valued at over one billion dollars that lets you invest in paintings by Warhol, Picasso and Banksy like stocks. You don’t need hundreds of millions to add art to your portfolio anymore. You just need a solid internet connection to get started. Try them out today at Masterworks.art/value
01:24:25
February 18, 2022
Dan McMurtrie: The Super FLUgatu Episode (rec: 08/21)
Michael Jordan had his flu game. This week, Dan McMurtrie has his Flu Podcast. Join us as the Super Flugatu drops dozens of knowledge bombs, all while battling the flu.  Dan touches on a lot of what I originally posted, but there's definitely a few more gems worth the listen. Dan dives deep into topics like:  Structuring Research & Valuing Research Time The reality of emerging managers Building Trust Online in a Digital World  The Obsession with Long-Term "HODL" Mindsets And more! If you like what you hear, follow Dan on Twitter @SuperMugatu and check out his firm Tyro Partners.  You can check out the time-stamp below:  [4:34] Wrestling Stories [19:09] Biases & Mental Frameworks [30:01] Knowing What Game You're Playing [35:00] Long/Short Managers [53:00] How Dan Uses Trello  [62:00] How Dan Structures Research Time [82:00] Stand-Up Comedy [94:00] Conversion of Online & Offline Worlds [103:00] Trust in Online Commerce [121:00] Kombucha Stories [132:00] The Obsession with Long-Term HODLing  [143:00] There Is No Optimum Solution, Just Make Money [159:00] VC & Public Markets [164:00] Building Networks of People [170:00] Closing Questions Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive. MasterWorks MasterWorks is the new tech platform valued at over one billion dollars that lets you invest in paintings by Warhol, Picasso and Banksy like stocks. You don’t need hundreds of millions to add art to your portfolio anymore. You just need a solid internet connection to get started. Try them out today at Masterworks.art/value
02:56:07
February 11, 2022
Amy Jo Kim: Deconstructing The Best Social Games
Hey guys! This week I'm stoked to have Amy Jo Kim on the podcast. Amy is the co-founder of Game Thinking, a company dedicated to helping the world's largest game developers accelerate product innovation and drive engagement from the ground up.  This podcast is all about deconstructing what makes the best games, well, the best. Amy spends most of the time discussing how the best games create social network effects, and how game developers can find their "super fans" earlier.  Additionally, Amy shares stories from her days helping eBay in the late 1990s, as well as assisting in the development of the world-renowned game, The Sims.  If you like what you heard, please check out more of Amy's work at GameThinking.io and follow her on Twitter @amyjokim.  Check out the time-stamp below:  [1:00] What is Amy's Favorite Board Game?  [6:00] Working w/ eBay in the late 1990s [19:00] How Do You Find Super Fans?  [31:00] The Best Games Deliver The Best Experiences  [40:00] Patterns of Early Game Success [47:00] Interesting Ideas in BeautyTech [56:00] Closing Questions Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive. MasterWorks MasterWorks is the new tech platform valued at over one billion dollars that lets you invest in paintings by Warhol, Picasso and Banksy like stocks. You don’t need hundreds of millions to add art to your portfolio anymore. You just need a solid internet connection to get started. Try them out today at Masterworks.art/value
01:05:36
February 04, 2022
James Reynolds: How To Identify Businesses w/ Ecosystems of Control
Hey guys! This week we have as a guest James Reynolds of Tenebrist Global. I’ve met James at Valuex Vail when he was the only person that pitched a company that was growing more than 5% per year! Certainly a hyper-growth stock. All kidding aside, he is a hyper-growth investor and this week we dug into his background, how he became an investor, his soup to nuts process, ecosystem control, Progyny, Inc ($PGNY), Caravan ($CVNA) and how businesses create win-win-win environments. [1:00] Who is James Reynolds? [7:00] Trying to know EVERYTHING vs JUST ENOUGH [15:00] James’ Research Process  [17:00] Talking to Management.  [22:00] Progyny, Inc. ($PGNY)  [27:30] Founder Led Companies  [33:00] TJX Companies, Inc ($TJX)  [38:00] Ecosystem Control vs Network Effects  [45:00] Carvana ($CVNA): Building the Ecosystem Control  [58:00] Just Eat: Lacking Ecosystem Control  [1:09:00] Finding Ideas  [1:17:00] More from James and Closing Questions If you like what you hear, please follow James on Twitter @TenebristGlobal and check out his website here.  Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive.
01:20:35
January 28, 2022
Stephen Diehl: The Dark Side of Web3, Crypto & NFTs
Hey guys! I have the privilege of speaking with Stephen Diehl. Diehl is a London based software engineer and an outspoken critic of cryptocurrencies, Web 3.0, NFTs, and pretty much that entire ecosystem that seems to be so rampantly bullish. This episode’s objective is to present a possible bear case to the crypto, Web 3.0, NFTs Maximalists and to the people that are on the fence and want to know more about the technology and its dark side. Check out the time stamp below:  [1:20] Researching Crypto.  [8:20] The Albanian Pyramid Scheme Crisis [13:00] The Case Against Crypto [14:00] The Technology Does Not Solve Any Problem  [26:00] The History of Private Money [38:00] What Type of Asset are Cryptos?  [45:00] Staking Crypto for Yield? [49:00] What is Web 3.0? [54:00] Play-to-Earn  [58:00] Technical Issues: Computing, Bandwidth & Storage.  [1:07:00] NFTs  [1:20:00] Why create Solutions to Problems that Does Not Exist  [1:26:00]Closing Question and more from Stephen Diehl If you're a fan of Stephen's thinking and want to learn more, check out his website (here) and Twitter (here).  Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive.
01:34:35
January 21, 2022
Sleepwell Capital: Conviction, Undiscovered Gems, and Spotify $SPOT
Hey guys! This week we got the one and only @SleepwellCap on the show today! We've got a wide ranging conversation today going from how he became a buy side generalist, lessons from the Fixed Income World, how conviction is the raw material for long term investing, differences between conviction and overconfidence, Sleepweell’s research process, will discuss serial acquires as an undiscovered gems in markets and of course why he is so bullish on Berkshire and Spotify.  You are definitely missing out if you don’t follow him yet! Check out our time-stamp below:  [0:00] Why Sleepwalk Capital?  [4:00] Lessons from the Fixed Income World  [11:00] Becoming a buy side generalist  [14:00] Music Career [16:00] Sleepwell’s Research Process [24:00] What is conviction? [31:00] Is conviction overrated? [38:00] What is in the Price?   [46:30] Undiscovered Gems: Serial Acquirers  [1:00:00] Mistakes made in 2021  [1:05:00] Achievements reached in 2021  [1:08:00] Improvements for 2022 [1:13:00] Berkshire  [1:18:00] Spotify Bull Case  [1:33:00] More from Sleepwell and Closing Questions. If you liked what you heard please give Sleepwell a follow on Twitter @SleepwellCap and subscribe to his Substack (link here).  Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive.
01:39:56
January 14, 2022
Pink Polo Shorts: Real Estate Lessons, Baseball & Twitter Shenanigans
Hey Guys! Continuing our theme of interviewing anonymous accounts, this week’s guest is @PinkPoloShorts. Our conversation focus on Real Estate investing since that is @PinkPoloShorts area of expertise.  He shared with us how he got into Real Estate after trying to become a professional baseball player, his Real Estate career, what he thinks about Airbnb renting as a business, the most common mistakes that retail investors do, underwriting 101, the future on Real Estate and his opinion on Redfin, and how he levered his knowledge on private Real Estate and apply it to public Real Estate.  So if you are interested in Real Estate investing definitely tune in and if you are not I would still listen since there is a lot of application than you can take from Real Estate and transpose them on other areas like the Public Markets. Enjoy! [0:00] Why @PinkPoloShorts? [2:45] Why Real Estate Investing?  [5:00] Professional Baseball [8:00] Real Estate Career [14:00] Private Equity Career [16:00] Bad Deals  [21:00] Airbnb Renting [23:00] Underwriting 101 [26:00] Unlevered vs Leverage Returns  [33:00] Current Cap Rates [35:00] Who is selling this to me? Are they smart? Are they divesting for a structural reason? [42:00] Private Real Estate vs Public Real Estate  [50:00] Benefits of Real Estate Twitter  [55:00] Most Retail Common Mistakes  [59:00] Interesting Deals [1:03:00] Redfin and Brokers  [1:11:00] Closing Questions and more @PinkPoloShorts Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead.  Try them out today at TIKR.com/hive. 
01:20:16
January 07, 2022
Shrubbery Capital: What 15 Years In Hedge Funds Teaches You
Hey Guys! Today we have a special guest: 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 technical analysis, and how we can seamlessly transition into new industries and take what we learned before from other places and apply them to new esoteric ideas. If you like what you heard, please follow Shrub on Twitter @agnostoxxx You can check out the time-stamp below:  [0:00] Why Shrubbery Capital? [9:00] What is Merger Arbitrage?  [14:00] Becoming a Portfolio Manager  [18:00] Blowing Up an Account.  [22:00] Differences between Hedge Funds and Family Offices.  [24:00] Structuring the Trade  [31:00] Stop Losses and Technical Analysis [59:00] ESG   [1:10:00] Recycling: Purecycle ($PCT) & Digimarc ($DMRC) [1:30:00] More from Shrubbery and Closing Questions Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead.  Try them out today at TIKR.com/hive. 
01:38:13
December 31, 2021
FinTwit's Top SPAC Ideas of 2022 & Beyond
Hey Guys! This week, we’re chatting all things SPACs from a Twitter Spaces I organized on December 23, 2021. The goal was to hear interesting ideas, learn a few things, and have a ton of fun with the community. We're all trying to find treasure amongst (mostly) trash. Hopefully, this episode becomes the “X” that marked the spot on some treasures but only time will tell! Check out the time-stamp below:  [6:00] Doma Holdings ($DOMA) [14:00] Brandon’s Watchlist [16:30]Radius Global Infrastructure, Inc (RADI)  [20:00] Brandons’s Wathchlist  [23:40] Algoma Steel Group Inc (ASTL) [34:30] CCC Intelligent Solutions Holdings (CCCS) [45:00] Whole Earth Brands (FREE) [51:30] Opendoor Technologies, Inc (OPEN)  [1:13:00] Bark (BARK)  [1:20:00] Shorting Freshpet, Inc (FRPT) Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive.
01:25:26
December 27, 2021
Dror Poleg: China, Ponzi Schemes, and The "Me" Corporation
This week we have Dror Poleg. He is the founder of Hype-Free Crypto. In this conversation we explore the impact of technology on where and how people live, work, and socialize such as Decentralized Autonomous Organizations (DAOs), Ponzi Schemes, his Chinese Real Estate investing career, how was his life in China and the possible positive and negative implications of the ME economy.[0:00] Who is Dror Poleg? If you enjoyed what you listened to, please consider following Dror on Twitter as well as subscribing to his website.  Check out the time-stamp below: [4:30] Dror’s Life in China. [20:00] Misunderstandings about China. [27:00] In Praise of Ponzis  [40:00] DAOs [1:01:00] The Rise of the Solo Corporation [1:06:00] The ME Economy  [1.20:00] More from Dror Poleg and Closing Questions Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive.
01:28:41
December 17, 2021
FundiesCapital: War Stories From Running A L/S Equity Fund
Hey guys! This week we are diving back into the Fintwit anonymous pool of talent and our guest is @FundiesCapital, he is a long-short Hedge Fund Equity Manager. We are going to discuss the unit economics of a business and how important they are when shorting or going long a stock, how to run a market neutral book, dive into Wayfair economics to understand how businesses can finance operations while potentially having shady unit economics, shorting with the right drivers and to end the conversation we touch on Tesla why he was bullish in 2011 and what are the reason that made him join the TSLAQ community. If you like what you hear, please make sure to follow Fundies on Twitter @FundiesCapital.  Here's the time stamp:  [0:00] Intro: Who is Fundies Cap? [9:00] Early Investment Career [14:00] Cree LED’s [22:00] Shorting Checklist  [32:00] The Vending Machine Test: Unit Economics [51:00] Wayfair, Inc ($W)  [1:00:00] Tesla ($TSLA)  [1:07:00] Shorting Tesla [1:10:00] Correlating Activities Indicator [1:18:00] More from FundiesCap and Closing Questions Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive.
01:27:38
December 10, 2021
Muji @ hhhypergrowth: The 5 Most Important Rules For Hypergrowth Investing
Hey guys! This week we had a a conversation with Muji @hhhypergrowth, he is the savant of all things hyper-growth investing. We discussed Muji’s 5 most important rules on hyper growth, finding the right industries and how to determine what is good industry or a bad industry and the we are going to round up the discussion with investing without moats and a small little riff about being comfortable without knowing the full details of a technology in order to invest. [0:00] Introduction: Who is Muji? [3:30] Muji’s investing journey: Netflix [10:00] Enterprise SaaS Companies vs Consumer Facing SaaS Companies [16:00] Top Line Growth [26:00] Signs of Operating Leverage [50:00] Is it Important to Understand the Technology? [60:00] How to Understand the Software Development Industry? [1:07:00] Valuations [1:20:00] Closing Questions and More from Muji If you liked what you heard, please give Muji a follow on Twitter and check out his website.  Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! TIKR TIKR is THE BEST resource for company financials, transcripts, and insider ownership data. I use TIKR every day in my research process, and I know you will too. They have the widest selection of global company data, a terrific leadership team, and a bright future ahead. Try them out today at TIKR.com/hive.
01:32:06
December 03, 2021
Matthew Sweeney: Frameworks, Patience, and Edge
Hey guys! After what felt like three years in the making, this week’s guest is Matthew Sweeney, the founder and portfolio manager of Laughing Water Capital. Long story short, Matt was actually the first fund manager that I’ve ever cold email when I was getting into the game and he was kind enough to email me back right away.  Since then we’ve been able to stay in touch and talk about investment ideas. In this conversation, we dove into Matt’s 4 part decision making framework on evaluating investment theses:  Is it a good business?  Who are we partnering with?  What happens when something goes wrong?  Why it might be cheap?  We also discussed his journey as a portfolio manager, delay gratification vs opportunity cost, what is edge, originality, and thinking on what would the drunks in the bar say? [0:30] Introduction   [4:00] Matt’s Framework for Finding Ideas [24:00] Good Co, Bad Co [29:00] Matthew’s Journey as a Portfolio Manager. [45:00] Patience: Nature vs Nurture  [53:00] Delay Gratification vs Opportunity Cost [1:01:00] Models and Valuations  [1:13:00] What is Edge?  [1:17:00] What Would the Drunks in the Bar Say? [1:19:00] The Future of Laughing Water Capital.  [1:25:00] Originality  [1:33:00] Always Looking to Improve  [1:37:00] More from Matthew Sweeney and Closing Questions Also, a big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more. TIKR
01:44:01
November 26, 2021
Nikhil Shamapant ("Squish"): 10x Ideas, Ethereum & Lessons From Internal Medicine
Hey guys! This week we have a special guest: Nikhil Shamapant. Most of you know him as "Squish" on Twitter. Nikhil is an internal medicine intern at the University of Colorado and somehow he has time to both study internal medicine and write 77 page reports on Ethereum and opine on investment and market philosophy. We discussed a lot of things: his investment journey and how his investment process has evolved, learning how to reason, Ethereum and the Crypto space, Web 3.0, investments philosophies, focusing on high convexity investment theses, and the some parallels that exist between internal medicine and investing  [0:00] Who is Nikhil Shamapant? [3:00] Idea generation: Finding 10x Ideas [14:00] What is sequence risk?   [22:00] Investing in Uranium  [30:00] Pattern Recognition: Learning How to Reason [47:00] Receiving Feedback [53:00] Edge: Know the Game You are Playing [1:00:00] Parallels between Medicine and Investing  [1:18:00] Nikhil's day to day routine: Invest in Convexity [1:37:00] Ethereum 101 [1:46:00] How to value Ethereum?  [1:58:00] How would Crypto affect the Healthcare Industry? [2:05:00] More from NIkhil and closing questions. If you like what you heard, please give Nikhil Shamapant a follow on Twitter here. Also, check out his Substack here.  Also big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more. TIKR
02:11:26
November 19, 2021
Jessica Ablamsky: Marrying Momentum & Fundamental Investing
Hey guys! I'm stoked to bring you my conversation with Jessica Ablamsky. Jessica is a freelance marketing writer, journalist, growth stock investor and Twitter personality.  Today we dove into the lessons Jessica learned from last year (2020), how to identify companies with good corporate culture, how her investing journey started, switching from a fundamental value approach vs momentum trading strategies and we wrapped up the podcast talking about Dutch Bros ($BROS) a new Starbucks type stock and the future of AD tech platforms such as Pinterest ($PINS) and Snapchat ($SNAP). Here's the time stamp:  [0:00] Who is Jessica Ablamsky? [5:30] How to Identify a Good Corporate Culture?  [13:30] Jessica’s Investment Journey  [19:30] Momentum Investing [27:00] Lessons from Last Year: The Friend is your Trade  [35:00] Lessons from Last Year: Making Money is Better than Being Right  [45:00] What stocks is Jessica Ablamsky interested?  [56:00] What is Dutch Bros Inc. ($BROS)  [1:00:00] Buy Things that People Like!  [1:11:00] AD Tech Platforms: Pinterest ($PINS) vs Snapchat ($SNAP) [1:20:00] Twitter Q&A  [1:23:00] Twitter Q&A: Alibaba ($BABA)?  [1:26:00] More from Jessica and Closing Questions If you like what you heard please give Jessica a follow on Twitter here.  Also big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more.
01:31:52
November 12, 2021
Steve Gorelik: Crash Course on Eastern European Investing
Hey guys! This week’s guest is Steve Gorelik, he is a portfolio manager at Firebird Asset Management. I first met Steve at VALUEx Vail 2019 and today he is going to give us a crash course on Investing Eastern Europe. He shares how his investing journey started, the cultural differences that he notices between the west and Eastern Europe, why you can find world class businesses in Eastern Europe, the future of the Russian Stock Market, the geopolitical differences between Russia vs China and last but not least he introduces us to 5 different companies located in different countries inside Eastern Europe such as Banca Transilvania located in Romania, Kaspi located in Kazakhstan, Georgia Capital based in Georgia, Yandex and Moscow Exchange located in Russia. [0:00] Who is Steve Gorelik? [5:00] Unknown things about investing in Eastern Europe  [14:00] Russia’s Rule of Law  [26:00] The future of the Russian Stock Market [37:00] Moscow Exchange ($MOEX) [48:00] Why you can Find High Quality Businesses in Russia? [54:00] Profitability or Growth? [57:00] Yandex ($YNDX) [1:04:00] The Tech Ecosystem in Russia  [1:09:00] Romania: Banca Transilvania [1:15:00] Kazakhstan: Kaspi [1:20:00] Georgia: Georgia Capital (LSE: CGEO)  [1:26:00] Eastern Europe: Invest in Banks:  [1:28:30] Russia vs China  [1:35:00] More from Steve Gorelik and Closing Questions If you like what you heard please follow Steve on Twitter @stevegorelik and check out his firm Firebird Asset Management Also big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from 12+ countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more.
01:45:06
November 05, 2021
How To Start A Hedge Fund: Yaron Naymark & @madThunderdome
Hey guys! Today is all about how to start a Hedge Fund and we have two amazing guests Yaron Naymark founder of 1 Main Capital and the anonymous twitter account @MadThunderdome to tell us all about it. Yaron Natymark shares his experience on bootstrapping a hedge fund while @MadThunderdome shares his experience on launching his hedge fund at an institutional level.  Here is the time-stamp of the conversation: [0:30] Introduction   [2:20] Yaron Naymark founder of 1 Main Capital: Bootstrapping a Hedge-fund  [8:50] Thunderdome Capital: Launching a Hedge Fund at Scale.  [18:20] How to differentiate your fund?   [24:20] Essential costs when bootstrapping a Hedge Fund.  [29:00] Non-Essential costs when launching Hedge Fund at Scale.  [32:00] Twitter Q&A: How to Balance Amount of Capital vs Terms of that Capital?  [43:00] Twitter Q&A: How to find ideas?   [47:38] Twitter Q&A: Differences running your own money and your fund’s money?   [1:00:00] Twitter Spaces Q&A: Biggest mistakes people make?  [1:05:00] Twitter Spaces Q&A: Fund Size is an enemy of returns?  [1:12:00] Twitter Spaces Q&A: Fee Structure and Operating Expenses per annum? Also big thanks to the following sponsors for making the podcast a reality! Quartr Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers.  For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more.  MITIMCo also occasionally and opportunistically hires new members for their investment team. To view the job description, please visit
01:29:58
October 29, 2021
Bauncey Chillups (@PrefShares): Court Vision, Financial Models & Video Game/Home Improvement Stocks
This week we've got FinTwit Anon Bauncey Chillups or @PrefShares on Twitter. Bauncey dives deep into a host of topics, including:  Court vision: Bauncey's metaphor of basketball and investing The Dangers of Complex Financial Modeling Home Improvement Stocks Transition Investors Lessons Learned From Investing in Asset Plays  Call Options Embedded in AAA Video Game Stocks I thoroughly enjoyed this podcast. Bauncey is someone I've wanted to get on the podcast for a long time and I'm glad he took the time to do it. I learned a ton and I know you will too.  You can check out our time-stamp below:  [4:00] Court Vision [20:00] Financial Modeling and buying businesses that excite you [60:00] Home Depot $HD and Lowe's $LOW [67:00] Investing in Water Rights [73:00] General Dangers of Asset Play Investing [76:00] The Mt. Rushmore of Transition Investors [89:00] Bull Case on AAA Video Game Stocks [101:00] Closing Questions Also big thanks to the following sponsors for making the podcast a reality! MIT Investment Company (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 with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stockpicking fund, or those just looking to learn about how others have done it, I highly recommend the site. You’ll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging stockpickers, and more. MITIMCo also occasionally and opportunistically hires new members for their investment team. To view the job description, please visit mitimco.org/global-investor - [that's M-I-T-I-M-C-O dot O-R-G slash global dash investor]. The MITIMCo team spends their time learning about great businesses and investments, working with exceptional investors around the world in order to support generations of MIT innovators. Tegus.co Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. Since joining, I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. Quartr App Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site,
01:32:27
October 22, 2021
Bluth Capital: Lessons From VC, The New Four Horsemen & SPAC Attacks
Hey guys! Todays guest is the anonymous account on Twitter @bluth_capital. Bluth has decided to surface from his interweb lair and join the podcast! We're going to discuss his VC journey and how it relates to big tech and SPACs. We're also going to discuss moats and the four horsemen of the new venture know-how (you'll find out what that means!). We'll then talk about the biggest risk that Bluth is acutely studying as we're 11 years into a bull market. Finally, we'll hit on NFTs, a commodities super-cycle, and some passive macro bail-outs. This is a loaded episode so I hope you strap in and enjoy! If you like what you heard, please follow Bluth on Twitter @BluthCapital [1:30] Why Join Twitter? [4:00] Bluth’s VC journey and how it relates to Big Tech. [13:00] SPAC Attack Thread: Virgin Galactic (SPCE) and 23andMe (ME) [27:00] How to Find the Strongest Moats? [40:00] The Four Horsemen of the New Venture Know-How: CVS, PM, F and GOOG [53:00] Passive Macro Bail Outs. [1:07:00] The New Antirust Paradigm [1:10:00] Commodities Super Cycle. [1:12:00] Possible New Investment: Yelp [1:17:00] More from @bluth_capital and closing questions. This episode is also brought to you by Quartr. Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Finally, we're proud to announce our newest sponsor, Tegus! Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. Since joining, I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. We're also excited to partner with MITIMCo, the investment office of MIT. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stock-pickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You’ll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging stock-pickers, and more. Check them out at mitimco.org/global-investor today!
01:22:48
October 15, 2021
Peter Mantas (Logos LP): Portfolio Construction, Biotechs & Value Re-Booted
This week we have Peter Mantas, GP at Logos LP. This podcast is all about idea generation, how modern data and technical analysis can be applied to value investing, how he manages his portfolio construction, how drawdowns can really jeopardize your mental capital, as well Peter Mantas shares with us some tips and tricks on how he analyzes biotechnology companies and the rise of intangible assets. If you like what you heard, please follow Peter on Twitter @Logos_LP Check out the time-stamp below:  [0:00] Who is Peter Mantas? [8:40] Why go into Law School? [14:30] Peter’s Investment Strategy: Cash Park, Peripherals, Core [20:00] Duration Curve and Duration Spectrum [30:00] Drawdowns are present in Great Business [39:00] Idea Generation: Biotechnology [50:00] Biotech’s Prism of Risk  [1:02:00] Biotech 101: How to Start Investing. [1:09:00] Using Technical Analysis in Value Investing [1:20:00] The Rise of Intangible Assets [1:28:00] Areas to Improve as an Investor [1:37:00] More from Peter Mantas and Closing Questions This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR This episode is also brought to you by Quartr. Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Finally, we're proud to announce our newest sponsor, Tegus! Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. Since joining, I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. We're also excited to partner with MITIMCo, the investment office of MIT. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You’ll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging stock-pickers, and more. Check them out at mitimco.org/global-investor today!
01:48:24
October 08, 2021
Tom Morgan: How To Become A Curiosity Sherpa
This week we have Tom Morgan, Director of Communication and Content at the KCP Group.  This episode we will focus on how to become a curiosity sherpa and what that really means, how we can close the gap between map and territory, how to lean into your impulse, how investors fall in love with their own thesis and why we should destroy our mental models. We also discuss Tom’s thoughts on the potential global face change, and we’ll finish the conversation on the flow of networks and systems: how to understand it all? If you enjoyed this podcast, please follow Tom on Twitter @tom_morganKCP  Also, please read Tom's work here.  Check out the time-stamp below:  [0:00] Who is Tom Morgan?  [8:10] Destroying Mental Models [14:00] How To Do Strategic Rehearsals  [26:00] Closing The Gap Between The Map & Territory  [40:00] Falling in Love With Your Own Thesis [58:00] What is The Potential Global Phase Change? [1:07:00] NFTs, DAOs, and Bubbles [1:10:30] The Flow of Networks: The Second Derivatives [1:15:00] The ESG Mandate [1:24:00] The Future Successful Investor [1:29:30] What is Tom Morgan working on? [1:35:00] Closing Questions This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR This episode is also brought to you by Quartr. Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. We're also excited to partner with MITIMCo, the investment office of MIT. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You’ll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging stock-pickers, and more.   Check them out at mitimco.org/global-investor today! Finally, we're proud to announce our newest sponsor, Tegus! Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. Since joining, I spend nearly all my time reading Tegus calls on existin
01:39:15
October 01, 2021
Adam Singer: Investing in Life Sciences, Tech Dystopia, and Online Worlds
Hey guys! This week we have a special guest Adam Singer, the VP of marketing and LEX Markets. We covered a variety of topics ranging from working for Google, investing in life sciences companies such Invitae (NVTA), what is LEX Markets plus we get to know Adam’s early life, how he became a DJ and music composer, he explains to us what are Potemkin numbers and how fishing, poker, and investing are very similar and last but not least we talked about  technology dystopia and if we are becoming an ant colony? This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR This episode is also brought to you by Quartr. Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Finally, we're proud to announce our newest sponsor, Tegus! Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. Since joining, I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. Check out our time-stamp below:  [0:00] Who is Adam Singer? [14:00] Joining Google  [19:00] Life Sciences Investing: Invitae (NVTA)  [36:00] Joining LEX Markets [44:00] Becoming a DJ and Composing Music  [50:00] Are we relying too much on Technology?  [1:05:00] Technology Dystopia: Are we becoming an ant colony?  [1:10:00] Enhancing your first life with your second life.  [1:20:00] Everything should be like Youtube and Soundcloud. [1:25:00] Fishing, Poker and Investing. [1:37:00] NFTs’ Future  [1:43:00] Potemkin NUmbera and Faking Clout. [1:49:00] More from Adam Singer and Closing Question If you like what you hear from Adam, please follow him on Twitter @AdamSinger. 
01:58:23
September 24, 2021
Shreekkanth Viswanathan: Finding Great Businesses Outside The US (SHVA.TSE & LVC.WSE)
Shreekkanth Viswanathan is the founder and portfolio manager at SVN Capital. In this episode we had an amazing conversation about Shreekkanth’s investment criteria, his M&A background, his time at Advisory Research, founding SVN Capital  idea generation, idea sourcing, and we discussed two ex-US investing: Automatic Bank Services (SHVA) located in Israel and Livechat Software (LVC) located in Poland. Check out the time-stamp below:  [1:18] The State of the Investment Union  [5:00] Evolution Gaming  [8:00] Shreekkanth Investment Criteria [16:00] Shreekkanth’s M&A Background  [21:00] Advisory Research Type of Investments [27:00] Does Valuation Matter in the Current Environment?  [32:00] Founding SVN Capital.  [42:50] Ex-Us Ideas: Automatic Bank Services (SHVA) [1:03:00] Ex-Us Ideas: Livechat Software (LVC) [1:19:00] More from Shreekkanth and Closing Questions This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR This episode is also brought to you by Quartr. Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Finally, we're proud to announce our newest sponsor, Tegus! Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. Since joining, I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself.
01:27:24
September 17, 2021
Ben Kovler: Live Q&A w/ Founder/CEO of Green Thumb Industries $GTII
Hey gang! I'm stoked to bring you my Twitter Spaces interview and Q&A with Ben Kovler, founder and CEO of Green Thumb Industries $GTII.  GTII is a cannabis MSO (multi-state operator) betting big on consumer brands in the recreational cannabis space. The company sports a $7B market cap and generates over $750M in annual revenue.  During the Spaces, I give Ben a more formal 1v1 interview about the business, long-term strategies, and how he thinks about branding. After that, we open the floor to live Q&A from those in attendance.  I can't thank Ben and the listeners enough. Listeners asked great questions and Ben was extremely generous with his time in giving us over an hour on a Labor Day Sunday.  If you like what you heard, give Ben a follow here.  Please note: I do not hold any GTII stock as of the date of this recording.  This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR This episode is also brought to you by Quartr. Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Finally, we're proud to announce our newest sponsor, Tegus! Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. Since joining, I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself.
01:18:52
September 15, 2021
Louisa Nicola: How To Supercharge Decision-Making
This week we're diving into the physiology, biology and neurological side of investing and general performance with Louisa Nicola a Neuroscientist, Neurophysiologist and founder of Neuro Athletics. We learn a little bit about Louisa’s life, how she went from being an elite olympic level athlete to being a neuroscientist, neurophysiologist, and founding Neuro Athletics. What some of the misconceptions about neurology, how our “brain endurance” help us in making sharp decisions, how we can use dopamine so we can achieve our goals, and last, but not least, the importance of sleep in our everyday life and how we can improve it. [0:00] Who is Louisa Nicola? [2:50] Recovering from a Car Accident [10:00] Misconceptions about Neurology [12:40] Andy Murray and Warren Buffet: Making Sharp Decisions. [22:00] Reward Prediction Error: Dopamine the Motivation Molecule.   [33:00] What To Do If You Are Underperforming? [37:00] Louisa’s Steel Tunnel Analogy.  [53:00] How to Improve Your Sleep?  [1:00:00] Micro-dosing and the Future of Consumer Psychedelics. [1:08:00] Closing Questions If you enjoyed the podcast please follow Louisa on Twitter here and check out her SubStack Neuro Athletics.  This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR This episode is also brought to you by Quartr. Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Finally, we're proud to announce our newest sponsor, Tegus! Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. Since joining, I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself.
01:17:33
September 10, 2021
David Polansky: Babushkas & The Quest For 20% IRRs
This week we chat with David Polanksy, co-founder and managing partner at Immersion Investments.  David is a terrific investor, independent thinker, and an all-around great guy. He's also CRIMINALLY under-followed on Twitter with less than 500 followers.  Let's change that, folks.  David and I spend two hours discussing myriad topics, including:  David's Investing Guiding Principles The Five Types of Investments David Makes eDreams Odigeo (EDR) BasicFit (BFIT) I thoroughly enjoyed this conversation and I know you will too. David drops plenty of knowledge bombs during the podcast and I know you'll be smarter for it.  This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR This episode is also brought to you by Quartr. Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android. Finally, we're proud to announce our newest sponsor, Tegus! Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best.  Since joining, I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. 
01:54:07
September 03, 2021
Adam Wilk: From Spurs To Stocks & The Power of Doing Nothing
Today we had the privilege of speaking with Adam Wilk, Founder and Portfolio Manager of Greystone Capital Management LLC. He has a very interesting background, he worked with the San Antonio Spurs on the Acquisition Department, we discussed the intricacies of basketball analytics, what does his research process looks like, from initial due diligence to deep dives, and how much he spends on research, we also talked about two of his ideas At Home (HOME) and Thunderbird Entertainment Group (TBRD) and we wrapped our conversation with tips and tricks on learning how to do nothing.  [0:00] Introduction  [4:40] How Did You End Up Working with the San Antonio Spurs? [11:00] Parallels Between Basketball Operations and Investing [18:30] Is it Possible to Do a DCF on a Basketball Player? [28:00] The Key Main Drivers For Valuing a Player [39:00] A Day in the Life of Adam Wilk [45:00] Adam’s Bread and Butter Investment [50:00] How to Manage a Watchlist [1:00:00] At Home (HOME): Why Was It an Attractive Business?  [1:09:00] HOME's Private Equity Takeover  [1:19:00] Private Deals at the Expense of Shareholder Value  [1:24:00] Thunderbird Entertainment Group (TBRD)  [1:29:00] TBRD’s Bear Thesis  [1:30:00] Learning to Do Nothing  [1:42:00] Adam’s Hobbies  [1:50:00] More from Adam Wilk If you enjoyed this podcast please follow Adam on Twitter @AKWilk
02:03:50
August 27, 2021
Dan McMurtrie: Research Process, Inverted Shorts & Post-Consciousness
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 post-consciousness, Maslow's Hierarchy of Needs, Fad Investing, and Lessons For Emerging Managers.  Dan is a fantastic investor and an even better human. I hope you listen to the show in its entirety as Dan continually drops knowledge bombs about life as an emerging manager.  If you don't already, please follow Dan on Twitter @SuperMugatu. Also, if you're interested in Dan's firm Tyro Partners, check them out here.  This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR We're also proud to introduce our newest sponsor, Quartr! Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android.
03:11:53
August 20, 2021
Steven Wood: Constructivism & The Psychology of A Great Investor
This week we had a conversation with Steven Wood founder of Greenwood Investors. We covered a variety of topics ranging from joining the board of 500-year-old Portuguese Institution, Steven’s latest book “The Builders” and how he is writing it, the white paper he is publishing on how family businesses operate plus Steven is a huge psychology geek and he gave us an insight on how our left and right brain interact and what we can do to take full advantage of both sides. Here are the time-stamps:  [0:00] Who is Steven Wood? [4:00] Misunderstood Quality. [8:20] Activism vs Constructivism. [19:30] Asking tough Questions to Managers. [26:00] The Role of a Board Member in Public Company. [36:00] The Journey from Investor to Board Member: CCT.   [55:00] Steven Wood’s Book: The Builders. [1:10:00] The Left and Right Brain in Investing. [1:20:00] Why Steven Woods loves Running.   [1:36:00] More from Steven Wood and Closing Questions If you enjoyed the conversation and want to learn more, follow Steven on Twitter here and check out his website here.  This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR We're also proud to introduce our newest sponsor, Quartr! Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android.
01:43:25
August 13, 2021
Omri Velvart: Value Investing At The Age of Acceleration
This week we had a conversation we Omri Velvart Founder & CIO @ Legacy Value Partner. We dive into his journey from being a Deep Value Investor to investing in Quality, why he invested in Salesforce (CRM) and Facebook (FB), what is Value Chain Investing, and last but not least we had a conversation about investing in Israel businesses. Please do yourself a favor and follow Omri on Twitter (here). He is criminally underfollowed and I hope we can change that! If you're interested in what he's doing at Legacy Value Partners, check out their Twitter page, here.  Here is the conversation time-stamp:  [0:00] Who is Omri Velvet? [13:30] From Deep Value Investing to Quality Investing [17:00] Advantages of Being Small [20:00] Investing in Salesforce (CRM) [32:00] Value Chain Investing: Facebook [44:00] Mistakes on Value Chain Investing: Semiconductor Industry [54:00] Investing in Tech Israel Businesses [1:05:00] Possible Red Flags on Investing in Israel [1:12:00] Exciting Businesses to Invest in [1:13:00] Talkspace, Inc (TALK)  [1:27:30] Omri Velvart’s Interests [1:32:00] More from Omri Velvart and Closing Questions This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR We're also proud to introduce our newest sponsor, Quartr! Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android.
01:37:49
August 06, 2021
China Tech Sell-off Explained: Twitter Spaces Feat. Rui Ma
This week we're releasing the recording of a Twitter Spaces I hosted on Tuesday (07/27).  Topic: China Tech Sell-Off  Co-hosts: Rui Ma (@ruima), Jessica Ablamsky (@jablamsky), BuyandHold (@BuyandHoldd), and Mayhem For Markets (@Mayhem4Markets) This was a fantastic discussion on all things Chinese investing from VIEs to venture capital flows, and even a few stock pitches. At one point we had nearly 300 people listening to the conversation.  I learned a ton about the Chinese public and private markets through this conversation, and I know you'll learn just as much! Please follow the co-hosts on Twitter, your feed will be better for it.  As always, if you like what we're doing, please subscribe and tell your friends about the podcast. It's a great (and free!) way to help grow our audience and produce even better content.  This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. They're constantly releasing new updates that make the platform better including a new Business Owner Mode that hides share count, market cap, and enterprise value. Also, they've introduced their new Global Stock Screener. Check it out now! I couldn't be more excited to partner with TIKR We're also proud to introduce our newest sponsor, Quartr! Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android.
01:41:24
July 30, 2021
SinStockPapi: Tobacco Stocks, ESG Signaling & Limbic Investing
This week we have @sinstockpapi joining the Value Hive. We dive into why invests in sin stocks, what is limbic capitalism, everything you need to know about tobacco companies such as British Tobacco, what is the Lindy Effect, the bull and bear case for Swedish Match, his thoughts on ESG investing, and a Q&A from the FinTwit Community.  Here is the time-stamp:  [0:00] Who is @sinstockpapi? [4:30] Investment Philosophy  [9:00] Understanding the Business as a Customer [13:00] Lessons Learned from the Covid 19 Crash  [16:00] Sins Stock: What is Limbic Capitalism? [22:00] Sin Stocks’ Misconceptions: Tobacco  [26:00] Making Money on Tobacco Stocks. [29:00] What It feels to have a Nicotine Withdrawal.  [33:00] What is the Lindy Effect? [39:00] Sinstockpapi’s Portfolio  [40:30] British Tobacco (BTI)  [43:00] Who is Kenneth Darth? [44:00] The Bull Case for Swedish Match (SWMA)  [49:00] The Bear Case for Swedish Match (SWMA) [52:00] ESG Investing [56:00] Twiter Q&A  [57:00] Is TPB a future 10x Compounder?  [1:02:00] Unlevered vs Levered Multiples when Analyzing Tobacco Companies [1:04:00] Favorite Juul Flavor?  [1:05:00] Why is