Value Investing Podcast

This episode covers the following four stages of making BIG money in the stock market. Level 1 (Easy - medium): Research on the companies Level 2 (Easy): Buy the companies that you like Level 3 (Difficult): Accumulate enough shares to make a meaningful impact Level 4 (Very difficult): Stay invested in the long term

This episode covers the important of right spending habits and their impacts on your wealth over time.

Lessons from Gamestop Frenzy

Post Covid Winners & Losers

This episode covers two strong secular trends; 1) rise in ecommerce and 2) rise in the internet usage.

Most books cover how to make money, but not cover what to do with money at different stages of becoming rich.  In this episode, I talk about my views at different stages.

The Bank Investor’s Handbook: https://amzn.to/2JnWsm3

Why don't we put growth into value investing framework instead of considering the two separately?

This episode covers The Cheesecake Factory (CAKE). You can find the details of the investment ideas here (https://shareinvestmentideas.com/2020/08/01/cake-the-cheesecake-factory-could-be-a-good-buy-now/)

In this episode, I talk about CARS.com which is the company that I own in my portfolio and which I believe is undervalued at the current price $5.91 as of this recording on July 18. You can find the details of the investment ideas here (https://shareinvestmentideas.com/2020/07/18/cars-low-risk-and-potentially-big-return-at-current-price-5-91/).

In this episode, I revisit the stocks (EBAY, SWBI, M, KHC) that I talked about one and half years ago.  The main focus is to discuss the main business developments and also one and half year performance relative to S&P500. I also wrote investment articles last year regarding the four stocks here ( https://shareinvestmentideas.com/) SWBI deck for its spinoff rationale (https://ir.smith-wesson.com/static-files/e64b6622-49e5-4413-8e16-4bd465cb4b8d)

Warren Buffett's Early Investment Partnership (Replay of EP1 and EP2)

In this episode, I cover my portfolio in terms of my investment strategy change and individual stocks (M, EBAY, AOBC, SWBI,CAKE, CARS, CPRI) that I have bought and sold during the Covid-19 pandemic.

Berkshire Hathaway Annual Shareholders Meeting 2020: Youtube Link Donate: https://valueinvestpodcast.com/en/donate/

I talk about four companies (Macy's, Cars.com, The Cheesecake Factory, Capri Holdings) in this episode and assess their survival probability by looking at their liquidity conditions. Stock tickers (M, CARS, CAKE, CPRI) Donate: https://valueinvestpodcast.com/en/donate/

Dow Jones Historical Chart: https://www.macrotrends.net/1319/dow-jones-100-year-historical-chart Spanish Flu: https://www.cdc.gov/flu/pandemic-resources/1918-pandemic-h1n1.html Donate: https://valueinvestpodcast.com/en/donate/

Howard Marks' memo about coronavirus: https://www.oaktreecapital.com/docs/default-source/memos/weekly.pdf?sfvrsn=8 Donate: https://valueinvestpodcast.com/en/donate/

Donate: https://valueinvestpodcast.com/en/donate/

This episode covers my views on Coronavirus and the recent market drop. Donate: https://valueinvestpodcast.com/en/donate/

This episode covers six things that prevent your investing success. Donate: https://valueinvestpodcast.com/en/donate/  

Replay of EP46 - Risk Arbitrage Checklist

Knowing What You Don't know in Howard Marks’ book – The Most Important Thing (Link to buy from Amazon: https://amzn.to/2ZYx6rO).

Patient Opportunism in Howard Marks’ book – The Most Important Thing (Link to buy from Amazon: https://amzn.to/2ZYx6rO).

Advice from Legendary Value Investors

Chapter 12: Finding bargains in Howard Marks’ book – The Most Important Thing (Link to buy from Amazon: https://amzn.to/2ZYx6rO).

Chapter 11: Contrarianism in Howard Marks’ book – The Most Important Thing (Link to buy from Amazon: https://amzn.to/2ZYx6rO).

Chapter 10: Combating Negative Influences in Howard Marks' book - The Most Important Thing (Link to buy from Amazon: https://amzn.to/2ZYx6rO).

Chapter 8: Everything is a cycle in Howard Marks' book - The Most Important Thing (Link to buy from Amazon: https://amzn.to/2ZYx6rO).

Chapter 6 & 7: Recognizing and Controlling Risk in Howard Marks' book - The Most Important Thing (Link to buy from Amazon: https://amzn.to/2ZYx6rO).

Chapter 5: Understanding Risk in Howard Marks' book - The Most Important Thing (Link to buy from Amazon: https://amzn.to/2ZYx6rO).

I talk about a book called The Most Important Thing By Howard Marks (https://amzn.to/2ZYx6rO).

I discuss how hedge fund managers are using alternative data for their investing decisions.

16 Investing rules by a legendary value investor John Templeton https://www.franklintempleton.com/forms-literature/download/TL-R16

Warren Buffett defined the earnings called “Owner Earnings” that is more relevant to the valuation of a company than the reported earnings on the income statement.  The owner earnings can be calculated by adjusting the reported accounting earnings in the following ways: Owner Earnings = (a) Reported earnings + (b) depreciation, depletion, amortization and certain other non-cash charges – (c) the average annual amount of capitalized expenditures for plant and equipment = cash flow from operating activities – capital expenditures Reference Documents: 1986 Berkshire Hathaway Shareholder Letter Donate: https://valueinvestpodcast.com/en/donate/

16 Investing rules by a legendary value investor John Templeton https://www.franklintempleton.com/forms-literature/download/TL-R16  

This episode covers the advantages and disadvantages that retail investors have over institutional investors such as hedge fund and private equity fund managers.

This episode is a reply of EP7 which was originally aired on April 28, 2018. In this episode, I discuss the following two topics. 1) Basics of insurance business in terms of how insurance companies make money and why Buffett likes them 2) Warren Buffett’s investment on an insurance company called GEIGO Two key terms for the valuation of insurance companies “Float”, or available reserve, is policyholder money held, but not owned, by insurers, which comes about because there exist time intervals between received premiums and incurred losses to be paid out, usually more than a year. Float = Policy holder money held (Liability side) – Policy holder money not held yet (Asset Side) = [loss and loss adjustment reserves + unearned premium + fund held under reinsurance assumed + other policy holder liabilities] – [premium receivables + loss recoverable + deferred policy acquisition costs + deferred charges on reinsurance + prepaid taxes] Combined ratio = (Incurred Losses + Expenses) / Earned Premium Podcast website: https://valueinvestpodcast.com/

I talk about Amazon CEO Jeff Bezos' Management Philosophy illustrated in 2016 letter to Amazon's shareholders (https://www.sec.gov/Archives/edgar/data/1018724/000119312517120198/d373368dex991.htm) Podcast website (https://valueinvestpodcast.com)  

I discuss four behavioral biases that stem from the following emotional errors. Loss aversion Overconfidence Self-control bias Endowment bias Regret aversion Status quo bias https://shareinvestmentideas.com/ https://valueinvestpodcast.com/

I discuss four behavioral biases that stem from cognitive errors. Website: https://valueinvestpodcast.com

I discuss five behavioral biases that stem from cognitive errors. https://valueinvestpodcast.com

This episode covers the topics related to common investing mistakes. Podcast homepage: https://valueinvestpodcast.com/My investment Idea website: https://shareinvestmentideas.com/

I talk about 7 reasons as to why Korean stock market is undervalued right now, and why it is important for the US investors to expand their circle of confidence in other foreign markets.

I discuss two stocks, Macy's (M) and Kraft Heinz (KHC) that I own in this episode. Nothing in this episode is a solicitation of buying any stocks. Please consult with your investment professional for any investment decisions. You can find my articles with respect to Ebay and AOBC about the stocks on https://shareinvestmentideas.com

This episode covers 2018 Berkshire Hathaway shareholder letter by Warren Buffett. http://www.berkshirehathaway.com/letters/2018ltr.pdf New mark-to-market GAAP rule Book value no longer useful as a proxy to the intrinsic value of BerkshireGuide to Berkshire's intrinsic value calculationFour funding sourcesThe American tailwind Check out my investment ideas athttps://shareinvestmentideas.com/

I discuss two stocks (Ebay and AOBC) that I own in this episode. Nothing in this episode is a solicitation of buy of any stocks. Please consult with your investment professional for any investment decisions. You can find my articles with respect to Ebay and AOBC about the stocks on https://shareinvestmentideas.com

I am making this short recording to make an announcement that going forward, I plan to post one episode in two weeks instead of one episode a week. Also, check out my investment ideas: https://shareinvestmentideas.com

This episodes covers the key items that you need to check prior to investing in risk arbitrage situations. Check out my investment ideas on https://shareinvestmentideas.com

This episode covers the traits of a good management team and how an investor can identify them. Check out this free website where you can share your investment ideas with other investors (https://shareinvestmentideas.com/)

This episode covers a concept called margin of safety and why it is not easy for an average investor to implement it in their investment decisions. Podcast website: https://valueinvestpodcast.com/ Donate: https://valueinvestpodcast.com/donate/