Podcasts about evermore global advisors

David E. Marcus is Co-Founder, Chief Executive Officer and Chief Investment Officer of Evermore Global Advisors, LLC. He co-founded the firm in 2009. David is portfolio manager of the Evermore Global Value Fund and our separate account portfolios. Beginning his career in 1988 at Mutual Series Fund, where he was mentored by renowned value investor Michael Price, David rose to manage the Mutual European Fund and co-manage the Mutual Shares and Mutual Discovery Funds, representing over $14 billion in assets. He also served as director of European investments for Franklin Mutual Advisers, LLC. In 2000, David founded Marcstone Capital Management, LP, a long-short Europe-focused equity manager, largely funded by Swedish financier Jan Stenbeck. After Mr. Stenbeck passed away in 2002, Mr. Marcus closed Marcstone, co-founded a family office for the Stenbeck family, and advised on the restructuring of a number of the public and private companies the family controlled. David later founded and served as Managing Partner of MarCap Investors LP, which was seeded by Reservoir Capital. David graduated from Northeastern University in 1988 with a B.S. in Business Administration and a concentration in Finance. Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here: https://www.gurufocus.com/membership/new/index.html#/?utm_campaign=podcast Watch the full live stream: https://youtu.be/CinWAg6Ehbc

Bloomberg News U.S. Healthcare Reporter Riley Griffin and Dr. Mario Ramirez, Managing Director at Opportunity Labs, discuss U.S. health officials probing a rare blood-clot complication tied to Johnson & Johnson’s Covid-19 vaccine. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Finance Reporter Noah Buhayar talk about how one section of Seattle is bouncing back from the pandemic. Bloomberg News Reporter Akayla Gardner explains how Black Americans are embracing stocks and Bitcoin as a way to build wealth. And we Drive to the Close with David Marcus, CEO at Evermore Global Advisors. Hosts: Carol Massar. Producer: Paul Brennan.

Bloomberg News U.S. Healthcare Reporter Riley Griffin and Dr. Mario Ramirez, Managing Director at Opportunity Labs, discuss U.S. health officials probing a rare blood-clot complication tied to Johnson & Johnson's Covid-19 vaccine. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Finance Reporter Noah Buhayar talk about how one section of Seattle is bouncing back from the pandemic. Bloomberg News Reporter Akayla Gardner explains how Black Americans are embracing stocks and Bitcoin as a way to build wealth. And we Drive to the Close with David Marcus, CEO at Evermore Global Advisors. Hosts: Carol Massar. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Over the last few years, the opportunities for global value investing have improved significantly. Yields are incredibly low across the board, putting pressure on improving operational performance to generate returns. In such an environment, Europe is fertile ground for the value investor. With room for operational improvement in many sectors and a robust institutional environment, it’s an ideal market to deploy your activist dollar. When I decided to bring this topic to the show, I couldn’t think of anyone better than David Marcus to have a thorough conversation. David Marcus is Co-Founder, Chief Executive Officer, and Chief Investment Officer of Evermore Global Advisors, LLC, which he co-founded in 2009, and is also portfolio manager of the Evermore Global Value Fund. Beginning his career in 1988 at Mutual Series Fund, David was mentored by renowned value investor Michael Price and rose to manage the Mutual European Fund and co-manage the Mutual Shares and Mutual Discovery Funds, representing over $14 billion in assets. In 2000, he founded Marcstone Capital Management, LP, a long-short Europe-focused equity manager, largely funded by Swedish financier Jan Stenbeck. After Mr. Stenbeck passed away in 2002, David closed Marcstone, co-founded a family office for the Stenbeck family, and advised on the restructuring of several public and private companies the family controlled. David graduated from Northeastern University in 1988 with a B.S. in Business Administration and a concentration in Finance. On this episode, David and I discuss his structured approach to learning that he’s been committed to since starting his career, his comprehensive approach to investment analysis, why he believes there are huge opportunities in the European markets, how many people are taking the wrong approach when assessing investments in Europe, and so much more!   Key Topics: How David always knew investing would be in his future (3:51) David’s internship experience during the 1987 stock market crash (5:18) Getting a shot at a trading desk within a month of working with Michael F. Price (7:37) How David’s learned what makes a good analyst (9:24) Pivoting into European investing (11:11) Learning from the Swedish financial crisis of the early 90s (13:14) Looking beyond the CEO to the main shareholder (15:41) Leveraging your existing knowledge in new areas (16:45) When David became the head of Europe across portfolios at Franklin Mutual (19:46) David’s decision to start Marcstone Capital Management (23:36) Transitioning from stock picker to operator (26:32) Taking a private equity approach to public companies (29:43) The birth of Evermore Global Advisors (30:20) The advantage of being a generalist and a specialist (33:27) Why you must build your network (34:42) Deepening your operational understanding by engaging management (36:11) Mischaracterization of the European market (39:25) Game-changing opportunities in the European Union (EU) (41:19) What key areas David looks at in investments (42:53) The fundamental lack of knowledge about European institutions (45:37) Long-term thinking and European evolution (49:36) Understanding the local rules (51:58) Why you need to figure out peoples’ motivations (52:27) The opportunity behind deconglomeration in Europe (55:20) Good managers as an important competitive advantage (57:17) Taking advantage of room for operational improvement (59:10) Assessing the right time for the right people (1:01:04) The confluence of value and growth in Europe (1:02:22) Misconceptions about value and growth (1:05:33) Finding growth opportunities at value prices (1:06:39) Screening with numbers instead of words (1:07:55) The benefits of quarterly offsites (1:09:24) Getting clear on the reason behind investor activism (1:11:41) David’s approach to risk management (1:14:14) Why David’s view on leverage has changed (1:16:29) Checking and testing your thesis continuously (1:17:55) And much more!  Mentioned in this Episode: Evermore Global Advisors Value Investing with Legends Podcast | Leveraging Fundamentals to Remain Relevant with David Samra David Marcus’ Whitepaper | Europe: Lonely and Lumpy, Yet Extremely Compelling European Union Website Thanks for Listening! Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at valueinvesting@gsb.columbia.edu. Follow the Heilbrunn Center on social media on Instagram, LinkedIn, and more!

In episode 285, we welcome our guest David Marcus, the co-founder and Chief Investment Officer of Evermore Global Advisors, where he manages the Evermore Global Value Fund. In today’s episode, we’re talking about David’s best idea: special situations in Europe. David’s been investing in Europe for almost his entire career and thinks now is the best opportunity for special situations he has ever seen. First, he explains what it was like for him to watch legendary investor Michael Price navigate the 1987 crash. Then David explains what led him to start Evermore Global and the firm’s investment philosophy. He touches on the different types of special situations he focuses on, including spinoffs, restructurings, and breakups, and why activism, catalysts, and cheaper valuations make Europe especially attractive. As the conversation winds down, David talks about some of his current holdings and the benefits of investing in family-owned businesses. Please enjoy this special “Best Ideas” episode with Evermore Global Advisor’s David Marcus.

Hello Podcast listeners, Today is a very special episode with David Marcus, Co-founder, CEO, CIO of Evermore Global Advisors. David began his career at Mutual Series Fund where he worked under Michael Price. He then served as a director of European investments for Franklin Mutual Advisers. After this, he founded Marcstone Capital Management, a long-short Europe-focused fund, funded by Jan Stenbeck. David earned his BS in Finance from Northeastern University. In today’s episode we discuss how he thinks through the crisis and where he finds opportunities today. Enjoy and thanks for the listen!

Hello Podcast listeners, Today is a very special episode with David Marcus, Co-founder, CEO, CIO of Evermore Global Advisors. David began his career at Mutual Series Fund where he worked under Michael Price. He then served as a director of European investments for Franklin Mutual Advisers. After this, he founded Marcstone Capital Management, a long-short Europe-focused fund, funded by Jan Stenbeck. David earned his BS in Finance from Northeastern University. In today’s episode we discuss how he thinks through the crisis and where he finds opportunities today. Enjoy and thanks for the listen!

Evermore Global Advisors is an opportunistic, global, special-situation investor. It employs a fundamental, bottom-up approach to investing. It focuses on complex, misunderstood and under-researched companies around the world that can be purchased for substantially less than their intrinsic values, and where catalysts exist to create value.

David Marcus, CIO at Evermore Global Advisors, discusses investment opportunities in Europe. Bloomberg News Finance Reporter Michelle Davis shares her insight on JPMorgan’s Investor Day. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Retail Reporter Matt Boyle walk through Walmart taking on CVS and Amazon with low-price clinics. And we Drive to the Close with Tom Plumb, CIO and Portfolio Manager at Plumb Funds. Hosts: Carol Massar and Jason Kelly. Producer: Doni Holloway. 

David Marcus, CIO at Evermore Global Advisors, discusses investment opportunities in Europe. Bloomberg News Finance Reporter Michelle Davis shares her insight on JPMorgan's Investor Day. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Retail Reporter Matt Boyle walk through Walmart taking on CVS and Amazon with low-price clinics. And we Drive to the Close with Tom Plumb, CIO and Portfolio Manager at Plumb Funds. Hosts: Carol Massar and Jason Kelly. Producer: Doni Holloway.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

In this episode, we share excerpts from a panel on International Value Investing that Southeastern co-hosted with Evermore Global Advisors in Omaha around the Berkshire Hathaway annual meeting. Moderated by Greg Dowling from Fund Evaluation Group, Southeastern's Josh Shores and Evermore's David Marcus discuss their definition of “value”, the importance of engaging with management and having a local network and the bottom-up opportunity set outside the U.S. today.

Good morning listeners, Today is a very special episode with David Marcus, co-founder, CEO, and CIO of Evermore Global Advisors. He began his career with Michael Price at Mutual Series Fund. Afterwards, he founded Marcstone Capital Management, LP, a long short Europe fund which was largely funded by Jan Stenbeck, a Swedish Financier. David cofounded Evermore Global Advisors back in 2009. He is a graduate of Northeastern University with a B.S. in Business Administration and a concentration in finance. In this episode we discuss his philosophy and approach and the lessons he learned from Michael Price. Enjoy and thanks for the listen! Part I https://soundcloud.com/valuewalk/david-marcus-ceo-and-cio-of-evermore-global-advisors-part-1

Good morning listeners, Today is a very special episode with David Marcus, co-founder, CEO, and CIO of Evermore Global Advisors. He began his career with Michael Price at Mutual Series Fund. Afterwards, he founded Marcstone Capital Management, LP, a long short Europe fund which was largely funded by Jan Stenbeck, a Swedish Financier. David cofounded Evermore Global Advisors back in 2009. He is a graduate of Northeastern University with a B.S. in Business Administration and a concentration in finance. In this episode we discuss his philosophy and approach and the lessons he learned from Michael Price. Enjoy and thanks for the listen!

David Marcus of  Evermore Global Advisors said investors need to be pruning and enhancing their portfolio during times like these -- when markets are shifting and corporate fortunes are changing quickly -- to maintain a portfolio of investments they love, rather than settling just for things they like. Owning investments you love lets you stick with them through tough times in the market. Also on the show, Terry Jones of Investor's Business Daily discusses investors' flagging level of optimism, we rebroadcast a recent Collective Wisdom segment focused on market volatility and Chuck discusses what investors should remember about the reign of bond king Bill Gross, who just announced his impending retirement

David Marcus, CEO at Evermore Global Advisors, talks about why in a time of market volatility he sells what he likes, to buy what he loves. Weijian Shan, CEO at PAG, talks about his book "Out of the Gobi: My Story of China and America” and shares his thoughts on U.S. and China trade relations. Former U.S. Deputy Secretary of Labor Chris Lu discusses the State Department telling employees they’re going back to work with pay despite the partial government. Peter Coy, Bloomberg Businessweek Economics Editor, talks about his story from Businessweek Magazine on Alexandria Ocasio-Cortez opening up discussions on tax rates in the House of Representatives. And We Drive to the Close of Markets with Jim Dunn, CEO at Verger Capital and Bloomberg News Endowments Reporter Janet Lorin.   Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan 

David Marcus, CEO at Evermore Global Advisors, talks about why in a time of market volatility he sells what he likes, to buy what he loves. Weijian Shan, CEO at PAG, talks about his book "Out of the Gobi: My Story of China and America” and shares his thoughts on U.S. and China trade relations. Former U.S. Deputy Secretary of Labor Chris Lu discusses the State Department telling employees they're going back to work with pay despite the partial government. Peter Coy, Bloomberg Businessweek Economics Editor, talks about his story from Businessweek Magazine on Alexandria Ocasio-Cortez opening up discussions on tax rates in the House of Representatives. And We Drive to the Close of Markets with Jim Dunn, CEO at Verger Capital and Bloomberg News Endowments Reporter Janet Lorin.   Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com