Podcasts about intelligent investing podcast

In today's episode, I sit down with my buddy Robbie Kramer to discuss the ultimate value investment, relationships. Last week, I had the pleasure discussing investing on his show. You can listen to the episode, here. If you prefer to watch it on YouTube, you can watch the episode, here. The most important relationship you'll ever invest in is probably who you end up marrying. Choosing quality romantic partners is Robbie Kramer's specialty. It was an absolute joy to sit down with him and chat all things relationships, romance, and dating.   Watch this episode on YouTube   Transcript For a transcript of today's episode, click here.  Show Notes [00:01:18] Marrying the right person [00:02:35] People who are successful in their careers yet stunted in their relationships [00:10:05] Common Mistakes Men Make [00:13:07] Instagram and Online Dating [00:14:53] Three Prompts for Dating Profiles [00:19:56] Socially Awkward Men [00:22:29] “...Some of these guys are worth a hundred million dollars, running big funds, very wealthy. Social, but either they're still single or they have a wife who they're pretty much like in an emotionally abusive relationship, like they're just not happy. If they're very honest with themselves, they're not happy with their romantic life, and that stuns me how you could be actually fairly socially incompetent.” [00:23:35] Unhappy Relationships [00:24:51] Social Freedom Exercises [00:27:41] The Wealthy Executive Who Hides Behind Masks [00:33:14] Optimizing your life Links From The Episode Profile Prompts Photo Feeler Get In Touch With Robbie Kramer Instagram Inner Confidence The Leverage Podcast   My Other Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

Show Notes: Eric Schleien is the Owner and Portfolio Manager at Granite State Capital Management, LLC which is a boutique value investing firm located in Texas. Eric is also the host of The Intelligent Investing Podcast and The Eric Schleien Podcast. He also does consulting which you can learn more about here. 2:50 – How did you get in to this line [...]

Show Notes: Eric Schleien is the Owner and Portfolio Manager at Granite State Capital Management, LLC which is a boutique value investing firm located in Texas. Eric is also the host of The Intelligent Investing Podcast and The Eric Schleien Podcast. He also does consulting which you can learn more about here. 2:50 – How did you get in to this line […] The post 214: The Rational Investment Approach To Become A Billionaire appeared first on Inner Confidence.

Summary In this episode, I break down the current paradigm for shareholder activism, speak to the new model that I invented which is vastly superior both in results and reliability. We discuss the myth of "if it can't be measured, it doesn't exist", the myth around "soft skills", and how people often ask the wrong questions or measure the wrong stuff due to perverted influences by HR departments. If you're interested in more discussion of the new model for shareholder activism I developed, see the following links below: A New Model For Shareholder Activism (Podcast) The Proxy Activism Project A New Model For Shareholder Activism (Blog) A New Model For Shareholder Activism (YouTube) A New Model For Shareholder Activism (Eric Schleien / John King) Netflix, Sears, and Tribal Leadership (Eric Schleien / John King) How To Keep Large Companies Innovative (Eric Schleien / Scott Forgey) Eric Schleien discussing Tribal Leadership Eric Schleien discussing Activist Investing CBRE Case Study – Tribal Leadership Comparing Transformational & Transactional Leadership (Eric Schleien) Cultural Issues In The Hospital Industry (Eric Schleien) New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com  

NEW PODCAST Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. Summary I received this email last year about Trupanion and wanted to address some points made. The entire email is here: Hi Eric,   I come in peace as a Chester County native who still very much prefers Wawa over Sheetz, despite living in Pittsburgh. You seemed very open to hearing counterpoints, as per your podcast on TRUP, so I wanted to give you some things to chew on.    You made two points (I'll summarize): 1) It is justifiable to exclude development expenses from IRR and 2) there are "no accounting shenanigans" going on.    I would love, then, to hear your thoughts on the following:   Let's first level set with the IRR methodology: the company allocates fixed expenses between Subscription and Other based on their relative revenue contributions. This includes a pro-rata allocation of G&A expenses.    So let's get into G&A expenses -- what's in there? Typical back office stuff, finance, accounting, etc. But also a couple million bucks of rental income related to subleasing of the company HQ. Per their 2019 10-K: "The change was primarily due to a $3.1 million increase in compensation expenses, a $0.8 million increase in professional service fees, and a $1.5 million increase in depreciation expense mainly due to owning our home office building since August 2018, partially offset by a total of $2.6 million in savings from additional lease income and less rental expense."   The rental income has the effect of reducing reported G&A (i.e. it's netted against expenses). So my first question for you is as follows: if you firmly believe development expenses that aren't related to acquiring new pets are justifiably excluded from IRR calculations, how are you comfortable with several million dollars of sublease income that's clearly not related to acquiring subscription pets benefitting IRR?   Next up is their pet-food VIE. Also from the 10-K: The Company has also entered into a series of agreements to provide ancillary services to the variable interest entity at cost. The Company provided $1.2 million and $1.4 million of these services for the years ended December 31, 2020 and 2019, respectively, which were recorded against its operating expenses.   So TRUP provides back office support to the VIE and reduces its reported opex to account for the compensation for providing the services.    So the next question is the same as the first: Would you bucket this in line with "development expenses" as being rightly excluded from IRR, or are you OK with the company getting the tailwind from the expense reduction?   Now here's where the situation becomes a bit more nefarious. The VIE has received a total of $9.5 million of funding from TRUP, including $7.0MM of preferred capital and $2.5MM from a line of credit. Think for a minute about what's going on here: the company pushed $9.5MM of cash down to another legal entity, and now reduces its reported OpEx for services provided to the VIE, with the payments being made with money TRUP used to finance the VIE. Money coming out of one pocket and right into the other.    Third question: Do you think this is an accounting shenanigan?   Lastly, management knows PAC is getting out of hand and pulled a fast one in the first quarter to make it look like they've got things under control. Aren't you the slightest bit curious how they're going to hold PAC at $280 for the balance of this year in an increasingly competitive environment?   Management casually slipped in the following comment during the earnings call: "We expect stock-based compensation to be around $6-$7 million per quarter for the remainder of the year." Coupled with the $8.4 million of SBC already booked in 1Q'21, TRUP is on track to recognize $28 million of SBC expense in 2021. Putting this figure into perspective, it is 3x higher than last year's $8.9 million of total recognized SBC expense. Last year SBC expense was 1.8% of revenue; this year it will be 4.1%.   What does SBC have to do with PAC and IRR?    Well, for the purposes of calculating PAC (a key input into the IRR calculation), management excludes SBC because it's non-cash. By upping the portion paid in the form of equity, management is artificially reducing the level of PAC incorporated in their IRR calculation. in 1Q'21, fully-loaded PAC (including SBC) was $328/pet, representing 22.4% y/y growth. SBC embedded in Sales and Marketing was $40/pet -- leaps and bounds above historical levels ($20/pet). See the charts at the bottom of the email. Had SBC been more in-line with historical levels ($20/pet), PAC (for the purposes of the company's IRR calculation) would have been ~$310...much closer to the full year figure I was expecting.   This is all a long winded way of saying, if you were to run the company's IRR calc with PAC of $315 or above, there is absolutely no way they would be within the boundaries of their self-imposed 30-40% target range. The only reason they'll print numbers within range this year is a result of their increased use of SBC in compensating their employees.     The table below illustrates Restricted Stock grants (not expense, but grants) since 1Q'19. The grants in the most recent quarter -- $66 million! -- jump off of the page and explain why SBC will be elevated in the quarters to come. But don't just take my word for it. From what I can tell, we both respect Buffett a lot, and here's what he's got to say on the topic: "I have no objection to the granting of options. Companies should use whatever form of compensation best motivates employees -- whether this be cash bonuses, trips to Hawaii, restricted stock grants or stock options. But aside from options, every other item of value given to employees is recorded as an expense."     When it comes to SBC, RSUs are a functional cash equivalent, so there is no legitimate justification to exclude the related expense from any measure of profitability -- GAAP or otherwise.         Perhaps using RSUs makes sense for the time being given the extreme overvaluation of TRUP. Management can handsomely compensate employees and gloss over the dilutive impact on the company's financials. But what happens when shares are back at $30, but territory partners are expecting their compensation to remain flat in nominal terms? Shareholders will either be 1) massively diluted or 2) the company would have to lean more heavily on cash compensation. The latter of the two options is a functional non-starter at the current juncture given the company's persistently negative free cash flow (another topic the bulls don't understand, but I'll let sleeping dogs lie on this one).   Last question: Do you believe SBC is a true expense? If it is, should the company be including it in its IRR calculation?     Management updated guidance, and frankly, I think the financial outlook is worse than I was expecting. "Adjusted Operating Income" -- which is ex. SBC, D&A, and Pet Acquisition -- is forecast at $75MM. PAC -- ex. SBC -- is forecast at $66MM. That leaves us to $9MM. "Development expense" will be $4MM (at the mid), SBC is $28MM, D&A will be $12MM, resulting in a pre-tax net loss of $35MM. This is larger than the company's cumulative net loss for the past six years combined!      I know this is a battleground stock and don't expect everyone to come around. But I also think: 1) there's only one set of correct answers to the questions I've laid out above, 2) none of the afforementioned points are "dumb", and 3) management is using sleight of hand to paint a picture of the company that is out of step with reality.  As someone who puts a lot of value in associating with the right people, I certainly don't appreciate the games / shenanigans that Daryl and team are pulling.      $MM Adjusted Operating Income 75 - PAC (66) - Development expense (4) - SBC (28) - D&A (12) Pre-tax Income (35)   HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com Disclosure: Eric Schleien and some SMA clients of Eric Schleien through GSCM own shares of TRUP. Nothing here is investment advice. Do your own due diligence.  

NEW PODCAST Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. NET NET HUNTER This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary Evan Bleker is a professional investor who has built his track record by buying high quality net net stocks. When not researching stocks, he focuses his time on helping small investors learn the strategy so they can earn great returns. Evan manages two investing websites: Net Net Hunter and Broken Leg Investing. Net Net Hunter Complete guide to net net stocks Broken Leg Investing Deep Value Guide Evan discussed Warren Buffett's net net investing practice during his partnership. Further resources available here: You can follow Evan's portfolio performance here: You can sign up for his free newsletter on the Net Net Hunter home page.   Show Notes 1:06 - What is Westell (WSTL)? 2:24 - Estimating liquidation value 3:07 - A simplified approach to finding high quality net-net stocks 3:55 - The 5G rollout 5:10 - Potential catalyst 5:26 - Dark Companies; The new SEC rule 8:57 - Westell quarterly update HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com Disclosure: Eric Schleien and some SMA clients of Eric Schleien through GSCM own shares of WSTL. Nothing here is investment advice. Do your own due diligence.    

Vitaliy recently had the pleasure of speaking with Eric Schleien on his Intelligent Investing Podcast. What follows is that conversation, which primarily focuses on Uber's business model. Enjoy! You can listen to the original interview here: https://ericschleien.com/podcast/discussing-ubers-business-model-vitaliy-katsenelson/  

NEW PODCAST Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. NET NET HUNTER This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary Today's interview guest is Trey Henninger where discuss a recent update on Solitron Devices (SODI) Trey Henninger runs the blog and podcast, DIY Investing. Trey is a private value investor focused on microcap and dark stocks in the United States. His focus is on high-quality companies with predictable durable earnings where management has skin-in-the-game. Trey runs a concentrated portfolio. By focusing on small companies, Trey hopes to find overlooked compounders at value prices. His favorite opportunities have a market cap below $50 million.   RESOURCES My Book on Amazon Alex Bossert's VIC writeup on Solitron Trey Henninger's Stock Thesis on Solitron Connect With Trey Henninger Twitter Blog Spotify Apple Podcasts YouTube HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com Disclosure: Eric Schleien and some SMA clients of Eric Schleien through GSCM own shares of SODI. Nothing here is investment advice. Do your own due diligence.  

Summary In this episode, I sit down with Vitaliy Katsenelson of IMA to discuss Uber's business model. We ended up chatting for about an hour and went pretty deep into the weeds around ride-sharing, Uber, and also what the future holds for the industry both in the United States and globally. Show Links Investor.fm Contrarian Edge The Six Commandments Was Our Money Manager Kidnapped? More About Vitaliy Katsenelson Vitaliy N. Katsenelson, CFA, is CEO at Investment Management Associates in Denver, Colo.  He is the author of Active Value Investing (Wiley, 2007) and the The Little Book of Sideways Markets (Wiley, December 2010). He runs the blog ContrarianEdge.com.  He writes monthly for Institutional Investor. More About Eric Schleien To learn more about me, Eric Schleien, check out my personal website and business website. You can also reach out to me on Twitter, Instagram, and LinkedIn. If you'd like to read my book, you can find it on Amazon. Reviews are appreciated. New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Schleien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. To learn more about Eric's work, check out his ontological coaching firm, Transformational Leadership Associates. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube Contact Eric Schleien Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com  

This episode is a recording of a live episode from the Finance Podcast Week live program.   Finance Podcast Week is back for the LIVE October Roundtable on Finance Myths and Horror Stories! In this episode is hosted by Eric Schleien of The Intelligent Investing Podcast and The Eric Schleien Podcast, joined by Andy Wang, Managing Partner at Runnymede Capital Management, Co-founder of the Asian American Podcast Association, and host of the Inspired Money Podcast, Andrew Sather of the Investing for Beginners podcast and Evan Bleker of Net Net Hunter and Broken Leg Investing as they discuss Finance Horror stories they've seen and even been part of!  ... Finance Podcast Week is brought to you by Podbean! Podbean is a podcast publishing and monetization service, hosting over 500,000 podcasts. If you're looking to start your own podcast, monetize your podcast and livestream directly to your listeners, you can set up an account at podbean.com

It's Eric Schleien with episode #167 of The Intelligent Investing Podcast. Today I discuss one of my current positions LAACO with a quick update. Summary I originally invested in LAACO when the stock was trading at roughly $2000/unit. The thesis was that you could buy the entire company at a significant discount to the private market value of the assets. You can read my original thesis, here. Recently, there has been news reports that the company may be in the process of selling their self-storage business which would be huge for shareholders. You can see a link to an article, here. More About Eric Schleien To learn more about me, Eric Schleien, check out my personal website and business website. You can also reach out to me on Twitter, Instagram, and LinkedIn. If you'd like to read my book, you can find it on Amazon. Reviews are appreciated. New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Schleien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. To learn more about Eric's work, check out his ontological coaching firm, Transformational Leadership Associates. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube Contact Eric Schleien Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

Today we're doing something a bit different. Usually we release videos where I analyze either stocks live for people… Or we release videos from our weekly Lives we do talking about various topics. Today though, we're releasing an audio only of a podcast interview I did on September 21st on the FInance Podcast Week September LIVE Roundtable! In this 1 hour discussion, I join Eric Schleien of the Intelligent Investing Podcast and Andrew Sather of the Investing For Beginners Podcast to talk all things investing and finance. Some of the topics we covered are… What we do in our Value Investing Masterclass to help new students learn fast Why I love tiny nanocap stocks. How things have changed in the last few years and why its hard to find undervalued stocks. Including why I haven't bought a new stock in 6 years. What are the questions Andrew and I get asked most from investors and non investors. Some stocks Andrew, Eric, and I are looking at now. And why we're looking at these kinds of stocks. Examples of quirky OTC stocks we've researched. How to find the value of hidden assets on balance sheets - and how this can lead to finding great stocks. Why book value doesn't mean much for modern companies. Why we love special situations stocks. Why Eric and I are looking at commercial real estate investments right now. Why I'm looking at private business investments right now. And more. To listen to the full 1 hour long discussion click here. And I'd love to hear your thoughts on anything in the discussion as well. Did we miss anything? Should we have explained things better? Let me know about these things or anything in the comments below. Always in your service, Jason P.S. To learn how to evaluate and value stocks fast, make sure to join our newly relaunched Value Investing Masterclass by clicking here. P.P.S. For the first 10 people who sign up to the newly relaunched course we're giving up to $9,000 in bonuses FOR FREE. To get these bonuses join today using the link above.

It's Eric Schleien back atcha with Episode #166 of The Intelligent Investing Podcast. Today I bring on Jason Rivera to discuss BE Semiconductor Industries NV (BESIY). Summary Jason found the company when they were a $640 million dollar market cap company. Since then, the stock is up ~10x. Not a bad return! When Jason  found them, they were a pick and shovel play in the semiconductor industry. The company builds testing kits. They also build plastic casings for the actual semiconductor pieces. They're a necessary business for the semiconductor industry. Jason believes you can expect that trend rapidly grow because of the internet of things and 5G. Jason  found the stock by going one by one through the OTC markets database. There's around 20,000 companies listed there. More About Eric Schleien To learn more about me, Eric Schleien, check out my personal website and business website. You can also reach out to me on Twitter, Instagram, and LinkedIn. If you'd like to read my book, you can find it on Amazon. Reviews are appreciated! Get In Touch With Jason Rivera To learn more about Jason Rivera, check out his website: Value Investing Journey   New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Schleien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. To learn more about Eric's work, check out his ontological coaching firm, Transformational Leadership Associates.   Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube Contact Eric Schleien Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

Hi, it's Eric Schleien, and welcome back to another episode of The Intelligent Investing Podcast! In this episode, I had the pleasure of sitting down with the wonderful Jason Rivera who runs Value Investing Journey. I've always liked government contractors due to the sticky nature of their business, high margins, and lots of recurring revenue. I also love them when they are tiny and undiscovered and filling some interesting niche or segment of their market. A company that seems to possibly fit that bill is WidePoint Corporation (WYY). What Is WidePoint Corporation? WidePoint Corporation (WYY) is the leading provider of Trusted Mobility Management (TM2) solutions. TM2 converges at the intersection of WidePoint's pioneering Telecom Lifecycle Management (TLM), Telecom Bill Presentment & Analytics, Mobile and Identity (IdM) Management solutions. Market demand for secure mobile management such as WidePoint TM2 solutions is increasing due to security risks and vulnerabilities that could result from allowing mobile devices and cloud-based applications access to an organization's technology infrastructure. In today's connected world with high-profile data breaches, it is important for an enterprise to have a TM2 solution in place to protect valuable mobile assets and infrastructure while complying with changes in privacy and data protection laws and regulations. WidePoint TM2 solutions provide security, manageability, and visibility of an enterprise's mobile assets and services through a single platform supported by our secure TM2 framework. WidePoint is the leading provider of customized telecom and mobile management solutions to the U.S. public sector. WidePoint has a diverse portfolio of government and commercial clients, serving global and international enterprises and the Fortune 100 across a multitude of industries. More About Eric Schleien To learn more about me, Eric Schleien, check out my personal website and business website. You can also reach out to me on Twitter, Instagram, and LinkedIn. If you'd like to read my book, you can find it on Amazon. Reviews are appreciated! Get In Touch With Jason Rivera To learn more about Jason Rivera, check out his website: Value Investing Journey  

This episode is a recording of a live episode from the Finance Podcast Week live program.   Finance Podcast Week is back for the LIVE September Roundtable! In this episode is hosted by Eric Schleien of The Intelligent Investing Podcast and The Eric Schleien Podcast, joined by Andrew Sather of the Investing for Beginners podcast and Jason Rivera of the I love Value Investing podcast by the Investor's Podcast Network as they discuss what's been going on in the world of investing! ... Finance Podcast Week is brought to you by Podbean! Podbean is a podcast publishing and monetization service, hosting over 500,000 podcasts. If you're looking to start your own podcast, monetize your podcast and livestream directly to your listeners, you can set up an account at podbean.com

Eric Schleien hosts the September Roundtable for Finance Podcast Week. Join Eric Schleien, host of the Intelligent Investing Podcast, with Andrew Sather and Jason Rivera for a jam packed hour long finance roundtable.  Eric Schleien Discusses Real Estate Stocks In this episode, Eric Schleien sits down with Andrew Sather and Jason Rivera to discuss two real estate stocks. Laaco Ltd (LAACZ), which owns the Los Angeles Athletic Club and has a Self-Storage Business. Cedar Realty Trust (CDR), which owns grocery anchored retail outlets across the United States. Eric Schleien believes that both of these are cheap real estate stocks that would be some of the best picks for 2021. Both of these stocks are special situations as it is likely that both of these will be selling core assets for a higher price than the current market value. In Cedar's case, they may sell the entire company. With Laaco, they may sell their self-storage business at what would almost certainly be a higher price than the current market price if they were to get a fair valuation on the assets.   Eric Schleien Discusses Modern Value Investing One of the things that Eric points out during the roundtable is that modern GAAP accounting isn't always appropriate for companies such as Amazon (AMZN) or Trupanion (TRUP) to show true value of the business. For example, Amazon's R&D expense he believes is an asset even though it gets run through the income statement as an expense.  To learn more about Eric Schleien, check out his personal website and business website. You can also reach out to him on Twitter, Instagram, and LinkedIn. If you'd like to read his book, you can find it on Amazon.   Jason Rivera Discusses Altria Stock During the episode Jason Rivera discusses Altria (MO) as a potential value investment due to the stability of the business mixed with a high dividend yield. Jason believes that Altria is a better inflation hedge than buying TIPS. To learn more about Jason Rivera, check out his website: Value Investing Journey   Andrew Sather Discusses Defense Contractors Andrew believes that defense contractors offer good value in this market. As a value investor, he is always looking for sectors and companies that are being mispriced by the market for various reasons. To learn more about Andrew Sather, check out his website: Investing For Beginners

This episode is a recording of a live episode from the Finance Podcast Week live program.   Finance Podcast Week is back for the LIVE August Roundtable! In this episode we're joined by Justin Klein of InvestTalk, Eric Schleien of The Intelligent Investing Podcast and The Eric Schleien Podcast, Andrew Sather of the Investing for Beginners podcast and Robert Leonard from the Millennial Investing podcast and Real Estate 101 podcast by the Investor's Podcast Network as they discuss what's been going on in the world of investing since our main event in March! ... Finance Podcast Week is brought to you by Podbean! Podbean is a podcast publishing and monetization service, hosting over 500,000 podcasts. If you're looking to start your own podcast, monetize your podcast and livestream directly to your listeners, you can set up an account at podbean.com

Principles Of Power My book Principles Of Power: The Art & Wisdom of Badassery is now available on Amazon. I would be extremely grateful if you could pick up a copy and write an honest review. Would mean the world! New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. To learn more about Eric's work, check out his ontological coaching firm, Transformational Leadership Associates. Summary In this episode of The Intelligent Investing Podcast, Eric Schleien sits down with Evan Bleker of Net-Net Hunter to discuss a tiny little company, McCoy Global Inc. (MCB.TO) with a current market cap of $21 million. Show Notes [00:48] Tiny little company traded on Canadian Venture Exchange [2:14] A study on net-nets that buying at a huge discount to net current asset value doesn't enhance performance that much [4:21] The company is cash flow positive [5:26] Modeling out different scenarios (classic Dhandho!) [6:09] Could be a $2/stock if drilling takes off About Evan Bleker Evan Bleker is a professional investor who has built his track record by buying high quality net net stocks. When not researching stocks, he focuses his time on helping small investors learn the strategy so they can earn great returns. Evan manages two investing websites: Net Net Hunter and Broken Leg Investing. Net Net Hunter Complete guide to net net stocks Broken Leg Investing Deep Value Guide Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube Contact Eric Schleien Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. To learn more about Eric's work, check out his ontological coaching firm, Transformational Leadership Associates. Summary In this episode of The Intelligent Investing Podcast, Eric Schleien sits down with Braxton Gann to discuss another shipping company, Dorian LPG (LPG). Braxton believes the business is cheap due to the business trading at a steep discount to its Net Asset Value. Show Notes [2:10] Shipping has been in a bull market [2:37] Track record of management [4:45] Eric Schleien pushing back on Braxton on concerns about shipping stocks [8:08] How to make money with shipping stocks [10:26] Recap on Scorpio Tankers Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube Contact Eric Schleien Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com  

New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. To learn more about Eric's work, check out his ontological coaching firm, Transformational Leadership Associates. Summary In this episode of The Intelligent Investing Podcast, Eric Schleien sits down with Braxton Gann to discuss Stealth Gas (GASS). Braxton believes the business is cheap due to the business trading at a steep discount to its Net Asset Value. Show Notes [1:19] About the company [2:19] "Shipping has been one of the worst industries over the past decade..." [3:13] Value of the second hand market for ships [3:54] Resource Recommendation: Value Investors Edge [5:02] Investment Risks [6:58] Salaries in the shipping industry Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   Contact Eric Schleien Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com  

New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. Podbean This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out! TIKR.COM This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent NET NET HUNTER This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary On today's episode, I sit down with Jason Rivera who is self-taught value investor that focuses on small and obscure public companies to buy for his investors and subscribers. He teaches others how to become great value investors via three of his services: The Value Investing Training Vault, The Value Investing Masterclass, Our Value Investing Coaching Program He also have various other mini courses, masterminds, and other online and live events related to value investing and capital allocation as well. On his Value Investing Journey blog, YouTube, and social media pages he also releases a ton of free content to help people learn how to become a world class value investor. He also consults, advises, and values and evaluates businesses for business owners with his company Alpha Capital Allocation. Jason find areas to improve these businesses operations, profitability, cash flow and value, and then shows them how to do it. He is the author of the acclaimed value investing education book How To Value Invest. He is also the author of On Float. Jason has run his blog Value Investing Journey for nearly a decade and the site has been named a top 50 value investing blog in the world four times now. And his two value investing and education sites have been Named Top 15 Value Investing Podcasts In The World. He also manage investment portfolios for clients. Between the blog, his YouTube Channel, Quora, Twitter, LinkedIn, and various other sources he's had more than 500,000 views of his content worldwide. In the first 8 years of his investment career he produced investment returns for the portfolios I manage of 21.7% per year on average. This compared to about 9.9% for the market on average every year during this same period. Jason has written for several publications and investment newsletters including Seeking Alpha, The Palm Beach Letter, Wyatt Research, Insider Monkey, Guru Focus, and others. He's a member of the Rutgers University CX Advisory Board and also a member of the John Maxwell Team as a Coach, Teacher, and Trainer.   Show Notes [3:33] Stock Market Valuations [9:33] Tech industry profits are skyrocketing... [12:45] Bonds are horrible investments right now... [16:49] What stock to own in an inflationary environment... [18:00] Commercial and single family real estate [18:19] JM Smucker $SJM [21:50] Apple $AAPL [22:29] General Mills $GIS [23:44] The future of Intel $INTC   HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. Podbean This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out! TIKR.COM This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent NET NET HUNTER This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary On today's episode, I sit down with Andrew Sather who is a self-taught investor since 2012. He specializes in identifying value traps and avoiding stock market bankruptcies. You can also listen to his podcast - Investing For Beginners. Show Notes [2:29] Infrastructure Bill [3:34] Not a typical minding company - economic moat [4:32] Long-term industry tailwinds [5:27] 125 year quarry rights [7:56] Valuing the business [9:47] Discussing $MLM's competitor Vulcan Materials $VMC   Resources Seeking Alpha Articles by Andrew Sather E-Investing for Beginners   HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. Podbean This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out! TIKR.COM This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent NET NET HUNTER This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary In today's episode, I sit down with Andrew Sather who is a self-taught investor since 2012. He specializes in identifying value traps and avoiding stock market bankruptcies. You can also listen to his podcast - Investing For Beginners. Show Notes [3:06] Walmart vs Target [7:11] Returns on Invested Capital & Re-investment opportunity [8:14] Valuing Target [9:40] Corporate waste at Walmart   Resources Seeking Alpha Articles by Andrew Sather E-Investing for Beginners   HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. Podbean This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out! TIKR.COM This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent NET NET HUNTER This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary On today's episode, I sit down with Andrew Sather who is a self-taught investor since 2012. He specializes in identifying value traps and avoiding stock market bankruptcies. You can also listen to his podcast - Investing For Beginners. Show Notes [3:19] Bank Of America $BAC [3:39] Just a crazy amount of capital that's flowing into these banks... [6:30] Lending to the fed... [7:51] Fintech [8:50] $BAC and $WFC still attracting new deposits in a low interest rate environment [10:42] Federal Reserve Bank Requirements [12:27] I'm bullish on the industry in general... [12:48] Bank Valuation Metrics [16:45] Building an economic moat through customer service in banking Resources Seeking Alpha Articles by Andrew Sather E-Investing for Beginners HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. Podbean This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out! TIKR.COM This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent NET NET HUNTER This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary On today's episode, I sit down with Andrew Walker who is a portfolio manager at Rangeley Capital LLC and runs Yet Another Value Blog. We discuss Pershing Tontine (PSTH), a SPAC run by Bill Ackman that just recently announced a deal to acquire 10% of Universal Music Group (UMG) from Vivendi. Show Notes [4:24] The UMG announcement [7:15] Background on SPACs [9:47] A unique tontine structure [14:38] Spinning Eagle SPAC [16:50] SPACs vs SPARCs [22:31] Valuation [27:09] UMG's Economic Moat Resources PSTH Article 1: https://yetanothervalueblog.substack.com/p/further-breaking-down-and-simplifying   PSTH Article 2: https://yetanothervalueblog.substack.com/p/breaking-down-the-ridiculously-complex   HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com Disclosure: Eric Schleien and some SMA clients of Eric Schleien through Granite State Capital Management, LLC own shares of PSTH. Nothing here is investment advice. Do your own due diligence.  

NEW PODCAST Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. Podbean This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out! TIKR.COM This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent NET NET HUNTER This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary Today's interview guest is Trey Henninger where we discuss the multi-bagger potential in Solitron Devices as well as do a recap on Entercom (now known as Audacy), and Northfield Precision. You can listen to the former Northfield Precision podcast here, and the Entercom podcast episode, here. Trey Henninger runs the blog and podcast, DIY Investing. Trey is a private value investor focused on microcap and dark stocks in the United States. His focus is on high-quality companies with predictable durable earnings where management has skin-in-the-game. Trey runs a concentrated portfolio. By focusing on small companies, Trey hopes to find overlooked compounders at value prices. His favorite opportunities have a market cap below $50 million. Show Notes [00:02:50] What is Solitron? [00:03:42] "I interviewed the CEO on my podcast"  [00:04:29] This was at the time a $5 million market cap company. And they looked like they were going to earn something like half a million dollars to a million dollars ... [00:05:58]  "I think the best way to  value the company is using an earnings analysis" [00:09:27] Consistently profitable with strong moat [00:12:52] Bought a new facility [00:14:18] Company hitting an inflection point [00:15:09] Recap on Entercom (ETM) [00:17:29] Recap on Northfield Precision (NFPC) RESOURCES My Book on Amazon Alex Bossert's VIC writeup on $SODI Trey Henninger's Stock Thesis on $SODI  Connect With Trey Henninger Twitter Blog Spotify Apple Podcasts YouTube HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube GET IN TOUCH WITH ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com Disclosure: Eric Schleien and some SMA clients of Eric Schleien through GSCM own shares of SODI & NFPC. Nothing here is investment advice. Do your own due diligence.  

New Podcast Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. TIKR.com This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com's free beta today with tikr.com/intelligent Net Net Hunter This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value - this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary Today I'm discussing the merger between Discovery Communications & WarnerMedia. I believe this situation provides an asymmetric risk profile. In the episode I outline the situation, valuation, and how I'm thinking about the investment opportunity.  Show Notes [1:55] Overview [2:11] Market doesn't like the deal [3:01] Makeup of the deal [3:53] Will be spending more on content than Netflix [4:34] Why is the stock down? [8:15] John Malone [9:18] Intrinsic value of Discovery Communications Resources John Malone Interview on CNBC My Book on Amazon About Eric Schleien Eric Schleien is the Founder/CEO of Granite State Capital Management, LLC. In addition to being a value investor, over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: intelligentInvesting@gmail.com

This episode is also brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com's free beta today with tikr.com/intelligent This episode sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value - this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary Today I'm discussing some very brief thoughts on Liberated Syndication (LSYN). They filed an 8k which led some investors to be alarmed. I think the fears are overblown and briefly discuss my views on the company and the recent development.  Show Notes [01:15] About Liberated Syndication [01:55] The Concern Over The 8k Filing [02:27] Paying Low Multiple For Growth [03:39] Free Call Option On Litigation Outcome Resources VIC Writeup on LSYN About Eric Schleien Eric Schleien is the Founder/CEO of Granite State Capital Management, LLC. In addition to being a value investor, over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: intelligentInvesting@gmail.com

This episode is also brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com's free beta today with tikr.com/intelligent This episode sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value - this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary Join Eric Schleien with today's interview guest, Robert Jacobson, as they talk everything about entrepreneurship, technology advancements, and how you can invest in outer space. Robert admits he is no rocket scientist, but as you join us in this discussion, listen as he tells us the many non-hyperbolic real things that are developing right above us. In this episode, Robert shares the different business models on space and technology exploration emerging in the industry today. From businesses leveraging the advantages of multiple small satellites, providing internet to remote areas, ultramodern telescopic devices, advanced GPS tracking, and even the fusion of VR technology and floatation tanks. As you remain tuned in, find out more as Robert, later on, speaks of his book that gives us a great introduction to how the industry that will help change humanity is affecting us economically, socially, and more. About Robert Jacobson Robert is a hyper-connector, advisor, entrepreneur specializing in the emerging New Space economy.  Robert Jacobson is an entrepreneur and investor driven by a life-long passion for space. A born improviser, team builder, and dealmaker, Robert approaches business challenges with a flexible and creative mindset. With a talent for developing nuanced, boundary-defying solutions, he creates effective bridges between various enterprises and worlds of experience—from merging interests and subject matter to propelling humanity forward via space's myriad offerings. Robert authored the book Space Is Open for Business on democratizing the New Space economy. Robert's Website Space Advisors Twitter Robert's Book; Space Is Open For Business: The Industry That Can Transform Humanity Show Notes [00:25] What outer space is doing for us. [03:14] The XPRIZE – Getting a human to space. [07:55] "It wasn't going to be through NASA." [10:18] The space advancements by 2020. [15:10] -An audacious goal of backing up Earth's civilization. [17:07] On Astrabotic and the project – Great Pause. [18:39] Floatation tanks – The closing thing to walking on outer space. [21:15] The opportunities for space ventures today. [26:34] New business models through satellite advancements, etc. [35:17] A book on the industry that can help transform humanity. Resources Space Is Open For Business Book by Robert C. Jacobson: Propel X – Alternative investments Space Angels – Your access to smart space investing Syndicate 708 - Propelling the next generation of Deep Tech entrepreneurs Starburst - The #1 Aerospace Accelerator About Eric Schleien Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA.   Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: intelligentInvesting@gmail.com  

This episode sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value - this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. This episode is also brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com's free beta today with tikr.com/intelligent Summary In this episode I sit down with Evan Bleker to discuss what he's currently doing in the net-net world for 2021. It was a pleasure to have him back on the show. We discussed the big winners from 2020 and biggest losers. One of the big winners we discussed was a net-net stock called Polar Power. We also discussed how tanker stocks were the biggest losers for 2020 as well. We then discuss Evan's general net-net strategy, and a few stocks such as Kaspien, Playmate Toys, and TLV Holdings. If you're interested in investing in net-net stocks you won't want to miss this. Show Notes [00:21] Discussing the net-net portfolio for 2020 [00:44] Big winners and losers of 2020 [00:48] Polar Power [01:59] Tankers [02:49] Kaspien [10:18] Playmates Toys [15:05] TLV Holdings [26:15] ADDvantage Technologies Resources Evan Bleker's Book on Amazon Eric Schleien's Book on Amazon About Evan Bleker Evan Bleker is a professional investor who has built his track record by buying high quality net net stocks. When not researching stocks, he focuses his time on helping small investors learn the strategy so they can earn great returns. Evan manages two investing websites: Net Net Hunter and Broken Leg Investing. Net Net Hunter Complete guide to net net stocks Broken Leg Investing Deep Value Guide Evan discussed Warren Buffett's net net investing practice during his partnership. Further resources available here: You can follow Evan's portfolio performance here: You can sign up for his free newsletter on the Net Net Hunter home page. About Eric Schleien Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page! You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube Contact Eric Schleien Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: intelligentInvesting@gmail.com

This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com's free beta today with tikr.com/intelligent This episode is also sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value - this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary It's time again for another Trupanion (TRUP) episode as there's been another writeup on the company that completely misunderstands their business in my opinion. For my other episode on Trupanion where I made a rebuttal to Todd Wenning at Ensemble Capital which you can listen to here. This is a rebuttal to the Steel City Capital letter which you can view on Seeking Alpha. Show Notes [3:28] The PAC spend is the output, NOT the input as Steel City Capital attempt to argue [3:53] Growth inline with PAC spend [5:26] Including development expenses in IRR doesn't make sense [6:06] The proper way to look at Trupanion's subscription business IRR [6:37] Doesn't make sense to include preloaded costs into IRR calculation [7:24] How to look at "Other" Business About Eric Schleien Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page! You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube CONTACT ERIC SCHLEIEN: Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: intelligentInvesting@gmail.com  

This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com's free beta today with tikr.com/intelligent This episode is also sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value - this research service is for you. I personally use this service at my firm to help me research tiny and obscure net net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary Eric Schleien brings on Don Chambers to discuss his activism at Firsthand Technology Value Fund (SVVC). Don will be proposing to terminate the management company and potentially liquidate the company after that at the next annual meeting. The company currently trades at a steep discount to NAV. For prior episodes about SVVC: https://ericschleien.com/podcast/firsthandtechnologyvaluefund/ https://ericschleien.com/podcast/donchambers-svvc/ Show Notes [00:01:55] Update On SVVC [00:02:13] Cards are stacked against the investor and they're tremendously stacked in favor of the entrenched money managers. [00:02:50] The proposal on the proxy [00:03:09] The Annual Meeting [00:03:24] Binding vs Non-Binding Resolutions [00:04:18] The Previous Non-Binding Proposal Last Year [00:05:30] The Entrenched management team  ABOUT DON CHAMBERS Donald R Chambers currently runs the website, SaveFirstHandTechnology. He is also a recently-retired (June 2017) professor of finance with 36 years of teaching experience. Dr. Chambers has written several books regarding investments and personal finance that are distinguished by their clear writing and ability to make difficult concepts accessible to his audience. He is the lead author of the 600+ page Modern Corporate Finance: Theory and Practice which is in its eighth edition (forthcoming with FlatWorld), the 1,000-page Alternative Investments which is in its third edition with Wiley, and several other books on finance. Dr. Chambers has published over 50 scholarly articles. ​Dr. Chambers has had numerous appearances in media including national television, national public radio, regional television, and regional radio. Dr. Chambers co-starred in a nationally-televised cable television series regarding finance in 1988 (45 Fortune) and frequently serves as a public speaker. In more recent years, he has written numerous blogs and spoken frequently regarding investments in his role as Chief Investment Officer of Biltmore Capital Advisors. About Eric Schleien Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA.   Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page! You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube CONTACT ERIC SCHLEIEN: Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: intelligentInvesting@gmail.com

This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value - this research service is for you. I personally use this service at my firm to help me research tiny and obscure net net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here. Summary Join Eric Schleien with today's interview guest, Mikkel Thorup, as they talk real about the many possibilities of living life as an expat in foreign countries. Due to dyslexia and being made to study in special classes, Mikkel was poorly treated by many peers during his younger years – an experience with discrimination he did not feel when he got to live life outside the country. Mikkel shares in this episode the key points he gets clear with, on tax and obligations to the government, with clients who are interested in living an expat's life. From his experience in living in other countries, he also discusses the cost of living, lifestyle, and luxuries that foreign countries experience that the average life in North America no longer caters to nowadays for many. As an expat, Mikkel keeps things in perspective. For him, a country's government should always be viewed separately from its people and culture, and that people shouldn't go to other countries and try making it like their own. Instead, Mikkel believes it's crucial to learn how to embrace the experience, culture, food, language, and everything else about a place that people can make friends and stories with. About Mikkel Thorup Mikkel Thorup is the host of The Expat Money Show podcast. He is also the author of the #1 Best-Selling book Expat Secrets on Amazon. Mikkel has spent over 20 years in continual travel around the world, visiting more than 100 countries, including Colombia, North Korea, Zimbabwe, and Iran. His goal is to help people just like you to generate additional streams of income, legally eliminate your tax bill, and take advantage of offshore structures so you can travel the world freely and never have to worry about money again. Website: https://expatmoneyshow.com/ Podcast: https://expatmoneyshow.com/episodes/ Twitter: https://twitter.com/ThorupMikkel Show Notes [01:35] Getting into special class and dropping out of school. [09:15] What is an expat? [12:36] The school system in the pandemic. [15:03] Want the expat life? What to ask? [23:40] Healthcare in Panama. [27:09] On residency-based and territorial-based tax systems. [29:32] What to look into - The FEIE. [34:15] Belize is an excellent place for certain reasons… [37:35] The cost of living and the quality of life in South East Asia. [39:19] What can expats get life access to that North America can no longer offer? [47:08] Experiencing North Korea and Iran. [50:16] On Amazing Switzerland and Estonia's VISA Program. [59:44] What people who want to be an expat need to learn… Resources The Expat Money Show - Is E-Residency in Estonia Right for You with Ott Vatter: Expat Secrets - How To Pay Zero Taxes, Live Overseas & Make Giant Piles of Money Book by Mikkel Thorup About Eric Schleien Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA.   Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube CONTACT ERIC SCHLEIEN: Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: intelligentInvesting@gmail.com  

Join Eric Schleien in this Q&A format as he answers questions on short positions, investment strategies, destroying your own conclusions on business and investments, and so much more. When asked about the mistakes he's made with investments and what can be learned from them, Eric expounds on what he thinks is a rear-view mirror thinking and on how he managed to lose more money to areas of omission than commission.  Summary While it's common for others to work on becoming large firms, Eric's unique gameplay is to stay boutique and manageable. For Eric, it's not necessarily rejecting growth. Instead, it's more about being able to hold control and balance on different elements. When you're running multiple large funds, it will reach a point where you start losing the competitive advantage by becoming too large, he explains. In this episode, the group also brings up the relevance of Environmental and Social Trends in determining the long-term value of companies. Quoting from Brookfield Asset Management CEO Bruce Flatt, "It's not a good business to not be a good steward of the environment.", for Eric, if a business is taking steps to have an adaptable and inclusive culture – value is quickly elevated. Even though it's not the end-all-be-all, for Eric, when a business does good in proving its CSR, it helps contribute to building a competitive advantage and value in the long run. Show Notes [01:20] Podcasting is going to be bigger than radio; On Liberated Syndication/Libsyn (LSYN). [06:26] How do you size your investments and know what to trim? [10:38] The art form to portfolio management. [14:00] On the threat inflation poses. [19:50] The advantages of being a boutique firm. [21:53] On not taking short positions. [26:26] Has the pandemic changed investment strategies? [28:22] Rear-view mirror thinking. [34:05] How do you factor in ESTs on a business's long-term value? [36:39] There's only so much you can control when you run large funds. [42:06] When an investor insists on dividends… Resources Principles of Power - The Art & Wisdom of Badassery Book by Eric Schleien About Eric Schleien Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: intelligentInvesting@gmail.com

Are you looking for an asset to invest in long-term? Then, publicly-traded real estate can be a fit for you! Publicly traded real estate can help you construct your equity or fixed-income portfolio. This can also be a good option for you if you are the kind of investor who is on the safe side as it is known to be historically one of the best-performing asset classes available.Today, we pick the brain of Granite State Capital Management CEO and Intelligent Investing Podcast host Eric Schleien. Eric elaborates on the ins and outs of investing in publicly traded real estate. Eric details the two ways you can invest in this asset class. He emphasizes that this kind of investment is for people with a long-term time frame. So, if you are a person who is in it for the long run, listen now and learn if this is something you need to consider investing in.

Join Eric Schleien with today's interview guest, Julian Lin, as they discuss the different names in the country's cannabis industry and the stocks he entered and exited in light of the pandemic. For some of these companies, leaving the pandemic with so much debt and having to spend so much for redevelopment isn't going to be an excellent spot to have. Summary In this episode, Julian also talks about the presence of Canadian cannabis brands in American markets. Despite them being 'okay,' because they're the only names people can invest in when in America, the evaluations of these brands coming from across the border remain to sore insanely. Nonetheless, cannabis brands have challenges unique to them in general. Julian acknowledges that when you look at these companies, they scream expensive. In reality, if cannabis is decriminalized and is not to pay a particular type of tax in the future anymore, their shares will trade at multiple folds in earnings. For Julian, the macro picture for cannabis is all promising in the next 2-4 years.   About Julian Lin Julian Lin runs Best Of Breed, a research service uncovering high conviction ideas in the winners of tomorrow. He is ranked in the top 1% of all bloggers on Tipranks. Website Show Notes [01:04] "A terrible time to own those stocks." [02:52] How did Simon Property Group enter the pandemic? [04:14] It's a problem with the cost of capital. [07:27] The cannabis industry in the Biden administration. [09:07] Cannabis in Canada. [11:30] The business models of different cannabis brands. [13:03] What cannabis companies are not allowed to do. [15:54] GTI is a multi-state presence. [17:11] The future for Cannabis. [17:48] The primary catalyst for American cannabis stocks.   About Eric Schleien Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA.   Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: intelligentInvesting@gmail.com  

The GameStop short took many by surprise and brought the world of short selling into the mainstream. Join us for this in-depth panel moderated by Eric Schleien of the Intelligent Investing Podcast with Jake McClure of The Personal Wealth Coach Podcast and Rick Bloom from Rick Bloom Talks Money on the nuances of what actually happened, and how all the pieces fit together. Eric Schleien's Book Thank you for supporting the podcast. My new book, Principles of Power, is now on Amazon. I would be incredibly grateful and humbled for a purchase with an honest review. About Principles of Power "Principles of Power can be related to as an advanced Coaching Handbook for Leaders. 
If you are a leader, an aspiring leader, a coach, consultant, or program facilitator, this book is designed for you. The material is delivered inside of a modern leadership context of service and contribution. 
Eric features many partnerships in Principles of Power. His inclusion of useful quotes from Warren Buffett, Charlie Munger, Werner Erhard, Nassim Taleb, Seth Godin, and many other leaders attests to the thinking and the research that went into the writing of this book. 
It is now undeniable that the understanding and implementation of powerful Listening, authentic Relationship, and a recognizable Permission to Lead, are cardinal distinctions of effective leadership. 
The word, 'cardinal' has a Latin root and means ‘hinge' – like a hinge on a gate. So, like a hinge, cardinal distinctions are connected to every nuance of leadership. You will see these distinctions in action in the background of Eric's many leadership conversations. 
Authentic Relationship, for example, is essential to the effectiveness and empowerment of the participants and the leader. If authentic Relationship is missing, any outcome or result devolves to the result of domination or force, and is not an outcome of effective leadership.
Consider this: Leadership is granted by the permission of those being led. Take a moment and allow that to sink in. The job of the leader is that of an environmentalist, providing the space for people to collaborate, flourish, and create. These two different activities, management and leadership are often commingled, especially in business schools and in the workplace. They are distinct and operate under different rules and measures. It's like Checkers and Chess – Same game board, different games with different rules and outcomes.
Disentangling and distinguishing the two arenas of activity grants power to both managers and leaders.
 So, the fundamental exercise of listening for people's greatness is in the background of every sentence in this book. And there is much more…
Principles of Power is strongly influenced by the transformational work of Werner Erhard. Much of the author's thinking is also grounded in the classic distinctions of Tribal Leadership and the thinking of Warren Buffett and his partner, Charlie Munger. 
Those, plus Eric's own extensive practical experience renders Principles of Power to be an extremely useful ‘go-to' resource, filled with useful, implementable information, sprinkled liberally with memorable quotations from intelligent diverse sources – all apt and worth adding to YOUR leadership lexicon." - John King, co-author of Tribal Leadership Other Resources Eric Schleien discussing GME Puts Eric Schleien discussing why he hates shorting stocks - GME Finance Podcast Week About Eric Schleien Over the past decade, Eric has trained thousands of individuals including board members of public companies and Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been featured in The Wall Street Journal, GuruFocus, and was featured in Warren Buffett's Biography, “Of Permanent Value.” Eric is also a certified Tribal Leadership consultant with over a decade's worth of experience in the field of transformational coaching. Since 2012, Eric has specialized in producing breakthroughs at the level of organization. He's also the co-creator of the Udemy course, Leadership By Design. Eric also hosts The Intelligent Investing Podcast which is a business/value investing podcast. Eric loves interviewing interesting people and has interviewed Warren Buffett's son, Peter Buffett, Jimmy Fallon, and former adult film star, Bree Olson as well as over 100 interviews on his podcast. Eric currently serves as the Chief Executive Officer of Granite State Capital Management, LLC and runs a real estate investment and consulting firm, Wyoming Warehousing & Safe Deposit Company. About Jake McClure Jake McClure has been working with his father and partner, Jeff in finance since January of 1991. In 2010 he completed business studies for his designation as Certified Investment Management Analyst® at The Wharton School, University of Pennsylvania. In 2007 In concert with Jeff, he founded an objective, fee-based fiduciary service in The Personal Wealth Coach, an SEC Registered Investment Advisory Firm. Jake is married to Alissa, a cellist, and a world traveler. They have two children. Jake is also a successful artist, having been commissioned by the Austin Ballet's BATS to create the 2011 annual Long Award, and has had showings of his artwork in many public places. Jake has also given musical business advice to several major recording labels and production companies. His passion lies in finding the links between economics, art, and music, then defining those links in the lives of his clients.   About Rick Bloom  Rick is a partner and co-founder of Bloom Advisors and the law firm of Bloom, Bloom & Associates. He is a licensed attorney, certified public accountant (CPA), and financial advisor. Additionally, Rick holds the Series 65 license. Rick currently hosts the podcast "Rick Bloom Talks Money" and writes a weekly financial column in the Observer & Eccentric Newspapers. He served as host of the popular “Money Talk” radio show on WXYT-AM 1270 and the “Rick Bloom Show” on WDTK-AM 1400. Rick was a featured writer of regular financial columns for the Detroit News and Oakland Press and also aired twice-daily business updates on the Michigan Radio Network. He has been recognized by a variety of esteemed financial publications and has been named a top financial advisor for several years. He has presented at conferences and given speeches to hundreds of business and civic organizations throughout his career and has made appearances on both radio and television. Rick is a member of the Fidelity Investment Financial Advisory Council. Rick is an honors graduate of both Michigan State University and the University of Michigan Law School. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com  

Join Eric Schleien with his guest Andrew Sather as they talk about Warren Buffett's Cash Cows, Hedging the US Dollar, Residential Real Estate, Griffon, and Electronic Arts. In this episode, Andrew also sheds light on stock buybacks and turning over rocks in order to unearth value even from beat-up ventures and potential investments. He emphasizes the strategy of having enough key players in a business or investment that's enough to stabilize everything. Stay tuned to this discussion and find out what else Andrew has to say about the current financial industry.   About Andrew Sather Andrew is a self-taught investor since 2012. He specializes in identifying value traps and avoiding stock market bankruptcies. "I didn't see a resource to walk beginners through investing, step by step. So I went out and made it.", Andrew said. Website Linkedin Twitter YouTube Apple Podcast   Show Notes [03:31] Warren Buffett's Cash Cows [04:55] Companies need to do it smartly with Buybacks. [06:45] The parallels of EA Games and DairyQueen. [09:10] What makes EA Games a Cash Cow? [12:10] On turning over rocks; books by Peter Lynch. [13:13] An observation I disagree with… [14:34] What needs to be understood in flipping rocks in beat-up industries. [18:23] Having a hedge for the US dollar. [19:00] What I found out about the Top Companies in the S&P 500? [19:58] Companies whose revenue did well even if the US dollar didn't. [26:35] The likes of Paypal; the likes of Mastercard.   Resources Beating the Street by Peter Lynch One Up On Wall Street by Peter Lynch Seeking Alpha Articles by Andrew Sather E-Investing for Beginners     About Eric Schleien Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA.   Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

The GameStop short took many by surprise and brought the world of short selling into the mainstream. Join us for this in-depth panel moderated by Eric Schleien of the Intelligent Investing Podcast with Jake McClure of The Personal Wealth Coach Podcast and Rick Bloom from Rick Bloom Talks Money on the nuances of what actually happened, and how all the pieces fit together.

Join Eric Schleien with today's interview guest, Trey Henninger, as they talk about Entercom, Northfield Precision, and the new SEC rule that impacts dark companies and small businesses. By taking a close look at the outcomes and probabilities close to ETC and the merger made with CBS Radio, he explains what Entercom holds for the next 12-18 months and tells us the technicalities on why he thinks owning shares from the company can still end up positively. Summary In this episode, Trey will also be getting into all the old news, the expected, and the good with Northfield Precision Instrument Corp. Listen as he discusses the company's performance during the pandemic, their ROI report, and how NFPC will seemingly be affected by the new SEC rule that targets dark companies. For Trey, once the new regulation comes into effect in the following months or years, going expert or grey may become an option to be considered for Northfield. Going in further on the upcoming SEC rule, tune in as Trey explains what the regulation aims to do, what it requires from business entities, how it can backfire, and what it means to trade without a quoted price –a scenario that may just mean good deals for experts. For him, there are always as many opportunities in matters like these as there are risks in every leverage.   About Trey Henninger: Trey Henninger runs the blog and podcast DIY Investing. Trey is a private value investor focused on microcap and dark stocks in the United States. His focus is on high-quality companies with predictable, durable earnings where management has skin-in-the-game. Trey runs a concentrated portfolio of 5 stocks with a 20% weighting each. By focusing on small companies, Trey hopes to find overlooked compounders at value prices. His favorite opportunities have a market cap below $50 million. Website Twitter Email             The DIY Investing Podcast (on all major platforms)   Outline of the episode: [00:42] Entercom Communications – America's #2 Radio Broadcasting Company. [02:18] ETC as a radio company and as a growing digital audio presence. [02:49] The crashing merger of ETC and CBS Radio. [03:46] Binary outcomes and the probabilities for the company now. [06:55] What the debt market is telling about it. [08:03] Covid as an excuse...; The company's ownership. [09:49] A business with no assets, basically. [13:09] Bad as expected – Northfield Precision [15:54] What SEC Rule is, not retail investor-friendly. [16:40] How the new regulation can backfire – a theory! [18:25] What it means to not get quoted a price… [19:45] Anytime you have leverage, there's risk and also lots of opportunities.   Resources: CBS Radio and Entercom merger Follow and subscribe to the new, The Eric Schleien Podcast:   About Eric Schleien: Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA.   Help Out The Podcast: If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   CONTACT ERIC SCHLEIEN: Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: intelligentInvesting@gmail.com

Join Eric Schleien with his guest Andrew Sather as they talk about Warren Buffett's Cash Cows, Hedging the US Dollar, Residential Real Estate, Griffon, and Electronic Arts.  In this episode, Andrew also sheds light on stock buybacks and turning over rocks in order to unearth value even from beat-up ventures and potential investments. He emphasizes the strategy of having enough key players in a business or investment that's enough to stabilize everything.  Stay tuned to this discussion and find out what else Andrew has to say about the current financial industry.  About Andrew Sather:  Andrew is a self-taught investor since 2012. He specializes in identifying value traps and avoiding stock market bankruptcies.  ""I didn't see a resource to walk beginners through investing, step by step. So I went out and made it."", Andrew said.  Website: https://einvestingforbeginners.com/   Linkedin: https://www.linkedin.com/in/asather/   Twitter: https://twitter.com/valuetrapblog?lang=en   YouTube: https://www.youtube.com/channel/UC4TXiSS6QqcXVVhwsCqjuVw     Outline of the episode:  [03:31] Warren Buffett's Cash Cows  [04:55] Companies need to do it smartly with Buybacks.  [06:45] The parallels of EA Games and DairyQueen.  [09:10] What makes EA Games a Cash Cow?  [12:10] On turning over rocks; books by Peter Lynch.  [13:13] An observation I disagree with…  [14:34] What needs to be understood in flipping rocks in beat-up industries.  [18:23] Having a hedge for the US dollar.  [19:00] What I found out about the Top Companies in the S&P 500?  [19:58] Companies whose revenue did well even if the US dollar didn't.  [26:35] The likes of Paypal; the likes of Mastercard.  2 Resources:  Beating the Street by Peter Lynch:  https://www.amazon.com/Beating-Street-Peter-Lynch/dp/0671891634   One Up On Wall Street by Peter Lynch:  https://www.amazon.com/One-Up-Wall-Street-Already/dp/0743200403/ref=pd_lpo_14_img_0/147- 7509922-3616713    Seeking Alpha Articles by Andrew Sather:  https://seekingalpha.com/author/andrew-sather#regular_articles   E-Investing for Beginners:  https://einvestingforbeginners.com/explaining-the-cult-of-warren-buffett-podc/   About Eric Schleien:  Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry.  Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less.  Eric currently resides in Philadelphia, PA.  CONTACT ERIC SCHLEIEN:  Facebook | LinkedIn | Twitter | YouTube | GSCM | Instagram  Email: IntelligentInvesting@gmail.com  … Finance Podcast Week runs from March 26th-March 28th, 2021 with live-streamed sessions and panels, and brand new, exclusive episodes.  Utilizing Podbean's live streaming platform, we're offering you the opportunity to join the conversation and be part of the experience. Finance Podcast Week is brought to you by Podbean and brings you expertise and insight on podcast topics ranging from personal finance, budgeting, real estate, cryptocurrency, investing for millennials, the GameStop short, and more!  Follow the Finance Podcast Week channel here for daily meditations, episode releases and more! For more information and to register to join the live streams in real-time go to www.podcastweek.live.finance    The content of Finance Podcast Week is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our site and podcast constitute a solicitation, recommendation, endorsement, or offer by Podbean or any third party service providers to buy or sell any securities or other financial instruments.

Join Eric Schleien with his guest Peter McCormack as they talk about podcasting, the unique characteristics of Bitcoin, and what the future holds for it. Because of the oppositions and baseless accusations against it, for Peter, Bitcoin should've already failed. Today, it is still operating and growing even higher.   In this episode, Peter gets into discussing decentralization, Bitcoin mining, his piece of advice to anyone looking into investing in Bitcoin, and so much more. To interested investors, Peter believes there should be a profound investment strategy before throwing money onto Bitcoins. He believes cryptocurrency can be a very punishing investment if done wrong.   Stay tuned to this casual exchange and find out more of what Peter has to say about Bitcoins and investments.   About Peter McCormack:   Peter McCormack is a full-time journalist/podcaster covering topics such as Freedom, Human Rights, Censorship, and Bitcoin. He is the host of the What Bitcoin Did Podcast.   The What Bitcoin Did Podcast, is a twice-weekly Bitcoin podcast where host Peter McCormack interviews experts in the world of Bitcoin development, privacy, investment, and adoption. Launched in November of 2017, the podcast has grown to nearly 200 episodes with a guest list that is a testament to the diversity of knowledge and opinions that represent the broader Bitcoin community.   Individual podcast episodes have focused on engaging and accessible conversations with some of the industry's most influential minds. Established veterans such as Adam Back, Charlie Shrem, and Andreas M. Antonopoulos have shared the WBD mic along with rising stars. No areas of discussion are off-limits, and differences of opinion are encouraged. Past topics have ranged from Cannabis to Censorship, Libertarianism to the Lightning Network, and Sex Workers to Segwit2x.   You can find Peter McCormack on: Website Linkedin Twitter Instagram Apple          Spotify              Outline of the episode:   [01:59] Stumbling upon Podcasts in a vegan retreat in Italy… [03:29] Podcasters – just get out and do it! [04:50] Are cryptocurrencies worth investing in? [06:20] What is decentralization? [08:04] The resistance of Bitcoin. [11:24] On Bitcoin's stability. [13:40] What does Blockchain do? [17:15] Bitcoin Mining. [20:00] A bit of advice to anyone wanting to invest their money in Bitcoins. [21:51] Is Satoshi Nakamoto fame-driven, rich, alive? [24:39] What could break Bitcoin? [27:53] Privacy in Bitcoin. [30:30] The first thing to do when getting into Bitcoins.   Resources: How to Start a Podcast in 2020 Pat Flynn   Understanding DigiCash   How to Download Kraken Pro: Advanced Bitcoin & Crypto Trading on PC:   Kraken's Official Mobile Apps   About Eric Schleien:    Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry.   Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less.   Eric currently resides in Philadelphia, PA.   Help Out The Podcast:   If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!         You can subscribe to the podcast on the following platforms:   Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube     CONTACT ERIC SCHLEIEN: Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com    

Today's guest on The Expat Money Show is Eric Schleien, the sole portfolio manager of Granite State Capital Management. After reading his first book on Warren Buffet when he was just 14 years old, he became passionate about value investing and has been managing his own capital since February 2005. http://www.gscm.co/ (GSCM) maintains a focus but is not limited to, identifying opportunities among ignored and obscure securities which tend to be either undiscovered or misunderstood by the wider market. They focus on this area due to the high barriers to entry and low competition market environment leading to more inefficiently priced securities. Large hedge funds and institutions will often not be able or willing to look in these areas leading to higher inefficiencies. Today we will be talking to our guest about opportunities in the financial markets overseas and what he expects to boom.   HERE'S WHAT WE DISCUSSED IN DETAIL IN THIS INTERVIEW:Buying foreign assets for less than their worth How to study different business ideas The opinion of big tech and FANG stocks Why does Eric Schleien buy stock overseas? What are alternative investment markets? The advantage that smaller investors have over institutions SASS  Does he buy in USD or local currency?  Trends, countries, commodities? What does he think will perform well? Where are the countries that have a bad rap & underperforming stocks? How does Eric Schleien find these stocks? And finally, what is THE country to look at if you want to invest? RELATED PODCAST EPISODEShttps://expatmoneyshow.com/episodes/tariq-dennison/ (113: TAX OPTIMIZED RETIREMENT ACCOUNTS FOR EXPATS – TARIQ DENNISON) https://expatmoneyshow.com/episodes/ep-091-ladislas-maurice/ (091: THE WANDERING INVESTOR SHARES INSIGHTS FROM AROUND THE WORLD – LADISLAS MAURICE) https://expatmoneyshow.com/episodes/085-warren-black/ (085: WARREN BLACK – INTERNATIONAL TAX EXPERT CHAMPIONS FOR SOVEREIGNTY)   HOW TO REACH ERIC SCHLEIENhttps://intelligentinvesting.podbean.com/ (The Intelligent Investing Podcast) https://twitter.com/EricSchleien (Twitter.com/EricSchleien) https://www.instagram.com/EricSchleien/ (Instagram.com/EricSchleien ) http://www.gscm.co (www.GSCM.co) FINAL THOUGHTSGreat interview with Eric Schleien, he really knows his business. If you want to invest and not sure where to start, listen to Eric's podcast, it's fantastic! at https://podcasts.apple.com/us/podcast/the-intelligent-investing-podcast/id1205082419 (The Intelligent Investing Podcast). I enjoyed our conversation so much that Eric invited me to be a guest on HIS podcast. Make sure you look up my episode, should air sometime in March.    Support this podcast

Join us for this exclusive pre-released episode as part of Finance Podcast Week. This episode is brought to you by Eric Schleien of The Intelligent Investing Podcast. ... In this episode, Norma Jean shares her story on getting into podcasting and the facet that sets apart a podcast. She also gives us a brief of the stimulating discussions, guests, and perks we can expect from Podbean's event that every entrepreneur, investor, and alike will gain from. Stay tuned to their talk to catch a glimpse of Finance Podcast Week's exciting lineup for everyone. About Eric Schleien: Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA.  About Podbean:  Podbean is a podcast publishing and monetization service, providing free and premium hosting packages for individuals and businesses. Podbean offers a user-friendly interface that integrates publishing, management, syndication, and analysis tools into an easy-to-use podcasting package. Podbean: https://www.podbean.com/ ... Finance Podcast Week runs from March 26th-March 28th, 2021 with live-streamed sessions and panels, and brand new, exclusive episodes.  Utilizing Podbean's live streaming platform, we're offering you the opportunity to join the conversation and be part of the experience. Finance Podcast Week is brought to you by Podbean and brings you expertise and insight on podcast topics ranging from personal finance, budgeting, real estate, cryptocurrency, investing for millennials, the GameStop short, and more!  Follow the Finance Podcast Week channel here for daily meditations, episode releases and more! For more information and to register to join the live streams in real-time go to www.podcastweek.live.finance    The content of Finance Podcast Week is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our site and podcast constitute a solicitation, recommendation, endorsement, or offer by Podbean or any third party service providers to buy or sell any securities or other financial instruments.

Join Eric Schleien with his guest Norma Belenky, the Head of Events of Podbean, as they talk about the evolution of media, Podbean's exciting podcast features, and most especially the upcoming Finance Podcast Week.   In this episode, Norma shares her story on getting into podcasting and the facet that sets apart a podcast. She also gives us a brief of the stimulating discussions, guests, and perks we can expect from Podbean's event that every entrepreneur, investor, and alike will gain from.   Stay tuned to their talk to catch a glimpse of Finance Podcast Week's exciting lineup for everyone.   About Podbean:  Podbean is a podcast publishing and monetization service, providing free and premium hosting packages for individuals and businesses. Podbean offers a user-friendly interface that integrates publishing, management, syndication, and analysis tools into an easy-to-use podcasting package.   Facebook:       https://www.facebook.com/NormaJeanBali/ Instagram:       https://www.instagram.com/normajeanlovesdoodles/   Outline of the episode:   [01:12] What is Podbean, and what does it bring? [02:32] The upcoming Finance Podcast Week: Guests, Topics, and Program. [05:26] Elements of media changed by today's podcasts. [08:54] The freedom in Podcasts. [09:41] Live features on Podbean's Finance Podcast Week and what to expect. [13:08] The technology, integrations, platforms, and accessibility of today. [15:39] Ask the hosts, join in the conversation – Podbean Finance Week. [18:23] Live podcasts + Pre-released episodes of participating podcasters. [19:23] The dates to save… [22:03] On getting into podcasts and becoming a part of Podbean. [25:20] The community, collaborativeness, and openness that is in podcasting. [26:37] What needs to be a part of podcasting? [27:32] In the age of information overload, to stand out, you need to have…   Resources: For tickets, got to Finance Podcast Week  More info about the Finance Podcast Week  Podbean Live   About Eric Schleien:   Over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry.   Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA.   Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com  

Join Eric Schleien with his guests, Chelsea Dietsch and Tara Songster of Alluring Oddities, as they share stories about their income-generating passion for thrift shopping and what it took to make this side-project grow and continue growing. More than just a business, Chelsea and Tara treat their passion as a venture wherein they can cultivate experiences for their friends, loved ones, and Buffalo's whole community. Community over competition is a general outlook that they endorse. Learn more from their experiences as you tune in further to what Chelsea and Tara have to share.   About Alluring Oddities: Alluring Oddities is a curated and cultivated gallery of mostly 60s or 70s offbeat thrifted treasures in Buffalo, NY. The brand is owned by Chelsea Dietsch and Tara Songster.   Outline of the episode: [07:45] The fascination towards everything timeless in condition. [09:53] Make money out of it, not: get rid of it. [11:03] More than just a business, it's a lifestyle. [13:22] Alluring Oddities: a thrift store's gross margin. [14:37] Set your brand different from others. [15:30] The resurgence in Buffalo's market. [17:03] Why interact with your audience? Why research? Why benchmark? [19:44] Connecting to peoples' stories through their belongings. [25:43] On price tagging. [26:34] "Community over competition." [29:22] What your venture will mostly need from you. [30:06] Putting everyone's strengths at work.   Resources:   Bounty Hunter TK4 Tracker IV Metal Detector Value Investing 2nd Edition Principles Of Power   Thrift at or Donate to Goodwill   Thrift at or Donate to Salvation Army     About Eric Schleien Over the past decade, Eric has trained thousands of individuals including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com  

Join Eric Schleien & Rafael Resendes discuss how to value and measure the intrinsic value of Tesla (TSLA) and GameStop (GME).   Rafael Resendes is the portfolio manager & co-founder of Applied Finance Capital Management.   To watch this on YouTube (which for this one, I would recommend) - you can click, here.   Resources For listeners interested in some of the research presented on the show today, you can sign up for the monthly newsletter, The Valuation Edge. For listeners interested in actually modeling companies they can join the waiting list for the Intrinsic Value Tool. Value Investing 2nd Edition, on Amazon. Eric Schleien's Book: Principles Of Power: The Art & Wisdom of Badassery, on Amazon   About Eric Schleien Over the past decade, Eric has trained thousands of individuals including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA.   Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

Welcome to the Intelligent Investing Quick Thoughts Series, where I just spend a few minutes on relevant topics, thoughts, or things in the news. Episodes are all under 10 minutes. You can also watch the conversation on YouTube by clicking here.   Summary In this episode, Eric Schleien discusses how to play GameStop (GME) from a value investing standpoint and what he is doing around selling Put Options.   Other episodes discussing GameStop (GME) Eric Schleien discussing GME Puts Eric Schleien discussing why he hates shorting stocks - GME About Eric Schleien Over the past decade, Eric has trained thousands of individuals including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA.   About Julian Lin Julian is a contributor on Seeking Alpha with over 13,000 followers. Julian runs a stock investment newsletter named Best of Breed which invests in high-quality companies with “moaty” business models, conservative balance sheets, and best in class management teams. You can find out more about the newsletter here – there is a 2 week free trial available.   Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com    

Welcome to the Intelligent Investing Quick Thoughts Series, where I just spend a few minutes on relevant topics, thoughts, or things in the news. Episodes are all under 10 minutes. Summary In this episode, Eric Schleien discusses how to play GameStop (GME) from a value investing standpoint and what he is doing around selling Put Options. About Eric Schleien Over the past decade, Eric has trained thousands of individuals including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com

I discuss why I hate shorting stocks and discuss the recent example of GameStop (GME).   About Eric Schleien Over the past decade, Eric has trained thousands of individuals including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA. Help Out The Podcast If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com