Podcasts about Value investing

Connect With Me / Newsletter & Free Webinarshttps://www.learnwithstanley.comGet our Book "Value Investing in Asia"Book Depository: https://bit.ly/3eQg43cAmazon: https://amzn.to/2xXCTRA• Podcast: https://open.spotify.com/show/0InGABQDZ0o2GdHltMUdIaAll views or opinions articulated on the website and offical portal are expressed in our personal capacity and do not in any way represent those of the company, our employers and other related entities.All posts and published materials made do not constitute to being investment advice or recommendations. We do not take responsibility whatsoever for any loss or damage of any kind incurred from opinions or facts made from this website. We do not take responsibility for any factual inaccuracies error that we might made. All posts may be edited in the future.Disclaimer: All information is provided by Stanley Lim, a wealth advisor with iFast Global Market. However, any information provided during our webinar or podcast are meant purely for informational and investor educational purposes and should not be relied upon as financial advice. No information is presented with the intention to induce any reader to buy, sell, or hold a particular investment product or class of investment products. Any information, commentary, advice or statements of opinion provided here are for general information and educational purposes only. It is not intended to be any form of investment advice or a solicitation for the purchase or sale of securities. Before purchasing any discussed securities, please be sure actions are in line with your investment objectives, financial situation and particular needs. International investors may be subject to additional risks arising from currency fluctuations and/ or local taxes or restrictions. The information contained in this publication are obtained from, or based upon publicly available sources that we believe to reliable, but we make no warranty as to their accuracy or usefulness of the information provided, and accepts no liability for losses incurred by readers using research. Content, information, commentary and opinions are subject to change without notice. Please remember that investments can go up and down, including the possibility a stock could lose all of its value.In particular, you must NOT treat the Website, our forum or social channel including our YouTube Channel as a financial or investment advisory service. The information on our platforms is provided on a general basis without taking into account your specific investment objectives, financial status and particular needs. If you need specific financial advice, remember to speak to me on an individual level to see how iFast Global Market and I can help you.By viewing this channel, you specifically agree that none of the information provided constitutes financial or other professional advice.

In this season 6 episode of First Look ETF, Stephanie Stanton ‪@etfguide‬ examines the latest ETF marketplace trends with NYSE and guests. The guest lineup for this episode includes:1:12 1. Ethan Hertzfeld, NYSE3:25 2. Nicholas D. Parcharidis, CFA Managing Director, iCapital m+ ETFs07:31 3. Yung-Shin Kung, Chief Investment Officer, Mast Investments11:47 4. Mark Goodwin, CEO of North Square Investments*********First Look ETF is sponsored by the New York Stock ExchangeLearn more at https://www.ETFCentral.comWatch us on YouTube (Link http://www.youtube.com/etfguide)Follow us on Twitter @ETFguide (Link https://twitter.com/etfguide)Visit us at ETFguide.com (https://www.etfguide.com)

Rapha Avellar conversa com Pedro Velloso, que lidera a BU de Beauty da P&G na América Latina, sobre como adaptar uma marca a cada região de um país continental como o Brasil, sem perder a identidade que precisa ser a mesma em qualquer lugar.Neste episódio, você vai descobrir:→ Como a P&G decide o que precisa ser igual no Brasil inteiro, e o que precisa mudar por região, usando o case do Downy Seiva de Alfazema, criado especialmente pra Bahia.→ O modelo dos "cinco vetores de superioridade" que a P&G usa pra desenvolver a categoria inteira, em vez de brigar só por fatia de mercado.→ Por que ele trata criador de conteúdo como parceiro de negócio, e não como canal, citando como o cérebro humano toma 95% das decisões no piloto automático.→ O case por trás do Sérum Bambu da Pantene: a pesquisa que descobriu que 65% das consumidoras brasileiras tinham o frizz como maior preocupação do dia a dia.→ O dado de uma pesquisa global mostrando que 85% das brasileiras acreditam que beleza é algo alcançável, contra apenas 35% das americanas.→ Como uma empresa de quase 200 anos mantém gente décadas em casa, e o que isso muda na forma de tomar decisão de longo prazo.→ A reinvenção da Pampers diante da queda da taxa de natalidade global, e por que a resposta não foi aumentar preço.Prepare-se para insights que podem transformar sua visão sobre marketing e liderança. Não esqueça de se inscrever e deixar seu like!---

¿Puede la dolarización ser una alternativa al programa del FMI para Bolivia? En esta entrevista con Correo del Sur, Mauricio Ríos García explica por qué ambas opciones no necesariamente son excluyentes y cómo la dolarización podría facilitar el cumplimiento de los objetivos de estabilización planteados por el FMI. Se abordan los efectos de la dolarización sobre la inflación, el sistema bancario y financiero, el crédito, las tasas de interés, el déficit fiscal y la confianza de los ciudadanos y los inversionistas. También se plantea una propuesta concreta de transición hacia una economía dolarizada y el papel que tendría la eliminación del encaje legal y de la política monetaria discrecional. Una conversación sobre la crisis económica boliviana, la pérdida de valor del boliviano y las alternativas para recuperar la estabilidad y la confianza. Adquiere en Amazon mi último libro, "Auge y Decadencia de Bolivia (2003 - 2023): Ciclo Austríaco, Value Investing y Dolarización". _______________ Encuéntrame en más redes: Web: http://riosmauricio.com​​​​ X/Twitter: https://x.com/riosmauricio​​​​ https://www.linkedin.com/in/riosmauricio/ Facebook: https://www.facebook.com/riosmauriciocom Patreon: https://patreon.com/riosmauricio

In this episode of the Planet MicroCap Podcast, we brought back the Investors Roundtable - our first since 2022 - with Maj Soueidan of GeoInvesting, Tim Heitman of Investing 501, and Mathieu Martin of the Rivemont MicroCap Fund. With the Russell MicroCap up roughly 27% year to date, we dig into what's actually driving that move, what's worked and what hasn't for our panelists, and whether this rally feels earned or fragile. We run through the Good, Bad, and Ugly from August 2026 earnings season - including a report that looked ugly on the surface but told a very different story underneath. We also close out with each guest's highest conviction idea right now and where they're looking heading into 2027. For more information about GeoInvesting, Investing 501 and Rivemont MicroCap Fund, please visit: https://geoinvesting.com/ | https://substack.com/@investing501 | https://rivemont.ca/en/alternative-funds/rivemont-microcap-fund/  Chapters: 00:00 Introduction to the Investors Roundtable 02:10 Market Overview and Rally Drivers 03:41 Discipline in the Current Rally 05:09 Value Investing in the Age of AI 07:03 Russell MicroCap Composition and Performance 08:30 Sector Contributions to MicroCap Rally 14:14 Portfolio Strategies and Sector Challenges 17:37 Cannabis Stocks and Sector Opportunities 22:05 What Has Worked and What Hasn't in 2026 44:53 Earnings Season Highlights and Key Reports 01:07:25 Looking Ahead to 2027: Trends and Themes 01:17:41 Follow the Experts: Social and Newsletter Links Planet Microcap hosts the highest quality in-person microcap events in North America. The mission is to bring the best microcap investors, companies, and allocators together to gather, connect, and grow.; visit https://planetmicrocap.com/ to learn more about our Las Vegas and Toronto events. This presentation is for informational purposes only and should not be construed as a recommendation to purchase or sell any security referenced herein. Planet MicroCap Holdings LLC and MicroCapClub LLC (collectively, “we” or “our”) are not licensed brokers nor registered investment advisors. We, our partners, contractors, members, subscribers, guests, or affiliates may or may not hold positions in one or more of the securities mentioned in this presentation and may trade in such securities at any time. We may have received cash compensation from one or more participants for presenting at past, present, or future events. We recommend you consult a licensed investment adviser, broker, or legal counsel before purchasing or selling any securities referenced in this presentation.

Rapha Avellar conversa com Danielle Sardenberg, Diretora de Marketing do PicPay, sobre o que muda na construção de marca quando a experiência do cliente inteira acontece dentro de um aplicativo, sem agência, sem gerente, sem paredes.Neste episódio, você vai descobrir:→ O chamado "Design de Deus" que ela usa antes de mudar qualquer coisa numa marca nova: duas orelhas, uma boca, entender a história antes de julgar o que já foi feito.→ A campanha de CRM que nasceu de um dado real de desigualdade salarial (mulheres pagando menos juros que homens no crédito) e virou uma campanha 360 de TV com as próprias colaboradoras do banco.→ Por que ela topou reencontrar o mesmo parceiro comercial, o Igor, em duas empresas diferentes, e o que anos de confiança construída mudam na forma como um time toma risco.→ O antropólogo que explica por que o cérebro reptiliano sempre vence na hora de decidir onde colocar o dinheiro.→ "O aplicativo é a materialização da minha empresa": por que ela trata o próprio app como a agência da marca.→ Como uma marca pode ser leve e bem-humorada sem perder a credibilidade que uma instituição financeira precisa ter.→ O que ela aprendeu liderando a marca Personnalité sobre como o cliente de alta renda se comporta diferente do cliente de massa.Prepare-se para insights que podem transformar sua visão sobre marketing e liderança (e não esqueça de se inscrever e deixar seu like)!

Rapha Avellar conversa com Carolina Mega, que lidera o marketing de Magnum, Kibon e Ben & Jerry's no Brasil, sobre como pensar estratégia de marca numa categoria tão dependente do calendário e do impulso quanto sorvete.Neste episódio, você vai descobrir:Por que ela defende uma cultura de tolerância ao erro, e onde estão os limites que não podem ser cruzados mesmo assim.A aposta arriscada de transformar figurinhas de WhatsApp em cupom de desconto para sorvete, durante a Copa, numa parceria com Guaraná Antártica e iFood.Por que ela quis voltar do SXSW "menos inteligente e mais prática", em vez de tentar consumir todo o conteúdo do evento.O que muda quando uma marca decide "delegar" a própria identidade para um creator, e por que isso já foi impensável para quem, como ela, aprendeu marketing num modelo mais protetor de marca.Como a Magnum equilibra liberdade global e local entre marcas do próprio portfólio, da mais séria à mais lúdica.Por que patrocinar o Rio Open no verão e o Taste Festival no inverno faz parte da mesma estratégia, sem pensar em calendário sazonal.Prepare-se para insights que podem transformar sua visão sobre marketing e liderança!---

Connect With Me / Newsletter & Free Webinarshttps://www.learnwithstanley.comGet our Book "Value Investing in Asia"Book Depository: https://bit.ly/3eQg43cAmazon: https://amzn.to/2xXCTRA• Podcast: https://open.spotify.com/show/0InGABQDZ0o2GdHltMUdIaAll views or opinions articulated on the website and offical portal are expressed in our personal capacity and do not in any way represent those of the company, our employers and other related entities.All posts and published materials made do not constitute to being investment advice or recommendations. We do not take responsibility whatsoever for any loss or damage of any kind incurred from opinions or facts made from this website. We do not take responsibility for any factual inaccuracies error that we might made. All posts may be edited in the future.

My guest today is Professor Paul Johnson, a veteran value investor, long-time Columbia and Fordham professor, and co-author of The Enduring Value of Roger Murray, Pitch the Perfect Investment, and The Gorilla Game. He's taught in the same value investing tradition that runs from Benjamin Graham through Roger Murray, and he brings both a practitioner's and a historian's eye to our conversation today.02:10 – Origin story: a teenage bet on a gold penny stock turned $250 into $2,500 and hooked Paul on markets with "no physical labor."08:46 – Debut theory: the '73–'74 crash plus the rise of relative performance permanently reshaped investing after Graham.10:54 – Buffett's 1991 letter: value and growth investing are "basically the same thing" — the label "value investing" is redundant.24:54 – Correction for the record: David Dodd, not Murray, taught Security Analysis until 1961.27:04 – Murray's core contribution: rigor and discipline — illustrated by the Leon Cooperman "400-number table" story.33:26 – The magnet metaphor: intrinsic value pulls price toward it over time, though price can overshoot or undershoot.42:28 – Paul pushes back on his own construct: ignoring the future still means betting value stays stable.47:39 – Bruce Greenwald's addition: sustainable competitive advantage, and the 1997 "Competitive Advantage Period" paper with Mauboussin.51:53 – Why growth concentrates in mega-caps: scale, internet infrastructure, and the "optionality" to acquire threats early.58:45 – Framing device: "What if AI is just a normal disruptive technology?" — like electricity or the internal combustion engine.01:16:14 – "I say the key to investment" — a superior value estimate plus the ability to hold through volatility.01:17:33 – A Buffett-adjacent friend rode $10K to $1B because he "didn't want to disappoint Warren."Podcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed.

Rapha Avellar se aprofunda em uma conversa reveladora com Alan Spector, CMO da L'Oréal Brasil, sobre como uma marca de mais de 115 anos decide o que muda e o que nunca muda na forma de vender beleza.Neste episódio, você vai descobrir:Por que a L'Oréal se recusa a usar rostos criados por IA em qualquer campanha, de qualquer marca do grupo.Como o case do Derma Club virou uma máquina de conteúdo sem colocar em risco o equity médico das marcas.Por que a L'Oréal trocou poucos macroinfluenciadores por milhares de microinfluenciadores, anos antes disso virar tendência de mercado.O que a cultura de resultado implacável da Ambev ensinou Alan sobre construção de marca, e o que ele deixou pra trás.Como a empresa decide em que apostar num mundo onde a tecnologia muda mês a mês.Prepare-se para insights que podem transformar sua visão sobre marketing e liderança. Não esqueça de se inscrever e deixar seu like!---

One of the best leadership hand offs from one generation to the next in all of scripture occurs between the Prophet Elijah and his eventual successor Elisha. Elijah mentors and models what it means to be effective as a prophet of God for the Jewish people. As we consider how we invest in the next generation these two have some important lessons for us to learn.

Seit Jahren beschäftigt sich Mario Herger mit den Technologien, die ganze Branchen verändern könnten: autonomes Fahren, künstliche Intelligenz und humanoide Robotik. Im Gespräch mit Tobias Kramer wird daraus eine sehr konkrete Anlegerfrage: Welche Unternehmen profitieren von diesen Umbrüchen – und welche geraten trotz scheinbar günstiger Bewertung strukturell ins Hintertreffen? Herger erklärt seine Investmentlogik am Beispiel von Nvidia und den Technologien rund um Robotik und KI. Gleichzeitig zeigt Waymo, wie aus jahrelanger Forschung inzwischen ein kommerzielles Geschäft mit Millionen bezahlter Fahrten wird. Technologie allein genügt dabei nicht: Kapital, Management, langer Atem und die Fähigkeit zur Monetarisierung entscheiden mit darüber, wer neue Märkte tatsächlich besetzen kann. Genau hier beginnt die Bewertungsdebatte. Bei Tesla spiegeln sich Daten, Patente, Prozesswissen und große Zukunftserwartungen in einer enormen Börsenbewertung wider, während traditionelle deutsche Autobauer trotz großer materieller Substanz deutlich niedriger bewertet werden. Herger hält Volkswagen, Mercedes und BMW dennoch nicht für die attraktivere langfristige Anlage. Auch Management-Anreize und unterschiedliche Kapitalmärkte spielen für ihn dabei eine zentrale Rolle. Für Anleger stellt sich damit eine unbequeme Frage: Reichen KGV, heutiger Cashflow und vermeintlich günstige Bewertung noch aus, wenn technologische Umbrüche ganze Geschäftsmodelle verschieben? Oder lässt sich die Marktstimmung gegenüber Zukunftsunternehmen längst nicht mehr allein mit klassischen Bewertungsmaßstäben erklären? Eine Aktienanalyse über Value Investing im technologischen Wandel, Cashflow und Bewertung, KGV und Zukunftserwartungen sowie die Investmentperspektiven für Nvidia, Tesla, Volkswagen, Mercedes und BMW – und die Frage, wie sich langfristige Echtgeld-Investmentstrategien verändern müssen, wenn neue Geschäfts- und Plattformmodelle bestehende Märkte angreifen.

What if becoming a better investor has less to do with finding new ideas—and more to do with deepening your commitment to timeless ones?In this returning episode of the Value Investor Series, Jay Doran welcomes back Aleck Arena of Arena Securities for a thoughtful conversation on the evolution of value investing, long-term thinking, and the discipline required to remain intellectually honest in an increasingly fast-moving financial world. Together, they explore why successful investing isn't driven by constant action, but by patience, conviction, and the willingness to wait for the right opportunity. Aleck reflects on the lessons that haven't changed, why great investors often refine rather than reinvent their philosophies, and how community, mentorship, and mental models shape better decision-making over decades—not months. The discussion extends beyond markets into philosophy, faith, and the importance of remaining grounded when the world encourages constant movement. In this episode, you'll discover:Why value investing is built on refinement rather than constant innovationThe meaning behind Warren Buffett's quote: "The stock market is there to serve you, not instruct you."How patience becomes a competitive advantage in investingWhy portfolios reveal an investor's true philosophy more than public statements ever canThe role of community and trusted mentors in maintaining intellectual disciplineWhy inactivity is often the right investment decisionThe relationship between philosophy, mental models, and long-term capital allocationHow conviction differs from stubbornness when evaluating investmentsWhy the greatest investors measure success over decades, not quartersThroughout the conversation, Aleck emphasizes that investing is not a game of constant prediction. It is the steady application of sound principles over long periods of time. Great investors don't chase every opportunity—they patiently wait for the few opportunities that truly deserve action. The episode concludes with a heartfelt tribute to fellow investor Guy Spier, as Aleck shares words of encouragement and support following a difficult diagnosis, reminding listeners that while investing is important, the relationships built along the journey matter even more. In the end, successful investing isn't about being the busiest person in the market.It's about remaining faithful to a philosophy that continues to prove itself over time.Because the greatest returns often belong to those with the greatest patience. 

Stephen Grootes speaks to Grant Nader, Portfolio Manager at Benguela Global Fund Managers, and Wayne McCurrie about the difference between quality and value investing, two distinct approaches to selecting shares. They look at what investors are actually buying with each strategy, how quality businesses differ from undervalued stocks, and why understanding the trade-off between price, business strength and long-term potential matters when building a portfolio. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Value investing spent fifteen years out of fashion. This year, it's beating the index almost everywhere you look — energy up roughly 20%, industrials 17%, healthcare 15%, utilities 14%, financials 12% — while the S&P 500 sits near 8–9%. This week we dig into the return of value investing and what the greatest investors of all time can teach us right now. On this week's Money On Tap, we go deep on the tradition that runs from Benjamin Graham through Warren Buffett and Charlie Munger: buying good businesses at sensible prices, collecting the dividends they pay you, and letting compounding do the heavy lifting. We explain why value went dark from roughly 2009 to 2025 — cheap money was rocket fuel for growth stocks — and why higher interest rates have flipped the script: growth borrows, value pays you. We connect the rotation to worn-out tech traders taking gains, the 401(k) flywheel, and the demographic engine underneath it all — roughly 10,000 baby boomers reaching retirement age every day, all needing present-day income. Plus Pepsi's 53-year dividend streak and a candid conversation about when mutual funds and ETFs stop making sense and direct stock ownership starts. What you'll learn:The sector scoreboard: energy ~20%, industrials ~17%, healthcare ~15%, utilities ~14%, financials ~12%, staples ~9% — vs. the S&P 500 near 8–9%Graham vs. Buffett: buy cheap and sell at fair value, or buy outstanding businesses and hold for decadesMunger's rule: "The big money is not in the buying or the selling, but in the waiting"Why low interest rates buried value for fifteen years — and why higher rates brought it backMargin of safety: the idea that protects you when you're wrongWhy money is rotating into companies that pay you to own them — dividends over promisesThe demographic engine: 10,000 boomers a day retiring and the demand for present-day incomeThe compounding story: Buffett's American Express dividends now exceed his entire original investment — every yearWhen funds stop making sense: the case for direct stock ownership at higher net worthPlus Money In The News:SpaceX says it's coming for AT&T, Verizon, and T-Mobile customers — but does satellite cell service actually work?The Treasury has refunded $100 billion in invalidated tariff revenue to companies — and none of it is coming back to youA tale of two housing markets: luxury demand surges while starter-home buyers finally see inventoryWant a white paper on this week's topic? Email us at info@yourmoneyontap.com and we'll send it over. Read our most recent Blog Post on this topic here: https://www.fmgwebsites.com/d772de05-9833-44e4-9676-f510f85cef74/blog/the-return-of-value-investing-why-boring-profitable-companies-are-winninSchedule a free consultation: https://app.greminders.com/t/9f3ce72e/initialconsultaBrowse the full Money On Tap library: https://www.brayshawfinancial.com/money-on-tap Contact UsPhone: 855-226-8551Email: info@yourmoneyontap.comOffice: 116 South River Road, Bedford, NH 03110Web: brayshawfinancial.comSecurities and advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. All other services offered through Brayshaw Financial Group, LLC are independent of Osaic Wealth, Inc. Osaic Wealth, Inc. and Brayshaw Financial Group do not provide tax or legal advice. Index and sector figures cited are approximate year-to-date values as of the air date, drawn from sources believed reliable, and subject to change. Dividend payments are not guaranteed and may be reduced or eliminated at any time. Past performance is not a guarantee of future results.What is value investing and why is it working again in 2026?Value investing means buying strong, profitable, often dividend-paying companies at sensible prices and holding them patiently — the approach built by Benjamin Graham and made famous by Warren Buffett and Charlie Munger. It struggled while near-zero interest rates favored growth stocks, but higher rates flipped the equation: in 2026, value sectors like energy (~20%), industrials (~17%), and healthcare (~15%) are outpacing the S&P 500's roughly 8–9%. The appeal is simple — instead of borrowing to chase growth, these companies pay shareholders real income today, and reinvested dividends compound over decades.

NBIW #256 | Blitz-Depot 024 Sechs Monate lang blieben die Depots unangetastet. Keine Käufe aufgrund kurzfristiger Schlagzeilen, keine Verkäufe aus Unsicherheit. Im traditionellen Halbjahresrückblick vergleichen wir die Entwicklung unserer Echtgelddepots mit Einzelaktien und ziehen Bilanz über das erste Börsenhalbjahr 2026. Dabei stehen nicht nur Performance und Einzelwerte im Mittelpunkt, sondern auch die Frage, welche Erkenntnisse sich aus einem von geopolitischen Ereignissen und technologischen Veränderungen geprägten Marktumfeld ableiten lassen.

In today's episode, we welcome Don Wordell, CFA, Chief Investment Officer of Ceredex Value Advisors, an institutional asset manager specializing in value-oriented domestic small, mid and large cap equity strategies. Don has been with the firm since 1996, starting with Ceredex's predecessor firm as a research analyst covering value equity strategies. He became portfolio manager of the Mid-Cap Value Equity strategy in 2001 and portfolio manager of the Small Cap Value Equity strategy in 2023. Don earned a B.S. in finance and an M.B.A from the University of Central Florida. He has been a Chartered Financial Analyst (CFA®) charterholder since 2004. In our conversation, Don discusses his transition into the CIO role, Ceredex's investment philosophy, and why valuation alone is never enough to make a stock attractive. We explore the changing small-cap landscape, the impact of private equity on public markets, and why active management remains critical in less efficient areas of the market. A major focus of the discussion is the emergence of the "Physical Economy." While much of the market remains focused on software and mega-cap technology companies, Don argues that many of the most compelling AI-related opportunities may be found in the power, infrastructure, manufacturing, cooling, and data center ecosystems required to support AI's growth. Today's hosts are Steve Curley, CFA (Co-Managing Principal, 55 North Private Wealth) and Jeff Goll, CFA (Head of Capital Markets, Hillpointe) Please enjoy the episode. You can follow us on LinkedIn or at InvestorsFirstPodcast.com. Show Notes: Whitepaper: Finding Value in the Physical Economy: https://www.ceredexvalue.com/articles/finding-value-in-the-physical-economy Ceredex Value Advisors: https://www.ceredexvalue.com

This episode is a journalistic and cultural overview of the 2026 Value Investing Seminar.The companies and financial instruments mentioned appear solely because they were analysed by the speakers during the conference. This content does not constitute a public offering, a solicitation of investment, financial research, a personalised recommendation, or an invitation to buy, sell or hold financial instruments.The assessments presen ted belong to the individual speakers and are discussed from a critical and informational perspective. Every financial decision requires an independent assessment and, where necessary, thesupport of an authorised professional.Not a list of stock picks, but a method for asking better questions. On July 9 and 10, 2026, in Trani, investors, analysts, fund managers, and entrepreneurs from various countries gathered for the twenty-second edition of the Value Investing Seminar. In this new episode of the Inside Finance Podcast, we revisit the key themes that emerged from the conference: from artificial intelligence to the quality of invested capital, from market valuations to governance, and the increasingly decisive role of human judgment in a world dominated by data, narratives, and tools capable of generating instant answers.We will discuss the theses presented by the speakers regarding widely diverse companies, sectors, and business models: microfinance, digital tourism, gaming, semiconductors, AI, insurance, digital platforms, natural resources, and companies undergoing transformation. Yet, a single common thread runs through it all: distinguishing a low price from a true margin of safety, separating growth from value creation, and understanding when an investment thesis remains valid versus when it needs to be challenged.This episode is dedicated to those who want to look beyond market fads and understand value investing not as a formula, but as a discipline, a method, and a form of independent thinking. Because, in an increasingly fast-paced market, the real rarity isn't information. It's judgment. If you wish to delve deeper into the topics covered in this episode, you can find the accompanying newsletter on the Il Valore Conta website, curated by Roberto Russo and Filippo Pasini. For more information: info@ilvaloreconta.it This podcast is intended solely for informational and educational purposes. It does not constitute financial advice or an investment recommendation. The opinions expressed reflect the views of the authors. Enjoy the episode.

Non una lista di titoli, ma un metodo per fare domande migliori.A Trani, il 9 e 10 luglio 2026, investitori, analisti, gestori e imprenditori da diversi Paesi si sono riuniti per la ventiduesima edizione del Value Investing Seminar.In questa nuova puntata di Inside Finance Podcast, ripercorriamo i temi più rilevanti emersi dal convegno: dall'intelligenza artificiale alla qualità del capitale investito, dalle valutazioni di mercato alla governance, fino al ruolo sempre più decisivo del giudizio umano in un mondo dominato da dati, narrazioni e strumenti capaci di produrre risposte immediate.Parleremo delle tesi presentate dai relatori su società, settori e modelli di business molto diversi tra loro: microfinanza, turismo digitale, gaming, semiconduttori, AI, assicurazioni, piattaforme digitali, risorse naturali e imprese in trasformazione.Ma il filo conduttore resta uno solo: distinguere un prezzo basso da un vero margine di sicurezza, separare la crescita dalla creazione di valore e capire quando una tesi di investimento è ancora valida oppure deve essere messa in discussione.Un episodio dedicato a chi vuole andare oltre le mode di mercato e comprendere il value investing non come una formula, ma come disciplina, metodo e pensiero indipendente.Perché, in un mercato sempre più veloce, la vera rarità non è l'informazione.È il giudizio.Se volete approfondire i temi di questa puntata, trovate la newsletter sul sito Il Valore Conta, a cura di Roberto Russo e Filippo Pasini.Per maggiori informazioni: info@ilvaloreconta.itQuesto podcast ha finalità esclusivamente informative e divulgative.Non costituisce consulenza finanziaria né raccomandazione di investimento.Le opinioni espresse riflettono il punto di vista degli autori.Buon ascolto.

¿Sigue teniendo sentido el Value Investing en la era de la Inteligencia Artificial? Pedro Escudero, gestor y fundador de Silverway Asset Management, lo tiene muy claro: el value investing clásico que se enseña en España está incompleto y te hace "correr la maratón cojo". Hosted on Acast. See acast.com/privacy for more information.

Today on the podcast, we're delighted to welcome back Jeremy Grantham to discuss his book, The Making of a Permabear: The Perils of Long-term Investing in a Short-term World, which he co-authored with Edward Chancellor. Jeremy is the long-term investment strategist at his namesake firm, Grantham, Mayo, Van Otterloo & Company, or GMO, which he co-founded in 1977. He serves on GMO's asset-allocation committee and board of directors. Prior to GMO, Jeremy was co-founder of Batterymarch Financial Management and, before that, was an economist at Royal Dutch Shell. He earned his undergraduate degree from the University of Sheffield and his MBA from Harvard University. Jeremy is a member of the Academy of Arts and Sciences, holds a CBE from the UK, and is a recipient of the Carnegie Medal of Philanthropy. In 1997, he and his family started the Grantham Foundation for the protection of the environment, which supports research and action to address climate change. Episode Highlights 00:00:00 Writing Permabear With Edward Chancellor 00:06:44 Value Investing and Identifying Market Bubbles 00:15:07 Current Market Outlook and Valuation Risks 00:20:28 Value Discipline, SpaceX's IPO, and Past Market Bubbles 00:27:26 Speculative Trading, Indexing, and Zero‑Sum Markets 00:34:24 Market Inefficiencies, Small-Cap Stocks, and the Greater Fool Theory 00:43:27 Artificial Intelligence Hype, Attractive Assets, and Market Pessimism 00:47:02 Climate Risks, Resource Constraints, and Shrinking Populations More From Morningstar 3 Warnings for Investors From the Ultimate Contrarian Ben Carlson: Exploring Risk and Reward What Today's Index ETFs Get Right, and Wrong, for Investors If you have a comment or a guest idea, please email us at TheLongView@Morningstar.com. Follow Christine Benz (@christine_benz) and Ben Johnson (@MstarBenJohnson) on X, and Christine Benz, Amy Arnott, and Ben Johnson on LinkedIn. Visit Morningstar.com for new research and insights from Christine, Ben, and Amy. Subscribe to Christine's weekly newsletter, Improving Your Finances. If you want more Morningstar podcasts, check out The Morning Filter and Investing Insights. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

En esta entrevista con Gonzalo Recarte, director general de Cobas Asset Management y fundador de Value School, analizamos si el value investing como filosofía de inversión sigue teniendo sentido en un mundo dominado por la IA. Hosted on Acast. See acast.com/privacy for more information.

Don takes listeners on a journey through nearly four decades of investment advice, explaining how his thinking evolved from recommending active mutual funds in the 1980s to embracing index funds, factor investing, and eventually ETFs. Along the way, he and Tom discuss Vanguard's rise, Don's early relationship with Paul Merriman, the emergence of Dimensional Fund Advisors and Avantis, and why their recommendations have changed over time. They also address listener skepticism about fund recommendations, compare Avantis and Vanguard products, answer a tax-efficient portfolio rebalancing question from a retired couple, and debunk a marketing pitch for “layered income portfolios.”0:08 Don shares the story of his early days giving investment advice from Leadville, Colorado2:56 The active management era and why great fund managers were once considered essential3:52 Vanguard's early growth and the gradual acceptance of index investing5:38 Don discusses Vanguard sponsoring his radio show and maintaining disclosure transparency6:55 Paul Merriman introduces factor investing and Fama-French research9:10 Early Dimensional Fund Advisors portfolios and advisor-only access10:56 The rise of ETFs, Dimensional's hesitation, and Avantis' origins11:23 The 2010 ETF flash crash and why Tom and Don were initially cautious13:29 Why factor investing remains compelling despite uncertain future returns14:20 Addressing listener skepticism about Avantis recommendations16:07 Comparing AVUV and Vanguard VBR small-cap value funds17:44 Comparing AVGE and Vanguard VT global equity funds19:15 Clarifying compensation, conflicts of interest, and transparency21:27 Listener Anton asks about tax-efficient portfolio rebalancing in retirement26:03 Why holding bonds inside IRAs can improve tax efficiency27:23 Discussion of Roth conversion strategies and tax considerations30:20 Listener asks about “Layered Income Portfolios”31:05 Why income portfolio marketing pitches are often more sales than substanceQuestions? Comments? Click!

NBIW #254 | Börsenticker 025 Best Buy gehört zu den bekanntesten Elektronikhändlern der USA. Während stationäre Handelsketten vielerorts unter Druck geraten und der Onlinehandel weiter Marktanteile gewinnt, gelingt es dem Unternehmen bislang, profitabel zu bleiben. Die jüngsten Geschäftszahlen zeigen zwar leicht rückläufige Umsätze, gleichzeitig lag der Gewinn je Aktie über den Erwartungen. Im aktuellen Börsenticker geht es deshalb um die Frage, wie belastbar das Geschäftsmodell ist und welche Perspektiven sich für Anleger ergeben.

My subconscious melded Fiddler on the Roof with the lecture from a few days earlier, and I ended up writing a chapter about the Jewish farmer Tevye buying a cow, Golde (which he named after his first wife). The post Fiddler on the Roof and Value Investing – Ep 292 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Bitcoin is breaking down, AI is attracting all the capital, and crypto may be entering an entirely new market regime.This week on The Hivemind, the team debates where Bitcoin is headed, why assets like HYPE, Venice, and Lighter are outperforming despite BTC weakness, the future of Hyperliquid, Ethena's Coinbase partnership, and whether crypto is finally becoming a market driven by fundamentals instead of Bitcoin alone.TIMESTAMPS00:00:00 Introduction & Is Bitcoin Cooked?00:05:44 Saylor, Bitcoin Liquidity & Market Structure00:12:28 Why Crypto Is Finally Detaching From Bitcoin00:19:06 The New Altcoin Market & Capital Rotation00:22:35 Why HYPE's Outperformance Matters00:26:22 Zcash, Value Investing & Crypto Fundamentals00:31:57 Hyperliquid, Lighter & Crypto's First Compounders00:33:47 Can Crypto Thrive While Bitcoin Stagnates?00:38:32 Why Retail Left Crypto For AI & Stocks00:40:46 BlackBerry, Equities & Staying In Your Circle Of Competence00:47:54 Lighter Deep Dive00:53:16 Kalshi, Perpetual Futures & Regulatory Tailwinds00:55:03 Polymarket's UMA Problem01:07:09 Ethena x Coinbase Explained01:16:43 Bitcoin To $49K? Jason's Bear Case01:19:43 Can HYPE Keep Going Higher?Link to our Youtube: https://www.youtube.com/@Delphi_DigitalFollow Ceteris: ⁠https://x.com/ceterispar1bus⁠ Follow Jason: ⁠https://x.com/3xliquidated⁠ Follow Yan: https://x.com/YanLibermanFollow Flip: https://x.com/trevor_flipperFollow Kevin: https://x.com/Kevin_Kelly_II

Key Takeaways: Look at the Bigger Economic Picture: Successful investing today requires understanding entire economic systems, not just individual stocks or assets. The Dollar Faces Long-Term Challenges: Changes in the financial system are causing people to rethink how value is measured and stored beyond traditional currencies. History Still Teaches Important Lessons: Financial families and systems from history show the importance of investing in strong foundations and long-term infrastructure, not just short-term profits. Infrastructure Creates Real Value: Networks like energy, transportation, technology, and financial systems hold lasting value because they support how economies function. Adapt to Economic Shifts: Paying attention to liquidity, market changes, and larger economic trends can help investors position themselves more effectively during times of transition.   Chapters: Timestamp Summary 0:00 The Renaissance of Value Investing in a Modern Economy 4:24 Understanding the Dollar System's Stability Amid Global Financial Chaos 11:02 The Impact of Savings Premiums on Housing and Stock Markets 13:19 Understanding Money: Collateral, Credit, and Utility Explained 19:17 Valuing Real Estate and Assets Through Conservative Financial Strategies 26:23 Old Money Math and Network Valuation in Venture Capital 28:38 Navigating Financial Markets Through Value Investing and Bitcoin   Powered by Stone Hill Wealth Management   Social Media Handles    Follow Phillip Washington, Jr. on Instagram (@askphillip)   Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/   Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!   WBMS Premium Subscription   Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

In this week's Stansberry Investor Hour, Dan welcomes Matthew Tuttle to the show. Matthew is the CEO of Tuttle Capital Management, a firm that focuses on breaking away from conventional Wall Street wisdom by using its own ETFs that target new investment opportunities.   Matthew kicks things off by discussing the "death of value investing" and what he believes is contributing to it. First, with the advent of the Internet, information was more accessible to ordinary people, so a lot of the edge from learning crucial details was lost. Second, folks lost interest in value investing. When COVID-19 struck, a lot of new investors spent their stimulus checks on meme stocks instead of solid companies. But while Matthew thinks it's dead, he says the new value stocks are in heavy assets, low obsolescence ("HALO") investing. These are stocks with physical assets, so it's unlikely that even AI could disrupt them. (0:00)   Next, Matthew shares his disdain for exchange-traded funds ("ETFs"). He believes the majority of them "stink" and that if investors want to invest in a theme, they should completely invest in that theme. The problem, he says, is that Magnificent Seven companies are added to an ETF with the businesses having little relation to the theme, and you're probably holding them in several places. Additionally, there are "way too many ETFs, way too many indexes, [and] way too many... investment ideas" that folks are buying into. But one of the bigger problems is that ETFs are being advertised to individual investors using "marketable" people rather than proven and tested portfolio managers. (13:03)   Finally, Matthew shares the framework behind his hedging and asymmetry strategy. With hedging, you want to limit your tailing risk. However, Matthew says that bonds are not a proper hedge, and points out how "Liberation Day" and the Iran conflict saw bonds sell in tandem with stocks. With asymmetry, the idea is to limit your losses instead of your gains. Matthew says that all the top investors he has spoken with had their own methods that made them lots of money when their ideas were correct, but they only lost a little bit of money when they were wrong. It's important that you also set up your strategy work the same way. And Matthew says that going down the supply chain of breakthrough companies helps you find the best investing opportunities. (33:40)

In this week's Stansberry Investor Hour, Dan welcomes Matthew Tuttle to the show. Matthew is the CEO of Tuttle Capital Management, a firm that focuses on breaking away from conventional Wall Street wisdom by using its own ETFs that target new investment opportunities.   Matthew kicks things off by discussing the "death of value investing" and what he believes is contributing to it. First, with the advent of the Internet, information was more accessible to ordinary people, so a lot of the edge from learning crucial details was lost. Second, folks lost interest in value investing. When COVID-19 struck, a lot of new investors spent their stimulus checks on meme stocks instead of solid companies. But while Matthew thinks it's dead, he says the new value stocks are in heavy assets, low obsolescence ("HALO") investing. These are stocks with physical assets, so it's unlikely that even AI could disrupt them. (0:00)   Next, Matthew shares his disdain for exchange-traded funds ("ETFs"). He believes the majority of them "stink" and that if investors want to invest in a theme, they should completely invest in that theme. The problem, he says, is that Magnificent Seven companies are added to an ETF with the businesses having little relation to the theme, and you're probably holding them in several places. Additionally, there are "way too many ETFs, way too many indexes, [and] way too many... investment ideas" that folks are buying into. But one of the bigger problems is that ETFs are being advertised to individual investors using "marketable" people rather than proven and tested portfolio managers. (13:03)   Finally, Matthew shares the framework behind his hedging and asymmetry strategy. With hedging, you want to limit your tailing risk. However, Matthew says that bonds are not a proper hedge, and points out how "Liberation Day" and the Iran conflict saw bonds sell in tandem with stocks. With asymmetry, the idea is to limit your losses instead of your gains. Matthew says that all the top investors he has spoken with had their own methods that made them lots of money when their ideas were correct, but they only lost a little bit of money when they were wrong. It's important that you also set up your strategy work the same way. And Matthew says that going down the supply chain of breakthrough companies helps you find the best investing opportunities. (33:40)

La estrategia que reúne en una sola cartera a Azvalor, Magallanes, Cobas y Horos para ofrecer exposición al value patrio. La estrategia Top Value España de Finizens acumula una rentabilidad neta del 29% desde su lanzamiento el 15 de septiembre de 2025, prácticamente el doble que el MSCI World, que en el mismo periodo —unos ocho meses— ha avanzado un 14,3%. Así lo reveló Kevin Koh Maier, director de inversiones de la gestora, en el programa Tu Dinero Nunca Duerme. La cartera agrupa cuatro fondos de referencia del value español: Azvalor Internacional, Magallanes European, Cobas Selección y Horos Value Internacional. La dispersión de rentabilidades entre ellos ilustra precisamente la tesis que llevó a Finizens a construir el producto: Azvalor lidera con un 43% en el periodo, impulsado por su apuesta en materias primas y energía, favorecida por las tensiones en el Estrecho de Ormuz; Cobas le sigue con un 31%; Magallanes anota un 17%, más en línea con los índices europeos por su mayor diversificación sectorial; y Oros, el de mejor historial a largo plazo en los últimos seis o siete años por su perfil de pequeña capitalización y empresas de crecimiento, cierra el ranking en este tramo concreto. "Lo que no queríamos es que el inversor tuviese que escoger", explicó Giorgio Semenzato, CEO de Finizens. La cartera combina más de 200 posiciones con tesis de inversión distintas y baja correlación entre sí, de forma que la rotación del liderazgo entre gestoras —que históricamente ocurre de manera abrupta— queda capturada automáticamente sin que el cliente tenga que ejecutar ningún cambio. "La belleza de tener una sola cartera es que te despreocupas", señaló Semenzato. Sobre el contexto de mercado, Koh Maier advirtió de la tensión existente entre renta fija y renta variable. Mientras la bolsa global registra rentabilidades en lo que va de año de entre el 8% en Europa y más del 20% en emergentes, el mercado de bonos descuenta mayor inflación futura, con los bonos ligados a la inflación europeos como el activo de renta fija más rentable del año. "Es muy diferente al 2022", matizó, recordando que entonces los precios de partida de la renta fija eran históricamente insostenibles —llegando incluso a tipos negativos— mientras que hoy las tires globales rondan el 4-4,5%, lo que ofrece protección real en escenarios adversos. Respecto al debate growth versus value, el director de inversiones de Finizens considera que la inteligencia artificial es la variable clave para determinar si el ciclo favorecedor del value se prolonga o si Estados Unidos recupera el liderazgo. "Viene un buen momento para el value, pero también para los demás mercados", concluyó.

“I don't look to companies to be moral guides. I want them to be good companies. When you invest in the stock market, you want them to be growing fast and making profit. That's it. There's nothing more to it.” — Keith Teare If it's Saturday, it must be our weekly tech show. Before we went live, That Was the Week publisher Keith Teare told me it wasn't a big news week. He was wrong, of course (as he often is). The really BIG news this week, which Keith conveniently missed, is that Anthropic overtook OpenAI as the world's most valuable AI startup. Dario Amodei's AI startup raised $65 billion this week, putting its valuation at $900 billion, way ahead of OpenAI's last round at $730 billion. Keith says, without any proof, that they've cooked their numbers. Which makes this week's news even tastier. The more interesting story, for Keith at least, is Sam Altman's latest pivot: that humans need stakes in the AI platforms whose wealth they help create. Rather than Patagonia-style moral corporations (which Keith says would make him “throw up”), it should be the responsibility of the state or government to make capitalism more moral. But even slippery Sam got outpivoted this week by Anthropic, who sent a co-founder to Rome to do a deal with the Pope. Leo XIV's new encyclical, “Magnifica Humanitas,” is Anthropic's papal pivot. It's the smart model for value investing in the AI age. Five Takeaways •       Anthropic Tops OpenAI — But the Numbers May Be Wrong: Anthropic raised $65 billion this week at a $900 billion valuation, overtaking OpenAI's last round at $730 billion. The VCs backing it — Green Oaks, Sequoia, Altimeter, Dragoneer — are credible. Andrew's argument: they've seen the books. Keith's counter: the VCs are playing a different game. They expect two to three times their money at IPO and they'll probably get it — not because the revenue numbers are solid, but because the only way is up right now. The real test: the S-1, which requires audited accounts. Keith's prediction: the revenue numbers will look different when the SEC sees them. •       Dario's Credibility Problem — But Claude 4.8 Is Fantastic: Keith has consistently characterised Dario Amodei as “slightly juvenile” and has long been sceptical of Anthropic's public positioning. This week he cites Om Malik and the All In podcast in support of the revenue numbers critique. But he is careful to separate the man from the product: Claude 4.8, released two days ago, is “fantastic.” At SignalRank, Keith's firm, Claude rebuilt an entire agent valuation workflow in an hour that would have taken days manually. Andrew's observation: Andrew is now Anthropic's newest fan. He has replaced Spurs with Anthropic as his team. •       Altman's Pivot: From UBI to Ownership: Sam Altman has shifted his public narrative on AI and labour. Previously: UBI — universal basic income — as the answer to mass unemployment. Now: ownership. Humans need to own stakes in the AI platforms whose wealth they help generate. Not welfare. Not redistribution. Ownership. Keith's verdict: it's an interesting and significant move. More interesting than Amodei's continued fearmongering about AI devastation. Andrew notes that Altman seems to have genuinely grown up in the last two months. His tone is markedly different. •       Patagonia Capitalism Would Make Keith Throw Up: The week's interview of the week: Eric Ries on Incorruptible, arguing that great companies stay great by choosing a higher moral purpose — the Patagonia model. Keith's response: it would make him throw up. He doesn't want companies to be moral guides. He wants them to be profit machines. Moral guidance is the job of politics. And politics, he acknowledges, is massively disappointing. He does agree with Ries on one thing: Sundar Pichai, as an individual, should care about the future. But Google's job is to make money. That's it. •       Where Does Moral Guidance Come From? The Populists: Andrew's closing question: if not corporations, not politicians, not the pope — where does moral guidance come from? Keith's reluctant answer: the populists. Because the people care. They care about the future. And in the absence of politicians they can trust, they go elsewhere. Keith sees this as inevitable rather than desirable. Populism is the unintended consequence of political failure. The people filling the gap that broken institutions left. It's not a solution. It's a symptom. About the Guest Keith Teare is a British-American entrepreneur, investor, and publisher of the That Was the Week newsletter. He is a co-founder of TechCrunch and Andrew's regular TWTW co-host. References: •       That Was the Week by Keith Teare. •       Om Malik, “The Copy and the Guru” — the post on Anthropic's revenue numbers referenced in the conversation. •       All In Podcast — referenced for the Anthropic S-1 revenue discussion. •       Episode 2921: Eric Ries on Incorruptible — the interview of the week discussed in the show. •       Episode 2915: Keith Teare on capitalism and AI — the preceding TWTW, referenced at the opening. About Keen On America Nobody asks more awkward questions than the Anglo-American writer and filmmaker Andrew Keen. In Keen On America, Andrew brings his pointed Transatlantic wit to making sense of the United States — hosting daily interviews about the history and future of this now venerable Republic. With nearly 2,900 episodes since the show launched on TechCrunch in 2010, Keen On America is the most prolific intellectual interview show in the history of podcasting. WebsiteSubstackYouTubeApple PodcastsSpotify Chapters: (00:31) - Introduction: ten days since the last TWTW (01:01) - The big news: Anthropic tops OpenAI at $900 billion (01:53) - Keith's reaction: both true and BS (02:22) - OpenAI is further ahead on IPO filing (03:15) - Om Malik and the revenue numbers: what does misleading mean? (03:41) - The All In podcast and Dario's credibility (04:21) - Anthropic's $65 billion raise: the VCs' game (04:42) - But Claude 4.8 is fantastic: the SignalRank story (06:16) - Dario vs Sam: who's more grown up? (07:00) - Altman's pivot: from UBI to ownership (08:00) - Keith admits he was wrong about OpenAI's dominance (09:47) - What did Keith get wrong? (10:36) - Corporate vs consumer AI dominance (15:00) - Agentic AI: the big theme in Keith's newsletter (20:00) - The pope: Leo XIV and AI (25:00) - Moral cap...

Antes de invertir, toca entender qué estás comprando. En este episodio hablamos con Paco Lodeiro, inversor value, divulgador financiero y creador de Value Investing FM, sobre una de las filosofías de inversión más conocidas —y debatidas— del mercado: el value investing. Paco nos explica qué diferencia una acción barata de una oportunidad real, cómo calcula el valor intrínseco de una empresa, qué significa eso del “margen de seguridad” y por qué la paciencia es tan importante para invertir con criterio. Además, repasamos cómo aplica él esta filosofía hoy, qué sectores y compañías le parecen interesantes y cómo ha cambiado su forma de invertir con los años. Además, en El Corrillo repasamos algunas de las historias más interesantes que hemos visto esta semana en Finect: el regreso de la renta fija como activo atractivo según JPMorgan, por qué las bolsas siguen subiendo pese al conflicto con Irán, el renacimiento de la deuda emergente, el papel de Taiwán y la inteligencia artificial en los mercados, y cómo Europa quiere posicionarse en la nueva carrera espacial. También hablamos del fondo taiwanés que arrasa en 2026 con casi un 100% de rentabilidad gracias al boom de la IA. Enlaces del Corrillo ➡️ JPMorgan AM — Nunca ha habido un mejor momento para entrar en renta fija https://www.finect.com/usuario/eduardogarcia/articulos/jpmorgan-am-nunca-ha-habido-un-mejor-momento-para-entrar-en-renta-fija ➡️ Finect — ¿Por qué suben las bolsas si sigue el conflicto en Irán? https://www.finect.com/usuario/Kaloxa/articulos/por-que-suben-las-bolsas-si-sigue-el-conflicto-en-iran-asi-lo-explica-el-gestor-de-uno-de-los-mayores-fondos-de-jpmorgan-am ➡️ Carmignac — Por qué la deuda emergente vuelve a atraer a los inversores https://www.finect.com/grupos/carmignac/articulos/por-que-la-deuda-emergente-vuelve-a-atraer-a-los-inversores ➡️ BNY Mellon IM — El renacimiento de los mercados emergentes https://www.finect.com/grupos/bny_mellon_im__espana/articulos/el-renacimiento-de-los-mercados-emergentes ➡️ Finect — El fondo “secreto” que más gana en 2026 https://www.finect.com/usuario/avillanuevae/articulos/el-fondo-secreto-que-mas-gana-en-2026-casi-un-100-en-5-meses-invirtiendo-en-taiwan-y-viviendo-del-boom-de-la-ia ➡️ Allianz Global Investors — El espacio como catalizador de inversión en Europa https://www.finect.com/grupos/allianz-global-investors/articulos/el-espacio-como-catalizador-de-inversion-en-europa-que-nos-ensena-artemis-ii Después llega un nuevo Finect Fight!, nuestra sección para enfrentar productos financieros cara a cara. Esta vez analizamos los planes amigo de Trade Republic, OpenBank, BBVA y Abanca: cuánto paga cada uno, qué condiciones exigen y cuál puede tener más sentido según el perfil de cada usuario. Enlaces Finect Fight! ➡️ Finect — Trade Republic, BBVA, OpenBank y Abanca: hasta 700 euros o el 3,04% TAE por invitar a un amigo https://www.finect.com/usuario/davidcarmona/articulos/trade-republic-bbva-openbank-y-abanca-hasta-700-euros-o-el-304-tae-por-invitar-a-un-amigo ➡️ Finect — Hasta 1.200 euros: mejores promociones de bancos por domiciliar la nómina https://www.finect.com/usuario/mariarefojos/articulos/hasta-400-euros-o-un-iphone-los-regalos-que-te-hacen-los-bancos-por-abrirte-una-cuenta Participa y danos tu opinión en comentarios de iVoox o Spotify, o por WhatsApp: 663 160 194. Este contenido se ha elaborado bajo un criterio editorial y no constituye una recomendación ni propuesta de inversión. La inversión contiene riesgos. Las rentabilidades pasadas no son garantía de rentabilidades futuras.

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. We are live every Tuesday at 1.30pm E / 10.30am P.────────────────────── ⁠VALUE OPTIONS LETTER⁠ Three to five curated ideas every week — cash-secured puts, covered calls, and spreads on businesses we'd want to own at strikes we'd be willing to pay. Every trade includes the business thesis in plain English, the fair-value estimate and its key assumptions, the specific option trade with target premium, and the pre-identified exit criteria.Every idea reviewed and approved by an analyst before it hits your inbox.⁠valueoptionsletter.com/subscribe⁠──────────────────────See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Chris is Chairman and Portfolio Manager at Davis Advisors, an independent, employee‑owned investment firm managing $30B as of March 2026, and serves on the board of Berkshire Hathaway. We discuss stewardship and patience as core advantages in value investing, how market cycles test conviction, and the enduring lessons as well as the limits of the Buffett and Munger framework. -This podcast/webcast is provided for informational purposes only and should not be considered legal, tax, investment, or business advice. It is not a solicitation, recommendation, or endorsement. All opinions expressed by participants are their own and do not necessarily reflect the views of the Evoke Advisors Division of MAI Capital Management, LLC ("Evoke”), its affiliates, or any companies mentioned. Information shared has not been independently verified by MAI or its affiliates. MAI Capital Management, LLC (“MAI”) is registered with the U.S. Securities and Exchange Commission ("SEC"), which does not imply any particular level of skill or training.Certain information contained herein has been obtained from third party sources and such information has not been independently verified. No representation, warranty, or undertaking, expressed or implied, is given to the accuracy or completeness of such information by any person.While such sources are believed to be reliable, Evoke does not assume any responsibility for the accuracy or completeness of such information. Evoke does not undertake any obligation to update the information contained herein as of any future date.The content is intended for a general audience and does not constitute a recommendation to buy or sell securities or adopt any investment strategy. Any examples or scenarios discussed are illustrative only, involve risks and uncertainties, and do not guarantee future results. Non-traditional assets carry significant risks and may not be suitable for all investors. Decisions should be based on individual objectives, risk tolerance, and circumstances.Statements herein are general and may not reflect an individual's or entity's specific circumstances or applicable laws, which vary by jurisdiction. Further, speakers' views are personal and may differ from Evoke and MAI recommendations and are not specific investment advice; and do not consider client objectives, risk tolerance, and diversification. Guests may have current or past relationships with Evoke and MAI, its affiliates, or the host, including as clients, service providers, or business partners. Participation does not constitute an endorsement or testimonial. No compensation has been paid or received for guest participation unless disclosed. MAI and its affiliates may have business relationships with entities mentioned in this podcast, which could create potential conflicts of interest. These relationships may include advisory services, investment management, or other arrangements. MAI seeks to manage such conflicts consistent with its fiduciary obligations and policies.(As of December 22, 2025)

En el podcast de hoy doy respuesta a algunas de vuestras preguntas más interesantes en una nueva edición del consultorio de bolsa. Hablamos sobre la IPO de SpaceX, la crisis de crédito, el value investing y mucho más. Únete al canal GRATUITO de WhatsApp: https://whatsapp.com/channel/0029VaTrH1L72WTwHEGtyr0mSígueme en instagram: ⁠https://instagram.com/arnau_invertirbolsa⁠Todo lo que hacemos en Boring Capital: ⁠https://boringcapital.net/⁠Consulta nuestras rentabilidades pasadas en Boring Capital: ⁠https://boringcapital.net/informes-rentabilidad⁠Sígueme en Twitter: ⁠https://twitter.com/ajnogues⁠Suscríbete a nuestra newsletter: ⁠https://mailchi.mp/1a1f327fc3d5/ideas-de-swing

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. We are live every Tuesday at 1.30pm E / 10.30am P.────────────────────── VALUE OPTIONS LETTERThree to five curated ideas every week — cash-secured puts, covered calls, and spreads on businesses we'd want to own at strikes we'd be willing to pay. Every trade includes the business thesis in plain English, the fair-value estimate and its key assumptions, the specific option trade with target premium, and the pre-identified exit criteria.Every idea reviewed and approved by an analyst before it hits your inbox.valueoptionsletter.com/subscribe──────────────────────See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Chris Marangi (President & Co-CIO, Gabelli) moderates a discussion with legendary value investor John Rogers (Co-CEO and CIO, President, Ariel Investments). To learn more about Gabelli Funds' fundamental, research-driven approach to investing, visit https://m.gabelli.com/gtv_cu or email invest@gabelli.com. Connect with Gabelli Funds: • X - https://X.com/InvestGabelli • Instagram -   / investgabelli   • Facebook -   / investgabelli   • LinkedIn -   / investgabelli   http://www.Gabelli.com Invest with Us 1-800-GABELLI (800-422-3554)

Merryn Somerset Webb speaks with Temple Bar’s Ian Lance about the trust’s standout performance since 2020, driven by disciplined value investing—buying unloved, low-priced companies with recovery potential and holding them as sentiment improves. Lance argues that success comes from focusing on long-term earnings rather than short-term pessimism, even if it means owning controversial stocks.See omnystudio.com/listener for privacy information.

Fünf Tabakaktien, eine klare Performance-Rangliste: An letzter Stelle steht ausgerechnet der Wert, der als nächstes nachgekauft wird. In diesem Tabak-Update bespricht Tobias Kramer das gesamte Portfolio im direkten Vergleich: • Altria: 10 % Kursplus in 12 Monaten, aber Marktanteilsverluste im rauchfreien Segment • British American Tobacco: größte Position mit knapp 50 % im Plus seit Einstand • Imperial Brands: einziger Negativperformer der letzten 13 Monate, KGV bei 8 • Japan Tobacco: Rekordumsatz, operatives Ergebnis +21 %, – aber bereits über dem fairen Bewertungsniveau? • Philip Morris International: Wachstumsführer im rauchfreien Segment – Bewertung jenseits der Nachkauf-Zone • Scandinavian Tobacco: Zigarren-Nische und sinkende Gewinne – warum der Wert auf die Beobachtungsliste kommt, aber nicht ins Depot Die Bewertungslücke zwischen Imperial Brands (KGV ~8) und Philip Morris (KGV ~19) ist kein Zufall, sondern die Grundlage für die heutige Entscheidung! Wie Tobias konkret angepasst hat und warum, erfährst Du im vollständigen Podcast.

Frank Mottek is joined by Gabriel Wisdom, a veteran money manager and author of Wisdom on Value Investing. They dive into the latest market trends, discussing the impressive earnings reports from major companies and the impact on the stock market. Gabriel shares his insights on the oil market, gold prices, and the tech sector, including the challenges facing Nvidia and the rise of new competitors. They also discuss the defense and healthcare sectors, as well as the latest news on the Middle East conflict and the proposed billionaire tax in California.See omnystudio.com/listener for privacy information.

In this episode of Gimme Some Truth, we explore the massive shift happening in the markets. For over a decade, Growth stocks have dominated, but Artificial Intelligence might be the very catalyst that brings Value Investing back to the forefront.We break down the "AI Build-out" and why sectors typically labeled as "Value"—like Energy, Utilities, and Industrials—are becoming the backbone of the AI revolution. If you are worried about S&P 500 concentration risk and being too heavy in Big Tech, this episode is a must-watch.What we cover in this episode:- The Growth vs. Value Trade: Why the tide is turning after 15 years.- AI Disruption: How AI is actually challenging the valuation of traditional growth companies.- Concentration Risk: The dangers of a tech-heavy portfolio in today's market.- The AI Infrastructure Play: Which value sectors stand to gain the most from the AI build-out.- Market History: Lessons from past bubbles (2000, 2008) and how they apply to the AI boom.Don't let recency bias dictate your strategy. We discuss why now is the time to review your portfolio and ensure you aren't over-exposed to a single trade.

Frank Mottek is joined by Gabriel Wisdom, Managing Director of American Money Management and author of Wisdom on Value Investing. They dive into the current market trends, discussing the impact of the ceasefire in the Middle East on oil prices and the global economy. Gabriel shares his insights on the tech sector, highlighting the undervalued tech names and the potential opportunities in the space industry. They also discuss the recent rally in the crypto market and the latest developments in the ETF space.See omnystudio.com/listener for privacy information.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3523: Vitaliy Katsenelson challenges the idea that value investing is obsolete, explaining how low interest rates and inflated expectations have skewed performance in favor of growth stocks. Drawing on timeless principles from Benjamin Graham and Warren Buffett, he presents value investing as a disciplined, long-term philosophy that prioritizes price and realism over market hype. Quotes to ponder: "Value investing to me is a philosophy that is governed by what I call the six Commandments of value investing" "Something is overvalued doesn't mean it can't get more overvalued" "You can turn any investment into a bad deal by paying too much" Episode references: The Intelligent Investor: https://www.amazon.com/Intelligent-Investor-Definitive-Value-Investing/dp/0060555661 Learn more about your ad choices. Visit megaphone.fm/adchoices

Frank is joined by Gabriel Wisdom, author of Wisdom on Value Investing, and Steve Hilton, leading candidate for governor in California. They dive into the latest market trends, discussing the impact of the Iran conflict on oil prices and the economy. Gabriel shares his insights on the precious metals market and the potential for a "spring-loaded" situation in the markets. Meanwhile, Steve Hilton discusses his plans to address California's high gas prices and promote affordable energy solutions.See omnystudio.com/listener for privacy information.

Jeremy Grantham is the Co-Founder of GMO, a $100 billion Boston-based asset management firm co-founded in 1977. Over six decades in markets, Jeremy has been one of the most respected and outspoken voices on value, market bubbles, and long-term investing. He recently published The Making of a Permabear with Edward Chancellor, an account of his career and investment lessons learned along the way. Our conversation begins with Jeremy's early lessons in frugality growing up in wartime Yorkshire and his interest in numbers and investing. We trace his career through the founding of Batterymarch and GMO, the golden period of value, painful lessons of the dot-com bubble, and the challenges since. We cover Jeremy's framework for identifying and navigating market bubbles, career risk, and the current AI investment boom, and close with his essential philanthropic work to change the trajectory of the environment alongside the investment strategy he deploys in his Foundation. Learn more about our Strategic Investments: OWL.   Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership     Editing and post-production work for this episode was provided by The Podcast Consultant (⁠https://thepodcastconsultant.com⁠)

In today's episode, Kyle Grieve discusses lessons from venture capital that long-term value investors can apply to improve decision-making. He explores concepts such as power laws, network effects, de-risking investments, and the importance of holding high-potential businesses. IN THIS EPISODE YOU'LL LEARN: 00:00:00 - Intro 00:03:23 - How venture capital power laws shape investing returns and portfolio outcomes 00:06:19 - Why a tiny number of winners dominate most long-term investing results 00:08:41 - Why selling potential power-law winners early can severely damage portfolio performance 00:08:41 - How modest portfolio contributors can evolve into massive long-term winners 00:09:21 - Why accepting losses is the cost of capturing outsized investing returns 00:11:25 - How Moore's Law and Metcalfe's Law create powerful technology-driven investment opportunities 00:13:34 - Why investors should scale positions as businesses become progressively de-risked 00:25:41 - How unpopular or overlooked businesses can generate exceptional long-term investment returns 00:32:24 - Why averaging up in strong businesses can outperform traditional value strategies 00:57:06 - How long-horizon arbitrage allows investors to benefit from fundamental business improvement Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Mastermind Community⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to join us in Omaha for the Berkshire meeting ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Buy The Power Law. Follow Kyle on X and LinkedIn. Related ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠books⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ mentioned in the podcast. Ad-free episodes on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Get smarter about valuing businesses through ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Check out our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠We Study Billionaires Starter Packs⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try our tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Finance Tool⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. SPONSORS Support our free podcast by supporting our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Vanta⁠ ⁠Unchained⁠ ⁠Netsuite⁠ ⁠Fundrise⁠ ⁠Shopify⁠ References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor's Podcast Network is not responsible for any claims made by them. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Send a textIn the Season 7 premiere of ETF Battles, Ron DeLegge ‪@etfguide‬ referees an audience requested battle between three value ETFs. Who wins the battle?Program judges Erik Ogard at BufferLABS and Mike Akins at ETF Action examine this ETF battle between IUSV (iShares), AVLV (Avantis) and VTV (Vanguard). Each ETF is judged against the other in key categories like cost, exposure strategy, performance, yield and a mystery category. Find out who wins the battle!#ETF #investing #stockmarket #f*********Get in touch with our judgesErik Ogard at BufferLABShttps://bufferlabsetfs.comMike Akins at ETF Actionhttps://www.etfaction.com

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Our guest on the podcast today is Leyla Kunimoto. Leyla is the founder and editor of Accredited Investor Insights, a newsletter that helps investors navigate private markets. She writes about private equity, private credit, and real estate, focusing on the practical realities of evaluating alternative investments from the limited partner perspective. Leyla began investing in public markets in 2001 and expanded into private markets in 2020, with current holdings spanning public equities, real estate, and alternatives. She started her career in finance and management consulting after graduating from the University of Washington. She also worked in advisory services at a Big Four accounting firm.BackgroundLeyla KunimotoAccredited Investor InsightsPrivate Equity, Private Credit, and Private Real Estate“Inside the Black Box: What First Brands Teaches Us About CLO Risk,” by Leyla Kunimoto, AccreditedInsight.com, Oct. 2, 2025“Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It," by Alexander Saeedy, WSJ.com, July 13, 2025“PIK Is Whispering. Are You Listening?” by Leyla Kunimoto, AccreditedInsight.com, June 12, 2025.“Private Credit Interval Fund,” by Leyla Kunimoto, AccreditedInsight.com, Aug. 24, 2025.“Non-Traded BDC Meets Mr. Market,” by Leyla Kunimoto, AccreditedInsight.com, Nov. 20, 2025“The Problem With PME,” by Leyla Kunimoto, AccreditedInsight.com, Oct. 9, 2025.“Private Equity 101: What Every LP Should Know,” by Leyla Kunimoto, AccreditedInsight.com, July 31, 2025.“Private Markets in 2026: What Changes, What Sticks,” by Leyla Kunimoto, AccreditedInsight.com, Dec. 28, 2025.“It's NAV … Until You Want Liquidity,” by Leyla Kunimoto, AccreditedInsight.com, Jan. 8, 2026.“Why Vanguard, Champion of Low-Fee Investing, Joined the ‘Private Markets' Craze,” by Matt Wirz and Anne Tergesen, WSJ.com, July 2, 2025“The Golden Doodle of Private Markets: Evergreen Secondaries” by Leyla Kunimoto, AccreditedInsight.com, Oct. 30, 2025.Books MentionedRich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!, by Robert KiyosakiThe Intelligent Investor: The Definitive Book on Value Investing, by Benjamin GrahamMastering The Market Cycle: Getting the Odds on Your Side, by Howard Marks Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.