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Investment Strategy and Market Analysis
Exploring the investment strategy inspired by Ben Graham's approach focusing on undervalued large-cap companies like Apple, addressing concerns about competition and valuation. Emphasizing the importance of patience, selective choices, and long-term trends in predicting consumer behaviors and market opportunities.
On today’s episode, Clay is joined by John Huber to discuss value investing fundamentals and the current market conditions.
John Huber is the Managing Partner of Saber Capital Management, LLC. Saber manages separate accounts as well as a partnership modeled after the original Buffett Partnership fee structure.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:44 - What John would include in his own personal MBA program
07:50 - What base hit investing is.
09:01 - The three sources of returns for a stock.
14:40 - Why Costco’s stock may be in a bubble.
20:39 - The three types of companies that John looks to invest in.
32:21 - John’s view on today’s current market and where he is finding opportunities.
42:57 - How John manages highly concentrated positions in his fund.
47:09 - Why investing has a long feedback loop in assessing decisions.
54:16 - John’s process for writing out his investment thesis.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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