Asif Suria, Author of "The Event-Driven Edge in Investing: Six Special Situation Strategies to Outperform the Market" and Founder and CEO at Inside Arbitrage, joins the podcast for the second time to discuss his thesis on Pebblebrook Hotel Trust $PEB, as well as his thoughts on insider activity post-election.
You can buy your copy of Asif's new book, "The Event-Driven Edge in Investing: Six Special Situation Strategies to Outperform the Market" here: https://www.amazon.com/Event-Driven-Edge-Investing-Strategies-Outperform-ebook/dp/B0CN3PF1SW?_encoding=UTF8&dib_tag=se&dib=eyJ2IjoiMSJ9.1zuikMLb5MN1aQVWodj1ww.Nui4P_rilsWES5p1FNmoTnd5v0myqxSeQautyazGgno&qid=1715709920&sr=8-1&linkCode=sl1&tag=andrew613880e-20&linkId=376c305fd243b22988ebba35edf5ecee&language=en_US&ref_=as_li_ss_tl
Chapters:
[0:00] Introduction + Episode sponsor: Fintool
[2:13] What is Pebblebrook Hotel Trust and why are they interesting to Asif
[6:18] Insider purchases at Pebblebrook Hotel Trust
[9:44] What Asif is seeing with Pebblebrook Hotel Trust that the market is missing
[13:56] $PEB portfolio
[18:56] Management claim on 11-14% ROI growth investment / NAV numbers from their November 2024 investor presentation
[23:20] Competitive landscape - why $PEB over other hotel companies / Share buybacks
[28:07] What keeps Asif up at night about his $PEB thesis and investment
[29:50] Management incentives
[36:12] AirBnB risk?
[37:59] Special Situations in general: What have insiders been looking at post-election / sectors Asif is seeing a lot of insider buying currently and elevated insider selling
[44:28] Spin-offs
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