Exploring Alignment in Investing Strategies and Fee Structures

Exploring the significance of fee structures that align investor and fund manager interests, featuring insights from Jeremy Kokomor on Right-Tail Capital's unique fee model. The chapter emphasizes the connection between positive performance and fees, along with other alignment strategies like personal investment and consistent decision-making habits.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Kyle Grieve chats with Jeremy Kokemor about why Jeremy has utilized Buffett’s 0/6/25 model and why he thinks it’s so powerful, why value, growth and quality are all important for successful investing, why price isn’t the only way to get a margin of safety, why investors should look at reinvestment rates to help identify wonderful investments, why you should only invest in countries that have shareholder friendly regulations, how many investments per year concentrated investors need to be successful, and a whole lot more!

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

03:09 - Why the 0/6/25 model is so powerful and how it aligns Jeremy with his partners.

03:09 - Other methods that Jeremy has used to create alignment with his partners.

15:09 - How a high-quality, low-debt business can add to their margin of safety outside of price.

17:32 - Why Jeremy views the combination of value, growth, and quality as being important for his investing process.

19:17 - The similarities and differences between O'Reilly Auto Parts and NVR in terms of capital allocation.

24:14 - How Jeremy keeps costs down to help ensure his business model is optimized.

28:33 - Why Jeremy runs a concentrated portfolio.

34:27 - The importance of reinvestment into wonderful businesses and value creation.

40:08 - Why we should evaluate a business based on its ability to grow without reinvestment.

40:08 - The strengths of using multiple evaluation methods to help you understand the value of a business.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Read Jeremy’s shareholder letters here.
Check out the books mentioned in the podcast here.

NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

⁠CFI Education⁠
⁠Airbnb⁠

Connect with Kyle: Twitter | LinkedIn | Website

Connect with Jeremy: LinkedIn | Website | Twitter

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app

Home Top podcasts Popular guests