Episode 22 is live!
This week we've got George Livadas on the show. George is the founder and portfolio manager of Upslope Capital. George graduated with a Russian degree, but found his way into investment banking at Citigroup. He worked in IB covering the brokerage and can producer industries (to name a couple).
George loves investing, but he didn't start out like many traditional value investors. He didn't read Buffett's letter, he didn't read Graham's doctrine. He developed a passion for investing by learning about business.
George founded Upslope Capital to invest his own way -- a differentiated way. George employs a long and short strategy at Upslope. He prefers to hunt in the mid-cap space for ideas, and has a soft-spot for boring, unloved businesses.
Here's what we cover in the conversation:
- [0:00 - 5:00] Who is George Livadas
- [6:00 - 11:00] What Works For George in Investing
- [12:00 - 17:00] Why Mid-Caps & The Power of Simplicity
- [18:00 - 22:00] What Makes A Good Investment?
- [23:00 - 30:00] From Idea Generation To Investment
- [31:00 - 42:00] George's Investment Process
- [43:00 - 49:00] George's Thoughts on Shorting
- [50:00 - 55:00] Corporate Governance & COKE
- [56:00 - 60:00] Knowing Yourself & Being Wrong
- [63:00 - End] Concluding Questions
If you want to learn more about George, check out these links:
Also, if you're interested in the McKinsey Book on Valuation: https://amzn.to/2VTqHcK
