Analyzing Sears and Sarah Tidge: From Bankruptcy to REIT

10min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

This chapter delves into the transformation of Sears into Sarah Tidge, a real estate investment trust (REIT), and explores the potential of Sarah Tidge's mall assets. The speaker discusses their research on the company, the impact of COVID-19 on share prices, and the key factors considered when evaluating mall value.

Kyle Grieve chats with Matthew Peterson about his journey into the fund management industry, what potential fund managers should consider before starting a new fund, the powerful effects of using post mortems, how he used the Kelly criterion to create his concentrated portfolio, the use case for options for long-term value investors, why options can be a win-win for investors who want to own shares with cheaper entry prices than the market offers, the Seritage Growth Properties situation, and a whole lot more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

03:12 - Matthew’s origin story for the fund with limited assets.

05:41 - The importance of a good fee structure.

19:25 - The benefits of a concentrated portfolio.

31:35 - How to own shares at below-market prices with options.

43:29 - Insights into his structured dividend capture system.

57:33 - Updates on a recently exited business.

And much, much more!

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

BOOKS AND RESOURCES

Read Matthew Peterson’s fund letters here.
Watch Matthew Peterson on YouTube here.

NEW TO THE SHOW?

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
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.
Help us understand our audience better so we can create a more intentional user experience by answering this survey!