"You should use all the times that you are wrong as learning opportunities to better celebrate your mental models going forward and your actual models," he says. "One of the things i'm most proud of is i never overwrode a model, ever." 'If any of your managers are going to get hit by a bus, you want it to be me,' adds Wall Street expert.
Tobias is founder and managing director of Acquirers Funds LLC, where he also serves as portfolio manager of the firm's deep value strategy. He is also author of the books "The Acquirer's Multiple " and "Deep Value". Our discussion with Tobi revolves around:
- Stock market fall of early 2021
- Valuing digital businesses
- Quantitative and Value Investing
- Learning from ancient philosophers
- Separating the message from the messenger
- And MUCH more!
Follow Tobias on his Twitter at: https://twitter.com/Greenbackd and know more about Acquirers Funds here: https://acquirersfunds.com/