After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

The Greatest Trade Ever | ADI Book Club 7

Jul 20, 2023
The hosts discuss 'The Greatest Trade Ever' and reflect on the 2008 financial crisis. They explore investment strategies, Peter Schiff's bearish stance on banks, and Buffet's benefit from the fall in mortgage rates. The chapter also explores merger arbitrage investing, the complexity of trading, and the aversion to investing in financials. They discuss Andrew Ladd's bold move and recognize market inefficiencies and finding opportunities.
01:16:46

Podcast summary created with Snipd AI

Quick takeaways

  • Recognize market inefficiencies to capitalize on as an investor.
  • Using credit default swaps (CDS) as a different format for shorting offers a fixed downside and potential massive upside.

Deep dives

Recognizing market inefficiencies

The primary job as investors is to recognize that the market is almost efficient and find the inefficiencies in the market to capitalize on.

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