We Study Billionaires - The Investor’s Podcast Network RWH046: A New Golden Age w/ Bob Robotti
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Jun 23, 2024 Bob Robotti, President & Chief Investment Officer of Robotti & Co., shares his insights as a seasoned investor with a 40-year track record of beating the S&P 500. He discusses why we may be entering a 'new golden age' for value investors and emphasizes the potential of Old Economy businesses. Bob predicts ongoing high inflation and outlines how globalization is shifting with China's changing role. He also shares his strategies for navigating the looming global energy crisis and the importance of mentorship in his personal journey.
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Childhood in Queens
- Bob Robotti grew up in an apartment above his grandmother's dry goods store.
- His father started an insurance brokerage firm from their home, giving him early exposure to business.
Early Business Exposure
- Robotti's father, with impaired vision, started an insurance business.
- Working there as a kid gave Robotti a unique understanding of the property and casualty insurance industry.
Family History in Construction
- Robotti's grandfather, Baptiste Robotti, was a chief draftsman for a stone company.
- He contributed to iconic buildings like the Chrysler Building, Empire State Building, and Rockefeller Center.
