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TIP406: Finding Hidden Treasure w/ Thomas Braziel

Dec 19, 2021

Guest

Thomas Braziel

Thomas Braziel, a special situations investor renowned for his distinctive methods, takes us on a treasure hunt of undervalued opportunities. He shares how he transformed $7K into over $1M by uncovering a key detail in a penny stock. The conversation dives into investing in bankruptcies, and his impressive 40X return from claims tied to the Mt. Gox crypto exchange. Braziel emphasizes the importance of networking and strategic insights while navigating distressed assets. Prepare to be inspired by his unconventional approach!

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INSIGHT

Special Situations Investing

Special situations investing involves hard catalysts that significantly change value.
These situations often offer quasi-arbitrage opportunities, like spin-outs or SPACs.

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INSIGHT

Path to Claims Investing

Thomas Braziel's background influenced his specialization in distressed situations and claims.
Limited access to prime brokerage as a small fund manager pushed him towards claims.

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ADVICE

Approach to Claim Investing

Treat claim investing as a service business, emphasizing empathy and understanding client needs.
Focus on building relationships with claimants and their counsel for repeat business.

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Navigating Special Situations in Distressed Assets

01:31 • 19min

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Sponsorship Highlights: Elevating Finance Skills and Streamlining Business Management

20:42 • 2min

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Navigating Bitcoin Futures and the Mechanics of Liens

23:09 • 3min

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Investing in Distressed Assets

26:32 • 9min

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Navigating Costs in Distressed Investments

35:33 • 6min

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Navigating Investment Opportunities in Crypto

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Am I being too subtle?

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George Soros

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Trey Lockerbie discussed Special Situations with Thomas Braziel. Thomas was recommended by multiple guests because of his Sherlock Holmes approach to finding buried treasure (sometimes literally) types of opportunities. Thomas is not your average investor. They explore a lot of unique topics and it's guaranteed you will learn a ton. One quick caveat: Trey was recording from Costa Rica, Thomas was in London, so the audio quality had tiny glitches along the way. Please bear with us because the substance of the conversation is fantastic. And with that, please enjoy a very unique approach from the humble and kind, Thomas Braziel.

IN THIS EPISODE, YOU’LL LEARN:

01:41 - What investing in Special Situations looks like.
03:34 - Investing in bankruptcies, liens, and other esoteric situations.
11:24 - How Thomas turned $7k into over $1MM by finding an important footnote on a penny stock company.
31:09 - Learnings from Billionaire Sam Zell and others.
43:25 - Thomas’ epic 40x return from investing in claims from Japanese crypto exchange, Mt. Gox.

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

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Thomas Braziel's Twitter.
Am I Being Too Subtle by Sam Zell.
Trey Lockerbie's Twitter.

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