We Study Billionaires - The Investor’s Podcast Network

TIP532: Insights From A Reclusive Investment Firm w/ Graeme Forster

Mar 10, 2023

01:00:38

Highlights

AI Chapters

Episode notes

The disconnect between consumers and CPI

00:46

The Role of Bond Yields in Determining Asset Prices

01:22

How Should You Account for Your Marketing?

01:28

Is 2022 a Good Template for the Next Decade?

01:36

Introduction

2min

Orbis Investing

5min

Is There a Patsy in the First 20 Minutes at the Table?

5min

How to Determine Your Edge in a Business?

4min

Global Pandemic - Was There Any Edge?

4min

Investing in Real Estate With Equity Multiple

3min

What Was Your Thought Process During the Pandemic?

3min

What's It Like to Work Under Alan Gray?

5min

Are You a Value Investor or a Quantitative Investor?

5min

10.

The Great Disallocation Cycle

6min

11.

Is Your Share Price Mispriced?

3min

12.

College-Av Student Loans - The Best Way to Pay for College

3min

13.

Is It Bad for the Economy?

3min

14.

Is There Any Return Outside of the US?

3min

15.

What's Next for Bond Yields in 2022?

2min

16.

Is 2022 a Good Template for the Next Decade?

2min

17.

How Good and Cheap Companies Can Still Persist During Bear Markets?

3min

18.

How Does Being Physically in Bermuda Help You Keep Distance?

2min

19.

Orbis - What's Your Philosophy?

3min

Trey chats with Dr. Graeme Forster. Together they discuss the success of legendary investors such as Jim Simons & Orbis' founder Allan Gray, Graeme's shift from mathematics to value investing, and much more!

Graeme is the Director and Portfolio Manager of Orbis, which currently manages around $30B.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

01:30 - Graeme’s journey from mathematics to value investing, & exploring legendary investors like Jim Simons.

26:14 - How Orbis’ founder and billionaire Allan Gray’s investing flexibility led to his success.

36:35 - How Graeme balances the macro with a bottoms up approach.

52:11 - A thesis which Graeme calls the Great Misallocation.

58:40 - How good & cheap companies outperform especially during bear markets.

Disclaimer: Slight discrepancies in the timestamps 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.
The Theory of Poker by David Sklansky.
Fooled by Randomness by Nassim Nicholas Taleb.
The Price of Time by Edward Chancellor.
The Psychology of Money by Morgan Housel.
Trey Lockerbie's Twitter.
Check out: Orbis.

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