We Study Billionaires - The Investor’s Podcast Network TIP312: Investing In Businesses w/ Great Fundamentals w/ John Huber (Business Podcast)
Aug 30, 2020
John Huber, managing partner at Sabre Capital Management and expert in value investing, shares insights on identifying high-quality businesses. He emphasizes the importance of understanding a company's competitive moat and making sound growth assumptions. Huber discusses the impact of the COVID-19 crisis compared to previous market downturns and explores common investor pitfalls. Additionally, he advises on the complexities of managing debt in a challenging economy and the relevance of adaptability in successful businesses like Facebook.
AI Snips
Chapters
Books
Transcript
Episode notes
Investing as Learning
- Approach investing as a student, focusing on continuous learning about various business models.
- Build a watchlist of well-understood companies and wait for attractive market prices.
Wonderful Company Attributes
- Wonderful companies generate high returns on capital and adapt to change.
- Look for companies with adaptability, high gross margins, and economies of scale.
Toll Road Businesses
- "Toll road" businesses own valuable assets, enabling them to charge premium prices.
- Customers willingly pay for access, creating high-margin revenue streams.
