MI311: Quantitative Wisdom: Lessons for Qualitative Investors w/ Tobias Carlisle

Dec 12, 2023

01:07:48

forum

Ask episode

view_agenda

Chapters

auto_awesome

Transcript

info_circle

Episode notes

Kyle Grieve chats with Tobias Carlisle about the key findings from his book on value and concentrated investing, the power of mean reversion and its role in providing value in undervalued stocks, conclusions from academic research on concentration and diversification, the role of courage in investing, some excellent points on concentration from investing legends like Warren Buffett and John Maynard Keynes, and a whole lot more!

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

02:57 - What qualitative investors can take away from Quants.

03:13 - Why long-term survivability is underweighted in investing.

29:02 - The importance of being a contrarian with a calculator attached to you.

46:52 - How to control your ego in investing.

54:32 - What the data says about low-quality business in terms of long-term returns.

And much, much more!

*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 Kyle and the other community members.
Read Tobias’s blog here.
Listen to Tobias’s podcast here.
Buy a copy of The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market here.
Buy a copy of Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors here.
Deep Value: Why Activist Investors and Other Contrarians Battle for Control of Losing Corporations here.
Related Episode: Listen to TIP586: Mastermind Q4 2023 w/ Tobias Carlisle and Hari Ramachandra or watch the video.
Related Episode: Listen to MI280: Deep Value Investing in 2023 w/ Tobias Carlisle or watch the video.
Check out all the books mentioned and discussed in our podcasts here.

NEW TO THE SHOW?

Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

⁠CFI Education⁠
⁠Airbnb⁠

Connect with Kyle: Twitter | LinkedIn | Website

Connect with Tobias: Twitter | LinkedIn | Website

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Home Top podcasts Popular guests