We Study Billionaires - The Investor’s Podcast Network TIP512: Top Takeaways from 2022 w/ Trey Lockerbie
95 snips
Jan 6, 2023 
Trey Lockerbie hosts an engaging discussion with notable guests including Josh Young, an energy expert discussing energy's role in inflation and Buffett's investments, Ian Cassell, a micro-cap investing guru highlighting the sector's past successes, and Brent Johnson, who sheds light on his intriguing dollar milkshake theory. Dan Rasmussen and Joe Brown dive into market indicators, with Joe exploring the contrarian put-call ratio. Together, they share insights on navigating the complexities of current economic conditions and investment landscapes.
AI Snips
Chapters
Transcript
Episode notes
Inflation and Oil Prices
- The 1970s oil crisis saw prices multiply rapidly, impacting growth and inflation.
- Current oil price increases, while not as drastic, still strain consumption and inflation.
Earning the Right to a Valuation Multiple
- Valuation multiples must reflect return on invested capital and growth.
- High returns and growth create value, while growth with low returns destroys value.
Personal Inflation Metric
- Consider your personal spending habits when assessing inflation's impact.
- Develop a personal inflation metric based on your consumption.