Investing Unscripted

58. Travis Hoium on Asymmetric Investing

Jun 24, 2023

Travis Hoium, engineer and founder of the Asymmetric Investing newsletter, shares his journey, lessons learned, and his approach to finding asymmetric opportunities. He discusses the disruption in the automotive industry, extracting value from the internet, and the uncertainty of AI investments. The podcast also covers Tesla's inventory challenges and compares investing in AI and crypto.

01:01:56

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Travis Hoium

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Episode notes

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Quick takeaways

Having conviction in investment decisions is crucial for achieving asymmetric returns.

Blockchain technology holds potential for revolutionizing industries like payments infrastructure and stock settlement.

Tesla's financial health is a topic of concern due to decreasing margins and growing inventory.

Deep dives

Summary of podcast episode

In this podcast episode, the host and guest discuss various topics including the launch of a newsletter, the importance of conviction in investing, the potential of blockchain technology and AI, the current state of the crypto market, and the financial performance of Tesla.

Introduction

2min

Travis Hoium's Background and Approach to Investing

6min

Disruption in the Automotive Industry and GM's Potential

14min

Extracting Value from the Internet

24min

Difference between rules and frameworks in decision making, sponsor ad for Spotify and Shopify, lightning round announced

2min

The Uncertainty of AI Investments

6min

Tesla's Inventory Challenges and Financial Outlook

8min

To some degree, every stock investor is looking for asymmetric returns. While the market delivers, on average, around 10% in gains each year, stocks also provide the rare opportunity to earn substantial multiples on your initial investment. Travis Hoium has spent years looking for those winners, and now he's helping people find them. An engineer by training and longtime writer for The Motley Fool, Travis is also the founder of the Asymmetric Investing newsletter, where he provides access to research on stocks he thinks have the potential – and characteristics – to deliver asymmetric returns.

Recently, Travis sat down with Jason and Jeff to talk about his journey, some of the lessons he's learned along the way, his investing philosophy, and his approach to finding asymmetric opportunities. He also shares two ideas that he thinks are good examples of how these opportunities can often hide in plain sight. In the second part of the show, Jason and Jeff put Travis through the wringer in a lightning round.

Companies mentioned: AAPL, AXON, COIN, GM, INTC, PTON, TSLA, UBER

Looking for more from Travis? On Twitter @TravisHoium, his newsletter at asyminvesting.com, and on YouTube at https://www.youtube.com/@asymmetricinvesting

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