Evan Tindell, the mastermind behind Bireme Capital and a former professional poker player, discusses the intriguing intersections of investor psychology and value investing. He shares insights on shorting Costco, betting heavily on META, and the importance of position sizing. Tindell reflects on his poker background, linking its strategies to identifying undervalued stocks. The conversation also covers SOTP valuation, Japanese small caps, and the nuances of balancing research time with investment opportunities. Prepare for a compelling blend of finance and cognitive insight!

Guest Evan Tindell from Bireme Capital discusses investor psychology, shorting Costco, lessons from poker, position sizing, betting big on META, SOTP valuation stories, Japanese value stocks, and time allocation in a wide-ranging conversation.

Evan Tindell, CIO of Bireme Capital, discusses British American Tobacco, vaping regulations, stock performance, and competition. He also touches on the menthol cigarette ban, $BTI's ownership stake in ITC, and capital allocation strategy. The podcast covers ESG considerations, next-gen products, legal liabilities, and the impact of taxes on non-burning tobacco products.