Gary Mishuris

Join Gary Mishuris, founder of Silver Ring Value Partners and behavioral value investing expert, as he shares his insights on concentrated quality businesses. He discusses his strategy for investing in spinoffs like Finia, navigating the uncertain EV market, and utilizing options for risk management in stocks like Warner Bros. Gary emphasizes the importance of understanding auction dynamics and the behavioral aspects of investing. Learn about the balance between managing diverse ideas and concentrating on confirmed winners, while avoiding imitation of other investors' styles.

Financial expert Gary Mishuris discusses the challenges of bottom-up investing in today's market. He emphasizes transparency with clients, the unique approach of Silver Ring Value Partners, and the psychology behind investing. Gary encourages admitting mistakes and changing your mind when necessary, drawing parallels with poker. The podcast also touches on inflation, gold, and the importance of managing investment risks.

Gary Mishuris, managing partner at Silver Ring Value Partners, discusses the nuances of integrating AI into investment research. He highlights its dual-use cases, distinguishing between efficiency and capabilities beyond human reach. Gary shares his AI equity analyst framework and emphasizes the need for human oversight in decision-making. A standout free tool he recommends is Google's Notebook LM, which aids in organizing research. He warns against superficial AI hype and urges investors to start utilizing AI now to stay competitive.

Gary Mishuris, managing partner and chief investment officer of Silver Ring Value Partners, dives into the fascinating world of behavioral finance. He unpacks the pitfalls of overconfidence and anchoring, shedding light on how biases like the endowment effect and social proof can skew investment decisions. Mishuris emphasizes the importance of questioning assumptions within investment teams and highlights the dangers of scarcity bias, especially in trendy markets like NFTs. Get ready for key strategies to outsmart cognitive traps in investing!

Gary Mishuris, Managing Partner and Chief Investment Officer of Silver Ring Value Partners, shares his childhood experiences and how they influenced him as an investor. Topics discussed include attention as a finite resource, Charlie Munger's early investment record, parallels between investing and caring for a Bonsai tree, and the evolution of value investing.