Chit Chat Stocks

The hosts discuss frustrations with their investment fund, the importance of company guidance, and concerns about capital allocation. They analyze Nintendo's annual investor presentation and earnings report, Warren Buffett's investment strategies, and the reliability of a cash-generating asset. Additionally, they delve into analyzing company performance, growth in active customers, and provisions for credit losses.

ValueStockGeek, a stock market analyst specializing in value investing, joins the podcast to discuss Tractor Supply Company (TSCO). Topics covered include the company's business model, competitive advantages, growth strategies, potential store base, and its approach to capital allocation.

Explore the challenges and future prospects of British American Tobacco, from its history and financials to regulatory pressures. Dive into industry trends, management insights, earnings, balance sheet, and valuation analysis. Discuss the impact of regulatory challenges on the tobacco industry and investment opportunities.

The CCM Investing Power Hour is a live-streamed show every Thursday. On the show, Ryan, Brett, and a rotating list of guests have an unscripted discussion on a variety of investing topics. You can watch the show on our YouTube channel here: ⁠⁠⁠https://www.youtube.com/c/ChitChatMoney⁠⁠⁠ Follow the show on Twitter: ⁠⁠⁠https://twitter.com/chitchatmoney⁠⁠⁠ Subscribe to our newsletter:⁠⁠⁠ https://chitchatmoney.substack.com/⁠⁠⁠ ****************************** Chit Chat Money is presented by Interactive Brokers. Switch to the best brokerage in investing today: ⁠⁠⁠ibkr.com/info⁠⁠⁠ ****************************** Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.

In this final episode, the hosts reflect on closing their fund, discussing their motivation, goals, and unique model. They explore the process of starting and establishing Arch Capital, including paperwork, expenses, and fee structures. They share lessons learned, challenges faced, and their investment strategy going forward.

Our good friend John Rotonti interviews Dan O'Keefe. Listen to "The JRo Show" wherever you get your podcasts. 3:00 – Definition of value investing according to Dan 10:00 – Dan’s risk management and portfolio management philosophy 17:00 – when to sell a stock 22:00 – On how he incorporates a macro outlook into fundamental bottom-up stock picking on a global basis 32:00 – Dan describes his team’s equity research process including the reason for nurturing an absolute mindset, not a relative mindset 57:00 – How Dan spends his quiet time. 1:01:00 – How to be a global investor 1:07:00 – Dan thoughts on passively investing in the S&P 500 1:13:00 – the contradictory psychological profile needed to be a good investor.

The CCM Investing Power Hour is a live-streamed show every Thursday. On the show, Ryan, Brett, and a rotating list of guests have an unscripted discussion on a variety of investing topics. You can watch the show on our YouTube channel here: ⁠⁠https://www.youtube.com/c/ChitChatMoney⁠⁠ Follow the show on Twitter: ⁠⁠https://twitter.com/chitchatmoney⁠⁠ Subscribe to our newsletter:⁠⁠ https://chitchatmoney.substack.com/⁠⁠ ****************************** Chit Chat Money is presented by Interactive Brokers. Switch to the best brokerage in investing today: ⁠⁠ibkr.com/info⁠⁠ ****************************** Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.

Andrew from the "Yet Another Value Blog" joins the show to discuss merger arbitrage investing and why he thinks now could be a great time to be using this strategy. Listen as Brett and Ryan ask Andrew questions about his experience in merger arb. Enjoy the show! ***************************** Chit Chat Money is presented by Interactive Brokers. Switch to the best brokerage in investing today: ⁠⁠ibkr.com/info⁠⁠ ****************************** Want updates on future shows and projects? Follow us on Twitter: ⁠https://twitter.com/chitchatmoney ⁠ Subscribe to our Substack to receive free show notes and charts for our Tuesday episodes: ⁠https://chitchatmoney.substack.com/⁠ Want more from Andrew? Check out the Yet Another Value Blog on merger arb: ⁠https://www.yetanothervalueblog.com/p/the-antitrust-inflection Contact us: chitchatmoneypodcast@gmail.com Timestamps Merger Arbitrage | (3:00) Examples | (14:35) Fundamentals | (26:48) Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.

Dollarama Inc. (DOL.TO) is a Canadian dollar store retail chain known for offering a wide range of affordable products, serving budget-conscious consumers across Canada. Listen closely as Brett and Ryan go through the history, financials, and future prospects of DLMAF. Enjoy the show! ****************************** Chit Chat Money is presented by Interactive Brokers. Switch to the best brokerage in investing today: ⁠ibkr.com/info⁠ ***************************** Subscribe to our Substack to receive free show notes and charts that go along with every episode: ⁠https://chitchatmoney.substack.com/⁠ Want updates on future shows and projects? Follow us on Twitter: ⁠https://twitter.com/chitchatmoney⁠ Contact us: ⁠chitchatmoneypodcast@gmail.com⁠ Timestamps Company Background | (2:15) Industry | (12:21) Management & Ownership | (16:44) Earnings | (23:43) Balance Sheet | (28:35) Valuation | (32:39) Our Analysis | (33:20) Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.

The CCM Investing Power Hour is a live-streamed show every Thursday. On the show, Ryan, Brett, and a rotating list of guests have an unscripted discussion on a variety of investing topics. You can watch the show on our YouTube channel here: ⁠https://www.youtube.com/c/ChitChatMoney⁠ Follow the show on Twitter: ⁠https://twitter.com/chitchatmoney⁠ Subscribe to our newsletter:⁠ https://chitchatmoney.substack.com/⁠ ****************************** Chit Chat Money is presented by Interactive Brokers. Switch to the best brokerage in investing today: ⁠ibkr.com/info⁠ ****************************** Disclosure: Chit Chat Money hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Brett Schafer and Ryan Henderson are general partners and portfolio managers at Arch Capital. Arch Capital and its partners may hold securities discussed on this show.