Value Hive Podcast

Ryan Reeves is the founder/CEO of InvestingCity.org. InvestingCity.org was built around one idea: save time and boost returns. Ryan started the business in 2016 after writing a newsletter for his friends, and realizing the gap in solid, financial analysis for the every day investor. Reeves' passion for investing began early, around the age of 12. After graduating Pepperdine, he worked at Morgan Stanley, The Motley Fool and Seeking Alpha.  I thoroughly enjoyed my conversation with Ryan. He's humble, honest and full of compounded investing knowledge.  Here's what we discussed:  [0-14min] - Ryan’s background [15:00] - How Ryan Started InvestingCity.org [25:00] - The State of Financial Education in America [30:00] - Ryan’s Research Process [50:00] - Ryan’s Thoughts on Charlie Munger’s DJO Meeting [53:00] - How Ryan Thinks About Valuation [56:00] - Ryan’s Worst Investment [60:00] - Costco’s Business Model If you want to learn more about Ryan (or InvestingCity), check out the following:  Ryan's Twitter: @investing_city Investing City's Website: InvestingCity.org If you like what we're doing, leave us a rating and review on Apple Podcasts. 

I had the privilege to chat with Moses Kagan, founder of Adaptive Realty. I call Moses a Deep Value Investor in LA Real Estate because that's exactly what he does.  Moses finds beaten-down, ugly, overlooked buildings in Los Angeles, CA. He buys them, does a complete gut and renovation, and rents them out at attractive rates of return for his investors.  While not an investor in public equities, Moses' analysis of cash flows, determination to find great deals, and knowledge of the power of relationships applies to any investment field.  During the podcast we dive into the following topics:  Who is Moses Kagan? [0:00 - 6:00] Why Moses Hated Working For Someone Else [16:00] Why Moses Chose Real Estate [28:00] Moses' First Few Deals [35:00] The Power of Long-Term Relationships [60:00] How To Quickly Value an Apartment Building [85:00] If you want to learn more about Moses, check out these links:  Twitter: @MosesKagan Moses' Company: Adaptive Realty Moses' Blog: KagansBlog.com If you liked the episode and like what we're doing on the show, please leave us a rating and review on Apple Podcasts. It goes a long way in helping spread the word about The Value Hive Podcast

Rob Koyfman is the founder and CEO of Koyfin.com. Rob has a tremendous background in the world of finance, investment and trading. He's a CFA Charterholder and former Goldman Sachs VP.  In 2015 Rob left the corporate world to start Koyfin.com. A one man operation. Rob grew Koyfin into a fast-growing financial analysis website. Rob's vision for Koyfin is simple. He wants to provide better analytics for investors.  During the podcast we chat about the following:  First 15 minutes ...  Rob's background and experience at Goldman Sachs  What Rob learned while working for PMs and CIOs  15 minute - 30 minute mark ...  Why Rob started Koyfin The importance of clean UI 30 minute - 1 hour mark ...  Future Aspirations of Koyfin Why Rob is passionate about good looking charts and more! If you want more info on Koyfin, check out their website: www.koyfin.com You can also follow Rob on twitter @KoyfinCharts or email him at rob@koyfin.com. If you like what we're doing, please take the time to leave a rating and review on Apple Podcasts. It helps spread the word about the show, and helps us keep great guests on the platform. You can find the link here. 

Clifford Sosin runs CAS Investment Partners. The fund is a value oriented partnership focusing on investing in great businesses at discounted prices to their future value.  Cliff discusses his early days at UBS, the genius of the bankruptcy system, how he finds ideas and mental models. Cliff also reveals how to fix the banking system as we know it.  The conversation covers a wide array of topics and was one of our longer episodes. I hope you find Cliff's insights as interesting as I did.  Make sure you follow him on Twitter @CliffordSosin Also, if you're interested in his co-authored white-paper on global banking, check it out here. 

Maj Soueidan is Co-Founder of GeoInvesting.com. GeoInvesting navigates investment risk by interviewing company management, dissecting conference calls, interacting with our wide network of investors and scouring financial documents for hidden clues. GeoInvesting provides quick, concise and efficient research instead of hundreds of pages of financial jargon. Maj and his team focus on micro cap stocks. If you want to know why, I highly encourage you to read this article.  When they're not looking for Tier-1 micro-caps, Maj and his team investigate potential Chinese frauds listed on US exchanges.  Maj and I chatted about various topics, including:  Maj's background and how he started investing GeoInvesting's 6 Core Principles What makes GeoInvesting different What types of companies Maj profiles on GeoInvesting Why micro-caps are last place for informational edge What the next 12 years might look like for GeoInvesting and more! Make sure to follow Maj on twitter @majgeoinvesting Check out his website if you want to learn more about GeoInvesting: GeoInvesting.com Also, if you like what we're doing, subscribe and leave a rating/comment on Apple Podcasts. It goes a long way in helping spread the word about our podcast. 

Dave Waters, CFA is Alluvial’s managing member. Since launching Alluvial in 2014, Mr. Waters has focused on delivering exceptional results for Alluvial’s investors. Dave also runs OTCAdventures.com.  I first found Dave after reading a write-up from his blog. This led to a Twitter follow, and then frequent, spam-like messaging asking Dave about various OTC stock ideas.  Dave is unique in his investment approach. He searches the darkest, most illiquid corners of the markets in his search for great, obscure companies.  Dave and I cover a lot of ground in this 1 hour 30 minute conversation. Topics include:  Personal background and blog Pitching his fund to prospective LPs Dave's Investment Process Immediate Red Flags in Companies Why Illiquid Stocks?  Weird stories about dark, OTC companies Why Dave's strategy works for smaller accounts The benefits of publishing ideas online and more! If you like what we're doing, hit that subscribe button and leave a review on Apple Podcasts. It goes a long way in helping spread the word about the Value Hive movement.  You can find Dave on Twitter: @alluvialcapital You can also find information on his Fund at his website, alluvialcapital.com Finally, check out his blog, OTCAdventures.com

Andrew Kingston and Shawn Shewchuk, portfolio managers for Gavin Croup, CA, discuss spin-offs, special situations, owner operators, and more. They share their thoughts on what makes a great business, their investment allocation process, and how they incorporate technical analysis. The speakers also talk about managing finances in hockey, their investment philosophy and backgrounds, their unique focus on professional hockey players, and their favorite players and teams. Overall, a fascinating conversation on investing and hockey.

Dr. Andrew Wittman is the founder of the Mental Toughness Training Center, a leadership consultancy specializing in peak performance, team dynamics, resolving conflict in the workplace and is the author of the book, “Ground Zero Leadership: CEO of You” (2016). A Marine Corps infantry combat veteran and former federal agent, he holds a Doctorate of Philosophy in Theology, is a guest lecturer at Clemson University, and co-hosts the radio call-in show, “Get Warrior Tough.” As a leadership and peak-performance expert working across five continents, Andrew has successfully added tens of millions in profit to his clients’ bottom line, through his trade-mark cellular problem-solving methods before becoming a motivational keynote speaker. In this episode, Dr. Wittman discusses mindset, how to improve corporate culture, how to ask better questions and why he's so against positive thinking.  If you want to find out more about Dr. Wittman, check out his website: www.getwarriortough.com   Also find him on Twitter @WarriorToughPhD and email andrew@getwarriortough.com  Make sure to rate us and leave us a review -- it goes a long way. While you're at it. Subscribe to our free, weekly newsletter Value Hive. Value Hive provides curated, value investing content straight to your inbox. For free. Forever. Check it out here!

Joe Boskovich and Brian Laks run Old West Capital Management. The firm describes its investment process as "A focus on people forms the core of Old West's investment process. As a first principle, we believe that the soundest way to protect and grow our capital is by aligning ourselves with management teams who have high stock ownership and smart pay." Joe started the company with his father.  I chat with the guys about their investment approach, capital allocation and the importance of owner-operators. Joe discusses Howard Jonas' collection of assets and capital allocation strategies. We also dive into Old West's investment filtering criteria, and their focus on insider purchasing.  We end the conversation with Brian Laks' bullish case on uranium. Old West opened a separate opportunity-specific fund that's focused exclusively on uranium investments.  If you want to find out more information, here's where to go: - Joe's Twitter: https://twitter.com/boskovic64 - Brian's Twitter: https://twitter.com/brianlaks - Old West website: https://www.oldwestim.com/

In today's episode I chat with Darren Fong. Darren is a portfolio manager at Calgary-based Investment firm Acumen Capital. Since the Fund's inception (March, 11 2016), Darren's outperformed the TSX Small Cap Index by nearly 600bps annually. Darren dives into the nuances of investing in Canadian small-cap companies. Differences in Canadian management teams and how they allocate capital. We then chat about Darren's investment process, how he finds stocks, and what makes his process unique. Finally, Darren breaks down how first-time investors should approach the Canadian markets (it's not all energy companies!) If you want to know more about Darren, check him out on Twitter @dsunfong or his firm's website acumencapital.com While you're at it, make sure to give our podcast a like and a review on whatever medium you're listening on! Also, please subscribe to our newsletter Value Hive. We bring curated, value investing content straight to your inbox. Every week. For free. Here's the link: https://valuehive.safechkout.net/