Hey Guys! This week our guest is Rory Johnston. He is the savant of all things oil. We discussed how he became an energy analyst, oil’s volatile history, how energy companies started caring about profitability and forgetting about growth at all cost, what is shale energy, the oil and field services and how to understand supply and demand data. [0:00] Who is Rory Jonhston? [7:30] The Energy Lost Decade [16:00] Where to start learning the energy industry? [22:00] Oil is Technology. [27:00] Oil’s Volatile History [32:00] Profitability > Growth [34:00] What is shale oil? [40:00] Oil and Field Services [42:00] Pressure Pumping and Labor Most Likely to Benefit the Most [50:00] The Stone Age did not end for the lack of stones. [52:00] Understanding Demand and Supply: Inventories, Futures Curve, [55:00] Supply and Demand Data: IEA, OPEC, Energy Information Agency [1:05:00] Where to learn? [1:16:00] More from Rory Johnston and Closing Questions Finally, a big thanks to the following sponsors for making the podcast a reality! Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive. --- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support

Hey Guys! This week’s topic is about global outperformers and our guest Dede Eyesan is here to share his knowledge. Last year, Dede published a book titled Global Outperformers, where he studied listed companies that returned more than 1,000% in 10 years. Throughout this episode we get to know who Dede Eyesan is, the process of researching 10 baggers, what are some similarities 10 baggers share between themselves, the differences between a profitable vs an unprofitable 10 bagger, differences between geographies and how we should implement the lessons learned. Make sure to follow Dede on Twitter. Here is the time stamp below:   [0:00] Who is Dede Eyesan? [6:00] Researching Companies that are 10 baggers. [8:00] Factor Analysis on 10 baggers. [16:00] Unprofitable Companies vs Profitable Companies [20:00] Results of Market Cap vs Returns [23:00] Returns and Geography: India [35:00] Chinese Outperformers [45:00] Japanese Outperformers [55:00] Swedish Outperformers [1:01:00] Implementing the Lessons Learned [1:15:00] More from Dede and Closing Questions Finally, a big thanks to the following sponsors for making the podcast a reality! Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive --- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support

Hey guys! Hope you're 2023 is off to a great start! I'm stoked to share the first interview of 2023! This week, I sat down with Nathalie Sinyard, a Behavioral Economist who specializes in studying burnout. That's right. The thing you and I do, but quietly tell ourselves its okay because we're "grinding." That thing.  Nathalie dispelled a lot of myths I had around burnout. I also opened up about my personal struggles with burnout. Things I still struggle with today.  I found this conversation tremendously enjoyable and I know you will too. There are practical tools you can use to reduce burnout when you're in it, as well as prevent it before it occurs.  If you enjoyed this podcast, check out Nathalie on Twitter @NathalieRach. Also check out her Behavioral consulting agency Cadence Behavioral.  Here is the time-stamp of our conversation:  [0:00] Who is Nathalie Synyard? [6:00] What is Burnout? [11:00] Burnout Stages [21:00] Personal Experience with Burnout [28:00] Burnout and OCD [31:00] Success and Burnout [34:00] Motivation vs Discipline [37:00] Burnout Effects on the Body [40:00] Energy Audits [44:00] The Power of Nature [50:00] Burnout Positives? [54:00] How to avoid Burnout? [01:02:00] More from Nathalie and Closing Questions Finally, a big thanks to the following sponsors for making the podcast a reality! Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive --- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support

This week we're continuing our Investor Audibles series with Q3/Q4 2022 letters from the following investors/funds: Vlata Fund (Q4 Letter) Greenhaven Road Capital (Q3 Letter) Tourlite Capital (Q3 Letter) Please let me know what other letters you'd want to hear on future Investor Audible series episodes!  Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive. --- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support

I came down with a mad cold this week and couldn't record a podcast. I don't think you want to hear voice any more nasaly than it already is.   Anyways, this week I'm releasing a Replay of one of our most popular episodes ever featuring The Shrub (or Shrubbery Capital).  We had a lot to cover on this conversation. We dive into Shrub’s background, working for event driven funds and family offices, his recycling investment thesis, structuring a trade, why we should we use stop losses and technical analysis, and how we can seamlessly transition into new industries and take what we learned before from other places and apply them to new esoteric ideas. If you like what you heard, please follow Shrub on Twitter @agnostoxxx You can check out the time-stamp below: [0:00] Why Shrubbery Capital? [9:00] What is Merger Arbitrage? [14:00] Becoming a Portfolio Manager [18:00] Blowing Up an Account. [22:00] Differences between Hedge Funds and Family Offices. [24:00] Structuring the Trade [31:00] Stop Losses and Technical Analysis [59:00] ESG [1:10:00] Recycling: Purecycle ($PCT) & Digimarc ($DMRC) [1:30:00] More from Shrubbery and Closing Questions Also, a big thanks to the following sponsors for making the podcast a reality! Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive --- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support

This week’s guest is Luke Wolgram. He is the most accurate investor according to Tip Ranks and during our conversation he shares his investing journey and philosophy, the benefits of Micro Caps, how he finds ideas, managing a portfolio and position sizing. Lastly he shares why Autpartn ($APR) a polish automotive parts distributor is an interesting idea. [0:00] Who is Luke Wolgram [4:00] Luke’s Investing Journey [8:00] Investing Philosophy [12:00] Why invest in Micro Caps? [16:40] Finding Ideas [19:30] Autopartn ($APR) [23:00] APR’s Unit Economics & Distribution Chain [30:00] APR’s Risks [34:00] Position Sizing and selling [38:00] Shorting TTCF [46:00] Options Selling [51:00] Taking the CFA [54:00] Long Term Goals [57:00] Whitehaven Coal ($WHC) [1:00:00] More from Luke and Closing Questions If you like what you heard, go follow Luke on Twitter @LukeWolgram. Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive --- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support

Hey guys! This week we have Nicholas E. Radice on the podcast. Nicholas is a distressed and real asset investor with a unique approach to markets. Nicholas is from Upstate NY and got his start in distressed investing after growing up in the midst of a manufacturing collapse in his hometown. After graduating from Cornell University, Nicholas worked under famous distressed investor Ian Cumming, before starting his own private investment holding company, backed by Peter Thiel.  This podcast dives into Nicholas's unique investment approach as he combines lessons from Cumming and Thiel into the forgotten corners of the markets like microcaps, dark stocks, and real asset plays.  If you enjoyed this conversation, make sure to follow Nicholas on Twitter @NICKRADICAL4.  Here's a time-stamp of our discussion:  [0:00] Introduction  [6:00] Reducing Complexity  [9:02] Finding What Matters Most [16:15] Defining Circle of Competence [28:00] Short Term Skeptic, Long Term Optimist [35:00] Lessons from Ian Cumming & Peter Thiel [60:00] Discarding Ideas Quickly [72:00] Dark Stocks, OTC Stocks, and Microcap Ideas [74:23] Mistakes of Omission  [80:05] Closing Questions Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive --- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support

This week we have the one and only Peter Mantas of Logos LP. This episode is the second time we solely focused on life sciences and the Biotech space. Peter explains how much the biotech and life sciences industry has change since the last time we spoke all the way back in February. He explains why Big Pharma might have a golden age, how to value the pipeline for some pharmaceuticals companies, gaging probabilities, what is bioprocessing, who are the C players and more! [0:00] What has changed since February? [10:30] The Golden Age of Big Pharma [18:00] The possible next big Pharma player [25:00] How to value the pipeline? [30:00] Gaging Probabilities [33:00] Strong Barriers to Entry [43:00] Who are the C players? [49:00] Management Teams [52:00] What is Bioprocessing? [1:09:00] LLY’s Relative Strength [1:16:00]Twitter Questions If you enjoyed this episode, go follow Peter on Twitter @Logos_LP. Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive. --- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support

This week we're stoked to have Mike aka @TheRealEstateG6 on the podcast.  Our conversation focuses on all things real estate investing.  He shared with us how he got into Real Estate and his his Real Estate career, what he thinks about Arbnb renting as a business, the most common mistakes that retail investors do, his best and worts investments and how he levered his knowledge on private Real Estate and create his own Real Estate Investing Fund.  So if you are interested in Real Estate investing definitely tune in! I consider this a "Zero To One" course on Real Estate Investing.  Check out the time stamp below: [0:00] Who is the Real Estate God? [6:19] Why not invest in hospitality real estate? [9:00] Best Investments & Worst Investments [18:00] Mortgage Rates and Real Estate [23:00] What are small deals in Real Estate? [28:00] Idea sourcing and Valuations [36:50] Common Mistakes [40:00] More from Real Estate God and Closing Questions If you like what you heard, go follow Mike on Twitter @TheRealEstateG6.  Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive. --- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support

Please enjoy our conversation with Samer Hakoura, Founder of Alphyn Capital.  We covered everything that an investor needs to know about Ashtead Group (LSE: $AHT), whether it is Ashtead’s history, what is their business, Ashtead’s Competitive advantages, its unit economic, value and why they still have future margin expansion and revenue growth.  Plus, Samer shares his investment journey such as how did he manage to run a Caribbean Supermarket and and what could possible go wrong with his Ashtead Investment. Check out the time-stamp below: [0:00] Who is Samer Hakoura? [2:50] Running a Caribbean Supermarket [8:00] Synthetic Leverage [12:20] Ideal Investment [14:40] Differences between private investing and investing on the public markets? [16:20] Ashtead Group (LSE: AHT) [19:00] Due Diligence [22:00] Ashtead’s History [33:30] Ashtead’s Unit Economics [38:40] Competition: United Rentals vs Ashtead. [50:00] Ashtead’s Exposure to the Macro Environment? [59:00] Why Ashtead has so much debt? [1:01:20] The Bear Case for Ashtead? [1:07:00] More from Sam and Closing Questions If you like what you heard, follow Samer on Twitter @SamerHakoura.  Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more! Tegus Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best. I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself. TIKR TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive. --- Support this podcast: https://podcasters.spotify.com/pod/show/valuehive/support