The Business Brew
Bill Brewster
Welcome to The Business Brew
This podcast’s mission is to dig deep into the thought patterns and analysis of investors and business people. The podcast stemmed from Bill Brewster consistently feeling like he was listening to prepackaged material while listening to podcasts. Instead, he wanted long form, in depth, discussions about finance, capital allocation, and the psychology of investing/business.
Bill is a private investor. He cohosts the podcast Value: After Hours with Tobias Carlisle and Jake Taylor. Tobias, Jake and Bill met at a Berkshire Hathaway meeting and formed a lasting friendship. And, as it turns out, people really like the podcast.
While Bill tries to replicate Warren Buffett and Charlie Munger’s thought processes, he is heavily influenced by Bill Miller III, Stan Druckenmiller, and others. This podcast is his attempt to dig deeper into other investing/business philosophies and share the knowledge with the world.
We are interested in interviewing portfolio managers, Wall Street sell side analysts, buy side analysts, private investors, owner operators, and anyone that is willing to go in depth about running a company/division. So, if you are interested in participating please email us with the subject “Guest Appearance.”
Disclaimer: Bill manages a portfolio under the name of Sullimar Capital Group. This podcast is for informational and educational purposes only. Nothing in this podcast or on SullimarCapital.Group is investment advice. All information in this is opinion based, potentially biased, and requires verification.
Bill and his guests make no representation, warranty or undertaking, express or implied, as to the accuracy, reliability, completeness or reasonableness of the information contained in these podcasts. Any assumptions, opinions and estimates expressed constitute the participant’s judgment as of the date thereof and are subject to change without notice. Any projections contained in the information are based on a number of assumptions as to market conditions and there can be no guarantee that any projected outcomes will be achieved. This podcast does not accept any liability for any direct, consequential or other loss arising from reliance on the contents of this presentation.
This podcast series DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICIATION OF AN OFFER TO BUY ANY SECURITIES MENTIONED OR DISCUSSED. Seek the your financial, tax, legal, accounting, or other advisor’s advice before making any investment decisions. We are not your fiduciary or advisor.
This podcast’s mission is to dig deep into the thought patterns and analysis of investors and business people. The podcast stemmed from Bill Brewster consistently feeling like he was listening to prepackaged material while listening to podcasts. Instead, he wanted long form, in depth, discussions about finance, capital allocation, and the psychology of investing/business.
Bill is a private investor. He cohosts the podcast Value: After Hours with Tobias Carlisle and Jake Taylor. Tobias, Jake and Bill met at a Berkshire Hathaway meeting and formed a lasting friendship. And, as it turns out, people really like the podcast.
While Bill tries to replicate Warren Buffett and Charlie Munger’s thought processes, he is heavily influenced by Bill Miller III, Stan Druckenmiller, and others. This podcast is his attempt to dig deeper into other investing/business philosophies and share the knowledge with the world.
We are interested in interviewing portfolio managers, Wall Street sell side analysts, buy side analysts, private investors, owner operators, and anyone that is willing to go in depth about running a company/division. So, if you are interested in participating please email us with the subject “Guest Appearance.”
Disclaimer: Bill manages a portfolio under the name of Sullimar Capital Group. This podcast is for informational and educational purposes only. Nothing in this podcast or on SullimarCapital.Group is investment advice. All information in this is opinion based, potentially biased, and requires verification.
Bill and his guests make no representation, warranty or undertaking, express or implied, as to the accuracy, reliability, completeness or reasonableness of the information contained in these podcasts. Any assumptions, opinions and estimates expressed constitute the participant’s judgment as of the date thereof and are subject to change without notice. Any projections contained in the information are based on a number of assumptions as to market conditions and there can be no guarantee that any projected outcomes will be achieved. This podcast does not accept any liability for any direct, consequential or other loss arising from reliance on the contents of this presentation.
This podcast series DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICIATION OF AN OFFER TO BUY ANY SECURITIES MENTIONED OR DISCUSSED. Seek the your financial, tax, legal, accounting, or other advisor’s advice before making any investment decisions. We are not your fiduciary or advisor.
Episodes
Mentioned books
Aug 22, 2024 • 1h 29min
Richard Cook - Traversing For Value
Richard Cook, Co-Founder of Cook and Bynum, is a global investing expert with a focus on concentrated strategies in emerging markets. He shares valuable insights on navigating complex market dynamics, emphasizing the importance of long-term planning and understanding consumer behaviors. Discussions range from strategic investments in countries like Mexico and Turkey to overcoming challenges during the Greek financial crisis. Richard also highlights the necessity of transparent investor relations and the impact of cultural influences on consumer choices in the beverage industry.
4 snips
Aug 8, 2024 • 1h 4min
Bruce Berkowitz - Avoiding Disaster And Generating Returns While Doing So
Bruce Berkowitz, an esteemed investor known for his crisis strategies, shares compelling insights on investment opportunities in midstream energy and Florida real estate. He discusses the importance of management and culture in banking, while reflecting on missed opportunities with Sears and St. Joe's property transformations. Emphasizing due diligence, he speaks on navigating interest rates and necessary cash reserves to ensure safety during economic fluctuations. Berkowitz's decades of experience provide invaluable lessons for both seasoned and new investors.
Aug 1, 2024 • 1h 41min
Blake Haxton - Industrials and High Yield
Blake Haxton, an analyst at Brandywine Global Asset Management, specializes in high yield investments within traditional industries like energy and homebuilding. He shares insights on the tight supply-demand dynamics in commodities and discusses the unique challenges facing airlines amid rising labor costs. The conversation dives into the energy sector's resilience and investment potential, alongside the complexities of the housing market influenced by rising prices and interest rates. Haxton also explores the strategic merits of high yield as a valuable asset class.
Jul 23, 2024 • 1h 46min
Unlocking REIT Potential with Bill Chen: Navigating Multifamily and Office Market Dynamics
Real Estate Investment Trusts expert Bill Chen discusses due diligence processes, investment strategies, and market conditions for multifamily and office REITs. The podcast covers cap rates, public REIT decisions, distressed assets, and the impact of interest rates on investment returns. Insightful discussions on market fears, analyzing REIT investments, grocery-anchored shopping centers, and the correlation between interest rates and real estate investments.
Jun 27, 2024 • 1h 1min
Al Goldstein - Stoic Lane
Al Goldstein, Co-Founder, CEO, and Chairman of Stoic Lane, discusses the firm's focus on acquiring controlling positions in short term rental management and back-office solutions. Topics include Al's immigrant perspective, starting a private REIT, creating incentives for long-term success, and the company's capital-light model with regional brands. The podcast also explores the challenges of execution in business growth.
Jun 15, 2024 • 7min
Update
Bill drops in to give a podcast status update and let the listeners know what is going on.
Come see him at The CFA Society of New York on June 25th.
If you are interested in the golf events please send your information to businessbrewgolf@gmail.com.
Thank you as always for listening!
Jun 6, 2024 • 54min
Charles Lemonides - ValueWorks
Charles Lemonides, founder of ValueWorks LLC, discusses his investment philosophy focusing on finding growth opportunities at value prices. He shares insights on portfolio management, conceptual position sizing, and why Rivian may be a value investment. The conversation also touches on market cycles, Comcast, and what makes Charles tick.
May 24, 2024 • 1h 4min
Consuelo Mack - Host of WealthTrack
Consuelo Mack, host of WealthTrack, discusses her career in financial media. Topics include investor education, self-funding her show, transitioning from finance to journalism, reflections on Margaret Thatcher, market observations, behavioral economics, and prioritizing individual companies over market noise. The chapter also emphasizes integrity in investment insights and the importance of embracing challenges and choosing happiness.
May 16, 2024 • 1h 8min
Hunter Hopcroft - In Defense of REITS (and Marty Whitman!)
Hunter Hopcroft, Managing Director at Armada ETF Advisors, discusses REITs and market trends. Topics include public vs private REITs, Blackstone's investments, dividend growth, and multifamily housing scenarios. The conversation also touches on AI, energy, and Marty Whitman's legacy in finance.
May 9, 2024 • 1h 41min
Elliot Turner Returns
Elliot Turner, Managing Partner and CIO of RGIA Investment Advisors, discusses learnings from 2021 onwards, specific stock ideas like Fevertree, thoughts on portfolio management, incentives in finance papers, a great NVDA story, life sciences similarities to tech, interesting forces in biotech, costs of failure as opportunity, and more.
