Flyover Stocks
Todd Wenning
Flyover Stocks (www.flyoverstocks.com) is an investing newsletter focused on identifying overlooked companies with economic moats led by thoughtful stewards of shareholder capital. On this podcast, host and publisher Todd Wenning, CFA shares audio versions of written Flyover Stocks posts and the occasional audio-only episode. Register today at www.flyoverstocks.com to learn more about Flyover Stocks and get all the latest Flyover Stocks posts in your email. None of the content should be considered investment advice. Please do your own due diligence.
Episodes
Mentioned books
Jan 28, 2024 • 6min
Plato to Portfolios: Why Liberal Arts Majors Should Pursue the Investing Industry
In this episode, Todd Wenning shares his advice for liberal arts majors looking to start a career in the investment industry and encourages universities and investment firms to promote the career to liberal arts majors. Please visit www.flyoverstocks.com for important disclosures.
Jan 9, 2024 • 8min
How to Quantify the Qualitative
In this episode, Todd Wenning introduces the Flyover Stocks scoring system for quantifying qualitative factors like moats and management and how you can use such ratings in position sizing and portfolio management. Please visit www.flyoverstocks.com for charts, tables, and important disclosures.
Jan 6, 2024 • 11min
Mind the Gap: The Risks of Missing Moat, Management, or Valuation
Todd Wenning discusses the risks to long-term investors if they are missing moat, management, or valuation criteria in their investment thesis about a company. Please see www.flyoverstocks.com for charts and important disclosures.
Dec 26, 2023 • 6min
Buffett's Aim Small, Miss Small Approach
In this episode, Todd Wenning looks at the math behind why Warren Buffett starts looking at companies trading around 15 times earnings. Please visit www.flyoverstocks.com to see accompanying charts and tables, and to view important disclosures.
Dec 22, 2023 • 11min
15 Questions to Ask Management Teams, Revisited
In this episode, Todd Wenning shares 15 questions he often asks when meeting management teams of companies he's researching. Please visit www.flyoverstocks.com to view the original post and for important disclosures.
Dec 20, 2023 • 13min
Letting Go: Why Selling is so Hard to Do
For long-term investors in quality businesses, deciding to sell down or fully exit an investment can be an agonizing process. Behavioral biases and personalities can complicate these decisions. In this episode, Todd Wenning discusses some ways in which we might improve our selling process. Please visit www.flyoverstocks.com for charts and important disclosures.
Dec 18, 2023 • 10min
Position Sizing: Optimizing for Better Returns
Knowing how much to invest behind each holding is a critical but under-discussed component of portfolio returns. In this episode, Todd Wenning suggests some ways to think about position sizing and the benefits and risks of various approaches. Please visit www.flyoverstocks.com to see charts and read important disclosures.
Dec 16, 2023 • 8min
Why Network Effects Unravel
In this episode, host Todd Wenning discusses why for network effects to occur, the product or service has to be highly relevant to its users. When relevance fades, network effects quickly unravel. Please visit www.flyoverstocks.com to see additional charts and important disclosures related to this post.
Dec 14, 2023 • 6min
5 Signs of a Flyover Stock
Todd Wenning shares five characteristics of overlooked companies he aims to profile at Flyover Stocks. Please visit www.flyoverstocks.com for charts, illustrations, and important disclosures.
Dec 12, 2023 • 17min
Flyover Stock: Howdens Joinery
Todd Wenning heads across the Pond to profile Howdens Joinery: a UK-based building materials distributor with a unique business model and expanding network of efficiently-run depots. This post was originally shared on September 5, 2023 and was recorded in December 2023. Please visit www.flyoverstocks.com to read the full report which includes charts, valuation, and important disclosures.
