After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

You're invited to join the ADI newsletter - https://afterdinnerinvestor.substack.com/Introducing the Buy/Sell page.What it is.Why it helps.How I use it.The Buy/Sell page - https://afterdinnerinvestor.com/buy-sell/Questions and comments welcome at https://afterdinnerinvestor.com/contact/Follow the show on Twitter - https://twitter.com/afterinvestor

You're invited to join the ADI newsletter - https://afterdinnerinvestor.substack.com/If you don't mind, please take 30 seconds and leave a rating or review where you listen to podcasts because it really helps grow the show, thank you!Show notes:I'm back.The two ways I do investing these days.The game plan for this show.The number one lesson I'm learning from recent Mohnish Pabrai talks.Almost never sell a wonderful business.Investing isn't about falling in love.Uninvestable because it's cheap?Gulfport Energy bankruptcy and lessons learned.Questions and comments welcome at https://afterdinnerinvestor.com/contact/Follow the show on Twitter - https://twitter.com/afterinvestor

You're invited to join the ADI newsletter - https://afterdinnerinvestor.substack.com/News About The After Dinner Investor LibraryThird Quarter Portfolio UpdateADI Library YouTube - YouTubeADI Library Podcast - Apple Podcast

You're invited to join the ADI newsletter - https://afterdinnerinvestor.substack.com/Investing In BondsHoward Marks' PendulumGeneral Reading vs Deep DivesMacerichSuncor EnergyFollow the show @afterinvestor - TwitterBrad's Video On Risk - YouTubeThe Most Important Thing by Howard Marks - AmazonInvestment Thesis on Macerich - YouTube‘The New Map’ Review: Tapping the Untappable - The Wall Street JournalPresentations - Suncor EnergyAnnual Reports - Suncor Energy

Seritage LivestreamMargin of Safety Becoming RealBuy/Sell ParagraphsShare Count vs Dollar AmountDefending Against Artificial IntelligenceWarren Buffett And The Japan Company HandbookTom and Brad's Seritage Livestream - https://youtu.be/weFoLy2tzssWhat Warren Buffett sees in Japan Inc - https://www.economist.com/business/2020/09/26/what-warren-buffett-sees-in-japan-incMohnish Pabrai on How Biases Lead to Investment Mistakes - https://moiglobal.com/mohnish-pabrai-2017/

On today's show, Jason introduces the Superinvestor Sip, he talks about the new Scuttlebutt series on the website, he covers the recent tech drop and shares his plans with Apple, and then he talks about his new investment in Discovery (DISCA) and why he thinks it's a high uncertainty, low-risk situation.The Superinvestors of Graham-and-Doddsville by Warren E. Buffett - https://www8.gsb.columbia.edu/sites/valueinvesting/files/files/Buffett1984.pdfScuttlebutt - https://afterdinnerinvestor.com/category/scuttlebutt/John Malone interview - https://youtu.be/HIM71DNF08kDavid Zaslav interview - https://youtu.be/XOL4sT6ok-oThe Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success - https://amzn.to/3m7Nyh8

Flotek was recently selling for $80 million and had over $60 million of cash. I missed it, and now it's up over 80% in a few weeks. But I learned an important lesson, real book value matters, and real book value can sometimes provide a margin of safety if the price is low enough.Flotek Industries - https://seekingalpha.com/symbol/FTK

This week Jason reviews the second quarter 13Fs of the great investors like Warren Buffett, Mohnish Pabrai, Guy Spier, Bill Ackman, and others. Thanks for listening and sharing!13F Cloning - https://afterdinnerinvestor.com/13f-cloning/Follow Jason - https://twitter.com/AfterInvestor

This week Jason talks about doing something he's never done before. He talks selling Apple stock and potentially making a small bet on Seritage Growth Properties. And he talks about Warren Buffett buying Bank of America and Berkshire Hathaway in the Scuttlebutt.What do you think about Seritage?Follow Jason - https://twitter.com/AfterInvestorWatch Tom's video about Mohnish Pabrai buying Seritage stock - https://youtu.be/3DBWvTOEw9AMohnish Pabrai talking Seritage in Barron's in 2017 - https://www.barrons.com/articles/lamperts-seritage-strategy-could-lead-to-long-term-gains-1492836691Warren Buffett buys more Bank of America stock - https://afterdinnerinvestor.com/warren-buffett-just-bought-more-bank-of-america-stock-for-24-a-share/

Jason missed a 20-bagger with Kodak. He saw insiders were buying and he saw there was net cash, but he didn't do anything about it, and he missed his chance. This led to him realizing he needs to start taking advantage of opportunities he is able to find using his natural gifts for decision making with incomplete information, and to do it in a smart, managed risk way. Twitter - https://twitter.com/AfterInvestorWebsite - https://afterdinnerinvestor.com/