Yet Another Value Podcast

Franco Chomonalez from Sophon Capital dives into Thunderbird Entertainment, a microcap gem in Canadian animation. He explains its attractive valuation at 1.6x EBITDA and discusses the company's three diverse revenue models. The conversation highlights Thunderbirds’ role with Disney and its advantages from Canadian tax credits. They also tackle the risks of AI in animation and shareholder tensions regarding potential sales. With TSX uplisting on the horizon, it could be a pivotal moment for this overlooked value opportunity.

In this discussion, Guowei Zhang, a writer at Yummy Century Stocks, gives insights into the $23 billion spectrum deal between AT&T and EchoStar. He examines the competitive dynamics in telecommunications, including challenges for cable companies and the potential impact of regulatory decisions. The conversation also delves into mergers and acquisitions in broadcasting and the psychological hurdles faced by value investors, offering lessons from personal experiences and broader market trends.

Dive into the transformative world of modern railroading as the hosts discuss the legendary Hunter Harrison. They explore his bold management style and the precision scheduled railroading model he pioneered. The conversation highlights his strategic alliances with notable investors and the tension between performance and personal image. They also delve into workforce management challenges, competition with trucking, and the evolving infrastructure of the industry. Was he a genius or just at the right place at the right time?

Discover essential tips for landing a job in investing, designed for college students and early-career professionals. Learn how gaining a CFA Level 1 can boost your credibility and why tailoring your outreach is key to effective networking. Explore creative tactics like starting a pseudonymous Substack to build skills and connections. The importance of crafting memorable stock pitches and leveraging unique insights from real-world interactions is also highlighted. This practical guide is a must for aspiring investors!

Jingshu Zhang, from Guinea Value and a founder in the education space, shares his deep insights into New Oriental Education, a major player in China's education market. He discusses the company's dramatic fall due to regulatory crackdowns and its surprising rebound. Jingshu reveals the impact of AI on education and challenges faced by traditional teaching methods. He also touches on financial strategies, including cash management and market misunderstandings, making the discussion both informative and engaging.

In this engaging discussion, Artem Fokin, a prominent figure from Caro-Kann and a seasoned investor, delves into the art of refining investment strategies. He shares insights on the evolving role of AI in research, highlighting its potential to transform market efficiency. Artem and host Andrew Walker debate the significance of long-term process improvements and the dangers of groupthink in investing. Their conversation underscores the importance of independent thought and the growing accessibility of research tools, essential for navigating the complexities of today’s market.

Explore the wild world of today's bifurcated market, where AI stocks shine while traditional sectors struggle. Discover the intrigue behind stock buybacks after earnings disappointments—are they fool's gold or genuine strength? Dive into 'hot girl marketing,' featuring insights on Sydney Sweeney's celebrity endorsements. Unpack savvy investment strategies and the psychology behind them, plus a thrilling challenge trade involving major players like Paulson and Icahn. It's a fascinating ride through the highs and lows of modern finance!

Jeremie Eliahou Ontiveros from SemiAnalysis, an expert in semiconductors and data centers, dives into the surging demand for power driven by AI. He discusses the shift from diesel generators to onsite gas turbines and the implications for sustainability. The chat covers hyperscaler capex forecasts, contrasting strategies between CoreWeave and Oracle, and the potential rise of remote data center hubs like Alaska. Jeremie also tackles the evolving landscape of robotics and automation, reflecting on future labor dynamics amid technological advancements.

Brian Laks from Old West Management, an expert in the metals and mining sectors, dives deep into uranium, copper, and gold. He discusses the evolving uranium market and the underestimated demand, alongside copper's strategic rise due to technological advancements. Laks highlights gold's unpredictable demand drivers and the impact of tariffs on copper valuations. The conversation also touches on government support for critical minerals and how AI's energy needs are reshaping the landscape of these vital resources.

Chris Waller, founder of Hidden Gems Investing, dives deep into Judges Scientific, a UK-based serial acquirer in the scientific instruments sector. He discusses their disciplined acquisition strategy and how it helps them stand out in a crowded market. Waller highlights the challenges of scaling acquisitions and shares insights on leadership succession risks. He also examines the impact of recent U.S. funding cuts on the company’s earnings while exploring market misperceptions and the intricacies of capital allocation in achieving sustained high returns.