Yet Another Value Podcast

Judd Arnold discusses offshore drilling space, $TDW update, activism, $VAL, $RIG, $NE, Petrobas risk, macro risks, recent positions, and lessons learned. Topics include market correction, exercising call options, Gulf of Mexico, and focusing on activism.

Brett Caughran, Lead Trainer and Founder of Fundamental Edge, discusses earnings season, fundamental stories, liquidity and market efficiency, small caps, pod shop strategies, interest rate environment, risk management, and pod shop culture in this episode.

Patrick Wolff, former US Chess champion, discusses a wide range of topics including the right to buy stocks, domestic vs. international focus, indexing vs. single stock investing, battleground stocks, advantages of investing in MicroCap stocks, and shares his thesis on Transact Technologies $TACT.

Jim Royal, Author of 'Zen of Thrift Conversions', provides the basics of 'Thrift Conversions' in this podcast. He discusses the safety and management incentives associated with these conversions. Jim also explains how investors can participate in IPOs of thrift conversions and explores the current banking environment. He highlights the characteristics of poor conversions and the importance of investor activism. Additionally, he shares three interesting de-mutualizations to look at. Overall, this podcast offers valuable insights into the world of thrift conversions and their potential benefits for investors.

Adam Patinkin, Managing Partner at David Capital Partners, LLC, discusses his investment thesis on Vistry Group PLC, UK’s leading provider of affordable mixed tenure homes. Topics include Vistry's partnership business model, competitive moat, future growth prospects, and UK housing cycle.

In this episode, Chris DeMuth, an expert in the markets, discusses merger arb, $ROIV, $IMVT, and thoughts on $SAVE. He also shares his views on 2024 and lessons learned from 2023. The conversation covers topics such as litigation, secondary offerings, government cases against industries, LNG contracts, and the lack of skill in corporate transactions.

Adam Wilk, founder and portfolio manager of Greystone Capital Management, discusses the resurgence of Sylogist following a corporate overhaul. Topics include the company's strategic review, transition to the cloud, Microsoft partnership, focus on nonprofit and government verticals, and valuation.

Kevin Mak, Founder of Creek Drive Capital and Teacher at Stanford University, discusses his thesis on Sphere Entertainment. Topics include valuation of Sphere, revenue perspectives, sustainability of movies, customer demand, external revenue streams, corporate governance, and more.

John Huber, the founder and portfolio manager at Saber Capital Management, discusses the concept of "inevitable retail winners" and shares his thesis on Floor & Decor. He talks about characteristics of inevitability, gives examples of retail companies that exemplify this concept, and delves into the moat and valuation of Floor & Decor. The podcast also covers topics like retail management and culture, macro impact on Floor & Decor, and the risks associated with the investment.

Lionel Hutz, editor of Valorem Research Newsletter, provides a breakdown of the Spirit / JetBlue trial. Topics discussed include the DOJ's case, harm in local markets, JetBlue's arguments, expert witnesses, relevant markets, evidence supporting each side, timing of ruling, and the legacy of the outcome.