The Acquirers Podcast

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. See our latest episodes at https://acquirersmultiple.com/podcast We are live every Tuesday at 1.30pm E / 10.30am P. About Jake Jake's Twitter: https://twitter.com/farnamjake1 Jake's book: The Rebel Allocator https://amzn.to/2sgip3l ABOUT THE PODCAST Hi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations. We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success. SEE LATEST EPISODES https://acquirersmultiple.com/podcast/ SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/ FOLLOW TOBIAS Website: https://acquirersmultiple.com/ Firm: https://acquirersfunds.com/ Twitter: https://twitter.com/Greenbackd LinkedIn: https://www.linkedin.com/in/tobycarlisle Facebook: https://www.facebook.com/tobiascarlisle Instagram: https://www.instagram.com/tobias_carlisle ABOUT TOBIAS CARLISLE Tobias Carlisle is the founder of The Acquirer’s Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon’s Business and Finance The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner’s Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World’s Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law. Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Guy Spier, an insightful investor and author, shares his investment and life philosophies, reflecting on Berkshire Hathaway's growth to a $1 trillion market cap. He emphasizes the balance between financial success and personal authenticity, inspired by legends like Warren Buffett. Spier discusses the importance of curiosity over distractions in decision-making. He also explores intertwining history and mathematics, the transformative power of vulnerability, and how skepticism can inadvertently bolster conspiracy theories, offering a unique lens on personal and collective growth.

Aaron Edelheit, a seasoned value investor specializing in cannabis and hemp, shares his fascinating journey from traditional stocks to navigating the complexities of the cannabis market. He discusses the positive social impacts of legalization in the U.S. and draws parallels with the beer industry's evolution. Edelheit addresses the challenges posed by regulatory complexities, including the burdens of the 280E tax, while highlighting promising investment opportunities. He also explores the philosophical implications of land value taxation, referencing Henry George's impactful theories.

Asif Suria, an expert in event-driven investing, delves into the nuances of corporate actions like mergers and SPACs. He discusses strategies such as merger arbitrage and the importance of assessing company fundamentals amid market volatility. Suria explores risks associated with investment timelines and the evolution from diversified portfolios to concentrated positions. He highlights the relevance of insider buying trends and market resilience, offering valuable insights for navigating the complexities of today's investment landscape.

Pieter Slegers, an expert in quality investing and compounding, shares his journey from finance professional to a passionate educator on investing. He discusses a unique three-step framework for identifying undervalued companies and highlights the importance of free cash flow yield. Diving into his Belgian roots, he contrasts conservative investment strategies with the US market, underscoring the enduring appeal of quality investments. A riveting riddle about two logicians showcases the analytical depth needed in investment reasoning.

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. See our latest episodes at https://acquirersmultiple.com/podcast We are live every Tuesday at 1.30pm E / 10.30am P. About Jake Jake's Twitter: https://twitter.com/farnamjake1 Jake's book: The Rebel Allocator https://amzn.to/2sgip3l ABOUT THE PODCAST Hi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations. We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success. SEE LATEST EPISODES https://acquirersmultiple.com/podcast/ SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/ FOLLOW TOBIAS Website: https://acquirersmultiple.com/ Firm: https://acquirersfunds.com/ Twitter: https://twitter.com/Greenbackd LinkedIn: https://www.linkedin.com/in/tobycarlisle Facebook: https://www.facebook.com/tobiascarlisle Instagram: https://www.instagram.com/tobias_carlisle ABOUT TOBIAS CARLISLE Tobias Carlisle is the founder of The Acquirer’s Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon’s Business and Finance The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner’s Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World’s Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law. Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Luca Dellanna, an author known for his insights on long-term thinking and ergodicity, delves into compelling concepts like survival versus performance and its impact on success. He clarifies ergodicity, emphasizing practical applications over theory. The discussion highlights the importance of long-term strategies in risk management, likening it to understanding car brakes. Dellanna shares thoughts on sustainable investment strategies and the need for moderation in risk management, all while weaving in personal anecdotes and a lighthearted take on his recent trip to Australia.

Returning guest, Bill Brewster, discusses market manipulation, stock market highs, electric vehicles, financial tools consolidation, isotopes applications, Berkshire's cash reserves, small caps, and AI advancements in various industries.

Matthew Sweeney from Laughing Water Capital discusses their boutique concentrated value strategy, challenges in value investing, importance of qualitative analysis, global value investing community, journey to value investing, fish behavior, fishbone diagram, fundamental investing complexities, bankruptcies in the restaurant industry.

Author of 'The Warren Buffett Way', Robert G Hagstrom, discusses embracing Buffett's principles, navigating psychological challenges in investing, nurturing creativity, exploring innovation, insights on book writing, value investing trends, and Bitcoin valuation insights.