The Intellectual Investor – Value Investing by Vitaliy Katsenelson

https://traffic.libsyn.com/secure/intellectualinvestor/273_Operation_Molly.mp3 📩 Join 100,000+ readers on my FREE weekly email newsletter: https://investor.fm/signup-for-articles/ 📚 Get my books: Soul in the Game – https://amzn.to/43CF73v The Little Book of Sideways Markets – https://amzn.to/3QWTlqZ Active Value Investing – https://amzn.to/3u8zn3A WHO AM I: Vitaliy Katsenelson is the CEO of Investment Management Associates (IMA) in 2012. Forbes Magazine called him “The New Benjamin Graham.” He’s written for publications including Financial Times, Barron’s, Institutional Investor, and Foreign Policy. The post Operation Molly – Ep 273 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

https://traffic.libsyn.com/secure/intellectualinvestor/272_Surrounding_Yourself_with_Greatness_-_Part_2.mp3 📩 Join 100,000+ readers on my FREE weekly email newsletter: https://investor.fm/signup-for-articles/ You can read the full essay: https://investor.fm/quality-matters-from-paris-to-portfolios/ The Ability to Suffer – Part 2 article link: https://investor.fm/the-ability-to-suffer-part-2/ 📚 Get my books: Soul in the Game – https://amzn.to/43CF73v The Little Book of Sideways Markets – https://amzn.to/3QWTlqZ Active Value Investing – https://amzn.to/3u8zn3A WHO AM I: Vitaliy Katsenelson is the CEO of Investment Management Associates (IMA) in 2012. Forbes Magazine called him “The New Benjamin Graham.” He’s written for publications including Financial Times, Barron’s, Institutional Investor, and Foreign Policy. The post Surrounding Yourself with Greatness – Part 2 – Ep 272 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

https://traffic.libsyn.com/secure/intellectualinvestor/271_From_Paris_with_Love2C_from_London_with_Concern_-_Part_1.mp3 📩 Join 100,000+ readers on my FREE weekly email newsletter: https://investor.fm/signup-for-articles/ You can read the full essay: https://investor.fm/quality-matters-from-paris-to-portfolios/ My Lady at the Musée painting image link: https://investor.fm/quality-matters-from-paris-to-portfolios/ Position sizing article: https://investor.fm/position-sizing-how-to-construct-portfolios-that-protect-you/ 📚 Get my books: Soul in the Game – https://amzn.to/43CF73v The Little Book of Sideways Markets – https://amzn.to/3QWTlqZ Active Value Investing – https://amzn.to/3u8zn3A WHO AM I: Vitaliy Katsenelson is the CEO of Investment Management Associates (IMA) in 2012. Forbes Magazine called him “The New Benjamin Graham.” He’s written for publications including Financial Times, Barron’s, Institutional Investor, and Foreign Policy. The post From Paris with Love, from London with Concern – Part 1 – Ep 271 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Discover the art of research as building your own investment world, where trust and criteria align. Learn about a unique rule for determining investment viability in countries, based on your ability to critique leadership. Vitaliy discusses why some investors shy away from tech stocks, emphasizing the need to stay within competence while embracing innovation. This intriguing session takes place during a lively weekend in Omaha, making for a thought-provoking exploration of current investment strategies.

Vitaliy reminisces about his explorations in London, highlighting the magic of musicals like Les Misérables and the comedic flair of The Book of Mormon. He contrasts London and New York's cultural nuances and shares his adventures traveling to Edinburgh on a sleeper train. Edinburgh’s medieval charm draws comparisons to Harry Potter, while tales of Loch Ness tourism and family connections add a personal touch. The importance of friendships formed through investing and the joy of traveling with family complete his enriching journey.

Vitaliy dives into the financial turnaround of Babcock, highlighting its improving performance and leadership under CEO David Lockwood. He explores the strategic importance of Babcock in the UK defense sector and its unique shipyard capabilities. The discussion also touches on management's ability to endure short-term pain for long-term gains, the role of investor patience, and the importance of aligning interests between management and shareholders. He shares insights on automation in shipbuilding and the cautious approach to client relationships.

Get ready for an intriguing exploration of rational irrationality, starting with luxury goods like mechanical watches that defy digital trends. Discover why Rolex maintains high demand through scarcity and storytelling. Vitaliy digs into buyer motivations and how retail environments, like a Gucci in Macy's versus Rolex on Bond Street, shape perceptions of value. Plus, learn about Fevertree's journey in creating a premium mixer category, emphasizing quality over profit. Each topic reveals the intricate dance between luxury branding and consumer psychology.

Vitaliy shares insights from his tour of an Amazon fulfillment center, highlighting how robots and algorithms orchestrate order fulfillment. He discusses the chaos theory of inventory management and the impact of gamification on worker performance. Reflecting on the human cost of automation, he raises concerns about job displacement and the potential for higher structural unemployment. Additionally, he emphasizes the need for future generations to develop uniquely human skills to thrive in an AI-driven world.

https://traffic.libsyn.com/secure/intellectualinvestor/265_Why_Smart_Investors_Should_Sit_Out_the_AI_Arms_Race.mp3 📩 Join 94,000+ readers on my FREE weekly email newsletter: https://investor.fm/signup-for-articles/   📚 Get my books: Soul in the Game – https://amzn.to/43CF73v The Little Book of Sideways Markets – https://amzn.to/3QWTlqZ  Active Value Investing – https://amzn.to/3u8zn3A   WHO AM I: Vitaliy Katsenelson is the CEO of Investment Management Associates (IMA) in 2012. Forbes Magazine called him “The New Benjamin Graham.” He’s written for publications including Financial Times, Barron’s, Institutional Investor, and Foreign Policy. The post Why Smart Investors Should Sit Out the AI Arms Race – Ep 265 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

📩 Join 94,000+ readers on my FREE weekly email newsletter: https://investor.fm/signup-for-articles/ Reader get-together sign up here: https://forms.monday.com/forms/8ba7f1e57a4eb7f9cdc44171bb78cab5?r=use1 Client letter Part 1,2,3 & 4: https://investor.fm/tag/client-letter/ Read this article before you buy a stock: https://investor.fm/the-client-who-changed-how-i-invest/ 📚 Get my books: Soul in the Game – https://amzn.to/43CF73v The Little Book of Sideways Markets – https://amzn.to/3QWTlqZ  Active Value Investing – https://amzn.to/3u8zn3A WHO AM I: Vitaliy Katsenelson is the CEO of Investment Management Associates (IMA) in 2012. Forbes Magazine called him “The New Benjamin Graham.” He’s written for publications including Financial Times, Barron’s, Institutional Investor, and Foreign Policy. The post Cost-Plus Capitalism: Lessons from HII and the Future of Naval Shipbuilding (Part 5) – Ep 264 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.