Tag Archive

During their recent episode, Taylor, Carlisle, and Matthew Fine discussed The Growing Divide in S&P 500 Valuations: What It Means for Value Investors. Here’s an excerpt from the episode: Tobias: One of the little charts that you had showed the S&P 500 quartile spreads most expensive to cheapest. It’s a … Read More

During their recent episode, Taylor, Carlisle, and Matthew Fine discussed Apperceptive Mass: From Katamari to Cognitive Growth. Here’s an excerpt from the episode: Tobias: We are right at the top of the hour, which means that it’s JT’s vegetables. Market for everybody who’s looking for the timestamp just wants to … Read More

During their recent episode, Taylor, Carlisle, and Matthew Fine discussed Mercedes and European Banks Are Leading in Shareholder Capital Returns. Here’s an excerpt from the episode: Matthew: Yeah. Maybe that’s the side of the top. I haven’t explicitly focused the way that he has on companies that are returning a … Read More

During their recent episode, Taylor, Carlisle, and Matthew Fine discussed Derating and Lack of Rerating Are Changing the Face of Value Investing. Here’s an excerpt from the episode: Tobias: This is a related question, but I tend to agree that if everything gets too cheap and all the competition for … Read More

In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Matthew Fine discuss: Derating and Lack of Rerating Are Changing the Face of Value Investing Mercedes and European Banks Are Leading in Shareholder Capital Returns Apperceptive Mass: From Katamari to Cognitive Growth The Growing Divide … Read More

During their recent episode, Taylor, Carlisle, Ben Beneche discussed Knot Theory Meets Private Equity: The Takahashi-Alexander Model Explained. Here’s an excerpt from the episode: Jake: All right. So, for today’s veggie segment, in mathematics, there’s this Knot theory which, like K-N-O- T, like, actually studying knots and the mathematics behind … Read More

During their recent episode, Taylor, Carlisle, Ben Beneche discussed How Language Reveals Management’s True Commitment to Shareholders. Here’s an excerpt from the episode: Jake: What do you look for with management? Ben: Look, skin in the game is great, but really, we want management who have an intangible insofar as … Read More

During their recent episode, Taylor, Carlisle, Ben Beneche discussed Invest in Durable Brands. Here’s an excerpt from the episode: Tobias: Durability is something that I’m particularly interested in. But how do you think through durability? What are the indicia of durability? Ben: So, look, it’s those two ideas I mentioned … Read More

During their recent episode, Taylor, Carlisle, Ben Beneche discussed Use Owner Earnings and Opportunity Cost to Drive Valuation Decisions. Here’s an excerpt from the episode: Tobias: When you construct a portfolio, what is the sizing at initiation? How big would you let something get? What’s the criteria for buying, and … Read More

In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Ben Beneche discuss: Use Owner Earnings and Opportunity Cost to Drive Valuation Decisions Invest in Durable Brands How Language Reveals Management’s True Commitment to Shareholders Knot Theory Meets Private Equity: The Takahashi-Alexander Model Explained Lessons … Read More

During their recent episode, Taylor, Carlisle, and George Livadis discussed Finding Long-Term Winners in Packaging and Exchange Stocks. Here’s an excerpt from the episode: Tobias: So, you don’t want to talk about individual names, but can you give us an idea of where you tend to look, what you tend … Read More

During their recent episode, Taylor, Carlisle, and George Livadis discussed From Internet Backbone to Bankruptcy: The Cautionary Tale of Nortel. Here’s an excerpt from the episode: Jake: [sighs] All right. Let’s do it. This one might actually fit in with some of the conversation about some of the bigger companies. … Read More

During their recent episode, Taylor, Carlisle, and George Livadis discussed Nvidia: The Company That Sucked All the Oxygen Out of the Market. Here’s an excerpt from the episode: Tobias: It must have been. Pretty clever. What about Nvidia? I don’t know much about Nvidia at all. It feels to me … Read More

In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and George Livadis discuss: Nvidia: The Company That Sucked All the Oxygen Out of the Market Why Mid-Caps Offer the Sweet Spot for Investors From Internet Backbone to Bankruptcy: The Cautionary Tale of Nortel Finding Long-Term … Read More

During their recent episode, Tobias Carlisle and Mike Meixler discussed Modern Examples of The Power of Buybacks. Here’s an excerpt from the episode: Tobias: The last 10 years or 15 years have really been characterized by flows to large caps, I think, and it’s starved a lot of the small … Read More

During their recent episode, Tobias Carlisle and Mike Meixler discussed Why Every Investor Should Hold Gold In Their Portfolio. Here’s an excerpt from the episode: Tobias: Let’s talk a little bit about gold, because I know you’ve got a holding in gold, and I had the Seawolf guys who were … Read More