During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Huber discussed Buffett’s Korean Basket Bet: Achieving Diversification and High Returns. Here’s an excerpt from the episode: Tobias: There’s good comment here from Dimitrios. “This is why starter investors tend not to appreciate diversification and are under-diversified.” How … Read More
Free Money + Carry Trade: Why Buffett’s Japan Bet is a Masterclass in Value Investing
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Huber discussed Free Money + Carry Trade: Why Buffett’s Japan Bet is a Masterclass in Value Investing. Here’s an excerpt from the episode: Tobias: Japan was a good one. The more recent Japan one was a good … Read More
Ergodicity in Action: Betting on Skiers with Risk & Reward Trade-offs
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Huber discussed Ergodicity in Action: Betting on Skiers with Risk & Reward Trade-offs. Here’s an excerpt from the episode: Jake: Well, he’s run lots of marathons. Yeah, he’s going to run Boston. So, I have a little … Read More
Coffee Cans vs. Punch Cards: The Balancing Act of Portfolio Management
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Huber discussed Coffee Cans vs. Punch Cards: The Balancing Act of Portfolio Management. Here’s an excerpt from the episode: Tobias: What’s your longest-term investment, John? Have you held onto anything for the whole ride? John: I don’t … Read More
Despite China’s Significant Economic Expansion The Stock Market Has Shown Minimal Growth
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, Forehand, and Carbonneau discussed Despite China’s Significant Economic Expansion The Stock Market Has Shown Minimal Growth. Here’s an excerpt from the episode: Tobias: One of you guys was saying that there’s a big bifurcation between the performance of … Read More
Investing Lessons From Slime Molds
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, Forehand, and Carbonneau discussed Investing Lessons From Slime Molds. Here’s an excerpt from the episode: Jake: Better do some vegetables, huh? All right. So, yeah, we wouldn’t want to miss out on this one either. We’re talking about … Read More
Negative Investor Returns: Despite Impressive Fund Performance
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, Forehand, and Carbonneau discussed Negative Investor Returns: Despite Impressive Fund Performance. Here’s an excerpt from the episode: Tobias: To some extent, Ken Heebner had the CGM focus fund, which is, famously one that– It returned something like 17% a … Read More
Data-Mined Factors With No Theoretical Explanation Perform Just As Well
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, Forehand, and Carbonneau discussed Data-Mined Factors With No Theoretical Explanation Perform Just As Well. Here’s an excerpt from the episode: Tobias: Jack, do you want to walk us through your data mining paper? Jack: Oh, sure. Yeah. It … Read More
VALUE: After Hours (S06 E04): Validea’s Jack Forehand and Justin Carbonneau on Value, Growth, and Momo
In their latest episode of the VALUE: After Hours Podcast Jake Taylor, Tobias Carlisle, Jack Forehand, and Justin Carbonneau discuss: Data-Mined Factors With No Theoretical Explanation Perform Just As Well Negative Investor Returns: Despite Impressive Fund Performance Slime Molds: Problem-Solving Without a Brain Despite China’s Significant Economic Expansion The Stock … Read More
A Guide to Exploiting Predictable Correlations and Volatility
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Rasmussen discussed A Guide to Exploiting Predictable Correlations and Volatility. Here’s an excerpt from the episode: Tobias: This might be a state secret, but how does Dan get the data for all of his bonds? Dan: You can get … Read More
The “Value Winter” is Thawing: Insights on a Potential Value Comeback
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Rasmussen discussed The “Value Winter” is Thawing: Insights on a Potential Value Comeback. Here’s an excerpt from the episode: Tobias: Why don’t we start there? I think you and I have fairly similar approaches in the sense that … Read More
Japan: The Unexpected Treasure Trove for Value Investors
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Rasmussen discussed Japan: The Unexpected Treasure Trove for Value Investors. Here’s an excerpt from the episode: Dan: And so, I’d say like, “Well, where can you buy small companies that are cash flow generative at low prices today?” … Read More
VALUE: After Hours (S06 E03): Verdad’s Dan Rasmussen on Quant Small, Cheap, Levered Stocks-US and Japan
In their latest episode of the VALUE: After Hours Podcast Jake Taylor, Tobias Carlisle, and Dan Rasmussen discuss: The True Power of Value Investing Lies in Market Unpredictability Japan: The Unexpected Treasure Trove for Value Investors The “Value Winter” is Thawing? Insights on a Potential Value Comeback Guide to Exploiting Predictable … Read More
Buffett’s Bullish Tune Change: Stewarding the System
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Travis discussed Buffett’s Bullish Tune Change: Stewarding the System. Here’s an excerpt from the episode: Tobias: To be fair, Buffett was pretty bullish in 2007 too. Tim: He was a big bullish America guy. Like, always bet … Read More
China’s Investment Landscape: A Risk Worth Ignoring or Embracing?
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Travis discussed China’s Investment Landscape: A Risk Worth Ignoring or Embracing?. Here’s an excerpt from the episode: Jake: -it’s reasonably priced. [Tobias laughs] If rates stay this low and returns on equity stay this high, then the … Read More
Think Smarter, Not Harder: How “Obvious Adams” Can Boost Your Investing
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Travis discussed Think Smarter, Not Harder: How “Obvious Adams” Can Boost Your Investing. Here’s an excerpt from the episode: Tobias: JT, it’s the top of the hour. You want to do your–? Jake: I would love to. … Read More
AIG, Fairfax, Berkshire Hathaway: Favorite Insurance Plays for Long-Term Returns
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Travis discussed discussed AIG, Fairfax, Berkshire Hathaway: Favorite Insurance Plays for Long-Term Returns. Here’s an excerpt from the episode: Tobias: What about financials? Banks in general, financials generally, same deal? Tim: Well, I think insurance companies have … Read More
VALUE: After Hours (S06 E02): Tim Travis on Options, Energy, Financials, Including $C, $BRK, and $FFH
In their latest episode of the VALUE: After Hours Podcast Jake Taylor, Tobias Carlisle, and Tim Travis discuss: AIG, Fairfax, Berkshire Hathaway: Favorite Insurance Plays for Long-Term Returns Think Smarter, Not Harder: How “Obvious Adams” Can Boost Your Investing China’s Investment Landscape: A Risk Worth Ignoring or Embracing? Buffett’s Bullish … Read More
Musk Borrows From History: How Tesla is Channeling Henry Ford to Dominate EVs
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Tsai discussed Musk Borrows From History: How Tesla is Channeling Henry Ford to Dominate EVs. Here’s an excerpt from the episode: Christopher: And like to your point, things changed pretty quickly. There’s a guy by the name … Read More
Ron Baron’s Wisdom: Risking Assets for Tomorrow’s Cash Flow
During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Tsai discussed Ron Baron’s Wisdom: Risking Assets for Tomorrow’s Cash Flow. Here’s an excerpt from the episode: Christopher: One of my mentors, Ron Baron, taught me very early on how companies that are growing very rapidly are … Read More