Tag Archive

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

During their recent episode, Tobias Carlisle and Mike Meixler discussed Avoiding Value Traps with Capital Cycle Theory. Here’s an excerpt from the episode: Tobias: -and other kinds of businesses that are just temporarily cheap and might not have that secular decline in them? How do you tell the difference? Mike: … Read More

During their recent episode, Tobias Carlisle and Mike Meixler discussed The Cockroach Theory: Investing in Companies That Withstand Economic Recession. Here’s an excerpt from the episode: Tobias: What is your solution for that? How have you been dealing with that? Mike: Well, clients laugh. I tell them about the Meixlery … Read More

During their recent episode, Taylor, Carlisle, and Conor Maguire discussed Why Oil Will Remain Essential. Here’s an excerpt from the episode: Tobias: Glorious future. I’ve got a more general one, like, these are like borderline macro, but we’ve all got some macro influence in our portfolios. Jake: This is a … Read More

During their recent episode, Taylor, Carlisle, and Conor Maguire discussed UK Stock Market Woes: Why Domestic Investors Are Turning Away. Here’s an excerpt from the episode: Tobias: Conor, just more generally, why do you think that the UK stock markets had such a rough run over the last five plus … Read More

During their recent episode, Taylor, Carlisle, and Conor Maguire discussed Finding Your Ikigai: The Secret to Long-Term Success in Investing. Here’s an excerpt from the episode: Tobias: Yeah, nicely put. JT, you want to do some veggies? Jake: Yessir. So, let’s see. I recently learned about this Japanese concept called … Read More

During their recent episode, Taylor, Carlisle, and Conor Maguire discussed Maximizing Upside: A Framework for Asymmetric Risk-Reward Profiles. Here’s an excerpt from the episode: Conor: So, it’s basically three elements to it, really, I suppose, are valuation, obviously, the clue’s in the title. So, valuation focused where I don’t really … Read More

In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Conor Maguire discuss: Maximizing Upside: A Framework for Asymmetric Risk-Reward Profiles Finding Your Ikigai: The Secret to Long-Term Success in Investing UK Stock Market Woes: Why Domestic Investors Are Turning Away Why Oil Remains Essential: … Read More

During their recent episode, Taylor, Carlisle, and Brendan Hughes discussed How Jensen’s Inequality Can Help You Avoid Hidden Investment Risks. Here’s an excerpt from the episode: Tobias: JT, top of the hour. Do you want to do– give the people what they– [unintelligible 00:30:45]? Jake: There are dozens. All right, … Read More

During their recent episode, Taylor, Carlisle, and Brendan Hughes discussed How Labor Unions Are Reshaping Inflation Dynamics: A 1970s Parallel. Here’s an excerpt from the episode: Tobias: JT, you took a look at the inflation through the 1970s, sort of reared its ugly head. Then, it looked like we had … Read More

During their recent episode, Taylor, Carlisle, and Brendan Hughes discussed The Impact of Passive Investing: Are We Losing Price Discovery in Markets?. Here’s an excerpt from the episode: Tobias: Yeah. Then, Microsoft was old economy at that point. So, I do think that it was more of a large growth, … Read More

During their recent episode, Taylor, Carlisle, and Brendan Hughes discussed What Warren Buffett’s Market Cap-to-GDP Indicator Tells Us About U.S Stocks. Here’s an excerpt from the episode: Tobias: Yeah, thinking of you guys. Are there any lessons from all of these crises? What’s the takeaway in your mind? What should … Read More

In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Brendan Hughes discuss: What Warren Buffett’s Market Cap-to-GDP Indicator Tells Us About U.S Stocks The Impact of Passive Investing: Are We Losing Price Discovery in Markets? How Labor Unions Are Reshaping Inflation Dynamics: A 1970s … Read More