Tag Archive

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Where Do Returns Really Come From? Here’s an excerpt from the episode: Jake: Okay. You guys know Bloomstran’s Semper Augustus letter’s always a bit of a massive lift. It’s 130 pages typically. But towards the … Read More

In this episode of the VALUE: After Hours Podcast, Jake Taylor, Bill Brewster, and Tobias Carlisle chat about: Where Do Returns Really Come From? Updates To Acquirer’s Multiple Screens Buffett: Buybacks Are A Better Alternative Than Doing Something Stupid Expected Growth Is A Good Value Approach NFT’s Are Dead Net-Nets … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Facebook’s Metaverse Is A Giant Leap of Faith. Here’s an excerpt from the episode: Tobias: All right. Should we kick it off with the Facebook discussion since I’ve had people– [crosstalk] Jake: Are you sure … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Investing Lessons From Camels. Here’s an excerpt from the episode: Jake: Yeah, let’s do it. This is a good segue. Talking about Buffett and Munger, they always advise us to look for anomalies. In the … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Is Russia A Big Opportunity Right Now? Here’s an excerpt from the episode: Tobias: Let me segue like this. Is Russia a big opportunity right now? The Russian stock market? Bill: It could be. Jake: … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss The Importance Of Taking An Outside View. Here’s an excerpt from the episode: Toby: It is a little bit germane to the next point that I have, though, from– This is the Robeco piece. So, … Read More

In this episode of the VALUE: After Hours Podcast, Jake Taylor, Bill Brewster, and Tobias Carlisle chat about: Facebook’s Metaverse Is A Giant Leap of Faith The Importance Of Taking An Outside View Is Russia A Big Opportunity Right Now? Investing Lessons From Camels Trailing Multiples Will Get You Hosed … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Munger Using Margin To Buy Alibaba. Here’s an excerpt from the episode: Tobias: Why is Munger using margin to buy Baba? I don’t think that he has used margin specifically to buy Alibaba. I think … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Basket Investing vs Idiosyncratic Investing. Here’s an excerpt from the episode: Bill: Yeah. I think you’ve got to have a view on what short-form video does to the inherent nature of the platform. Tobias: Eh, … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Managing Quotational Risk. Here’s an excerpt from the episode: Jake: I think you did highlight an important point about– There’s quotational risk on anything. Do you want to ensure that quotational risk through CTAs, tail … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Value Returns 1866 to Date. Here’s an excerpt from the episode: Tobias: Who wants to kick it off? I’m going to take Jake’s paper away. Either way, it’s you, JT. So, let’s do the paper. … Read More

In this episode of the VALUE: After Hours Podcast, Jake Taylor, Bill Brewster, and Tobias Carlisle chat about: Value Returns 1866 to Date Managing Quotational Risk Basket Investing vs Idiosyncratic Investing Munger Using Margin To Buy Alibaba We’ve Had LBO’s For Seven Years Boyd’s OODA Loops Certain To Win Commodity … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Why Deep Value Works. Here’s an excerpt from the episode: Bill: I think that that’s a really short-term focus on something that’s supposed to have a 30-year duration plus. I don’t care much what happens … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Mauboussin – Underestimating The Red Queen. Here’s an excerpt from the episode: Jake: This white paper that Mauboussin has out, it’s called “Underestimating the Red Queen.” We actually have discussed already what a lot of … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss How Relevant Is ROE? Here’s an excerpt from the episode: Jake: Yeah. Well, it’ll be very interesting to see, one of the big differences in that analogy is the returns on equity of the businesses. … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Acquirers Multiple All-Time Spread. Here’s an excerpt from the episode: Tobias: I just have been interested like value’s the thing. My definition of value, The Acquirer’s Multiple has been sucking wind a little bit for … Read More

In this episode of the VALUE: After Hours Podcast, Jake Taylor, Bill Brewster, and Tobias Carlisle chat about: Acquirers Multiple All-Time Spread When ROE Matters Mauboussin – Underestimating The Red Queen Why Deep Value Works How Apple Is ‘Watching’ Facebook’s Latent User Intent This Is a Rate Rally ARKK Blow-up … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Give Me Optimism, But Not Yet! Here’s an excerpt from the episode: Bill: Hedgeye, I think people have mixed opinions about Keith McCullough. He’s definitely an aggressive personality with his marketing sometimes. But I understand … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Misinformation And Why We Should Stop Reading The ‘News’. Here’s an excerpt from the episode: Jake: Second book I read, which is called The Gray Lady Winked and this is by Ashley Rindsberg. This is … Read More

In their  latest episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discuss Li Lu’s Amazing Journey. Here’s an excerpt from the episode: Jake: Yeah. This segment came from a couple of books I read last week that I didn’t really ever imagine fitting together when they ended … Read More