Episodios
-
At first, investors loved them. Then, they hated them. Now, investors have left them for dead. Oil and gas pipeline companies are anything but popular. But they are essential businesses, with rising free cash flow and substantial dividend yields. In this podcast, Vitaliy walks you through IMA's recent investment in oil pipelines, and then gives an overview of his firm's sell discipline.
You can read these articles online here: https://contrarianedge.com/the-renaissance-of-pipelines/ and https://contrarianedge.com/our-sell-discipline/.
-
It all started after Vitaliy's daughter, Hannah, watched The Queen’s Gambit for a homework assignment. She told Vitaliy he had to watch it. He did, and loved it. But then Hannah said, “Dad, let’s play chess!”
In this podcast, Vitaliy explores his daughters' new found interest in the game, and the connection his family has to chess as part of Russian culture.You can read this article online here: https://contrarianedge.com/girls-gambit/
-
¿Faltan episodios?
-
Vitaliy recently had the pleasure to sit down with Angelo Robles of the Family Office Association. In this interview, Angelo and Vitaliy discuss Vitaliy's approach to portfolio construction, how value investors should think about the macroeconomy, how the stock market during the pandemic reminded Vitaliy of chess, and of course, Tesla. We hope you enjoy it!
You can watch the complete interview here: https://www.youtube.com/watch?v=kH6mFFyozCA&t=190s
-
Vitaliy has a problem with both value- and growth investing demagogues. While value demagogues tend to believe any company that trades at a P/E above the market average is too frothy, growth demagogues claim that price doesn't matter.
In this podcast, Vitaliy explains how both camps can be too narrow minded, and how investors should learn from the best of both sides when selecting companies to buy.You can read this article online here: https://contrarianedge.com/value-growth-demagogues/
-
The Winter 2020/21 Client Letter that Vitaliy just sent to IMA clients was 27 pages long. Over the next few weeks, he’ll share excerpts from the letter with you, our dear podcast listeners. These excerpts will not focus as much on individual "fish" (stocks) as they do on "how to fish."
In this podcast, Vitaliy discusses why he writes such long letters, and how to use a Stoic technique to help manage the emotions that come with the stock market.You can read these articles online here: https://contrarianedge.com/why-do-i-write-a-27-page-letter-to-clients/ and https://contrarianedge.com/dont-be-a-sophist/.
-
2020 will go into our memory banks as a very painful year. Stoicism, particularly the stoic practice of negative visualization, helped Vitaliy put 2020 into a broader historical context, and compare what happened, which was bad, to what could have happened. In this podcast, Vitaliy walks you through how Stoicism helped him put a challenging year into perspective.
You can read this article online here: https://contrarianedge.com/a-shift-in-perception-transforms-reality/
-
Amazon.com has announced an online pharmacy offering. How big of a punch could this be to drug distributors McKesson, Cardinal Health and AmerisourceBergen? In this podcast, Vitaliy takes you through why he believes these businesses will be resilient to any potential attacks from Amazon, with a particular focus on McKesson.
You can read this article online here: https://contrarianedge.com/mckesson-amazon-will-not-throw-this-drug-railroad-off-the-tracks/
-
In Part 2 of his interview with Jim Campbell, Vitaliy and Jim take a deep dive into assessing company management, nuanced thinking, and writing. To explore this, they examine the career of Masayoshi Son, the CEO of Softbank, in which Vitaliy's firm, IMA, used to own stock. Son's tenure has lots of lessons for investors, including the power of admitting mistakes. The conversation concludes with Vitaliy and Jim discussing their shared passion for writing, and the role it plays for them as investors and students of life.
You can listen to Part one here: https://investor.fm/interview-with-jim-campbell-ep-103
-
In this interview with Andrew Kleuss on Investors Hub, Vitaliy makes the case that concerns over Amazon's entry into the pharmaceuticals business are probably overblown. To parse this problem, Vitaliy differentiates between pharmacies and drug distributors, and analyzes the extent to which Amazon can compete with both. While Amazon might place some pressure on pharmacies over time, he explains how drug distributors' unique supply chains should remain robust against a competitive threat from Amazon.
-
Sometimes, simple rules add up to great results. In this podcast, Vitaliy shares some simple, straightforward heuristics which, when applied consistently over time, should help you compound your money in successful investments. They have certainly helped Vitaliy!
You can read this article online here: https://contrarianedge.com/these-simple-tips-can-make-you-a-better-investor/
-
In this interview with Jim Campbell, host of radio show Business Talk and author of the book Madoff Talks (see link below), Vitaliy gives a wide-ranging overview of Tesla and Elon Musk. From parallels between the transition to cars from horses, to the role that tax credits play in Tesla's valuation, to Musk's tweets, Vitaliy covers the gamut of all things Tesla.
Madoff Talks book link.
You can purchase Tesla, Elon Musk, and the EV Revolution as an ebook or paperback on Amazon, or receive it as a free email series in your inbox here.
-
In this podcast, Vitaliy celebrates his daughter Hannah’s love of reading and her budding talent as a writer. Then, drawing on formative childhood experiences with his father, he shares his thoughts on how to instill a love of classical music in children.
You can read this article online here: https://myfavoriteclassical.com/reading-and-listening/
-
When Vitaliy started writing his new book, it kicked off a slew of other positive changes in his life. In this podcast, Vitaliy covers how diet, exercise, and meditation have made him fitter, stronger, happier, and (hopefully!) a better person.
"I Don't Eat Desserts" article here: https://contrarianedge.com/i-dont-eat-desserts/
You can read this article online at: https://contrarianedge.com/my-self-improvement-journey/
-
Over the last six months, Vitaliy has skewed IMA's portfolios more towards defense companies. Why? The world appears less safe today than at any time since the Berlin Wall came down. Fast-forward two decades from then to now, and we find a drastically different world. In this podcast, Vitaliy explains his thoughts on the US, China, and the role defense companies play in IMA client portfolios.
You can read this article online here: https://contrarianedge.com/us-and-china-in-the-foothills-of-cold-war/
Disclosure: Read this before you buy your next stock
-
If you believe the global economy is doing great and stocks are cheap, this podcast is not for you. But if you believe that stocks are expensive, and that a global economic time bomb is ticking because of unprecedented intervention by governments and central banks, then listen away. Although this podcast was "written" in 2016, its major points, especially about geopolitical risk, inflation and deflation, and valuation, are even more relevant today.
You can read this article online at: https://contrarianedge.com/how-investors-should-deal-with-the-overwhelming-problem-of-understanding-the-world-economy/
-
Vitaliy recently read Make Time, written by Jake Knapp and John Zeratsky, two ex-Google engineers. The book made him look at technology companies and time from a slightly different perspective. In an age when attention is currency, time becomes extremely valuable. In this podcast, Vitaliy shares how he updated his time management practices after reading the book.
Article about financial budgeting: https://contrarianedge.com/personal-finance-advice-that-changed-my-life/
You can read this article online here: https://contrarianedge.com/resetting-defaults/
-
During the past several years, the Federal Reserve neatly groomed, manicured and then finely polished investment slopes for all asset classes by lowering interest rates to unprecedented levels. But ubiquitously rising valuations cover up a lot of mistakes and often a lack of skill. In this podcast, Vitaliy explores the ways that the market has been softened and groomed by the Fed -- and what could happen when that reverses.
You can read this article online here: https://contrarianedge.com/downhill-racing-meets-value-investing/
-
Part 2 of 2. It was a pleasure for Vitaliy to talk to Andrew Sather and Dave Ahern on the Investing for Beginners podcast. In part two of a two part series, they take a deep dive into Uber as a value investment, the competitive threat from Tesla and self-driving cars, and the capital expenditure required to justify Tesla's valuation. Enjoy!
Vitaliy's 13-page analysis of Uber (click here to read it)
You can listen to part 1 here-> https://investor.fm/investing-for-beginners-interview-part-1-ep-95
-
Part 1 of 2. It was a pleasure for Vitaliy to talk to Andrew Sather and Dave Ahern on the Investing for Beginners podcast. In part one of a two part series, they discuss how Coronavirus has impacted IMA's investing, the USD as reserve currency, IMA's investment in defense stocks, and the role that macroeconomics plays in investing today. Enjoy!
-
Vitaliy would be lying if he told you that over the last few years investing was not frustrating. Over that time, he's felt like he was driving the wrong way on a one-way growth highway. Albert Einstein defined insanity as “doing the same thing over and over again but expecting a different outcome.” Vitaliy can relate to this on some level. In this podcast, Vitaliy shares why he is not writing this from a mental asylum. He found solace in Stoicism.
Video link-> https://www.youtube.com/watch?v=fm2cnP1ruag
You can read this article online here-> https://contrarianedge.com/letter-from-the-value-investing-mental-asylum-or-how-i-embraced-stoics/
Disclosure: Read this before you buy your next stock
- Mostrar más
