<div class="m_-6565917597824993124WordSection1"> The second episode of The Business Brew features Dan McMurtrie, PM at Tyro Partners.  In this episode Dan pulls back the curtain on how a true hedge fund manager thinks.  He discusses:</div> <div class="m_-6565917597824993124WordSection1"> </div> <div class="m_-6565917597824993124WordSection1">A tough launch (13:20)</div> <div class="m_-6565917597824993124WordSection1">Pivoting from "value" investing (17:50)</div> <div class="m_-6565917597824993124WordSection1">Agency costs hurting "value" investments (20:35)</div> <div class="m_-6565917597824993124WordSection1">Convergent & iterative thinking (32:40)</div> <div class="m_-6565917597824993124WordSection1">Risk management and buying higher (44:20)</div> <div class="m_-6565917597824993124WordSection1">The dangers of the value investing inoculation (46:50)</div> <div class="m_-6565917597824993124WordSection1">THE DATING PAPER (58:00)</div> <div class="m_-6565917597824993124WordSection1">Being early on COVID (1:08:00)</div> <div class="m_-6565917597824993124WordSection1">TINA + Liquidity Shortages + FOMO (1:22:11)</div> <div class="m_-6565917597824993124WordSection1">Businesses as networks of people (1:37:45)</div> <div class="m_-6565917597824993124WordSection1">The anointed companies (1:46:00)</div> <div class="m_-6565917597824993124WordSection1">Inflection points and when it "gets simple" 1:54:00</div> <div class="m_-6565917597824993124WordSection1">When paying more can reduce risk (2:00:00)</div> <div class="m_-6565917597824993124WordSection1"> </div> <div class="m_-6565917597824993124WordSection1">We are grateful to him for sharing his mind.  Please enjoy the episode. </div>

The second episode of The Business Brew features Dan McMurtrie, PM at Tyro Partners. In this episode Dan pulls back the curtain on how a true hedge fund manager thinks. He discusses: A tough launch (13:20) Pivoting from "value" investing (17:50) Agency costs hurting "value" investments (20:35) Convergent & iterative thinking (32:40) Risk management and buying higher (44:20) The dangers of the value investing inoculation (46:50) THE DATING PAPER (58:00) Being early on COVID (1:08:00) TINA + Liquidity Shortages + FOMO (1:22:11) Businesses as networks of people (1:37:45) The anointed companies (1:46:00) Inflection points and when it "gets simple" 1:54:00 When paying more can reduce risk (2:00:00) We are grateful to him for sharing his mind. Please enjoy the episode.

&nbsp;The second episode of The Business Brew features Dan McMurtrie, PM at Tyro Partners.&nbsp; In this episode Dan pulls back the curtain on how a true hedge fund manager thinks.&nbsp; He discusses: &nbsp; A tough launch (13:20) Pivoting from "value" investing (17:50) Agency costs hurting "value" investments (20:35) Convergent &amp; iterative thinking (32:40) Risk management and buying higher (44:20) The dangers of the value investing inoculation (46:50) THE DATING PAPER (58:00) Being early on COVID (1:08:00) TINA&nbsp;+ Liquidity Shortages&nbsp;+ FOMO (1:22:11) Businesses as networks of people (1:37:45) The anointed&nbsp;companies (1:46:00) Inflection points and when it "gets simple" 1:54:00 When paying more can reduce risk (2:00:00) &nbsp; We are grateful to him for sharing his mind.&nbsp; Please enjoy the episode.&nbsp;

Dan McMurtrie - The Next Market Wizard

Welcome to The Business Brew

This podcast’s mission is to dig deep into the thought patterns and analysis of investors and business people. The podcast stemmed from Bill Brewster consistently feeling like he was listening to prepackaged material while listening to podcasts. Instead, he wanted long form, in depth, discussions about finance, capital allocation, and the psychology of investing/business. 

We are interested in interviewing portfolio managers, Wall Street sell side analysts, buy side analysts, private investors, owner operators, and anyone that is willing to go in depth about running a company/division. So, if you are interested in participating please email us with the subject “Guest Appearance.” 

Disclaimer:   This podcast is for informational and educational purposes only.  Nothing in this podcast is investment advice.  All information in this is opinion based, potentially biased, and requires verification. 

Bill and his guests make no representation, warranty or undertaking, express or implied, as to the accuracy, reliability, completeness or reasonableness of the information contained in these podcasts. Any assumptions, opinions and estimates expressed constitute the participant’s judgment as of the date thereof and are subject to change without notice. Any projections contained in the information are based on a number of assumptions as to market conditions and there can be no guarantee that any projected outcomes will be achieved.  This podcast does not accept any liability for any direct, consequential or other loss arising from reliance on the contents of this presentation. 

This podcast series DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICIATION OF AN OFFER TO BUY ANY SECURITIES MENTIONED OR DISCUSSED. Seek the your financial, tax, legal, accounting, or other advisor’s advice before making any investment decisions.  We are not your fiduciary or advisor.

Business

Investing

Welcome to The Business Brew This podcast’s mission is to dig deep into the thought patterns and analysis of investors and business people. The podcast stemmed from Bill Brewster consistently feeling like he was listening to prepackaged material while listening to podcasts. Instead, he wanted long form, in depth, discussions about finance, capital allocation, and the psychology of investing/business. We are interested in interviewing portfolio managers, Wall Street sell side analysts, buy side analysts, private investors, owner operators, and anyone that is willing to go in depth about running a company/division. So, if you are interested in participating please email us with the subject “Guest Appearance.” Disclaimer: This podcast is for informational and educational purposes only. Nothing in this podcast is investment advice. All information in this is opinion based, potentially biased, and requires verification. Bill and his guests make no representation, warranty or undertaking, express or implied, as to the accuracy, reliability, completeness or reasonableness of the information contained in these podcasts. Any assumptions, opinions and estimates expressed constitute the participant’s judgment as of the date thereof and are subject to change without notice. Any projections contained in the information are based on a number of assumptions as to market conditions and there can be no guarantee that any projected outcomes will be achieved. This podcast does not accept any liability for any direct, consequential or other loss arising from reliance on the contents of this presentation. This podcast series DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICIATION OF AN OFFER TO BUY ANY SECURITIES MENTIONED OR DISCUSSED. Seek the your financial, tax, legal, accounting, or other advisor’s advice before making any investment decisions. We are not your fiduciary or advisor.

Share Dan McMurtrie - The Next Market Wizard

Sign up to save your podcasts

Dan McMurtrie - The Next Market Wizard

Dan McMurtrie - The Next Market Wizard

More shows like The Business Brew

We Study Billionaires - The Investor’s Podcast Network

The Meb Faber Show - Better Investing

Capital Allocators – Inside the Institutional Investment Industry

Focused Compounding

Chit Chat Stocks

The Market Huddle

The Acquirers Podcast

Value Investing with Legends

Excess Returns

Yet Another Value Podcast

Business Breakdowns

Behind the Balance Sheet

Forward Guidance

Joys of Compounding

Monetary Matters with Jack Farley