The Business Brew

By Bill BrewsterBusiness Investing

The Business Brew episodes

January 15, 2021 Tyrone V Ross Jr. - A Powerful Advocate
We are fortunate to be joined by Tyrone V Ross Jr. What started out as a connection over BitCoin turned into something much more important. In this episode Tyrone discusses many issues that seem to be forgotten as the stock market hits new highs. We cover a wide range of issues and potential financial solutions.

We recommend listening to this one at 1x speed. As always, thank you for listening.
1 hr 42 min
January 08, 2021 Sean Stannard Stockton - A Renaissance Investor
We were fortunate to be joined by Sean Stannard Stockton, CIO of Ensemble Capital Management. Sean is one of the best generalist investors we know of. In this episode, Sean discusses: Running an investment firm during COVID-19; The need for companies to lead by example; The willingness to remain open minded; Thinking about serial acquirers; The potential perils of low/slow growth investing; His thoughts on position sizing; And he provides the best answer we've ever heard to an error of omission. We hope you enjoy this episode. You can find our more about Ensemble Capital Management at https://ensemblecapital.com/?gclid=Cj0KCQiA3NX_BRDQARIsALA3fIJGBM5kcERDGlwpAcPWjR2UtW6FSQCOY_6cSvZx56ss1CpDyXBAP7kaAntGEALw_wcB.
1 hr 25 min
December 25, 2020 Jack Rohrbach - A Success Story
This episode details the successful career of Jack Rohrbach. Jack began as a salesman and worked his way up. He made the most of every opportunity. While he often attributes his success to luck, it’s clear he was a team player who found out how to help those above him. In doing so, he became a leader. Our favorite quote of the interview occurred when Jack was talking about his later career. When asked how it felt to have a lot of employees working for him, he responded “I don’t look at it that way. I always thought I worked for them.” This episode show what persistence, hard work, and an open mind can accomplish. Jack went on to be Chairman of the Board for 10 portfolio companies at Kohlberg & Co. We hope you enjoy this holiday edition of The Business Brew. Thank you for tuning in. Happy Holidays and Happy New Year.
2 hr 25 min
December 11, 2020 Tobias Carlisle - A Modern Walter Schloss
Tobias Carlisle is a well known author. He's written extensively about value investing. In our view, Deep Value is one of the best investment books ever written.

He is also the founder and managing director of Acquirers Funds, LLC. See acquirersfunds.com

We hope this interview answers some of the tougher questions people have for him regarding “value’s” underperformance. And, more importantly, we hope to introduce a really unique individual to the investing community.

We are grateful for his appearance on the pod.”
2 hr 36 min
November 27, 2020 Dan McMurtrie - The Next Market Wizard
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.
2 hr 16 min
November 17, 2020 Michael Mitchell - Fundamental Opportunist
Welcome to the first episode of The Business Brew. Our first guest is Michael Mitchell. Michael is a former partner at Locust Wood Capital Advisors. He describes himself as 80% Greenblatt and 20% Buffett. Alternatively, he can be described as fundamental and opportunistic. Labels aside, he's a great thinker and a cool guy. So enjoy the episode and please subscribe to our feed.

2 hr 22 min