The Intellectual Investor – Value Investing by Vitaliy Katsenelson

https://traffic.libsyn.com/secure/intellectualinvestor/30_Years_in_America_v2_2021-12-20.mp3

On the 30th Anniversary of his family’s arrival in the United States from Soviet Russia, Vitaliy reflects on his time here. After recounting the hard early days in a new country when he was “fresh off the boat”, Vitaliy offers perspective on how America has changed since he arrived. What he sees now is, in some ways, more troubling than what he found all those years ago as a new immigrant.

You can read this article online here: https://investor.fm/30-years-in-america/

The post 30 Years in America – Ep 144 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

On the 30th Anniversary of his family's arrival in the United States from Soviet Russia, Vitaliy reflects on his time here. After recounting the hard early days in a new country when he was "fresh off the boat", Vitaliy offers perspective on how America has changed since he arrived. What he sees now is, in some ways, more troubling than what he found all those years ago as a new immigrant.

You can read this article online here: https://contrarianedge.com/30-years-in-america/

https://traffic.libsyn.com/secure/intellectualinvestor/This_Holiday_Will_Mr._Market_Eat_Too_Much_Pi_v7_2021-12-22.mp3

There is a cryptocurrency, also named Omicron, that was up 900% on the day the new COVID-19 variant was publicized. Try as he might, Vitaliy cannot figure out what would have caused this crypto to spike that day. He muses that Mr. Market must be so crazy right now, that he is bidding up the price of random tokens based merely on alphabetical order. What does this imply for stocks, if anything?

You can read this article online here: https://investor.fm/this-holiday-will-mr-market-eat-too-much-pi/

Essay link: https://investor.fm/why-do-i-write-a-27-page-letter-to-clients/

Vitaliy’s Article Almanac 2021: https://investor.fm/vitaliys-article-almanac/

The post This Holiday, Will Mr. Market Eat Too Much Pi? – Ep 143 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

There is a cryptocurrency, also named Omicron, that was up 900% on the day the new COVID-19 variant was publicized. Try as he might, Vitaliy cannot figure out what would have caused this crypto to spike that day. He muses that Mr. Market must be so crazy right now, that he is bidding up the price of random tokens based merely on alphabetical order. What does this imply for stocks, if anything?

You can read this article online here: https://contrarianedge.com/this-holiday-will-mr-market-eat-too-much-pi/

Essay link: https://contrarianedge.com/why-do-i-write-a-27-page-letter-to-clients/

Vitaliy's Article Almanac 2021: https://contrarianedge.com/vitaliys-article-almanac/

https://traffic.libsyn.com/secure/intellectualinvestor/Welch_vs_Bezos_v2_2021-12-08.mp3

During his tenure, Jack Welch built GE into an earnings estimates-beating-machine. There’s just one problem with that: it leads to extreme short-termism, and ultimately the misallocation of capital. Contrast this with Jeff Bezos’ approach of maximizing long-term free cash flow, disregarding the current quarter. Which business do you want to invest in?

You can read this article online here: https://investor.fm/welch-vs-bezos/

The post Welch vs Bezos – Ep 142 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

During his tenure, Jack Welch built GE into an earnings estimates-beating-machine. There's just one problem with that: it leads to extreme short-termism, and ultimately the misallocation of capital. Contrast this with Jeff Bezos' approach of maximizing long-term free cash flow, disregarding the current quarter. Which business do you want to invest in?

You can read this article online here: https://contrarianedge.com/welch-vs-bezos/

https://traffic.libsyn.com/secure/intellectualinvestor/Uber_Updated_v5_2021-11-24.mp3

Vitaliy re-shares and updates his analysis of Uber, and why it remains an attractive investment. He provides a mental model of how to analyze companies that may appear expensive but have yet to reach escape velocity in their cost structure and have a large market addressable market that they’ll likely dominate.

You can read this analysis online here: https://investor.fm/our-analysis-of-uber-updated/

The post Our Analysis of UBER (Updated) – Ep 141 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Vitaliy re-shares and updates his analysis of Uber, and why it remains an attractive investment. He provides a mental model of how to analyze companies that may appear expensive but have yet to reach escape velocity in their cost structure and have a large market addressable market that they’ll likely dominate.

You can read this analysis online here: https://contrarianedge.com/our-analysis-of-uber-updated/

https://traffic.libsyn.com/secure/intellectualinvestor/Inflation_Update_v3_2021-11-08.mp3

We are experiencing a perfect storm of inflation, formed by seemingly small factors. Each on its own may not be particularly significant, but once combined they result in an event that significantly exceeds the sum of all parts. Vitaliy provides an update on his previous inflation articles, and the risks he sees on the horizon.

Article: Inflation is here. But for how long? -> https://investor.fm/inflation-is-here-but-for-how-long/

Article: How We Invest In Inflation-> https://investor.fm/how-we-invest-in-inflation/

You can read this article online here: https://investor.fm/inflation-update-not-transitory-yet/

The post Inflation Update: Not Transitory Yet! – Ep 140 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

We are experiencing a perfect storm of inflation, formed by seemingly small factors. Each on its own may not be particularly significant, but once combined they result in an event that significantly exceeds the sum of all parts. Vitaliy provides an update on his previous inflation articles, and the risks he sees on the horizon.

Article: Inflation is here. But for how long? -> https://contrarianedge.com/inflation-is-here-but-for-how-long/

Article: How We Invest In Inflation-> https://contrarianedge.com/how-we-invest-in-inflation/

You can read this article online here: https://contrarianedge.com/inflation-update-not-transitory-yet/