The Laps & Gaps Podcast

Episode: With SPACs coming down the hype cycle, we look at what we believe the successful use of SPACs will look like in the future. We examine terms and use cases and how it can be more fair and appropriate for investors.

Podcast: A stock picking, mid-cap, concentrated, value investor chats with a venture capital professional about investing and things they've run into that are not necessarily intuitive, obvious, or consensus.

YouTube: https://youtu.be/dTbHDUu8pAE  

Welcome to Season 2 of Laps and Gaps. If season 1 was about proving this podcast in concept, season 2 it's about execution and proving that we're worth your time. 

The first episode welcomes Phil Ordway of Anabatic Capital as our first interview guest. 

In the first section, Basil makes a case that the Airline industry was worth the government support they enjoyed (~5 min). In the second section, Phil gets into the nuance of some of the competitive concerns of the airline industry (~45). In the third section, Jack joins Basil and gives his thoughts on the conversation. I hope you enjoy.

Follow Phil at @pcordway

Follow Basil at @balsikafi

Follow Jack at @jackson4w

We'll be back soon. 

We received listener questions, and today we try to answer those questions. Topics include elevated farm incomes, repositioning mall assets, FinTech, plant-based foods, valuation, and pivoting to cyclicals.

Follow us on Twitter

Basil - @balsikafi

Jack - @jackson4w

The content presented here only reflects the opinions of those presenting at the time of their conversation. It may not reflect their current views nor does it reflect the views of any institution they represent. Information presented may contain factual errors. Any opinion presented should be considered for informational purposes and not be relied upon in any investment decision. The opinions expressed by any host or guest should not be considered legal or investment advice, nor should they be used to evaluate any investment or security. The content is not directed at any investor or potential investor in any Fund or for any Firm. Clients of those presenting on this may hold investments mentioned and may have different investment goals from your own.

In today's podcast, Jack and Basil discuss ESG mandates and the gray area they must contend with as marijuana and psychedelics are legalized and pose some good for society. They disagree quite a bit. Quite a bit....

Follow Basil on Twitter: @balsikafi 

Follow Jack on Twitter: @jackson4w 

If you have a comment, question, or idea for the podcast, email us at [email protected]. Thanks for listening!

In today's podcast, recorded on November 10th, Jack and Basil talk small-ball about how Basil rotated his portfolio and some of the outsized moves in light of the Pfizer Covid vaccination news. We then spend more time talking about how Jack thinks about remote working and the skills gained evaluating entreprenuers during this period that he will use in a return to a more normal environment.

Follow Basil on Twitter: @balsikafi

Follow Jack on Twitter: @jackson4w

If you have a comment, question, or idea for the podcast, email us at [email protected].

Thanks for listening!

In today's episode, Jack and Basil talk about the concept of the owner's manual as originally discussed on the excellent August 21st Episode of the Manual of Ideas This Week in Intelligent Investing Podcast. In particular, Basil and Jack touch on how private and public companies can use the framework to help long term investors make investment decisions. 

Referenced Podcast: https://moiglobal.com/twiii-s1-e5/

Follow Basil on twitter: @balsikafi

Follow Jack on twitter: Jackson4W

In today's episode, Jack and Basil use the recent SPAC Canoo (CNOO) to touch on subscription automobiles, outsourced manufacturing, and what that might mean for dealerships. 

At the end, Basil updates the Triterras - A SPAC I Like podcast with an uncharacteristicly quick about-face.  He doesn't as much now.

Basil