A discussion of (1) crowdsourcing investment ideas: Phil Ordway shares his thoughts on using social media and other venues to source ideas; and (2) yellow and red flags when assessing a business: Elliot Turner responds to a listener question on the things that might give an investor pause when it comes to moving forward with a potential investment.

A discussion of (1) the equity idea generation process: Elliot Turner responds to a listener question about idea generation and explains how he finds investment candidates; (2) quarterly update on Berkshire Hathaway: Chris Bloomstran takes a look at Berkshire's Q3 performance and notable events; and (3) duration and bond-style analysis: Phil Ordway reflects on recent market action to describe the concept of duration and how bond-style analysis can inform equity investment decisions.

A discussion of (1) how equity incentives affect long-term returns: Phil Ordway takes a look at some of the more excessive equity-based compensation practices at public companies, particularly in the tech sector; and (2) reverse DCF analysis as an analytical tool: Elliot Turner explains how he uses so-called "reverse" discounted cash flow (DCF) models in order to isolate the key variables that drive a company's valuation.

A discussion of (1) dividend payout policy as part of overall capital allocation: Chris Bloomstran casts a critical eye toward the tax (in)efficiency of dividends and the decision-making process behind corporate boards' dividend policies; (2) forecasting surprises (and disasters) based on a Phil Tetlock article: Phil Ordway shares insights from a recent Phil Tetlock article and takes a look at the conditions under which forecasting can add value.

A discussion of (1) the implications of automation: Elliot Turner examines the megatrend of automation from both a societal and investment perspective; (2) the concept of value traps: Phil Ordway shares his perspective on the widely used term "value trap"; and (3) a recap of stock market index data: Chris Bloomstran looks at the major U.S. stock market indices and their composition at the end of Q3.

In this special episode, Elliot Turner sits down with Isaac Schwartz, PM, Robotti & Company Advisors LLC for a detailed conversation on Isaac's long arc with the logistics behind food delivery.

A discussion of (1) the corporate tax code and the election; (2) sports/investing analogy; and (3) applying lessons from the breakup of AT&T.

A discussion of (1) The MVP Machine, and growth versus value: Elliot Turner draws parallels between investing and insights from the bestselling book, The MVP Machine; (2) The Snowflake IPO: Phil Ordway shares his research on Berkshire Hathaway-backed Snowflake, which went public recently at a rather ambitious valuation.

A discussion of (1) persistent vs. transient pandemic effects, led by Phil Ordway; and (2) busted IPOs and post-hype sleepers, led by Elliot Turner

A discussion of: (1) Nike's surprising success with online sales: the durability of the direct-to-consumer opportunity, and what sets apart brands like Nike and Adidas from rival brands as well as top beverage brands; and (2) valuing white space vs. realized ambition: how the market disproportionately rewards earlier-stage companies; the way TAMs collide and growth gets harder as companies scale; illustrated by Dropbox vs. Slack