January 09, 2026

TIP782: The Search for Mispriced Stocks w/ Clay Finck

1 hour 1 minute

In this episode, Clay reviews the book Hidden Investment Treasures by Daniel Gladiš and explores how the rise of passive investing has created growing inefficiencies in today’s market.

IN THIS EPISODE YOU’LL LEARN:

00:00:00 - Intro

00:02:37 - How the rise of passive investing has weakened the price discovery process

00:07:38 - Why price and value often diverge in overlooked parts of the market

00:15:37 - Why today’s market environment may be especially favorable for disciplined value investors

00:23:53 - Why paying the right price matters more than forecasting short-term market movements

00:29:43 - How capital allocation, balance sheet strength, and management quality reduce investment risk over time

00:59:33 - Key lessons from real-world case studies, including Markel, NVR, Japanese equities, and banks

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Mastermind Community⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.

Learn how to join us in Omaha for the Berkshire meeting ⁠⁠here⁠⁠.

Daniel Gladiš’s book: Hidden Investment Treasures.

Learn more about Gladiš’s firm: The Vltava Fund.

Check out the Made in Japan Substack.

Related Episode TIP758: Current Market Conditions & Investment Opportunities w/ Derek Pilecki.

Follow Clay on X and LinkedIn.

Related ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠books⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ mentioned in the podcast.

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View all episodes

By The Investor's Podcast Network

4.6

32563,256 ratings

January 09, 2026

TIP782: The Search for Mispriced Stocks w/ Clay Finck

1 hour 1 minute

In this episode, Clay reviews the book Hidden Investment Treasures by Daniel Gladiš and explores how the rise of passive investing has created growing inefficiencies in today’s market.

IN THIS EPISODE YOU’LL LEARN:

00:00:00 - Intro

00:02:37 - How the rise of passive investing has weakened the price discovery process

00:07:38 - Why price and value often diverge in overlooked parts of the market

00:15:37 - Why today’s market environment may be especially favorable for disciplined value investors

00:23:53 - Why paying the right price matters more than forecasting short-term market movements

00:29:43 - How capital allocation, balance sheet strength, and management quality reduce investment risk over time

00:59:33 - Key lessons from real-world case studies, including Markel, NVR, Japanese equities, and banks

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Learn how to join us in Omaha for the Berkshire meeting ⁠⁠here⁠⁠.

Daniel Gladiš’s book: Hidden Investment Treasures.

Learn more about Gladiš’s firm: The Vltava Fund.

Check out the Made in Japan Substack.

Related Episode TIP758: Current Market Conditions & Investment Opportunities w/ Derek Pilecki.

Follow Clay on X and LinkedIn.

Related ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠books⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ mentioned in the podcast.

NEW TO THE SHOW?

SPONSORS

Support our free podcast by supporting our ⁠⁠⁠⁠⁠sponsors⁠⁠⁠⁠⁠:

HardBlock

Human Rights Foundation

Masterworks

Linkedin Talent Solutions

Simple Mining

Plus500

Shopify

Fundrise

Netsuite

References to any third-party products, services, or advertisers do not constitute endorsements, and The Investors Podcast Network is not responsible for any claims made by them.

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

...more