Valuewalk's ValueTalks

Hello Listeners,

Today is a very special episode with Jim Osman, the founder of the Edge. He is back and shares more wisdom on investing in spinoffs. Also, Jim is hosting another Spinoff Conference with a star studded line up and all proceeds are donated to the Alzheimer’s Association.

https://www.eventbrite.com/e/how-to-exploit-the-value-in-spinoffs-tickets-52091456950

Enjoy and thanks for the listen!

Simon Lack, the founder of SL Advisors

ValueWalk interview with Howard Marks on Oaktree Capital Management on his new book Mastering the Market Cycle: Getting the Odds on Your Side, value investing, reading, his life and much more

Good morning listeners,

Today is a very special episode with Phil Bak, the founder and CEO of Exponential ETFs. Exponential ETFs manages the American Customer Satisfaction ETF and the Reverse Cap Weighted ETF. Before this, he was the managing director at the New York Stock Exchange where he grew the NYSE listing business to 90% market share by AUM and over 2 trillion in total assets for NYSE listed ETFs. He is a graduate of Yeshiva University and is a chartered alternative investment analyst. I want to welcome Phil to the show and all our listeners to a very special episode.

1:20 – Tell me about your background and what led you to the finance

industry?

2:01 – What led you to the ETFs?

4:10 – When you first started, how would you define an ETF and has it changed now?

7:20 – How has the industry progressed since you got started?

10:15 – When you try to find those strategies, how do you go about it?

11:38 – Where do you find inspiration for thinking outside the box?

15:40 – Can you describe more about the research behind your 2 ETFs?

18:25 – Is it specific to US?

19:30 – Can the customer satisfaction be seen in the R&D portion of the company?

22:00 – For the reverse cap, did you find any interesting findings?

24:10 – Can you project the CSAT into the future?

25:10 – How would you define risk?

27:15 – In terms of your ETF, how do you manage risk?

29:05 – What are your views on active investing?

30:15 – Do you view active management as your competition?

31:15 – What are your favorite books?

Enjoy and thanks for the listen!

Good morning listeners,

Today is a very special episode with Eric Ervin, founder and CEO of Blockforce Capital. In today's episode we discuss ETFs and blockchain.

1:33 – Tell me about your background and what led you to finance?

2:21 – What led you to ETFs?

3:55 – You recently converted Reality Shares to Blockforce, may I ask why and what led to that?

5:55 – What excites you most about the blockchain space?

8:20 – Who are the companies heavily investing in blockchain?

10:40 – How do you evaluate companies investing in blockchain is can you find out the return on investment?

14:06 – With the venture, hedge fund, and ETF, do you have an overall process and approach?

16:50 – On a personal level, do you follow a particular philosophy?

19:04 – What are cryptocurrencies and crytoassets and what are the differences?

24:05 – When you invest in cryptocurrencies, how do you approach it and what do you look for?

28:21 – How do you define risk? How do you measure and manage it?

32:05 – What is your pragmatic view of blockchain and digital assets?

37:04 – What are your favorite books?

Enjoy and thanks for the listen!

The founder of AgeCroft Partners, Don Steinbrugge.

Salil Mehta. He is chief risk and analystics engineer and is a weekend professor at Columbia.

Hello Listeners,

Tobias is back for another episode with my co-host, Adam. Tobias is the author of the "Acquirer's Multiple" and founder and managing partner at Carbon Beach Asset Management.

1:25 – Just curious to start out with a 30,000 foot view where the Acquirer’s Multiple fits into this and what you are adding?

6:32 – Do you think that American Express investment represented the shift in the evolution into Buffet’s style like the first non-Ben Graham style investment?

12:26 – What is the apples to apples outperformance of the Acquirer’s Multiple methodology compared to Greenblatt’s magic formula?

12:56 – Have you had the opportunity to speak with Greenblatt and present your findings to him?

14:19 – The Acquirer’s Multiple methodology?

16:42 – How do you spend most of your day?

22:51 – What are your views on the passive versus active debate?

22:50 – So you start out with the screen and look at each company and then defer back to the screen, how do you does the process work?

26:45 – Did you construct this system yourself?

29:37 – If you had to pick one stock and hold it for the next 30 years?

30:47 – How many factors due you screen on?

32:41 – What advice would you give a young millennial entering the money management business?

34:28 – What is the most important thing people do not know about you?

39:05 – What do you know now that you wish you knew then?

42:37—What do you do for fun?

Enjoy and thanks for the listen!

Today is a very special episode with Tian Yang, head of research at Variant Perception.

Whitney Tilson talks life https://www.valuewalk.com/