Valuewalk's ValueTalks

Hello Listeners,

Today is very cool episode with the founder of Granite Shares, Will Rhind. One insight I drew from this conversation is the to humanize the process and if you want to start a company, just go for it.

00:57 – What inspired you to be an investor?

1:33 – What did you do before Granite shares?

3:47 – What is your investing philosophy and strategy?

6:37 – How do you define and manage risk?

8:08 – What gap in the ETF market does Granite Shares address?

10:05 – How do you challenge yourself as an investor?

11:29 – How do you plan on reaching the legacy stage at a more efficient structure?

12:54 – How would you describe your brand?

15:20 – How do you go about educating clients and potential clients?

16:22 – “Investing is as exciting as it once was”, can you explain that?

17:57 – You recently launched a gold etf with really low fees, how do you stay competitive?

18:51 – For gold, what is your advice to investors?

20:25 – What were you biggest challenges when you launched your ETF?

22:58 –What is your advice for people who want to pursue ETF?

24:19 – Did you have any mentors along the way?

27:10 – Where else do you draw inspiration for your business such as books?

29:27 – Where do you see the ETF industry heading in the next 5,10 years?

31:07 –How would you explain an ETF to someone new to it?

31:59 – What are your favorite books?

Enjoy and thank you for the listen!

Hello Listeners,

Today is a very special episode. I have Don Steinbrugge and we will be discussing his recent report on industry trends with hedge funds. This is a great listen if you want to know more about what it takes to build a successful hedge fund and factors to consider.

1:25 – How did you get started in this profession and why did you choose hedge funds?

6:15 – What do you enjoy most about your work?

13:43 – Do you notice any commonalities that the good hedge funds do even though they have different strategies?

15:27 – You recently came out with a forecast, can you tell me about it and how you came up with it?

21:28 – Can you tell me about the out of favor hedge fund strategies heading into 2018 and why they are losing their luster?

30:53 – Do you find any of those strategies hard to market to institutional investors?

32:43 – Can you tell me about the arms race for alpha and how data scientist are becoming increasingly important?

36:09 – How are pension funds using hedge funds and can you tell me about the endowment model and how the use of hedge funds has evolved?

39:41 – Can you tell me about the growth in hedge fund distribution and what is leading to this new trend?

44:29 – Can you tell me about the rise of crypto hedge funds and the challenges they face in terms of operations and marketing?

54:21 – What are your favorite books?

1:00:30 – Do you have any advice for upcoming hedge fund managers or anyone wanting to pursue this profession?

Enjoy and thank you for the listen!

Hello Listeners,

Today is very special episode. I have Tobias Carlisle talk about all aspects of investing and his recent book the Acquirer's Multiple.

1:17 Tell what led you down the investment path and what interested you the most?

3:35 What do you enjoy most about what you do?

5:37 What is your investment philosophy and investment strategy?

9:13 What would you say is the underlying principles of your strategy?

11:09 How did you develop it and come about it?

17:11 What are value traps?

18:45 How does the acquirer’s multiple differ from the PE and other multiples?

21:31 What is the margin of safety and how should it be applied?

22:39 What is mean reversion?

27:18 Can you go over the 9 rules of deep value?

30:53 What are your views on portfolio diversification and concentration?

36:27 How do you define and manage risk?

37:34 What are your favorite books?

39:16 What are your favorite finance articles?

40:00 What are your favorite hobbies?

40:37 Where can people find more information on you?

42:10 Thoughts on bitcoin and crypto?

There is also a giveaway: https://giveaway.amazon.com/p/4a9bba47573fecd4

Thank you for the listen and enjoy!

Hello Listeners,

Today is a very special episode with William Smead. He is the CEO and CIO of Smead Capital Management. This episode is filled with great nuggets on the approach of investing and what he looks for in investments. We also discuss his recent newsletter, "Confusing Brains with a Bull Market".

​1:41 How did you get started in the investment profession and why did you choose this career path?

2:39 What interested you the most about this profession?

3:35 If you were going to do this today, would you still do it?

22:10 Can you quickly go over your report, “Confusing Brains with Bull Markets”?

38:03 What do you expect coming 2018?

41:18 How do you define and manage risk?

51:47 Quickly, what are your thoughts on cryptocurrency and bitcoin?

53:27 What are your favorite books?

54:03 Where can people find more information on you and your writing?

Enjoy and thanks for the listen!

Hello Listeners,

Welcome to another very special episode with William J Bernstein. He is an incredible guest and financial thought leader. We cover a wide range of topics in this episode.

1:45 Can you describe your 1972 doctoral thesis?

3:55 Can you describe that process of working on your phd and the lessons you learned pursing that?

6:29 What lessons did you learn in information gathering?

11:04 Just want to ask you about your advisor, professor Melvin calvin, how important was he to you?

17:24 What led you to finance and investing?

22:00 What are your views on the value premium?

26:26 What are your views on the small cap premium?

28:43 What are your views on bitcoin?

34:14 What is your advice for new investors?

37:42 What is the best way to vet the right informational sources?

45:25 How do you go about finding the relevant information when you write a book?

53:43 What are your favorite books and books you are currently reading now?

56:25 What are your recommended finance journal articles?

Thank you for the listen and please enjoy!

Hello Listeners,

Welcome to another very special live episode with Mitchell Goldberg. We had a great conversation covering various topics. One of the key takeaways from this conversation was when Mitchell said, "Can we currently live without blockchain technology and still survive?" There a few great nuggets scattered throughout our conversation.

1:42 How did you get started in this profession and why this field?

2:49 What attracted to you about it?

7:17 What about robo advisers?

10:46 What investing philosophy do you adhere to? What strategies do you follow?

14:53 How do you go about selecting for the portfolio?

20:32 What are you thoughts on bitcoin?

26:39 Any advice on how to keep you temperament and emotions in check while investing in bitcoin?

33:23 What are your views on the passive vs active?

40:09 What are your favorite books?

43:46 What are your hobbies?

45:45 Where can people find more information on you?

Enjoy and thanks for the listen!

Hello Listeners,

I was live with Nolan Bauerle from Coindesk. We discuss the basics of bitocoin, blockchain, and the nature of the evolving industry.

1:29 How did you get started in blockchain and cryptocurrencies? What inspired you?

3:26 What is blockchain and what are cryptocurrencies?

5:05 What is the blockchain?

8:05 What is the difference between bitcoin, Ethereum and all the others popping up?

9:43 What are smart contracts?

9:58 What are initial coin offerings?

13:20 What gives the cryptocurrencies value?

17:17 From the investor’s perspective, how should they approach investing in cryptocurrencies?

24:34 How can blockchain be applied to other industries?

28:23 What are the common misconceptions?

31:35 What is the investor’s beginning guide to get into this space?

35:01 What are the trends and future for cryptocurrencies?

41:40 What is coindesk and what do you guys do?

52:33 What are your favorite books?

53:43 Do you have any mentors in this space?

56:15 Where can we find more information on you?

Enjoy and thanks for the listen!

Hello Listeners,

Today is a very special episode with John Buckingham. He is the editor of the Prudent Speculator and CIO and Chief Portfolio Manager of AFAM Capital. Today we talk about the newsletter and his investment strategy.

Enjoy and thanks for the listen!

Hello Listners,

Today is a very special guest, Stanislas Dupré, the founder of the 2 degree investing initiative. In this episode, we discuss "Limited Visibility: The Current State of Corporate Disclosure on Long-term Risks".

1. What is the degree investing initiative? (12 sec.)

2. What is the tragedy of the horizon and why is this important? (2:16)

3. What are the key findings of your report?(5:53)

4. What are the obstacles to long-term risk disclosures? (13:02)

5. How do analyst use forward looking disclosures? (15:52)

6. What are the implications, positive trends and recommendations? (18:02)

7. What are examples and case studies of companies that do have long-term risk disclosures? (22:28)

8. What are the favorable winds for long-term risk management and disclosure? (23:28)

9. What roles do financial professionals have to try to push these longer term risk disclosures best practices? (30:13)

10. Can you just quickly go over the best practices that you would like to see companies/ investors do?

11. What are you favorite investment books? (36:09)

Enjoy and thanks for the listen!

Hello Valuewalk listeners,

Today is a very special episode recorded live with Joe Cioffi. We discuss his article "Subprime Surprise? Subprime Auto Overcollateralization May Not Be Overly Protective". Check out his site at http://creditchronometer.com/.

Enjoy and thanks for the listen!