This Week in Intelligent Investing examines timely and timeless investment topics to help you become a better investor. Enjoy authentic, unscripted discussion, featuring Chris Bloomstran of Semper Augustus Investments Group, Phil Ordway of Anabatic Investment Partners, Elliot Turner of RGA Investment Advisors, and other thought-leading investors. The podcast is to you exclusively by MOI Global, the research-driven membership organization of intelligent investors. Your host is John Mihaljevic, Chairman of MOI Global.
Crowdsourcing Ideas | Yellow and Red Flags When Analyzing a Company
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.
Idea Generation | Berkshire Hathaway Q3 Update | Bond-Style Equity Analysis
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.
Equity Incentives and Long-Term Investing I Reverse DCF as an Analytical Tool
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.
Dividend Policy and Capital Allocation | Forecasting Surprises and Disasters
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.
Unstoppable Automation Trend | Value Traps and IBM | Index Data Insights
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.
Special: The Logistics of Food Delivery, with Isaac Schwartz and Elliot Turner
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.