100 episodes

Eric Schleien discusses value investing, rational investment analysis, and vital mental models.

The Intelligent Investing Podcast Eric Schleien

    • Business
    • 4.6 • 98 Ratings

Eric Schleien discusses value investing, rational investment analysis, and vital mental models.

    #157: Martin Marietta $MLM - Andrew Sather

    #157: Martin Marietta $MLM - Andrew Sather

    New Podcast
    Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance.


    Podbean
    This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out!


    TIKR.COM
    This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent


    NET NET HUNTER
    This episode is sponsored by Net Net Hunter. If you’re interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It’s a service I love and I am proud to be able to offer this service to my listeners. If this is something you’re interested in, please click here.


    Summary
    On today's episode, I sit down with Andrew Sather who is a self-taught investor since 2012. He specializes in identifying value traps and avoiding stock market bankruptcies. You can also listen to his podcast - Investing For Beginners.


    Show Notes
    [2:29] Infrastructure Bill


    [3:34] Not a typical minding company - economic moat


    [4:32] Long-term industry tailwinds


    [5:27] 125 year quarry rights


    [7:56] Valuing the business


    [9:47] Discussing $MLM's competitor Vulcan Materials $VMC


     


    Resources
    Seeking Alpha Articles by Andrew Sather

    E-Investing for Beginners


     



    HELP OUT THE PODCAST





    If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      


    You can subscribe to the podcast on the following platforms:


    Apple Podcasts

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    TuneIn

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    GET IN TOUCH WITH ERIC SCHLEIEN
    Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram


    Email: IntelligentInvesting@gmail.com

    • 13 min
    #156: Analyzing Target Corporation $TGT - Andrew Sather

    #156: Analyzing Target Corporation $TGT - Andrew Sather

    New Podcast
    Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance.


    Podbean
    This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out!


    TIKR.COM
    This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent


    NET NET HUNTER
    This episode is sponsored by Net Net Hunter. If you’re interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It’s a service I love and I am proud to be able to offer this service to my listeners. If this is something you’re interested in, please click here.


    Summary
    In today's episode, I sit down with Andrew Sather who is a self-taught investor since 2012. He specializes in identifying value traps and avoiding stock market bankruptcies. You can also listen to his podcast - Investing For Beginners.


    Show Notes
    [3:06] Walmart vs Target


    [7:11] Returns on Invested Capital & Re-investment opportunity


    [8:14] Valuing Target


    [9:40] Corporate waste at Walmart


     


    Resources
    Seeking Alpha Articles by Andrew Sather

    E-Investing for Beginners


     



    HELP OUT THE PODCAST





    If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      


    You can subscribe to the podcast on the following platforms:


    Apple Podcasts

    Stitcher

    TuneIn

    Spotify

    Podbean

    iHeart Radio

    YouTube





    GET IN TOUCH WITH ERIC SCHLEIEN
    Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram


    Email: IntelligentInvesting@gmail.com

    • 11 min
    #155: $WFC / $BAC / $JPM; Analyzing Bank Stocks & The Banking Industry - Andrew Sather

    #155: $WFC / $BAC / $JPM; Analyzing Bank Stocks & The Banking Industry - Andrew Sather

    New Podcast
    Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance.


    Podbean
    This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out!


    TIKR.COM
    This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent


    NET NET HUNTER
    This episode is sponsored by Net Net Hunter. If you’re interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It’s a service I love and I am proud to be able to offer this service to my listeners. If this is something you’re interested in, please click here.


    Summary
    On today's episode, I sit down with Andrew Sather who is a self-taught investor since 2012. He specializes in identifying value traps and avoiding stock market bankruptcies. You can also listen to his podcast - Investing For Beginners.


    Show Notes
    [3:19] Bank Of America $BAC


    [3:39] Just a crazy amount of capital that's flowing into these banks...


    [6:30] Lending to the fed...


    [7:51] Fintech


    [8:50] $BAC and $WFC still attracting new deposits in a low interest rate environment


    [10:42] Federal Reserve Bank Requirements


    [12:27] I'm bullish on the industry in general...


    [12:48] Bank Valuation Metrics


    [16:45] Building an economic moat through customer service in banking


    Resources
    Seeking Alpha Articles by Andrew Sather

    E-Investing for Beginners



    HELP OUT THE PODCAST





    If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      


    You can subscribe to the podcast on the following platforms:


    Apple Podcasts

    Stitcher

    TuneIn

    Spotify

    Podbean

    iHeart Radio

    YouTube





    GET IN TOUCH WITH ERIC SCHLEIEN
    Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram


    Email: IntelligentInvesting@gmail.com

    • 19 min
    #154: Pershing Square Tontine $PSTH - Andrew Walker

    #154: Pershing Square Tontine $PSTH - Andrew Walker

    New Podcast
    Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance.


    Podbean
    This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out!


    TIKR.COM
    This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent


    NET NET HUNTER
    This episode is sponsored by Net Net Hunter. If you’re interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It’s a service I love and I am proud to be able to offer this service to my listeners. If this is something you’re interested in, please click here.


    Summary
    On today's episode, I sit down with Andrew Walker who is a portfolio manager at Rangeley Capital LLC and runs Yet Another Value Blog. We discuss Pershing Tontine (PSTH), a SPAC run by Bill Ackman that just recently announced a deal to acquire 10% of Universal Music Group (UMG) from Vivendi.


    Show Notes
    [4:24] The UMG announcement


    [7:15] Background on SPACs


    [9:47] A unique tontine structure


    [14:38] Spinning Eagle SPAC


    [16:50] SPACs vs SPARCs


    [22:31] Valuation


    [27:09] UMG's Economic Moat


    Resources
    PSTH Article 1:


    https://yetanothervalueblog.substack.com/p/further-breaking-down-and-simplifying


     


    PSTH Article 2:


    https://yetanothervalueblog.substack.com/p/breaking-down-the-ridiculously-complex


     



    HELP OUT THE PODCAST





    If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      


    You can subscribe to the podcast on the following platforms:


    Apple Podcasts

    Stitcher

    TuneIn

    Spotify

    Podbean

    iHeart Radio

    YouTube





    GET IN TOUCH WITH ERIC SCHLEIEN
    Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram


    Email: IntelligentInvesting@gmail.com


    Disclosure: Eric Schleien and some SMA clients of Eric Schleien through Granite State Capital Management, LLC own shares of PSTH. Nothing here is investment advice. Do your own due diligence.  

    • 34 min
    #153: Multi-bagger Potential in Solitron Devices $SODI; a recap of Entercom $ETM/$AUD and Northfield Precision $NFPC - Trey Henninger

    #153: Multi-bagger Potential in Solitron Devices $SODI; a recap of Entercom $ETM/$AUD and Northfield Precision $NFPC - Trey Henninger

    NEW PODCAST
    Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance.


    Podbean
    This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out!


    TIKR.COM
    This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent


    NET NET HUNTER
    This episode is sponsored by Net Net Hunter. If you’re interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It’s a service I love and I am proud to be able to offer this service to my listeners. If this is something you’re interested in, please click here.


    Summary
    Today’s interview guest is Trey Henninger where we discuss the multi-bagger potential in Solitron Devices as well as do a recap on Entercom (now known as Audacy), and Northfield Precision.


    You can listen to the former Northfield Precision podcast here, and the Entercom podcast episode, here.


    Trey Henninger runs the blog and podcast, DIY Investing. Trey is a private value investor focused on microcap and dark stocks in the United States. His focus is on high-quality companies with predictable durable earnings where management has skin-in-the-game. Trey runs a concentrated portfolio. By focusing on small companies, Trey hopes to find overlooked compounders at value prices. His favorite opportunities have a market cap below $50 million.


    Show Notes
    [00:02:50] What is Solitron?


    [00:03:42] "I interviewed the CEO on my podcast" 


    [00:04:29] This was at the time a $5 million market cap company. And they looked like they were going to earn something like half a million dollars to a million dollars ...


    [00:05:58]  "I think the best way to  value the company is using an earnings analysis"


    [00:09:27] Consistently profitable with strong moat


    [00:12:52] Bought a new facility


    [00:14:18] Company hitting an inflection point


    [00:15:09] Recap on Entercom (ETM)


    [00:17:29] Recap on Northfield Precision (NFPC)


    RESOURCES
    My Book on Amazon

    Alex Bossert's VIC writeup on $SODI

    Trey Henninger's Stock Thesis on $SODI 



    Connect With Trey Henninger

    Twitter

    Blog

    Spotify

    Apple Podcasts

    YouTube


    HELP OUT THE PODCAST





    If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      


    You can subscribe to the podcast on the following platforms:


    Apple Podcasts

    Stitcher

    TuneIn

    Spotify

    Podbean

    iHeart Radio

    YouTube





    GET IN TOUCH WITH ERIC SCHLEIEN
    Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram


    Email: IntelligentInve

    • 21 min
    #152: The Discovery Communications $DISCA $DISCK / WarnerMedia $T Merger

    #152: The Discovery Communications $DISCA $DISCK / WarnerMedia $T Merger

    New Podcast
    Hey All! I've started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance.


    TIKR.com
    This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com's free beta today with tikr.com/intelligent


    Net Net Hunter
    This episode is sponsored by Net Net Hunter. If you're interested in finding high-quality stocks trading at fractions of liquidation value - this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It's a service I love and I am proud to be able to offer this service to my listeners. If this is something you're interested in, please click here.


    Summary
    Today I'm discussing the merger between Discovery Communications & WarnerMedia. I believe this situation provides an asymmetric risk profile. In the episode I outline the situation, valuation, and how I'm thinking about the investment opportunity. 


    Show Notes
    [1:55] Overview


    [2:11] Market doesn't like the deal


    [3:01] Makeup of the deal


    [3:53] Will be spending more on content than Netflix


    [4:34] Why is the stock down?


    [8:15] John Malone


    [9:18] Intrinsic value of Discovery Communications


    Resources
    John Malone Interview on CNBC

    My Book on Amazon


    About Eric Schleien
    Eric Schleien is the Founder/CEO of Granite State Capital Management, LLC. In addition to being a value investor, over the past decade, Eric has trained thousands of individuals, including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry.


    Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less.


    Eric currently resides in Philadelphia, PA.


    Help Out The Podcast
    If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      


    You can subscribe to the podcast on the following platforms:


    Apple Podcasts

    Stitcher

    TuneIn

    Spotify

    Podbean

    iHeart Radio

    YouTube


    CONTACT ERIC SCHLEIEN
    Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram


    Email: intelligentInvesting@gmail.com

    • 15 min

Customer Reviews

4.6 out of 5
98 Ratings

98 Ratings

oliviabaker13 ,

Hit the subscribe button! 🔥

If you’re looking for tips on how to handle your money, truly “intelligent investing" insights, or simply looking listen to some great conversations about current trends - hit the subscribe button! Intelligent Investing has a great lineup of guests and each episode features actionable tips and invaluable insights. Eric is an excellent host who engages his guests in really interesting conversations. Definitely recommend listening and subscribing to this empowering podcast!

NiravPatel007 ,

Curious Mind

Simple, easy to follow lessons and ideas on investing. The only podcast on investing that you need.

Mar12345 ,

Poor info

Guy tells nothing but lies. Couldn’t rate this any lower

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