I'm thrilled to bring you Episode 24, my chat with Harris Kupperman (aka Kuppy) of Praetorian Capital. Kuppy is known for his views on all things tankers and shipping stocks. But he's more than that. Way more than that. Our conversation dives deep into Kuppy's overall investment philosophy, how he stumbled upon investing, his love for travel and some crazy adventure stories. If you're looking for the latest opinion on tankers, this isn't your podcast. But if you're looking for actionable, timele...
May 08, 2020•1 hr 27 min•Season 1Ep. 24
Today's guest is Bill Brewster. Bill is the founder and portfolio manager of Sullimar Capital Group. I'm excited to share our conversation as Bill's quickly becoming one of my favorite investment thinkers. I found him on Twitter, and after following his tweets and blog, I reached out asking him to come on the show. During the conversation, we talk baseball, Charlie Munger, airlines and travel and everything in between. Here's the timeline: [0:00 - 6:00] Who is Bill Brewster? [7:00 - 10:00] How B...
May 01, 2020•1 hr 27 min•Season 1Ep. 23
Episode 22 is live! This week we've got George Livadas on the show. George is the founder and portfolio manager of Upslope Capital. George graduated with a Russian degree, but found his way into investment banking at Citigroup. He worked in IB covering the brokerage and can producer industries (to name a couple). George loves investing, but he didn't start out like many traditional value investors. He didn't read Buffett's letter, he didn't read Graham's doctrine. He developed a passion for inve...
Apr 24, 2020•1 hr 9 min•Season 1Ep. 22
Excited to share Episode 21 with y'all! What better time to have a turnaround expert on the show, right? Jeff Sands is a 3x winner of the Turnaround Of The Year award (2017-2019), and he's got a good shot at 2020. He spent his early career working in his family business. When outside pressures rattled the company, Jeff realized two things: a) the importance of cash and b) that nobody taught him how to manage this crisis. Jeff's passion is turning around troubled businesses, and he's one of the b...
Apr 17, 2020•1 hr 13 min•Season 1Ep. 21
We've made it to a huge milestone: 20 podcast episodes. We couldn't have done it without you, our listener base. Y'all keep the lights on and help spread the word about what we're doing. For our 20th episode, we chat with Brent Beshore, CEO and Founder of Permanent Equity. We're living in unprecedented times. COVID-19 is wreaking havoc on our day-to-day lives. It's shutting down businesses and entire economies. We don't know when we'll return to "normal". And when we do, we don't know what that ...
Apr 10, 2020•1 hr 19 min•Season 1Ep. 20
Episode 19 is here! I'm excited to bring y'all my conversation with Alex (aka, The Science of Hitting). Alex is a both a writer and investor. When he's not thinking about which businesses to buy, he's writing about them on GuruFocus. Alex has over 600 blog posts on GuruFocus to date, a feat few others can claim. I've enjoyed Alex's content for years and getting the chance to chat with him about investing was a blast. Here's what we cover: [0:00 - 6:00] Introduction [7:00 - 14:00] Quality vs. Pri...
Apr 03, 2020•1 hr 33 min•Season 1Ep. 19
Better late than never, right? On Episode 18 of the Value Hive Podcast I chat with Fil Zucchi. Fil is an independent options trader and former bankruptcy lawyer. I first met Fil at last years ValueX Vail Investors Conference. Fil brings a unique look to equity and credit markets. He expresses his thoughts and opinions through options trading. He's a market veteran with over 30 years of experience. Here's the crazy part: in 30 years of trading, Fil's never seen markets like the one we're in now. ...
Mar 28, 2020•1 hr 21 min•Season 1Ep. 18
Chris Mayer is an author and fund manager. He's written three books and in 2018, started managing Woodlock House Family Capital. Many investors have heard of Chris' name from his (now cult-following phenomenon) book, 100-Baggers. In that book, Chris dives into common characteristics of companies that returned 100-to-1 for their investors. Some of those characteristics include: Revenue and earnings growth Founder-led or owner-operator at the helm Tremendous drawdowns in share price During the pod...
Mar 20, 2020•1 hr 10 min•Season 1Ep. 17
ValueStockGeek runs a deep-value investing blog and is active on Twitter. I originally found him when setting up my own investment blog. We've ping-ponged back and forth with times to chat and call, and after a few months we finally synched up. I'm excited to have ValueStockGeek on the podcast for a few reasons: We share similar investment styles and philosophies His transparency is refreshing He offers unique insights into macro themes as well as micro, company-specific write-ups During the cha...
Mar 13, 2020•1 hr 24 min•Season 1Ep. 16
In this week's episode I chat with Nick Haschka. Nick is the founder of Cub Investments and Co-Owner of The Wright Gardner. He wears many hats, but if you were to ask him what he does, he boils it down to two things: investor and CEO of a plant company. Nick's journey towards small business ownership was a winding road. After graduating from MIT, he went to work for McKinsey. After consulting, he found a passion in clean tech and clean energy with NRG Group, leading their high-tech ventures prog...
Mar 06, 2020•1 hr 13 min•Season 1Ep. 15
Ryan Reeves is the founder/CEO of InvestingCity.org. InvestingCity.org was built around one idea: save time and boost returns. Ryan started the business in 2016 after writing a newsletter for his friends, and realizing the gap in solid, financial analysis for the every day investor. Reeves' passion for investing began early, around the age of 12. After graduating Pepperdine, he worked at Morgan Stanley, The Motley Fool and Seeking Alpha. I thoroughly enjoyed my conversation with Ryan. He's humbl...
Feb 28, 2020•1 hr 15 min•Season 1Ep. 14
I had the privilege to chat with Moses Kagan, founder of Adaptive Realty. I call Moses a Deep Value Investor in LA Real Estate because that's exactly what he does. Moses finds beaten-down, ugly, overlooked buildings in Los Angeles, CA. He buys them, does a complete gut and renovation, and rents them out at attractive rates of return for his investors. While not an investor in public equities, Moses' analysis of cash flows, determination to find great deals, and knowledge of the power of relation...
Feb 22, 2020•1 hr 30 min•Season 1Ep. 13
Rob Koyfman is the founder and CEO of Koyfin.com. Rob has a tremendous background in the world of finance, investment and trading. He's a CFA Charterholder and former Goldman Sachs VP. In 2015 Rob left the corporate world to start Koyfin.com. A one man operation. Rob grew Koyfin into a fast-growing financial analysis website. Rob's vision for Koyfin is simple. He wants to provide better analytics for investors. During the podcast we chat about the following: First 15 minutes ... Rob's background...
Feb 14, 2020•1 hr 10 min•Season 1Ep. 12
Clifford Sosin runs CAS Investment Partners. The fund is a value oriented partnership focusing on investing in great businesses at discounted prices to their future value. Cliff discusses his early days at UBS, the genius of the bankruptcy system, how he finds ideas and mental models. Cliff also reveals how to fix the banking system as we know it. The conversation covers a wide array of topics and was one of our longer episodes. I hope you find Cliff's insights as interesting as I did. Make sure...
Feb 07, 2020•2 hr 9 min•Season 1Ep. 11
Maj Soueidan is Co-Founder of GeoInvesting.com. GeoInvesting navigates investment risk by interviewing company management, dissecting conference calls, interacting with our wide network of investors and scouring financial documents for hidden clues. GeoInvesting provides quick, concise and efficient research instead of hundreds of pages of financial jargon. Maj and his team focus on micro cap stocks. If you want to know why, I highly encourage you to read this article . When they're not looking ...
Jan 31, 2020•1 hr 28 min•Season 1Ep. 10
Dave Waters, CFA is Alluvial’s managing member. Since launching Alluvial in 2014, Mr. Waters has focused on delivering exceptional results for Alluvial’s investors. Dave also runs OTCAdventures.com. I first found Dave after reading a write-up from his blog. This led to a Twitter follow, and then frequent, spam-like messaging asking Dave about various OTC stock ideas. Dave is unique in his investment approach. He searches the darkest, most illiquid corners of the markets in his search for great, ...
Jan 24, 2020•1 hr 32 min•Season 1Ep. 9
Thanks for tuning into Episode 7 of the Value Hive Podcast. If you like what we're doing, drop us a rating and review on your favorite podcast platform. It goes a long way. While you're at it, make sure to subscribe to our weekly newsletter. We deliver curated, value investing news straight to your inbox. For free. Forever. You can subscribe here ! On today's episode I chat with Andrew Kingston and Shawn Shewchuk. Andrew and Shawn are portfolio managers for Gavin Croup, CA. Gavin Group is a uniq...
Jan 17, 2020•1 hr 6 min•Season 1Ep. 7
Dr. Andrew Wittman is the founder of the Mental Toughness Training Center, a leadership consultancy specializing in peak performance, team dynamics, resolving conflict in the workplace and is the author of the book, “Ground Zero Leadership: CEO of You” (2016). A Marine Corps infantry combat veteran and former federal agent, he holds a Doctorate of Philosophy in Theology, is a guest lecturer at Clemson University, and co-hosts the radio call-in show, “Get Warrior Tough.” As a leadership and peak-...
Jan 10, 2020•1 hr 2 min•Season 1Ep. 7
Joe Boskovich and Brian Laks run Old West Capital Management. The firm describes its investment process as "A focus on people forms the core of Old West's investment process. As a first principle, we believe that the soundest way to protect and grow our capital is by aligning ourselves with management teams who have high stock ownership and smart pay." Joe started the company with his father. I chat with the guys about their investment approach, capital allocation and the importance of owner-ope...
Jan 06, 2020•1 hr 9 min•Season 1Ep. 6
In today's episode I chat with Darren Fong. Darren is a portfolio manager at Calgary-based Investment firm Acumen Capital. Since the Fund's inception (March, 11 2016), Darren's outperformed the TSX Small Cap Index by nearly 600bps annually. Darren dives into the nuances of investing in Canadian small-cap companies. Differences in Canadian management teams and how they allocate capital. We then chat about Darren's investment process, how he finds stocks, and what makes his process unique. Finally...
Dec 30, 2019•54 min•Season 1Ep. 5
Thomas Bachrach is Principal of PFH Capital. PFH is a one-man investment fund focused on global, micro-cap investing. Thomas isn't afraid to go where others won't. He scours the corners of the globe to find interesting, off-the-beaten path securities. In this episode, Thomas discusses his investment process, where he's finding value in the global markets, and the importance of going global. He shares stories of his time as an accountant for a large, Egyptian company, as well as war stories from ...
Dec 23, 2019•1 hr 17 min•Season 1Ep. 3
Andrew Walker is co-founder of Rangeley Capital and founder/writer of Yet Another Value Blog. In this episode, Andrew and I discuss media investments, review his media guide blog posts (here's parts 1 , 2 and 3 ) and highlight specific ways to play the coming un-bundling phenomenon. Andrew is a media investment savant. This is a must listen for anyone interested in media stocks, sports rights or legacy cable companies. He's also a diehard sports fan. We end up chatting about various sports teams...
Dec 20, 2019•1 hr 17 min•Season 1Ep. 3
This is an all-out spin-off podcast. Brandon chats with Richard Howe, founder of StockSpinoffInvesting.com . Brandon and Richard discuss everything spin-off related. Richard focuses on smaller-cap spin-offs, and goes deep into his research process. The hour-long episode covers current ideas, past ideas, the history behind spin-off investing and what Richard likes going forward. Show-notes: Richard's website: stockspinoffinvesting.com Richard Howe on Twitter: @stockspinoffss (with two 's') Value ...
Dec 16, 2019•1 hr 6 min•Season 1Ep. 1
