Artem Fokin, Portfolio Manager at Caro-Kann Capital LLC, returns to the podcast to do a fun AMA, not as a guest, but putting his hosting skills to the test and interviewing YAVP host, Andrew Walker. For more information about Caro-Kann Capital, please visit: http://caro-kann-capital.com/ Chapters: [1:25] Introduction + Episode sponsor: Alphasense [3:03] Idea/inspiration for launching Yet Another Value Podcast [5:56] 5% that is not "Podcast Andrew" [7:10] YAVP format - how Andrew got to this podc...
Nov 30, 2023•1 hr
Michael D. Cohen, CEO & Director of Research at MDC Financial Research, LLC, joins the podcast for the first time to share his thoughts on the JetBlue $JBLU / Spirit Airlines $SAVE merger trial that is now underway. Known for their “Event-Driven Legal” investment-research, Michael Cohen and his team follow significant legal disputes and are closely watching the $JBLU / $SAVE case. For more information about MDC Financial Research, please visit: https://mdcfinancial.com/ For more on the SAVE ...
Nov 13, 2023•1 hr 2 min
It's time to welcome back Chris DeMuth for his monthly state of the markets. For this October 2023 edition, Chris provides his take on problems and opportunities in biotech, tax loss selling, closed-end funds, big spread arbitrage, Albertson's / Kroger merger case and predictions for upcoming Liberty Day. For more information about Rangeley Capital, please visit: http://www.rangeleycapital.com/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:22] What is on Chris' mind th...
Oct 24, 2023•38 min
Jonathan Boyar, President of Boyar Research, returns to the podcast for the fourth(!!) time to discuss his thesis on Topgolf Callaway Brands (NASDAQ: MODG) and how it is growing an entire industry. Subscribe to the Boyar Research Substack here: https://boyarresearch.substack.com/ You can Follow Boyar Research on Twitter/X here: https://twitter.com/BoyarValue $MODG write-up: https://boyarresearch.substack.com/p/a-company-thats-growing-its-entire Chapters: [0:00] Introduction + Episode sponsor: Al...
Oct 17, 2023•52 min
Daye Deng, Co-Founder and Editor of the Value Punks newsletter on Substack, joins the podcast to discuss his articles that are deep dives on Japanese Trading Companies and why Warren Buffett invested in Japan. Value Punks article on Japanese Trading Companies: https://valuepunks.substack.com/p/deep-dive-japanese-trading-companies Chapters: [0:00] Introduction + Episode sponsor: Alphasense [1:26] History of the Japanese trading companies and Warren Buffett [6:59] Why trading so important in Japan...
Oct 12, 2023•50 min
Bill Chen, a real estate investor and Managing Director at Rhizome Partners, returns to the podcast to provide his latest insights on what's happening in publicly-traded real estate market, private real estate market and literally everything real estate in between. For more information about Rhizome Partners, please visit: http://rhizomepartners.com/ Chapters: [0:00] Introduction + Episode sponsor: Alphasense [1:38] Discrepancy between publicly-traded real estate and private market value / what'...
Oct 09, 2023•1 hr 10 min
Harris Perlman, Principal at HSP Capital, joins the podcast to discuss his thesis on Seneca Foods Corporation (NASDAQ: SENEA), one of North America’s leading providers of packaged fruits and vegetables, with facilities located throughout the United States. (Note Harris' audio is not the greatest on this, but we did our best to adjust where we could.) Harris' write-up: https://drive.google.com/file/d/1wAm1w3eEZCHCfY-e1Lzu0gvyGW7uN4KL/view Chapters: [0:00] Introduction + Episode sponsor: Stream by...
Oct 06, 2023•1 hr 3 min
It's time to welcome back Chris DeMuth for his monthly state of the markets. For this September 2023 edition, Chris provides his take on Amazon FTC case, Scultpor Capital Management bid, monthly antitrust update, and more! For more information about Rangeley Capital, please visit: http://www.rangeleycapital.com/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:49] What's been going on - September 2023: update on antitrust cases and valuing the deals [8:45] Large mergers/a...
Oct 04, 2023•44 min
Lionel Hutz, Editor of the Lionel Hutz Newsletter on Substack, joins the podcast today to discuss the JetBlue (NASDAQ: JBLU) / Spirit (NYSE: SAVE) merger DOJ case. Lionel's JetBlue/Spirit write up: https://lionelhutz.substack.com/p/in-the-spirit-of-competition Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:48] What is so interesting about the JetBlue / Spirit DOJ case [4:18] JetBlue / Spirit merger saga - background [11:34] Why is the "Northeast Alliance" relevant [20:2...
Oct 03, 2023•1 hr 20 min
Kyle Mowery and Mike Holt, CFA, Managing Partner / Portfolio Manager and Senior Analyst, respectively, at Grizzly Rock Capital joins the podcast today to discuss their thesis on Ferroglobe PLC (NASDAQ: GSM), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys. For more information about Grizzly Rock Capital, please visit: https://www.grizzlyrockcapital.com/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:47] Who is Ferroglobe ...
Oct 02, 2023•56 min
Dan Day, CFA, Equity Research Analyst at B. Riley Securities, joins the podcast today to discuss the digital advertising business, SSPs and his thesis on Magnite, Inc. (NASDAQ: MGNI), the world’s largest independent sell-side advertising company (according the company's website). To get in touch with Dan Day, you can reach him via email here: [email protected] Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:35] What is Magnite, Inc. (NASDAQ: MGNI) and why is it interest...
Sep 27, 2023•1 hr 12 min
Artem Fokin, Portfolio Manager at Caro-Kann Capital LLC, returns to the podcast (for the fourth time) to discuss Burford winning the YPF case and the fundamental thesis post-trial. For more information about Caro-Kann Capital, please visit: http://caro-kann-capital.com/ Artem's first appearance on BUR: https://youtu.be/qBuH8pyc8Y0 Artem's second appearance on BUR: https://youtu.be/OIFGrfx1O88 Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:41] Burford won the case - quic...
Sep 25, 2023•1 hr 46 min
Conor Maguire, Founder and Editor of the Value Situations Newsletter, joins the podcast for his second appearance to share his thesis on Marlowe plc (LSE: MRL), provider of a broad range of compliance software and services in areas which pose a high risk for businesses. For more information about Conor Maguire and Value Situations Substack: https://valuesits.substack.com/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:41] Overview and investing thesis on Marlowe plc (LS...
Sep 23, 2023•1 hr 2 min
Chadd Garcia, Portfolio Manager and Senior Research Analyst at Schwartz Investment Counsel Inc. - Ave Maria Focused Fund, joins the podcast for his second appearance to share his thesis on eDreams ODIEGO (MSE - Madrid Stock Exchange: EDR), travel subscription platform and one of the largest e-commerce businesses in Europe. Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:43] Overview of eDreams ODIGEO $EDR.MC [9:27] eDreams' overall vision and current valuation [13:34] Pr...
Sep 13, 2023•56 min
It's time to welcome back Chris DeMuth for his monthly state of the markets. For this August 2023 edition, Chris provides his take on the FTC in general, Horizon/Amgen case, deep dive into CVRs and, of course, the Microsoft / Activision deal. For more information about Rangeley Capital, please visit: http://www.rangeleycapital.com/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:43] What's been going on - August 2023; starting with FTC in general [7:12] State of the FTC,...
Sep 01, 2023•40 min
AJ Secrist from Firstlight Management is back on the podcast today to provide an update on Lamb Weston Holdings Inc. (NYSE: LW), a key supplier of french fries to fast-food chains, following their recent quarterly update and in advance of their investor day. Check out his first appearance on YAVP laying out his $LW thesis (December 2022): https://youtu.be/lNY8sQVttks Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:24] Update on Lamb Weston Holdings $LW since AJ's last ap...
Aug 31, 2023•41 min
Mitchell Scott, Founder and Portfolio Manager at Choice Equities Capital Management, joined the podcast to make the case that Crocs, Inc. (NASDAQ: CROX) is not a fad. For more information about Choice Equities Capital Management, please visit: https://choice-equities.com/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:36] What is $CROX, why is it interesting to Mitchell and $CROX growth story [4:50] What is Jibbitz, patent protection on the product and consumer trends u...
Aug 24, 2023•52 min
Daniel Biolsi, Head of Consumer Staples sector at Hedgeye, shares his thoughts on current state of the Consumer Staples sector in 2023. For more information about Hedgeye, please visit: https://app.hedgeye.com/insights Chapters: [0:00] Introduction + Episode sponsor: Hedgeye [0:56] State of the Consumer Staples sector [4:04] $COST and BJ's thesis [8:24] Why long Albertson's $ACI + thoughts on acquisition proposed by Kroger [21:14] $KVUE Kenvue thesis [28:04] Hershey $HSY, international expansion...
Aug 18, 2023•42 min
Mordechai Yavneh, Founder and Portfolio Manager at Focus Capital, returns to the podcast to discuss how the Silicon Motion Technology Corporation (NASDAQ: SIMO) / MaxLinear (NASDAQ: MXL) deal fell apart. Focus Capital's research site (with SIMO deck): https://focuscapitaladvisers.com/research Mordechai's December 2022 $SIMO pitch on YAVP: https://youtu.be/f--RrIG1fAQ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:46] Update since Mordechai's $SIMO pitch with Andrew in D...
Aug 14, 2023•1 hr 10 min
Ross Levin, Director of Research at Arbiter Partners, joins the pod to discuss his thesis on Credit Agricole S.A. CCIs (Cooperative Investment Certificates). For more information about Arbiter Partners, please visit: https://arbiterpartners.net/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:43] Overview of Credit Agricole S.A. and CCIs (Cooperative Investment Certificates) [9:56] Dividend yield on these CCIs [16:51] Value catalyst - Eureka transaction [23:53] Credit Ag...
Aug 11, 2023•49 min
The team from Half Moon Capital, Eric DeLamarter and Brandon Carnovale, come back on the pod to discuss their thesis on Keurig Dr Pepper Inc. (NASDAQ: KDP). For more on the KDP thesis, see: Half Moon Capital KDP Q2’23 Investment Thesis Update_8.1.23 Half Moon Capital KDP Investment Thesis_July 2023 For more information about Half Moon Capital, please visit: https://halfmooncapital.com/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:25] Half Moon Capital's Keurig Dr Pepp...
Aug 07, 2023•53 min
Zack Buckley, Managing Partner at Buckley Capital Partners, joins Yet Another Value Podcast for the second time to provide an update on his Xponential Fitness, Inc. (NYSE: XPOF) thesis since he was last on the podcast and following the Fuzzy Panda short report on the company. For more information about Buckley Capital Partners, please visit: https://buckleycapitalpartners.com/ Zack's first appearance on YAVP discussing $XPOF: https://youtu.be/listaT3Bx6Q Chapters: [0:00] Introduction + Episode s...
Aug 02, 2023•55 min
It's time to welcome back Chris DeMuth for his monthly state of the markets. For this July 2023 edition, Chris provides the latest takes on the Activision / Microsoft deal following the judge's ruling, Silicon Motion $SIMO / MaxLinear $MXL deal, Liquidia $LQDA and Burford $BUR. For more information about Rangeley Capital, please visit: http://www.rangeleycapital.com/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:42] Updated take on Activision / Microsoft deal following...
Aug 01, 2023•39 min
Our podcast sponsor, Stream by Alphasense, connected us with Daniel Payne, Senior Fellow at the International Congress of Blockchain Legal Advisors, to discuss the stakes at play in the SEC vs. Coinbase $COIN case. International Congress of Blockchain Legal Advisors Website: https://icbla.legal/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:08] Daniel Payne quick background [4:23] SEC vs. Coinbase $COIN - high level overview of the case [8:45] What are the stakes the S...
Jul 25, 2023•58 min
Evan Tindell, CIO of Bireme Capital, joins Yet Another Value Podcast today to share his thesis on Airtel Africa Plc (LSE: AAF), a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa. For more information about Bireme Capital, please visit: https://www.biremecapital.com/ Evan's Tweet thread on Airtel Africa: https://twitter.com/evantindell/status/1666503901229580291 Evan's blog post on hi...
Jul 21, 2023•1 hr 3 min
Cove Street Capital's Jeffrey Bronchick, Principal and Portfolio Manager, and Andrew Leaf, Principal, Research Analyst, discuss their thesis on Ecovyst Inc. (NASDAQ: ECVT), a leading integrated and innovative global provider of specialty catalysts and services. Also, be sure to stick around for the last ten minutes as well to hear Jeff and Andrew's update on Viasat $VSAT. For more information about Cove Street Capital, please visit: https://covestreetcapital.com/ Quick blurb on $VSAT: https://co...
Jul 19, 2023•59 min
Hawkins Entrekin, Founder and Managing Principal of Warden Capital, joins Yet Another Value Podcast today to discuss his thesis on Vornado Realty Trust (NYSE: VNO), a fully-integrated equity real estate investment trust. The conversation begins with an overview on the New York City real estate market in general and transitions to better understand, why, for Hawkins, he picked $VNO over other New York office-focused REITs. For more information about Warden Capital, please visit: https://www.warde...
Jul 13, 2023•1 hr 9 min
Sam Haskell, CIO of Colarion Partners and Editor of the 5 Points newsletter on Substack, is today's guest on the Yet Another Value Podcast. In the last few months, we've been covering all aspects of the financial sector, banks in particular, so we had Sam on today to get his thoughts on wide array of topics in this space, and what he's focused on in these current market conditions. For more information about Colarion Partners, please visit: https://colarionpartners.com/ You can subscribe to Sam ...
Jul 10, 2023•1 hr 2 min
Jeremy Raper, Founder of Raper Capital, is back on Yet Another Value Podcast to share his latest idea: Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients. On June 29, 2023, Jeremy published "An Open Letter to the Board of Alto Ingredients, Inc." on his website (link below), where he outlines strategic alternatives for the company. For more information about Jeremy Raper and Raper Capital, please visit: https://rapercapital.co...
Jul 03, 2023•59 min
It's time to welcome back Chris DeMuth for his monthly state of the markets. For this June 2023 edition, Chris provides the latest news on the Activision / Microsoft antitrust case + his thoughts on the case. For more information about Rangeley Capital, please visit: http://www.rangeleycapital.com/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:36] Update on Activision / Microsoft deal and antitrust case [14:00] When is it time for the FTC need to engage in damage contr...
Jun 29, 2023•44 min
