Value Investing: The Starvine Way

100 to 1 in the Stock Market (Part 2 - The ”How”)

In the second part of 100 to 1, we complete our review of Thomas Phelps's investment classic with the numerical and fundamental realities supporting stocks that deliver a high rate of long-term compounding. 

100 to 1 in the Stock Market (Part 1: The ”Why”)

In 1972, an investment classic called "100 to 1 in the Stock Market" was published. The concepts laid out in the book are timeless and the author, Thomas Phelps, communicates his teachings in an engaging manner.

This episode deals more with the psychological aspects and investors' self-defeating behaviors explained in the book, whereas the next episode highlights the basic arithmetic behind generating investment returns and key attributes to look for in long-term winners.

Dr. George Athanassakos: The Character of a Value Investor

In this episode, we are rejoined by Dr. George Athanassakos during his European lecture tour to discuss his new book, "Value Investing: From Theory to Practice". We discuss numerous topics, including the character and proper mindset needed to succeed as a value investor.  Dr. Athanassakos also explores best practices that would benefit the long term well-being of any investor.

Links:

• Order a copy of "Value Investing: From Theory to Practice":  https://valueinvestingeducation.com/index.php/value-investing-from-theory-to-practice-a-guide-to-the-value-investing-process/
• Visit the site of Ben Graham Centre for Value Investing: https://www.ivey.uwo.ca/bengrahaminvesting/

Dr. George Athanassakos - Value Investing: From Theory to Practice

In our season finale, we speak with Dr. George Athanassakos, who is a pioneer in bringing value investing into the university curriculum. He is a Professor of Finance and the Ben Graham Chair in Value Investing at the Ivey Business School. 

His upcoming book, Value Investing: From Theory to Practice, is scheduled for release in April 2021. It will be distinguished as the first value investing textbook and will serve as a platform for the subject of value investing to proliferate in business schools.  

In this interesting interview, Dr. Athanassakos shares his personal journey, offers a sneak peak into his upcoming book, discusses the state of value investing today, and explains how the value investing philosophy is healthy for one's long-term well-being. 

We look forward to returning for the next season in a few months. If you haven't already, please review us on Apple Podcasts as it is a key way to help new listeners discover the show.

Mark DeLuzio - Principal Architect of the Danaher Business System (DBS)

Every company wants Danaher results, but how many CEOs are willing to do what it really takes to succeed in a lean transformation? Listen in as our guest, Mark DeLuzio, provides insights on the unconventional thinking needed to achieve unconventional results.  Mark is the principal architect of the Danaher Business System (DBS), the author of Flatlined: Why Lean Transformations Fail and What to Do About It, and founder of Lean Horizons Consulting. He also discusses his non-profit organization, B.R.A.V.E., which was formed to assist military veteran entrepreneurs reach their dreams with existing businesses or new start-ups.

If you haven't already, please review us on Apple Podcasts. It is a key way to help new listeners discover the show.

Spin-Off Investing

A spin-off occurs when a company breaks off one or more of its segments into a separate publicly traded company. Besides being a historically 'nutritious' place to hunt for value, the dynamics behind a spin-off are inherently interesting and oppose the forces that make markets efficient.

In this episode, which is part one of an undetermined number of episodes on the subject, we  cover key attributes that are indicative of a compelling spin-off worth digging into, as described in Joel Greenblatt's book on special situations.

The Intelligent Investor: The Investor and Market Fluctuations (Ch. 8)

How do you generally deal with and think about market fluctuations?  In this episode, we cover Chapter 8 of The Intelligent Investor by Benjamin Graham. Warren Buffett identified Chapter 8 ("The Investor and Market Fluctuations") as one of two key chapters in his favorite investment publication of all time. Tune in to learn about Mr. Market and how to use him to your advantage. 

If you haven't already, please review us on Apple Podcasts - it is a key way to help new listeners discover the show.

Checklists & MCARV

The checklist is a simple yet overlooked tool in making investment decisions. If you haven't been using one up until now, it is a good idea to begin thinking about its importance.

Buying and selling stocks is easy - too easy these days.  Technology has reduced the smallest distance between impulse and action to the point where a day trader may not remember how many times the same stock was bought and sold within a single trading day. 

When we buy shares of a company, we become fractional owners. If we want to own a company for the long term, naturally we should care about a great many things that will affect the health and prosperity of the business. And so it makes sense to list those attributes you believe to be important in an investment. Don't leave it up to your experience or mood on the day you transact - have a checklist and ensure you have run through it before making a decision to buy that shiny new opportunity.

If you haven't already, please review us on Apple Podcasts. It is a key way to help new listeners discover the show.

 

Andrew Garrett: Commercial Real Estate During the Pandemic

The pandemic has understandably darkened market sentiment toward publicly traded REITs, especially those that own office and retail properties. However, how would an ultra long-term investor (e.g. manager of pension assets) think about the viability and durability of these asset classes going forward? Listen in as we speak with Andrew Garrett, Executive Director, Real Estate of IMCO Investments.

The Intelligent Investor: Margin of Safety (Ch. 20)

In this episode, we discuss The Intelligent Investor, a must-read book by Benjamin Graham. In particular, we highlight Chapter 20: "Margin of Safety" as a Central Concept in Investment. What is it about this seminal writing that won Warren Buffett's endorsement and influenced him to study at Columbia University under Graham? Listen to find out.