Month: September 2020

Letter from the Value Investing Mental Asylum or How I Embraced Stoics – Ep 94

Vitaliy would be lying if he told you that over the last few years investing was not frustrating. Over that time, he's felt like he was driving the wrong way on a one-way growth highway. Albert Einstein defined insanity as “doing the same thing over...

Letter from the Value Investing Mental Asylum or How I Embraced Stoics

Letter from the Value Investing Mental Asylum or How I Embraced Stoics

Albert Einstein defined insanity as “doing the same thing over and over again but expecting a different outcome.” I can relate to this on some level. I share with you why I am not writing this from a mental asylum. I found solace in Stoicism.

The Warren Buffett & Charlie Munger Show – Ep 93

The definition of a cult is “misplaced or excessive admiration for a particular person or thing”; and while you can argue that admiration for Buffett is at times a bit excessive, it is hardly misplaced. There are tens of thousands of people...

Why do I torture my kids … with classical music? – Ep 92

Lately, Vitaliy has been pondering whether and how to instill a love of classical music in his kids, a passion that was passed to Vitaliy from his own parents. Should he insist on piano lessons, or weekly listening sessions? Reflecting on his...

Svenska Handelsbanken, The Value of Book Value, and a Free Value Investing Course for Students – Ep 91

In this podcast, Vitaliy discusses his investment in Swedish bank Svenska Handelsbanken, and what makes their culture so unique. He then gives a short explanation on when book value works as a measure of intrinsic value, and why it often doesn't....

Jonah’s WFH Adventure (Work from Hawaii), and Defending Our Portfolio with Defense – Ep 90

In this podcast, Vitaliy describes the next adventure his son Jonah will have going to college from Hawaii, as well as the role that defense stocks play in IMA's portfolios today. You can read these articles online here: and . Disclosure: