Month: February 2021

Go Ahead, Covet Your Neighbor’s Wife

Go Ahead, Covet Your Neighbor’s Wife.

I recently asked another value investor if he wanted Warren Buffett's success. While this may seem like a rhetorical question, the truth is many value investors are quietly envious of Buffett.

The Renaissance of Pipelines and Our Sell Discipline – Ep 113

At first, investors loved them. Then, they hated them. Now, investors have left them for dead. Oil and gas pipeline companies are anything but popular. But they are essential businesses, with rising free cash flow and substantial dividend yields. In...

Our Sell Discipline

Our Sell Discipline

How our selling practice differs between high-growth companies with long runways for compounding and slow-growth companies.

The Renaissance of Pipelines

The Renaissance of Pipelines

At first, investors loved them. Then, they hated them. Now, investors have left them for dead. Oil and gas pipeline companies are anything but popular. But they are essential businesses, with rising free cash flow and substantial dividend yields.

Girls’ Gambit – Ep 112

It all started after Vitaliy's daughter, Hannah, watched The Queen’s Gambit for a homework assignment. She told Vitaliy he had to watch it. He did, and loved it. But then Hannah said, “Dad, let’s play chess!” In this podcast, Vitaliy explores...

Portfolio Construction, Macro, and Chess: Interview with Angelo Robles – Ep 111

Vitaliy recently had the pleasure to sit down with Angelo Robles of the Family Office Association. In this interview, Angelo and Vitaliy discuss Vitaliy's approach to portfolio construction, how value investors should think about the macroeconomy, how...

Girl's Gambit

Girls’ Gambit

It all started after my daughter, Hannah, watched The Queen’s Gambit for a homework assignment. She told me I had to watch it. I did, and loved it. But then Hannah said, “Dad, let’s play chess!”

Value & Growth Demagogues – Ep 110

Vitaliy has a problem with both value- and growth investing demagogues. While value demagogues tend to believe any company that trades at a P/E above the market average is too frothy, growth demagogues claim that price doesn't matter. In this...