Vitaliy Katsenelson
The Softer Side of Value Investing
Culture matters. I share how I evolved from an analyst purely focused on numbers to an investor and CEO focused on people. Using two stories from IMA's own past, I recount how running the business made me a better investor.
Rooting For The Underdog
For the longest time, my son Jonah would beat his younger sister Hannah at just about everything. That all changed when we watched The Queen's Gambit earlier this year.
Unconditional Love – Ep 133
In this podcast, Vitaliy recounts the first time he felt fear. Not the fear of losing his own life, but the fear a parent feels when their kids are at risk. Vitaliy remembers this harrowing episode, and what it taught him about being a parent....
Fool’s Gambit – Ep 132
In investing, there are many "games to play". There are a lot of ways to try to make money in the market, and not all of them are good, rational, or productive over the long term. After outlining a few games that are avoided at IMA, Vitaliy shares how...
Fool’s Gambit
In investing, there are many "games to play". There are a lot of ways to try to make money in the market, and not all of them are good, rational, or productive over the long term.
Unconditional Love
I recount the first time I felt fear. Not the fear of losing my own life, but the fear a parent feels when their kids are at risk. I remember this harrowing episode, and what it taught me about being a parent.
Sideways Market – Ep 131
In this podcast, Vitaliy goes over why we may be entering a sideways market (he wrote two books on this subject), as well as how to invest in them. Spoiler alert: what has worked well in the last decade-or-so bull market might not work in the next 3 -...
Sideways Market
I go over why we may be entering a sideways market (I wrote two books on this subject), as well as how to invest in them.
Curmudgeon on Cryptocurrency – Ep 130
In this podcast, Vitaliy shares a story about when four separate people asked him about "investing" in cryptocurrencies, as well as his thoughts on Bitcoin and other crypto-assets. Vitaliy highlights some risks that come with owning cryptocurrencies,...
How We Invest in Inflation – Ep 129
In this important podcast, Vitaliy continues his discussion of investing in an inflationary environment. He goes over a handful of strategies and ways to mitigate inflation risk, including investing in businesses with pricing power, capital intensity,...
How To Invest In Inflation
Finding investments to weather the storm. Strategies and ways to mitigate inflation risk, including investing in businesses with pricing power, capital intensity, and investing abroad.
Inflation is here. But for how long? – Ep 128
In this important podcast, Vitaliy explores the nuances of inflation, including when it may be coming, from where it might arrive, and how long it might be staying. He also discusses cryptocurrencies, our worrying government debt, and the economic...
Inflation is here. But for how long?
Exploring the nuances of inflation, including when it may be coming, from where it might arrive, and how long it might be staying.
Zurich to Nice – Ep 127
In this podcast, Vitaliy looks forward to his upcoming drive from Zurich, Switzerland to Nice, France, which he would do with his brother Alex. The drive would take them through many charming European towns, and they would visit CERN, the advanced...
Interview with Indiana University Students
In this interview with Indiana University MBA and MsF students, I take a deep dive into my approach to investing.
Searching for Yield? – Ep 126
This podcast shares an excerpt from a client letter originally written in 2016. Though some of the examples are slightly dated, many of them are just as true today as when they were written. In some cases, even more so than before. As risk in the...
Transgender Trees, Homelessness, and a Dare in San Francisco – Ep 125
In this podcast about a family trip to San Francisco, Vitaliy draws on his memory bank to find some thoughtful lessons about parenting, culture, art, and learning from others. Enjoy! You can read this article online here:
Vitaliy’s Talk with Indiana University Students, Part 2 – Ep 124
In Part 2 of Vitaliy's talk with Indiana University students, he discusses what he got right, and what he got wrong, when investing through the pandemic. He also touches on how recessions can be good for businesses, compounding small advantages, and...
Vitaliy’s Talk with Indiana University Students, Part 1 – Ep 123
In Part 1 of this 2 part series, Vitaliy talks with Indiana University MBA and MsF students about his approach to investing. He covers a variety of important topics, such as how to find your own investing style, sell discipline, and the limits of...
My Russian Book – Ep 122
In this podcast, Vitaliy relates a story about translating one of his investing books into Russian. His books have been translated into Chinese, Korean, Japanese, German, and Romanian. But the story behind the Russian translation is about much more...
The Dangers of Dividend Obsession – Ep 121
The investment world is currently upside down. Investors are buying bonds for capital appreciation, and stocks for income. Under normal conditions, the reverse would be true. But there is an inherent danger in this - listen to find out what it is. You...
