Home » Articles » The Intellectual Investor Podcast » Inside Baseball: How We Build Portfolios (Part 2) – Ep 260

Inside Baseball: How We Build Portfolios (Part 2) – Ep 260

0 comments

0

AUTHOR:

Vitaliy Katsenelson

Share:

LinkedIn

I'm about to share Part 2 of the letter, where I'll take you deep into the "inside baseball" of our investment process. Specifically, I'll discuss how we structure and determine the position size of each stock in our portfolios – something I haven't covered before (at least not in this detail) and haven't seen other…

📩 Join 94,000+ readers on my FREE weekly email newsletter: https://investor.fm/sign-up/

You can also read this article in this link: https://investor.fm/inside-baseball-how-we-build-portfolios-part-2/

📚 Get my books:

Soul in the Game – https://amzn.to/43CF73v

The Little Book of Sideways Markets – https://amzn.to/3QWTlqZ

Active Value Investing – https://amzn.to/3u8zn3A

WHO AM I: Vitaliy Katsenelson is the CEO of Investment Management Associates (IMA) in 2012. Forbes Magazine called him “The New Benjamin Graham.” He’s written for publications including Financial Times, Barron’s, Institutional Investor, and Foreign Policy.

Enjoyed this read?

Share it with someone who’d love it too!

LinkedIn

New to investing?

Explore these valuable guides to get started.

Value Investing
Student
Curriculum

The 6
Commandments
of Value
Investing

Letter to
a Young
Investor

Related Articles

Uber and Self-Driving Cars: The Utilization Problem Nobody Talks About – Ep 286

I took a Waymo with my colleague Cyrus. We were genuinely impressed. It was a seamless experience. Uber is dead, long live Waymo? Not So Fast.

What AI, Tariffs, and Global Uncertainty Mean for Your Portfolio – Ep 285

The future feels less predictable because the range of possible outcomes has expanded. Here is my best attempt to think through that reality with humility, and why you should let me do the worrying for both of us.

When to sell a stock: The Art and Psychology of Selling – Ep 284

Investing is a lot more art than science. I bring a scientist's mindset – I approach problems with an open mind and I am willing to change my mind when data proves me wrong.

On AI Eating The World – Ep 283

Instead of joining the chorus of false certainty, let me offer you a crayon-level framework for thinking about it. I am going for vaguely right, not precisely wrong.

Leave a Comment

View IMA's regulatory filings which includes ADV Part 2A & 2B, form CRS, firm's brochure, our conflicts of interest disclosures,
samples of our quarterly letter, and privacy policy by following this link. © 2026 - All Right Reserved.

The Intellectual Investor by Vitaliy Katsenelson
My Favorite Classical by Vitaliy Katsenelson
Soul in the Game - The art of a Meaningful Life
The Intellectual Investor Conference
IMA - Individual Portfolio Management
Facebook Logo
Youtube Logo
X (Twitter)
Linkedin Logo
Instagram Logo
TikTok Logo