A Value Investing MasterClass | Tobias Carlisle
Вставка
- Опубліковано 25 вер 2024
- David Einhorn recently said that he thinks fundamental investing is broken. If he is right, there would certainly be significant long-term implications for value investing. We explored Einhorn's case in several of our episodes and so we thought that it was time we explored the other side of the argument and looked at the long-term case for value. And we couldn't think of anyone better to do that with than our good friend Tobias Carlisle. In this episode, we talk to Toby about the struggles of value and why he thinks they present a significant opportunity to long-term investors. We also discuss inflation, AI, what Berkshire will look like after Buffett and a lot more.
FOLLOW TOBY ON TWITTER
/ greenbackd
SEE LATEST EPISODES
www.excessretu...
FIND OUT MORE ABOUT VALIDEA
www.validea.com
FIND OUT MORE ABOUT VALIDEA CAPITAL
www.valideacap...
FOLLOW JACK
Twitter: / practicalquant
LinkedIn: / jack-forehand-8015094
FOLLOW JUSTIN
Twitter: / jjcarbonneau
LinkedIn: / jcarbonneau
Always great to hear from Toby Carlisle! Not only was his investing commentary solid, but I loved his biggest concern and biggest source of optimism at the end of the podcast. Thanks!
Love the Value After Hours podcast
What bugs me (referring to the conversation before and after around the 53 minute mark) is the paper that shows exactly that: just backrest everything and don't try and make sense of it.
Great episode! Really knowledgeable guest
Great solid episode!
25:14 Oops, your guest is wrong. He’s a Monetarist. Shame.
You know where inflation is going to go when you look at the Fed Funds Rate, because that is the rate of inflation 🤷♂️ I’ll keep telling you guys until you get it
annoying
@@crohmer I know, isn’t it?
how can the FFR be the inflation figure when their target is not zero? Doesn't make sense
@@DollyRanch the Fed does not know that their FFR is the inflation rate. They believe that the FFR controls/fights inflation. So they don’t realize that their only tool is to actually control the continuous increase/decrease in the price level.
Their misguided belief comes from Neoclassical/Monetarist Mythonomics.
If they want 2% inflation, then set the FFR to 2% and forget it. The term structure of prices will adjust accordingly and relatively to that.