Value Investing: The Starvine Way

Every company wants Danaher results, but how many CEOs are willing to do what it really takes to succeed in a lean transformation? Listen in as our guest, Mark DeLuzio, provides insights on the unconventional thinking needed to achieve unconventional results.  Mark is the principal architect of the Danaher Business System (DBS), the author of Flatlined: Why Lean Transformations Fail and What to Do About It, and founder of Lean Horizons Consulting. He also discusses his non-profit organization, B.R.A.V.E., which was formed to assist military veteran entrepreneurs reach their dreams with existing businesses or new start-ups.

If you haven't already, please review us on Apple Podcasts. It is a key way to help new listeners discover the show.

A spin-off occurs when a company breaks off one or more of its segments into a separate publicly traded company. Besides being a historically 'nutritious' place to hunt for value, the dynamics behind a spin-off are inherently interesting and oppose the forces that make markets efficient.

In this episode, which is part one of an undetermined number of episodes on the subject, we  cover key attributes that are indicative of a compelling spin-off worth digging into, as described in Joel Greenblatt's book on special situations.

How do you generally deal with and think about market fluctuations?  In this episode, we cover Chapter 8 of The Intelligent Investor by Benjamin Graham. Warren Buffett identified Chapter 8 ("The Investor and Market Fluctuations") as one of two key chapters in his favorite investment publication of all time. Tune in to learn about Mr. Market and how to use him to your advantage. 

If you haven't already, please review us on Apple Podcasts - it is a key way to help new listeners discover the show.

The checklist is a simple yet overlooked tool in making investment decisions. If you haven't been using one up until now, it is a good idea to begin thinking about its importance.

Buying and selling stocks is easy - too easy these days.  Technology has reduced the smallest distance between impulse and action to the point where a day trader may not remember how many times the same stock was bought and sold within a single trading day. 

When we buy shares of a company, we become fractional owners. If we want to own a company for the long term, naturally we should care about a great many things that will affect the health and prosperity of the business. And so it makes sense to list those attributes you believe to be important in an investment. Don't leave it up to your experience or mood on the day you transact - have a checklist and ensure you have run through it before making a decision to buy that shiny new opportunity.

If you haven't already, please review us on Apple Podcasts. It is a key way to help new listeners discover the show.

The pandemic has understandably darkened market sentiment toward publicly traded REITs, especially those that own office and retail properties. However, how would an ultra long-term investor (e.g. manager of pension assets) think about the viability and durability of these asset classes going forward? Listen in as we speak with Andrew Garrett, Executive Director, Real Estate of IMCO Investments.

In this episode, we discuss The Intelligent Investor, a must-read book by Benjamin Graham. In particular, we highlight Chapter 20: "Margin of Safety" as a Central Concept in Investment. What is it about this seminal writing that won Warren Buffett's endorsement and influenced him to study at Columbia University under Graham? Listen to find out.

In this episode, we have an interesting conversation with Jonathan Baird of the The Global Investment Letter about factors that are driving a volatile 2020 in the markets.  To learn more about Jonathan, please visit www.globalinvestmentletter.com.

If you have any questions about the podcast, please contact us at [email protected].

www.starvinecapital.com

What is the connection between price and value? Listen in as we explore this most basic of questions.

Welcome to our new podcast, Value Investing: The Starvine Way. Our first official episode will be released Wednesday, August 26, 2020. Have a listen to hear what we have planned. 

We look forward to having you join us each week. Please submit any questions or interview queries to [email protected]

www.starvinecapital.com