MI126: A Rational Approach to Investing w/ Tobias Carlisle
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 21 December 2021
⏱️ 55 minutes
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Summary
Transcript
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| 0:00.0 | You're listening to TIP. |
| 0:02.8 | You don't see a P of a shillopee of 40 at a trough. |
| 0:08.5 | You see a shillopee of 40, like very, very rarely, very close to the peak. |
| 0:13.6 | And so the last time we saw a shillipi of 40, it was, I forget exactly, |
| 0:16.7 | but it might have been February 2009 and had about nine or 10 months before we hit 45, |
| 0:21.7 | just to give you an idea of how fast the market ran up then. |
| 0:24.8 | And there's nothing magic about 45 either. |
| 0:28.5 | The Chinese stock market got to 100 times, the Japanese stock market got to 100 times. |
| 0:36.2 | On today's episode, I sit down to chat with Toby Carlisle. |
| 0:39.8 | Toby is the founder of the Acquirers Multiple and the Acquirer's Funds, which manages |
| 0:44.0 | ticker ZIG and D-E-E-E-P, ZIG and Deep. |
| 0:48.2 | Toby has extensive experience in investment management, business valuation, public company |
| 0:52.8 | governance, and corporate law, and he's also |
| 0:55.2 | the author of a number of books, including the acquirers multiple and deep value. Toby is also a part of |
| 1:00.6 | the mastermind group on TIP's flagship show, we study billionaires. During the episode, we chat |
| 1:05.7 | about what led Toby to become a value investor, what mean reversion is is and how it relates to his overall investment strategy? |
| 1:12.6 | How inflation impacts his investment process? |
| 1:15.4 | What the Schiller PE is and why it's something to be mindful of? |
| 1:19.1 | What his thoughts are on determining an appropriate discount rate and much, much more. |
| 1:24.1 | Now, without further delay, sit back and enjoy this episode with Toby Carlisle. |
| 1:28.9 | You're listening to Millennial Investing by the Investors Podcast Network, where your hosts, |
| 1:34.5 | Robert Leonard and Clay Fink, interview successful entrepreneurs, business leaders and investors |
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