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We Study Billionaires - The Investor’s Podcast Network

TIP532: Insights From A Reclusive Investment Firm w/ Graeme Forster

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 10 March 2023

⏱️ 64 minutes

🧾️ Download transcript

Summary

Trey chats with Dr. Graeme Forster. Together they discuss the success of legendary investors such as Jim Simons & Orbis' founder Allan Gray, Graeme's shift from mathematics to value investing, and much more!

Graeme is the Managing Director of Orbis, which currently manages around $30B. 


IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

01:30 - Graeme’s journey from mathematics to value investing, & exploring legendary investors like Jim Simons.

26:14 - How Orbis’ founder and billionaire Allan Gray’s investing flexibility led to his success.

36:35 - How Graeme balances the macro with a bottoms up approach.

52:11 - A thesis which Graeme calls the Great Misallocation. 

58:40 - How good & cheap companies outperform especially during bear markets.


Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TI-P.

0:03.3

We have a very special guest today and that is Dr. Graham Forster.

0:07.4

Graham is the managing director of Orbus, which currently manages around $30 billion.

0:12.8

Graham attained a master's in mathematics from Oxford and a PhD in mathematical epidemiology

0:17.9

and economics from Cambridge.

0:19.9

In this episode you will learn, Graham's journey from mathematics to value investing, exploring

0:24.3

legendary quant investors like Jim Simons along the way, how Orbus' founder billionaire

0:28.9

Alan Gray's investing flexibility led to his success, how Graham balances the macro

0:33.6

with a bottoms-up approach, a thesis which Graham calls with the great misallocation, how

0:38.5

good and cheap companies can outperform especially during bear markets and a whole lot more.

0:43.0

Orbus is a global investment management firm but they're not big self-promotors, so

0:47.0

you won't find many interviews with someone like Graham.

0:49.6

We're lucky to have him and it was a delightful discussion, so without further delay, here's

0:53.6

my conversation with Dr. Graham Forster.

1:00.4

You are listening to the Investors Podcast, where we study the financial markets and read

1:05.4

the books that influence self-made billionaires the most.

1:08.6

We keep you informed and prepared for the unexpected.

1:20.5

Welcome to the Investors Podcast, I'm your host, Trey Lockerby, and like I said at the

1:23.8

top, I am here with Graham Forster from Orbus Graham.

1:27.1

As far as I can tell, you don't do many of these, so I am very excited to have you and

1:30.8

getting the word out about you and Orbus and what you guys are doing because it's really

1:34.3

interesting.

...

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