TIP782: The Search for Mispriced Stocks w/ Clay Finck
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 9 January 2026
⏱️ 67 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to TIP. |
| 0:03.1 | Over the past decade, the investment world has fundamentally changed by the rising trend |
| 0:08.3 | of passive investing. |
| 0:10.0 | And as more and more capital pours into passive strategies, potentially a smaller and smaller |
| 0:15.3 | subset of the market is actively engaged in valuing individual businesses and allocating capital based on fundamentals. |
| 0:23.3 | This trend, of course, has benefited many investors, but it can be argued that it's created |
| 0:27.8 | a growing number of distortions underneath the surface. In today's episode, I'll be covering a book |
| 0:33.9 | that digs into this subject. It's called Hidden Investment Treasures, |
| 0:38.0 | How to Find Great Stock Investments as the Investment World Goes Passive by Daniel Gladys. |
| 0:43.1 | Gladys is the founder and director of the Vatalva Fund, a long-term fundamentally driven |
| 0:48.7 | investment firm based in Europe. He's been an active stock investor since the early 90s and started the fund in 2004. |
| 0:56.7 | The book makes a case that today's market environment dominated by indexing ETFs and |
| 1:02.0 | momentum-driven capital flows may actually be one of the most favorable backdrops for disciplined |
| 1:08.0 | and patient value investors. |
| 1:10.0 | Gladys argues that as fewer investors focus on the underlying fundamentals, the gap between |
| 1:15.6 | price and value has widened in many overlooked corners of the market. |
| 1:20.6 | Throughout the book, he shares a series of case studies of investments he has personally made |
| 1:24.6 | in the fund, ranging from companies that our audience is well |
| 1:28.3 | familiar with, like Berkshire Hathaway and Markell, to less obvious opportunities in Japan and |
| 1:33.5 | banking. In this episode, I'll walk through the core ideas of the book, discuss several of the |
| 1:38.7 | most interesting case studies, and share the takeaways I found to be most impactful in reading |
| 1:44.1 | it. So with that, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Stig Brodersen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Stig Brodersen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.