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15 results for “value add investing”
...traditional value investing, to me, that's buying cheap stocks. So cheap price to book, cheap on enterprise value EBITDA. What's interesting is years ago, we did that. We did a lot of that, and that used to result in good investment returns.
19:29 / 20:36
from transcript19:29 – 20:36
...traditional value investing, to me, that's buying cheap stocks. So cheap price to book, cheap on enterprise value EBITDA. What's interesting is years ago, we did that. We did a lot of that, and that used to result in good investment returns. I'd say
20:10 / 21:18
from transcript20:10 – 21:18
The value proposition is that I'm investing in the largest universe, of companies out there, which are private companies with experts who I'm lending money to in terms of a management fee because that management fee comes back to me, the investor, an
22:17 / 23:32
from transcript22:17 – 23:32
...add around periods of volatility. All the the real absolute dollar value of compounding shows up in the out years, so you just wanna make sure that you're still compounding in the out years. That's right. And it's sort of where we take issue with Por
18:40 / 19:46
from transcript18:40 – 19:46
...earlier in life? You know, I can't remember a specific one, but I think the sort of evolution happened a little bit gradually. So a value investor, you would sort of look at what the current cash flows of the business are and kind of valuing it on th
9:43 / 11:02
from transcript9:43 – 11:02
...value accrue, and then it moved beyond our original investment case. And therefore, we became more comfortable in investing more money over time. And what people get wrong oftentimes is just duration. Because duration, if you can go 15% back to your
1:33:40 / 1:34:54
from transcript1:33:40 – 1:34:54
...value investments where the average occurrence is that you're gonna lose your money, but make enough of those bets. And so it works out to be a great return. And then by the way, try to help the companies in whatever way you can and follow them close
36:43 / 37:47
from transcript36:43 – 37:47
...nuggets. Investing is about connecting dots saying, wow, that connects to this. If this could be like that, what we're seeing in these numbers could be radically different. It's a creative act, and it's an intuitive act, and it's a relationship act,
38:56 / 40:15
from transcript38:56 – 40:15
Sounds like just the right mix to create a scalable institutional edge without growing headcount. For hedge funds, this means validating thesis assumptions before earnings across dozens of experts instead of a handful. For private equity, it means fa
0:46 / 1:57
from transcript0:46 – 1:57
...value factor. But even if you say there are reasons that these valuations structurally stay at this higher levels, the the difference, then I think it's still the structural value premium coming from, let's say, the migration of cheap stocks going in
8:20 / 9:30
from transcript8:20 – 9:30
...investing around. There's lots of ways to win. I rely on one or two factors. One of the things I'm personally really focused on is thinking about the different kinds of opportunity costs for capital today as rates have gone up as the S and P has a ce
14:51 / 16:05
from transcript14:51 – 16:05
...that value add for those investors. It's because at modern treasury,
1:17:57 / 1:19:02
from transcript1:17:57 – 1:19:02
...about adding value to your partners beyond just the knowledge and the performance you're delivering. Quite different, I would imagine, sitting at Altimeter doing one strategy than at a TPG or Goldman where there's just lots of different inputs and st
35:14 / 36:22
from transcript35:14 – 36:22
...values of the organization are aligned with its competitive advantage, like for instance in retail, what do the core values of great retailers need to be? It's gotta be about taking care of your people. We use the example of of Costco versus Sam's Cl
11:17 / 12:38
from transcript11:17 – 12:38
...for firms that are research intensive. But we also mix it, blend it with our signals such as EBITDA to EBITDA that's quite popular in the private equity world or cash flow to price, looking at different financial statement next to the balance sheet a
3:01 / 4:13
from transcript3:01 – 4:13
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