A Value Investing MasterClass | Tobias Carlisle

[@bradschultz6081]

Always great to hear from Toby Carlisle! Not only was his investing commentary solid, but I loved his biggest concern and biggest source of optimism at the end of the podcast. Thanks!

[@luis_g_77]

Love the Value After Hours podcast

[@matthewolson7404]

Love it guys, keep spitting truth!

[@stevew4079]

What bugs me (referring to the conversation before and after around the 53 minute mark) is the paper that shows exactly that: just backrest everything and don't try and make sense of it.

[@mrx2062]

In order to get the business return, you need to buy quality companies you can actually hold. Deep value investing according to my understanding focuses on cheapness only. So you essentially do cigar butt investing. I cannot imagine holding such companies long time, so the only way to make money with cigar butts is essentially PE changes. You need to do quality investing to hold longer time to get the business return.

[@gregorybainathsah7284]

Great episode! Really knowledgeable guest

[@deansworld2047]

Great solid episode!

[@MichaeldeSousaCruz]

25:14 Oops, your guest is wrong. He’s a Monetarist. Shame.

[@MichaeldeSousaCruz]

You know where inflation is going to go when you look at the Fed Funds Rate, because that is the rate of inflation 🤷‍♂️ I’ll keep telling you guys until you get it

[@crohmer]

annoying

[@MichaeldeSousaCruz]

@@crohmer I know, isn’t it?

[@DollyRanch]

how can the FFR be the inflation figure when their target is not zero? Doesn't make sense

[@MichaeldeSousaCruz]

@@DollyRanch the Fed does not know that their FFR is the inflation rate. They believe that the FFR controls/fights inflation. So they don’t realize that their only tool is to actually control the continuous increase/decrease in the price level. Their misguided belief comes from Neoclassical/Monetarist Mythonomics. If they want 2% inflation, then set the FFR to 2% and forget it. The term structure of prices will adjust accordingly and relatively to that.