MI345: A Decade Outperforming The NASDAQ w/ Brian Stoffel
Millennial Investing - The Investor’s Podcast Network
Shownotes Transcript
Kyle Grieve chats with Brian Stofell about the crucial role of being transparent with your track record, how to score anti-fragility, managing risk in a portfolio where evaluation isn’t critical, the interplay of narrative and investor sentiment, how to utilize a reverse DCF to find the market's assumptions on growth, investment lessons from Nassim Nicholas Taleb, how to weight probabilities for analyzing the outcome of a stock, and a whole lot more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
03:12 - The significance of track record in decision-making processes.
03:50 - The crucial role of having "skin in the game" in various ventures.
08:56 - Insights into Brian's transition towards tech-oriented businesses.
09:13 - Why Brian adds a stock at any price, regardless of valuation, if the business is anti-fragile.
09:13 - The importance of free cash flow when looking at loss-making businesses.
14:30 - How Brian enters a position and how he allows it to earn its way to a higher allocation.
19:57 - Exploring the anti-fragility inherent in specific tech sectors.
37:52 - Why switching costs are so easily identifiable.
40:56 - How to use RDCF to help you better understand the assumptions made about a business.
46:22 - The importance of understanding the relationship between narratives and price.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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