Pitch The PM

In this episode of Pitch The PM, Doug Garber speaks with Chris Murphy about his pre-IPO investment strategy and why $CBRS is his largest investment. Chris previously spent 17 years scaling a multi billion fund and is now focused on his pre-IPO PA (personal account) investment strategy. Chris has dug-in deep, hitting the road and reading heaps of expert call transcripts from Alpha Sense and Third B...

In this episode of Pitch The PM, Doug Garber sits down with Priyal Maniar , Global Energy Investor at T. Rowe Price | Investment Analyst and Portfolio Manager of Natural Resources ETF (TURF) to discuss the path that led her to one of the most coveted firms on the street. Priyal walks through her journey from BlackRock to T.Rowe, how an early passion for equity research and mentorship shaped her in...

In this episode, Doug Garber joins The Investment Memo to break down how hedge fund investors navigate macro volatility, manage risk inside low vol pod structures and stay focused on generating alpha. Doug shares how portfolio managers think during “risk-off” environments, why macro should not be your core thesis, and how strategies evolve inside multi-manager platforms. The conversation also dive...

Ep. 29: War & Markets | How a Former Sr. Millennium PM Invests in Equities In this episode, Doug joins Hyun Hong of The Investment Memo to break down how a buy-side investor is navigating today’s market backdrop. Doug shares how he thinks about building a variant view, managing risk in uncertain macro environments, and what’s actually driving the current conversation around oil, war, and reces...

Teamshares: The Next Programmatic Acquirer. Coming Soon: $LOKV → $TMS Doug Garber chats with Michael Brown (Teamshares, TMS) and Rick Hendrix (Live Oak, LOKV) about taking a programmatic acquirer of small businesses public via a DSPAC — the sourcing tech, capital plan, and why this opens a new asset class for investors. 🚀 In this episode: How Teamshares buys retirement-sale SMEs, systemizes sourc...

In this episode of Pitch The PM, Doug Garber sits down with Sean Emory, founder of Avory & Co., an investment firm focused on high-conviction, fundamentals-driven investing. Sean recently launched the Avory ETF ($AVRY), bringing his firm’s research-driven stock-picking approach to public investors. Sean outlines his “6 M” investment process that has allowed him to compound at nearly 20% for th...

$HSY: Historic Price/Cost Tailwinds as Historic Cocoa Price Spike Reverses 🍫📈Pitch The PM sat down with Mark Rogers (SIGMIT Advisors / Heddy Creek Research) to break down what may be one of the cleanest price-cost setups in consumer staples right now: Hershey ($HSY).After a brutal cocoa inflation cycle crushed margins, cocoa prices are now reversing sharply. The Street has started revising numbe...

Opening the Strait of Hormuz with Kevin Book of ClearView Energy Partners | Pitch The PMThe Strait of Hormuz is closed. Twenty million barrels of oil per day flow through that narrow channel. When it shuts down, the world feels it. The duration of the closure is the key to accessing the global ripple effects. Doug Garber sits down with Kevin Book, one of Washington's most respected energy poli...

Doug Garber sits down with Paul Sankey (Sankey Research) and Xavier Smith (AlphaSense) to break down what it would actually take to “unlock Venezuela” — and why the biggest oil-market impact may be second-order (US capex behavior), not an overnight flood of barrels. Despite the headline excitement around a post-Maduro reset and a new hydrocarbons law, Sankey argues Venezuela remains a long-road “i...

Doug Garber sits down with Sean Kumar (Humbucker Capital) to break down why Disney may be a value trap in disguise. Despite Disney’s evergreen IP and brand cachet, Kumar believes the street is mispricing the economics of DTC, overestimating ARPU growth, and underestimating park fatigue. He walks through his short framework grounded in bottoms-up segment analysis and consensus vs. internal modeling...

🎧 The better oil equity bet is in Colombia not Venezuela | with Venezuelan-American, Danny Pidert Hernández | Pitch The PMAfter the U.S. extracted Maduro, investors scrambled to re-underwrite the LatAm energy map. Doug Garber sits down with Danny Pidert Hernández — hedge fund manager, Venezuelan-American, and boots-on-the-ground LatAm research pro — to break down the real variant play emerging po...

Eli Lilly’s oral GLP-1 is going to change how the obesity market can scale. In this episode of Pitch the PM , Doug Garber speaks with Sriker Nadipuram, a founding member of Critical Value Asset Management, a long/short equity fund focused on biotechnology and pharmaceuticals. Doug and Sriker unpack why oral delivery matters for access, and long-term earnings power. The discussion focuses on how be...

In this episode, Doug sits down with Gil Luria, head of technology research at D.A. Davidson, for a wide-ranging and candid discussion on the current state of the AI arms race. Key Takeways:OpenAI has over-promised on the $1.4T of commitments to ORCL, CRWV, etc… and likely has to renegotiate and reduce the scope of its ambitions across the AI value chain to focus on their core like ChatGPT. There...

In this Alpha Sense sponsored webinar, we discuss how AI’s power demand is rewriting the energy equation. What started as a “data problem” has become an energy story — and few people have thought more deeply about that intersection than Arjun Murti, former Goldman Partner and author of Super-Spiked. Together, we unpacked:- How data centers consistent energy requirements are changing natural gas ma...

Doug Garber, former Citadel analyst and Millennium Senior PM, joins the Odds On Open podcast to unpack his experience  inside two of the top multi-manager platforms. Up and comer, Ethan Kho, explores the culture inside these two leading alternative asset management firms. We explore what defines success at each firm and what really separates the PMs and analysts who thrive from those who don’t. Do...

In this conversation, Doug sits down with Sinan Xin, managing partner at Amber Road, to discuss the “lost art” of international investing and dive deep on Nebius ($NBIS) — a misunderstood name in the global AI infrastructure ecosystem. Sinan has followed the company since its spinout from Yandex and built a position around $25 post-relisting earlier this year. Here he explains why Nebius now repre...

In this episode of Pitch the PM, Doug Garber sits down with Jeff Geygan, CEO of Rocky Mountain Chocolate Factory (RMCF), and Carrie Cass, the company’s CFO, to discuss how they’re rebuilding one of America’s most recognizable confectionery brands. The conversation goes far beyond chocolate — it’s a candid look at what real operational transformation looks like inside a small-cap public company. Th...

Jonathan Kasen spent over a decade as a portfolio manager at Fidelity, analyzing industrial and energy companies through the lens of four key elements: organic growth, operating leverage, free cash flow conversion, and reinvestment opportunities. Today, he’s applying those same principles to his latest venture: chocolate. In this episode of Pitch The PM, Jonathan joins Doug Garber to talk about hi...

The AI Capex Super-Cycle is well underway. We dive deep with Doug O'Laughlin, the President of SemiAnalysis - the leading field level industry experts and Michelle Brophy, the TMT DoR at AlphaSense. Watch the webinar now: https://lnkd.in/eUat9NyuIn this AlphaSense sponsored webinar we dive into all the key debates and which companies and products are winning across the entire AI Capex ecosystem. T...

Welcome to Pitch The PM, where host Doug Garber is joined by Aaron Ginn, CEO and Co-founder at Hydra Host. — — — — In this episode, Doug Garber and Aaron Ginn to unpack the forces reshaping the global AI infrastructure stack. They dive deep into Nvidia’s growing dominance and explore how CEO Jensen Huang is building an ecosystem designed to sideline the hyperscalers, financing their destruction wh...

Welcome back to another episode of Pitch The PM. In this episode, Doug Garber flips roles and steps in as the analyst pitching Vestis Corporation (VSTS)—a recent spin-out, route-based industrial with a new CEO taking the helm after missteps from the initial CEO. Former SAC PM Hugh Anderson plays the part of portfolio manager, dissecting the thesis and poking holes in the evidence. Together they ex...

This episode is a replay of a webinar recorded on May 15th, where Ed Moya interviews Doug Garber, founder of Pitch the PM and Westport Alpha. Doug walks through his 10-step Variant View Checklist to make the case for Zoom ($ZM). Once seen as a COVID-era relic, Zoom is now a misunderstood, cash-rich business with sticky enterprise traction, product expansion into UCaaS, and a setup that offers asym...

In this episode of Pitch the PM, Doug welcomes Mark Layton, CFO of Mammoth Energy Services (NASDAQ: TUSK), to explore one of his highest conviction investment ideas and his first of twenty lifetime “Buffett punchcard” investments. This small cap company ($132 MM market cap) is valued below cash levels ($150 MM) with the market giving the company no credit for its existing businesses or underutiliz...

In this episode of  Pitch The PM , host Doug Garber sits down with Adam Parker, founder of Trivariate Research, to discuss one of the market’s most buzzed-about stocks—Palantir (PLTR). Parker brings a sobering view of why PLTR’s irrational valuation could be set to crack on a significant index rebalance.  After increasing over five fold over the last year and reaching a market cap of over $300 bil...

Welcome back to another episode of Pitch the PM. In this episode, Doug speaks with biotech expert, Sriker Nadipuram from Critical Value Asset Management, about Jazz Pharmaceuticals Although outside Doug’s typical investment lane, the conversation highlights shared frameworks and rigorous research methodologies. Sriker unpacks Jazz’s business model, detailing its base business in neurology and the...