The Intellectual Investor – Value Investing by Vitaliy Katsenelson

To understand what will happen in China and its impact on the global economy, we simply need to invert what happened over the last two decades. 📩 Sign up for my free weekly email newsletter 🎙 Check out my weekly podcast, The Intellectual... The post What happens in China may not stay in China – Ep 206 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

There are 5 investing books that I think everyone should read. - Lawrence Cunningham - Nassim Nicholas Taleb - Nassim Nicholas Taleb - James Montier - Pat Dorsey 📩 Sign up for my free weekly email newsletter 🎙 Check out my weekly... The post The 5 Investing Books Everyone Should Read – Conversations with Vitaliy – Ep 12 appeared first on The Intellectual Investor - Value Investing by...

I am about to discuss a topic that, for reasons that are unclear to me, has been politicized: oil and gas. I am writing this as a pragmatic analyst who looks at two factors: supply and demand. After all, I am not hired by you (IMA clients) to come up... The post Our investments in oil and natural gas stocks – Ep 205 appeared first on The Intellectual Investor - Value Investing by Vitaliy Kat...

Here is what you should look for when hiring someone. 📩 Sign up for my free weekly email newsletter 🎙 Check out my weekly podcast, The Intellectual Investor. 📚 GET MY BOOKS Soul in the Game - The Little Book of Sideways Markets - Active... The post What You Should Look For When Hiring Someone – Conversations with Vitaliy – Ep 11 appeared first on The Intellectual Investor - Value Inv...

I just finished a fifteen-page seasonal letter to IMA clients. It discusses the economy and the positioning of our stock portfolio, as well as China, fossil fuels, AI, and unions. I will share excerpts from it over the next few weeks, starting today... The post My Thoughts on the Economy – Ep 204 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

When my wife and I got married, my friend Mark took us out to a lunch that forever changed my relationship with money. 📩 Sign up for my free weekly email newsletter  🎙 Check out my weekly podcast, The Intellectual Investor. 📚 GET MY... The post Never Look at Money the Same Way – Conversations with Vitaliy – Ep 10 appeared first on The Intellectual Investor - Value Investing by Vitali...

An update on the situation in Israel and my thoughts on unions. Show notes: Listen to Alex (Ethan and Jacob's father) . Contribute . 📩 Sign up for my free weekly email newsletter  🎙 Check out my weekly podcast, The Intellectual... The post Unions: From Stimulant for the Economy to Cancer – Ep 203 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

In this episode, I highlight some of the most overlooked factors in investing. I discuss the importance of understanding financials and looking deeper into company culture and management. I provide examples of CEO excesses, like the case of GE CEO... The post What You Overlook In Investing – Conversations with Vitaliy – Ep 9 appeared first on The Intellectual Investor - Value Investing...

Reading is something I find extremely rewarding, so it is a pleasure to share five book recommendations and one bonus book with you.  Book Recommendations: Shantaram by Gregory David Roberts  How To Think Like A Roman Emperor by Donald... The post The 5 Books You Should Read – Conversations with Vitaliy – Ep 8 appeared first on The Intellectual Investor - Value Investing by Vitaliy Kat...

Worried about the next recession? Don't panic and listen to this. 📩 Sign up for my free weekly email newsletter  🎙 Check out my weekly podcast, The Intellectual Investor. 📚 GET MY BOOKS Soul in the Game - The Little Book of... The post Should You Worry About The Next Recession? – Conversations with Vitaliy – Ep 7 appeared first on The Intellectual Investor - Value Investing by Vitali...

Too often, people try to gamble rather than invest. Here is what I think the difference is between the two. 📩 Sign up for my free weekly email newsletter  🎙 Check out my weekly podcast, The Intellectual Investor. 📚 GET MY BOOKS Soul... The post Stop Gambling and Start Investing – Conversations with Vitaliy – Ep 6 appeared first on The Intellectual Investor - Value Investing by Vitali...

My father, Naum Katsenelson, passed away on August 10, 2023. Here is my ode to him. 📩 Sign up for my free weekly email newsletter  🎙 Check out my weekly podcast, The Intellectual Investor. 📚 GET MY BOOKS Soul in the Game - The... The post My Father – A Life Worth Living – Ep 202 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

If you are a young investor or interested in investing, I think you can benefit from my advice in this video.  The post My Letter To Young Investors – Conversations with Vitaliy – Ep 5 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

In this video I break down the keys to becoming a great investor. The post How You Can Be a Great Investor – Conversations with Vitaliy – Ep 4 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

Very often, people come to me asking for advice. Here is the advice I have to offer young people today.  The post Advice Every Young Person Needs To Hear – Conversations with Vitaliy – Ep 3 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

Many people out there are afraid to start writing. Take a page from my book and stop fearing; get to work. The post My Writing Journey – Conversations with Vitaliy – Ep 2 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

Apple is the best storytelling company on the planet. This was the thought that ran through my mind as I watched Apple present its new products at the WWDC conference. The post The Power of Telling Stories – Conversations with Vitaliy – Ep 1 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

My father and I started taking my son Jonah to Santa Fe in 2003, and this was when I first wrote about it. I have been writing, rewriting, and adding to this essay for the past ten years. I repolished it and included it in Soul in the Game. This... The post Life is a Walk – Santa Fe – Ep 201 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

In today’s letter, I want to address a question that I get asked at times: How do I get any research done since I travel a lot? And then I’ll explain the reasons for two next trips. 📩 Sign up for my free weekly email newsletter  🎙... The post How do I get any research done since I travel a lot? – Ep 200 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

Many times, we bought because they were in their “junior year”; this is what made them undervalued. Our research led us to the conclusion that their difficulties were transitory and that as they matured the market would revalue them. 📩 Sign... The post The Growing Pains of Maturity – Ep 199 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

Over the next two weeks, I will share with you a few excerpts from my 25-page summer letter to IMA clients.  Next week, I will be comparing my children to stocks and divulging my latest thoughts on Uber and Qualcomm.  My purpose in sharing... The post What is the Value of Apple? How do we evaluate risk? – Ep 198 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsene...

Over the last two decades, I have given talks on investing, mainly focused on my books, to CFA Societies around the world, from South Africa to New Zealand to Sofia, Bulgaria, and India in January of this year (you can watch that talk ). As a... The post Russia – History Repeats Itself – Ep 197 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

While I was watching Apple’s presentation, Meta’s Quest Pro (which I own for research purposes) suddenly started to remind me of Microsoft PCs – made by engineers for engineers, where the Vision Pro is created by humans for humans.  📩... The post Vision Pro is the Vision of the Future – Ep 196 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

Imagine withdrawing a job offer two days after it was made. This is exactly what we did. IMA is for an Operations Associate position, and after a lengthy hiring process, we offered the position to Sam (not his real name). However, two days later, we... The post How Not To Lose a Job That’s Yours – Ep 195 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .

Apple is the best storytelling company on the planet. This was the thought that ran through my mind as I watched Apple present its new products at the WWDC conference.  When it introduces a product, Apple doesn't just spend the time telling you... The post A Story about a Story – Ep 194 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson .