Value Hive Podcast

A big thanks to the following sponsors for making the podcast a reality! Mitimco This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more...

This week our guest is Avram (or Avi) Fisher. Avi discusses his Perfect Investment Hypothesis, highlighting key factors that make an investment ideal. The conversation then delves into the topic of the industrials supercycle, exploring trends and dynamics in the industrial sector. Avi also discusses construction accounting and its complexities. Additionally, Avi highlights Matrix Service ($MTRX) a...

This week we have Jeremy Rapper as a returning guest. We had a very interesting discussion on what I call Social Activism. He discusses lessons on shorting, including the Silicon Valley Bank case. The conversation then shifts to event-driven investing with the Hunter Douglass Saga as an example of Social Activism. Jeremy also provides insights on Japanese capitalism and the importance of idea gene...

Hey Guys! This week we have Judd Arnold as a returning guest. Judd discusses why Tidewater is the best energy stock at the moment. He explores offshore opportunities, like VAL, RIG, and NE. Judd highlights the importance of liquidity and provides insights on finding post-bankruptcy ideas. He also mentions Pagaya (PGY) as an interesting company and shares additional investment ideas. [0:00] Why Tid...

Hey all! I am on vacation with my wife's family this week and do not have a new episode! Instead, I'm replaying one of my most popular podcasts, "Shrubbery Capital Pt. 2." The podcast has grown since that original airing and new Value Hive listeners should learn a ton from The Shrub! This episode was all about idea generation, what happens when we go from an Inflationary Environm...

Hey guys! I'm stoked to have Mike Alkin on the podcast this week. Mike runs Sachem Cove Capital, a private investment fund. Mike is known as the "Uranium Guy" on Twitter and this week he provides the Ultimate Uranium Crash Course. It's everything you need to get up to speed on the Uranium Bull Thesis. We discuss supply/demand drivers, how to build demand and supply models, foreca...

I hope you guys enjoy this podcast with Thomas Bachrach, Principal at PFH Capital. This is Thomas's third time on the show and I always learn something when we chat. This week, Thomas pitches NRP, discusses how value investors can underwrite mining/commodity stocks, and other interesting ideas in Latin America that have his attention. If you enjoyed this episode, please follow Thomas on Twitte...

This week we're continuing our Investor Audibles series with Q1 2023 letters from the following investors/funds: Alluvial Capital Greenhaven Road Capital 1 Main Capital Please let me know what other letters you'd want to hear on future Investor Audible series episodes! Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you b...

Hey guys! This episode, we have James Davolos, from Horizon Kinetics, as a returning guest, sharing valuable insights on various topics. James discusses the nature of sticky inflation and the distinction between structural and cyclical inflation. He also dives into the royalty business model in the precious metals industry, exploring its history and the concept of streaming agreements. James provi...

I'm stoked to share my conversation with Calvin Froedge. Calvin has one of the most unique investing backgrounds I've encountered in four years of the podcast. He didn't graduate high school. Instead, he spent his late teen years working for his dad's machinery business. He explored other business ventures in his early twenties before moving to Panama. Today, Calvin spends his time...

Hey Guys! This episode, we hear from Tavi Costa, portfolio manager at Crescat Capital, and get his insights into the precious metals industry. Tavi talks about the importance of precious metals CAPEX and explains how the demand for precious metals, specifically gold, affects the industry. He also discusses the differing opinions of gold bears. Tavi shares his thoughts on the inflation super cycle...

Hey guys! This episode features Alex Verge, CEO of Journey, who shares his insights and experiences in the energy industry. Alex explains his “buy and exploit” game plan and emphasizes the importance of owning the land. He also talks about the cycles of the energy industry and how understanding them is crucial for success. Alex discusses the increasing costs in the energy space and shares his expe...

Welcome to another episode of the Value Hive Podcast, folks! Today, we have a real treat for y'all as we've got Jared Dillian in the house. This guy's a top-notch writer and author of "Those Bastards," and he drops some serious knowledge bombs on us. Now, if you're into finance and investing, you're going to love this one. Jared and I dive deep into important topics,...

Hey guys! In the latest episode of The Value Hive Podcast, I had the pleasure of speaking with Will Thomson, the managing partner at Massif Capital. Will's investment focuses on tangible assets that can help decarbonize the world. Throughout our conversation, we covered various topics related to investing in this space. We started by discussing the importance of copper and cobalt in transition...

Hey guys! This week I'm stoked to have Judd Arnold on the podcast. Judd runs Lake Cornelia Research Management, a hedge fund and bespoke investment research firm. Judd joined The Value Hive to break down the Offshore Energy Industry. Most of the podcast discusses convexity, how to find it within the offshore space, and how to compare various convexity levels between industry opportunities. You...

This week we're continuing our Investor Audibles series with Q4 2022 letters from the following investors/funds: SRK Capital HCM Capital Bonhoeffer Capital Please let me know what other letters you'd want to hear on future Investor Audible series episodes! Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to you by MIT Investm...

I hope you guys enjoy my podcast with Twitter's own WTI Realist. We spend nearly 90 minutes dissecting the oil bull thesis, emphasizing under-followed parts of the value chain like midstream and royalty businesses. If you enjoyed the podcast, please follow WTI Realist on Twitter here . Also, check out his Substack here ! Here's the time-stamp: [0:00] Meet our guest, WTI Realist [7:00] The...

Hey guys! This week we're excited to have our friend Harris Kupperman (aka Kuppy) back on the podcast. Kuppy is a dear friend and one hell of an investor. We spend the podcast discussing the idea of patience and boredom as keys to successful investing. We also touch on Kuppy's Inflection Investing framework. Finally, we dive deep into one of Kuppy's newest equity positions: Journey Ene...

Hey guys! This week is all about Post Bankruptcy Investing and we have Ferguson Cullen to show us his investing philosophy. He explained his concept of Subsidized Asymmetry, how he tries to not become an emotional Basket Case, investing in Peabody Energy, what are the red and green flags when you invest in bankruptcy ideas, how to find ideas and how he manages his portfolio, they exits and build a...

Hey Guys! This week we have Christine Guerrero. She is one of the most unique guests from our Oil & Gas Journey. She has spent actual time working as an Engineer in various Energy Producers. She shares how she got into the industry, why scalability is very important, her favorite stocks ($HES, $APA, $CGXEF & $FECCF), what are good unit economics, and what was like investing in energy compa...

This week our guest is the number one performing manager from last year the one and only Josh Young, from Bison Interest. During our conversation we talk all things about the Onshore and Offshore Energy Space, the most common mistakes naive investors make, managing an energy portfolio and position sizing, what are Drilled but Uncompleted and what are some of Josh’s favorite books. [0:00] Introduct...

We continue our pilgrimage through the oil and gas space and today we have Victor Swishchuck from Letko Brosseau to help us dive into the upstream section of the Energy Sector. Victor gives us a summary of what it means to really understand the energy sector from zero to one. We go from understanding the different types of crude oil to the different types of Upstream Oil and Gas Businesses, to how...

Hey Guys! This week is another episode on our 3 Month Journey through every corner of the energy space. Our guest today is Brian Gritt and he is kind enough to help us understand some of the myths surrounding the energy industry. We learn about his background, how he changed his mind from only solar energy to a more diverse portfolio of energy sources, why we should’t demonize fossil fuels, why Nu...

This week we're continuing our Investor Audibles series with Q4 2022 letters from the following investors/funds: Praetorian Capital  Gator Capital Management Maran Capital  Please let me know what other letters you'd want to hear on future Investor Audible series episodes! Finally, a big thanks to the following sponsors for making the podcast a reality. Mitimco This episode is brought to...

Hey Guys! This week we are back for a second round with the anonymous account @agnostoxxx aka The Shrub. This episode was all about idea generation, what happens when we go from an Inflationary Environment to Recessionary Environment, why he is bullish on Bayer ($BAYN) and how at the end of the day most analyst in the industry are Tik Tok investors. Check out the time stamp below: [0:00] What has...