Andrew Walker, friend of the pod, returns to discuss some of his reflections following the Spirit merger ruling going against him. Bill pinged Andrew following the ruling and asked whether he would want to come back on the podcast to discuss the pros and cons of publicly liking a stock idea that does not work out. For those that listened to the episode a few weeks ago, or remember Bill's Qurate days, you may glean a little more insight into why the Spirit merger caused Bill to think so much.
The episode then goes on to discuss Calumet Specialty Products Partners. You can go back to last week's episode for a SAF primer. And you can also subscribe to https://yetanothervaluepodcast.substack.com/ to find Andrew's research on that company.
As always, we hope you enjoy the show.
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Detailed Show Notes
2:16 - That hot hot song
3:00 - Andrew's reflections on Spirit
15:40 - Bill's Qurate experience
18:00 - The double edged sword of being public
22:00 - What is the duty to vet guests?
24:50 - Binary bets vs. slow bleed bets
29:45 Being aware of being on tilt
32:00 - Calumet Specialty Products discussion
Ryan O'Connor
Aaron Edelheit and Stuart Loren - Never Again
Peter Mantas - The Potential Opportunity in Life Sciences
Andrew Walker - Yet Another Value Discussion!
Charles Frischer and Asheef Lalani - Fairfax Is A "Fat Pitch"
Arvind Sanger - The Sustainable Energy Transition
Derek Pilecki - A Financials Specialist
Value Stock Geek - Geeking on Value
Ian Bezek - Emerging Value
Braden Dennis - Building Stratosphere.io
Meb Faber Returns!
Dave Waters - Searching Nooks and Crannies
Josh Clarkson - Alternative Credit
Kristof Gliech - Choosing Managers
Mario Cibelli - Seeing Value in SMID
Dr. Luke Benoit - Grip It and Ryp It
Mathew Passy - THE Podcast Consultant
Ian Cassel - A Micro Perspective
Devin Anderson - Exploiting Behavioral Biases
Michael Batnick - The Not So Irrelevant Investor
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