The Intellectual Investor – Value Investing by Vitaliy Katsenelson

Over the last few years, our portfolio has skewed more international. Today, if you only invest in the US, you're experiencing two stock market hells. The post Escaping Stock Market Double Hell – Ep 245 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

2024 brought me back to a core Stoic principle that I hold close to my heart: the dichotomy of control. We can apply it in investing. The post Embracing Stock Market Stoicism – Ep 244 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

My son Jonah and I were at CES (the Consumer Electronics Show) in Las Vegas. I wanted to attend CES to shake myself out of my comfort zone. The post Thoughts from Consumer Electronics Show – Ep 243 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

In this Q&A excerpt, we'll explore teaching money habits to young people and how writing has improved my investment approach. The post Q&A Series: Money Habits for Kids and the Power of Writing – Ep 242 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Warren Buffett has stated multiple times that if he could manage a very small amount of money today, he would be able to return more than 50% per year to shareholders. If you managed a million dollars of only your own money, would you do it differently? The post Managing a Million: What Would I Do Differently? – Ep 241 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

I asked AI to educate and entertain my readers with a radio show-style dialogue based on my essay - The Impact of Higher Interest Rates on the Economy. The post The Impact of Higher Interest Rates on the Economy – AI Edition – Ep 240 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

I asked AI to transform my essays into a radio show-style conversation. In this episode, topic is stock market math, sideways markets, the role of P/E in market cycles, impact of interest rates on P/E, economic analysis, Magnificent Seven stocks, NVIDIA, and a lot more. The post Navigating Market Cycles: From Bulls to Nvidia – AI Edition – Ep 239 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

How do you balance your life between being an investor, running a firm, writing and other aspects of your life such as your family? The post A Balanced Life: My Approach – Ep 238 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

If you were obliged to invest all your assets with one person and you couldn’t choose Warren or Charlie, whom would you pick? The post Choosing an Investment Manager: Beyond Warren and Charlie – Ep 237 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

I wanted to share excerpts from a Q&A session I held in Omaha. This excerpt focuses on parenting and personal growth. The post Q&A Series: On Parenting and Personal Growth – Ep 236 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

What’s a famous investment rule I don’t agree with? Which key characteristics should a good investor have? The post Challenging Investment Rules and Key Investor Traits – Ep 235 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

CHTR, just like Comcast, showed only a very slight decline in broadband customers in the quarter. The post The Infinite Game in Telecom – Ep 234 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

A basic property of religion is that the believer takes a leap of faith: to believe without expecting proof. The post The Hidden Risk in “Religion” Stocks – Ep 233 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

I’m going to share stories about my best and worst investment decisions. But don’t worry, this isn’t just a brag-and-cringe session about making or losing money. The post The Best and Worst Investment Decisions I’ve Made – Ep 232 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Donald Trump went full Bitcoin. He wants the US to become a “Bitcoin superpower”; he promised to build a Bitcoin strategic reserve. The post Trump’s call for a bitcoin strategic reserve is a very bad idea – Ep 231 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

How does our investment approach stack up against Warren Buffett’s? Answering this question gives me a chance to dissect Buffett’s famous investment principles and compare them to our own strategy. The post Unpacking Buffett’s Investment Philosophy: A Personal Perspective – Ep 230 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

How do I describe myself as an investor? This question provides an opportunity to delve into what I mean by being an “eclectic value investor with a slight touch of dogmatism.” It’s a comprehensive look at our investment philosophy and approach. The post The Eclectic Value Investor – Ep 229 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

The discussion of AI quickly falls into a domain bordering on Sci-Fi. My thoughts here are only marginally shaped by scientific facts. The post The AI Revolution – Ep 228 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

I will discuss investments in the EV industry, spurred by the following question from a client. The post The EV Industry Landscape – Ep 227 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Interest rates that stay low and actually keep declining for almost a quarter of a century slowly propagate deep into the fabric of the economy. The post Understanding Today’s Economic Landscape – Ep 226 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

The technology at the core of the mania is different every time. What doesn't change over time is human emotion . The post Lessons from History’s Technology Booms – Ep 225 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Science Fiction Stock Analysis - Conversations with Vitaliy - Episode 48 The post Science Fiction Stock Analysis – Conversations with Vitaliy – Ep 48 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

The average stock on the market is either up slightly or flat for the year. Most of the gains in the index came from the Magnificent 7 stocks The post The Magnificent 7 and the Dangers of Market Hype – Ep 224 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

What Makes for a Great Investor? - Conversations with Vitaliy - Episode 47 The post What Makes for a Great Investor? – Conversations with Vitaliy – Ep 47 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

The Right Way To Think - Conversations with Vitaliy - Episode 46 The post The Right Way To Think – Conversations with Vitaliy – Ep 46 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Benefits of Travel- Conversations with Vitaliy - Episode 45 The post Benefits of Travel- Conversations with Vitaliy – Ep 45 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

My daughter Hannah was just accepted to University of Denver. She might take out student loans. Why wouldn’t she? The post The Slippery Slope Of Student Loan Forgiveness – Edition 2024 – Ep 223 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Crash Course in Failure - Conversations with Vitaliy - Episode 43 The post Crash Course in Failure – Conversations with Vitaliy – Ep 43 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

On the 30th Anniversary of my family's arrival in the United States from Soviet Russia, I reflect on my time here. After recounting the hard early days in a new country when I was "fresh off the boat", I offer perspective on how America has changed since I arrived. What I see now is, in some ways, more troubling than what I found all those years ago as a new immigrant. The post 30 Years in America – Edition 2024 – Ep 222 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

The Right Way To Think - Conversations with Vitaliy - Episode 42 The post The Right Way To Think – Conversations with Vitaliy – Ep 42 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

When in the past I described my trip to the Berkshire Hathaway annual meeting to others, I found that I contradicted myself. The post Rediscovering the Essence of the Berkshire Hathaway Annual Meeting – Ep 221 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

What If You Had To Do It Over Again? - Conversations with Vitaliy - Episode 41 The post What If You Had To Do It Over Again? – Conversations with Vitaliy – Ep 41 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

You Are Missing This Skill - Conversations with Vitaliy - Episode 40 The post You Are Missing This Skill – Conversations with Vitaliy – Ep 40 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

You Can't Be Good at Investing Without Knowing This - Conversations with Vitaliy - Episode 39 The post You Can’t Be Good at Investing Without Knowing This – Conversations with Vitaliy – Ep 39 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Dad, you are not growing. You’ve stopped learning new things. You used to have new, creative ideas. The post Dad, You Are Not Growing! (Embracing Vulnerability) – Ep 220 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Take Control of Your Life - Conversations with Vitaliy - Episode 38 The post Take Control of Your Life – Conversations with Vitaliy – Ep 38 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Stand For Something in Life - Conversations with Vitaliy - Episode 37 The post Stand For Something in Life – Conversations with Vitaliy – Ep 37 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Uber's business is doing extremely well. It has reached escape velocity – the company's expenses have grown. The post Hedging The Portfolio With Weapons Of Mass Destruction – Ep 219 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Skin in the Game vs Soul in the Game - Conversations with Vitaliy - Episode 36 The post Skin in the Game vs Soul in the Game – Conversations with Vitaliy – Ep 36 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Despite weakness in cable stock prices, our thesis on Charter Communications (CHTR) and Comcast (CMCSA) has not really changed. We made a small, superficial change in the portfolio. Read my full article about AI here: 📩 Join 86,000+ readers on... The post Cable Stocks Keep Getting Punched In The Mouth – Ep 218 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

AI is changing the way we live our life, and investing is no different. Here is how AI will change investing in my eyes. Read my full article about AI here: 📩 Join 86,000+ readers on my weekly email newsletter: 📚 Get my books: Soul in the... The post How will AI Change Investing? – Conversations with Vitaliy – Ep 35 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

One of my principles in life is to have a net positive impact on the people I touch. If every single stock I discussed only went straight up, I wouldn't have to worry about it. But this is not how life works. 📩 Join 86,000+ readers on my weekly... The post No Shortcuts To Greatness: The Path To Successful Investing – Ep 217 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

A reader of mine recently asked me how I would construct the optimal portfolio. Here is how I would do it. 📩 Join 86,000+ readers on my weekly email newsletter: 📚 Get my books: Soul in the Game - The Little Book of Sideways... The post Construct the Optimal Portfolio – Conversations with Vitaliy – Ep 34 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

You don’t have to worry about the market and its crazy valuations. That’s your neighbor’s problem, not yours. In building your portfolio, we are aiming for resilience. 📩 Join 86,000+ readers on my weekly email newsletter: 📚 Get my books:... The post Investing In A New Era Of Global Tensions – Ep 216 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Here are 4 Mental Models That Will Change Your Life: 𝗜𝗻𝘃𝗲𝗿𝘀𝗶𝗼𝗻 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 (𝗜𝗻𝘀𝗽𝗶𝗿𝗲𝗱 𝗯𝘆 𝗖𝗵𝗮𝗿𝗹𝗶𝗲 𝗠𝘂𝗻𝗴𝗲𝗿)... The post 4 Mental Models To Change Your Thinking – Conversations with Vitaliy – Ep 33 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

Today EV sales account for a tiny rounding error of total global car sales. Can traditional automobile companies successfully transition to making EVs? 📩 Join 86,000+ readers on my weekly email newsletter: 📚 GET MY BOOKS Soul in the... The post Why the Survival and Dominance of Car Manufacturers is Far from Certain – Ep 215 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

📩 Join 86,000+ readers on my weekly email newsletter: 📚 Get my books: Soul in the Game - The Little Book of Sideways Markets - Active Value Investing - My Key Links 🌍 My website/blog - 🔗 Business Website - 🐦... The post Will Your Kids Remember You? – Conversations with Vitaliy – Ep 32 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

My brother Alex, my son Jonah, and I went to a conference in Switzerland. We saw this as an opportunity to turn the bookends of the trip into a small European vacation. 📩 Join 86,000+ readers on my weekly email newsletter: 📚 GET MY BOOKS... The post Expanding Perspectives Through Travel – From Spain to the UK – Ep 214 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

📩 Join 86,000+ readers on my weekly email newsletter: 📚 Get my books: Soul in the Game - The Little Book of Sideways Markets - Active Value Investing - My Key Links 🌍 My website/blog - 🔗 Business Website - 🐦... The post This Advice Will Rewire Your Brain – Conversations with Vitaliy – Ep 31 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

📩 Join 85,000+ readers on my weekly email newsletter: 📚 Get my books: Soul in the Game - The Little Book of Sideways Markets - Active Value Investing - My Key Links 🌍 My website/blog - 🔗 Business Website - 🐦... The post The Real Definition of Wealth – Conversations with Vitaliy – Ep 30 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.