Episode 197

MI126: A Rational Approach to Investing w/ Tobias Carlisle

Clay Finck chats with Tobias Carlisle about what led him to becoming a value investor, what mean reversion is and how it relates to his overall investment strategy, how inflation impacts his investment process, what the shiller PE is and why it’s something to be mindful of, what his thoughts are on determining an appropriate discount rate, and much, much more!

The Intrinsic Value Podcast - The Investor’s Podcast Network

December 21, 202151m 42s

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Show Notes

IN THIS EPISODE, YOU’LL LEARN:

02:00 - How Tobias ended up becoming a value investor.
07:43 - What investors had a big impact on Tobias’ own development.
33:40 - How inflation impacts his overall thought process for stock investing.
41:23 - Tobias’ thoughts on an appropriate discount rate, and what discount rate Warren Buffett might be using in his valuation process.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance.
Get a FREE audiobook from Audible.
Check out our Investing Starter Packs about business and finance.
Tobias Carlisle’s book The Acquirer’s Multiple.
Tobias Carlisle’s book Deep Value.
Tobias Carlisle’s book Quantitative Value.
Bruce Greenwald’s book Value Investing.
Benjamin Graham’s book, The Intelligent Investor.
The Acquirer’s Podcast.
The Acquirer’s Multiple.
The Acquirer’s Fund.
Value After Hours Podcast.
Related Episode: MI025: Deep Value Investing w/ Tobias Carlisle.
Related Episode: MI084: Warren Buffett, Charlie Munger, And Berkshire Hathaway w/ Adam Mead.
Related Episode: TIP402: Investing Mastermind Q4 2021 w/ Tobias Carlisle, Jake Taylor, and Wes Gray.

SPONSORS

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Read this episode’s transcript and full show notes on our website.

Connect with Tobias: Website | Twitter | LinkedIn

Connect with Clay: Twitter

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