No video

A New Golden Age for Savvy Stockpickers w/ Bob Robotti (RWH046)

William Green chats with Bob Robotti, a great investor who’s crushed the S&P 500 over the last 40 years. Bob, the President & Chief Investment Officer of Robotti & Co, explains why he believes we’re in a “new golden age” for active, value-oriented investors (not index funds); why he expects persistently high inflation; why he’s betting heavily on the resurgence of Old Economy businesses; & how he’s positioned to profit from “the first truly global energy crisis.”
IN THIS EPISODE, YOU’LL LEARN
00:00:00 - Intro
00:08:48 - How Bob Robotti lucked into the ideal job for an aspiring investor.
00:30:46 - How working for Mario Gabelli was like a one-on-one MBA.
00:36:56 - Why Bob thinks we’re in a new golden age for savvy stockpickers.
00:43:30 - Why he’s betting heavily on a “metamorphosis of the Old Economy.”
00:44:08 - How globalization is evolving as China loses its edge.
00:48:46 - Why energy-intensive US companies have a long-term advantage.
00:56:30 - Why owning the “Magnificent Seven” looks like a risky bet.
00:57:21 - What an era of persistently high inflation means for investors.
01:02:47 - How value investing has changed.
01:18:30 - How Bob is positioned for “the first truly global energy crisis.”
01:38:15 - How his life has been enriched by helping young people.
01:44:18 - What he learned from his wife and father about facing adversity.
🤝 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig and the other community members: theinvestorspo...
📈 Learn to invest like legend investors do - from the company that has interviewed them. Use KZread15 to get 15% off! theinvestorspo...
💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: www.theinvesto...
▶️ RELATED EPISODES:
- What Works In Markets & Life w/ John Spears: • What Works In Markets ...
- What I’ve Learned From Charlie Munger, Mohnish Pabrai, Tom Gayner, & John Spears: • What I’ve Learned From...
- The Vigilant Investor’s Guide to Success in Stocks & Life w/ Chris Bloomstran: • The Vigilant Investor’...
- How to Win the Investment Game w/ Bryan Lawrence: • How to Win the Investm...
🎧 Listen to our episodes here: link.chtbl.com...
🖊️ Access the transcript and learn more about the guest here: www.theinvesto...
💡 OTHER RESOURCES
- Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future - Use our link here for a 14-day free trial: www.sahg6dtr.c...
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
ABOUT OUR SHOW 🎙
On Richer, Wiser, Happier, William Green interviews high-profile guests such as Howard Marks, Joel Greenblatt, and Ray Dalio. Exploring what they can teach us about how to succeed in markets and life.
🌍 Website: www.theinvesto...
📝 Help us understand our audience better so we can create a more intentional user experience by answering this survey! www.theinvesto...
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
📚OUR FREE INVESTING COURSES/RESOURCES www.theinvesto...
📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE www.theinvesto...
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.

Пікірлер: 55

  • @WeStudyBillionaires
    @WeStudyBillionairesАй бұрын

    📌 Check out this video next: kzread.info/dash/bejne/YqaC1tOFl6a-d7A.html ⚠ IMPORTANT: Please beware of cyber scams and phishing attacks. We will never ask for your contact info in the comments section. Kindly report suspicious accounts you see below. Thank you!

  • @ElLotdog
    @ElLotdogАй бұрын

    Honest interview, very knowledgeable, and evident he has a big heart ❤️

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    So glad you liked the episode! ❤

  • @albertolucchini7326
    @albertolucchini7326Ай бұрын

    Well, just another exceptional interview from Mr. Green

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Thank you so much! 🙏

  • @pedrogonzales6117
    @pedrogonzales6117Ай бұрын

    This man is a beautiful soul. Thank you for sharing this one ❤

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    So happy to hear that! ❤

  • @joeysocks5718
    @joeysocks5718Ай бұрын

    Great interview with a fascinating man. Thank you.

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Our pleasure! 🙌

  • @valentinc100
    @valentinc100Ай бұрын

    What a beautiful lesson on macroeconomics and inflation's impact on different markets!

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Glad it was helpful! 💯

  • @KamilMauel
    @KamilMauelАй бұрын

    More of the RWH recently = more of productively-relaxing weekends 🙂

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Much appreciated! ♥

  • @SkepticButOptimist
    @SkepticButOptimistАй бұрын

    Love Robotti one of the greatest to play the game!

  • @SkepticButOptimist

    @SkepticButOptimist

    Ай бұрын

    The demutualization he talks about 23:02 reminds me of the demutualization that Greenblatt utilized with Hudson City Bancorp

  • @SkepticButOptimist

    @SkepticButOptimist

    Ай бұрын

    And another wonderful moment at 1:41:41 adversity shapes oneself and I’m glad Bob is so giving in his time and advice.

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    So happy to hear you liked the interview! 🎉

  • @dessanguyen
    @dessanguyenАй бұрын

    Wow I teared up when he choked up. Amazing interview. Thank you both for the authenticity and for sharing such sage and priceless wisdom. A true gift thank you again

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Thank you for the kind words! 🙏

  • @marcoaraujo4771
    @marcoaraujo4771Ай бұрын

    What a legend! Thank you.

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Thank you so much for tuning in! 💯

  • @JackMT86
    @JackMT86Ай бұрын

    Is this the interview with the story of the lady who passed sway with an amazing stock portfolio and the dividends she received were larger than her cost basis on the companies?

  • @missyleger
    @missylegerАй бұрын

    This was a great interview!

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    So happy to hear that! 🙏

  • @JB-ty8vf
    @JB-ty8vfАй бұрын

    Self-select consistent moats, via Quality per long-term metrics trends and sustained balance sheets. No ETFs. Only diversify across equities.

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Hope you found the episode valuable! 💡

  • @dassa0069
    @dassa0069Ай бұрын

    Resources and Agriculture are the future due to increasing scarcity.

  • @dassa0069
    @dassa0069Ай бұрын

    I have been value investing since 1967. I have dealt with all the characters he mentioned and more. Due to Nixon cutting off NIH and NSF funds in Mass because nobody here voted for him i abandoned my Biophysics career for value investing. I wrote letters to money managers and market makers followed by phone calls; nobody does that. I learned the most from Ralph Coleman of The OTC Securities Fund.

  • @tulipmania4923
    @tulipmania4923Ай бұрын

    Great interview thank you. Can you please put these videos on Spotify?

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Thanks so much for watching! 💯

  • @b4bmm
    @b4bmmАй бұрын

    Cracking conversation

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Thank you so much for watching! 💯

  • @Lanark83
    @Lanark83Ай бұрын

    Great listen. BUT hard to find a major index he has beaten. Story is great and I like the thesis but pick an industrials etf and 90% likely over 5-10 years you beat his picks.

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Thanks for watching! 😀

  • @mark4083

    @mark4083

    Ай бұрын

    It sounds like he's pivoted from value investing in earlier years to macro trend predictions now. Does that sound right? Probably more interesting for him, but not more profitable?

  • @rickfool1452
    @rickfool1452Ай бұрын

    I love how u say with such pride. Oh we don't talk about stocks. We want these interviews to be 'timeless'. In other words, useless for listeners interms of generating alpha. Get guy spier on for the 200th time & recycle some buffetisms. It's why I unsubscribed years ago. Robotti is actually worth listening to because he's actually in the arena & I can keep score.

  • @RicherWiserHappier

    @RicherWiserHappier

    Ай бұрын

    Thanks for your message, @rickfool1452. To be honest, it's not a matter of pride. It's more of a public health warning. Over the last three decades, I've written and edited a lot of articles that featured stock picks, including pieces for great publications like Fortune, Forbes, Money, Barron's, and Time, where we were sincerely trying to benefit our audience. But the truth is that I'm not sure that these stock picks ever truly added any value for my readers (unless, say, they had the good fortune or good judgment to buy Amazon at $6 when I profiled Bill Miller for Fortune in 2001). There's also a timeliness issue, which is that there's often a delay of a few weeks between when I do a podcast interview and when it actually airs, so I don't want a listener to buy a stock and then discover that the person who recommended it has sold it or changed their mind since our interview. For these and other reasons, I think it's more helpful for me to discuss stocks as illustrations of how my guests think about investing or to discuss certain trends/themes that they're seeing in the world. Beyond that, I'm more interested in how these extraordinarily smart investors think about how to live well, how to think better, how to deal with their mistakes, how to build a competitive advantage, how to balance success in the financial world with the challenge of having a happy personal life, how to build a resilient life both financially and personally in the face of impermanence and entropy, etc etc. As I see it, those are rich subjects that are maybe under-explored, whereas it's easy enough to get a limitless array of stock picks elsewhere. So, that's just not my focus, and I hope it never will be. Anyway, wishing you much success in your efforts to generate alpha. Warm wishes, William

  • @joezawinulreviewsandreacti2509
    @joezawinulreviewsandreacti2509Ай бұрын

    Wait so did China run out of raw materials compared to the USA?

  • @Cloninginvesting
    @CloninginvestingАй бұрын

    ❤🤝🤝

  • @HedgeFundOfOne
    @HedgeFundOfOneАй бұрын

    Robotti & Gabelli don't read books because they've been too busy developing their own methodology that should be documented in books. 😊

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Thanks so much for watching the video! 😎

  • @dassa0069
    @dassa0069Ай бұрын

    Ghawar is producing more water daily.

  • @danlee6997
    @danlee6997Ай бұрын

    His funds have underperformed for at least 10 years.they act like he is some kind of guru.

  • @olivierm6893

    @olivierm6893

    Ай бұрын

    That's the whole point of his video

  • @JakeAllen3

    @JakeAllen3

    Ай бұрын

    He’s beaten the market over 30+ years

  • @sebfox2194

    @sebfox2194

    Ай бұрын

    10 years is a very short time frame. Funds that underperform in one decade can outperform in the next.

  • @bigmoose143
    @bigmoose143Ай бұрын

    Why does this host talk so much? We are not here to admire his knowledge, are we?

  • @RicherWiserHappier

    @RicherWiserHappier

    Ай бұрын

    He can't help it.

  • @bigmoose143

    @bigmoose143

    Ай бұрын

    @@RicherWiserHappier Appreciate the honesty. :)

  • @TD-es5py

    @TD-es5py

    Ай бұрын

    @@RicherWiserHappier😂

  • @faronskelton4085

    @faronskelton4085

    Ай бұрын

    I still think you're one of the best interviewers I've ever listened to.​@@RicherWiserHappier

  • @LalaPala-ml2or
    @LalaPala-ml2orАй бұрын

    No, next decade belongs to bitcoin

  • @sebfox2194

    @sebfox2194

    Ай бұрын

    No, the previous decade belonged to bitcoin.

  • @easternhair
    @easternhairАй бұрын

  • @WeStudyBillionaires

    @WeStudyBillionaires

    Ай бұрын

    Thanks so much for tuning in! 🙌

Келесі