TIP585: Concentrated Value Investing w/ Shree Viswanathan

<p>Clay Finck is joined by Shree Viswanathan to discuss his concentrated, patient, and global approach to investing. They touch on many of the key aspects to successful long-term investing as well as one of Shree’s portfolio holdings, Dino Polska, which reminds him of Walmart in their early days.</p><p>Shree Viswanathan is the founder and portfolio manager of SVN Capital.</p><p><br></p><p><strong>IN THIS EPISODE YOU’LL LEARN:</strong></p><p>00:00 - Intro.</p><p>02:17 - The story of his father earning 40x on an investment despite never garnering an interest in the subject.&nbsp;</p><p>08:54 - Spiritual and life lessons that Shree has learned over the years.</p><p>14:52 - The most important aspects to understand investing internationally.</p><p>20:52 - What makes India an attractive hunting ground for long-term investors.</p><p>33:10 - Why we should remain fully invested in uncertain times.</p><p>38:57- How investors can minimize the impact of ego hurting their performance.</p><p>41:30 - The benefits Shree has seen from a daily meditation practice.</p><p>46:31 - What led him to run a concentrated portfolio of only 9 holdings.</p><p>53:16 - Why Dino Polska out of Poland reminds Shree of Walmart in their early days.</p><p>56:43 - How Shree thinks about inflation and currency risk investing internationally.</p><p>01:11:10 - How Shree thinks about the valuation of Dino Polska.</p><p><br></p><p><em>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><p><br></p><ul><li>Check out our newly released&nbsp;<a href="http://theinvestorspodcast.com/mastermind" rel="noopener noreferrer" target="_blank"><strong>TIP Mastermind Community</strong></a>.</li><li>Shree’s fund:&nbsp;<a href="https://www.svncapital.com/" rel="noopener noreferrer" target="_blank"><strong>SVN Capital</strong></a>.</li><li><a href="https://archive.vcu.edu/english/engweb/transcendentalism/authors/emerson/essays/compensation.html" rel="noopener