MI Rewind: Discovering Value Investments w/ Vitaliy Katsenelson

<p>Clay Finck chats with Vitaliy Katsenelson about what Vitaliy looks for in the companies he invests in, how he thinks about the discount rate in his valuation process, and more.</p><p>Vitaliy is the CEO of Investment Management Associates and is the author of the Little Book of Sideways Markets.</p><p><br></p><p><strong>IN THIS EPISODE, YOU’LL LEARN: </strong></p><p>00:00 - Intro</p><p>03:03 - How Covid-19 has changed the game of value investing.</p><p>18:44 - How Vitaliy ensures that managements incentives are aligned with that of the shareholders.</p><p>21:22 - Why buying great companies might not be a good investing strategy.</p><p>30:53 - Whether Vitaliy believes that 100% stocks can give investors a well-balanced portfolio.</p><p>38:34 - What Vitaliy thinks about China’s rise as a global powerhouse and how it might affect the financial markets.</p><p>And much, much more!</p><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Vitaliy Katsenelson’s website <a href="https://contrarianedge.com/" rel="noopener noreferrer" target="_blank"><strong>Contrarian Edge</strong></a>.</li><li>Vitaliy’s book, <a href="https://amzn.to/41awnzD" rel="noopener noreferrer" target="_blank"><strong>The Little Book of Sideways Markets</strong></a>.</li><li>Listen to Vitaliy’s articles <a href="https://investor.fm/" rel="noopener noreferrer" target="_blank"><strong>here</strong></a>.</li><li>Related episode: Listen to <a href="https://link.chtbl.com/MI125" rel="noopener noreferrer" target="_blank"><strong>MI125: Investing Like Warren Buffett w/ Jake Taylor</strong></a>, or watch the <a href="https://www.theinvestorspodcast.com/millennial-investing/investing-like-warren-buffett/" rel="noopener noreferrer" target="_blank"><strong>video</strong></a>.</li><li>Get a <a href="https://www.amazon.com/Audible-Free-Trial-Digital-Membership/dp/B00NB86OYE/?&amp;_encoding=UTF8&amp;tag=millenniali0e-20&amp;link