Published On Sep 20, 2023
Subscribe to The Meb Faber Show podcast on your favorite platform so you never miss an episode! https://pod.link/1128955736
Today’s guest is Soo Chuen Tan, Founder & President of Discerene Group, which has a fundamental, contrarian, long-term value investing philosophy.
Today’s episode starts off with lessons from working under the great Seth Klarman at Baupost. Then we spend a lot of time around what the ideal structure is for an investment firm and how to build a true partnership with LP’s - and that even includes giving money back when there aren’t opportunities in the market.
Then we get into his investing philosophy. He answers broad questions like: what businesses actually have network effects? Does it matter if a certain business goes away tomorrow?
To see links or read the transcript of the episode, visit us at:
https://mebfaber.com/2023/09/20/soo-c...
-----
Today's episode is sponsored by YCharts. YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. YCharts offers a suite of intuitive tools, including numerous visualizations, comprehensive security screeners, portfolio construction, communication outputs, and market monitoring. To start your free trial and be sure to mention "MEB" for 20% off your subscription here: https://go.ycharts.com/meb2023 (New clients only)
Mark your calendars for September 22nd because YCharts will be hosting a webinar to unveil Proposals and show off its full potential. Register here: https://ycharts.zoom.us/webinar/regis...
-----
Follow Meb:
Twitter: / mebfaber
LinkedIn: / mebanefaber
Website: http://mebfaber.com/
To learn more about our products and follow us, subscribe to our mailing list: https://theideafarm.us1.list-manage.c...
Listen and subscribe on the platform of your choice:
Apple: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/6gEEIpE...
Google: https://podcasts.google.com/feed/aHR0...
Follow The Idea Farm:
Subscribe (FREE!): www.theideafarm.com
Twitter: / theideafarm
LinkedIn: / theideafarm-co
Tik Tok: / mebfabershow
Instagram: / reels