MI209: The Art of Value Investing w/ Drew Weitz & Barton Hooper

IN THIS EPISODE, YOU’LL LEARN:

01:55 - What makes Weitz’s equity and fixed income funds different from others.04:20 - Weitz’s overall investment process and how it has evolved over time. 04:20 - What their “quality at a discount” (QAD) investing framework is. 11:45 - What 6 factors they look for to assess the quality of a company. 14:16 - What discount rate they use when projecting out cash flows. 24:01 - Their thoughts on Google, Facebook and Amazon stocks. 26:44 - Their investment thesis for Liberty Broadband. 31:30 - What drives large discrepancies between a companies’ enterprise value and market cap, and what should investors be more focused on. 37:52 - Why Accenture stock has been one of their core holdings for 10+ years. And much, much more! 

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

EPISODE RESOURCES

Check out Weitz Investment Management.  Related episode: Value Investing in the Digital Age w/ Adam Seese - MI196.Related episode: Warren Buffett Value Investing w/ Gary Mishuris - MI Rewind.Related episode: Investing Legend Bill Miller On Amazon, Bitcoin, & Buffett - RWH007.

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Connect with Weitz:  Twitter | Drew's LinkedIn | Barton's LinkedIn 

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