Host Andrew Walker delivers his November ramblings with four key themes. He kicks things off with a story about craps in Vegas to illustrate how early wins in investing can falsely reinforce flawed strategies. Andrew also explores the mental traps of buying stocks he initially passed on, offers cautious commentary on shorting the so-called “AI bubble,” and reflects on why trusting management projections and NAV estimates often ends in disappointment. With a new baby on the way, Andrew signs off with personal updates and an open invitation for listeners to reach out and discuss these topics further.
This podcast is sponsored by AlphaSense.
AlphaSense is a long time sponsor of this podcast, and they’re increasingly hosting interesting (and free) webinars with industry thought leaders. Their next webinar is November 18th on “PE Distributions: Is the Drought Finally Over?”, and you can sign up for it here.
Please follow the podcast on Spotify, iTunes, or most other podcast players, as well as on YouTube if you prefer video! And please be sure to rate / review the podcast if you enjoy it, or share it with someone else who would enjoy it (more listeners is a critical part of the flywheel that keeps this Substack and podcast going!).
Disclaimer: Nothing on this podcast or on this blog is investing or financial advice; please see our full disclaimer here. The transcript below is from a third party transcription service; it’s entirely possible there are some errors in the transcript.
Transcript for paid subs begins below