MI280: Deep Value Investing in 2023 w/ Tobias Carlisle

<p>Robert Leonard chats with Tobias Carlisle about the global economy, market assessment, value investing opportunities, mean reversion trades, quality assessment in deep value strategies, using screeners, and more!</p><p><br></p><p>Tobias Carlisle is the founder of The Acquirer’s Multiple®. He is also the founder of Acquirers Funds® which manages ZIG, the Acquirers Fund, and DEEP, the Roundhill Acquirers Deep Value Fund.</p><p><br></p><p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>01:33 - His current assessment of the global economy and markets.&nbsp;</p><p>08:59 - Why he thinks the current market conditions create a favorable set up for value investors going forward?</p><p>20:32 - How long a mean reversion trade typically takes and how this differs from a time horizon of a quality investor.&nbsp;</p><p>24:39 - How to use his screeners and find companies that are cheap on an acquirer’s multiple basis?</p><p>44:39 - How an assessment of quality plays a role in a deep value strategy.&nbsp;</p><p><br></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>Tobias Carlisle’s book <a href="https://www.amazon.com/Acquirers-Multiple-Billionaire-Contrarians-Market-ebook/dp/B076GS7WF9?keywords=the+acquirers+multiple+by+tobias+carlisle&amp;qid=1687889516&amp;sprefix=the+acquirers+%2Caps%2C158&amp;sr=8-1&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=b59295e0d2f12aca7a36717ecbe6d38b&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>The Acquirer’s Multiple</strong></a><strong>.</strong></li><li>Tobias Carlisle’s book <a href="https://www.amazon.com/Deep-Value-Investors-Contrarians-Corporations/dp/1118747968?crid=M29MS2V0MDQ9&amp;keywords=deep+value+by+tobias+carlisle&amp;qid=1687889568&amp;sprefix=dee+by+tobias+carlisle%2Caps%2C279&amp;sr=8-1&amp;ufe=app_do%3Aamzn1.fos.006c50ae-5d4c-4777-9bc0-4513d670b6bc&amp;linkCode=