TIP532: Insights From A Reclusive Investment Firm w/ Graeme Forster

<p>Trey chats with Dr. Graeme Forster. Together they discuss the success of legendary investors such as Jim Simons &amp; Orbis' founder Allan Gray, Graeme's shift from mathematics to value investing, and much more!</p><p>Graeme is the Managing Director of Orbis, which currently manages around $30B.&nbsp;</p><p><br></p><p><strong>IN THIS EPISODE YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>01:30 - Graeme’s journey from mathematics to value investing, &amp; exploring legendary investors like Jim Simons.</p><p>26:14 - How Orbis’ founder and billionaire Allan Gray’s investing flexibility led to his success.</p><p>36:35 - How Graeme balances the macro with a bottoms up approach.</p><p>52:11 - A thesis which Graeme calls the Great Misallocation.&nbsp;</p><p>58:40 - How good &amp; cheap companies outperform especially during bear markets.</p><p><br></p><p><em>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li><a href="https://www.amazon.com/Theory-Poker-Professional-Player-Teaches/dp/1880685000?gclid=Cj0KCQiA9YugBhCZARIsAACXxeIvPc6hVFe35GTk8mhWJPoTWJgzFeDrls4uf7N8trYw4_PVEzGVzdgaAlI1EALw_wcB&amp;hvadid=241657139954&amp;hvdev=c&amp;hvlocphy=9030984&amp;hvnetw=g&amp;hvqmt=e&amp;hvrand=15749548557300808951&amp;hvtargid=kwd-298016293384&amp;hydadcr=15995_10361855&amp;keywords=david+sklansky+the+theory+of+poker&amp;qid=1677971313&amp;sr=8-1&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=f567985dda7202a6d13d72560aedc465&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>The Theory of Poker </strong></a>by David Sklansky.</li><li><a href="https://www.amazon.com/s?k=fool+by+randomness&amp;gclid=Cj0KCQiA9YugBhCZARIsAACXxeIjyXJr0WbhDidKaMY4Bh3ydHrozUvSrWTdojRv_MufXntvy01uSIwaAvuMEALw_wcB&amp;hvadid=616931649343&amp;hvdev=c&amp;hvlocphy=9030984&amp;hvnetw=g&amp;hvqmt=e&amp;hvrand=13783257089120403716&amp;hvtargid=kwd-1309871672&amp;hydadcr=24657_13611735&amp;li