Acquirer's Multiple - Tobias Carlisle

Hello Listeners, Today is very special episode. I have Tobias Carlisle talk about all aspects of investing and his recent book the Acquirer's Multiple. 1:17 Tell what led you down the investment path and what interested you the most? 3:35 What do you enjoy most about what you do? 5:37 What is your investment philosophy and investment strategy? 9:13 What would you say is the underlying principles of your strategy? 11:09 How did you develop it and come about it? 17:11 What are value traps? 18:45 How does the acquirer’s multiple differ from the PE and other multiples? 21:31 What is the margin of safety and how should it be applied? 22:39 What is mean reversion? 27:18 Can you go over the 9 rules of deep value? 30:53 What are your views on portfolio diversification and concentration? 36:27 How do you define and manage risk? 37:34 What are your favorite books? 39:16 What are your favorite finance articles? 40:00 What are your favorite hobbies? 40:37 Where can people find more information on you? 42:10 Thoughts on bitcoin and crypto? There is also a giveaway: https://giveaway.amazon.com/p/4a9bba47573fecd4 Thank you for the listen and enjoy!