Today’s guest is Bob Robotti, founder and CIO of Robotti and Company Advisors, which he’s been running the firm since 1983.
In today’s episode, Bob explains why volatile markets driven by passive flows keep handing opportunities to stock pickers. He makes the case for offshore oil services and homebuilders, shows why zombie companies can be dollars trading for 20 cents, and argues 2% inflation is a pipe dream.
To close, Bob shares the biggest loss of his career, selling a winner too early.
(0:00) Starts
(1:23) Bob Robotti's investment framework and value traps
(3:01) Evolution of investment strategies and market consistency
(5:22) Sector opportunities in energy and homebuilding
(14:13) Managing cyclical and long-term investments
(17:05) Housing policies, build-to-rent, and affordability
(20:19) Homebuilding outlook, Airbnb, and commercial real estate
(22:32) Small cap opportunities
(27:40) Distressed investing and zombie companies
(37:35) Inflation and interest rates
(45:47) Building a lasting investment firm and Bob's most memorable investment
-----
Follow Meb on X, LinkedIn and YouTube
For detailed show notes, click here
To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com
-----
Follow The Idea Farm: X | LinkedIn | Instagram | TikTok
-----
Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com
-----
Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.
-----
Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!
-----
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Learn more about your ad choices. Visit megaphone.fm/adchoices
