Today’s conversation is with Greg Powell, the Deputy Chief Investment Officer at Miller/Howard Investments. Greg joined Miller/Howard after a distinguished 19-year career as a portfolio manager and director of research at AllianceBernstein. Greg has a PhD in Economics from Northwestern University and today oversees Miller/Howard’s Income-Equity portfolios. Our conversation discusses everything from Greg’s history prior to Miller/Howard, the firm’s history as an investment management firm, and the characteristics that Miller/Howard views an important when selecting individual securities. Please ..read more

Today's conversation is with Bernard George and Patrick Aber, the co-founders of NVSTR. NVSTR is an online broker that provides institutional-level investment tools for use by individual investors. Bernard and Patrick met at Harvard and have worked at some of Wall Street's most sophisticated financial institutions. Our conversation covers their history prior to NVSTR, the platform's current capabilities, and how investors can best use it for their own investment success. Please enjoy this conversation with Bernard and Patrick of NVSTR.  ..read more

Today’s conversation is with Tobias Carlisle, a professional investor and the author of The Acquirer’s Multiple, Deep Value, Concentrated Investing, and Quantitative Value – which happens to be one of my favorite books on investing. Tobias is a Co-Founder and Managing Partner at Carbon Beach Asset Management, a value investing firm that manages portfolios for high net-worth individuals, endowments, and institutions. Our conversation is wide-ranging and discusses everything from special situations to portfolio construction and the Kelly criterion to an interesting concept called “The Broken Leg ..read more

Today’s conversation is with Dan Rasmussen and Nick Schmitz from Verdad Advisers. Verdad is an investment firm that seeks to capture private equity-like returns in the public markets by quantitatively capturing the most important drivers of private equity returns. Surprisingly, these aren’t the operational improvements that many private equity firms claim, but more fundamental factors like size, value, leverage, and the willingness to pay down debt. This conversation also includes a detailed discussion of Verdad’s favorite international market, and why capital allocation differences there make ..read more

Returning from episode 3 of the podcast is Charles Fournier, a retired financial services executive who left the workforce early thanks to a high-quality portfolio of dividend growth stocks. My last conversation with Charles on the podcast provided a high-level overview of his investment philosophy. Today's conversation is a bit different. We spend our time talking in detail about each of his ten largest portfolio holdings. Please enjoy this conversation with Charles Fournier.  For full show notes, visit our website here: http://sureinvesting.co/sip012-charles-fournier-on-what-the-fu ..read more

Today’s conversation is with Eddie Lorin, the Founder of Strategic Realty Holdings & Impact Housing REIT, and the co-founder of the HAPI Foundation. During his 30-year career, Eddie has been responsible for the acquisition of more than $3.7 billion in office, industrial, and apartment community assets nationwide. Since 2001, he has successfully purchased and transformed more than $3 billion worth of multifamily real estate amount to more than 180 thriving communities with approximately 40,000 apartment units nationwide.  In this conversation, we talk about the merits of socially respo ..read more

Today’s conversation is with Sean Iddings, the co-author of the book Intelligent Fanatics: How Great Leaders Build Sustainable Businesses. Sean’s research is focused on finding leaders (both in business and other domains) who have achieved remarkable success through unconventional methods. Sean (and his co-author Ian Cassel) have now published a second book called Intelligent Fanatics: Standing on the Shoulders of Giants. They write extensively about their research at www.IntelligentFanatics.com.  Outside of his work with the Intelligent Fanatics research team, Sean is also the founder of ..read more

Today’s conversation is with Jack Vogel, the CFO and CIO of Alpha Architect – a quantitative factor-based investing firm that invests client money using empirically-verified strategies like the value effect and the momentum effect.   Jack has a PhD from Drexel University and has an interesting mix of an academic’s knowledge and a practitioner’s experience. What really stands out about this conversation is his intellectual curiosity and his commitment to do the right thing for his customers – which means compounding capital at high rates on an after-tax basis over long periods of time. Our ..read more

Today’s conversation is with David Kim, a venture technology portfolio manager and Assistant Vice President at Square 1 Bank. David spends his time working with small private companies in the technology sector to assess their growth prospects and determine whether his firm should extend debt financing to them.   I’m really excited about this interview for three reasons: one, David is our first guest with experience investing in private businesses; two, David is also our first guest whose expertise is on the debt side of the balance sheet, and three, David is a thoroughly interesting perso ..read more

Today’s episode is an insightful conversation with Brad Thomas, the editor of the Forbes Real Estate Investor publication and a Senior Research Analyst for iREIT. Brad researches and writes on a variety of real estate-based fixed-income alternatives including publicly-listed real estate investment trusts. Brad is the co-author of The Intelligent REIT Investor: How To Build Wealth With Real Estate Investment Trusts. His investment universe includes approximately 100 U.S. equity REITs, mutual funds, and REIT ETFs. In this interview, we discuss Brad’s due diligence process for REIT investing, the ..read more