In this episode of the Investor Insight Skull Session, Maj Soueidan sits down with Lee Roach, the writer behind the Substack The Value Road, for a wide-ranging conversation on value investing, portfolio discipline, and finding opportunity in overlooked corners of the market.

Lee shares how his path into investing began with a background in history and evolved through early market lessons, personal losses, and a growing interest in deep value opportunities. He discusses how writing has shaped his thinking, why transparency matters to him, and how he approaches portfolio construction with a concentrated, high-conviction mindset.

The conversation explores several areas of Lee’s investment process, including how he sources ideas, sizes positions, and evaluates misunderstood or neglected assets. Lee walks through examples ...