Episode notes
Investors today seem to be enamored with growth in the US tech sector, regardless of valuations. By contrast, Soo Chuen and his team practice the increasingly rare art of contrarian value investing on a global scale.
Soo Chuen Tan is President of Discerene Group LP, a Connecticut-based private investment partnership that invests in businesses protected by either structural barriers to entry (“moats”) or hard assets, when such businesses are out of favor, at prices offering significant margins of safety.
In this episode, Soo Chuen discusses the psychological and philosophical under pinnings of value investing, including (1) being greedy when others are fearful and fearful when others are greedy, (2) viewing risk as the probability and potential magnitude of permanent capital impairment rather than volatility, (3) distinguishing price ...
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