Erick Mokaya stops by The Business Brew to chat with Bill about what they have learned as investors. Erick has an inspiring story of dedication, drive, and learning. He describes himself as a Kenyan living in Sweden, who has a passion for financial markets. He is a regular contributor on Seeking Alpha and also the Lead Author the Transcript, a weekly capital markets newsletter that summarizes earnings calls. He invests in US and Nordic equities and, on a small scale, in small businesses in Kenya.
He was fun to speak with and we hope you enjoy the discussion. You can find Erick's blog at https://themokaya.com/ and follow him on twitter at @ekmokaya.
This episode is brought to you by Bastiat Partners, a boutique investment banking firm. See https://bastiatpartners.com/. Detailed show notes below.
Please leave us a rating in your favorite podcast player.
Album art photo taken by Mike Ando. Please see https://www.mikeando.com
Thank you to @mathewpassy (on Twitter) for the show production.
Please leave us a rating in your favorite podcast player!
Detailed Show Notes
2:53 - Erick’s background
4:59 - Seeing people struggle
8:45 - Being self driven
12:25 - Having people’s support
15:02 - Erik’s intro to investing
18:26 - Value investing
25:20 - The value of growth (Apple)
29:26 - Cash flows & management
33:10 - Networking via Twitter
38:36 - Learning from Patrick O'Shaughnessy & Chris Bloomstran
41:13 - Adding value to a community
44:35 - Erick’s newsletter
48:28- Restoration Hardware
58:47 - Holding through volatility
1:02:08 - Managing emotion
1:03:49 - Learning every day
1:08:15 - Twitter’s potential
1:14:19 - African Markets
1:17:01 - Activism
1:21:02 - Takeaways from Michael Mauboussin
Om Podcasten
Welcome to The Business Brew
This podcast’s mission is to dig deep into the thought patterns and analysis of investors and business people. The podcast stemmed from Bill Brewster consistently feeling like he was listening to prepackaged material while listening to podcasts. Instead, he wanted long form, in depth, discussions about finance, capital allocation, and the psychology of investing/business.
Bill is a private investor. He cohosts the podcast Value: After Hours with Tobias Carlisle and Jake Taylor. Tobias, Jake and Bill met at a Berkshire Hathaway meeting and formed a lasting friendship. And, as it turns out, people really like the podcast.
While Bill tries to replicate Warren Buffett and Charlie Munger’s thought processes, he is heavily influenced by Bill Miller III, Stan Druckenmiller, and others. This podcast is his attempt to dig deeper into other investing/business philosophies and share the knowledge with the world.
We are interested in interviewing portfolio managers, Wall Street sell side analysts, buy side analysts, private investors, owner operators, and anyone that is willing to go in depth about running a company/division. So, if you are interested in participating please email us with the subject “Guest Appearance.”
Disclaimer: Bill manages a portfolio under the name of Sullimar Capital Group. This podcast is for informational and educational purposes only. Nothing in this podcast or on SullimarCapital.Group is investment advice. All information in this is opinion based, potentially biased, and requires verification.
Bill and his guests make no representation, warranty or undertaking, express or implied, as to the accuracy, reliability, completeness or reasonableness of the information contained in these podcasts. Any assumptions, opinions and estimates expressed constitute the participant’s judgment as of the date thereof and are subject to change without notice. Any projections contained in the information are based on a number of assumptions as to market conditions and there can be no guarantee that any projected outcomes will be achieved. This podcast does not accept any liability for any direct, consequential or other loss arising from reliance on the contents of this presentation.
This podcast series DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICIATION OF AN OFFER TO BUY ANY SECURITIES MENTIONED OR DISCUSSED. Seek the your financial, tax, legal, accounting, or other advisor’s advice before making any investment decisions. We are not your fiduciary or advisor.