Best Consumer Staples Podcasts (2024)

1
Bill Chen on Public Equity Investing in Real Estate (Part 4) 55:11

29d ago55:11

55:11

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome back special guest Bill Chen, founder and managing partner of Rhizome Partners, to discuss public equity investing in real estate. Bill addresses premortem failure analysis, management quality, and related topics. This conversation is part four of a multi-part series. Enjoy the con…

1
Bill Chen on Public Equity Investing in Real Estate (Part 3) 1:04:24

2M ago1:04:24

1:04:24

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome back special guest Bill Chen, founder and managing partner of Rhizome Partners, to discuss public equity investing in real estate. Bill explains how investors should think about the capital structure of REITs. He highlights Vornado Realty Trust as an example. This conversation is p…

1
Bill Chen on Public Equity Investing in Real Estate (Part 2) 1:11:38

3M ago1:11:38

1:11:38

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome back special guest Bill Chen, founder and managing partner of Rhizome Partners, to discuss public equity investing in real estate. This conversation is part two of a multi-part series. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, …

1
Bill Chen on Public Equity Investing in Real Estate (Part 1) 1:07:32

3M ago1:07:32

1:07:32

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome special guest Bill Chen, founder and managing partner of Rhizome Partners, to discuss public equity investing in real estate. Bill lays out the investment case for REITs from a long-term investor's perspective. Bill had presented his thesis on large-cap multifamily REITs at Best Id…

1
Christopher Tsai on Investing in an Age of Disruption 1:49:43

5M ago1:49:43

1:49:43

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome special guest Christopher Tsai, President and Chief Investment Officer of Tsai Capital Corporation. The trio covers a range of topics, with particular focus on intelligent investing in an age of disruption. Christopher delivered a related talk at The Zurich Project 2023, hosted by …

1
TWIII Podcast News, Retrospective, and Outlook 19:26

7M ago19:26

19:26

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic share some podcast-related news of interest to our loyal listeners. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content …

1
Remembering Charlie Munger: Life and Legacy 44:56

9M ago44:56

44:56

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic reflect on the life and legacy of Charlie Munger. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construe…

1
Shrinking Timeframes and First-Order Thinking Since the Covid Crash 54:35

9M ago54:35

54:35

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the apparently ever-shrinking timeframes of market participants and the first-order thinking in place since the covid crash. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or…

1
The Bond Market from a Value Investor’s Perspective 43:27

10M ago43:27

43:27

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the bond market from a value investor's perspective. We examine the risk-reward of fixed income in the current market environment. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by ho…

1
Consumer Packaged Goods, GLP-1s, and Big Tech as the New Staples 59:37

10M ago59:37

59:37

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss pricing and volume in the consumer packaged goods (CPG) sector, the impact of GLP-1 agonists, and whether big tech should be seen as the new staples. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opini…

1
Valuation and Capital Allocation in Declining Industries 55:32

11M ago55:32

55:32

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss valuation and capital allocation in declining industries. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content sh…

1
Small Caps at Multi-Decade Valuation Low vs. Large Caps: Opportunity or Trap? 52:08

11M ago52:08

52:08

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the small-cap versus large-cap dichotomy, as reflected by US small caps recently hitting a 22-year low versus large caps (measured as the ratio of the Russell 2000 to the Russell 1000). We debate whether the time has come to seek outperformance in small caps versus la…

1
Commercial Real Estate and the Future of Offices: Opportunity for Contrarian Investors? 48:19

1y ago48:19

48:19

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss commercial real estate and the future of offices. They debate whether commercial real estate offers an opportunity for contrarian investors. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expre…

1
Takeaways and Lessons from the Berkshire Hathaway Annual Meeting 2023 52:39

1+ y ago52:39

52:39

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss takeaways and lessons from the Berkshire Hathaway Annual Meeting 2023. Phil kicks off the episode with a personal recap of his trip to Omaha. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expr…

1
The Lagging Performance of Small-Caps: An Opportunity for Investors? 57:55

1+ y ago57:55

57:55

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the small-cap opportunity following a period of underperformance of small-cap versus large-cap stocks. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own.…

1
Overconfidence, Under-Reaction, and Warren Buffett’s Investments 54:07

1+ y ago54:07

54:07

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the research paper, "Overconfidence, Under-Reaction, and Warren Buffett's Investments", by John S. Hughes, Jing Liu, and Mingshan Zhang. The paper is available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1635061 Enjoy the conversation! The primary purpose o…

1
Turmoil in the Global Banking System: Causes, Remedies, Opportunities 1:22:37

1+ y ago1:22:37

1:22:37

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the turmoil in the global banking system, delving into causes, remedies, and opportunities for intelligent investors. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests…

1
The End of TINA -- Does ”There Is No Alternative” to Equities Still Apply? 53:13

1+ y ago53:13

53:13

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the end of TINA ("there is no alternative" to equities) and how investors should think about protecting and growing wealth in a treacherous environment. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or op…

1
Thinking About Artificial Intelligence and Its Implications for Investors 48:02

1+ y ago48:02

48:02

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss artificial intelligence, its capabilities and shortcomings, related trends, and implications for investors. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their…

1
Bed Bath & Beyond and the Fleecing of the American Retail Investor 51:49

1+ y ago51:49

51:49

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the Bed Bath & Beyond saga and draw analogies to past case studies, including DryShips and Hertz. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neit…

1
The Opportunity in Beaten-Down, Money-Losing Growth Businesses 58:38

1+ y ago58:38

58:38

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss long-term investment opportunities among fast-growing but money-losing companies whose stock prices have declined precipitously over the past year. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinion…

1
Private Equity and the Game of ”Volatility Laundering” 49:20

1+ y ago49:20

49:20

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the private equity asset class and the dangerous game of "volatility laundering", a concept popularized by Cliff Asness. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or gue…

1
Year in Review: Why 2022 Was a Year to Remember and Possibly a Turning Point 54:48

1+ y ago54:48

54:48

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss some of the "highlights" of 2022, why it was a year to remember, and why it may have been a turning point for investors. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or gue…

1
How to Invest When You Like the Business But Not Necessarily the Management Team 48:22

1+ y ago48:22

48:22

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss a type of situation often encountered by investors -- when you like a company's business model and prospects but do not agree with management's strategy or capital allocation policies. Enjoy the conversation! The primary purpose of this podcast is to educate and infor…

1
Reflecting on the FTX Debacle and the Factors That Made It Possible 52:18

2y ago52:18

52:18

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the FTX debacle and the factors that made such an epic disaster not only possible but perhaps likely. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. …

1
The Capacity to Suffer, How It Applies in Practice, and the Case of Meta 40:32

2y ago40:32

40:32

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the Tom Russo-championed concept of "the capacity to suffer", how to apply it in practice, and to what extent it can be used to think about the recent woes at Meta Platforms. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The vie…

1
David Einhorn on Value Investing: Will It Ever Come Back? 47:18

2y ago47:18

47:18

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss David Einhorn's recent comments on value investing, which are available at https://youtu.be/ERa_d7PpbYU?t=31 Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are thei…

1
Reflections on Buffett’s Famous Essay, ”How Inflation Swindles the Equity Investor” 54:42

2y ago54:42

54:42

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss Warren Buffett's famous 1977 essay, "How Inflation Swindles the Equity Investor". The co-hosts examine equity investing in the context of an inflationary environment. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, info…

1
The Challenge and Risks of Managing Inventory in Light of COVID-Related Demand Swings 46:33

2y ago46:33

46:33

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the challenges some companies have experienced managing their inventory levels in light of COVID-related demand swings. In particular, the hosts reflect on a Wall Street Journal article about Scotts Miracle-Gro (NYSE: SMG). They also touch on the challenges faced by P…

1
The Cyclicality of Malthusianism, and Related Investment Implications 37:05

2y ago37:05

37:05

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the cyclicality of Malthusianism, and related investment implications. "Malthusianism is the idea that population growth is potentially exponential while the growth of the food supply or other resources is linear, which eventually reduces living standards to the point…

1
The Futility of Recession Forecasting as Part of an Investment Process 45:44

2y ago45:44

45:44

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the futility of recession forecasting as a way of informing investment and portfolio management decisions. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their …

1
SPECIAL: Vitaliy Katsenelson on the Stoic ”Operating System”, Painful Experiences in Investing 1:01:53

2y ago1:01:53

1:01:53

In this special episode we are joined by Vitaliy Katsenelon, CIO of Denver-based value investing firm IMA and author of Soul In the Game. In this wide-ranging conversation we discuss what inspired Vitaliy to write the book, the Stoic "operating system for life," painful experiences in investing, and how to think and debate like a scientist. Enjoy t…

1
The Evolution of Financial Distress | Investor Fatigue and Mental Exhaustion 47:09

2y ago47:09

47:09

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (1) how the likelihood of financial distress has evolved since the financial crisis of 2008, and (2) the mental exhaustion and fatigue many investors feel as a result of the experience of the past few years. Enjoy the conversation! The primary purpose of this podcast …

1
SPECIAL: Mike ”@nongaap” Puangmalai on the Role of Deep Corporate Governance Analysis in an Investment Process 1:18:47

2y ago1:18:47

1:18:47

In this special episode, Mike "@nongaap" Puangmalai, Resident Artist at WCM Investment Management, joins Phil and Elliot to share the origin story behind his insights into corporate governance, which led to the "Dark Arts" series and an investment process built around analyzing corporate governance. Mike shares some of the secrets he learned from r…

1
Michael Mauboussin’s ”Man Overboard Moment” and Sector Rotation 44:09

2y ago44:09

44:09

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the "man overboard moment" Michael Mauboussin wrote about in a 2015 white paper entitled, "Managing the Man Overboard Moment." We also talk about the concept of "sector rotation." Enjoy the conversation! The primary purpose of this podcast is to educate and inform. Th…

1
Post-COVID Growth Curves of Growth Companies 46:38

2+ y ago46:38

46:38

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss post-COVID growth curves of fast-growing businesses. For background, see the Q1 letter of RGA Investment Advisors at https://www.rgaia.com/wp-content/uploads/2022/05/Q122-Investment-Commentary-.pdf Enjoy the conversation! The primary purpose of this podcast is to educ…

1
SPECIAL: Mary Childs on Her Book, The Bond King: How One Man Made a Market, Built an Empire, and Lost It All 42:01

2+ y ago42:01

42:01

In this special episode, co-host Phil Ordway speaks with Mary Childs, author of The Bond King: How One Man Made a Market, Built an Empire, and Lost It All. About the Guest: Mary Childs is a co-host of NPR's Planet Money podcast. Before joining the team in 2019, she was a senior reporter at Barron's magazine, where she covered the alternatives indus…

1
Reflecting on the Buffett & Munger Show at the Berkshire Hathaway Annual Meeting 46:37

2+ y ago46:37

46:37

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss impressions and takeaways from the Q&A session with Warren Buffett and Charlie Munger at the Berkshire Hathaway Annual Meeting 2022. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by …

1
Twitter, Berkshire Hathaway, and Corporate Governance 53:30

2+ y ago53:30

53:30

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss timely issues in corporate governance, including the pending sale of Twitter to Elon Musk and proposals at the Berkshire Hathaway annual meeting. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions …

1
SPECIAL: PayPal’s Next Chapter (Recording of Twitter Space on April 21, 2022) 1:10:39

2+ y ago1:10:39

1:10:39

In this special episode, Mario Cibelli, Jason Moser, Mike Puangmalai, and Elliot Turner discuss PayPal's next chapter. Learn why the share price decline alters the trajectory of the company and is an opportunity to own growth cheaply. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or op…

1
Pricing vs. Valuation and Companies in Transition | When ”Safety” Is Not Cheap 51:22

2+ y ago51:22

51:22

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss pricing versus valuation, especially in the context of "transition" companies, such as Netflix. We also talk about the implications of so-called safe equities trading at high multiples. Enjoy the conversation! The primary purpose of this podcast is to educate and info…

1
A Discussion of Energy: Opportunities and Challenges Facing Investors 45:19

2+ y ago45:19

45:19

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the energy sector as a source of opportunities and challenges for intelligent investing. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this …

1
Investing in Housing and Homebuilders: A Discussion of Sector Dynamics 46:54

2+ y ago46:54

46:54

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss intelligent investing in housing and homebuilders. We focus on the sector dynamics, without giving specific investment recommendations. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed …

1
SPECIAL: Max Frumes on His Book, The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street 50:24

2+ y ago50:24

50:24

In this special episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic speak with Max Frumes, co-author of The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street. About the Guest: Max Frumes leads a news team at Fitch Solutions covering corporate debt and restructuring. He previ…

1
SPECIAL: Roger Lowenstein on Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War 39:31

2+ y ago39:31

39:31

In this special episode, TWIII co-host Phil Ordway welcomes Roger Lowenstein, author of the newly published book, Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War. About the Guest: Roger Lowenstein reported for The Wall Street Journal for more than a decade. His work has appeared in The Wall Street Journal, Bloomberg, The …

1
When Markets Trade on Headlines Rather Than Value | ”Safe” Assets Amidst the Chaos 54:29

2+ y ago54:29

54:29

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) times when markets trade on headlines rather than value; and (ii) "safe" assets amidst all the chaos in the world. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guest…

1
SPECIAL: Mario Cibelli on the New Reality for Public Small-/Mid-Cap Growth Companies 1:01:10

2+ y ago1:01:10

1:01:10

In this special episode, Mario Cibelli joins us to talk about the "rapidly forming new reality for public small/mid growth companies," the steps companies can take to adapt to this new normal, and how portfolio managers should think about diversification and turnover. About the Guest: Mario D. Cibelli is the General Partner of Marathon Partners L.P…

1
Why Executive Compensation Matters | Covid Winners and Losers, and How the Market Thinks 1:01:16

2+ y ago1:01:16

1:01:16

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) executive compensation, and why the details should matter to long-term investors; and (ii) Covid winners and losers: were the winners really the losers, and vice versa? Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views…

1
SPECIAL: Adam J. Schwartz on Designing a Business to Fit Your Investment Approach 56:37

2+ y ago56:37

56:37

In this special episode, co-hosts Phil Ordway and John Mihaljevic speak with Adam J. Schwartz, Chief Investment Officer of Black Bear Value Partners, about the challenge and opportunity of designing an investment business that is most congruent with the manager's investment philosophy. About the Guest: Adam J. Schwartz manages Black Bear Value Part…

1
The Mistake of Not Selling Soon Enough | Reading for Purpose and the Importance of Journalism 57:34

2+ y ago57:34

57:34

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) "overstaying one's welcome" as an investor, or how to think about selling vs. holding; and (ii) reading for purpose and the importance of journalism. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or o…

Podcasts Worth a Listen

Consumer Staples Podcasts

Podcasts Worth a Listen

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