Asif Suria, Author of "The Event-Driven Edge in Investing: Six Special Situation Strategies to Outperform the Market", joins the podcast to discuss the six special situation strategies he outlines in his book to outperform the market. You can buy your copy of Asif's new book, "The Event-Driven Edge in Investing: Six Special Situation Strategies to Outperform the Market" here: https://www.amazon.com/Event-Driven-Edge-Investing-Strategies-Outperform-ebook/dp/B0CN3PF1SW?_encoding=UTF8&dib_tag=se&dib=eyJ2IjoiMSJ9.1zuikMLb5MN1aQVWodj1ww.Nui4P_rilsWES5p1FNmoTnd5v0myqxSeQautyazGgno&qid=1715709920&sr=8-1&linkCode=sl1&tag=andrew613880e-20&linkId=376c305fd243b22988ebba35edf5ecee&language=en_US&ref_=as_li_ss_tl Chapters: [0:00] Introduction + Episode sponsor: YCharts [1:42] Overview of Asif's book, "The Event-Driven Edge in Investing: Six Special Situation Strategies to Outperform the Market" [3:33] Merger Arbitrages + examples [16:44] Insider Buying + examples [29:23] Buybacks + examples [36:45] Spinoffs + examples [46:18] Management changes + examples [55:32] SPACs + final thoughts This episode is sponsored by our friends at YCharts This episode is sponsored by our friends at YCharts. Every four years, the uncertainty surrounding the next president and their policies sparks concern among investors. And with 2024 shaping up to be a rematch of the last two presidents, this uncertainty is at an all-time high. So what’s your plan to ensure your clients stay informed—and equally important, invested? Enter YCharts’ latest Election Guide—an essential resource designed to arm you with the insights needed to successfully guide clients through election season and tackle commonly asked questions head-on, speaking to themes about: Market performance across various presidencies, The viability of investments based on political affiliations, Market reactions to Trump’s election vs. Biden’s election. Grab your copy with the link in the show notes to unlock exclusive access to downloadable charts and visuals that will elevate your client communication and boost your clients’ confidence in you as their advisor. Promotional Link: https://go.ycharts.com/how-do-presidential-elections-impact-the-market-guide?utm_source=partner&utm_medium=link&utm_campaign=election_guide&utm_id=yet+another+value

Enrique Abeyta, Founder/CEO of HX Research, joins the podcast to share his thesis on Talen Energy Corporation (OTCQX: TLNE), an independent power producer ("IPP") and infrastructure company committed to the energy transition.

For more information about HX Research, please visit: https://daily.hxresearch.net/

Enrique's write-up on $TLNE: https://daily.hxresearch.net/p/an-actual-way-to-make-money-from-climate-change

Chapters:

[0:00] Introduction + Episode sponsor: Fundamental Edge

[2:29] What is Talon Energy and why are they interesting to Enrique + quick background of Enrique Abeyta / importance of power generation

[21:46] Quirks with $TLNE thesis (re: OTC, utilities, etc...

[27:25] Coming power crisis

[31:13] $TLNE valuation

[33:04] Evaluating and addressing risks: nuclear accidents, capital allocation

[39:28] AI

[47:18] Post-bankruptcy process

[51:27] Upcoming election (risk of new administration

[56:08] Demand response and final thoughts

Today's sponsor: Fundamental Edge

You’ve probably heard about the Analyst Academy from Fundamental Edge by now. So instead of repeating the basics, let’s talk a minute about what the Academy is and is not.

The Analyst Academy is a practical course on the tools and skillsets required to succeed in the buy-side analyst seat. The instructors have experience from firms such as Maverick Capital, DE Shaw, Citadel, Balyasny and ExodusPoint.

But what is the Academy NOT?

It’s NOT a course on stock-picking. It IS a rigorous guide to learning a process.

It’s NOT a guide to pod shop investing. The Academy attracts a wide range of equity investors, from multi-managers to long only to family offices. Rather than teaching a particular style, Fundamental Edge equips learners with the essential skills required to hit the ground running and support their PM.

It’s NOT a financial modeling course. Modeling is, of course, part of the curriculum and plays a central role. But the Academy is more than that. It teaches idea generation, thesis communication and how to add value as an analyst.

To learn more and access a 10% discount code, go to fundamentedge.com/YAVP

The team that won the Pershing Square Challenge, Garrett Wallis, Jared Duda and Joseph Montgomery Ferguson, joins the podcast to discuss their winning pitch on Valvoline Inc. (NYSE: VVV).

You can find their winning pitch deck here: https://1drv.ms/b/c/b9a8675d1ef0d212/EUgO7sJJKoBBsx151i7xfvkBuTziYI94y8VF02bdym1WmA?e=21DQAc Chapters:

[0:00] Introduction + Episode sponsor: Fundamental Edge

[1:49] Backgrounds on team that won the Pershing Square Challenge

[3:13] Valvoline Inc. $VVV pitch

[8:57] Store density / DIY customer share

[13:33] $VVV pitch cont'd

[28:26] AutoZone comparison / Franchise model

[35:35] Shift to EV, risks to $VVV?

[39:13] Consumer behavior / why franchisee wants to work with $VVV

[46:47] $VVV bear case / same store sales growth

[57:10] $VVV - variant view that generates alpha

Today's sponsor: Fundamental Edge

You’ve probably heard about the Analyst Academy from Fundamental Edge by now. So instead of repeating the basics, let’s talk a minute about what the Academy is and is not.

The Analyst Academy is a practical course on the tools and skillsets required to succeed in the buy-side analyst seat. The instructors have experience from firms such as Maverick Capital, DE Shaw, Citadel, Balyasny and ExodusPoint.

But what is the Academy NOT?

It’s NOT a course on stock-picking. It IS a rigorous guide to learning a process.

It’s NOT a guide to pod shop investing. The Academy attracts a wide range of equity investors, from multi-managers to long only to family offices. Rather than teaching a particular style, Fundamental Edge equips learners with the essential skills required to hit the ground running and support their PM.

It’s NOT a financial modeling course. Modeling is, of course, part of the curriculum and plays a central role. But the Academy is more than that. It teaches idea generation, thesis communication and how to add value as an analyst.

To learn more and access a 10% discount code, go to fundamentedge.com/YAVP