Jacob Rubin, Portfolio Manager at Philosophy Capital, joins the podcast for the third time to share two theses: the first - Caesars Entertainment (NASDAQ: CZR), the second - Gannett Co., Inc. (NYSE: GCI).

For more information about Philosophy Capital, please visit: [ Ссылка ]

Chapters:

[0:00] Introduction + Episode sponsor: Santangel's Review
[4:20] Overview of Caesars and why its so interesting to Jacob + why focus on $CZR and not all the other gaming-type companies
[12:28] In gaming, how much does scale matter
[16:26] Fear of the consumer vs. results of the cashflow
[23:06] $CZR what happened in Q1 2024 / catalysts on the upside / capital allocation
[34:30] Digital (online gaming) ramp
[39:20] Sum of the parts / $CZR valuation
[45:07] Carl Icahn investment in $CZR
[49:01] Overview of Gannett $GCI and why it's so interesting to Jacob
[54:44] Two legs to the thesis: AI and lawsuit against Google / undervalued - what's more of the play for Jacob with $GCI?
[1:02:05] $GCI valuation / Apollo involvement

Today's episode is sponsored by: Santangel's Review

Finding the right hedge fund cap intro event isn't just about the size; it’s about the value it brings to your time. This month's sponsor, Santangel's Review, offers something unique for fund managers and allocators.

Founded in 2010, Santangel’s hosts three Cap Intro Roundtables each year - two in New York City and one at Fenway Park in Boston. These events stand out for their focus on quality over quantity, attracting some of the most prestigious endowments, foundations, and family offices worldwide.

The secret sauce: Santangel’s spotlights undiscovered talent. Managers you don't necessarily see at other industry conferences.

Attendees take part in eight one-on-one meetings, intermixed with ample networking opportunities. In an industry built on relationships, Santangel's fosters some of the most valuable connections.

Just go to Santangels.com— S-A-N-T-A-N-G-E-L-S dot com to learn more and request an invitation.

If you’re a manager or allocator who is serious about maximizing your time, you'll want to be a part of the Santangel's Roundtable. Click here: [ Ссылка ]

свернуть