Bryan Lawrence is the founder of Oakcliff Capital. His fund has outperformed the S&P500 since its inception on June 1, 2004. By December 31, 2021, Oakcliff Capital has returned 718% after fees, compared to the S&P500's 392% returns.
Timestamps:
00:00 Intro
01:50 Why are markets irrational
04:08 How to become like Warren Buffett, but faster?
07:25 People react poorly to volatility
12:41 Shelby Davis (from 200k $ to 800mil $ in 47 years)
13:57 Oakcliff's portfolio
14:38 Charter Communications (CHTR)
15:04 Carvana (CVNA)
16:02 Basic Fit (BFIT)
20:30 Mr. Market is crazy, but he provides oportunities
23:25 Q/A
24:04 Fund performance fees
25:10 In order to invest in a company we need at least a 25% IRR. Portfolio turnover
28:10 Is it possible to find opportunities still?
29:46 Interest rates and inflation
Referral link to sign up to Interactive Brokers (you will receive 1%, in IBKR stock, for all deposits made in the first year - up to 1k$ for 100k$ deposited - Terms & conditions apply):
[ Ссылка ]
Interactive Brokers is the best discount broker for investing in international stocks. They offer the possibility to invest in most countries and the have very low commissions.
This recording is from the Grant's Conference (Oct 19, 2021)
