A New Golden Age for Savvy Stockpickers w/ Bob Robotti (RWH046)

William Green chats with Bob Robotti, a great investor who’s crushed the S&P 500 over the last 40 years. Bob, the President & Chief Investment Officer of Robotti & Co, explains why he believes we’re in a “new golden age” for active, value-oriented investors (not index funds); why he expects persistently high inflation; why he’s betting heavily on the resurgence of Old Economy businesses; & how he’s positioned to profit from “the first truly global energy crisis.”

IN THIS EPISODE, YOU’LL LEARN
00:00:00 - Intro
00:08:48 - How Bob Robotti lucked into the ideal job for an aspiring investor.
00:30:46 - How working for Mario Gabelli was like a one-on-one MBA.
00:36:56 - Why Bob thinks we’re in a new golden age for savvy stockpickers.
00:43:30 - Why he’s betting heavily on a “metamorphosis of the Old Economy.”
00:44:08 - How globalization is evolving as China loses its edge.
00:48:46 - Why energy-intensive US companies have a long-term advantage.
00:56:30 - Why owning the “Magnificent Seven” looks like a risky bet.
00:57:21 - What an era of persistently high inflation means for investors.
01:02:47 - How value investing has changed.
01:18:30 - How Bob is positioned for “the first truly global energy crisis.”
01:38:15 - How his life has been enriched by helping young people.
01:44:18 - What he learned from his wife and father about facing adversity.

🤝 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig and the other community members: https://theinvestorspodcast.com/maste...

📈 Learn to invest like legend investors do — from the company that has interviewed them. Use YOUTUBE15 to get 15% off! https://theinvestorspodcast.podia.com...

💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/s...

▶️ RELATED EPISODES:
- What Works In Markets & Life w/ John Spears:    • What Works In Markets & Life w/ John ...  
- What I’ve Learned From Charlie Munger, Mohnish Pabrai, Tom Gayner, & John Spears:    • What I’ve Learned From Charlie Munger...  
- The Vigilant Investor’s Guide to Success in Stocks & Life w/ Chris Bloomstran:    • The Vigilant Investor’s Guide to Succ...  
- How to Win the Investment Game w/ Bryan Lawrence:    • How to Win the Investment Game w/ Bry...  

🎧 Listen to our episodes here: https://link.chtbl.com/TIP-RWH

🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/r...

💡 OTHER RESOURCES
- Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a 14-day free trial: https://www.sahg6dtr.com/59QC8Z/R74QP/

⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤

ABOUT OUR SHOW 🎙 
On Richer, Wiser, Happier, William Green interviews high-profile guests such as Howard Marks, Joel Greenblatt, and Ray Dalio. Exploring what they can teach us about how to succeed in markets and life.

🌍 Website: https://www.theinvestorspodcast.com/r...

📝 Help us understand our audience better so we can create a more intentional user experience by answering this survey! https://www.theinvestorspodcast.com/s...

⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤

📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/t...

📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/t...

⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.