Author Topic: Tom Russo interview on Wealthtrack  (Read 2309 times)

longinvestor

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Tom Russo interview on Wealthtrack
« on: May 28, 2015, 07:41:43 AM »
https://www.youtube.com/watch?v=2WvUjJimaIk

Great thoughts on retaining earnings, family controlled bizs' capacity to suffer and underreporting, activism etc.



Liberty

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Re: Tom Russo interview on Wealthtrack
« Reply #1 on: May 28, 2015, 08:03:30 AM »
Thanks, good one.
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen

Liberty

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Re: Tom Russo interview on Wealthtrack
« Reply #2 on: March 09, 2018, 08:52:47 AM »
Tom Russo speaking at Google on Feb 26, 2018:

https://www.youtube.com/watch?v=IzEvI1HOwN8

(sorry if already posted elsewhere)
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen

Liberty

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Re: Tom Russo interview on Wealthtrack
« Reply #3 on: February 18, 2019, 09:53:07 AM »
Not sure if this one has been posted before, but I'm just getting to it now, and I thought others might find it interesting too:

https://moiglobal.com/latticework-2018-tom-russo/

It's a podcast of a presentation by Russo from last september.

Also an interesting blog post about Russo and his framework:

http://www.scuttlebuttinvestor.com/blog/2018/6/11/a-capacity-to-suffer-and-managing-expectations
« Last Edit: February 18, 2019, 11:53:52 AM by Liberty »
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen

longinvestor

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Re: Tom Russo interview on Wealthtrack
« Reply #4 on: June 22, 2019, 06:47:59 AM »
https://www.youtube.com/watch?v=-FACDlqC2ZU#action=share

One more from Tom Russo. He's exactly correct in saying that any edge Berkshire will have in the future is based on the near total absence of agency costs versus the index components (Stock options, incentives rampant).

The other very interesting tidbit from Russo is his mention "50% of ads don't work, the difficult question is determining which 50% is it?". A very large piece of the index outperformance over the past decade has been riding on ads. Especially the digital variety. Has the market properly priced this 50% wasteful ad spending? Me thinks not. The correct answer to this question will come over the next decade, probably earlier than later. We will see.



« Last Edit: June 22, 2019, 06:52:08 AM by longinvestor »