Episode 47 – John Mihaljevic – Manual of Ideas & MOI Global
August 13, 2020

Episode 47 – John Mihaljevic – Manual of Ideas & MOI Global

David Barr chats with John Mihaljevic, chairman of MOI Global and managing editor of The Manual of Ideas.

Subtitle: Unique perspectives from the hub of the global value investing community.

In this episode David Barr, President and Portfolio Manager, chats with John Mihaljevic, chairman of MOI Global and managing editor of The Manual of Ideas. They discuss value investing, the history of MOI global, technology businesses and small and micro-cap investing.

Key Takeaways

[02:14] The conversation kicks off with John discussing growth versus value investing, sum-of-the-parts companies and valuations and management incentives.
[08:38] David asks John what led him to start MOI global.
[10:25] John shares which characteristics are key in his personal investment strategy.
[13:29] John and David discuss the benefits of living (and investing) in different time zones from the money centres of New York and London.
[17:07] They discuss Joel Greenblatt’s book “The Little Book That Beats the Market”.
[19:09] John discusses today’s “tech giants” and the possibility to disrupt them over time.
[23:43] David asks John about jockey stocks and the key characteristics that he looks for when identifying the companies and their CEO’s.
[25:39] They discuss small-cap stocks and their approach to investing in this space.
[37:16] John shares that equity stubs are a “really tough part of the market to be successful in consistently”, while sharing how he approaches that space.
[41:24] David asks John about his new podcast, “This Week in Intelligent Investing”.
[42:18] David closes the podcast by asking John for a book recommendation that is relevant for today.