Samra’s Rules for Value Investing

Published on
August 7th, 2020
Duration
61 minutes

Parrilla and Pal — A Macro Masterclass in Portfolio Construction and Management


Samra’s Rules for Value Investing

The Interview ·
Featuring David Samra

Published on: August 7th, 2020 • Duration: 61 minutes

David Samra, Portfolio Manager of Artisan Partners’ International Value Fund, speaks with Real Vision managing editor Ed Harrison about the subtle art of value investing. Samra, who defines value investing simply as buying something well below its intrinsic value, shares the four criteria he and his fund use when looking at stocks: undervaluation, quality, financial strength and management alignment. He and Ed also discuss how investors can avoid the pitfalls of so-called "value-traps" – i.e. when a stock is cheap because there’s a reason it's cheap. Lastly, Samra analyzes two companies that are in his fund’s portfolio: ABB and Compass Group PLC. Filmed on August 3, 2020.

Comments

Transcript

  • SS
    Stefano S.
    20 August 2020 @ 11:34
    The best interview I found since I subscribed. Invite him again. Best.
  • RM
    Robert M.
    14 August 2020 @ 01:48
    Excellent interview and I like the stock recommendations. See that he owns ING which has been on my watch list. Compass sounds interesting. SYS leaped back up in US. As a US investor, looks like it trades OTC.
  • AB
    Ash B. | Real Vision
    13 August 2020 @ 04:17
    This was a truly great piece. An absolute clinic on value investing.
  • CM
    Cory M.
    11 August 2020 @ 21:41
    I did a DCF on ABB, and it was overpriced with a debt load, so I’m not so sure here. Also would have enjoyed more calculations and true advice for the individual investor. Good topic though and valuable guest (if superficial).
  • AB
    AJ B.
    11 August 2020 @ 15:50
    Enjoyed the company specific ideas. Would like to see more of this on RV and even see whole videos on one company giving time to go into the micro details.
    • CM
      Cory M.
      11 August 2020 @ 20:13
      That's a cool idea, AJ.
  • WG
    Wade G.
    10 August 2020 @ 17:33
    Really enjoyed this guys, thanks to u both!
  • DT
    David T.
    9 August 2020 @ 15:02
    Let's see who is gonna be right on dollar. Interesting.
  • OW
    Owen W.
    7 August 2020 @ 21:51
    Painless and informative root canals only on Real Vision!
  • DP
    Duane P.
    7 August 2020 @ 15:30
    Nothing for RV Plus members this week?
    • EH
      Edward H. | Real Vision
      7 August 2020 @ 17:25
      Doing a Live with Peter Boockvar for 2PM EDT