The Intelligent Investing Podcast – Details, episodes & analysis

Welcome to another episode of the Intelligent Investing Podcast with your host, Eric Schleien. In this insightful episode, we have the pleasure of speaking with Ben Kogut from Rooster Equity. Ben is a seasoned commercial real estate investor who has raised over $110 million through syndications and has a wealth of knowledge to share about triple net lease investing.

Key Takeaways:

• Ben Kogut's Journey: From starting in commercial real estate in 2005 to becoming a partner in a mid-sized syndication firm and eventually founding Rooster Equity.
• Triple Net Lease Investing: Understanding the benefits and intricacies of triple net lease properties.
• Using AI in Real Estate: How AI and data play a crucial role in evaluating investment opportunities.
• Raising Capital: Strategies for building investor relationships and successfully raising capital for real estate projects.
• Market Analysis: Ben's insights on the current real estate market and future trends.

About Ben Kogut:

Ben Kogut has been involved in commercial real estate since 2005 and has specialized in acquiring retail, medical, and industrial properties. His expertise in syndication has led him to raise over $110 million, and he recently founded Rooster Equity, a company focused on raising private equity capital for commercial real estate assets.

Listen to the Full Episode:

In this episode, Ben shares his journey, strategies, and valuable insights into the world of commercial real estate investing. Whether you're a seasoned investor or just starting, this episode is packed with practical tips and expert advice.

Watch the Full Episode on YouTube here

Connect with Ben Kogut:

• Website: Rooster Equity
• LinkedIn: Ben Kogut on LinkedIn

Connect with Eric Schleien:

• Website: Eric Schleien
• LinkedIn: Eric Schleien on LinkedIn
• Twitter: @EricSchleien
• Intelligent Investing Podcast: Podcast Link

Subscribe & Review:

If you enjoyed this episode, please subscribe to the Intelligent Investing Podcast on Apple Podcasts, Spotify, or your favorite podcast platform. Don't forget to leave a review!

 

For more episodes and expert insights, visit the Intelligent Investing Podcast. Connect with Eric Schleien on social media and stay updated with the latest episodes and investment tips.

In today's episode, I sit down with my buddy Robbie Kramer to discuss the ultimate value investment, relationships. Last week, I had the pleasure discussing investing on his show. You can listen to the episode, here. If you prefer to watch it on YouTube, you can watch the episode, here.

The most important relationship you'll ever invest in is probably who you end up marrying. Choosing quality romantic partners is Robbie Kramer's specialty. It was an absolute joy to sit down with him and chat all things relationships, romance, and dating.

 

• Watch this episode on YouTube

 

Transcript

For a transcript of today's episode, click here. 

Show Notes

[00:01:18] Marrying the right person

[00:02:35] People who are successful in their careers yet stunted in their relationships

[00:10:05] Common Mistakes Men Make

[00:13:07] Instagram and Online Dating

[00:14:53] Three Prompts for Dating Profiles

[00:19:56] Socially Awkward Men

[00:22:29] “...Some of these guys are worth a hundred million dollars, running big funds, very wealthy. Social, but either they're still single or they have a wife who they're pretty much like in an emotionally abusive relationship, like they're just not happy. If they're very honest with themselves, they're not happy with their romantic life, and that stuns me how you could be actually fairly socially incompetent.”

[00:23:35] Unhappy Relationships

[00:24:51] Social Freedom Exercises

[00:27:41] The Wealthy Executive Who Hides Behind Masks

[00:33:14] Optimizing your life

Links From The Episode

• Profile Prompts
• Photo Feeler

Get In Touch With Robbie Kramer

• Instagram
• Inner Confidence
• The Leverage Podcast

 

My Other Podcast

Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance.

HELP OUT THE PODCAST

If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      

You can subscribe to the podcast on the following platforms:

• Apple Podcasts
• Stitcher
• TuneIn
• Spotify
• Podbean
• iHeart Radio
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GET IN TOUCH WITH ERIC SCHLEIEN

Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram

Email: [email protected]

Hi, it's Eric Schleien, and welcome back to another episode of The Intelligent Investing Podcast! In this episode, I had the pleasure of sitting down with the wonderful Jason Rivera who runs Value Investing Journey. I've always liked government contractors due to the sticky nature of their business, high margins, and lots of recurring revenue. I also love them when they are tiny and undiscovered and filling some interesting niche or segment of their market. A company that seems to possibly fit that bill is WidePoint Corporation (WYY).

What Is WidePoint Corporation?

WidePoint Corporation (WYY) is the leading provider of Trusted Mobility Management (TM2) solutions. TM2 converges at the intersection of WidePoint’s pioneering Telecom Lifecycle Management (TLM), Telecom Bill Presentment & Analytics, Mobile and Identity (IdM) Management solutions.

Market demand for secure mobile management such as WidePoint TM2 solutions is increasing due to security risks and vulnerabilities that could result from allowing mobile devices and cloud-based applications access to an organization’s technology infrastructure. In today’s connected world with high-profile data breaches, it is important for an enterprise to have a TM2 solution in place to protect valuable mobile assets and infrastructure while complying with changes in privacy and data protection laws and regulations. WidePoint TM2 solutions provide security, manageability, and visibility of an enterprise’s mobile assets and services through a single platform supported by our secure TM2 framework.

WidePoint is the leading provider of customized telecom and mobile management solutions to the U.S. public sector. WidePoint has a diverse portfolio of government and commercial clients, serving global and international enterprises and the Fortune 100 across a multitude of industries.

More About Eric Schleien

To learn more about me, Eric Schleien, check out my personal website and business website. You can also reach out to me on Twitter, Instagram, and LinkedIn.

If you'd like to read my book, you can find it on Amazon. Reviews are appreciated!

Get In Touch With Jason Rivera

To learn more about Jason Rivera, check out his website: Value Investing Journey

 

Eric Schleien hosts the September Roundtable for Finance Podcast Week. Join Eric Schleien, host of the Intelligent Investing Podcast, with Andrew Sather and Jason Rivera for a jam packed hour long finance roundtable. 

Eric Schleien Discusses Real Estate Stocks

In this episode, Eric Schleien sits down with Andrew Sather and Jason Rivera to discuss two real estate stocks.

1. Laaco Ltd (LAACZ), which owns the Los Angeles Athletic Club and has a Self-Storage Business.
2. Cedar Realty Trust (CDR), which owns grocery anchored retail outlets across the United States.

Eric Schleien believes that both of these are cheap real estate stocks that would be some of the best picks for 2021. Both of these stocks are special situations as it is likely that both of these will be selling core assets for a higher price than the current market value. In Cedar’s case, they may sell the entire company. With Laaco, they may sell their self-storage business at what would almost certainly be a higher price than the current market price if they were to get a fair valuation on the assets.

 

Eric Schleien Discusses Modern Value Investing

One of the things that Eric points out during the roundtable is that modern GAAP accounting isn’t always appropriate for companies such as Amazon (AMZN) or Trupanion (TRUP) to show true value of the business. For example, Amazon’s R&D expense he believes is an asset even though it gets run through the income statement as an expense. 

To learn more about Eric Schleien, check out his personal website and business website. You can also reach out to him on Twitter, Instagram, and LinkedIn.

If you'd like to read his book, you can find it on Amazon.

 

Jason Rivera Discusses Altria Stock

During the episode Jason Rivera discusses Altria (MO) as a potential value investment due to the stability of the business mixed with a high dividend yield. Jason believes that Altria is a better inflation hedge than buying TIPS.

To learn more about Jason Rivera, check out his website: Value Investing Journey

 

Andrew Sather Discusses Defense Contractors

Andrew believes that defense contractors offer good value in this market. As a value investor, he is always looking for sectors and companies that are being mispriced by the market for various reasons.

To learn more about Andrew Sather, check out his website: Investing For Beginners

Principles Of Power

My book Principles Of Power: The Art & Wisdom of Badassery is now available on Amazon. I would be extremely grateful if you could pick up a copy and write an honest review. Would mean the world!

New Podcast

Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. To learn more about Eric's work, check out his ontological coaching firm, Transformational Leadership Associates.

Summary

In this episode of The Intelligent Investing Podcast, Eric Schleien sits down with Evan Bleker of Net-Net Hunter to discuss a tiny little company, McCoy Global Inc. (MCB.TO) with a current market cap of $21 million.

Show Notes

[00:48] Tiny little company traded on Canadian Venture Exchange

[2:14] A study on net-nets that buying at a huge discount to net current asset value doesn't enhance performance that much

[4:21] The company is cash flow positive

[5:26] Modeling out different scenarios (classic Dhandho!)

[6:09] Could be a $2/stock if drilling takes off

About Evan Bleker

Evan Bleker is a professional investor who has built his track record by buying high quality net net stocks. When not researching stocks, he focuses his time on helping small investors learn the strategy so they can earn great returns.

Evan manages two investing websites: Net Net Hunter and Broken Leg Investing.

• Net Net Hunter
• Complete guide to net net stocks
• Broken Leg Investing
• Deep Value Guide

Help Out The Podcast

If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      

You can subscribe to the podcast on the following platforms:

• Apple Podcasts
• Stitcher
• TuneIn
• Spotify
• Podbean
• iHeart Radio
• YouTube

Contact Eric Schleien

Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram

Email: [email protected]

I had a blast chatting with Evan Bleker who runs Net-Net Hunter. We discussed an interesting little company that many of you may be familiar with called ADDvantage Technologies Group, Inc. (AEY).

Show Notes

[00:35] Overview of ADDvantage

[1:23] The 5G Rollout

[2:05] How 5G Cell Towers Work

[4:13] The Impact of COVID on ADDvantage

[5:15] What it will take for the company to breakeven

[6:18] The Delta COVID strain & Telecom Companies

[7:52] The company may go bankrupt

[9:53] Large upside in stock if they don't go to 0

[11:41] Brief discussion on American Tower (AMT)

 

 

New Podcast

Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. To learn more about Eric's work, check out his ontological coaching firm, Transformational Leadership Associates.

Summary

In this episode of The Intelligent Investing Podcast, Eric Schleien sits down with Braxton Gann to discuss another shipping company, Dorian LPG (LPG). Braxton believes the business is cheap due to the business trading at a steep discount to its Net Asset Value.

Show Notes

[2:10] Shipping has been in a bull market

[2:37] Track record of management

[4:45] Eric Schleien pushing back on Braxton on concerns about shipping stocks

[8:08] How to make money with shipping stocks

[10:26] Recap on Scorpio Tankers

Help Out The Podcast

If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      

You can subscribe to the podcast on the following platforms:

• Apple Podcasts
• Stitcher
• TuneIn
• Spotify
• Podbean
• iHeart Radio
• YouTube

Contact Eric Schleien

Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram

Email: [email protected]

 

New Podcast

Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance. To learn more about Eric's work, check out his ontological coaching firm, Transformational Leadership Associates.

Summary

In this episode of The Intelligent Investing Podcast, Eric Schleien sits down with Braxton Gann to discuss Stealth Gas (GASS). Braxton believes the business is cheap due to the business trading at a steep discount to its Net Asset Value.

Show Notes

[1:19] About the company [2:19] "Shipping has been one of the worst industries over the past decade..."

[3:13] Value of the second hand market for ships

[3:54] Resource Recommendation: Value Investors Edge

[5:02] Investment Risks

[6:58] Salaries in the shipping industry

Help Out The Podcast

If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      

You can subscribe to the podcast on the following platforms:

• Apple Podcasts
• Stitcher
• TuneIn
• Spotify
• Podbean
• iHeart Radio
• YouTube

 

Contact Eric Schleien

Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram

Email: [email protected]

 

New Podcast

Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance.

Podbean

This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out!

TIKR.COM

This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent

NET NET HUNTER

This episode is sponsored by Net Net Hunter. If you’re interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It’s a service I love and I am proud to be able to offer this service to my listeners. If this is something you’re interested in, please click here.

Summary

On today's episode, I sit down with Jason Rivera who is self-taught value investor that focuses on small and obscure public companies to buy for his investors and subscribers.

He teaches others how to become great value investors via three of his services: The Value Investing Training Vault, The Value Investing Masterclass, Our Value Investing Coaching Program

He also have various other mini courses, masterminds, and other online and live events related to value investing and capital allocation as well.

On his Value Investing Journey blog, YouTube, and social media pages he also releases a ton of free content to help people learn how to become a world class value investor.

He also consults, advises, and values and evaluates businesses for business owners with his company Alpha Capital Allocation.

Jason find areas to improve these businesses operations, profitability, cash flow and value, and then shows them how to do it.

He is the author of the acclaimed value investing education book How To Value Invest.

He is also the author of On Float.

Jason has run his blog Value Investing Journey for nearly a decade and the site has been named a top 50 value investing blog in the world four times now.

And his two value investing and education sites have been Named Top 15 Value Investing Podcasts In The World.

He also manage investment portfolios for clients.

Between the blog, his YouTube Channel, Quora, Twitter, LinkedIn, and various other sources he's had more than 500,000 views of his content worldwide.

In the first 8 years of his investment career he produced investment returns for the portfolios I manage of 21.7% per year on average. This compared to about 9.9% for the market on average every year during this same period.

Jason has written for several publications and investment newsletters including Seeking Alpha, The Palm Beach Letter, Wyatt Research, Insider Monkey, Guru Focus, and others.

He's a member of the Rutgers University CX Advisory Board and also a member of the John Maxwell Team as a Coach, Teacher, and Trainer.

  Show Notes

[3:33] Stock Market Valuations

[9:33] Tech industry profits are skyrocketing...

[12:45] Bonds are horrible investments right now...

[16:49] What stock to own in an inflationary environment...

[18:00] Commercial and single family real estate

[18:19] JM Smucker $SJM

[21:50] Apple $AAPL

[22:29] General Mills $GIS

[23:44] The future of Intel $INTC

 

HELP OUT THE PODCAST

If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      

You can subscribe to the podcast on the following platforms:

• Apple Podcasts
• Stitcher
• TuneIn
• Spotify
• Podbean
• iHeart Radio
• YouTube

 

GET IN TOUCH WITH ERIC SCHLEIEN

Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram

Email: [email protected]

New Podcast

Hey All! I’ve started a second show completely devoted to the field of Ontology which is another huge passion of mine. Please check out The Eric Scheien Podcast which is an ontological podcast where I break down distinctions of human consciousness as an access to enhancing performance.

Podbean

This podcast is sponsored by Podbean.  Podbean is probably the easiest way to create your own podcast. We use Podbean to host the Intelligent Investing Podcast and my new podcast, The Eric Schleien Podcast.  Download the free Podbean Podcast App, to start, record, and publish your very own podcast in minutes.  Podbean provides everything you need to run your podcast and you can record and publish episodes directly from the app on your phone. Check it out!

TIKR.COM

This episode is brought to you by TIKR.com. This is a product I personally use for researching stocks at my firm. TIKR.com is focused on bringing institutional-quality investment research tools to individual investors. TIKR.com is powered by S&P Global CapitalIQ and has coverage of 50k+ stocks globally with financials, estimates, valuation metrics, ownership, transcripts, news, filings, and more. Join TIKR.com‘s free beta today with tikr.com/intelligent

NET NET HUNTER

This episode is sponsored by Net Net Hunter. If you’re interested in finding high-quality stocks trading at fractions of liquidation value – this research service is for you. I personally use this service at my firm to help me research tiny and obscure net-net stocks all around the world. Using Net Net Hunter comes out to way less money than hiring an analyst to do the exact same thing manually. It’s a service I love and I am proud to be able to offer this service to my listeners. If this is something you’re interested in, please click here.

Summary

On today's episode, I sit down with Andrew Sather who is a self-taught investor since 2012. He specializes in identifying value traps and avoiding stock market bankruptcies. You can also listen to his podcast - Investing For Beginners.

Show Notes

[2:29] Infrastructure Bill

[3:34] Not a typical minding company - economic moat

[4:32] Long-term industry tailwinds

[5:27] 125 year quarry rights

[7:56] Valuing the business

[9:47] Discussing $MLM's competitor Vulcan Materials $VMC

 

Resources

• Seeking Alpha Articles by Andrew Sather
• E-Investing for Beginners

 

HELP OUT THE PODCAST

If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!      

You can subscribe to the podcast on the following platforms:

• Apple Podcasts
• Stitcher
• TuneIn
• Spotify
• Podbean
• iHeart Radio
• YouTube

  GET IN TOUCH WITH ERIC SCHLEIEN

Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram

Email: [email protected]