The Rob Vinall Podcast – Details, episodes & analysis

In his letter to co-investors for the first half of 2024, Rob discusses:

• A new KVG for the Business Owner Fund
• His mentor Norman Rentrop
• A new investment in International Petroleum
• 3(!) new investments in China
• The promise and failings of ESG investing

In mid-August 2024, Rob traveled to East Africa. He visited four cities (Nairobi, Mombasa, Kigali, and Kampala) in three countries (Kenya, Rwanda, and Uganda).

In the postcard, Rob discusses what he saw and what he learned.

The main topics discussed are the region's cities, economies, and stock markets, corruption, freedom, Chinese and Western money, foreign aid, entrepreneurship, M-Pesa, and demographics.

Rob Vinall interviews Wix COO Nir Zohar in front of a live audience at RV Capital's 2024 Annual Gathering in Engelberg on the 13th of January 2024

The topic of this memo is how hard it is to beat the market in the long term, why this is the case, and ten countermeasures an investor can take.

The podcast contains discussions of the following topics:

• A new investment in Interactive Brokers
• Increased investments in Meta Platforms and Ryman Healthcare
• Why the fund is concentrated in individual companies and what drives their weighting in the portfolio
• AI and Wix

Impressions from my first trip back to China after the pandemic.

Topics discussed include:

The increasing liveability of China's major cities; City planning in China; China's decoupling from the rest of the world; Battery Electric Vehicles; Competition; Politics and Macro; and my response to the question: Is China Investable?

The letter contains a discussion of the following topics:

• An update on my health situation;
• A discussion of health data and privacy;
• A (I hope premature) post mortem of our investment in Carvana;
• Lessons learned from the Investment in Carvana;
• A defence of doing things differently.

RV Capital's first half letter for 2022 contains discussions of:

• Organisational changes at RV Capital;
• How I have dealt with the drawdown;
• Surging inflation;
• Rising interest rates and their implication for investing in long-duration cash flows;
• The fund’s exposure to tech stocks;
• War in Ukraine; and
• Taiwan and its implication for investing in Chinese companies
• And the development of our largest investments

This is a live recording of a panel discussion for emerging managers at RV Capital's 2022 Annual Gathering in Engelberg, Switzerland on the 27th of March 2022. The members of the panel are Claudine Innes, who is responsible for manager selection at a single family office based in Bilbao; James Ferguson, Partner at Global Endowment Management, an investment company based in Charlotte; and Patrick Maurenbrecher, co-founder of Kontora, a multi family office based in Hamburg. The discussion contains lots of practical advice for emerging managers looking to start their own investment firm.

The chat is also available as a video at https://youtu.be/HiXXWhmbE-Q

https://www.globalendowment.com/our-team#james-ferguson

https://www.kontora.com/en/kontora/your-advisors/

This is a live recording of the fireside chat between Joel Cohen and Rob Vinall at RV Capital's 2022 Annual Gathering in Engelberg, Switzerland on the 27th of March 2022. Joel works at MITIMCo, the investment management company of Cambridge-based university MIT. Joel also started the website emergingmanagers.org. The interview contains lots of practical advice for investors looking to start their own investment management firm.

The chat is also available as a video at https://youtu.be/iZSQcLhgiwo

https://mitimco.org/emerging-managers/

https://emergingmanagers.org/