Episode 12: Vitaliy Katsenelson, CEO of Investment Management Associates

Vitaliy Katsenelson is a famous value investor and a CEO & Chief Investment Officer of Investment Management Associates. Vitaliy has written several books on investing, including Active Value Investing and The Little Book of Sideways Markets. We spoke about value investing, Vitaliy's investment process, his view on diversification, his biggest mistakes, his bucket list, and many other things.  Time stamp 00:40 Who am I 02:14 What's Value Investing? 05:50 Is Warren Buffett a value investor or a GARP investor? 07:20 Diversified stock portfolio vs concentrated stock portfolio 09:50 When do you sell stocks 11:32 Case study: Twilio  15:15 Vitaliy's stock picking process 17:14 Learning from biggest losers: Electronic Arts  22:14 The investment management Industry gets dumber and smarter at the same time 25:20 Time management between investing, writing, and having a family 28:07 Investment advice to non-investors: unusual budget 33:47 USSR influence on a future investor 37:38 From analyst to CEO 38:30 Blitz 41:51 Advice to youth Visit:www.TheAccentPodcast.com Music: Bensound.com