Michael McCloskey: If Investing Was Like Painting... Lessons from A Path to Mastery

(I’ll be posting two episodes per week for a little bit to catch up with all the summer recordings. Enjoy!) My guest today is Michael McCloskey, who founded and manages Greenskeeper, a value investing firm. Michael and I met at Guy Spier’s VALUEx Conference. We snowshoed together in the Swiss Alps at some point and shared many conversations both in Switzerland and at Buffett’s Berkshire Meeting in Omaha. Today, we talk about thoughtful, disciplined stockpicking, and the passion for a particular kind of investing, and lessons from running an investment firm. Michael graduated with a dual J.D./M.B.A. degree after completing his undergraduate degree in Mathematics. He is an Ironman finisher, an avid golfer and cyclist, and a voracious reader. He and his wife have two daughters and live in the suburbs of Toronto. Takeways: Childhood experiences and upbringing can shape an individual's curiosity and interests in the world of investing. Being different and embracing one's unique perspective is important in standing out as an investor. A background in law can provide valuable skills and knowledge that can be applied to investing, such as understanding contracts, property rights, and securities law. Investing is a continuous learning process, and investors evolve and improve over time. Mistakes are opportunities for learning and growth, and it is important to be honest with oneself about them. Learning from mistakes and being self-aware are crucial in investing. Investing alongside clients creates alignment of incentives. Long-term thinking and low portfolio turnover can lead to success. The ValueX community provides support and knowledge-sharing. Success is maximizing opportunities, being content, and having the freedom to choose. Website: www.greenskeeper.ca Sign up for our free quarterly newsletter - The Scorecard: https://www.greenskeeper.ca/scorecard-newsletter/ Social Media: LinkedIn: https://www.linkedin.com/company/greenskeeper-am/ Twitter/X: @GreensKeeperAM YouTube: http://www.youtube.com/@greenskeeperassetmanagemen6259 Podcast Program – Disclosure Statement Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and unless otherwise stated, are not guaranteed.  Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation.  Past performance is not indicative of future performance.