Artem Fokin (Caro-Kann Capital) on Burford Capital

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تمت الإضافة منذ قبل five أعوام

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TechSurge: Deep Tech VC Podcast

1
Understanding the Elegant Math Behind Modern Machine Learning 1:14:43

منذ 13 يومًا1:14:43

التشغيل لاحقا

قوائم

إعجاب

احب

1:14:43

Artificial intelligence is evolving at an unprecedented pace—what does that mean for the future of technology, venture capital, business, and even our understanding of ourselves? Award-winning journalist and writer Anil Ananthaswamy joins us for our latest episode to discuss his latest book Why Machines Learn: The Elegant Math Behind Modern AI . Anil helps us explore the journey and many breakthroughs that have propelled machine learning from simple perceptrons to the sophisticated algorithms shaping today’s AI revolution, powering GPT and other models. The discussion aims to demystify some of the underlying mathematical concepts that power modern machine learning, to help everyone grasp this technology impacting our lives–even if your last math class was in high school. Anil walks us through the power of scaling laws, the shift from training to inference optimization, and the debate among AI’s pioneers about the road to AGI—should we be concerned, or are we still missing key pieces of the puzzle? The conversation also delves into AI’s philosophical implications—could understanding how machines learn help us better understand ourselves? And what challenges remain before AI systems can truly operate with agency? If you enjoy this episode, please subscribe and leave us a review on your favorite podcast platform. Sign up for our newsletter at techsurgepodcast.com for exclusive insights and updates on upcoming TechSurge Live Summits. Links: Read Why Machines Learn, Anil’s latest book on the math behind AI https://www.amazon.com/Why-Machines-Learn-Elegant-Behind/dp/0593185749 Learn more about Anil Ananthaswamy’s work and writing https://anilananthaswamy.com/ Watch Anil Ananthaswamy’s TED Talk on AI and intelligence https://www.ted.com/speakers/anil_ananthaswamy Discover the MIT Knight Science Journalism Fellowship that shaped Anil’s AI research https://ksj.mit.edu/ Understand the Perceptron, the foundation of neural networks https://en.wikipedia.org/wiki/Perceptron Read about the Perceptron Convergence Theorem and its significance https://www.nature.com/articles/323533a0…

منذ 5 أعوام 47:45

M4A•منزل الحلقة

Artem Fokin of Caro-Kann Capital responds publicly to the Muddy Waters case against Burford Capital, as one of the most vocal bulls on the name. He unpacks all salient claims - from accounting irregularities to ethical concerns which have resulted in a 50% price drop since early August.

36 حلقات

#Trading #Business #Avery Pagan

SumZero Headlines

Artem Fokin (Caro-Kann Capital) on Burford Capital

SumZero Headlines

published منذ 5 أعوام

M4A•منزل الحلقة

36 حلقات

#Trading #Business #Avery Pagan

كل الحلقات

SumZero Headlines

1
Javier Lopez Bernardo of BrightGate Capital Discusses Why NBN is A Credit Fund Disguised as A Bank 35:23

منذ 16 weeks35:23

35:23

In this episode, we welcome Javier Lopez Bernardo from BrightGate Capital to discuss Northeast Bank (NBN), a regional bank in Maine. Javier delves into his background, the philosophy and strategies of BrightGate Capital, and shares insights into why NBN:US caught their attention. They discuss the unique business model of NBN, which operates like a credit fund while having a banking license, the bank's strong management team, impressive track record, and robust financials. Additionally, they explore the bank's approach to deposits, the impact of regulatory changes, and potential future catalysts for NBN's stock performance. Tune in for an in-depth analysis of what makes Northeast Bank a compelling investment opportunity. 00:00 Introduction and Guest Welcome 00:32 Javier's Background and Firm Overview 02:15 Discovering Northeast Bank (NBN) 06:26 NBN's Unique Business Model 13:12 Valuation and Investment Thesis 17:52 Management Team and Historical Performance 19:31 Navigating the Banking Crisis 25:00 Future Prospects and Catalysts 35:04 Conclusion and Final Thoughts Investment Disclaimer: The information provided herein is for informational purposes only and should not be construed as investment advice, an endorsement, or a solicitation to buy or sell any securities or financial instruments. Investing in securities involves risks, including the potential loss of principal. Past performance is not indicative of future results. Any opinions, analyses, forecasts, projections, or other statements regarding future prospects of companies, sectors, or the market as a whole constitute the subjective views of the authors or contributors as of the date of preparation and are subject to change without notice. The accuracy, completeness, or reliability of the information cannot be guaranteed. Investors should conduct their own research and consult with a qualified investment professional before making any investment decisions. All investment decisions are the responsibility of the individual investor and should be made based on the investor's own objectives, risk tolerance, and financial circumstances. No representation or warranty, express or implied, is made regarding the accuracy or completeness of the information contained herein, and no liability shall be accepted for any direct, indirect, or consequential losses or damages arising from the use of this information or reliance on any statements contained herein. Investing in securities involves significant risks, including the potential loss of principal. Investors should carefully consider their investment objectives, risk tolerance, and time horizon before investing. Diversification does not ensure a profit or protect against loss in a declining market.…

SumZero Headlines

1
WLFC:US | SumZero Q2 Research Contest Winner Eric Gregg Breaks Down WLFC Investment Opportunity 36:53

منذ 27 weeks36:53

36:53

In this conversation, we have a chance to sit down with Eric Gregg, a standout contributor and top-performing analyst on the platform. Eric has shared almost 40 ideas with the SumZero community over the course of his time with us. Those ideas are outperforming their respective benchmarks by nearly 17%, on average. To review all of Eric's work, www.sumzero.com/apply Eric won SumZero's Q2 Investment Competition, as voted on by our community of buyside investors, with his thesis on WLFC. In this convo, Eric shares his insights on Willis Lease Finance Corporation (WLFC), a jet engine leasing company. He discusses his background, the origins of his investment firm, and why he is bullish on WLFC despite its unique market. Gregg also compares WLFC with its competitors, highlights the financials, and outlines the potential risks and opportunities in the industry. Tune in to learn more about Eric's investing strategies and the hidden potential in niche markets. 00:00 Introduction and Guest Welcome 00:30 Eric Gregg's Background and Firm Overview 02:53 Discussion on Willis Lease Finance 04:44 Jet Engine Leasing Industry Insights 07:36 Financial Metrics and Market Position 25:34 Management and Ownership Structure 31:32 Risks and Catalysts 35:58 Conclusion and Final Thoughts Investment Disclaimer: The information provided herein is for informational purposes only and should not be construed as investment advice, an endorsement, or a solicitation to buy or sell any securities or financial instruments. Investing in securities involves risks, including the potential loss of principal. Past performance is not indicative of future results. Any opinions, analyses, forecasts, projections, or other statements regarding future prospects of companies, sectors, or the market as a whole constitute the subjective views of the authors or contributors as of the date of preparation and are subject to change without notice. The accuracy, completeness, or reliability of the information cannot be guaranteed. Investors should conduct their own research and consult with a qualified investment professional before making any investment decisions. All investment decisions are the responsibility of the individual investor and should be made based on the investor's own objectives, risk tolerance, and financial circumstances. No representation or warranty, express or implied, is made regarding the accuracy or completeness of the information contained herein, and no liability shall be accepted for any direct, indirect, or consequential losses or damages arising from the use of this information or reliance on any statements contained herein. Investing in securities involves significant risks, including the potential loss of principal. Investors should carefully consider their investment objectives, risk tolerance, and time horizon before investing. Diversification does not ensure a profit or protect against loss in a declining market.…

SumZero Headlines

1
Going Global with Small-Cap Value Investing: A Discussion with Chris Waller of Plural Investing 28:40

منذ 1 year28:40

28:40

In this discussion, Chris Waller, founder and CIO of Plural Investing, a graduate of Oxford and the value investing program at Columbia Business School, provides insights into his approach to value investing in #smallcap stocks. Specifically, he discusses his fund strategy, which focuses on finding 7-8 significant investment ideas over a 3 to 5-year timeframe. He dives deep into his investments in Currency Exchange International (CXI) and Kyndryl, discussing their backgrounds, potential risks, and future prospects. He also touches on the importance of thorough research, industry checks, and growth potential for these small-cap companies. 00:00 Introduction and Guest Background 00:25 Chris Waller's Investment Strategy and Fund Overview 03:51 Deep Dive into CXI Stock 14:05 Discussion on Market Cap and Position Sizing 15:29 Exploration of Kyndryl Stock 22:02 Understanding the Risks and Catalysts 28:03 Wrap-up and Final Thoughts Investment Disclaimer: The information provided herein is for informational purposes only and should not be construed as investment advice, an endorsement, or a solicitation to buy or sell any securities or financial instruments. Investing in securities involves risks, including the potential loss of principal. Past performance is not indicative of future results. Any opinions, analyses, forecasts, projections, or other statements regarding future prospects of companies, sectors, or the market as a whole constitute the subjective views of the authors or contributors as of the date of preparation and are subject to change without notice. The accuracy, completeness, or reliability of the information cannot be guaranteed. Investors should conduct their own research and consult with a qualified investment professional before making any investment decisions. All investment decisions are the responsibility of the individual investor and should be made based on the investor's own objectives, risk tolerance, and financial circumstances. No representation or warranty, express or implied, is made regarding the accuracy or completeness of the information contained herein, and no liability shall be accepted for any direct, indirect, or consequential losses or damages arising from the use of this information or reliance on any statements contained herein. Investing in securities involves significant risks, including the potential loss of principal. Investors should carefully consider their investment objectives, risk tolerance, and time horizon before investing. Diversification does not ensure a profit or protect against loss in a declining market.…

SumZero Headlines

1
Stoic Point Capital Management discusses their approach and highlights EVLV and JBI 57:08

منذ 1 year57:08

57:08

SumZero had the opportunity to sit down with Raj Shah and Cullen Rose, co-founders of Stoic Point Capital Management. Stoic Point manages two concentrated strategies: Stoic Onshore/Offshore is a long/short fund focused on #small- and #midcap North American securities. Stoic Point Alpha Capital is a long-biased fund focused on unique asymmetric opportunities. The founders invest in accordance with three core Investment Principles, focusing on change and disconnections between business quality and misunderstanding. The firm leverages proprietary idea generation tools, a defined processes, and risk management practices that carry over from the founders' prior experience working together. This discussion breaks down how Raj and Cullen came together to form Stoic Point and how they've approached the market since – specifically, continuing to find opportunities in #SPAC's and DeSPAC's even after an 80% drawdown in the broader space. They leave us with two examples, $EVLV and $JBI, both of which have performed well for them, despite being left for dead by many investors. 1:12 - Intro to Raj and Cullen 3:02 - The launch of Stoic Point 4:54 - Acceleration into #smallcap and #midcap stocks 5:49 - Stoic Point investment principles 6:25 - Getting involved in DeSPAC's and broken #ipo's 7:47 - Stoic Point strategies 9:13 - Where do DeSPAC's fit into the strategy and where do we see that market going 13:27 - Taking advantage of warrant arb 18:52 - Why we continue to look at the DeSPAC space and warrants 21:53 - How Stoic Point has navigated through recent shift in rates 24:52 - Broader DeSPAC market 26:18 - Re-underwriting and taking advantage of misunderstood opportunities 27:05 - $EVLV as a case study 37:44 - Focusing on high quality, growing businesses 38:52 - $JBI as a case study 41:41 - Where Stoic Point sees future opportunity 43:08 - Opportunities on the #short side, including #ai 44:38 - Where Stoic Point sees potential trouble with #saas businesses For more in-depth research and analysis, join us on SumZero today. https://sumzero.com/apply #valueinvesting #smallcap #midcapstocks…

SumZero Headlines

1
Ted Rosenthal of TMR Capital chats HROW, ZENV, and opportunities across small cap and special sits 26:56

منذ 1 year26:56

26:56

In this invigorating discussion, SumZero founder and CEO Divya Narendra had the opportunity to chat with Ted Rosenthal, the founder of TMR Capital. A prolific contributor to SumZero, Ted started TMR right out of college 4 years ago, and shares his insights on current opportunities in the market, and how he has positioned his fund to seize upon them. He elaborates on his interest in currently unprofitable but fast-growing consumer and tech companies, which have had huge drawdowns but possess viable economics for growth. More specific investment discussions include TMR's analysis and investment in Zenvia Inc., which he believes is currently undervalued and discusses the company's history, business model and the reasons behind its dramatic market cap drop. Ted also shares his perspectives on Harrow and the potential growth it can provide as a leading eye care pharmaceutical company. An illuminating conversation for those looking for off the radar investment opportunities. For more in-depth research and analysis, join us on SumZero today. https://sumzero.com/apply #valueinvesting #smallcap #midcapstocks #specialsituations00:00 Introduction and Guest Background 00:26 Ted's Investment Strategy and Market Opportunities 02:22 Deep Dive into Zenvia Inc. 05:43 Zenvia's Financials and Market Position 13:39 Zenvia's Risks and Potential Catalysts 16:02 Introduction to Harrow 16:24 Harrow's Business Model and Growth Potential 22:10 Harrow's Risks and Potential Catalysts 26:37 Closing Remarks…

SumZero Headlines

1
Interview with Iteris CEO Joe Bergera: Exploring the Future of Mobility Infrastructure Management 51:30

منذ 1 year51:30

51:30

In this extensive interview, Joe Bergera, CEO of Iteris, a leader in the Smart Mobility Infrastructure Management industry, discusses various aspects of the company. Topics covered include the financial prospects of the company, the valuation metrics, their 2027 fiscal plans, and the future of the Smart Mobility Infrastructure Management Market. He also talks about the Iteris’ seven distinct categories in the market, the company's robust portfolio, and the innovative Clear Mobility platform and its implications for connected and automated vehicles. Additionally, Bergera sheds light on the company's evolving relationship with public and private entities and the benefits of federal infrastructure funding. The session concludes with a detailed discussion on their 'Vision 2027' targets and an overview of Iteris's future plans. 00:06 Introduction and Company Overview 00:59 Understanding ITI:US and Its Market 01:48 Exploring ITI:US Technology Solutions 04:15 Market Structure and Industry Trends 09:16 ITI:US Clear Mobility Platform 13:00 Revenue Breakdown and Gross Margins 20:45 Overcoming Supply Chain Challenges 25:29 Understanding ITI:US Customer Base 32:51 Growth in Deal Sizes and Bookings 37:49 Vision 2027: ITI:US Future Plans 44:14 Final Thoughts and Conclusion Investment Disclaimer: The information provided herein is for informational purposes only and should not be construed as investment advice, an endorsement, or a solicitation to buy or sell any securities or financial instruments. Investing in securities involves risks, including the potential loss of principal. Past performance is not indicative of future results. Any opinions, analyses, forecasts, projections, or other statements regarding future prospects of companies, sectors, or the market as a whole constitute the subjective views of the authors or contributors as of the date of preparation and are subject to change without notice. The accuracy, completeness, or reliability of the information cannot be guaranteed. Investors should conduct their own research and consult with a qualified investment professional before making any investment decisions. All investment decisions are the responsibility of the individual investor and should be made based on the investor's own objectives, risk tolerance, and financial circumstances. No representation or warranty, express or implied, is made regarding the accuracy or completeness of the information contained herein, and no liability shall be accepted for any direct, indirect, or consequential losses or damages arising from the use of this information or reliance on any statements contained herein. Investing in securities involves significant risks, including the potential loss of principal. Investors should carefully consider their investment objectives, risk tolerance, and time horizon before investing. Diversification does not ensure a profit or protect against loss in a declining market.…

SumZero Headlines

1
Sandstorm Gold Ltd (SAND:US) in conversation with White Falcon Capital Management 50:46

منذ 2 years50:46

50:46

In this week's episode, SumZero sits down with the CEO of Sandstorm Gold Royalties, Nolan Watson, and the Founder and Portfolio Manager of White Falcon Capital Management to talk about the Gold Royalties business, the investment case for SAND, and much more. Find more at www.sumzero.com 0:00 Introduction and Disclaimer 7:45 Stream vs. Royalty business models 14:34 How does Sandstorm construct its portfolio and evaluate projects? 19:22 Sandstorm's Deal history 34:00 How the price of Gold factors into Sandstorm 43:48 Sandstorm's discount to peers #smallcap #investment #midcapstocks #finance #stocks #stockmarket #gold #business #personalfinance…

SumZero Headlines

1
Kingdom Capital Co-Founders join SumZero CEO to discuss their investments in PLCE and AMRK 34:18

منذ 2 years34:18

34:18

SumZero had the opportunity to sit down with David Bastian and Michael Cooper, co-founders of Kingdom Capital Advisors. KCA's#investment strategy is designed to provide investors access to their actively-managed portfolio of #smallcap and #microcap #equities. KCA concentrates its portfolio in a limited number of high-conviction value investments. For more in-depth research and analysis, join us on SumZero today. https://sumzero.com/apply#valueinvesting #smallcap #microcap #midcapstocks…

SumZero Headlines

1
Christopher Godfrey of Headwaters Capital chats TMDX, NSIT and the case for Small Caps 38:56

منذ 2 years38:56

38:56

SumZero had the opportunity to sit down with Christopher Godfrey, founder and managing partner of Headwaters Capital Management. HCM's #investment strategy is designed to deliver tax-efficient, long-term capital appreciation by focusing on high quality small and mid-capitalization #stocks that have the opportunity to generate durable revenue and earnings growth over a multi-year time period. For more in-depth research and analysis, join us on SumZero today. https://sumzero.com/apply#valueinvesting #smallcap #midcapstocks…

SumZero Headlines

1
DPH Capital Founder Daniel Piderit Hernandez breaks down his thesis on META, FSLR, and Latin America 47:56

منذ 2 years47:56

47:56

SumZero had the opportunity to sit down with Daniel Piderit Hernandez, founder and managing partner of DPH Capital. Daniel and DPH employ a heavily #contrarian , #fundamental approach to global equity investing. We spoke through his long thesis on META and future opportunities for monetization within the Family of Apps, as well as FSLR, a short idea where Daniel says the "setup is ripe for FSLR to disappoint excessive expectations" given the stock's tripling in value in the last nine months. Finally, Daniel spoke at length about macro-driven opportunities in Latin America that have been generally ignored by the investment community. For more in-depth research and analysis, join us on SumZero today. https://sumzero.com/apply #valueinvesting #latinamerica…

SumZero Headlines

1
Portfolio Manager Jan Martínek of Central European Capital Partners discusses ERII, Vicore, and Biovica 29:47

منذ 2 years29:47

29:47

00:46: Jan looks back on his ERII thesis 2:38: ERII revenue growth 5:07: Intro to Biovica 7:47: Biomarker test for cancer detection – it's importance and accuracy 9:51: Biovica Sales strategy 11:49: Biovica background and basics 13:05: Biovica potential 15:17: Discussion around any plans for fundraising 18:02: Vicore Pharma – background and opportunity 21:05: Best market comp / peer 22:15: Catalyst for Vicore 24:08: Jan on position sizing in his book 24:58: Risks to Biovica and Vicore opportunities…

SumZero Headlines

1
Portfolio Mgr of DoorDarshi India Fund, Rajeev Agrawal chats CSB Bank & Ujjivan Financial Services 47:03

منذ 2 years47:03

47:03

In this discussion, SumZero has the opportunity to sit down with Rajeev Agrawal, Fund Manager and Managing Partner of DoorDarshi India Fund. Rajeev chats through the broader opportunity in India and then breaks down his thoughts on two opportunities – Ujjivan Financial and CSB Bank. Timestamps: 5:54: India Macro 7:30: Finding good management 8:33: Rajeev's advantage of investing in India, living in the US 9:14: CSB Bank background 11:43: Rajeev's anecdote re: Fairfax Financial meeting 12:15: Rajeev digs into the CSB thesis 16:20: Discussion around % of people with bank accounts in India 19:24: CSB Bank competitive landscape 21:35: CSB valuation 23:39: Affect of interest rates changes in India on CSB 27:52: Catalysts for CSB 31:09: Intro to Ujjivan thesis 32:52: Reverse merger with Ujjivan 36:13: Background on Ujjivan 38:27: Ujjivan loan book 42:22: Ujjivan and CSB Bank vs. larger cap names…

SumZero Headlines

1
Ben Axler, CIO of Spruce Point outlines his short thesis on Perion Network (PERI:US) 30:15

منذ 2 years30:15

30:15

In this interview, long-time short seller Ben Axler of Spruce Point outlines his thesis on $PERI.

SumZero Headlines

1
Adam Wilk, CIO of Greystone Capital Management discusses his thesis on Sylogist (SYZ:US) 38:33

منذ 2 years38:33

38:33

Adam Wilk, CIO and Founder of Greystone Capital Management breaks down his investment thesis on one of his newest positions, Sylogist.

SumZero Headlines

1
Chris McIntyre, CIO and Founder of McIntyre Partnerships discusses his thesis on $OSW and $SPHR 52:52

منذ 2 years52:52

52:52

Chris McIntyre, CIO and Founder of McIntyre Partnerships – a small and mid cap focused value fund – walks through his theses on OneSpaWorld ($OSW) and Sphere Entertainment ($SPHR) and why he sees very asymmetric risk reward profiles on both investments.

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