Best John Mihaljevic And Elliot Turner Podcasts (2025)

1
Eric Markowitz on How the World's Oldest and Most Resilient Businesses Stay Alive 59:25

2M ago59:25

59:25

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome Eric Markowitz, partner and director of research at Nightview Capital. Eric discusses a broad range of topics, including his path in journalism and investing as well as his current research into how the world's oldest and most resilient businesses stay alive. Enjoy the conversation…

1
Alex Morris on His New Book, "Buffett and Munger Unscripted", and Disney $DIS 1:18:58

2M ago1:18:58

1:18:58

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome Alex Morris, founder of the TSOH Investment Research Service, a long-term focused equity research service. Alex discusses key takeaways from his new book, Buffett and Munger Unscripted: Three Decades of Investment and Business Insights from the Berkshire Hathaway Shareholder Meetin…

1
Tom Morgan on Curiosity, the Brain, Energy, Love, Investing, and More 1:17:07

3M ago1:17:07

1:17:07

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome Tom Morgan, founder of The Leading Edge, a network for personal evolution. Tom helps us understand the brain and how we think; where curiosity comes from and how it manifests; why love-organized systems are superior; and how these insights can make us better investors (though that'…

1
Jon aka Borlaug: A Deep Dive on Life Sciences and Bioprocessing 1:21:14

3M ago1:21:14

1:21:14

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome Jon aka Borlaug for a deep dive on the life science space, covering the bioprocessors, CRO/CDMOs, and the diagnostics companies. Jon helps demystify this fascinating industry for generalists and offers sharp insights for specialists alike. We go in depth on why life science compani…

1
Doug O'Laughlin on the Semiconductor Industry Dynamics and Outlook 1:32:34

4M ago1:32:34

1:32:34

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome Doug O'Laughlin, President of SemiAnalysis and founder of Fabricated Knowledge. Doug shares his wisdom on the state of the semiconductor industry, on topics like the key questions on how the industry is leading AI forward, the big winners of the AI race, an intriguing investment op…

1
Google's Antitrust Risks - Daniel Prather Lays Out Crossroads Capital's Thesis 57:24

5M ago57:24

57:24

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome back special guest Daniel Prather, Director of Research at Crossroads Capital, to discuss Google's ongoing antitrust issues. For related research, see Crossroads Capital's Trust Busting Update and Google Breakup Risk Research. For additional insights, visit https://www.crossroadsca…

1
SPECIAL: Simon Kold Discusses His Book, On the Hunt for Great Companies 46:28

6M ago46:28

46:28

In this special episode, John Mihaljevic welcomes Simon Kold, founder of Copenhagen-based Kold Investments and author of the newly released book, On the Hunt for Great Companies: An Investor’s Guide to Evaluating Business Quality and Durability. For more, visit https://www.simonkold.com Enjoy the conversation! The primary purpose of this podcast is…

1
Daniel Prather Unveils His Favorite Bargains in the UK Stock Market 1:15:39

7M ago1:15:39

1:15:39

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome special guest Daniel Prather, Director of Research at Crossroads Capital, to discuss investment opportunities in the UK stock market. Daniel shares the investment theses behind three of his favorite ideas. For additional insights, visit https://www.crossroadscap.io/insights Enjoy t…

1
Phil Ordway Returns to Discuss the Equity Market Environment and Outlook 1:00:22

7M ago1:00:22

1:00:22

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome former co-host Phil Ordway to discuss the current environment for equity investing and where returns might come from going forward. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests…

1
Bill Chen on Public Equity Investing in Real Estate (Part 4) 55:11

10M ago55:11

55:11

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome back special guest Bill Chen, founder and managing partner of Rhizome Partners, to discuss public equity investing in real estate. Bill addresses premortem failure analysis, management quality, and related topics. This conversation is part four of a multi-part series. Enjoy the con…

1
Bill Chen on Public Equity Investing in Real Estate (Part 3) 1:04:24

11M ago1:04:24

1:04:24

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome back special guest Bill Chen, founder and managing partner of Rhizome Partners, to discuss public equity investing in real estate. Bill explains how investors should think about the capital structure of REITs. He highlights Vornado Realty Trust as an example. This conversation is p…

1
Bill Chen on Public Equity Investing in Real Estate (Part 2) 1:11:38

11M ago1:11:38

1:11:38

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome back special guest Bill Chen, founder and managing partner of Rhizome Partners, to discuss public equity investing in real estate. This conversation is part two of a multi-part series. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, …

1
Bill Chen on Public Equity Investing in Real Estate (Part 1) 1:07:32

12M ago1:07:32

1:07:32

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome special guest Bill Chen, founder and managing partner of Rhizome Partners, to discuss public equity investing in real estate. Bill lays out the investment case for REITs from a long-term investor's perspective. Bill had presented his thesis on large-cap multifamily REITs at Best Id…

1
Christopher Tsai on Investing in an Age of Disruption 1:49:43

1y ago1:49:43

1:49:43

In this episode, co-hosts Elliot Turner and John Mihaljevic welcome special guest Christopher Tsai, President and Chief Investment Officer of Tsai Capital Corporation. The trio covers a range of topics, with particular focus on intelligent investing in an age of disruption. Christopher delivered a related talk at The Zurich Project 2023, hosted by …

1
TWIII Podcast News, Retrospective, and Outlook 19:26

1y ago19:26

19:26

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic share some podcast-related news of interest to our loyal listeners. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content …

1
Remembering Charlie Munger: Life and Legacy 44:56

1+ y ago44:56

44:56

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic reflect on the life and legacy of Charlie Munger. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construe…

1
Shrinking Timeframes and First-Order Thinking Since the Covid Crash 54:35

1+ y ago54:35

54:35

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the apparently ever-shrinking timeframes of market participants and the first-order thinking in place since the covid crash. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or…

1
The Bond Market from a Value Investor’s Perspective 43:27

1+ y ago43:27

43:27

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the bond market from a value investor's perspective. We examine the risk-reward of fixed income in the current market environment. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by ho…

1
Consumer Packaged Goods, GLP-1s, and Big Tech as the New Staples 59:37

1+ y ago59:37

59:37

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss pricing and volume in the consumer packaged goods (CPG) sector, the impact of GLP-1 agonists, and whether big tech should be seen as the new staples. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opini…

1
Valuation and Capital Allocation in Declining Industries 55:32

1+ y ago55:32

55:32

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss valuation and capital allocation in declining industries. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content sh…

1
Small Caps at Multi-Decade Valuation Low vs. Large Caps: Opportunity or Trap? 52:08

1+ y ago52:08

52:08

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the small-cap versus large-cap dichotomy, as reflected by US small caps recently hitting a 22-year low versus large caps (measured as the ratio of the Russell 2000 to the Russell 1000). We debate whether the time has come to seek outperformance in small caps versus la…

1
Commercial Real Estate and the Future of Offices: Opportunity for Contrarian Investors? 48:19

2y ago48:19

48:19

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss commercial real estate and the future of offices. They debate whether commercial real estate offers an opportunity for contrarian investors. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expre…

1
Takeaways and Lessons from the Berkshire Hathaway Annual Meeting 2023 52:39

2y ago52:39

52:39

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss takeaways and lessons from the Berkshire Hathaway Annual Meeting 2023. Phil kicks off the episode with a personal recap of his trip to Omaha. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expr…

1
The Lagging Performance of Small-Caps: An Opportunity for Investors? 57:55

2y ago57:55

57:55

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the small-cap opportunity following a period of underperformance of small-cap versus large-cap stocks. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own.…

1
Overconfidence, Under-Reaction, and Warren Buffett’s Investments 54:07

2y ago54:07

54:07

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the research paper, "Overconfidence, Under-Reaction, and Warren Buffett's Investments", by John S. Hughes, Jing Liu, and Mingshan Zhang. The paper is available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1635061 Enjoy the conversation! The primary purpose o…

1
Turmoil in the Global Banking System: Causes, Remedies, Opportunities 1:22:37

2y ago1:22:37

1:22:37

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the turmoil in the global banking system, delving into causes, remedies, and opportunities for intelligent investors. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests…

1
The End of TINA -- Does ”There Is No Alternative” to Equities Still Apply? 53:13

2y ago53:13

53:13

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the end of TINA ("there is no alternative" to equities) and how investors should think about protecting and growing wealth in a treacherous environment. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or op…

1
Thinking About Artificial Intelligence and Its Implications for Investors 48:02

2y ago48:02

48:02

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss artificial intelligence, its capabilities and shortcomings, related trends, and implications for investors. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their…

1
Bed Bath & Beyond and the Fleecing of the American Retail Investor 51:49

2y ago51:49

51:49

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the Bed Bath & Beyond saga and draw analogies to past case studies, including DryShips and Hertz. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neit…

1
The Opportunity in Beaten-Down, Money-Losing Growth Businesses 58:38

2+ y ago58:38

58:38

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss long-term investment opportunities among fast-growing but money-losing companies whose stock prices have declined precipitously over the past year. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinion…

1
Private Equity and the Game of ”Volatility Laundering” 49:20

2+ y ago49:20

49:20

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the private equity asset class and the dangerous game of "volatility laundering", a concept popularized by Cliff Asness. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or gue…

1
Year in Review: Why 2022 Was a Year to Remember and Possibly a Turning Point 54:48

2+ y ago54:48

54:48

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss some of the "highlights" of 2022, why it was a year to remember, and why it may have been a turning point for investors. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or gue…

1
How to Invest When You Like the Business But Not Necessarily the Management Team 48:22

2+ y ago48:22

48:22

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss a type of situation often encountered by investors -- when you like a company's business model and prospects but do not agree with management's strategy or capital allocation policies. Enjoy the conversation! The primary purpose of this podcast is to educate and infor…

1
Reflecting on the FTX Debacle and the Factors That Made It Possible 52:18

2+ y ago52:18

52:18

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the FTX debacle and the factors that made such an epic disaster not only possible but perhaps likely. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. …

1
The Capacity to Suffer, How It Applies in Practice, and the Case of Meta 40:32

2+ y ago40:32

40:32

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the Tom Russo-championed concept of "the capacity to suffer", how to apply it in practice, and to what extent it can be used to think about the recent woes at Meta Platforms. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The vie…

1
David Einhorn on Value Investing: Will It Ever Come Back? 47:18

2+ y ago47:18

47:18

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss David Einhorn's recent comments on value investing, which are available at https://youtu.be/ERa_d7PpbYU?t=31 Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are thei…

1
Reflections on Buffett’s Famous Essay, ”How Inflation Swindles the Equity Investor” 54:42

2+ y ago54:42

54:42

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss Warren Buffett's famous 1977 essay, "How Inflation Swindles the Equity Investor". The co-hosts examine equity investing in the context of an inflationary environment. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, info…

1
The Challenge and Risks of Managing Inventory in Light of COVID-Related Demand Swings 46:33

2+ y ago46:33

46:33

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the challenges some companies have experienced managing their inventory levels in light of COVID-related demand swings. In particular, the hosts reflect on a Wall Street Journal article about Scotts Miracle-Gro (NYSE: SMG). They also touch on the challenges faced by P…

1
The Cyclicality of Malthusianism, and Related Investment Implications 37:05

2+ y ago37:05

37:05

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the cyclicality of Malthusianism, and related investment implications. "Malthusianism is the idea that population growth is potentially exponential while the growth of the food supply or other resources is linear, which eventually reduces living standards to the point…

1
The Futility of Recession Forecasting as Part of an Investment Process 45:44

3y ago45:44

45:44

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the futility of recession forecasting as a way of informing investment and portfolio management decisions. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their …

1
SPECIAL: Vitaliy Katsenelson on the Stoic ”Operating System”, Painful Experiences in Investing 1:01:53

3y ago1:01:53

1:01:53

In this special episode we are joined by Vitaliy Katsenelon, CIO of Denver-based value investing firm IMA and author of Soul In the Game. In this wide-ranging conversation we discuss what inspired Vitaliy to write the book, the Stoic "operating system for life," painful experiences in investing, and how to think and debate like a scientist. Enjoy t…

1
The Evolution of Financial Distress | Investor Fatigue and Mental Exhaustion 47:09

3y ago47:09

47:09

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (1) how the likelihood of financial distress has evolved since the financial crisis of 2008, and (2) the mental exhaustion and fatigue many investors feel as a result of the experience of the past few years. Enjoy the conversation! The primary purpose of this podcast …

1
SPECIAL: Mike ”@nongaap” Puangmalai on the Role of Deep Corporate Governance Analysis in an Investment Process 1:18:47

3y ago1:18:47

1:18:47

In this special episode, Mike "@nongaap" Puangmalai, Resident Artist at WCM Investment Management, joins Phil and Elliot to share the origin story behind his insights into corporate governance, which led to the "Dark Arts" series and an investment process built around analyzing corporate governance. Mike shares some of the secrets he learned from r…

1
Michael Mauboussin’s ”Man Overboard Moment” and Sector Rotation 44:09

3y ago44:09

44:09

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the "man overboard moment" Michael Mauboussin wrote about in a 2015 white paper entitled, "Managing the Man Overboard Moment." We also talk about the concept of "sector rotation." Enjoy the conversation! The primary purpose of this podcast is to educate and inform. Th…

1
Post-COVID Growth Curves of Growth Companies 46:38

3y ago46:38

46:38

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss post-COVID growth curves of fast-growing businesses. For background, see the Q1 letter of RGA Investment Advisors at https://www.rgaia.com/wp-content/uploads/2022/05/Q122-Investment-Commentary-.pdf Enjoy the conversation! The primary purpose of this podcast is to educ…

1
SPECIAL: Mary Childs on Her Book, The Bond King: How One Man Made a Market, Built an Empire, and Lost It All 42:01

3y ago42:01

42:01

In this special episode, co-host Phil Ordway speaks with Mary Childs, author of The Bond King: How One Man Made a Market, Built an Empire, and Lost It All. About the Guest: Mary Childs is a co-host of NPR's Planet Money podcast. Before joining the team in 2019, she was a senior reporter at Barron's magazine, where she covered the alternatives indus…

1
Reflecting on the Buffett & Munger Show at the Berkshire Hathaway Annual Meeting 46:37

3y ago46:37

46:37

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss impressions and takeaways from the Q&A session with Warren Buffett and Charlie Munger at the Berkshire Hathaway Annual Meeting 2022. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by …

1
Twitter, Berkshire Hathaway, and Corporate Governance 53:30

3y ago53:30

53:30

In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss timely issues in corporate governance, including the pending sale of Twitter to Elon Musk and proposals at the Berkshire Hathaway annual meeting. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or opinions …

1
SPECIAL: PayPal’s Next Chapter (Recording of Twitter Space on April 21, 2022) 1:10:39

3y ago1:10:39

1:10:39

In this special episode, Mario Cibelli, Jason Moser, Mike Puangmalai, and Elliot Turner discuss PayPal's next chapter. Learn why the share price decline alters the trajectory of the company and is an opportunity to own growth cheaply. Enjoy the conversation! The primary purpose of this podcast is to educate and inform. The views, information, or op…

1
Pricing vs. Valuation and Companies in Transition | When ”Safety” Is Not Cheap 51:22

3y ago51:22

51:22

In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss pricing versus valuation, especially in the context of "transition" companies, such as Netflix. We also talk about the implications of so-called safe equities trading at high multiples. Enjoy the conversation! The primary purpose of this podcast is to educate and info…

Podcasts Worth a Listen

John Mihaljevic And Elliot Turner Podcasts

Podcasts Worth a Listen