TIP680: Investing in Exceptional Businesses for the Long Run w/ Dev Kantesaria
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You're listening to TIP. On today's episode, I'm joined by Dev Contasaria. Dev is the founder and portfolio manager at Valley Forge Capital Management. The firm has been highly successful since its inception in 2007 as it's outperformed the S<unk>P 500 by a wide margin and has over $4 billion in assets under management. During this episode, we covered Dev's view on the current market environment and the recent stock market rally, how Valley Forge adopted Warren Buffett in Charlie Munger's investment approach, why predictability and pricing power are essential parts of his long-term approach to investing, why Dev has decided not to invest in any big tech companies as of the time of recording, and why he'll continue to invest in US large cap companies despite the optically higher valuations relative to their international counterparts.
why dev loves compounding machines that allocate capital to share repurchases and so much more. Dev is extremely thoughtful and is truly passionate about educating people on how to be a great investor. So with that I hope you enjoyed today's discussion with Dev Contissaria. Celebrating 10 years and more than 150 million downloads. You are listening to the Investors Podcast Network.
Since 2014, we studied the financial markets and read the books that influence self-made billionaires the most. We keep you informed and prepared for the unexpected. Now for your host, Clay Fink. Welcome to the Investors Podcast. I'm your host, Clay Fink, and today we have a very special guest for our listeners, Dev Contasaria from Valley Forge Capital Management.
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