Frank

Hi, folks, and welcome to another episode of Stock Club.

This week, we have a very special guest with us, Jose Mayora.

Jose is the author of Wall Street's Blind Spots, a unique perspective on value investing, valuation and capital allocation.

He's also the founder and senior portfolio manager of DeVita Capital, a value focused equities fund.

Jose, welcome to the show.

It's a pleasure to have you on Stock Club here today.

So let's jump right into it.

So tell me a bit about your background and how you got into finance.

Yeah, and very much with the focus on value investing, which can be rare too, especially in this current market stage, I suppose.

So tell me now, what is your definition of value investing?

Because there's a lot of interpretations.

The classic cigar bush metaphor is quite common out there, but I don't think it can capture what value investing truly is.

It's great.

Yeah.

From reading all the research and work you've done, it's very much a modern take on value investing, which can be rare because I think the stereotypical value investor is seen as some old man who's like kicking the tires of old utility companies and looking at free cash flow per share or whatever else.

But it's so true about there can be great value in some of the fastest growing companies in the world out there, too.

And I think we'll talk about the book now.

So Wall Street's Blind Spots.

is very much that bringing a modern approach to value investing.

I'd love to know what motivated you to write the book and especially a book that is almost calling out the wider finance industry in a small sense.