Investing by the Books
Episodes
#83 Jeff Totten on Built from Scratch
05 May 2026
Contributed by Lukas
Jeff Totten, founder and CEO of the US-based holding company Evergreen Services Group, is a thoughtful and driven entrepreneur with an investor mindse...
#82 Ehsan Ehsani: Finding Value in Numbers
07 Apr 2026
Contributed by Lukas
This episode features Ehsan Ehsani, an investor at Crescendo Partners in New York and an adjunct professor at Columbia Business School. We discuss his...
#81 Andrew Hollingworth on 1929
10 Mar 2026
Contributed by Lukas
The UK-based portfolio manager Andrew Hollingworth, founder of HollAnd Advisors, joins Eddie to discuss the book '1929' by Andrew Ross Sorkin. The con...
#80 Rupal Bhansali: Non-Consensus Investing
10 Feb 2026
Contributed by Lukas
Eddie has the pleasure of speaking to Rupal Bhansali, author of ‘Non-Consensus Investing’ and a seasoned investor with over 30 years of experience...
#79 Ryan Bunn on The Art of Speculation
13 Jan 2026
Contributed by Lukas
This episode features the US-based portfolio manager Ryan Bunn. We discuss Philip Carret's classic investment book 'The Art of Speculation', which inf...
#78 Ethan Everett: The Investment Philosophers
16 Dec 2025
Contributed by Lukas
Our guest Ethan Everett is an investment analyst in the US and author of 'The Investment Philosophers'. We discuss the book, in which he connects phil...
#77 Ryan Floyd on A Time of Gifts
18 Nov 2025
Contributed by Lukas
We are joined by the US investor Ryan Floyd from Barca Capital to discuss ‘A Time of Gifts' by Patrick Leigh Fermor. The book chronicles Fermer's jo...
#76 Lars Stenlund on Driven by Curiosity
21 Oct 2025
Contributed by Lukas
Lars Stenlund co-founded the Swedish firm Vitec Software in 1985. For 35 years, he served as its CEO, and since 2021, he is the Chairman. In this inte...
#75 Adnan Hadžiefendić & Oddbjørn Dybvad: The Compounders
18 Sep 2025
Contributed by Lukas
Fund managers Adnan & Oddbjørn from REQ Capital discuss their brand new book, The Compounders. The book highlights the journeys of nine companies...
#74 Stephen Penman: Financial Statement Analysis for Value Investing
26 Aug 2025
Contributed by Lukas
In this episode, we have the pleasure of welcoming back Stephen Penman, professor emeritus of accounting and security analysis at Columbia Business Sc...
#73 Klaus Kleinfeld: Leading to Thrive
29 Jul 2025
Contributed by Lukas
Klaus Kleinfeld has been the global CEO of two Fortune 500 companies – Siemens and Alcoa. In this episode, we have the pleasure of discussing his bo...
#72 Alex Morris on Hit Refresh
24 Jun 2025
Contributed by Lukas
Alex Morris, founder of TSOH Investment Research, shares his insights from Microsoft’s CEO Satya Nadella's book 'Hit Refresh.' We discuss the import...
#71 Lodewijk Petram: The World's First Stock Exchange
27 May 2025
Contributed by Lukas
Economist and financial historian Lodewijk Petram discusses his book, "The World's First Stock Exchange," which focuses on the Dutch East India Compan...
#70 Laurence Endersen: The Compounder's Element
29 Apr 2025
Contributed by Lukas
We are happy to have Laurence (Lar) Endersen on the podcast. Lar is an experienced and thoughtful investor based in Ireland, where he heads his privat...
#69 David Marcus on How to Make a Few Billion Dollars
01 Apr 2025
Contributed by Lukas
David Marcus is a US investor with decades of experience working for legends like Michael Price and Jan Stenbeck. We discuss Brad Jacob’s book How t...
#68 Phil Rosenzweig: The Halo Effect
04 Mar 2025
Contributed by Lukas
Phil Rosenzweig has been a professor at IMD Business School in Lausanne, Switzerland, for about 30 years. We discuss Phil’s legendary book “The Ha...
#67 Jaime Lester: Pause to Think
04 Feb 2025
Contributed by Lukas
Jaime Lester is a hedge fund industry veteran who has worked at firms such as Steinhardt Partners and David Einhorn’s Greenlight Capital. He is also...
#66 William Barnes: In Practise
07 Jan 2025
Contributed by Lukas
Will Barnes is the co-founder of the primary research firm In Practise and joins us to discuss their new book “In Practise”. The book has eleven c...
#65 Asif Suria: The Event-Driven Edge in Investing
10 Dec 2024
Contributed by Lukas
Asif Suria is an entrepreneur and investor in the US who focuses on a specific investing strategy that we haven’t talked about much in the podcast: ...
#64 Brett Gardner: Buffett's Early Investments
12 Nov 2024
Contributed by Lukas
Brett Gardner is an investment analyst at the US-based investment partnership Discerene Group and, since about a week, a published author with his boo...
#63 Simon Kold: On the Hunt for Great Companies
15 Oct 2024
Contributed by Lukas
Simon Kold is the founder of the Denmark-based investment firm Kold Investments and was previously at Novo Holdings, one of the world’s largest inve...
#62 Moritz Sitte on The Clock of the Long Now
17 Sep 2024
Contributed by Lukas
Moritz Sitte is the investor at Antheia AB, a private investment firm founded by Daniel Ek. Moritz has previously worked as an investment manager at B...
#61 Stephen Clapham: The Smart Money Method
20 Aug 2024
Contributed by Lukas
Stephen (Steve) Clapham is the founder of Behind the Balance Sheet, an investment research and investor training consultancy. He has 25 years of exper...
#60 Torbjörn Arenbo: Capital Allocation and Value Creation
23 Jul 2024
Contributed by Lukas
Torbjörn Arenbo is the Chief Analyst and Head of Corporate Advisory Sweden at Danske Bank. He has 25 years of experience working as a corporate finan...
#59 Chris Waller on We Are Bellingcat
25 Jun 2024
Contributed by Lukas
Chris Waller is the Founder and Portfolio Manager of Plural Investing in New York. He previously worked in London at Goldman Sachs and holds an MBA fr...
Bonus Episode: Eddie's Highlights
14 Jun 2024
Contributed by Lukas
This bonus episode features an interview with Eddie Palmgren – host of Investing by the Books – on Redeye Growth Day. Eddie shares some ...
#58 Staffan Salén on The Salén Story
28 May 2024
Contributed by Lukas
In this episode we are joined by Staffan Salén – one of Sweden’s most prominent business men. The Salén family has a strong heritage spanning mo...
#57 Pieter Slegers on The Art of Quality Investing
30 Apr 2024
Contributed by Lukas
How to invest in the best companies in the world? This is the topic for our episode with Pieter Slegers – founder of the investment newsletter Compo...
#56 JC de Swaan: Seeking Virtue in Finance
01 Apr 2024
Contributed by Lukas
In today’s episode we are joined by JC de Swaan. De Swaan is a lecturer in the economics department at Princeton University, where he teaches course...
#55 Edward Chancellor: Capital Returns
04 Mar 2024
Contributed by Lukas
In today’s episode, Christian Billinger, a London-based investor who has joined the podcast before, is speaking with none other than Edward Chancell...
#54 Tobias Carlisle: The Acquirer's Multiple
05 Feb 2024
Contributed by Lukas
Tobias Carlisle is a former lawyer and the author of several books, including The Acquirer’s Multiple. Tobias is the manager of two funds based on t...
#53 Todd Wenning on Lessons from the Titans
08 Jan 2024
Contributed by Lukas
Todd Wenning is an investor with experience from Ensemble Capital, The Motley Fool, and Morningstar. In episode five, we came across some of his work ...
#52 Stephen Penman: Accounting for Value
11 Dec 2023
Contributed by Lukas
Stephen Penman is a professor of accounting and security analysis at Columbia Business School and Bocconi. He has also written the book Accounting for...
#51 Shu Hattori and Andrew Chou: The McKinsey Edge
13 Nov 2023
Contributed by Lukas
Shu Hattori has more than fifteen years of experience in management consulting, turnarounds & venture-backed start-ups, with employers including M...
#50 Ronald Fagerfjäll: They Made Sweden Rich
16 Oct 2023
Contributed by Lukas
Ronald Fagerfjäll is a legend within Swedish business journalism. Having written more than 30 books centered around Swedish companies and the people ...
#49 Paddy Hogan on What It Takes
18 Sep 2023
Contributed by Lukas
Paddy Hogan is the head of investor relations at ORIX, a Japanese company with 35,000 employees active within finance, investments, life insurance, an...
#48 Cole Smead on Money Masters
21 Aug 2023
Contributed by Lukas
Cole Smead is a portfolio manager at Smead Capital Management, an investment advisor applying a differentiated value approach to its capital allocatio...
#47 Ian Cassel on Golf Is Not a Game of Perfect
24 Jul 2023
Contributed by Lukas
Ian Cassel is the founder of MicroCapClub, co-author of the books about Intelligent Fanatics, and the CIO of Intelligent Fanatics Capital Management. ...
#46 Vitaliy Katsenelson: Soul in the Game
26 Jun 2023
Contributed by Lukas
Vitaliy Katsenelson is the CEO of Investment Management Associates (IMA), a value investing firm providing individual portfolio management. He is also...
#45 Paul Johnson and Paul D. Sonkin: The Enduring Value of Roger Murray
29 May 2023
Contributed by Lukas
In our 45th episode, we are honored to speak to Paul Johnson and Paul D. Sonkin about their latest book “The Enduring Value of Roger Murray.” As t...
#44 Todd Finkle: Warren Buffett - Investor and Entrepreneur
01 May 2023
Contributed by Lukas
In this episode, we speak with the knowledgeable Todd Finkle. Todd is a Professor of Entrepreneurship at Gonzaga University and the author of several ...
#43 Catherine S. Neal: Taking Down the Lion
03 Apr 2023
Contributed by Lukas
Catherine S. Neal is a former attorney and an associate professor of business ethics and business law at Northern Kentucky University. She is also the...
#42 Avner Mandelman: The Advanced Sleuth Investor
06 Mar 2023
Contributed by Lukas
In our second interview with Avner Mandelman, a former rocket scientist and hedge fund manager, we talk about his new book: The Advanced Sleuth Invest...
#41 Jake Taylor on Deep Survival
06 Feb 2023
Contributed by Lukas
Jake Taylor is a professional investor, fellow podcast host, author, and founder of the software Journalytic. For his second appearance on our podcast...
#40 Our Top Investing Books
24 Jan 2023
Contributed by Lukas
In this special episode, we speak with Mark Gandy about our favorite investing books. Mark is the host of The CFO Bookshelf podcast and a consultant h...
#39 Gregory Zuckerman: The Man Who Solved the Market
09 Jan 2023
Contributed by Lukas
Gregory Zuckerman is an investigative reporter at The Wall Street Journal and the author of several books. Since he joined The Journal in 1996, he has...
#38 Adam Seessel: Where the Money Is
26 Dec 2022
Contributed by Lukas
In this episode, we speak with none other than Adam Seessel. Adam started as a journalist before venturing into finance through a job at Wall Street. ...
#37 Carter Johnson on Distant Force
12 Dec 2022
Contributed by Lukas
Carter Johnson is the manager of MCJ Capital Partners, an investment management firm concentrated primarily on small caps. This episode is focused on ...
#36 Matt Joass on Superforecasting
28 Nov 2022
Contributed by Lukas
Matt Joass is the Founder and CIO at Maven Funds Management. Matt previously worked as a financial analyst at a large international shipping firm and ...
#35 Derek Lidow: The Entrepreneurs
14 Nov 2022
Contributed by Lukas
Derek Lidow holds a PhD in applied physics, has been the CEO of a large public semiconductor company, and has started a business that he sold for $100...
#34 Vishal Khandelwal: The Sketchbook of Wisdom
31 Oct 2022
Contributed by Lukas
Vishal Khandelwal is an author, former equity analyst, and fellow podcast host. He is an insightful writer on investing and how to live a good life, a...
#33 Adam Mead: The Complete Financial History of Berkshire Hathaway
17 Oct 2022
Contributed by Lukas
Adam Mead is the CEO and CIO at Mead Capital Management and author of 'The Complete Financial History of Berkshire Hathaway'. The book sits at 700+ pa...
#32 Christian Billinger on Investing for Growth
03 Oct 2022
Contributed by Lukas
Christian Billinger is the chairman of Billinger Förvaltning, a privately held investment company focused on owning high-quality businesses. For this...
#31 Gautam Baid: The Joys of Compounding
19 Sep 2022
Contributed by Lukas
Gautam Baid is the Managing Partner and Fund Manager at Stellar Wealth Partners and author of The Joys of Compounding. He has previously worked as a p...
#30 William Thorndike: The Outsiders
05 Sep 2022
Contributed by Lukas
Will Thorndike is the co-founder of Housatonic Partners and host of the 50X podcast. In this episode, we discuss Will’s masterpiece “The Outsiders...
#29 Mark Mahaney: Nothing But Net
22 Aug 2022
Contributed by Lukas
Mark Mahaney calls himself “Wall Street’s oldest and longest-lasting technology analyst”. We learn about Mark's lessons for successful tech inve...
#28 Magnus Angenfelt: The World's 99 Greatest Investors
08 Aug 2022
Contributed by Lukas
Magnus Angenfelt is a seasoned hedge fund manager and author of 'The World's 99 Greatest Investors'. Among many things, we discuss what we can learn f...
#27 Andrew Wagner: The Economics of Online Gaming
25 Jul 2022
Contributed by Lukas
Andrew Wagner is the CIO of Wagner Road Capital Management and the author of "The Economics of Online Gaming". In our conversation, Andrew tells the f...
#26 One Year - Any Wiser?
11 Jul 2022
Contributed by Lukas
In this special episode, we reflect on our lessons from the first year of the podcast. We discuss investment style, how to filter information, and the...
#25 Richard Lawrence: The Model
27 Jun 2022
Contributed by Lukas
Richard Lawrence is the founder of Overlook Investments and one of the best investors in Asian equities over the last three decades. Richard founded O...
#24 Gillian Zoe Segal: Getting There
13 Jun 2022
Contributed by Lukas
Gillian Zoe Segal is the author of 'Getting There: A Book of Mentors'. In the book, Gillian has interviewed and photographed 30 superstars, including ...
#23 Rajeev Agrawal on Poor Charlie's Almanack
30 May 2022
Contributed by Lukas
Rajeev Agrawal is the Fund Manager & Managing Partner at DoorDashi India Fund. For this episode, Rajeev has picked one of our favorite books - Poo...
#22 Avner Mandelman: The Sleuth Investor
16 May 2022
Contributed by Lukas
Avner Mandelman is a former rocket scientist and hedge fund manager that has written several books and served in the Israeli Air Force. In a rare i...
#21 Pilgrimage to the Oracle
03 May 2022
Contributed by Lukas
In this special episode, we discuss our adventure to Omaha and insights from watching Buffett and Munger on stage at Berkshire Hathaway’s annual mee...
#20 Shree Viswanathan on A Search in Secret India
19 Apr 2022
Contributed by Lukas
Shree Viswanathan is the founder, president, and portfolio manager of SVN Capital. In a deep and thoughtful conversation, we revisit the book with the...
#19 Oddbjørn Dybvad: Investing in Value Creators
05 Apr 2022
Contributed by Lukas
Oddbjørn Dybvad is the co-founder of REQ Capital and a seasoned investor in global compounders. The focus of this episode is Oddbjørn's book “Inve...
#18 Eric Jorgenson: The Almanack of Naval Ravikant
22 Mar 2022
Contributed by Lukas
Eric Jorgenson is a fellow podcast host, investor, and author based in Kansas. In this rich episode, Eric joins us to discuss his excellent compilatio...
#17 Björn Fahlén: Quality First Investing
08 Mar 2022
Contributed by Lukas
Björn Fahlén is the refounder, principal shareholder, Chief Investment Officer, and CEO of Redeye. Our conversation focuses on his book "Quality Fir...
#16 Robert Hagstrom: Investing - The Last Liberal Art
22 Feb 2022
Contributed by Lukas
Robert Hagstrom is a distinguished author and investor with 35+ years of experience in the equity market. Our conversation centers around his gem "The...
#15 Dennis Jean-Jacques: The 5 Keys to Value Investing
08 Feb 2022
Contributed by Lukas
Dennis Jean-Jacques is a savvy investor and the author of "The 5 Keys to Value Investing". We discuss core concepts from the book, investment principl...
#14 Patrik Wahlén on Business Adventures
25 Jan 2022
Contributed by Lukas
Patrik Wahlén is the Co-Founder and Chairman of the Swedish industrial group Volati. We have the pleasure to discuss one of his favorite books, featu...
#13 Chris Mayer: 100-Baggers
11 Jan 2022
Contributed by Lukas
Chris Mayer is an expert on stocks that return 100 times or more. In a thoughtful conversation with many company examples, we talk about how to identi...
#12 Bethany McLean: The Smartest Guys in the Room
28 Dec 2021
Contributed by Lukas
Bethany McLean is one of the world’s most prominent financial and investigative journalists. In this episode, we revisit her masterpiece on Enron, t...
#11 Daniel Sun Zhang: An Investment Thinking Toolbox
14 Dec 2021
Contributed by Lukas
We believe that a multidisciplinary approach is essential for every long-term investor. One of the most practical books we have found on the topic is ...
#10 Michael Mauboussin: Expectations Investing
30 Nov 2021
Contributed by Lukas
Michael Mauboussin is a thought-leader on decision-making, the role of complexity in markets, and most topics related to investing. His latest contrib...
#9 Erik Sprinchorn on Mistakes Were Made (But Not by Me)
16 Nov 2021
Contributed by Lukas
Erik Sprinchorn is one of Sweden's most successful investment managers. Our conversation centers around a book on self-justification and cognitive bia...
#8 Lawrence Cunningham: Quality Investing
02 Nov 2021
Contributed by Lukas
This episode features the eminent Professor Lawrence Cunningham and his book Quality Investing from 2016. What is his view on the topic today, how do ...
#7 Henrik Andersson on The Essays of Warren Buffett
19 Oct 2021
Contributed by Lukas
In this episode, we invite a money manager to share insights from one of his favorite investing-related books. Our guest is the brilliant Henrik Ander...
#6 Jeff Gramm: Boardroom Battles & Shareholder Activism
05 Oct 2021
Contributed by Lukas
Jeff Gramm is a hedge fund manager and the author of "Dear Chairman". In a fun and multifaceted conversation, we discuss the crucial but sometimes ove...
#5 Brilliant & Mohanraj: Moats Matter
21 Sep 2021
Contributed by Lukas
Heather Brilliant co-authored the book Why Moats Matter during her tenure at Morningstar. She is now CEO & President of Diamond Hill, an Ohio-base...
#4 William Green: Richer, Wiser, Happier
07 Sep 2021
Contributed by Lukas
In his book from 2021, William Green explores what we can learn from the world's most successful investors. The knowledge is timeless and not only abo...
#3 Pete Davis: The Case for Commitment
24 Aug 2021
Contributed by Lukas
Pete Davis is a commitment superfan and an American civic advocate. In a world of infinite browsing, Pete's book "Dedicated" (2021) provides an altern...
#2 Jake Taylor: The Multidisciplinary Allocator
10 Aug 2021
Contributed by Lukas
Allocating capital is one of management’s most important jobs. Still, many decisions are suboptimal for shareholders. Why is that? In this episode, ...
#1 Sean Iddings: The Ultimate Competitive Advantage
27 Jul 2021
Contributed by Lukas
Sean Iddings has built a strong pattern recognition from studying many of the world’s most successful companies and leaders. In our premiere episode...
#0 Intro to Investing by the Books
20 Jul 2021
Contributed by Lukas
Get to know our hosts Eddie Palmgren and Niklas Sävås, what you can learn from the show, and who the first podcast guests are.This recording is an i...