Value Investing with Legends
Episodes
Investing in the GCC: Private Equity Discipline in Public Markets
13 Mar 2026
Contributed by Lukas
In this episode, Tano Santos speaks with Samer Sarraf, Founding Partner and CIO of Amwal Capital Partners, about his journey from engineering and c...
Ricky Sandler - Investing Through Perception Shifts and Market Cycles
19 Dec 2025
Contributed by Lukas
Ricky Sandler, founder, CEO, and CIO of Eminence Capital, joins hosts Michael Mauboussin and Tano Santos to explore a dynamic career spanning over thr...
Robert Robotti - From Pink Sheets to Portfolio Management: Bob Robotti's Value Investing Journey
21 Nov 2025
Contributed by Lukas
Robert Robotti, President and CIO of Robotti & Company Advisors, joins host Michael Mauboussin to explore a lifetime shaped by value investing. With d...
Richard Brekka - From Venture to Secondaries: Richard Brekka on Illiquid Market Advantages
07 Nov 2025
Contributed by Lukas
In this episode, host Tano Santos sits down with Richard Brekka, founder and managing partner of Second Alpha, to examine the lesser-known world of se...
Amit Wadhwaney - From Montreal to Moerus: Amit Wadhwaney's Deep Value Discipline
24 Oct 2025
Contributed by Lukas
Amit Wadhwaney, founding partner and portfolio manager at Moerus Capital Management, joins hosts Tano Santos and Michael Mauboussin to trace his unort...
Bill Ackman - Evolving Investment Playbook, From MBIA to Moats
10 Oct 2025
Contributed by Lukas
Bill Ackman, founder and CEO of Pershing Square Capital Management, joins hosts Michael Mauboussin and Tano Santos to trace the arc of his investing ...
Kristin Gilbertson - Risk, Resilience, and Returns
29 Aug 2025
Contributed by Lukas
In this episode, hosts Tano Santos and Michael Mauboussin speak with Kristin Gilbertson, CIO of Access Industries and former CIO of the University of ...
Seth Klarman - Contrarian Investing, Discipline, and Building Baupost
01 Aug 2025
Contributed by Lukas
In this episode, host Michael Mauboussin sits down with Seth Klarman, CEO and portfolio manager of The Baupost Group. One of the most influential prac...
Kent Daniel — From Physics to Finance: Exploring Market Inefficiencies
25 Jul 2025
Contributed by Lukas
In this episode of Value Investing with Legends, Tano Santos and Michael Mauboussin sit down with Kent Daniel, Professor of Finance at Columbia Busine...
Cliff Asness — Quant Origins, Value Crashes, and Market Inefficiencies
11 Jul 2025
Contributed by Lukas
In this episode, Cliff Asness joins Tano Santos and Michael Mauboussin for a conversation that spans the evolution of quantitative investing, lessons ...
Phil Ruvinsky - Sustainable Competitive Advantages in Technology
12 Jul 2024
Contributed by Lukas
In this episode, Michael Mauboussin, adjunct professor at Columbia Business School, hosts Phil Ruvinsky, Managing Director and Head of the Fundamental...
Anu Bradford - EU Influence, Big Tech Challenges, and the Future of Digital Governance
28 Jun 2024
Contributed by Lukas
In this episode, hosts Tano Santos and Michael Mauboussin speak with Anu Bradford, the Henry L. Moses Professor of Law and International Organization ...
Jonathan Knee - The Platform Delusion and the Intricacies of Digital and Analog Platforms
14 Jun 2024
Contributed by Lukas
In today's discussion, Jonathan Knee, a distinguished advisor at Evercore Partners and Professor of Professional Practice of Media and Technology at C...
James Bessen - Understanding the Tech Paradigm
31 May 2024
Contributed by Lukas
In the third episode of Season 10, hosts Tano Santos and Michael Mauboussin speak with James Bessen, Executive Director of the Technology and Policy R...
Jan Hummel - Deep Diligence at Paradigm Capital
17 May 2024
Contributed by Lukas
In this episode, Tano Santos sits down with Jan Hummel, CIO of Paradigm Capital, revisiting his investment strategies and exploring the nuanced dimens...
Todd Combs - Charlie Munger's Legacy
03 May 2024
Contributed by Lukas
In this heartfelt episode, we pay tribute to Charlie Munger, the visionary vice chairman of Berkshire Hathaway who recently passed away. Joining us is...
Kim Lew - The Dynamics of Risk Management and Asset Allocation
29 Dec 2023
Contributed by Lukas
Today's discussion with Kim Lew, President and CEO of the Columbia Investment Management Company, traverses her unique journey from her roots in the B...
John Armitage - Navigating Macroeconomic Shifts
15 Dec 2023
Contributed by Lukas
In the complex world of financial markets and economic fluctuations, John Armitage, a seasoned investment maestro, sits down with us today. As the chi...
Nicolai Tangen - Decision-Making and Intuition in Investing
24 Nov 2023
Contributed by Lukas
In the intricate dance of market movements and economic trends, it takes a discerning eye to discern patterns and make strategic decisions. Enter Nico...
John Rogers - The Power of Patience
10 Nov 2023
Contributed by Lukas
John Rogers isn't just a successful investor; he's an industry titan. As the founder of a reputable investment firm, he's made a name for himself with...
Sheldon Stone - Liquidity, Covenants, and Capital Availability
27 Oct 2023
Contributed by Lukas
Navigating the investment world is an enormous task, especially when looking at company numbers and the people running them. That's why we're thrilled...
Ray Dalio - Risk, Return, and Asset Allocation
13 Oct 2023
Contributed by Lukas
Navigating the complex world of wealth creation and financial history can be daunting. That's why our guest, Ray Dalio, places a strong emphasis on un...
Fireside Chat with Tom Gayner, Markel Corporation
31 Mar 2023
Contributed by Lukas
Today's conversation is a special one. I'm delighted to share my fireside chat with Markel Corporation's Tom Gayner from our 26th Annual CSIMA Confere...
Scott Hendrickson - An Unmasking of Quality
17 Mar 2023
Contributed by Lukas
When evaluating a company, getting a clear picture of all the relevant factors can be challenging. That's why today's guest, Scott Hendrickson, heavil...
Bill Nygren - Fundamental Investing From A Generalist's Perspective
03 Mar 2023
Contributed by Lukas
With the constant evolution of the asset management industry, investors need to stay a step ahead to justify earning an active management fee. With ov...
Angela Aldrich - Developing A Differentiated View
17 Feb 2023
Contributed by Lukas
One of the most exciting things in our industry is finding young investment managers who are incredibly bright, hard-working, and well-trained in the ...
Charley Ellis - The Evolution of the Asset Management Industry
03 Feb 2023
Contributed by Lukas
Over the past several decades, asset management has transformed from a small industry with a few experts competing against a majority of amateurs in t...
Felix Oberholzer-Gee - The Competitive Advantage of Value-Based Strategy
20 Jan 2023
Contributed by Lukas
Success comes from value creation. For a strategic initiative to create value, it must increase willingness to pay or decrease willingness to sel...
Mitch Julis - Finding the Opportunity in Complexity
06 Jan 2023
Contributed by Lukas
To be a good value investor, you must be a good credit analyst. Over the years, I learned so much from the many investors I've met through Heilbrun...
Andrew Wellington & Dan Kaskawits - Finding the Gems Amid the Junk
16 Dec 2022
Contributed by Lukas
"Right next to the really cheap junk, there are some really cheap gems." Welcome to a new season of the Value Investing with Legends podcast! We...
Amy Zhang - Identifying Exceptional Potential
01 Jul 2022
Contributed by Lukas
"We look for exceptional small and mid cap companies with the wherewithal to become exceptional large companies." This is at the core of the invest...
Ashvin Chhabra - The Aspirational Investor
17 Jun 2022
Contributed by Lukas
How do you create a portfolio strategy that takes into account both safety and the pursuit of your aspirational goals? That's what today's guest, A...
Abby Joseph Cohen - Blending the Quantitative with the Qualitative
03 Jun 2022
Contributed by Lukas
"The data is the data, and that's it." As a model user, it's easy to get hyperfocused on quantitative data but reality requires a broader approach....
Allison Fisch - Unlocking Value in Emerging Markets
20 May 2022
Contributed by Lukas
Welcome back to Season 7! From the move to Manhattanville to the new curriculum for the value investing program at The Heilbrunn Center, there have...
Munib Islam - Creating Long-Term Value
03 Dec 2021
Contributed by Lukas
Time arbitrage is one of the biggest behavioral advantages an investor can have. Joining us today to talk about what it means to be an engaged, lon...
Lauren Taylor Wolfe - Adding Value With A Creative Approach to Environmental, Social, and Governance Change
12 Nov 2021
Contributed by Lukas
Activist investing is the new frontier for value investors, allowing them to be the agents of their own returns. Today we're continuing our examina...
Bringing An Outside Perspective Through Transformational Activism with Mason Morfit
29 Oct 2021
Contributed by Lukas
In a world of plentiful capital and compressed yields, activism and being the agent of one's returns is a way forward. Transformational activism in...
5x5x5 Russo Student Investment Fund: Class of 2021
15 Oct 2021
Contributed by Lukas
Not satisfied with the lack of value most student-run investment clubs offered to students, Tom Russo designed a better way. Through the 5x5x5 Russ...
Chris Davis - A Multifaceted Perspective on Financial Services
01 Oct 2021
Contributed by Lukas
A year and a half into the pandemic, a lot has changed in the investment landscape. Individual investors have been empowered, economies reacted in ...
The Art of Fund Management with Chase Sheridan & Will Pan
17 Sep 2021
Contributed by Lukas
Since our first podcast in the spring of 2019, we've built a wonderful audience around the world, and now have a terrific collection of interviews wit...
Anne-Sophie d'Andlau - Driving Change By Engaging With Impact
09 Apr 2021
Contributed by Lukas
Listeners of this podcast will know that I believe one of the most dynamic areas of investing is that of activism. In the true spirit of value investi...
Florian Schuhbauer and Klaus Roehrig - Applying Activist Tactics to European Markets
26 Mar 2021
Contributed by Lukas
One of our goals with this podcast is to get to know new markets, new situations, and new investors who bring dynamism to all markets. A great example...
Elizabeth Lilly - Embodying the Principles of Value Investing
12 Mar 2021
Contributed by Lukas
The value investing in legends class is one of the highlights of the Heilbrunn year. It's filled with special moments, including the annual visit from...
Anna Nikolayevsky - The Value of Independent Thought
26 Feb 2021
Contributed by Lukas
Any sound investment strategy must include both a tactical and a structural component. The tactical side requires close attention to the firm's financ...
David Marcus - Developing a 3D Perspective of Investing
12 Feb 2021
Contributed by Lukas
Over the last few years, the opportunities for global value investing have improved significantly. Yields are incredibly low across the board, putting...
Samantha Greenberg - Recognizing True Asymmetry
29 Jan 2021
Contributed by Lukas
Many of the guests that I've had on this program are people I've known for years. We approached those conversations as an opportunity to explain toget...
Mohnish Pabrai - The Value of Continuous Learning
15 Jan 2021
Contributed by Lukas
There are several great investors out there who are effectively offering free lessons through their positions, letters, and interviews. What's surpris...
Jan Hummel - The Rare Advantage of Real-World Experience
04 Dec 2020
Contributed by Lukas
Modern value investing emphasizes investing in resilient franchises and letting the compounding do the work for you. Today's guest, Jan Hummel, is a f...
Howard Marks - Successful Investing Through Buying Things Well
20 Nov 2020
Contributed by Lukas
The most successful investors combine a profound analytical understanding of financial markets and the economy at large with the ability to act on tho...
The Multi-Faceted Future of Value Investing with Henry Ellenbogen and Anouk Dey
16 Oct 2020
Contributed by Lukas
Today's conversation is with Henry Ellenbogen and Anouk Dey from Durable Capital Partners. Henry founded Durable in 2019 and serves as Managing Partne...
Rishi Renjen - Evolving Your Investment Process
02 Oct 2020
Contributed by Lukas
Today's conversation is with Rishi Renjen, the Founder and Chief Investment Officer of ROAM Global Management. Before founding ROAM Global, he was a M...
Richard Lawrence - Investing in Superior Businesses
18 Sep 2020
Contributed by Lukas
With the COVID-19 crisis dominating our spring semester, the focus of the podcast shifted slightly, and we had several conversations with distinguishe...
Learning from Five Years of the 5x5x5 Russo Student Investment Fund
04 Sep 2020
Contributed by Lukas
Welcome back to a new season of the show! Our first conversation is going to be a little different as we'll be talking about this year's picks for the...
Kim Shannon - Value Investing - Bringing it All Together
22 May 2020
Contributed by Lukas
Today's conversation is with Kim Shannon President and Co-Chief Investment Officer at Sionna Investment Managers. Kim founded Sionna Investment Manage...
Dan Davidowitz & Jeff Mueller – Compounding with Polen Capital
17 Apr 2020
Contributed by Lukas
Today's conversation is with Dan Davidowitz and Jeff Mueller of Polen Capital, which is a firm that is dedicated to researching and analyzing the high...
C.T. Fitzpatrick: Value Investing in Times of Deep Distress
03 Apr 2020
Contributed by Lukas
Today's conversation is with C.T. Fitzpatrick, Founder, Chief Executive Officer, Chief Investment Officer at Vulcan Value Partners. C.T. founded Vulca...
Michael Mauboussin – Investing in times of (the Coronavirus) Crisis
23 Mar 2020
Contributed by Lukas
Today's conversation is with Michael Mauboussin, Head of Consilient Research at Counterpoint Global. Before joining Counterpoint Global, Michael was t...
Francisco García Paramés - Value Investing for the Long Term Guest
20 Mar 2020
Contributed by Lukas
Today's conversation is with Francisco García Paramés, chairman and chief investment officer at Cobas Asset Management, which he founded in 2016. Be...
David Samra - Leveraging Fundamentals to Remain Relevant
06 Mar 2020
Contributed by Lukas
Today's conversation is with David Samra, managing director of Artisan Partners and founding partner of the Artisan Partners International Value Team....
Bruce Greenwald - Staying on the Right Side of the Trade
20 Dec 2019
Contributed by Lukas
Today's conversation is with Professor Bruce Greenwald, guru to Wall Street's gurus. Bruce is the Robert Heilbrunn Professor of Finance and Asset Mana...
Matthew McLennan - The Power of Selectivity and Patience
29 Nov 2019
Contributed by Lukas
Today's conversation is with Matthew McLennan, head of the Global Value team and a portfolio manager of the Global Value, International Value, US Valu...
Joel Greenblatt - Investing Off the Beaten Path
15 Nov 2019
Contributed by Lukas
Today's conversation is with Joel Greenblatt, Founder and Managing Partner of Gotham Asset Management. Since founding Gotham in 1985, Joel and his par...
Leon Cooperman - Looking For More For Less
01 Nov 2019
Contributed by Lukas
of Omega Advisors. After getting his MBA from Columbia Business School, Leon joined Goldman Sachs as a Junior Analyst and ultimately built up Goldman ...
Ross Glotzbach - The Power and Strength of Experience
18 Oct 2019
Contributed by Lukas
Today's conversation is with Ross Glotzbach, the CEO and Head of Research at one of the great names in value investing, Southeastern Asset Management,...
Jenny Wallace - Identifying Value at the Summit
04 Oct 2019
Contributed by Lukas
Today's conversation is with Jennifer Wallace, a wonderful expositor to the main ideas of value investing, but also a very deep thinker when it comes ...
Connecting Theory and Practice Through The 5x5x5 Student Investment Fund
26 Jul 2019
Contributed by Lukas
Today's conversation is with Tom Russo, the master of consumer brand investing, and two of our best students, Jeffrey Johnson and Michael Allison. We'...
Jean-Marie Eveillard - Taking a Top-Down Approach to Value Investing
12 Jul 2019
Contributed by Lukas
Today's conversation is with international value investor, Jean-Marie Eveillard. As portfolio manager of the Société Générale International Fund, ...
Christopher Davis - Investing with Curiosity
28 Jun 2019
Contributed by Lukas
Today's conversation is with the Chairman of Davis Advisors, Christopher Davis. Christopher oversees approximately $30 billion of client assets worldw...
David Abrams - Applying a Fundamental and Value-Oriented Approach to Investing
14 Jun 2019
Contributed by Lukas
Today's conversation is with investor David Abrams, who was described by the Wall Street Journal as a "one man wealth machine." David is the CEO and P...
Michael Mauboussin - Overcoming Biases for Effective Decision-Making
31 May 2019
Contributed by Lukas
Today's conversation is with one of the finest intellectual investors and academic at heart, Michael Mauboussin. Michael is the Director of Research a...
Tom Russo - The All-Important Power of Consumer Brands
17 May 2019
Contributed by Lukas
Today's conversation is with the master of consumer brand investing, Tom Russo. Tom is the Managing Member of Gardner Russo & Gardner LLC, Partner at ...
Mario Gabelli - Welcome to Value Investing with Legends!
16 Apr 2019
Contributed by Lukas
Today's conversation is with the legendary Mario Gabelli, the Chairman and Chief Executive Officer of GAMCO Investors, Inc., the firm he founded in ...