The Meb Faber Show: “3 Truths Every Value Investor Should Remember (Francois Rochon Reveals)”
The Meb Faber Show: “3 Truths Every Value Investor Should Remember (Francois Rochon Reveals)”
Subscribe to The Meb Faber Show podcast on your favorite platform so you never miss an episode! https://pod.link/1128955736
Today’s guest is Francois Rochon, the President of Giverny Capital, which has returned over 15% per year for over 30 years.
In today’s episode, Francois walks through the influence of Peter Lynch and Warren Buffett on his investment philosophy. He highlights three principles that have helped him navigate market cycles in his career: patience, humility and rationality. We also walk through some of the lessons learned from his investment mistakes, which he highlights in his annual letters.
To see links or read the transcript of the episode, visit us at: https://www.themebfabershow.com/episo…
(0:00) Starts
(0:48) Introducing Francois Rochon
(5:15) Tech bubble lessons
(10:13) Investment mistakes
(18:01) The real expenses of stock-based compensation
(25:01) Focus on company fundamentals in the long-run
(34:40) Evaluating Berkshire Hathaway
(41:43) Cryptocurrencies and value investing in art
(53:12) Handling bear markets
(56:42) Francois’ most memorable investments
—-
Have questions? Reach out to us any time at info@cambriainvestments.com.
—– Follow Meb:
Twitter: https://twitter.com/MebFaber
LinkedIn: https://www.linkedin.com/in/mebanefaber/
Website: http://mebfaber.com/
20250408
