{"id":54659,"date":"2021-03-28T17:06:25","date_gmt":"2021-03-28T21:06:25","guid":{"rendered":"https:\/\/thedisciplinedinvestor.com\/blog\/?p=54659"},"modified":"2021-03-28T17:06:25","modified_gmt":"2021-03-28T21:06:25","slug":"tdi-podcast-what-is-value-anyway-707","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2021\/03\/28\/tdi-podcast-what-is-value-anyway-707\/","title":{"rendered":"TDI Podcast: What Is Value Anyway? (#707)"},"content":{"rendered":"<p>Friday was best final hour surge for the markets in months and months.<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-257 alignright\" title=\"iTunes Subscribe\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2016\/07\/itunes_subscribe3.png\" alt=\"Itunes\" width=\"275\" height=\"60\" \/><\/a><\/p>\n<p>Yields take a breather as end of quarter rotation benefits fixed income.<\/p>\n<p>It is a celebration of our 14 year anniversary show \u2013 our good friend; Vitaly Katsenelson and bringing back the first guest we ever had on the show.<\/p>\n<p><!--more--><\/p>\n<hr \/>\n<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2016\/08\/Katsenelson.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" title=\"Katsenelson\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2016\/08\/Katsenelson.jpg\" alt=\"\" width=\"120\" height=\"90\" \/><\/a>Born \u00a0and raised in Murmansk, Russia (the home for Russia\u2018s northern navy fleet, think Tom Clancy\u2018s Red October). Immigrated to the US from Russia in 1991 with all his \u00a0family three brothers, father, and stepmother.<\/p>\n<p>His \u00a0professional career is easily described in one sentence: He invest, He educates, he writes, and he could not dream of doing anything else.<\/p>\n<p>He is Chief Investment Officer at <strong><a href=\"http:\/\/imausa.com\/\" target=\"_blank\" rel=\"noopener\">Investment Management Associates, Inc (IMA)<\/a><\/strong>, a value investment firm based in Denver, Colorado. After he received his \u00a0graduate and undergraduate degrees in finance (cum laude) from the University of Colorado at Denver, and finished his \u00a0CFA designation, he wanted to keep learning. He figured the best way to learn is to teach. At first he taught an undergraduate class at the University of Colorado at Denver and later a <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2016\/08\/Sideways-200-284.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-36872\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2016\/08\/Sideways-200-284.png\" alt=\"Sideways-200-284\" width=\"106\" height=\"150\" \/><\/a>graduate investment class at the same university that he designed based on his \u00a0day job.<\/p>\n<p>He found that the university classroom was not big enough, so he started writing. He writes a monthly column for Institutional Investor Magazine and he has \u00a0written articles for the Financial Times, Barron\u2018s, BusinessWeek, Christian Science Monitor, New York Post, and the list goes on.<\/p>\n<p>He was profiled in Barron\u2018s, and has \u00a0been interviewed by Value Investor Insight, Welling@Weeden, BusinessWeek, BNN, CNBC, and countless radio shows.<\/p>\n<p style=\"text-align: center;\"><a title=\"Contrarian Edge\" href=\"http:\/\/contrarianedge.com\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-25393\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2016\/08\/VK-Contrarian.jpg\" alt=\"VK Contrarian\" width=\"500\" height=\"66\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Vitaliy has authored the <a href=\"https:\/\/www.amazon.com\/gp\/product\/0470932937?ie=UTF8&amp;tag=contrarianedg-20&amp;linkCode=xm2&amp;camp=1789&amp;creativeASIN=0470932937\" target=\"_blank\" rel=\"noopener\">Little Book of Sideways Markets<\/a> (Wiley, 2010) and <a href=\"https:\/\/www.amazon.com\/Active-Value-Investing-Range-Bound-Markets\/dp\/0470053151\/ref=pd_bxgy_14_img_2?ie=UTF8&amp;psc=1&amp;refRID=XC2XSTVCSDGRG8HMK2M7\" target=\"_blank\" rel=\"noopener\">Active Value Investing<\/a> (Wiley, 2007).<\/p>\n<p style=\"text-align: center;\"><a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/vitaliyk\" data-size=\"large\" data-show-count=\"false\">Follow @vitaliyk<\/a><script async=\"\" src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<hr \/>\n<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/03\/FreemanBrian.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-54661 alignleft\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/03\/FreemanBrian-225x300.jpg\" alt=\"\" width=\"90\" height=\"120\" srcset=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/03\/FreemanBrian-225x300.jpg 225w, https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/03\/FreemanBrian.jpg 300w\" sizes=\"auto, (max-width: 90px) 100vw, 90px\" \/><\/a>Plus, a surprise visit from the first-ever guest on The Disciplined Investor Podcast, Mr. Brian Freeman. Brian is now retired after almost 50 years of broadcasting experience across various states and networks around the country. In this episode, we catch up with him to see how media has evolved over the years and his thoughts on being the first guest for this legendary podcast.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p style=\"text-align: center;\"><a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/andrewhorowitz\" data-size=\"large\" data-show-count=\"false\">Follow @andrewhorowitz<\/a><br \/>\n<script src=\"\/\/platform.twitter.com\/widgets.js\" async=\"\" charset=\"utf-8\"><\/script><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Interactive Brokers\u2019 Stock Yield Enhancement Program lets you earn extra income<br \/>\non fully-paid shares of stock in your brokerage account.<\/p>\n<p style=\"text-align: center;\"><strong>Learn More at <a href=\"http:\/\/www.ibkr.com\/syep\">http:\/\/www.ibkr.com\/SYEP<\/a><\/strong><a href=\"https:\/\/www.interactivebrokers.com\/mkt\/?src=tdi1&amp;url=%2Fen%2Findex.php%3Ff%3D1338\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-54327\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2020\/12\/InteractiveBrokers_logo1-e1607262448146.jpg\" alt=\"Interactive Brokers - Why IB?\" width=\"393\" height=\"87\" \/><\/a><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Looking for style diversification?<\/strong> More information on the <strong><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/tdi-strategy\/\">TDI Managed Growth Strategy<\/a> <\/strong>&#8211; https:\/\/thedisciplinedinvestor.com\/blog\/tdi-strategy\/<\/p>\n<p style=\"text-align: center;\"><strong><a href=\"https:\/\/envestology.com\/\">eNVESTOLOGY<\/a> Info<\/strong> &#8211; https:\/\/envestology.com\/<\/p>\n<p style=\"text-align: center;\"><strong>Friday Pre-Market Run-Down Webinar <a href=\"https:\/\/www.triggercharts.com\/webinar-pre-market-rundown-fridays\/\">Registration <\/a><\/strong>&#8211; https:\/\/www.triggercharts.com\/webinar-pre-market-rundown-fridays\/<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Stocks mentioned in this episode: &#8211;<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_9523\"><a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode707.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('9523','https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode707.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode707.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=54659-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode707.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode707.mp3\">Download<\/a> (Duration: 1:05:27 &#8212; 60.1MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Friday was best final hour surge for the markets in months and months. Yields take a breather as end of quarter rotation benefits fixed income. It is a celebration of our 14 year anniversary show \u2013 our good friend; Vitaly Katsenelson and bringing back the first guest we ever had on the show.<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_9524\"><a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode707.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('9524','https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode707.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode707.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=54659-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode707.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode707.mp3\">Download<\/a> (Duration: 1:05:27 &#8212; 60.1MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"author":1,"featured_media":54664,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[9,296],"tags":[482,297],"class_list":["post-54659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcasts","category-shownotes","tag-podcasts","tag-show-notes","et-has-post-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/54659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=54659"}],"version-history":[{"count":6,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/54659\/revisions"}],"predecessor-version":[{"id":54668,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/54659\/revisions\/54668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media\/54664"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=54659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=54659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=54659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}