{"id":56505,"date":"2025-02-23T15:30:34","date_gmt":"2025-02-23T20:30:34","guid":{"rendered":"https:\/\/thedisciplinedinvestor.com\/blog\/?p=56505"},"modified":"2025-02-19T11:47:08","modified_gmt":"2025-02-19T16:47:08","slug":"tdi-podcast-self-licking-lollipops-909","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2025\/02\/23\/tdi-podcast-self-licking-lollipops-909\/","title":{"rendered":"TDI Podcast: Self-Licking Lollipops (#909)"},"content":{"rendered":"<p>Getting close to higher and higher highs&#8230;<\/p>\n<p>Economic reports holding strong!<\/p>\n<p>Oil on the move, VIX stable \u2013 what could go wrong?<\/p>\n<p>Guest: Vitaliy Katsenelson explains value investing and what he looks for in great stocks. His &#8220;Three Pillars&#8221; of quality are an important aspect of his research and what he looks for in companies that he plans to invest in for the long haul.<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-54929 size-medium aligncenter\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/10\/ApplePodcasts-300x100.png\" alt=\"TDI Podcast on Apple Podcasts\" width=\"300\" height=\"100\" srcset=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/10\/ApplePodcasts-300x100.png 300w, https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/10\/ApplePodcasts-610x204.png 610w, https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2021\/10\/ApplePodcasts.png 677w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><span style=\"color: #ff0000;\"><strong><em>NEW!<\/em> <\/strong><\/span><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2025\/02\/TDI-Notes-and-Summary-909.pdf\"><em><strong>DOWNLOAD THIS EPISODE\u2019S AI GENERATED SHOW NOTES (Guest <\/strong><\/em><em><strong>Segment<\/strong><\/em><em><strong>)<\/strong><\/em><\/a><\/p>\n<p><!--more--><\/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><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\/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>Vitaliy Katsenelson, 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 style=\"text-align: center;\"><strong>Check this out and find out more at: <a href=\"https:\/\/www.interactivebrokers.com\/\">http:\/\/www.interactivebrokers.com\/<\/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;\">More information available on Horowitz &amp; Company&#8217;s <strong><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/about-us\/tdi-strategy\/\">TDI Managed Growth Strategy<\/a><\/strong><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Stocks discussed this week &#8211; (GLD), (SLV), (OIL), (XLE), (UBER), (COIN)<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_9064\"><a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode909.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('9064','https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode909.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_episode909.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=56505-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode909.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode909.mp3\">Download<\/a> (Duration: 54:30 &#8212; 50.2MB)<\/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>Getting close to higher and higher highs&#8230; Economic reports holding strong! Oil on the move, VIX stable \u2013 what could go wrong? Guest: Vitaliy Katsenelson explains value investing and what he looks for in great stocks. His &#8220;Three Pillars&#8221; of quality are an important aspect of his research and what he looks for in companies [&hellip;]<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_9065\"><a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode909.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('9065','https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode909.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_episode909.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=56505-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"https:\/\/media.blubrry.com\/tdi_podcast\/thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode909.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode909.mp3\">Download<\/a> (Duration: 54:30 &#8212; 50.2MB)<\/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":56055,"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-56505","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\/56505","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=56505"}],"version-history":[{"count":2,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/56505\/revisions"}],"predecessor-version":[{"id":56508,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/56505\/revisions\/56508"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media\/56055"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=56505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=56505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=56505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}