Today’s guest is Bill Brewster. Bill is the founder and portfolio manager of Sullimar Capital Group.I’m excited to share our conversation as Bill’s quickly becoming one of my favorite investment thinkers. I found him on Twitter, and after following his tweets and blog, I reached out asking him to come on the show.During the conversation, we talk baseball, Charlie Munger, airlines and travel and everything in between.Here’s the timeline:
- [0:00 – 6:00] Who is Bill Brewster?
- [7:00 – 10:00] How Bill’s Investment Style Has Changed
- [11:00 – 19:00] Thinking About CEO Pay
- [20:00 – 27:00] The Power of Surviving
- [28:00 – 37:00] Lessons From Bill’s Mistakes
- [38:00 – 44:00] RH & Bill’s Investment Process
- [46:00 – 55:00] How Bill Thinks About Valuation
- [56:00 – 60:00] Capital Accounts Blog Post
- [61:00 – 72:00] Incremental Free Cash Flow & Industry Analysis
- [73:00 – End] Airline Industries & What Bill Would Tell Young Investors
Make sure you follow Bill on Twitter. His handle is @BillBrewsterSCGYou can also follow his blog at https://sullimarcapital.group/