The Hermit Podcast

We had a very interesting chat with mining expert Adrian Godas.Hope you enjoy!- Alejandro Yela, Principal Advisor, Equity Focus FIL This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hrmt.substack.com/subscribe

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hrmt.substack.com/subscribe

Welcome back dear fellow 🧙‍♂️ Hermits 👋We had an absolute blast yesterday giving a lecture that will surely go down in the annals of history… as the day we inspired absolutely no one at IE Tower 😂Jokes aside, huge thanks to Omar, Zach, and Frederik for organizing… and to everyone who showed up and tagged along 🙌 You guys posed fantastic questions! Hope to see you around,- 🧙‍♂️ The Hermit Team This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hrmt.substack.com/subscribe

Welcome back dear fellow 🧙‍♂️ Hermits 👋We encourage you to check out the full post with our complete thesis…Along with the supplementary material…Thank you to everyone who tuned into my live video! Please ❤️ and comment so that more people can discover and enjoy our Substack 😇 Join us for my next live video in the app. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hrmt.substack.com/subscribe

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hrmt.substack.com/subscribe

Day 4 – Valuation and Unlocking ValueAgenda* DCF* Comps and Precedents* Multiples* Application on Microcaps. Being approximately rights vs precisely wrong* Examples: Apple, Google, Calnano, Shelly, BluMetric* Introduction to Activism* Value generation mechanism: tenders, buybacks, spin-offs, governance plays, and aligned incentives (e.g. Constellation Software)* Examples: corruption greenmailing, Ackman Herbalife, etc.ResourcesBuffet on ReputationDamodaran on Value EnhancementsAt Home Sosin Activismhttps://www.businesswire.com/news/home/20210517005277/en/CAS-Investment-Partners-Sends-Letter-to-At-Home-Group%E2%80%99s-Board-of-DirectorsIcahn Greenmailinghttps://www.investopedia.com/articles/financial-theory/08/carl-icahn-lift.aspConstellation Execute Pay Schemehttps://www.csisoftware.com/docs/default-source/investor-relations/2023-agm/2023---csi-management-information-circular-en.pdf?sfvrsn=42371622_3/%202023---CSI-Management-Information-Circular-EN%20.pdf This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hrmt.substack.com/subscribe

Welcome back to 🧙‍♂️ The Hermit 🧙‍♂️Check this post and much more @ hrmt.substack.comAbout GISMONDI $GISGismondi 1754 is a historic luxury jewelry brand founded in Genoa, Italy, over 250 years ago. Known for its exceptional craftsmanship and timeless designs, the brand has remained family-owned through seven generations. Each piece is meticulously handcrafted, reflecting the rich tradition of Italian artistry.Under Massimo Gismondi's leadership, the brand has expanded globally, blending modern innovation with its storied heritage. Today, Gismondi 1754 continues to create exquisite jewelry that combines classic elegance with contemporary appeal, cherished by collectors and connoisseurs worldwide.ISIN: IT0005391138 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hrmt.substack.com/subscribe

Welcome back to 🧙‍♂️ The Hermit 🧙‍♂️Check this post and much more @ The HermitAbout LIMES $ETR:LIKLimes Schloss Kliniken operates private hospitals for psychiatry, psychotherapy, and psychosomatics services in Germany, Switzerland, and Lichtenstein. It focuses on the treatment of stress-related illnesses and mental and emotional disorders, such as depression, acute burnout, affective disorders, trauma/PTSD, anxiety disorders, attention deficit hyperactivity disorder, psychosis, chronic pain, obsessive-compulsive disorder, sleep disorder, somatoform disorder, and personality disorder. Limes was founded in 2005 and is headquartered in Cologne, Germany.Expect a full investment thesis on the company soon. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hrmt.substack.com/subscribe