Randy Baron, lead Portfolio Manager for Pinnacle Associates Ltd's various international products, joins The Business Brew to discuss his investing philosophy. Randy is best known for international value investing and for publicly discussing Amyris. Amyris is an unprofitable company with a CEO that has a controversial reputation. But, it is a very interesting company backed by some very real investors.
Bill and Randy have spoken a few times over the past 2 years and Bill likes how Randy looks at the world. Bill was also curious about Amyris and how Randy's public support of the company has or has not influenced Randy's analysis. Randy is open and transparent on this podcast and it is a very entertaining, and informative, listen. We hope you enjoy.
Randy's official bio can be found at https://www.pinnacle-associates.com/team/randolph-baron
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Detailed Show Notes:
4:15 - Intro
10:15 - Long term investing and international valuations
15:10 - Why US companies are listing in the UK
19:25 - What is Wandisco
22:25 - Randy’s idea of where returns will come from
23:50 - A discussion on Amyris
36:23 - A socially responsible investing tangent
38:23 - Back to Amyris
43:43 - Why every CEO should promote their stock
45:23 - When the price of a stock price matters
49:33 - Why explaining why you own something is important to investors
57:23 - How to act
1:05:20 - Renalytix; potentially solving a big problem
1:09:20 - Sizing early stage bets
1:11:30 - Looking to EM for cheap, good ideas