Andrew Walker, a PM at Rangeley Capital, author of Yet Another Value Blog, and host of Yet Another Value Podcast stopped by to discuss SPACs and his investment philosophy.  We are releasing this episode as a bonus because there are some elements of it that require a faster release than normal. Areas discussed were SPACs, sum of the parts analysis, Getting Better as an Investor, and the current market environment.  

Andrew has had an interesting career.  He's found "compounders," special situations, and everything in between.  He won the 2017 Sohn Idea Contest (that's a big deal for those that don't know) when "La Quinta (LQ) is sold its franchise business to Wyndham and spun off its owned hotel portfolio into a new REIT (CorePoint) in a taxable spin." You can see his presentation here: https://docs.google.com/presentation/d/10t7lVjWmNkkm7jwunh46nMLvfVsS4tYgAJrNcFd7DRg/edit#slide=id.p3

We hope you enjoy this bonus episode.