INSIGHTS
OCT 2024
Focus in Value Investing: The Qualitau Case Study
ANGEL TRUST INVESTING PODCAST, HEBREW
We explored the power of a focused investment philosophy through the lens of LVP's core position in Qualitau – an TASE listed small-cap leader in semiconductor testing equipment. Omri highlights how Qualitau combines a growing market share, an expanding niche, and strong sector dynamics. He breaks down the company's moats, competitive advantages, and why value investors are uniquely positioned to unlock full potential, often outpacing even founding management. 25 minutes.
AUG 2024
What Makes an Investment Thesis a Winner?
INVESTMENT WITH VALUE PODCAST, HEBREW
Omri explains LVP's investment strategies, focusing on Fairfax and Cellebrite. Despite rising interest rates in early 2022, Fairfax's earnings and market cap grew. He outlines his evaluation criteria, including unit economics, competition, strategy, and management. Omri also explains what makes an industry appealing, such as business model, pricing, and market dominance. The episode covers quantitative sanity checks and when to sell. 74 minutes.
MAY 2024
Navigating Business Dynamics Towards Exceptional Returns
GEEKONOMY PODCAST, HEBREW
Omri joins Reem Sherman to discuss Apollo, Fairfax, and competitive dynamics in the digital economy. He highlights LVP’s focused investment approach and Apollo's resilience during the 2022 market turmoil. Omri explains how focusing on liquidity and financial structures helped navigate rising interest rates. They also explore capital allocation and product strategies of Apple and Facebook. 129 minutes.
MAY 2024
Opera’s Strategy Under Europe’s Game-Changing Digital Markets Act
THE NATIONAL MONEY WITH AVI STERN ON RELEVANT TV, HEBREW
We explored the Digital Markets Act, a transformative European regulation reshaping the competitive dynamics between Big Tech gatekeepers like Apple and Google and the broader digital economy. We highlighted Opera, a core position in LVP’s portfolio, leveraging its innovative user engagement and strategic positioning to thrive under the DMA. 15 minutes.
MAR 2024
Is Nvidia's Multi-Trillion Market Cap Sustainable?
THE NATIONAL MONEY WITH AVI STERN ON RELEVANT TV, HEBREW
Omri discusses NVIDIA's recent milestone of reaching a $2 trillion market valuation. While acknowledging the company's technological lead and strategic partnerships with giants like TSMC and ARM, Omri also questions whether NVIDIA can maintain this valuation amid fierce competition and market dynamics. He highlights NVIDIA's impressive and atypical 75% gross margin on GPUs and explores how NVIDIA's asset-light model and robust software might help sustain its market dominance.
JAN 2024
Live Nation's Market Power Amidst Controversy
THE NATIONAL MONEY WITH AVI STERN ON RELEVANT TV, HEBREW
Omri and Avi’s conversation discussed LVP’s focus on strong business models that create natural monopolies. Despite the controversy surrounding Live Nation, including its clash with Taylor Swift fans and a DOJ antitrust investigation, the company’s competitive advantages remain strong. Live Nation’s stock performed well in 2023, and Omri emphasized why it remains a core holding in LVP’s portfolio. 15 minutes.
AUG 2023
Walking Through a Hedge Fund Manager Mindset
MONEY TALKS PODCAST, HEBREW
Following LVP's recognition in Calcalist's top hedge fund performers, for the first half of 2023, Omri joined the Money Talks team for a compelling conversation. Topics included the fund's formative years, strategies for maintaining prime performance, favorable business models, LVP's portfolio management, and a case study on the fund's investment in Live Nation Entertainment Inc. 80 minutes.
JUN 2022
Practicing Conviction in Amazon
THE NOAM MADAR'S PODCAST, HEBREW
After peaking during the summer of 2020, Amazon's share price performance has lagged behind major tech companies and indices. The business's massive earnings potential and moat expansion are being obscured by confusion from COVID pull-forward in retail revenues and macroeconomic concerns. However, the new environment is very accretive to the company's moat. 72 minutes.
MAY 2022
Apollo: Owning The Private Equity Oligopoly
THE NOAM MADAR'S PODCAST, HEBREW
After an insightful conversation about the origins of LVP and the current state of the markets, Omri and Noam took a deep dive into the attractive yet often misunderstood business models, moats, and growth profiles of top public private equity management companies: Apollo, KKR, and Brookfield Asset Management. 60 minutes.
JAN 2022
Telsys: A One-of-a-Kind Global Niche Leader, Cheap Yet Again
BEST IDEAS 2022 CONFERENCE BY MOI GLOBAL, ENGLISH
Telsys, an Israeli company, controls the privately held Variscite, a leader in the global ARM-based System-On-Module (SOM) market, a highly attractive and profitable semiconductor sector niche ($1.5B TAM). The 2021 global chip shortage created an overlooked opportunity in Telsys stock, as the company significantly expanded its moat while the market focused on short-term growth bottlenecks.
AUG 2021
Understanding the Most Attractive Part in the Value Chain
THE VALUE HIVE PODCAST, ENGLISH
A detailed examination of LVP's strategy in investing in niche leaders within the Semiconductor's WFE (Wafer Fabrication Equipment) and Testing field, as well as in Facebook, was followed by a discussion on the origins and advantages of the Israeli Tech Ecosystem. 97 minutes.
JAN 2021
Salesforce.com: The Forgotten "Mega-Tech"
BEST IDEAS 2021 CONFERENCE BY MOI GLOBAL, ENGLISH
With a wide and expanding moat around its CRM applications, a growing TAM and an excellent track record of capital Re-investments (Organic and through M&As), Salesforce.com's World-Class dominance is still very under-appreciated.
APR 2020
Targeting the Finest Risk-Reward Opportunities Post the COVID-19 Markets Turmoil
FINANSIM PODCAST, HEBREW
While the COVID crisis caused historic market disruptions, it also presented a unique opportunity for significant alpha in stock picking. Omri discussed LVP's preference for businesses experiencing massive growth and being financially net-positive amid the evolving global economy. 33 minutes.
JAN 2020
Formula Systems: Unlocking Value in Vertical Software Investing
BEST IDEAS 2020 CONFERENCE BY MOI GLOBAL, ENGLISH
Formula Systems, an enterprise software holding company based in Israel, leverages its unique structure and focus to create significant data, financial, and strategic advantages rarely seen in the software industry. The company has several catalysts on the horizon over the next 24 months.
OCT 2019
Different Agendas and Business Models Drive the Video Streaming Giants
INVESTOR ROUND TABLE, HEBREW
Netflix's historic rise to a global pole position in video streaming has ignited an arms race of content and technology investments from tech giants like Amazon and Hollywood studios such as Disney and Warner. However, the path to dominance in this battle is anything but straightforward.
APR 2019
The search for unique, hard to replicate, business footprints and the case for Quality focused Investing
FINANSIM PODCAST, HEBREW
A discussion on how "leveling the playing field" tech companies like Amazon's AWS and Variscite, controlled by LVP's long-term Israeli holding Telsys Ltd., are unlocking massive value for their customers while establishing a wide economic moat around their businesses. 38 minutes.
JUN 2018
ADO Group: The Pure Berliner
WIDE MOAT INVESTING 2018 SUMMIT BY MOI GLOVAL, ENGLISH
Berlin might be the most attractive residential real estate market globally, and ADO Group, an Israeli company, is solely focused there with a platform of 23,000 units. An evolving shareholders' proxy battle is poised to narrow its over 30% discount to NAV soon.
