The Zen of Thrift Conversions on The Acquirer's Multiple podcast
- Jim
- Feb 1, 2021
- 1 min read
Updated: Mar 24, 2021
Recently I joined Tobias Carlisle at The Acquirer's Multiple podcast to chat about the new book, The Zen of Thrift Conversions, and how thrift conversions work. We discuss how to value thrifts, what kinds of returns you can expect, how to use activist investors to supercharge you returns and why this little niche of the market can continue to offer attractive risk-adjusted profits for investors. It's classic value investing, but with a catalyst in a potential buyout.
Really interesting article. I honestly didn't expect to spend so much time on it, but the way everything is explained makes it surprisingly engaging. It actually made me think about how often people struggle to find reliable inspiration. Not long ago I discovered https://krasatazdorovia.com/, and the practical approach reminded me a lot of what you're doing here. The practical nature of the content makes it much more valuable than many similar articles online. Looking forward to reading more from you.
Wow, thank you for the kind words, valu2day! May the book make you plenty of money!
Enjoyed the podcast. I don't know if Tobias was totally convinced, but you made a great case and your book is fantastic. I am not finished reading it yet, but it is by far the best book that has been written on small banks and thrifts