Equity Mates Investing Podcast

Expert: Yen Liow - Honestly, everyone MUST listen to this

14 snips
Nov 24, 2021
Yen Liow, Managing Partner at Aravt Global LLC, shares his investment wisdom honed through years of experience. He emphasizes the significance of investing in emergent monopolies with growth potential and discusses his unique approach to portfolio design. Yen reflects on lessons learned at Bain and Ziff Brothers, focusing on character in hiring. He also delves into tech insights with stocks like Semler Scientific and Keywords Studios, and shares his vision for the future of payments and blockchain. Plus, he offers a reading recommendation and advice for aspiring investors.
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INSIGHT

Choose Growing Monopolies, Not Established Slugs

  • Focus on monopolies that can still grow rapidly rather than slow incumbents.
  • Monopolies preserve unit economics and make outcomes more predictable in liquid markets.
ADVICE

Spend Time Where Work Predicts Results

  • Avoid spending thousands of hours on low‑quality, highly competitive cyclical businesses.
  • Study high‑quality, defensible companies where effort links clearly to future outcomes.
ANECDOTE

Semler Scientific: Med‑Tech With Big Upside

  • Yen pitched Semler Scientific: a med‑tech with 91% gross margins and low penetration of its TAM.
  • He argued it disrupts standard care with huge ROI for clients and significant growth runway.
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