Gobinath Balasubramanian's guest appearances

Gobinath Balasubramanian

The Intelligent Investing Podcast

Topics trial: Investing

Warren Buffett

Nick Berry

Andrew Walker

David Yarus

Gregory Zuckerman

Ann Hambly

Peter McCormack

Tom Jacobs

Brian Langis

Tobias Carlisle

Vitaliy Katsenelson

Guy Spier

Jack Bosch

Andrew Sather

Scott Thompson

OwlTail

Thomas Cook

Fairfax India

If you like this podcast, please consider subscribing on: Apple Podcasts Stitcher TuneIn  Spotify Podbean iHeart Radio   SummaryEric Schleien sits down with Gobinath Balasubramanian. We discuss Fairfax India and Thomas Cook India.  Other interviews with Gobinath on The Intelligent Investing Podcast: A Take-Under In Russia; A Cheap Mexican Cable Company That Will Make Its Market Cap Back In 5 Years  Value Investing In India  About GobinathGobinath Balasubramanian is the Chief Investment Officer of GB Investments LLC, which he founded in 2016. Gobinath is a graduate from The University of Tampa – Sykes School of Business in Tampa, FL where he earned his Masters Degree in Finance.  He performed his undergraduate studies at St. Peters Engineering college, in Chennai, India, earning a Bachelor of Engineering degree in Electronics and Communication.  He holds the Series 65 license. You can reach Gobinath on his LinkedIn or through his website for GB Investments. You can also see Gobinath’s first podcast on The Intelligent Investing Podcast, here.Contact Eric SchleienOf course, if you’d like to connect with me directly, I always love connecting with listeners of the Intelligent Investing Podcast on my personal Twitter. You can also connect with me on Facebook, Instagram, or through my personal website. To follow The Intelligent Investing Podcast, click here.   Thanks!

If you like this podcast, please consider subscribing on: <ul><li><a href="https://podcasts.apple.com/us/podcast/the-intelligent-investing-podcast/id1205082419?mt=2" rel="nofollow" target="_blank">Apple Podcasts</a></li> <li><a href="https://www.stitcher.com/podcast/the-intelligent-investing-podcast" rel="nofollow" target="_blank">Stitcher</a></li> <li><a href="https://tunein.com/podcasts/Business--Economics-Podcasts/The-Intelligent-Investing-Podcast-p1163031/" rel="nofollow" target="_blank">TuneIn</a> </li> <li><a href="https://open.spotify.com/show/4ZQWW3Ezl5VwhTz2dNqW5a?si=K9oTUSa7S4-fhzd0AwXqvQ" rel="nofollow" target="_blank">Spotify</a></li> <li><a href="https://intelligentinvesting.podbean.com/" rel="nofollow" target="_blank">Podbean</a></li> <li><a href="https://www.iheart.com/podcast/256-the-intelligent-investing-31088341/" rel="nofollow" target="_blank">iHeart Radio</a></li> </ul>  Summary Eric Schleien sits down with Gobinath Balasubramanian. We discuss Fairfax India and Thomas Cook India.  Other interviews with Gobinath on The Intelligent Investing Podcast: <ol><li> <a href="https://ericschleien.com/podcast/gobinath-balasubramanian-a-take-under-in-russia-a-cheap-mexican-cable-company-that-will-make-its-market-cap-back-in-5-years/" rel="nofollow" target="_blank">A Take-Under In Russia; A Cheap Mexican Cable Company That Will Make Its Market Cap Back In 5 Years</a> </li> <li><a href="https://ericschleien.com/podcast/value-investing-in-india-gobinath-balasubramanian/" rel="nofollow" target="_blank">Value Investing In India</a></li> </ol> About Gobinath Gobinath Balasubramanian is the Chief Investment Officer of GB Investments LLC, which he founded in 2016. Gobinath is a graduate from The University of Tampa – Sykes School of Business in Tampa, FL where he earned his Masters Degree in Finance.  He performed his undergraduate studies at St. Peters Engineering college, in Chennai, India, earning a Bachelor of Engineering degree in Electronics and Communication.  He holds the Series 65 license. You can reach Gobinath on his <a href="https://www.linkedin.com/in/gobinath-balasubramanian-ab8a528" rel="nofollow" target="_blank">LinkedIn</a> or through his website for <a href="http://www.gbinvestmentsllc.com/p/home.html" rel="nofollow" target="_blank">GB Investments</a>. You can also see Gobinath’s first podcast on The Intelligent Investing Podcast, <a href="https://ericschleien.com/podcast/value-investing-in-india-gobinath-balasubramanian/" rel="nofollow" target="_blank">here</a>.Contact Eric Schleien Of course, if you’d like to connect with me directly, I always love connecting with listeners of the Intelligent Investing Podcast on my personal <a href="https://twitter.com/ericschleien" rel="nofollow" target="_blank">Twitter</a>. You can also connect with me on <a href="https://www.facebook.com/ericschleien" rel="nofollow" target="_blank">Facebook</a>, <a href="https://www.instagram.com/ericschleien/" rel="nofollow" target="_blank">Instagram</a>, or through my <a href="https://ericschleien.com/" rel="nofollow" target="_blank">personal website</a>. To follow The Intelligent Investing Podcast, click <a href="https://ericschleien.com/podcast/" rel="nofollow" target="_blank">here</a>. Thanks!

#79: Gobinath Balasubramanian | Fairfax India | Thomas Cook India

Eric Schleien sits down with Gobinath Balasubramanian. We discuss an interesting mistake Gobinath made buying a Russian Media company as well as one of his largest holdings, Grupo Televisa. The Russian company was CTC Media and is one of the largest broadcasting companies in Russia. At the time, the company looked cheap. The business had no debt and was spitting out lots of free cash flow. This was during the time of the most recent Russian Oil Embargo when pretty much all Russian stocks plummeted. So here you have a strong business, a beaten down stock, returns on capital of ~50%, and a valuation of under 10x FCF. So what could go wrong? Well, it's Russian equity markets....so lots! Russia proposed a rule saying that non-Russian owners could not own Russian media companies anymore. Therefore, poor Gobinath was forced to sell the stock 6 months later (tear-jerk). Eric and Gobinath also discuss one of the largest media companies in Mexico, Grupo Televisa (TV). This is one of Gobinath's largest positions making up about 8% of his fund. At the time of this recording you could make the argument that each division could potentially be worth the current market cap.Grupo Televisa DivisionsContent Division: 700m EBITDA Broadband Division: 850m EBITDA Other Businesses: 400m EBITDA Univision Royalty Stream of 16.5% of Total Sales. Total sales of Univision: $3B USD. Royalty = 450m (straight to the bottom line). Total Market Cap of Grupo Televisa: ~5B USD Furthermore, the Gobinath likes the fact that management is buying back stock and that the companies founder's son owns 16%. In addition, the Bill &amp; Melinda Gates Foundation own shares as well as Oakmark. Also, the company will make likely make back its market cap in cash within 5 years. Gobinath Balasubramanian is the Chief Investment Officer of GB Investments LLC, which he founded in 2016. Gobinath is a graduate from The University of Tampa – Sykes School of Business in Tampa, FL where he earned his Masters Degree in Finance.  He performed his undergraduate studies at St. Peters Engineering college, in Chennai, India, earning a Bachelor of Engineering degree in Electronics and Communication.  He holds the Series 65 license. You can reach Gobinath on his LinkedIn or through his website for GB Investments. You can also see Gobinath's first podcast on The Intelligent Investing Podcast, here.Contact Eric SchleienOf course, if you'd like to connect with me directly, I always love connecting with listeners of the Intelligent Investing Podcast on my personal Twitter. You can also connect with me on Facebook, Instagram, or through my personal website. To follow The Intelligent Investing Podcast, click here.

Eric Schleien sits down with Gobinath Balasubramanian. We discuss an interesting mistake Gobinath made buying a Russian Media company as well as one of his largest holdings, Grupo Televisa. The Russian company was CTC Media and is one of the largest broadcasting companies in Russia. At the time, the company looked cheap. The business had no debt and was spitting out lots of free cash flow. This was during the time of the most recent Russian Oil Embargo when pretty much all Russian stocks plummeted. So here you have a strong business, a beaten down stock, returns on capital of ~50%, and a valuation of under 10x FCF. So what could go wrong? Well, it's Russian equity markets....so lots! Russia proposed a rule saying that non-Russian owners could not own Russian media companies anymore. Therefore, poor Gobinath was forced to sell the stock 6 months later (tear-jerk). Eric and Gobinath also discuss one of the largest media companies in Mexico, Grupo Televisa (TV). This is one of Gobinath's largest positions making up about 8% of his fund. At the time of this recording you could make the argument that each division could potentially be worth the current market cap.Grupo Televisa Divisions <ol><li>Content Division: 700m EBITDA</li> <li>Broadband Division: 850m EBITDA</li> <li>Other Businesses: 400m EBITDA</li> <li>Univision Royalty Stream of 16.5% of Total Sales. Total sales of Univision: $3B USD. Royalty = 450m (straight to the bottom line).</li> </ol> Total Market Cap of Grupo Televisa: ~5B USD Furthermore, the Gobinath likes the fact that management is buying back stock and that the companies founder's son owns 16%. In addition, the Bill &amp; Melinda Gates Foundation own shares as well as Oakmark. Also, the company will make likely make back its market cap in cash within 5 years. Gobinath Balasubramanian is the Chief Investment Officer of GB Investments LLC, which he founded in 2016. Gobinath is a graduate from The University of Tampa – Sykes School of Business in Tampa, FL where he earned his Masters Degree in Finance.  He performed his undergraduate studies at St. Peters Engineering college, in Chennai, India, earning a Bachelor of Engineering degree in Electronics and Communication.  He holds the Series 65 license. You can reach Gobinath on his <a href="https://www.linkedin.com/in/gobinath-balasubramanian-ab8a528" rel="nofollow" target="_blank">LinkedIn</a> or through his website for <a href="http://www.gbinvestmentsllc.com/p/home.html" rel="nofollow" target="_blank">GB Investments</a>. You can also see Gobinath's first podcast on The Intelligent Investing Podcast, <a href="https://ericschleien.com/podcast/value-investing-in-india-gobinath-balasubramanian/" rel="nofollow" target="_blank">here</a>.Contact Eric Schleien Of course, if you'd like to connect with me directly, I always love connecting with listeners of the Intelligent Investing Podcast on my personal <a href="https://twitter.com/ericschleien" rel="nofollow" target="_blank">Twitter</a>. You can also connect with me on <a href="https://www.facebook.com/ericschleien" rel="nofollow" target="_blank">Facebook</a>, <a href="https://www.instagram.com/ericschleien/" rel="nofollow" target="_blank">Instagram</a>, or through my <a href="https://ericschleien.com/" rel="nofollow" target="_blank">personal website</a>. To follow The Intelligent Investing Podcast, click <a href="https://ericschleien.com/podcast/" rel="nofollow" target="_blank">here</a>.

#67: Gobinath Balasubramanian; a take-under in Russia; a Cheap Mexican Cable Company That Will Make its Market Cap Back in 5 years

Episode 5, Eric Schleien interviews Gobinath Balasubramanian. We discuss everything from value investing in India to finding value in niche situations. Gobinath Balasubramanian is the Chief Investment Officer of GB Investments LLC, which he founded in 2016.Gobinath is a graduate from The University of Tampa – Sykes School of Business in Tampa, FL where he earned his Masters Degree in Finance.  He performed his undergraduate studies at St. Peters Engineering college, in Chennai, India, earning a Bachelor of Engineering degree in Electronics and Communication.  He holds the Series 65 license.

Episode 5, Eric Schleien interviews Gobinath Balasubramanian. We discuss everything from value investing in India to finding value in niche situations. Gobinath Balasubramanian is the Chief Investment Officer of GB Investments LLC, which he founded in 2016.Gobinath is a graduate from The University of Tampa – Sykes School of Business in Tampa, FL where he earned his Masters Degree in Finance.  He performed his undergraduate studies at St. Peters Engineering college, in Chennai, India, earning a Bachelor of Engineering degree in Electronics and Communication.  He holds the Series 65 license.

Value Investing in India - Gobinath Balasubramanian, Chief Investment Officer of GB Investments