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Alluvial’s David Waters: Identifying Companies With Dirt Cheap Valuations

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Jacob Wolinsky
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ValueWalk's Raul Panganiban interviews David Waters, CFA, the CIO of Alluvial Capital. In this part, David discusses his views on diversification and concentration, passive versus active investing, weak corporate governance in Hong Kong, finding a lot of value in Europe, the lessons he learned from starting his blog, and his favorite books and hobbies.

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All right, and what are your views on diversification and concentration? How do you position your best ideas?

So I guess this kind of builds off of my previous state and a lot of managers love to run...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob worked as an equity analyst covering small caps, a micro-cap analyst, doing member development a large hedge fund community and freelance financial writing. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal id. Other methods of secure communication are also available. FD: I almost exclusively avoid the purchase of equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds. I will disclsoe if I have a stake in any company, but in general avoid