On today’s episode, Kyle Grieve breaks down the contrarian investing philosophy of Anthony Bolton, revealing how he consistently outperformed the market by combining sentiment analysis, in-depth fundamental research, and a flexible yet disciplined portfolio strategy. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:27 - The traits Bolton observed in the best fund managers. 04:55 - Why incomplete knowledge can be a strength. 06:56 - A simple method for conviction-based portfolio reviews. 11:48 - What to do when your investments aren't working. 16:05 - The role of sentiment in Bolton’s investing edge. 22:40 - How to spot and avoid artificial conviction. 29:14 - Using bond prices to assess business risk. 31:18 - Why controlling your destiny matters in business. 35:45 - Insights Bolton gained from meeting company management. 01:00:45 - Three big mistakes—and what they taught him. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more ?here?. Join the exclusive ?TIP Mastermind Community? to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Read Investing Against The Tide here. Follow Kyle on ?X? and ?LinkedIn?. Check out all the books mentioned and discussed in our podcast episodes ?here?. Enjoy ad-free episodes when you subscribe to our ?Premium Feed?. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, ?The Intrinsic Value Newsletter?. Check out our ?We Study Billionaires Starter Packs?. Follow our official social media accounts: ?X (Twitter)? | ?LinkedIn? | ?Instagram? | ?Facebook? | ?TikTok?. Browse through all our episodes (complete with transcripts) ?here?. Try our tool for picking stock winners and managing our portfolios: ?TIP Finance Tool?. Enjoy exclusive perks from our ?favorite Apps and Services?. Learn how to better start, manage, and grow your business with the ?best business podcasts?. SPONSORS Support our free podcast by supporting our ?sponsors?: SimpleMining? ?Hardblock? ?AnchorWatch? ?DeleteMe? ?CFI Education? ?Vanta? ?Indeed? ?Shopify? ?Vanta? ?The Bitcoin Way? ?Onramp HELP US OUT! Help us reach new listeners by leaving us a ?rating and review? on ?Spotify?! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! ?https://theinvestorspodcastnetwork.supportingcast.fm? Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm