About Us
Thank you for attending our recent Robotti Global Strategy Annual Meeting, held on December 10, 2020. Over the coming days and weeks, we will be sharing highlights from the Robotti Global Strategy Annual Meeting at which Portfolio Manager Isaac Schwartz presented along with Senior Investment Associate, Theo van der Meer. To start off, Isaac shares his views on the modern ‘David & Goliath’ story within his portfolio.
“Well, Spotify, I would say, is a double David-and-Goliath because it’s Spotify against Apple Music, Amazon Music, and then it’s just the music streaming industry versus ‘big music’ and the established way that the music industry operated. [I]t’s interesting actually to think about all of the companies we’ve been talking about today have some element of that.”
– Isaac Schwartz, Portfolio Manager, Robotti Global Strategy
Please click HERE to watch the full recording of the Robotti Global Strategy Annual Meeting.
For the full transcript of the 2020 Robotti Global Strategy Annual Meeting, click HERE.
Additionally, Isaac spoke to the ‘long runway’ he sees in his flexible & focused portfolio.
“You will find lots of opportunities in different places where we have done work but it is not necessarily manifested in the portfolio today. And yes, you don’t know when the opportunity arises. Our biggest position for several years starting in 2015 was a company that I had done a deep dive into in 2004, and it was in a market that we had never invested in and then suddenly it became our largest investment 11 years later.”
– Isaac Schwartz, Portfolio Manager, Robotti Global Strategy
Happy Holidays!