# Behind the Balance Sheet

Page: https://stenobird.com/podcast/behind-the-balance-sheet-4149344
Text version: https://stenobird.com/podcast/behind-the-balance-sheet-4149344.md
RSS feed: https://anchor.fm/s/5f616d54/podcast/rss
Official site: https://www.behindthebalancesheet.com/podcasts
Author: Stephen Clapham's Podcast on Value Investing | Stockmarket Analysis | Equities
Episodes: 66

## Resource

We deconstruct the performance of world beating investors. A former Tiger Cub hedge fund partner interviews top hedge fund & long only managers & leading commentators. Past guests include John Armitage, Mario Gabelli & Bill Nygren. We explore how professionals analyse & value businesses, capital cycles, forensic accounting, pick stocks, construct portfolios, generate alpha & manage risk. For private investors, analysts, PMs & students who want serious financial education, sharper investing insights & to master equity research, fundamental analysis & value investing. https://bit.ly/btbspod

## Machine-readable

JSON: https://stenobird.com/v1/public/podcasts/behind-the-balance-sheet-4149344
Markdown: https://stenobird.com/podcast/behind-the-balance-sheet-4149344.md

## Episodes
- [#59 The "Permabear" - Jeremy Grantham on why he expects a market crash, navigating bubbles and giving away $1bn](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/59-the-permabear-jeremy-grantham-on-why-he-expects-a-market-crash-navigating-bubbles-and-giving-away-1bn) — 2026-05-21T04:33:00+00:00
- [#58 The Chart Guy - $4tn CIO Michael Cembalest on markets, AI and the impending rout in US Treasuries](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/58-the-chart-guy-4tn-cio-michael-cembalest-on-markets-ai-and-the-impending-rout-in-us-treasuries) — 2026-04-16T05:12:00+00:00
- [#57 The Behavioural Scientist - Rory Sutherland on Marketing, What Analysts Miss and Behavioural Economics](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/57-the-behavioural-scientist-rory-sutherland-on-marketing-what-analysts-miss-and-behavioural-economics) — 2026-03-22T22:29:47+00:00
- [#56 The Sculptor - Jonathan Tepper on 16 Stock Portfolios, Moats & Buying Oligopolies](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/56-the-sculptor-jonathan-tepper-on-16-stock-portfolios-moats-buying-oligopolies) — 2026-03-13T08:02:57+00:00
- [#55 The Pugilist - Terry Smith on Quality, Valuation & Long‑Term Compounding](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/55-the-pugilist-terry-smith-on-quality-valuation-long-term-compounding) — 2026-03-13T08:01:54+00:00
- [#54 The Innovation Fans - James Anderson & Morgan Samet on Finding the Next Ten‑Baggers](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/54-the-innovation-fans-james-anderson-morgan-samet-on-finding-the-next-ten-baggers) — 2025-12-18T04:34:00+00:00
- [#53 The Plodder - Tom Gayner on Building Markel and the Art of Long‑Term Compounding](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/53-the-plodder-tom-gayner-on-building-markel-and-the-art-of-long-term-compounding) — 2025-11-20T04:42:00+00:00
- [#52 The Traditionalist - Tim Guinness on Why Beating the Market is Easy](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/52-the-traditionalist-tim-guinness-on-why-beating-the-market-is-easy) — 2025-10-16T03:22:00+00:00
- [#51 The Franchise Fan - Nick Train on Durable Franchises and 20‑Year Holding Periods](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/51-the-franchise-fan-nick-train-on-durable-franchises-and-20-year-holding-periods) — 2025-09-18T03:37:00+00:00
- [#50 The Art Lover - Christopher Tsai on Growth Investing, Tesla & Collecting Ai Weiwei](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/50-the-art-lover-christopher-tsai-on-growth-investing-tesla-collecting-ai-weiwei) — 2025-08-21T03:50:00+00:00
- [#49 The $50bn Man - David Samra on Global Value & 20 Years of 4% Alpha](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/49-the-50bn-man-david-samra-on-global-value-20-years-of-4-alpha) — 2025-07-17T03:50:00+00:00
- [#48 The Independent Thinker - Dave Iben on Contrarian Value, Commodities & Emerging Markets](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/48-the-independent-thinker-dave-iben-on-contrarian-value-commodities-emerging-markets) — 2025-06-19T03:18:00+00:00
- [#47 The Relentless Improver - Gary Channon on 15‑Stock Portfolios, Half Price Stocks & Designing a Process for Better Decisions](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/47-the-relentless-improver-gary-channon-on-15-stock-portfolios-half-price-stocks-designing-a-process-for-better-decisions) — 2025-05-15T03:45:00+00:00
- [#46 The Numbers Lady - Jennifer Wallace on Cheap Quality, Turnarounds & a 7.8x 15 Year Track Record](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/46-the-numbers-lady-jennifer-wallace-on-cheap-quality-turnarounds-a-7-8x-15-year-track-record) — 2025-04-24T02:25:00+00:00
- [#45 The Chess Master - George Michelakis on Long‑Short Investing, Lifestyle Recession & Man Plus Machine](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/45-the-chess-master-george-michelakis-on-long-short-investing-lifestyle-recession-man-plus-machine) — 2025-03-20T05:16:00+00:00
- [#44 The Think Tank Manager - Dan Rasmussen on Private Equity, Base Rates & Evidence‑Based Investing](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/44-the-think-tank-manager-dan-rasmussen-on-private-equity-base-rates-evidence-based-investing) — 2025-02-20T05:32:00+00:00
- [#43 The Growth Investor - Tom Slater on Scottish Mortgage, China & the Mag 7](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/43-the-growth-investor-tom-slater-on-scottish-mortgage-china-the-mag-7) — 2025-01-23T05:35:00+00:00
- [#42 The Credit Expert - Greg Peters on ZIRP’s Legacy, Bonds, Covenants, & Equity vs Credit Risk](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/42-the-credit-expert-greg-peters-on-zirp-s-legacy-bonds-covenants-equity-vs-credit-risk) — 2024-12-23T08:52:00+00:00
- [#41 The Composer - Anthony Bolton on 28 Years of 19.5% Returns, Mistakes & Staying Humble](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/41-the-composer-anthony-bolton-on-28-years-of-19-5-returns-mistakes-staying-humble) — 2024-11-22T17:30:36+00:00
- [#40 The Chronicler - Lionel Barber on Masa Son, SoftBank, the FT & Wirecard](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/40-the-chronicler-lionel-barber-on-masa-son-softbank-the-ft-wirecard) — 2024-10-17T05:48:40+00:00
- [#39 The Optimizer - Bill Nygren on Modern Value Investing, the Mag 7 & Mistake Management](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/39-the-optimizer-bill-nygren-on-modern-value-investing-the-mag-7-mistake-management) — 2024-09-19T04:34:00+00:00
- [#38 The Cyclist - Peter Oppenheimer on Market Cycles, Secular Shifts & the Future of Equity Returns](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/38-the-cyclist-peter-oppenheimer-on-market-cycles-secular-shifts-the-future-of-equity-returns) — 2024-08-15T03:46:00+00:00
- [#37 The Analyst - John Armitage on 30 Years of Outperformance at Egerton Capital](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/37-the-analyst-john-armitage-on-30-years-of-outperformance-at-egerton-capital) — 2024-07-18T04:23:00+00:00
- [#36 The Runner - John Huber on Concentrated Value Investing, Capital Allocation & Revenue Growth Sweet Spots](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/36-the-runner-john-huber-on-concentrated-value-investing-capital-allocation-revenue-growth-sweet-spots) — 2024-06-20T04:40:00+00:00
- [E3 Carine Smith Ihenacho of Norges Bank IM](https://stenobird.com/podcast/behind-the-balance-sheet-4149344/e3-carine-smith-ihenacho-of-norges-bank-im) — 2024-05-26T07:29:00+00:00

## Actions

Episode pages expose an explicit `request_transcript` action. A page view does not automatically enqueue transcription.