In this episode, I interview the founder of Siegel Asset Management Partners, Yves Siegel. We discuss the energy sector, specifically midstream companies. Yves shares with us his guidelines for investing in energy dividend stocks.
Yves has been recognized several times by The Wall Street Journal’s “Best on the Street” survey for stock picking, and in 2018 received the “Ammys” Hall of Fame award in Research and Analysis, an honor recognizing excellence and contributions to the North American energy infrastructure sector.
Additionally, Yves contributes to mainstream media including CNBC, The Wall Street Journal, and The New York Times as a recognized expert in asset management and investment strategy.
We talk about dividend investing, how to select the right stocks, and investor behaviour. You’ll find today’s episode both educational and inspiring.
I also cover the following topics in this episode:
- Introduction to Yves Siegel
- Yves’s area of focus
- What are midstream energy companies?
- Is there a future in oil and gas?
- What are the by-products of petrochemicals?
- What is the number one way to generate large amounts of electricity?
- The importance of energy independence in the US
- Do fossil fuel companies invest in renewable energy?
- Before investing in companies, what do you look for?
- The importance of looking at cashflow
- What makes a strong balance sheet?
- Looking at the fundamentals of a business
- The importance of a quality management team
- How do you know if the management is high quality?
- How do you ensure that the dividend is sustainable?
- What is ESG?
- What is the CBOE Volatility Index (VIX) “fear index”?
- Why should we care about the VIX?
- Is there a direct correlation between the VIX and market value?
- The importance of investor psychology and mindset?
- How do you become a confident investor?
- What would cause you to sell your stocks?
- What made you want to teach a course on behavioural finance?
- How do people make investing decisions?
- What is the number one mistake young investors make?
- Yves’s eight principles
How to get in touch with Yves: 1. Website: https://www.siegelassetmgt.com/
2. SAM’s eight principles: https://www.siegelassetmgt.com/principles
