Best Idea Show - David Marcus, Evermore Global Advisors - Do You Sell Things That You Like To Buy Things That You Now Love? | #285

Published: Feb. 3, 2021, 6 p.m.

b'In episode 285, we welcome our guest David Marcus, the co-founder and Chief Investment Officer of Evermore Global Advisors, where he manages the Evermore Global Value Fund. In today\\u2019s episode, we\\u2019re talking about David\\u2019s best idea: special situations in Europe.\\nDavid\\u2019s been investing in Europe for almost his entire career and thinks now is the best opportunity for special situations he has ever seen. First, he explains what it was like for him to watch legendary investor Michael Price navigate the 1987 crash. Then David explains what led him to start Evermore Global and the firm\\u2019s investment philosophy. He touches on the different types of special situations he focuses on, including spinoffs, restructurings, and breakups, and why activism, catalysts, and cheaper valuations make Europe especially attractive.\\nAs the conversation winds down, David talks about some of his current holdings and the benefits of investing in family-owned businesses.\\nPlease enjoy this special \\u201cBest Ideas\\u201d episode with Evermore Global Advisor\\u2019s David Marcus.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'