Episode 11

full
Published on:

6th Jul 2021

Bharat Kanodia - The Importance of a Company's Story and Being an Infinite Player

Sipping and chatting with host James Vermillion is Bharat Kanodia, owner of Veristrat Inc. While enjoying a glass of Old Carter, Batch 9, James and Bharat chat about the keys to a billion-dollar valuation, the importance of company cultures, Software-as-a-Service, investing in private and public companies, working towards happiness, and being an infinite player.

Bharat has valued over 2000 businesses, real estate, industrial, governmental infrastructure, public and private companies. Some unique assets appraised by Bharat include - the Golden Gate Bridge, Atlanta Airport, Uber, Airbnb, Yahoo!, Brooklyn Bridge, Mirage Casino LV, among many others.

He has signed off on over 4,500 valuations with $2.6 trillion in assets globally. Bharat lives in the San Francisco Bay area with his family and enjoys sailing, golfing, skiing, and horseback riding.

[01:08] - Introducing Bharat Kanodia

[02:30] - What we’re sipping – Old Carter Bourbon, Batch 9

[05:20] - Tangible and non-tangible assets – appraising a variety of assets

[14:26] - Numbers are easy! The importance of “the story”

[20:00] - Key to a billion-dollar valuation

[28:15] -  “The secret of getting ahead is getting started”

[30:02] -  Software-as-a-Service – “online commercial real estate”

[41:40] - Venture capital – media vs. reality

[44:30] - Appraising businesses with little or no revenue

[53:20] -  Wealth – “approaching infinity”

[56:30] - “Be an infinite player” – don’t play quarter to quarter

Links:

www.bullsbearsandbourbon.com

www.vermillionprivatewealth.com

https://www.youtube.com/c/whatsitworth

https://www.veristrat.com/

**The information in this podcast is educational and general in nature and does not take into consideration the listener’s personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional before making a final decision. Thanks for listening.

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About the Podcast

Bulls, Bears, and Bourbon
The Investing Show with a Buzz
We're taking the edge off investing with fun conversations, special guests, current events, investing tips, and more. This new-school financial podcast will focus on innovation-based investing strategies and disruptive technology, all with a little buzz. Based in Kentucky, we'll sip on excellent bourbons and discuss pertinent topics with fun and interesting people. Nope, this isn't the stuffy financial discussions you're used to, this is new-school investing, with a twist. So break out your favorite bottle, relax, and join us. Cheers!

The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a final decision. Thanks for listening.

About your host

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James Vermillion

I like finance and I love bourbon! As I teenager I became fascinated with investing. I’m not sure what ignited this intrigue, but it was one of the best things to ever happen to me. I read every investing book I could get my hands on and when I came home from school, I rushed to see what happened in the financial markets. Years later, this fascination continues. After working in the industry for several years I started my own firm, Vermillion Private Wealth, in 2020. With Bulls, Bears, and Bourbon I hope to make talking about investing fun by adding delicious bourbon, great guests, and lively conversation.