Bob Robotti of Robotti & Company discussed investing in cyclical businesses and presented his investment theses on Louisiana-Pacific Corporation (US: LPX) and Westlake Chemical Corporation (US: WLK) at Best Ideas 2022.

Read a related interview with Bob in the Toronto Star.

slide presentation audio recording

About the instructor:

Bob Robotti is the Founder, President and CIO of Robotti & Company Advisors, a registered investment advisor based in New York City. Guided by the classic tenets of value investing, Robotti & Company Advisors uses a proprietary research approach to identify companies with solid balance sheets and the ability to generate significant amounts of free cash flow, yet are misunderstood, neglected, or just out-of-favor. Once identified, Robotti’s investment team focuses on deep primary industry and company research to select investment holdings through the lens of a long-term business owner. In this capacity, Bob is currently on the boards of AMREP Corporation (NYSE:AXR), Pulse Seismic Data Inc. (TSX: PSD) for which he also serves as Chairman, and Tidewater, Inc. (NYSE:TDW), and formerly was on the boards of Panhandle Oil & Gas Inc. (NYSE:PHX), and BMC Building Materials Holding Corporation, prior to the completion of its merger with Stock Building Supply Holdings, Inc. Prior to founding Robotti & Company in 1983, he was the CFO of Gabelli & Company. Bob holds a BS from Bucknell University and an MBA from Pace University.