Bryant Riley on investment strategy
From Riley Rosebee Talks With Brett Conrad · · StockMarketTV
“Dolingo is is is mine. I'm kind of betting on them now. They've been crushed lately. Um, and that's why I think they're in a really good spot to to buy. you know, their book value per share keeps going up, but there's just a lot of um fear, uncertainty, and doubt about how they're going to come out in this world of of AI and conversational AI. But I think they're in the best position to actually deliver on that promise for learning languages.”
On , Bryant Riley, Co-Founder, Chairman & Co-Chief Executive Officer at B. RILEY FINANCIAL INC, spoke about investment strategy during Riley Rosebee Talks With Brett Conrad on StockMarketTV.
About Bryant Riley
Bryant Riley, co-founder, chairman, and co-CEO of B. Riley Financial, discussed the company's 2023 financial results during a February 2024 earnings call. He stated that non-cash write-downs related to Targus and unrealized investment losses masked what he described as a strong year for the majority of the company's subsidiaries, noting that the company delivered increased revenues of over 50% to $1.6 billion and $368 million of operating EBITDA. Riley also said the company reduced its dividend by 50% to reinvest in the business, including repurchasing its debt. He mentioned that the company retained a firm to conduct a review of strategic alternatives for its appraisal and retail liquidation businesses, formerly known as Great American Group, and that the annual report on Form 10-K would be delayed due to the time and resources required for a review of a matter under scrutiny. In a December 2024 interview, Riley, who described himself as a full-time chef and father, spoke about his personal life, including his move from Los Angeles to Las Vegas in 2019 to expand his culinary career. He discussed the joy of being a father to his six-year-old son, stating that his son inspires him and that he values taking moments to "breathe, meditate" and appreciate each day. In earlier appearances, Riley emphasized the importance of fundamental research as the core of his firm, described the company as a contrarian investor that seeks value in companies that "everybody hates," and highlighted the firm's role in providing research, sales, trading, and advisory services to Nasdaq-listed companies.