GCI Liberty and John Malone’s M&A Play with Chris Waller
The Special Situations Report Podcast Episode 55
We’re proud to release this week’s special episode, an interview with our wonderful guest, Chris Waller. Chris is the Founder and Portfolio Manager of Plural Investing. Before founding Plural, Chris worked in London at Goldman Sachs Asset Management, working as a member of the investment team for the Global and International Small Cap equity funds. He has an MBA from Columbia Business School and completed his bachelor’s degree at Oxford University.
Episode 55 of our weekly Special Situations Report Podcast with Chris Waller is out today and can be found on Spotify, YouTube and Apple Podcasts.
Our conversation with Chris centered around the case for GCI Liberty, beginning with the company’s complex origins as part of John Malone’s Liberty Media empire and as a spinoff from Liberty Broadband. We then dive into the company’s core business operations, offering broadband services in remote parts of Alaska.
We also spend most of our discussion covering the M&A play that lies at the crux of this thesis, and how John Malone seems to want to execute acquisitions in a similar fashion to the way the original Liberty Media was built up. This was one of the most comprehensive deep dives into a single business we’ve ever done on this podcast, and we hope our listeners enjoy this as much as we enjoyed recording it!
You can find Chris at the following locations:
LinkedIn: Chris Waller
Substack: Hidden Gems Investing
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