How to Find Hidden Value When Markets Are Obsessed with AI

Welcome to How to Find Hidden Value When Markets Are Obsessed with AI a QuotedData webinar in partnership with Asset Value Investors ("AVI"), originally broadcast live from the London Stock Exchange on October 14th 2026. In conversation with Gavin Lumsden, Head of News at QuotedData, guests Joe Bauernfreund, CEO & CIO of AVI, and Ross McGarry, senior investment analyst at AVI, talk through AVI Global Trust's contrarian approach to investing, explain how they find companies trading for less than they're really worth, and what it takes to close that gap. Chapters 0:00 Introduction 1:38 Why AI Dominance Creates Opportunities for Hidden Value 4:43 How AVI Identifies Undervalued Companies 6:18 Active Ownership vs Passive Investing 7:28 Exor: Unlocking Value in a Diversified Holding Company 11:12 Exor: Understanding the Discount and Investment Opportunity 19:47 Japan and South Korea: Corporate Governance as a Catalyst 22:06 South Korea: Lessons from Japan’s Governance Reforms 22:52 Amorepacific: Investing in the Global Growth of K-Beauty 26:06 Understanding the Korea Discount 27:14 Amorepacific: Growth Potential and Shareholder Returns 28:14 YoungOne Corporation: Undervaluation and Activist Catalysts 30:44 Where AVI Sees Hidden Value in Today’s Market 32:20 Audience Q&A: Bio-Rad, Double Discounts and When to Sell 37:34 How AVI Avoids Value Traps 40:46 Shareholder Activism and Corporate Governance in South Korea 44:28 AVI’s Engagement with Companies and Local Research 48:25 Deeper Dive: D’Ieteren, Belron and Exor 52:40 Japan’s Investment Opportunity and Portfolio Positioning 54:16 Investment Companies: Chrysalis and Vivendi 59:01 Is AI Relevant to AVI’s Investment Process? 1:00:11 Why Invest in AVI Global Trust Rather Than a Global Tracker? 1:01:09 Closing Remarks