Avation Post-Mortem with Jeremy Raper $AVAP

The podcast features Jeremy Raper discussing a postmortem analysis of his investment in aviation leasing company AVAP. Raper details his long-standing interest in aircraft leasing, highlighting the sector's limited number of publicly investable companies and frequent undervaluation. He recounts identifying AVAP as an undervalued asset with a motivated seller, acquiring a 20% stake at a discount. Raper shares insights from his 18 months as an advisor, emphasizing the complexities of operational changes and interpersonal dynamics. He also addresses strategic shifts, including monetizing intangible assets and refinancing debt, while acknowledging a less-than-ideal exit despite overall gains due to rising aircraft values.