Episode #52: Jason Hsu, “This is a Market Where the Average Human Tendencies Are Precisely the Wrong Thing to Do”

Episode #52: “This is a Market Where the Average Human Tendencies Are Precisely the Wrong Thing to Do”     Guest: Jason Hsu. Jason is chairman and CIO of Rayliant Global Advisors and vice chairman of Research Affiliates. Based in Hong Kong, Rayliant Global Advisors is an investment management firm focused on smart beta strategies tailored to the Asian markets as well as Chinese equity...

CAPE Ratio, Why Have Thou Forsaken Me?

A lot of people look at this bull market, valuations, and think somehow that value has forsaken us.  And that the much discussed CAPE ratio doesn't work.  They look at the CAPE ratio, at a current value of about 30 in the US, and think somehow that markets rising along with multiples expanding somehow invalidates the CAPE ratio.  (We'll...

Episode #51: Mark Kritzman, “We Have to Question the Assumptions that Underpin Our Models… Nothing is Simple”

Episode #51: “We Have to Question the Assumptions that Underpin Our Models… Nothing is Simple”       Guest: Mark Kritzman. Mark is a Founding Partner and Chief Executive Officer of Windham Capital Management, LLC, the Chairman of Windham’s investment committee, and a driving force behind Windham Labs. He is responsible for managing research activities and investment advisory services. He is also a...

A Bar Too High

For stocks to meet expectations over next 10 years, valuations must rise to highest they've ever been in history. That's quite a statement.  But it's not my math.  The formula comes from the founder of index investing and steward of the largest buy and hold investment company in the world...John Bogle. Some background: Last year we penned a post on "The John...

BBQ and Brews

Hosting a fun fintech meetup next week if you find yourself in LA...Wed May 17th, come say hello! RSVP and DETAILS HERE    

The Forever Fund

Most investors say they are investing for the long haul.  They say they have a 10-50 year time horizon, but act emotionally on a time frame of weeks, quarters, and years.  So how do you combat these behavioral temptations of chasing performance?  How do you incentivize investors to behave in their own best interest? Our friends at Ritholtz have a...

Episode #50: Radio Show: Faber Spin-Off Executed

Guest: Episode #50 has no guest, but is co-hosted by Jeff Remsburg. Date Recorded: 5/1/17 Run-Time: 1:09:46 Episode Sponsor: Wunder Capital and Soothe To listen to Episode #50 on iTunes, click here To listen to Episode #50 on Stitcher, click here To listen to Episode #50 on Pocket Casts, click here To listen to Episode #50 on Google Play, click here To stream Episode #50, click here Comments...

Paying For A Filet, And Getting Bologna

Most of you reading this are old enough to remember the Beech-Nut fake apple juice scandal in the 1980s.  (I'm not, but Jeff wrote the intro and he's a couple years older than me...) In short, Beech-Nut was marketing “100% apple juice” yet its product didn’t quite make good on this claim. Not only did the drink not consist of...