Ozempic and AI Flipping the Future Economy

Author

The Idea Farm
October 08, 2023

 Together With

“Investing is the age-old, never-ending emotional battle between fear of the future and faith in the future.”

Nick Murray

Research

As always, lots of great charts from J.P. Morgan’s quarterly Guide to the Markets.

Bonus Content

Michael Lewis talks about Sam Bankman-Fried and why he doesn’t think FTX was a ponzi scheme (27 minutes). Link

At Stanford Law School, Joseph Bankman and Barbara Fried specialized in ethics and social fairness. Now their son stands accused of one of the largest financial frauds in U.S. history. Link

AngelList analyzed 1,700 seed deals since 2018 to see if valuation mattered for investment returns. Link

Ben Thompson wrote about the rise & fall of ESPN’s leverage (before Disney’s agreement with Charter). Link

Jared Dillian pens a timeless piece about why “the best days are ahead.” Link

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LOOK BEYOND JUST DIVIDENDS

Healthy, thriving businesses often have something in common: lots of cash flow.

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Smart managers can often buy back stock or pay off debt. These two options, along with dividends, create the trio known as shareholder yield.

So how does the Cambria Shareholder Yield ETF (SYLD) work?

  • SYLD selects the top 100 companies each calendar quarter based on dividends and buybacks.

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Explore a different approach to yield investing with the Cambria Shareholder Yield ETF, SYLD.

Distributed by ALPS Distributors, Inc. Investing involves risk, including possible loss of capital. To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges and expense before investing. This and other information can be found in the Fund's full or summary prospectus which may be obtained by calling 855-383-4636 (ETF INFO) or visiting our website at www.cambriafunds.com. Read the prospectus carefully before investing or sending money.

Podcasts

9/15/23 - 31 minutes

George Weiss Associates CIO Jordi Visser discusses the new category of drugs that were first put on the market to address diabetes, but are now also being used for weight loss (like Ozempic). He addresses the impact from a longevity, economic and market perspective.

9/19/23 - 57 minutes

Mike Maples talks about his approach to seed-stage investing, why Floodgate has shifted their strategy to focus on great founders, and how they go about doing so.

9/12/23 - 84 minutes

Zeke Faux, the author of “Number Go Up: Inside Crypto's Wild Rise and Staggering Fall,” discusses the crazy last few years for crypto, the rise and fall of Sam Bankman-Fried, red flags at Tether and more.

WHAT ELSE IS HAPPENING

Meb Faber talked with Mikhail Samonov about lessons from over 200 years of financial history.

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