Top Podcasts of the Week

Below is our “Top Podcast” list with our curator, Colby Donovan!

Today we have another episode with Jeremy Grantham on why we’re living in a historic market bubble, Mike Green on his political framework for assessing current issues in America, and the true, tragic story of the burning of Black Wall Street 100 years ago this June.

  • Invest Like The Best: Jeremy Grantham — A Historic Market Bubble. While nothing this episode was significantly different from Grantham’s episode with Meb Faber earlier this month, it’s always great to hear him talk about the market. He dives into the signs of a bubble and where he sees them today, how this compares to past bubbles, and how it’s being driven by retail investors. He finishes with a look around the globe at demographics and how that’ll impact productivity of different countries over the next few decades. [February 23, 2021–1 hour, 4 minutes] iTunes Podcast | Spotify | Google | Breaker | Website Link
  • The Compound Show with Downtown Josh Brown: The Burning of Black Wall Street. Tim Madigan is the author of The Burning: Massacre, Destruction, and the Tulsa Race Riot of 1921 and tells the horrible story of what happened in Tulsa in 1921. Tulsa was a mostly Black community that was known as one of the most prosperous in the country and referred to as Black Wall Street, and 100 years ago this June, a massacre occurred with an estimated 100 deaths (~75% of which were Black). It’s a brutal story to hear but a must-listen. [February 26, 2021–46 minutes] iTunes Podcast | Spotify | Google | Breaker | Website Link
  • Resolve’s Gestalt University: Mike Green: The Fourth Turning and Reimagining the American Dream. Mike Green shares his philosophical framework to assess the current problems in America. He talks about issues with regulators, governments, and central banks, and their impact on undermining the capitalist process by supporting asset prices and bailing out risk-takers. They discuss regulatory capture, the disconnect between the average American and politicians that represent them, and why treating the economy as an ergonomic system leads to more boom and busts. Mike is incredibly smart and whether you agree or disagree with him, his point is that we all need to have more empathy for each other’s perspectives in order to fix the situation. [February 22, 2021–1 hour, 45 minutes] iTunes Podcast | Spotify | Google | Breaker | Website Link
  • Top Traders Unplugged: 128 Systematic Investor Series ft. Jerry Parker. Jerry Parker returns for another great episode. He covers lots of topics, including why it’s important not to overfit your model with too many bells and whistles, why trend following is perfect for either an inflationary or deflationary environment, and what his thoughts are on why there has been a lack of trends within the market over the past 10 years. He finishes by looking back on his time under Richard Dennis and why he doesn’t think that experience can be replicated. If anything, these episodes are a great way to stay sane amid market insanity. [February 22nd, 2021–1 hour, 18 minutes] iTunes Podcast | Spotify | Google | Breaker | Website Link
The Meb Faber Show
  • The Meb Faber Show: #289: Stocks Are Allowed To Be Expensive Since Bonds Yields Are Low…Right? In this episode, Meb puts today’s stock valuations into historical perspective. He addresses the claim that stock valuations should be high because bond yields are low and then looks at what conditions were present at the start of the best 10-year stock returns in history. He also provides some thoughts on what investors can do to handle the current market environment. [February 22, 2021–22 minutes] iTunes Podcast | Spotify | Google | Breaker | Website Link
  • The Meb Faber Show: #290 — Bill Smead, Smead Capital Management — There’s Less Respect For Stock Picking Experts Right At This Moment Than There Has Been Since The Peak Of The Dot-Com Bubble. Bill Smead is the Chief Investment Officer for Smead Capital Management. He discusses why he believes the market is undergoing a tide change. He starts with a look back on the 2000 tech bubble and uses Cisco as an example of why it’s important to separate a good business from a good stock. After talking about parts of the market he doesn’t like, he touches on to the parts he finds attractive, including home-builders, energy, suburban mall REITs, and financials. At the end, he discusses the possibility of antitrust action against big tech and what the investment implications may be. [February 24, 2021–48 minutes] iTunes Podcast | Spotify | Google | Breaker | Website Link

Patrick Spence (CEO, Sonos):

  1. The Infinite Game by Simon Sinek


Good investing,

Meb Faber