Top Podcasts of the Week

Top podcasts of the week!


1. Masters in Business: Joshua Miller Discusses the Hot Hand Phenomenon

Joshua Miller, economics professor at the University of Alicante discusses some interesting findings from his paper, Surprised By the Hot Hand Fallacy? A Truth in the Law of Small Numbers. Joshua talks about finding that indeed it is not a fallacy to believe in the hot hand, the probability of success or failure given failure or success, the mathematics of data sets, and applications of his findings beyond sports.

2. Invest Like the Best: EP.126 Michael Mauboussin – The Four Sources of Alpha

Michael Mauboussin is an author and director of research at BlueMountain Capital Management. He discusses sources of excess return. He starts with the source of behavioral edge, which include cognitive biases such as, updating views, confirmation bias, and time arbitrage. He then gets into technical sources such as forced selling and fund flows and follows that with informational edge. Next, he gets into his impression of how things have changed on the buyside and mentions the serious integration of quantitative and systematic approaches blending machine and humans. The conversation then shifts into Michael’s take on buybacks, and a dive into his thoughts on EV/EBITDA, and finding deeper insights in decomposing the metric.

3. Capital Allocators: EP.92 Jordi Visser – Next Generation of Manager Allocation

Jordi Visser is the President & CIO of Weiss Multi-Strategy Advisers. He discusses his background as a controller at Morgan Stanley, and learning to become an option trader and building risk analytics. He then gets into his role at Weiss, the risk philosophy that was adopted, embracing technology and the data maps and visual analysis that he and his team to rely on to analyze manager portfolios with greater frequency and detail.

POTPOURRI (Non-Business Related)

Here’s ours:

Paul Lountzis, “The Qualitative Characteristics Are Becoming Significantly More Meaningful And More Important In Company Analysis”

Good investing,
Meb Faber