Below is our “Top Podcast” episode with our new curator, Colby Donovan! Holler with any feedback!
Today we have an episode with investing titan Leon Cooperman, a great episode covering factors, why we need to think about what could go wrong in life, and a talk on self-improvement with Angela Duckworth.
- Masters in Business: Gregory Zuckerman on the Quant Revolution. Zuckerman is a writer for the Wall Street Journal and author of The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution, which will be released on November 5. Simons has had annual returns of 66% since 1988, and 39% after fees (he charges 5 and 44). Zuckerman explains the process of writing the book and speaking to Simons and others who know him, learning how Simons’ approach of embracing big data before others helped give him an edge, and the unique situation he and his Co-CEO had during the election between Clinton and Trump. Really interesting episode that gets you excited to read the book. [October 30, 2019–1 hour, 31 minutes] iTunes Podcast | Spotify | Overcast | Breaker | Website Link
- Value Investing with Legends: Leon Cooperman — Looking For More For Less. This is a wide ranging episode with Leon Cooperman, a billionaire investor and CEO of Omega Advisors. He details his background, attending public school in the South Bronx, attending Lehman College and eventually becoming the head of Goldman Sachs Asset Management division before starting Omega Advisors. He also talks about his approach to value investing and some specific stocks (Google, airlines, and Cigna), being investigated by the SEC, fiscal and monetary policies around the globe, how politics impacts policy, and his approach to philanthropy. [November 1, 2019–47 minutes] iTunes Podcast | Spotify | Overcast | Breaker | Website Link
- The Acquirer’s Podcast: Practical Quant: Jack Forehand on applied value, momentum and guru replication. This is a great episode on factor investment. Forehand is President of Validea Capital Management and was responsible for the development of the firm’s quantitative investment models. The firm follows quantitative strategies that beat the market over time and tries to replicate those strategies, for both successful investors academic strategies. They discuss how that occurs using Warren Buffett as an example, whose strategy is value and quality. They cover a lot of factors: value, growth, quality, momentum, and low volatility and give thoughts on the factors both historically and in the current market environment. [November 1, 2019–54 minutes] iTunes Podcast | Spotify | Overcast | Breaker | Website Link
- The Happiness Lab with Dr. Laurie Santos: Don’t Accentuate the Positive. This episode touches on the idea that being too positive can actually hold us back because we need to think about what can go wrong in life. Based on research, those of us who think about what can go wrong, and not just what we hope to happen, are more successful and more likely to achieve our goals. She uses the example of Michael Phelps swimming in the Olympics and having to swim with his goggles filled with water, yet still won a gold medal. [October 29, 2019–44 minutes] iTunes Podcast | Spotify | Overcast | Breaker | Website Link
- The Dave Chang Show: Angela Duckworth: Explaining Grit. Chang is joined by Angela Duckworth, a Professor of Psychology at UPENN and author of Grit: The Power of Passion and Perseverance. Chang and Duckworth have an open and vulnerable conversation about dealing with fear and not feeling good enough, personal growth, focusing on the process rather than the outcome, leadership and parenting, and dealing with uncertainty. [October 10, 2019–1 hour, 42 minutes] iTunes Podcast | Spotify | Overcast | Breaker | Website Link
- Planet Money: #947: Some-of-the-Money Ball. The Capital Allocators podcast has had an episode on baseball players taking income sharing agreements — now we have another episode on how players are trying to set themselves up financially and hedge against not making it to the major leagues. Minor league baseball players have begun to enter income pools, an idea that could apply to other professions as well. Fun episode on an interesting and unique idea. [October 21, 2019–21 minutes] iTunes Podcast | Spotify | Overcast | Breaker | Website Link
Gregory Zuckerman (Writer, Wall Street Journal):
- American Pastoral by Philip Roth
Michael Batnick (Director of Research, Ritholtz Wealth Management):
- Stock Buybacks: The True Story by Ed Yardeni
Dave Chang (Restauranteur, Podcast Host):
- Birth of Tragedy by Friedrich Nietzsche
Peter Schiff (CEO & Chief Global Strategist, Euro Pacific Capital):
- His father’s books — How the Government was Fleecing You, the main spring of human progress, henry hazlitt book — economics and 1 lesson
Chris Long (Former NFL Player):
- Factfulness: Ten Reasons We’re Wrong About the World — and Why Things Are Better Than You Think by Hans Rosling— Bill Gates & Obama’s favorite book
Ryen Russillo (Podcast Host, The Ringer):
- Normandy ’44: D-Day and the Epic 77-Day Battle for France by James Holland.
Phil Pearlman (Chief Community Officer, StockTwits):
- Extraordinary Popular Delusions and The Madness of Crowds by Charles MacKay
- Thinking in Bets by Annie Duke
Dave Chang (Restauranteur, Podcast Host):
- The Dawn Wall — Documentary about a climber who decided to attempt to climb the last “unclimbed” wall in the world, and chose to not finish the climb unless he could climb without his partner finishing the climb with him. FYI — the documentary is on Netflix
Investment Subscription Service
Ben Claremon (Principal Portfolio Manager, Cove Street Capital):
- InFilings — Scans company’s SEC filings for changes over time (change in auditors, risk factors, disclosures).
The Best Investment Writing Volume 3: Larry Swedroe – Investment Strategy in an Uncertain World
Episode #185: Ben Claremon, “Value Investing Will Always Have A Place”