ALO15: Exploring Today's Investment Opportunities ft. Christopher Zook
Top Traders Unplugged
The Role of Valuation in the Stock Market
The main factor by far is valuation. It's the 80, 90% of the algorithm that goes into it, if you will. Valuations right now, if one looks at it on a historic basis, it's expensive. With that, there's very little in the stock market that makes us excited today.
Christopher Zook, Founder, Chairman and CIO of CAZ Investments joins us for fascinating and thought-provoking conversation on the outlook for the economy and the investment opportunities in current markets. Christopher explains why he thinks the risk-reward is so poor in public equity markets at the moment and why investors are being offered poor prospective returns for the risk. We discuss private markets and the areas where CAZ is focused on allocating capital, particularly sports franchises and GP stakes. We also discuss some of the potential challenges in private markets as consumer and real estate debt is refinanced in the coming years. We delve into what Christopher and his team look for when selecting managers and partners, and the questions they ask to help unearth the next thematic opportunity. We wrap up by discussing the big influences on Christopher’s career and his key learnings from over three decades in the industry.
-----
50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
-----
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.
And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.
Learn more about the Trend Barometer here.
Send your questions to info@toptradersunplugged.com
And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.
Follow Alan on Twitter.
Follow Christopher on LinkedIn.
Episode TimeStamps:
02:51 - Introduction to Christopher Zook
05:11 - Zook's current view on the markets and economy
09:06 - The outlook for real estate
12:48 - Stagflation and the impact of AI
16:29 - Parallels to the .com bubble?
18:45 - Options trading - a key driver of short term
21:35 - Building portfolios for the current environment
25:44 - Inflation, stocks and pricing power
28:14 - Opportunities in markets
30:50 - Investing in sports teams
38:54 - GP stakes and the asset management industry
45:40 - Bad actors in the industry
49:44 - 50 shades of risk
54:25 - Finding the right people to work with
57:40 - Lessons learned
59:17 - Finding the next big thing
01:02:49 - Working with Tony Robbins
01:04:30 - Advice for new investors
Copyright © 2024 – CMC AG – All Rights Reserved
----
PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:
1. eBooks that cover key topics that you need to know about
In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here
2. Daily Trend Barometer and Market Score
One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here
3. Other Resources that can help you
And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here
The AI-powered Podcast Player
