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The Acquirers Podcast

Value After Hours S06 E03 Verdad's Dan Rasmussen on quant small, cheap, levered stocks-US and Japan

Jan 29, 2024
Dan Rasmussen of Verdad discusses quantitative deep value investing, challenges of small and micro stocks, correlation between size and liquidity in investing, potential improvements in the Japanese stock market, relationship between 10-K report size and investment performance, crisis strategy using high yield spreads, launching and improving a multi-strategy fund, and asset allocation, leverage, and derivatives in constructing portfolios.
01:00:11

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Value investing can capitalize on the unpredictability of the market and non-fundamental factors driving market outcomes.
  • Size, value, and momentum factors play an interplay in different market conditions.

Deep dives

The Value of Deep Value: A Discussion on Investment Strategies

This podcast episode features a discussion on various investment strategies, with a focus on deep value investing. The guest, Dan Rasmussen of Verdad, provides an overview of his firm's investment approach and the different strategies they employ. They manage a variety of funds, including micro-cap deep value strategies, crisis strategies, and high-yield credit. Rasmussen highlights the importance of unpredictability in the markets and how value investing can capitalize on this. He also discusses the impact of factors such as size and liquidity, and shares insights on the performance of different asset classes and sectors.

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