We Study Billionaires - The Investor’s Podcast Network

TIP382: Investing Mastermind Q3 2021

Sep 26, 2021

Tobias Carlisle, founder of Acquirers Fund and deep value investing expert, Jake Taylor from Farnam Street Investments, and Dr. Wes Gray, a quantitative investing specialist, dive into the holy grail of investing. They discuss the importance of diversification across uncorrelated assets, the impact of passive investing, and the psychological discipline needed for success. The trio critiques commission-free trading platforms like Robinhood, exploring their risks and implications for novice investors, while emphasizing the role of trends and unique strategies in today’s market.

01:03:38

Episode guests

Wes Gray

Jake Taylor

Tobias Carlisle

AI Chapters

Episode notes

Intro

3min

Navigating Diversification in Modern Investing

15min

Mastering the Psychology of Investing

4min

Navigating Trend Following in Investments

27min

Investing Strategies Uncovered

6min

The Risks of Commission-Free Trading

10min

The Realities of Long-Term Investing and Unique Strategies

3min

For this week's Mastermind discussion, Stig has invited Tobias Carlisle from Acquirers Fund, Jake Taylor from Farnam Street Investments, and Dr. Wes Gray from Alpha Architect. The topic of the week is the holy grail of investing.

IN THIS EPISODE, YOU’LL LEARN:

(00:01:16) What is the holy grail of investing?.
(00:06:37) Can you be diversified if you are only invested in equities?.
(00:08:56) Which strategies and asset classes should you follow to diversify your revenue streams.
(00:14:04) How to think about inflation and holding cash in your portfolio.
(00:18:39) Whether you should invest in a trend-following strategy.
(00:32:33) Why managed future exposure show is significant in your portfolio.
(00:39:22) Is the rise of passive investing good for the active investor?.
(00:45:25) Is Robinhood good or bad for the investor?.
(00:53:45) What is the best and worst thing that has happened for ETF investors?.
(00:56:42) How a mutual fund that returned 18% annually, in reality, turned into an 11% negative return.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
The article that Wes Gray referred to, Trend Following and the Epidemy of no Pain no Gain.
Tobias Carlisle's podcast, The Acquirers Podcast.
Tobias Carlisle's Acquirers Fund.
Tobias Carlisle's ETF, ZIG.
Tobias Carlisle's ETF, Deep.
Tobias Carlisle's book, The Acquirer's Multiple – Read Reviews for this book.
Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com.
Dr. Wesley Gray's and Toby Carlisle's book: Quantitative Value – Read Reviews for this book.
Dr. Wesley Gray's website: Alpha Architect.
Dr. Wesley Gray's book: Quantitative Momentum – Read Reviews for this book.
Jake Taylor's company, Farnam Street Investments.
Related episode - Q2 2021 Investing Mastermind episode.

SPONSORS

Support our free podcast by supporting our sponsors:

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.