Seth Cogswell

Seth Cogswell, founder of Running Oak, shares his 'consistently not stupid' investment philosophy, focusing on earnings growth and downside risk. He discusses how predictable businesses can be undervalued in the market, creating unique opportunities. The conversation dives into the risks of passive investing, highlighting how it can misallocate capital and create market fragility. Seth also unpacks the misunderstood impacts of AI in investing, including its effects on workforce dynamics and the sustainability of tech infrastructure.

In this discussion, Seth Cogswell, Founder of Running Oak Capital, dives into the complexities of passive investing. He challenges the notion of "buy and hold," highlighting how it can overlook real risks. Seth warns about the pitfalls of momentum strategies and large-cap stocks, suggesting that these may lead investors astray. The conversation takes a critical turn as they examine Bitcoin’s legitimacy, comparing it to Ponzi schemes while questioning its future value. Overall, Seth advocates for risk-aware investment strategies to navigate volatile markets.

In this insightful discussion, Seth Cogswell, Founder and Managing Partner at Running Oak Capital, shares his wisdom on early investing and building wealth. He emphasizes how starting young can leverage the power of compounding, making it a financial superpower. Seth discusses money as a tool that requires discipline and the importance of making hard choices today for an easier tomorrow. He also highlights the value of reading and learning from others to accelerate personal growth and confidence, reminding listeners that building habits is key to a successful financial future.

Seth Cogswell, Founding Partner and Portfolio Manager at Running Oak, dives deep into the world of investing. He discusses how the current market strength stems more from fantasy than fundamentals. Cogswell warns about the hidden risks in passive strategies and the destabilizing effects of concentrated index flows. He emphasizes that Fed stimulus has only postponed risks, not eliminated them, and champions the significance of mid- and small-cap stocks when narratives shift. His insights challenge conventional investing wisdom in today's volatile landscape.

Seth Cogswell, a contrarian Portfolio Manager at Running Oak and the brains behind the RUNN ETF, challenges the obsession with mega-cap stocks. He highlights the untapped potential of mid-cap companies, which have historically outperformed larger counterparts. Cogswell discusses the dangers of corporate debt and the looming threat of 'zombie companies' in today’s market. He emphasizes the importance of quality investing and advocates for an equal-weight approach to harness opportunities where others overlook, providing fresh insights into navigating complex market dynamics.