The Best Investment Writing

Sahil Mahtani, Director of Ninety One’s Investment Institute, dives into the dynamic forces shaping the dollar amidst today’s economic landscape. He discusses historical dollar cycles and how structural factors maintain its dominance in global finance. The conversation touches on the inertia of the dollar, geopolitical changes, and the potential impact of recent political events. Sahil’s insights provide a captivating look at how macroeconomic and institutional trends could lead to major transformations in the currency's future.

David Vick, Managing Director at TCW, shares his expertise in fixed income strategies. He explores the limitations of traditional bond indexes, emphasizing how they overlook high-yield and bank loans. Vick advocates for actively managed ETFs as a solution to tap into these underappreciated sectors. Additionally, he discusses how markets like the Nasdaq outpace older indexes and stresses the need for adaptability in index structures to meet evolving investor demands. His insights offer a fresh perspective on achieving better investment outcomes in a volatile landscape.

Ricardo Marto, a Research Economist at the Federal Reserve Bank of St. Louis, explores the intriguing surge in U.S. corporate profits post-COVID-19. He analyzes how different industries have fared and their significant contributions to overall national income. The discussion highlights the shifts in corporate profit trends before and after the pandemic and delves into how employee compensation has evolved in relation to these profits. Tune in for insights that tie macroeconomic trends to the everyday financial landscape!

Today's episode features Suzanne Gibbons reading Europe: Opportunity in Fragmentation. Suzanne Gibbons is a Partner and Head of Research at Davidson Kempner. ----- The Best Investment Writing features top research pieces shared via The Idea Farm e-mail newsletter. Subscribe so you get these sent to you each week. ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Subscribe for free here. Follow The Idea Farm: Twitter | LinkedIn | Instagram | Tik Tok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Rob Campbell, an institutional portfolio manager at Mawer Investment Management, shares insights inspired by maritime navigation. He draws parallels between the challenges faced by sailors and investors, emphasizing the need for discipline and strategic planning. Campbell explores historical lessons, the importance of questioning dominant narratives, and the intricacies of valuation. He underscores maintaining high-quality investment models and a margin of safety while navigating uncertainty, making for a compelling discussion on sound investment strategies.

Henry Neville, a multi-asset portfolio manager at Man Group, dives deep into the intricacies of investment strategies. He humorously critiques the debate between active and passive investing. The conversation covers the merits of market timing versus long-term holding, emphasizing diversification's critical role. Neville explores portfolio metrics and the significance of drawdowns in turbulent markets. He also discusses the importance of filtering information to make informed decisions, particularly in complex market conditions.

Today's episode features Kai Wu reading Partisan Investing. Kai Wu is the founder and Chief Investment Officer of Sparkline Capital, an investment management firm applying state-of-the-art machine learning and computing to uncover alpha in large, unstructured data sets.-----The Best Investment Writing features top research pieces shared via The Idea Farm e-mail newsletter. Subscribe so you get these sent to you each week.-----Follow Meb on Twitter, LinkedIn and YouTubeFor detailed show notes, click hereTo learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com-----Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Subscribe for free here.Follow The Idea Farm: Twitter | LinkedIn | Instagram | Tik Tok-----Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's episode features Dr. Bryan Taylor reading 200 Years of Market Concentration. Dr. Bryan Taylor is the President and Chief Economist for Global Financial Data, which provides the most comprehensive, historical economic and financial information. You can hear Dr. Taylor as a guest on The Meb Faber Show podcast in October 2024.-----The Best Investment Writing features top research pieces shared via The Idea Farm e-mail newsletter. Subscribe so you get these sent to you each week.-----Follow Meb on Twitter, LinkedIn and YouTubeFor detailed show notes, click hereTo learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com-----Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Subscribe for free here.Follow The Idea Farm: Twitter | LinkedIn | Instagram | Tik Tok-----Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's episode features Owen Lamont reading Don’t Blame Indexing for Your Problems.Owen Lamont is a Portfolio Manager at Acadian Asset Management.-----The Best Investment Writing features top research pieces shared via The Idea Farm e-mail newsletter. Subscribe so you get these sent to you each week.-----Follow Meb on Twitter, LinkedIn and YouTubeFor detailed show notes, click hereTo learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com-----Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Subscribe for free here.Follow The Idea Farm: Twitter | LinkedIn | Instagram | Tik Tok-----Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com Learn more about your ad choices. Visit megaphone.fm/adchoices

In this talk, Brian Chingono, Director of Quantitative Research and Portfolio Manager at Verdad, dives into the intriguing world of return dispersion in both private equity and public markets. He sheds light on the crucial role of skilled manager selection, revealing how performance gaps can impact investor decisions. Chingono also highlights the challenges and complexities within private equity, particularly addressing the high fees that can erode returns, while proposing effective strategies from the public markets.