Masters in Business

Ted Seides is the Founder and CIO of Capital Allocators and a former Yale Investments Office strategist. He dives into the allure and complexities of hedge funds, urging investors to align their goals with risk tolerance. Ted debunks common myths, revealing that media hype often exaggerates hedge fund returns. He also discusses the evolving fee structures and strategies, emphasizing the shift toward performance-based fees and the need for a clear investment strategy to navigate this intricate landscape.

In this conversation, Torsten Slok, Partner and Chief Economist at Apollo Global Management, shares his insights on the U.S. economy and its resilience post-pandemic. Slok discusses the implications of high hotel costs in New York as economic indicators and dives into the unique traits of the U.S. economy amid global challenges. He analyzes how Trump administration policies might affect inflation and business spending, while advocating for diversified investments in today's market. His expert background enriches the discussion on navigating economic uncertainty.

Jeff Hirsch, Editor of the Stock Trader’s Almanac and author of "Super Boom," dives into the dynamics of presidential market cycles. He explains how newly elected presidents can significantly influence market performance, especially in their third year. The discussion unveils surprising trends, such as the Dow’s behavior during election years and how economic conditions play a role. Hirsch also shares strategies for investors to navigate these cycles, emphasizing the importance of a long-term perspective during turbulent times.

The podcast dives into the economic landscape shaped by Donald Trump's presidency. Tariffs and protectionism take center stage as the hosts analyze their impact on the economy. Alongside expert insights, they explore the potential consequences of deregulation and tax cuts. The discussion also touches on the rise of cryptocurrencies amidst shifting economic policies. Tune in for a captivating glimpse into how Trump's strategies could alter the global financial scene.

Mike Freno, Chairman and CEO of Barings LLC, shares insights from his nearly two-decade journey at the firm, detailing his evolution from portfolio management to leadership. He discusses the transformation of Barings post-MassMutual acquisition and the significance of corporate culture in integrating diverse teams. Freno emphasizes 'confident humility' as essential in investment leadership and explores the impacts of AI on asset management. His emphasis on mentorship and the importance of fundamental finance principles provides valuable career guidance for aspiring finance professionals.

Phil Pearlman, former Chief Behavioral Officer at the Bank of the Ozarks and founder of the Pearl Institute, shares insights on compounding health and wealth. He highlights how the journey toward improving health mirrors financial investments, emphasizing the significance of consistent effort. Pearlman discusses four essential health elements—nutrition, movement, sleep, and social connections. He advocates for a holistic approach to well-being, reminding listeners it's never too late to start investing in their health for substantial long-term benefits.

Jonathan Clements, a veteran personal finance columnist and founder of HumbleDollar, shares profound insights after his stage 4 lung cancer diagnosis. He discusses the emotional impact of money on life satisfaction and the importance of mindfulness. Clements delves into strategies for navigating financial legacy, urging open conversations about estate planning. He reflects on investor psychology during market downturns and emphasizes living meaningfully, finding beauty in everyday moments despite adversity.

Ted Seides, founder and CIO of Capital Allocators, shares his expertise on alternative investments, having honed his skills at Yale under David Swensen. He delves into the intricacies of hedge funds, private equity, and venture capital, discussing how to effectively allocate these assets in a portfolio. Seides emphasizes the importance of understanding liquidity and fee structures while navigating entry barriers to elite funds. He also addresses common misconceptions about alternative investments, equipping listeners with strategies for diligent research and long-term success.

Brian Hurst, Founder and CIO of ClearAlpha, shares his journey from AQR Capital Management, where he managed over $15 billion in hedge fund assets. He discusses the evolution of investment strategies, emphasizing the shift to multi-manager approaches. Hurst highlights the importance of behavioral finance in overcoming investor underperformance and navigating the complex investment landscape. With a touch of humor, he explores the role of AI in finance and reflects on the interplay of entertainment and continuous learning in shaping effective investment strategies.

What is the value of crypto-currencies as a technology? How do the technologies that underlie Bitcoin and Ethereum work, and what are their futures? Matt Hougan, Chief Investment Officer at Bitwise Asset Management speaks with Barry Ritholtz about the future of crypto-technology. His firm runs over $10 billion in client crypto assets. Each week, “At the Money” discusses an important topic in money management. From portfolio construction to taxes and cutting down on fees, join Barry Ritholtz to learn the best ways to put your money to work.See omnystudio.com/listener for privacy information.