Savita Subramanian, Head of U.S. Equity Strategy at Bank of America and named one of Barron’s 100 Most Influential Women in Finance, dives into market trends as 2025 approaches. She discusses why today’s higher valuations are justifiable, the potential for productivity gains to spark a new bull market, and the surprising strength of corporate margins amid inflation. Savita also shares her thoughts on selective stock picking, the future landscape for small and mid caps, and the reshaping of investment strategies in the evolving financial environment.

Wendy Li, founder and CIO of Ivy Invest, shares her extensive experience managing billions for New York endowments. She discusses the intricate strategies elite institutions use, balancing risks with evolving alternative investments. Wendy reveals her innovative approach to democratizing endowment-style investing, allowing individual investors access without accreditation. Learn about her 'Windy portfolio' blending public equities and alternatives and insights on liquidity management in today's market, highlighting the growing trend of companies remaining private longer.

Dive into the intriguing concepts of shareholder yield versus traditional dividend investing. The discussion uncovers how strategic capital allocation can significantly impact investor returns. Emotional ties to dividends are dissected, revealing why many investors resist change. Explore the benefits of reinvesting dividends and stock buybacks through enlightening historical data. Learn practical strategies for identifying shareholder yield stocks and adapt to evolving market conditions for superior returns.

Explore the highlights of 2024, featuring insights from renowned guests like Aswath Damodaran, who dives into the future of Apple and Spotify. Brad Gerstner shares his unique perspectives, while Cliff Asness discusses market trends and investment strategies. Hendrik Bessembinder examines stock performance metrics, and Kenneth French delves into the essence of value investing. These thought-provoking discussions provide valuable insights for investors looking to navigate the financial landscape.

Felix Zulauf, a macro-expert and founder of Zulauf Consulting, discusses the precarious state of global equity markets. He warns that the concentration in the U.S. stock market signals a bubble, leading to potential market reversals. Felix delves into the dynamics of commodities, Bitcoin, and currencies while emphasizing the need for investors to focus on managing risks over chasing opportunities. He further explores the implications of central bank actions and the performance of gold amid geopolitical tensions.

Fran Kinniry, a Principal and Head at Vanguard Investment Advisory Research Center, shares insights from his extensive experience since 1997. He emphasizes the crucial role advisors play in helping investors maintain discipline during market turmoil. Fran discusses Vanguard's strategic entry into private equity and the importance of fixed-income investments as 2024 approaches. He also highlights the significance of international diversification and the resurgence of high-quality bonds in today’s investment landscape.

In this conversation, Matthias Hanauer, a researcher with Robeco’s Quant Equity Research team, delves into the evolving landscape of value investing. He reveals how interest rates shape the relationship between growth and value stocks. The discussion highlights the promise of emerging markets and small-cap stocks, as well as the impact of recent U.S. elections on market trends. Matthias also explores the intriguing 'Factor Zoo' and the integration of machine learning in modern investment strategies, challenging conventional wisdom on value metrics.

Michael Venuto, CIO and co-founder of Tidal Financial Group, discusses the booming ETF industry and what lies ahead. He highlights the surge in record inflows and fund launches while addressing innovative strategies for ETFs tied to the FIRE movement and crypto investments. Venuto also dives into ethical investment practices, including how to invest alongside figures like Nancy Pelosi. The conversation explores unique ETF strategies and the shift from mutual funds to ETFs, emphasizing the evolving financial landscape.

In this discussion, Joel Nagel, founder of Nagel & Associates and an asset protection expert, dives into crucial strategies for safeguarding wealth. He outlines four key risks in asset protection and shares insights on trusts, second passports, and dual citizenship. Joel emphasizes the importance of strategic debt management and explores the benefits of investing in gold and cryptocurrencies as defenses against economic instability. His wealth of experience offers listeners valuable perspectives on navigating today’s financial landscape.

Aswath Damodaran, a renowned NYU professor in corporate finance and equity valuation, shares fascinating insights into investing and company dynamics. He explores the challenges of valuing stocks in a shifting economy, including the rise of buybacks. Expect an engaging discussion on AI's role in finance and a critique of ESG investing. Damodaran also highlights the impact of political connections on valuations, and he examines how social media is reshaping media consumption and the ownership landscape in professional sports.