Excess Returns

By Excess Returns

Excess Returns is dedicated to making you a better long-term investor and making complex investing topics understandable. Join Jack Forehand, Justin Carbonneau and Matt Zeigler as they sit down with s... more

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FAQs about Excess Returns:

How many episodes does Excess Returns have?

The podcast currently has 330 episodes available.

Excess Returns episodes:

April 27, 2023 Show Us Your Portfolio: Jason Buck
In this episode we speak with Mutiny Funds co-founder Jason Buck about how he manages his personal portfolio. Jason couldn't find any publicly available funds that were running the unique all weather approach he wanted to use to manage his money, so he built it himself. We discuss the principles behind the cockroach portfolio he utilizes in his persona portfolio and take a detailed look at the individual components.
We hope you enjoy the discussion.
SEE LATEST EPISODES
⁠⁠⁠⁠⁠⁠⁠https://www.validea.com/excess-returns-podcast⁠⁠⁠⁠⁠⁠⁠
FIND OUT MORE ABOUT VALIDEA
⁠⁠⁠⁠⁠⁠⁠https://www.validea.com⁠⁠⁠⁠⁠⁠⁠
FOLLOW OUR BLOG
⁠⁠⁠⁠⁠⁠⁠https://blog.validea.com⁠⁠⁠⁠⁠⁠⁠
FIND OUT MORE ABOUT VALIDEA CAPITAL
⁠⁠⁠⁠⁠⁠⁠https://www.valideacapital.com⁠⁠⁠⁠⁠⁠⁠
FOLLOW JACK
Twitter: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/practicalquant⁠⁠⁠⁠⁠⁠⁠
LinkedIn: ⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/jack-forehand-8015094⁠⁠⁠⁠⁠⁠⁠
FOLLOW JUSTIN
Twitter: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/jjcarbonneau⁠⁠⁠⁠⁠⁠⁠
LinkedIn: ⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/jcarbonneau
...more
56min
April 21, 2023 Talking Technical Analysis with Katie Stockton
In this episode we talk technical analysis with Fairlead Strategies founder Katie Stockton. As fundamental investors, this one was a great learning experience for us as we covered a wide range of ways in which technical analysis can help all of us in our investment strategies. We discuss the major tools available to technical analysts and how Katie thinks about deploying them, how Katie uses technical analysis to build a sector rotation portfolio that also manages risk and how fundamental investors can use technical analysis to improve their investment strategies.
We hope you enjoy the discussion.
SEE LATEST EPISODES
⁠⁠⁠⁠⁠⁠https://www.validea.com/excess-returns-podcast⁠⁠⁠⁠⁠⁠
FIND OUT MORE ABOUT VALIDEA
⁠⁠⁠⁠⁠⁠https://www.validea.com⁠⁠⁠⁠⁠⁠
FOLLOW OUR BLOG
⁠⁠⁠⁠⁠⁠https://blog.validea.com⁠⁠⁠⁠⁠⁠
FIND OUT MORE ABOUT VALIDEA CAPITAL
⁠⁠⁠⁠⁠⁠https://www.valideacapital.com⁠⁠⁠⁠⁠⁠
FOLLOW JACK
Twitter: ⁠⁠⁠⁠⁠⁠https://twitter.com/practicalquant⁠⁠⁠⁠⁠⁠
LinkedIn: ⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/jack-forehand-8015094⁠⁠⁠⁠⁠⁠
FOLLOW JUSTIN
Twitter: ⁠⁠⁠⁠⁠⁠https://twitter.com/jjcarbonneau⁠⁠⁠⁠⁠⁠
LinkedIn: ⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/jcarbonneau

...more
51min
April 19, 2023 Inside the High Yield Debt Market with Rajay Bagaria
In this episode, we talk high yield debt investing with Rajay Bagaria, CIO of Wasserstein Debt Opportunities and author of "High Yield Debt: An Insider’s Guide to the Marketplace." We look at the high yield debt market from the ground up and cover the major players, the types of high yield debt and the terms and concepts investors need to understand when looking at the space. We look at the fundamentals of high yield debt investing and the key concepts to understand, who the buyers and sellers are in the high yield market, the return profile of high yield debt and how it compares to other areas of the market and much more.
We hope you enjoy the discussion.
SEE LATEST EPISODES
⁠⁠⁠⁠⁠https://www.validea.com/excess-returns-podcast⁠⁠⁠⁠⁠
FIND OUT MORE ABOUT VALIDEA
⁠⁠⁠⁠⁠https://www.validea.com⁠⁠⁠⁠⁠
FOLLOW OUR BLOG
⁠⁠⁠⁠⁠https://blog.validea.com⁠⁠⁠⁠⁠
FIND OUT MORE ABOUT VALIDEA CAPITAL
⁠⁠⁠⁠⁠https://www.valideacapital.com⁠⁠⁠⁠⁠
FOLLOW JACK
Twitter: ⁠⁠⁠⁠⁠https://twitter.com/practicalquant⁠⁠⁠⁠⁠
LinkedIn: ⁠⁠⁠⁠⁠https://www.linkedin.com/in/jack-forehand-8015094⁠⁠⁠⁠⁠
FOLLOW JUSTIN
Twitter: ⁠⁠⁠⁠⁠https://twitter.com/jjcarbonneau⁠⁠⁠⁠⁠
LinkedIn: ⁠⁠⁠⁠⁠https://www.linkedin.com/in/jcarbonneau
...more
55min
April 13, 2023 Show Us Your Portfolio: Cem Karsan
In this episode we speak with Cem Karsan, the most popular guest from our first 200 episodes. But this time, we changed things up and asked him to talk about how he manages his personal portfolio.
Many investors are used to building their portfolios using long-term buy and hold allocations to stocks and bonds, but Cem turns that on its head and takes a very different approach. We talk about the principles that guide his investment strategy, how he thinks about portfolio construction, his views on inflation and a lot more. For followers of Cem, we also ask for some breadcrumbs on dealer positioning at the end too.
We hope you enjoy the discussion.
SEE LATEST EPISODES
⁠⁠⁠⁠https://www.validea.com/excess-returns-podcast⁠⁠⁠⁠
FIND OUT MORE ABOUT VALIDEA
⁠⁠⁠⁠https://www.validea.com⁠⁠⁠⁠
FOLLOW OUR BLOG
⁠⁠⁠⁠https://blog.validea.com⁠⁠⁠⁠
FIND OUT MORE ABOUT VALIDEA CAPITAL
⁠⁠⁠⁠https://www.valideacapital.com⁠⁠⁠⁠
FOLLOW JACK
Twitter: ⁠⁠⁠⁠https://twitter.com/practicalquant⁠⁠⁠⁠
LinkedIn: ⁠⁠⁠⁠https://www.linkedin.com/in/jack-forehand-8015094⁠⁠⁠⁠
FOLLOW JUSTIN
Twitter: ⁠⁠⁠⁠https://twitter.com/jjcarbonneau⁠⁠⁠⁠
LinkedIn: ⁠⁠⁠⁠https://www.linkedin.com/in/jcarbonneau
...more
1h 17min
April 06, 2023 Enduring Investing and Life Lessons with Guy Spier
In this episode, we speak with Guy Spier. Guy has built a very successful long-term track record as a value investor, but the lessons we can learn from him go far beyond investing and apply to so many aspects of life. We discuss Guy’s unique approach to investing, what he has learned from Buffett, the importance of learning in public and a lot more.

We hope you enjoy the discussion.
SEE LATEST EPISODES
⁠⁠⁠https://www.validea.com/excess-returns-podcast⁠⁠⁠
FIND OUT MORE ABOUT VALIDEA
⁠⁠⁠https://www.validea.com⁠⁠⁠
FOLLOW OUR BLOG
⁠⁠⁠https://blog.validea.com⁠⁠⁠
FIND OUT MORE ABOUT VALIDEA CAPITAL
⁠⁠⁠https://www.valideacapital.com⁠⁠⁠
FOLLOW JACK
Twitter: ⁠⁠⁠https://twitter.com/practicalquant⁠⁠⁠
LinkedIn: ⁠⁠⁠https://www.linkedin.com/in/jack-forehand-8015094⁠⁠⁠
FOLLOW JUSTIN
Twitter: ⁠⁠⁠https://twitter.com/jjcarbonneau⁠⁠⁠
LinkedIn: ⁠⁠⁠https://www.linkedin.com/in/jcarbonneau

...more
1h 33min
March 30, 2023 Factor Investing in Under the Radar Markets with Chris Covington
In this episode, we talk factor investing with AJO Vista Head of Investments Chris Covington. We discuss their unique approach to factor investing and how they apply it to less crowded markets. We take a detailed look at their strategy and discuss value, quality, momentum and their approach to measuring stability. We also cover a wide range of other topics including multi-factor investing, the impact of transaction costs, the dangers of overoptimization and a lot more.
We hope you enjoy the discussion.

SEE LATEST EPISODES
⁠⁠https://www.validea.com/excess-returns-podcast⁠⁠
FIND OUT MORE ABOUT VALIDEA
⁠⁠https://www.validea.com⁠⁠
FOLLOW OUR BLOG
⁠⁠https://blog.validea.com⁠⁠
FIND OUT MORE ABOUT VALIDEA CAPITAL
⁠⁠https://www.valideacapital.com⁠⁠
FOLLOW JACK
Twitter: ⁠⁠https://twitter.com/practicalquant⁠⁠
LinkedIn: ⁠⁠https://www.linkedin.com/in/jack-forehand-8015094⁠⁠
FOLLOW JUSTIN
Twitter: ⁠⁠https://twitter.com/jjcarbonneau⁠⁠
LinkedIn: ⁠⁠https://www.linkedin.com/in/jcarbonneau
...more
53min
March 23, 2023 A Deep Dive into Custom and Direct Indexing with Ehren Stanhope
Direct Indexing has experienced rapid growth in recent years. Falling transaction costs and improving technology has allowed more and more investors to deploy an index-based strategy by owning the underlying securities rather than using an ETF or Mutual Fund. This has opened up opportunities to potentially improve after tax returns and to customize index-based portfolios for each investor’s needs.
In this episode, we speak with O’Shaughnessy Asset Management’s Ehren Stanhope. O’Shaughnessy’s custom indexing platform has expanded the potential of direct indexing by layering a series of features on top of it to allow investors to build custom portfolios to fir their individual needs.
The three big things you will learn in this episode are:
-What Direct Indexing is and how it works in the real world
-The details of how direct indexing strategies are managed to produce tax alpha
-The other customization factors available to investors through custom indexing strategies and the pros and cons of them
SEE LATEST EPISODES
⁠https://www.validea.com/excess-returns-podcast⁠
FIND OUT MORE ABOUT VALIDEA
⁠https://www.validea.com⁠
FOLLOW OUR BLOG
⁠https://blog.validea.com⁠
FIND OUT MORE ABOUT VALIDEA CAPITAL
⁠https://www.valideacapital.com⁠
FOLLOW JACK
Twitter: ⁠https://twitter.com/practicalquant⁠
LinkedIn: ⁠https://www.linkedin.com/in/jack-forehand-8015094⁠
FOLLOW JUSTIN
Twitter: ⁠https://twitter.com/jjcarbonneau⁠
LinkedIn: ⁠https://www.linkedin.com/in/jcarbonneau
...more
50min
March 17, 2023 Building an Inflation Fighting Portfolio With Dave Schassler
With inflation returning after being dormant for decades, many investors have had a renewed interest in adding inflation fighting assets to their portfolios. But figuring out how to do that can be challenging. In this episode, we speak to VanEck's Head of Quantitative Solutions Dave Schassler to get some insights about how to attack the problem. We discuss the assets that work best to hedge against inflation and how to put them together into a portfolio. We also talk about the future outlook for inflation, Fed policy and a lot more.
We hope you enjoy the discussion.
SEE LATEST EPISODES
https://www.validea.com/excess-returns-podcast
FIND OUT MORE ABOUT VALIDEA
https://www.validea.com
FOLLOW OUR BLOG
https://blog.validea.com
FIND OUT MORE ABOUT VALIDEA CAPITAL
https://www.valideacapital.com
FOLLOW JACK
Twitter: https://twitter.com/practicalquant
LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094
FOLLOW JUSTIN
Twitter: https://twitter.com/jjcarbonneau
LinkedIn: https://www.linkedin.com/in/jcarbonneau
...more
40min
March 15, 2023 What Investors Need to Know About the Collapse of Silicon Valley Bank with Cullen Roche
With the failure of Silicon Valley Bank last week, we wanted to do a special episode to better understand what happened, and what all of us can learn from it. And we couldn’t think of anyone better to talk to than Cullen Roche of Discipline Funds, who is an expert on the internal workings of the monetary and banking systems.
The three big things you will learn in this episode are:
- How the banking system works and how that helps to provide context for what happened here.
- The factors and events that led to the collapse of Silicon Valley Bank
- What we can learn from what happened and what it means going forward
SEE LATEST EPISODES
https://www.validea.com/excess-returns-podcast
FIND OUT MORE ABOUT VALIDEA
https://www.validea.com
FOLLOW OUR BLOG
https://blog.validea.com
FIND OUT MORE ABOUT VALIDEA CAPITAL
https://www.valideacapital.com
FOLLOW JACK
Twitter: https://twitter.com/practicalquant
LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094
FOLLOW JUSTIN
Twitter: https://twitter.com/jjcarbonneau
LinkedIn: https://www.linkedin.com/in/jcarbonneau
...more
55min
March 09, 2023 A Detailed Look at the "Night Effect" with Bruce Lavine
You might think that the return profile of the market looks similar during the day and overnight. But research has shown that isn't the case. In this episode, we discuss the "Night Effect" with NightShares founder Bruce Lavine. We discuss what the "Night Effect' is, what causes it, how it stands up to the tests of a strong investing factor and a lot more.
We hope you enjoy the discussion.
SEE LATEST EPISODES
https://www.validea.com/excess-returns-podcast
FIND OUT MORE ABOUT VALIDEA
https://www.validea.com
FOLLOW OUR BLOG
https://blog.validea.com
FIND OUT MORE ABOUT VALIDEA CAPITAL
https://www.valideacapital.com
FOLLOW JACK
Twitter: https://twitter.com/practicalquant
LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094
FOLLOW JUSTIN
Twitter: https://twitter.com/jjcarbonneau
LinkedIn: https://www.linkedin.com/in/jcarbonneau
...more
34min

FAQs about Excess Returns:

How many episodes does Excess Returns have?

The podcast currently has 330 episodes available.

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