Superinvestors and the Art of Worldly Wisdom

By Jesse Felder

Business

What's Superinvestors and the Art of Worldly Wisdom about?

Jesse Felder worked for the largest firm on Wall Street, co-founded a multi-billion-dollar hedge fund firm and has been active in the markets for over 20 years. This podcast is his journey to talk with a number of superinvestors who have been an inspiration to him in an effort to understand what makes them so successful in the financial markets and in life.

4.7

352 ratings

Download our free app to listen on your phone

LAST EPISODE

#57: Asif Suria On The Virt...

06.21.2023

This episode is long overdue. I've been following the work of Asif Suria for over a decade now and it has proven to be one the best sources of investment ideas I have come across. Asif tracks and writes about ...

Superinvestors and the Art of Worldly Wisdom episodes:

06.21.2023 #57: Asif Suria On The Virtues Of Event-Driven Investing This episode is long overdue. I've been following the work of Asif Suria for over a decade now and it has proven to be one the best sources of investment ideas I have come across. Asif tracks and writes about ...
06.07.2023 #56: Joseph Wang On How The Fed Forever Altered The Investing Landscape My guest for this episode is Joseph Wang. Joseph is one of the most knowledgeable people I’ve come across when it comes to the world of central banking and how it intersects with markets. His experience on the open markets ...
05.24.2023 #55: Ben Hunt On The Big 'Bust Out' My guest for this episode is Ben Hunt. This is Ben’s second appearance on the podcast. I had the pleasure of first interviewing him a few years ago and if you are not familiar with his work, I encourage you ...
09.14.2022 #54: Tian Yang On The Virtues Of Variant Perception Versus Unconscious Conformity Variant Perception is an investment research firm founded on the idea that man plus machine beats machine (or man) alone. In an era dominated by passive investing and other purely quantitative strategies with relatively short look back periods on the ...
08.24.2022 #53: Edward Chancellor On What History Can Teach Us About The True Cost Of Easy Money Known as "one of the greatest financial historians alive," Edward Chancellor has been working in the markets for three decades now; his study of finance theory, speculative bubbles and economics goes back even further. 'The Price of Time,' Edward's latest ...
05.11.2022 #52: Fred Hickey On 'Keeping Your Head When All About You Are Losing Theirs' For over 35 years now, Fred Hickey has consistently performed in-depth research into a wide variety of individual stocks and what drives them over the full market cycle. What's more, during that entire span he's distilled his findings into concise ...
04.13.2022 #51: Diego Parrilla On The Three Levels Of The Investment Game This is the third conversation with Diego Parrilla I have published as a podcast but the fourth time I have actually recorded a discussion of ours. The first time Diego was kind of enough to share many of the facets ...
03.30.2022 #50: Kiril Sokoloff On The Virtues Of Just Watching The River For long-time Superinvestors listeners, Kiril Sokoloff needs no introduction. Last summer, he was kind enough to host me at his home in Sun Valley, Idaho where we discussed much of the framework that makes up the foundation of Kiril's research ...
11.04.2021 #49: Todd Harrison On The 'Trade Of A Lifetime' Todd Harrison is truly one of the good guys on Wall Street. After a career that took him from the Morgan Stanley options trading desk to running a major hedge fund and then starting a financial media business, Todd founded ...
07.28.2021 #48: Jim Stack On Charting A Course Through Stock Market Rapids Jim Stack has been assiduously studying markets in an effort to develop and hone a full-cycle investment discipline since he was first introduced to stock market risk back in the 1973-74 bear market. That experience instilled in him the modicum ...
07.21.2021 #47: David Hay On Balancing Risk Management With Timely Opportunism David Hay has been managing money for over 40 years using a tried and true approach steeped in classic value investing paired with an appreciation for technical analysis that can only be developed through vast experience in the markets. What's ...
07.07.2021 #46: Kiril Sokoloff On Seeking Truth In An Era Of Sophistry For over half a century now, Kiril Sokoloff has not only identified in advance the most significant trends and innovations driving the markets and economy, he has also pinpointed the most attractive investment opportunities afforded by them. As a result, ...
06.30.2021 #45: Michael Oliver On The 'Massive Momentum Structure' In The Stock Market One thing I try to do with this podcast, is to find people who are taking a truly unique approach to analyzing the markets, those taking the "financial road less traveled," as I like to call it. Well, Michael Oliver ...
06.23.2021 #44: Julian Brigden On The Fed's 'Impossible Trinity' Julian Brigden is a master of models. In putting together his macro theses, which have presciently called major moves in everything from inflation and the dollar to the most popular manias in the stock market, he carefully studies inter-market relationships ...
04.21.2021 #43: Diego Parrilla On Appreciating The Opportunity Set In ‘Antibubbles’ It was just over two years ago Diego Parrilla first joined me on the podcast to discuss his framework for analyzing financial bubbles and what he calls, "antibubbles." You may have noticed that the topic of bubbles and antibubbles has ...
03.10.2021 #42: Adam Rozencwajg On The Speculative Mania In Green Energy Stocks Back in October of last year, I had the pleasure of discussing the "generational opportunity in energy stocks" with Leigh Goehring. At the time, he made a very compelling investment case for the energy sector and, in just the five ...
02.24.2021 #41: James Davolos On Protecting Yourself Against A Paradigm Shift In Inflation Perhaps the biggest debate in the markets today is regarding the prospect of inflation. Will the massive fiscal stimulus and money printing of the past year or so, paired with shifting trends in global trade and demographics, result in a ...
02.10.2021 #40: Grant Williams On Focusing On What's Important Since starting his newsletter roughly a decade ago and then founding RealVision a few years later, Grant Williams has established himself as one of the preeminent creators and curators of financial wisdom in the world. His keen yet conversational interviews ...
01.27.2021 #39: John Hussman On Navigating One Of The Most Overextended Stock Markets Of All Time At just seventeen years old, John Hussman's introduction to the world of finance was a job hand drawing charts for an investment adviser who liked his handwriting. From that point on, he was hooked on markets. After receiving his PhD ...
01.13.2021 #38: Danielle DiMartino Booth On The Future Of The Federal Reserve After a successful career on Wall Street, Danielle DiMartino Booth spent years as special adviser to Richard Fisher while he was head of the Dallas Fed. In her role, she provided an invaluable, markets-based perspective to one of the most ...
12.02.2020 #37: Keith McCullough On The Power Of Betting On Yourself At first blush, Keith McCullough may come off as just another brash and cocksure trader. Dig a bit deeper, though, and you'll find a calculating iconoclast driven by a deep desire to both continually improve as an investor and, ultimately, ...
11.11.2020 #36: Peter Atwater On The Coming Age Of 'Screwtiny' There are very few truly unique thinkers in the world and almost none of them regularly train their gaze on Wall Street. Peter Atwater is one of those rare few. Whenever a major news story hits the tape, it's Peter's ...
10.07.2020 #35: Leigh Goehring On The Generational Opportunity In Energy Stocks Today You could say that natural resources run in Leigh Goering's blood. The son of two oil and gas engineers, Leigh has spent nearly his entire life studying markets and investments related to commodities. Over the past 30 years, he has ...
09.16.2020 #34: Michael Green On Detecting The Greatest Value In Markets Today Mike Green has been in the right place at the right time for his entire investment career and not just by way of good fortune. Mike has an uncanny knack for finding value in the markets. After jumping into the ...
04.22.2020 #33: Bill Fleckenstein On Profiting From Central Bank Mistakes It's been three years since I made the trek up to Seattle to interview celebrated short seller Bill Fleckenstein on the topics of, "Central Bankers, Financial Bubbles and White Burgundy." With a global pandemic now threatening to burst these bubbles, ...
02.19.2020 #32: Christopher Cole On Appreciating Risk Christopher Cole is one of the foremost thinkers and practitioners in the world of volatility trading. After beginning his career in Hollywood as a cinematographer, Chris took an interest in options trading. Eventually, this led to a job at Merrill ...
12.04.2019 #31: Rob Arnott On Engineering A Better Index Rob Arnott is one of the most accomplished and respected quantitative analysts in the world. He has written over 100 academic papers on everything from tactical asset allocation to value investing. In this episode, Rob discusses his evolution as an ...
09.25.2019 #30: Meb Faber On The Future Of Investment Management You would be hard-pressed to find anyone who has done more to educate and inform individual investors about the fundamentals of effective investing than Meb Faber. Over the past decade and longer, through books like Global Asset Allocation, Meb has ...
08.14.2019 #29: Louis-Vincent Gave On Staying One Step Ahead Of The Markets When it comes to global macro investing, Louis-Vincent Gave is one of the most interesting thinkers in the world. His firm, GaveKal, puts out some of the most compelling research on Wall Street and beyond and, as CEO, Louis' unique ...
07.10.2019 #28: Michael Oliver On Why Momentum Is Truth In Markets Michael Oliver has been studying markets for over four decades but it was the 1987 stock market crash that became his "aha!" moment and converted him to what he calls "momentum structural analysis." It was his early work in the ...
01.09.2019 #27: Diego Parrilla On The Perpetual Search For Extreme Optionality Diego Parrilla has been eerily prescient in calling major turning points in a variety of markets over the past several years. Back in 2014, he published The Energy World Is Flat in which he detailed the coming crash in the ...
12.05.2018 #26: Erik Townsend On The Intersection Of Distributed Ledger Technology And Global Macro Investing Erik Townsend is unique in the investing world for his deep expertise in two seemingly disparate fields: security technology and macro investing. This rare perspective gives him extraordinary insight into the intersection of the two and how they are likely ...
11.08.2018 #25: Jonathan Tepper On The Single Most Important Question Investors Should Be Asking Right Now Have we entered a new era of sustainably high corporate profit margins or will they revert over time to more normal historical levels? This is the single most important question equity investors should be asking today and nobody has done ...
09.12.2018 #24: Fred Hickey On Trusting In Your Own Research And Experience Fred Hickey has been writing The High Tech Strategist, a monthly investment newsletter, for over 30 years. Over that time, he has developed an intensive research process focused on the tech sector that gives him extensive familiarity with dozens of ...
08.29.2018 #23: Jerry Parker On Finding Your True Calling In Life And The Markets Jerry Parker began his career as an unfulfilled accountant looking for something more inspiring to do with his life. After getting rejected for several traditional jobs on Wall Street he responded to an ad looking for a handful of people ...
06.21.2018 #22: Ben Hunt on the Unparalleled Power Of Narrative in the Financial Markets W. Ben Hunt, Ph.D. looks at the financial markets through a truly unique lens. With an extensive background in political science, game theory and history, Ben came to the financial markets relatively late in life. But it's precisely this wandering ...
06.07.2018 #21: Grant Williams on the Value Of Surrounding Yourself With Brilliant People and Just Listening Grant Williams cut his teeth in the world of finance during one of the greatest speculative manias in history. As a prop trader at one of the largest firms in Tokyo, he had a front row seat to the epic ...
05.22.2018 #20: Eric Cinnamond on 'The Rapidly Increasing Inflationary Environment' Eric Cinnamond has been called, “the godfather of small cap absolute return investing.” From 1998 to 2016 he ran an equity investment strategy that handily beat the 8% average annual return of the Russell 2000 Index. But what’s even more ...
05.08.2018 #19: Simon Mikhailovich on the Ultimate Insurance Policy: Gold Simon Mikhailovich emigrated from the Soviet Union at the age of 19 with his family and just $100 in a suitcase. After putting himself through college he began a career in finance. Eventually, he found himself at the leading edge ...
12.12.2017 #18: Roger McNamee on Being in the Right Place at the Right Time (and Making the Most of It) Roger McNamee is one of the most successful technology investors of all time. While running the T. Rowe Price Science & Technology Fund, and generating a 17% compound average growth rate in the process, Roger made the unheard of move ...
11.28.2017 #17: Kiril Sokoloff on Identifying the Next Big Thing Among professional investors, Kiril Sokoloff is well known for his ability to identify major trends early on in their development cycle. For this reason his views are some of the most sought out in the world of finance. Since 1983 ...
10.31.2017 #16: Tobias Carlisle on Beating 'The Little Book That Beats The Market' Tobias Carlisle runs Carbon Beach Asset Management and is the author of several books including Deep Value, Concentrated Investing and his latest, The Acquirer's Multiple. In this episode we discuss both the similarities and the differences between the successful value ...
10.24.2017 #15: Peter Atwater: Welcome To The 'Backlash Era' Peter Atwater was pioneer in securitization and has served in important leadership roles at some of the largest financial institutions on the planet. Today, he writes and speaks extensively about how changes in confidence affect our preferences, decisions and actions. ...
10.17.2017 #14: Erik Townsend on Living The Macro Dream Erik Townsend is a retired software entrepreneur turned hedge fund manager and host of the Macro Voices podcast. In this conversation Erik shares some of his formative experiences like breaking into MIT as a teenager to eventually selling his software ...
10.10.2017 #13: Mark Yusko Discusses His Bet With Warren Buffett To regular listeners, Mark Yusko needs no introduction. It was just a few months ago he appeared on the podcast to discuss Gut Instinct (And Why His Says We're Headed For A Crash). This time Mark shares his thoughts on ...
10.05.2017 #12: Danielle DiMartino Booth on Why The Fed Is Bad for America Danielle DiMartino Booth started her career on Wall Street before shifting gears into journalism where she caught the eye of none other than the Oracle of Omaha, Warren Buffett. Eventually, she found herself working as an advisor to Richard Fisher ...
09.26.2017 #11: Dale Wettlaufer on Value Investing in the 21st Century Dale Wettlaufer began his career as a fool, a Motley Fool that is, where he first learned to ply his trade as an analyst. A few years later, he found himself working in the same capacity for a legitimate mutual ...
07.26.2017 #10: William White on the Undesired Side Effects of Experimental Monetary Policy William White started his career at the Bank of England before moving to the Bank for International Settlements where he served as chief economist. Today he is the chairman of the Economic and Development Review Committee at the OECD in ...
07.18.2017 #9: Mark Yusko on Gut Instinct (and Why His Says We're Headed for a Crash) Mark Yusko cut his teeth co-managing the endowment portfolio at Notre Dame and then putting together a team to do the same for the University of North Carolina. From there he setup a fund of hedge funds for Julian Robertson ...
07.12.2017 #8: Raoul Pal on Putting Together the Global Macro Puzzle Raoul Pal readily admits he had the good fortune of being in the right place at the right time very early in his investment career. After getting his start during the depths of the recession brought on by the savings ...

Older episodes