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The Meb Faber Show - Better Investing

Apollo's Alex Wright on The Role of Private Markets in Modern Portfolios | #583

The Meb Faber Show - Better Investing

The Idea Farm

Business, Investing, Management

4.7 • 938 Ratings

🗓️ 23 May 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

Today’s guest is Alex Wright, Global Wealth Strategist at Apollo. In today’s episode, Alex discusses the fragility of public markets, citing high valuations, rising correlations, and limited diversification opportunities, which prompt a need to reassess traditional 60/40 portfolios. Then he walks through the opportunity in private markets, including private equity, private credit and infrastructure. Alex explains why private assets can offer a potential pathway to enhanced diversification and capture opportunities in an expanding and evolving investment universe. (0:00) Starts (1:58) Alex's market overview and economic outlook (4:08) Public market valuation (15:07) Private markets potential (24:42) Private equity and credit opportunities (36:37) Comparison of public and private opportunities (40:16) Infrastructure investment opportunities (42:26) Alex's most memorable investment ----- 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 ----- Sponsor:⁠ YCharts⁠ enables financial advisors to make smarter investment decisions and better communicate with clients. Get 20% off your initial YCharts Professional subscription when you start your free trial. Follow The Idea Farm: ⁠X⁠ | ⁠LinkedIn⁠ | ⁠Instagram⁠ | ⁠TikTok⁠ ----- Interested in sponsoring the show? Email us at [email protected] ----- Past guests include ⁠Ed Thorp⁠, ⁠Richard Thaler⁠, ⁠Jeremy Grantham⁠, ⁠Joel Greenblatt⁠, ⁠Campbell Harvey⁠, ⁠Ivy Zelman⁠, ⁠Kathryn Kaminski⁠, ⁠Jason Calacanis⁠, ⁠Whitney Baker,⁠ ⁠Aswath Damodaran⁠, ⁠Howard Marks⁠, ⁠Tom Barton⁠, and many more.  ----- Editing and post-production work for this episode was provided by The Podcast Consultant (⁠https://thepodcastconsultant.com⁠). Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Medfavor show, where the focus is on helping you grow and preserve your wealth.

0:10.9

Join us as we discuss the craft of investing and uncover new and profitable ideas, all to help you grow wealthier and wiser.

0:16.9

Better investing starts here.

0:19.5

Metfabor is the co-founder and chief investment officer at Cambria Investment Management.

0:22.5

Did it industry regulations, he will not discuss any of Cambria's funds on this podcast.

0:25.8

All opinions expressed by podcast participants are solely their own opinions and do not reflect

0:28.9

the opinion of Cambria Investment Management or its affiliates.

0:31.2

For more information, visit cambrain investments.com.

0:34.5

This episode is sponsored by our friends at Whitecharts, the all-in-one platform for investment research, client communication, and proposal generation built specifically for today's advisors.

0:45.4

With time-saving features like AI chat, quick extract, and customizable proposals, Whitecharts brings everything into one place so you can stop juggling software and focus

0:55.0

on what matters most, your clients and growing your business. In 2024, advisors using Y

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1:07.0

proposals, and meeting prep. That's basically half a work week back in your pocket.

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That's why nine out of ten advisors rate Y charts above average are best in class for ease

1:16.4

of use, data depth, and overall effectiveness. And when it comes to service, users give Y charts

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4.5 out of five stars for their white glove support. No bots, just real support experts

1:27.3

ready to help whenever you need it.

1:29.6

Whether you're growing your book, sharpening your process, or deepening client trust,

1:33.5

whitecharts is the platform to get it done.

1:35.6

See for yourself and get 20% off your initial whitecharts professional subscription

1:39.4

when you start your free Y charts trial and tell them that Meb sent you for new customers only.

1:47.2

Welcome back everybody.

...

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