4.7 • 938 Ratings
🗓️ 29 March 2024
⏱️ 48 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Welcome to the Mebb Faver Show, where the focus is on helping you grow and |
0:08.0 | preserve your wealth. Join us as we discuss the craft of investing and |
0:11.3 | uncover new and profitable ideas all to help you grow |
0:13.9 | wealthier and wiser. Better investing starts here. |
0:17.0 | Meck Baber is the co-founder and chief investment officer at Cambria Investment |
0:20.7 | Management. Due to industry regulations he will not discuss any of Cambry's funds on this podcast. |
0:25.1 | All opinions expressed by podcast participants are solely their own opinions and do not |
0:28.3 | reflect the opinion of Cambria Investment Management or its affiliates. |
0:31.2 | For more information, visit Cambria Investments.com. |
0:33.4 | Welcome everybody. We got a special episode today. I love everything about this story so so much our guest today is Steve |
0:45.3 | Edmondson the chief investment officer of the public employees retirement system |
0:49.8 | in Nevada which manages over $60 billion. |
0:54.6 | As pension funds continue to hire more employees, |
0:57.0 | pay more and more fees, and build more and more complex portfolios, |
1:01.0 | Steve's an outlier for his approach that emphasizes simplicity over complexity. |
1:05.8 | He's the CIO in charge with only one other employee and has an indexed most of the entire $60 billion portfolio. |
1:15.6 | I love it. |
1:16.8 | Steve talks about the culture |
1:18.1 | that allows this model to work |
1:19.6 | and share some thoughts on the rise of private markets, |
1:21.8 | the impact of higher interest rates. There's an old |
1:24.4 | saying, don't just stand there and do something. The late Jack Bogle had a variant of this quote that applies well to |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Idea Farm, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Idea Farm and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.