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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI221: High Returns from Low Risk Investing w/ Pim van Vliet

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 15 September 2022

⏱️ 58 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 03:21 - What is factor investing? 03:21 - Why does factoring investing work? 12:10 - What factors Pim thinks are the most relevant going forward.  15:40 - Why small cap and value factors have performed poorly over recent years and does this mean these factor premiums are dead. 33:38 - How to get higher returns by taking on less risk.  45:09 - What is a low volatility investing strategy? 51:13 - Is including more factors in your portfolio better? And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Check out Paradox Investing. Pim’s Book: High Returns from Low Risk: A Remarkable Stock Market Paradox.  Related Episode: Factor Based Investing w/ Jack Vogel - TIP269. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Pim: Twitter | LinkedIn   Connect with Rebecca: Twitter | Instagram HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.7

So if you take lots of risk on stock market, you lose money in the end.

0:06.6

And that goes against anything we've learned in finance,

0:09.7

because there it means that higher risk gives lower return.

0:12.8

So there's an inverted compensation of risk.

0:19.1

On today's episode, I'm joined by Pim Van Fleet, who is the head of conservative

0:24.3

equities and quantitative equities department at Roebaco.

0:28.9

PIM specializes in low volatility investing, asset pricing, and quantitative finance,

0:34.7

and is the author of numerous academic research papers and the investment book

0:39.2

High Returns from Low Risk, A Remarkable Stock Market Paradox. During this episode, Pymnex explains

0:46.4

what factor investing is, why factor investing works, what the best way to get exposure to

0:52.4

factors are, why some factors have performed poorly

0:55.8

over recent years, what factors he thinks are most relevant going forward, what a low

1:00.7

volatility investing strategy is, and how investors can use this strategy and get higher returns

1:06.8

by taking less risk, and so much more. I also wanted to let you all know that last week I did a

1:13.6

whole many episode on what factor investing is, which is episode 365. So if you haven't already

1:20.1

listened to that, maybe give it a listen before this episode as I dive more into just the basics

1:26.7

of factor investing, which might be helpful

1:29.1

before listening to this conversation with PIM, where we dive more deep into the strategy.

1:34.9

This was such an incredible conversation. I know that I learned so much and I'm really excited

1:40.6

to share this all with you today. So I hope you enjoy my conversation with PIM

1:45.6

as much as I did. You're listening to Millennial Investing by the Investors Podcast Network,

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