Starkiller Capital’s Leigh Drogen & Corey Hoffstein on Crypto Momentum, Conspiracies, GBTC, FTX, & More | #467

The Meb Faber Show - Better Investing

The Idea Farm

Business, Investing, Management

4.7 • 938 Ratings

🗓️ 15 February 2023

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today’s guests are Leigh Drogen, CIO of Starkiller Capital, which applies quantitative strategies to the blockchain based digital asset space, and Corey Hoffstein, co-founder of and CIO at Newfound Research, and a research partner and advisor to Starkiller. In today’s episode, the guys update us on a wild year in crypto. We talk about the GBTC trade, the value of FTX bankruptcy claims, and even some conspiracy theories around Binance. Then we get into their recent paper, which looks at the momentum factor in crypto markets, and the benefit of using trend-following strategies within crypto to avoid drawdowns like the one we’ve seen in the last year. As we wind down, the guys say if they think crypto is starting a new bull market. ----- Follow Meb on Twitter, 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 ----- Today's episode is sponsored by YCharts. YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. YCharts offers a suite of intuitive tools, including numerous visualizations, comprehensive security screeners, portfolio construction, communication outputs, and market monitoring. Visit YCharts to start your free trial and be sure to mention "Meb" for 20% off your subscription. (New clients only). Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Subscribe for free here. ----- 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. ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 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.
0:11.0	Join us as we discuss the craft of investing and
0:13.5	uncover new and profitable ideas, all to help you grow wealthier and wiser.
0:17.2	Better investing starts here.
0:18.8	Meck Baber is the co-founder and chief investment officer at Cambria Investment Management.
0:23.4	Did it industry regulations, he will not discuss any of Cambria's funds on this podcast.
0:27.1	All opinions expressed by podcast participants are solely their own opinions and do not reflect the opinion
0:31.1	of Cambria Investment Management for its affiliates.
0:33.4	For more information, visit cambria Investments.com.
0:36.3	Hello, my friends, we've got another amazing show today with not one but two returning guests.
0:43.7	We're joined by Lee Drogan, CIO Star Killer Capital, which applies quantitative strategies
0:48.2	to blockchain-based digital asset space, and Cori Hofstein, co-founder and CEO of New Found Research and a research partner and advisor to Star Killer.
0:58.0	Today's episode, the guys update us on a wild year in crypto. Isn't that every year by the way? We talk about the GBTC trade, the value of
1:06.2	FTX bankruptcy claims and even some conspiracy theories around finance. We get into their recent
1:12.4	white paper, which looks at the
1:14.0	momentum factor in crypto markets, you know I love it, and the benefit of using
1:18.0	trend-fowing strategies within crypto to avoid drawdowns like the one we've
1:21.4	seen in the past year. As we wind down, the guys say if they
1:24.8	think crypto is starting a new bull market. Now before we get to the show, I got a favorite ass.
1:29.6	We've seen a huge bump in listeners over the past few months, so you haven't subscribed yet be sure to do so and if you already
1:35.4	are subscribed go leave us review on Spotify Apple or whatever platform you use.
1:41.2	This episode is brought to you by 10 East.
	...

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