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Animal Spirits Podcast

Talk Your Book: Large Cap Alpha

Animal Spirits Podcast

The Compound

Investing, Business News, News, Business

4.72.1K Ratings

🗓️ 14 August 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

On today's show, Michael and Ben are joined by Francisco Bido, Senior Portfolio Manager for the Integrated Alpha group of F/m Investments to discuss: screening companies, growth vs value investing, investing in Apple, avoiding Tesla, and much more!    Find complete show notes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.   Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed.   Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's Animal Spirits talk your book is brought to you by FM Investments.

0:04.4

Go to FM-invest.com to learn more about their

0:08.0

quant active strategy for large-cap US stocks.

0:11.0

That's FM-invest.com.

0:14.0

Welcome to Animal Spirits, a show about markets, life, and investing.

0:18.0

Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.

0:23.2

All opinions expressed by Michael and Ben are solely their own opinion

0:26.4

and do not reflect the opinion of Redholtz Wealth Management.

0:29.5

This podcast is for informational purposes only and should not be relied upon

0:33.2

for any investment decisions.

0:35.1

Clients of Redholtz Wealth Management may maintain positions

0:37.8

in the securities discussed in this podcast.

0:43.6

Welcome to Animal Spirits with Michael and Ben.

0:46.3

That when you think concentrated manager, stock selector, you probably think of a value investor,

0:53.9

Buffett style, monger, that value and yes, value investing, not necessarily growth and not

1:00.0

necessarily quant either. Those are two things that you don't see that off.

1:05.2

Number one is quant growth and number two is concentrated growth.

1:08.8

I wonder why that is. Is it because it's so, it's been so difficult to beat

1:14.2

the NASA? What do that can't be? Maybe I'm just making that up.

1:16.1

Maybe there are and I just don't know about it.

1:17.9

Maybe the range of outcomes is wider in growth stocks between the really big winners

1:22.8

and the big losers. That could be it. Yeah, that's a good question.

...

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