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The Meb Faber Show - Better Investing

Terri Spath, Sierra Investment Management - We Use A Quantitative Rules Based Process To Go Risk On, Risk Off | #270

The Meb Faber Show - Better Investing

The Idea Farm

Business, Investing, Management

4.7938 Ratings

🗓️ 9 December 2020

⏱️ 59 minutes

🧾️ Download transcript

Summary

In episode 270, we welcome our guest, Terri Spath, Chief Investment Officer and Portfolio Manager at Sierra Investment Management, where she's responsible for market and economic analysis, portfolio allocation, investment strategy and building client solutions. In today's episode, we're talking about her rules based approach to investing. Terri talks about Sierra Investment Management's different funds, including their tactical junk bond fund and their muni-bond fund. She gets into the benefits of applying a trend following approach to her strategies, what she's seeing across different asset classes, and why she's bullish on municipal bonds and South Korea. As we start to wind down, Terri offers ways to implement some of these ideas with your own portfolio, whether it's with the equity or fixed-income portion. Please enjoy this episode with Sierra Investment Management's Terri Spath. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Mepp Faber 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

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

0:23.3

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

0:27.2

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

0:31.2

Cambria Investment Management or its affiliates.

0:33.4

For more information, visit Cambria Investments.com.

0:39.6

What's up, friends, super fun show today.

0:42.0

Our guest is the chief investment officer at

0:44.8

Sierra Investment Management where she is responsible for market and economic analysis

0:49.7

portfolio allocation investment strategy and building client solutions at the firm.

0:55.0

In today's episode, we're talking about applying a trend following approach to investing to manage downside risk.

1:00.0

We talk about Sierra Investment Management's different funds, including their

1:03.7

tactical junk bond fund and their muni bond fund. We get into what she's seeing

1:08.2

across different asset classes and why she's bullish on municipal bonds in South Korea. As we start to wind down, she offers ways to

1:16.3

implement some of these ideas with your own portfolio, whether it's with the equity or fixed

1:20.5

income part. American Farmland is disappearing at an alarming rate.

1:25.0

According to the USDA, the U.S. has lost four acres of farmland per minute since 2000.

1:31.0

That's a landmass larger than the state of Florida, lost a real estate development and

1:35.6

soil burnout. All the while the demand for food, especially healthy organic food,

...

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