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All right, so on today's show, we bring back a popular guest, Dr. Wesley Gray.

We first got introduced to Dr. Gray through a member of our mastermind group, Toby Carlal,

because they co-authored a book together, and the name of the book is Quantitative Value.

The book is a popular read among value investors because it takes decades of data

and provides clues into the best metrics to determine when companies are oversold and potentially undervalued.

This is commonly called back testing.

The interesting thing about Dr. Gray is that he's also conducted extensive research into momentum investing as well.

And so based on this research, both on the value investing side and on the momentum side,

he has taken a really interesting way to invest, which is a hybrid approach to value and momentum.

So on today's show, we're talking to Dr. Gray about some of the interesting trends he's finding in the market today.

We also talk about areas where an investor can improve or challenge their current belief structure.

And finally, Dr. Gray talks about the way he accounts for systematic risk and how he might hedge a market during challenging times.

You are listening to the Investors podcast where we study the financial markets and read the books that influence self-made billionaires the most.

We keep you informed and prepared for the unexpected.

All right. So welcome back to the show. West, man, we always have so much fun when you come on the show and chat because you always just have a tendency to show us different ways to look at things.

So we are very excited to have you back on the show. Thanks for taking time out of your day to be with us.

And it's always an honor. I'm humbled to be here again.

Well, let's talk about, I'm sure everyone wants to kind of hear West Gray's opinion on where we're at in the market because the last time I checked this thing starting to go parabolic.

And I'm just kind of curious what you're thinking.

Sure. So there's a difference between what I'm thinking and what I actually do.

Because as you know, I am a quant nowadays.

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