Replay from the Phil Bak Podcast - please update your subscriptions. Liam Vaughan joins the podcast to talk about his recent book Flash Crash: A Trading Savant, a Global Manhunt, and the Most Mysterious Market Crash in History. The conversation includes details on how the flash crash went down, the aftermath and the resulting blame games, Nav Sarao and whether he was scapegoated, the complexity of market structure, and the status of a potential upcoming movie about the events of the flash...

Replay from the Phil Bak Podcast - please update your subscriptions. April Boyle, Founder and Executive Director of the Build Institute in Detroit, talks about how underestimated entrepreneurs and communities can build lasting wealth and ownership. April discusses Build's mission, why small business is the backbone of communities, the challenges in getting small business funding, the impact of monopolies on small business, and alternative funding sources such as community capital and...

Republishing a recent episode of the Phil Bak Podcast. Please update your subscriptions to download the new show episodes. Subscription links available at philbak.com. In this episode: David Abner, President of Dabner Capital Markets and former CEO of WisdomTree Europe joins Phil for a wide ranging conversation about the digitization of the asset and wealth management industries, where the puck is heading, and how the world will be changed post-shutdown.

In this retrospective final episode Phil is joined by a familiar voice to share closing thoughts.

Christopher Irons from Quoth the Raven research joins the show to talk about Covid-19 and its impact on the economy, how Chris identified the risks of a pandemic early on and what to expect from the markets and a macro level going forward. Phil and Chris also discuss censorship, Austrian economics, corporate bailouts, investing in gold, and more.

Phil talks to four friends of the podcast about how they are coping with the shutdown, the markets and how they are keeping their spirits up during this difficult time. With Eric Balchunas, Ryan Kirlin, Josh Blechman and Charles Ragauss.

Phil talks to four friends of the podcast about how they are coping with the shutdown, the markets and how they are keeping their spirits up during this difficult time. With Doug Boneparth, “The Wookie Index”, Aaron Morekin and Benjamin Brandt.

Phil talks to four friends of the podcast about how they are coping with the shutdown, the markets and how they are keeping their spirits up during this difficult time. With Ramp Capital, Tim Maloney, Chris Varley and Vance Barse.

Famed quant Aaron Brown, Phil’s former professor, joins the show to discuss a wide range of topics, from his teaching style to poke to bitcoin, and more. Highlights include: • Professor Brown’s unique teaching style • How to have an edge at poker • Whether factor investing still works • Lack of creativity in quant factors • The case for bitcoin • The disconnect of intrinsic value • Pulling the goalie, in hockey, life and business

Phil closes out the Inside ETFs conference with a conversation with the founder of ETF.com, Jim Wiandt. • Early days of index investing • Being a missionary about the ETF vehicle • How to cover companies who also sponsor and advertise • Has ETF popularity peaked? • The next big thing

Phil talks to Joe Anthony, President of Gregory FCA about the growth of their firm and the state of public relations and media in the financial services industry. • Early struggles at the company • How the media landscape has changed over Joe’s career • Whether media narratives are shaped by PR • Earned, owned and paid media • Crafting a social media personality and creating digital content

Phil sits down with the legendary David Kotok for an outdoor conversation during Inside ETFs about David’s career, investment principles, Cumberland Advisors and the state of the economy. Conversation highlights: Launching Cumberland just before the oil shock and energy crisis of the 1970’s How David utilizes behavioral finance, quantitative modeling, economics, history and philosophy in his practice The case for equal weight equities The compounding value of writing market commentary...

Taylor Schulte, Founder of Define Financial, and Justin Castelli, Founder of RLS Wealth Management sit down with Phil at Inside ETFs to talk about their joint initiative, the Advisor Growth Community. Conversation highlights: Mindset of collaboration rather than competition Marketing and content generation How to effectively grow a financial advisor business Growth tactics for a better and healthier life, beyond the business Social media return on investment and which platforms to...

Phil is joined by Larry Swedroe to talk about factor investing and Larry’s new book, Your Complete Guide to a Successful and Secure Retirement. The conversation highlights include: How Larry got exposure early in his career 600 factors identified beyond Fama French Popularity versus crowding effects in ESG and Low Vol factors Larry’s Rubber Band Theory and how it relates to the value factor The Lottery Effect and its impact on the Size Factor Planning for retirement & Larry’s new...

Daniel McCabe, CEO of Precidian Investments joins Phil to talk about his career in trading and product development and to discuss Precidian’s solution for non-disclosed actively managed ETFs. They discuss: How Dan’s career got started Running a market-making firm on the Amex Developing CurrencyShares Phantom shorts ADR-plus and currency hedging How ActiveShares works The SEC approval process What to expect from active ETFs in the future

In a double episode focused on financial literacy and impact investing in Detroit, Phil is first joined by Godfrey Aguwa Jr. to learn about DCU NextGen, how Godfrey got involved in teaching financial literacy, and the impact of Godfrey’s Lemonade Day initiative in Washtenaw County, MI. That conversation is followed up by Michael Randall from the American Heart Association who explains the purpose of impact investing and how it can make a difference in the areas of health, financial education...

Dr. Forrest Morgeson, Director of Research at the American Customer Satisfaction Index joins the show to define customer satisfaction and talk about the quantitative process employed by the ACSI to measure it. • Intangible vs tangible assets • How to measure customer satisfaction • Managing statistical noise • Quantifying the value of a satisfied customer • Quantifying elasticities and impact on stock prices • Measuring citizen satisfaction on behalf of governments

In the second of a two part best-of 2019 compilation, we'll hear some of the more powerful and thought provoking segments recorded this year, including guests Morgan Housel, Laura Morrison, Tobias Carlisle, Teddy Fusaro, Christian Magoon, Bill Kelly, Matthew Stoller & Tyrone Ross Jr.

In the first of a two part best-of 2019 compilation, we'll hear some of the more powerful and thought provoking segments recorded this year, including guests Daniel Crosby, Cathie Wood, Drew Voros, Craig Lazzara, Ben Johnson, Scott Nations and Ben Hunt.

Everyone struggles. In this episode we hear from all of our podcast guests from 2019 who have answered the question about what obstacle they have found a way to work around or persisted through, along their path to success. We’ll hear from Ben Johnson, Oliver Renick, Phil Huber, Kathleen Moriarty, Ben Hunt, Bill Kelly, Alex Chalekian, Perth Tolle, Morgan Housel, Tobias Carlisle, Nicole Boyson, Daniel Crosby, Alexandra Levis, Dan Cupkovic, Scott Nations, Sal Gilbertie, Andrew Stewart &...

Matthew Stoller from the Open Markets Institute joins Phil to talk about his book Goliath and explain the history of the war against monopoly power in America. The history and cyclicality of monopolies as a political issue The damage done by monopolies America’s concentration crisis across all sectors Antitrust and monopoly concerns in the financial services industry

Note from Phil: please first listen to Epsilon Theory: Part One (episode 47) from August 19, 2019 Ben Hunt explains the meaning behind some of the most important of Epsilon Theory phrases and concepts. Always Go to the Funeral The Nudging Oligarchy Why am I reading this NOW? Narrative missionaries Too Clever by Half Clear Eyes & Full Hearts Thanks, and have a great Thanksgiving to you and your family.

Andy Stewart from Exchange Capital Management sits down with Exponential’s Phil Bak and Charles Ragauss to talk about the investing landscape. Highlights include: Complimenting ETFs with direct stock investing Concentration of cap weight indexes Tech stock valuations Active versus passive as a false debate The evolution and impact of commission free trading How to trade illiquid securities Currency- hedging International stocks

Phil is joined by Sal Gilbertie, Founder and CEO of Teucrium Trading to discuss commodities. The conversation highlights include: Our connection to commodities and how everything we touch comes from commodities Launching Teucrium Trading and their ETFs How to forecast commodity prices Technology in the agriculture industry Geo-politics and the trade wars – impact on agriculture prices Using commodities in modern portfolios Technical vs fundamental analysis to tactically trade...