Evergreen Exchange

Latest Episodes:

Special Edition: Louis Gave at the John Mauldin Strategic Investment Conference May 21, 2021

Show notes

Today we are publishing a different type of episode than listeners are used to--no intro music, no time limit, and not in Bellevue. We are sharing a superb presentation by Louis-Vincent Gave from John Mauldin’s 2021 Strategic Investment Conference (SIC). During the presentation, Louis goes even deeper than previous podcasts on the very relevant topic of inflation. To follow along with a slide deck, you can access our blog here: https://blog.evergreengavekal.com/taking-a-punch-getting-up-again/

As always, we hope you enjoy the listen!

Prospective Client Compatibility Survey: http://www.invest.evergreengavekal.com/client-compatibility

This material has been prepared or is distributed solely for informational purposes only and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Any opinions, recommendations, and assumptions included in this piece are based upon current market conditions, reflect the personal opinions of the featured guest, and do not necessarily reflect the views of Evergreen Investment Committee as a whole. Investment decisions for Evergreen clients are made by the Evergreen Investment Committee. Past performance is no guarantee of future results. All investments involve risk including the loss of principal.

Securities highlighted or discussed in this piece have been selected based on current events and/or relevant topics and are not intended to represent Evergreen’s performance or be an indicator for how Evergreen has performed or may perform in the future. Each security discussed has been selected solely for this purpose and has not been selected based on performance or any performance-related criteria. Evergreen’s portfolios are actively managed and securities discussed in this piece may or may not be held in such portfolios at any given time.

Deep Dive: Crypto, Cannabis, and the Future of Business "In-Person" May 14, 2021

Show notes

Evergreen Partners, Jeff Otis and Tyler Hay, are back with a discussion on some of the headlining factors driving markets as of late. This Deep Dive episode discusses the topics of crypto, cannabis, and which industries we think may be permanently altered by the pandemic's virtualization of so many sectors. Another center-stage topic continues to be the balancing of economic stimulus with a recovering economy. None of us has a crystal ball, but Tyler shares his considerations for thinking through whether inflation (or deflation) could lie ahead. Listen in as we discuss these questions:

Is the legitimacy of cryptocurrencies increasing? How might that affect concerns about inflation?
What is Evergreen's current outlook on the cannabis space?
Why do we think the majority of business will return to "in-person" over time?
With a potentially permanent decline in brick-and-mortar retail, which types of businesses may still thrive?
How much money can we print to get through the pandemic without spurring inflation? (Spoiler: no one is sure)

As always, we hope you enjoy the listen!

Prospective Client Compatibility Survey: http://www.invest.evergreengavekal.com/client-compatibility

Coffee with Evergreen: April 23rd Apr 23, 2021

Show notes

In this episode, Jeff Otis talks with Evergreen CEO, Tyler Hay about the wealth management industry as a whole and how Evergreen Gavekal became a $3 billion (AUM)* investment advisor. How did we start? What challenges do the industry and investors currently face? And, how will the landscape change in the years ahead?
*($3.1B AUM as of 3/31/2021)
This week is a one-time break from our brief 15-minute format to learn a little bit about Evergreen. Please enjoy this 60-minute special podcast episode where two of our partners share with listeners the most interesting and important considerations for managing an investment advisory company today.

As always, we hope you enjoy the listen!

Prospective Client Compatibility Survey: http://www.invest.evergreengavekal.com/client-compatibility

Coffee with Evergreen: April 12th Apr 12, 2021

Show notes

In this episode, Jeff Otis talks with senior analyst, Gherman Howell, about our approach to the research and selection of securities in our portfolios. Topics discussed include:

What are our views on commodities right now?
How does our research team evaluate investment opportunities?
Which valuation metrics do we find most useful?
Bonus question: Where does Gherman plan to travel this Summer?

As always, we hope you enjoy the listen!

Prospective Client Compatibility Survey: http://www.invest.evergreengavekal.com/client-compatibility

Coffee with Evergreen: April 1st Apr 01, 2021

Show notes

In this episode, Jeff Otis talks with Gavekal CEO & co-founder, Louis Gave, about what we are watching right now. Topics discussed include:

Louis says, "it's not about what business you own, but who you own it with". How should investors treat securities that have performed well but are highly leveraged?
Will Europe open for a semi-normal Summer?
What can investors expect to happen to interest rates with the recent (and ongoing) Fed bond-buying activity?
And then, how do equities respond?
Bonus question: Where is the Gave Family's favorite travel destination?

As always, we hope you enjoy the listen!

Prospective Client Compatibility Survey: http://www.invest.evergreengavekal.com/client-compatibility

Coffee with Evergreen: March 29th Mar 30, 2021

Show notes

In this episode, Jeff Otis talks with Director of Investments, Jeff Dicks, about what we are watching right now. Topics discussed include:

What do you make of the recent NASDAQ volatility?
Is all of the "good news" priced in?
What areas of the market do you find both particularly attractive and unattractive?
Are you concerned about the level of stimulus passed due to the pandemic?

As always, we hope you enjoy the listen!

Deep Dive: Thoughts From An Expert (What You Should Understand About SPACs) Mar 15, 2021

Show notes

In this episode, Evergreen CEO, Tyler Hay, talks with SPAC expert and K&L Gates senior partner, Rob Malin about the things you should know to have an informed conversation about special purpose acquisition company opportunities. Topics discussed include:

SPACs have been around for years. Why the recent increase in popularity?
How has the recent economic environment impacted these investments?
How important are the sponsors and are they potentially incentivized to make more high-risk bets?
Is the SPAC market overheated?

As always, we hope you enjoy the listen!