The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

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Latest Episodes:

TIP707: The Collapse of Long-Term Capital Management w/ Clay Finck Mar 21, 2025

Show notes

In this episode, Clay explores When Genius Failed by Roger Lowenstein, the gripping story of the rise and fall of Long-Term Capital Management (LTCM).

Founded by Wall Street’s brightest minds, including Nobel Prize-winning economists, LTCM generated astronomical returns using complex mathematical models and extreme leverage—until a financial crisis in 1998 exposed its fatal flaws. Clay also discusses the dangers of overconfidence, the illusion of diversification, and why excessive leverage can be a ticking time bomb.

Additionally, he shares details on an exclusive value investing event hosted by TIP in Big Sky, Montana, in September 2025.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

03:34 - How John Meriwether and a team of Wall Street’s brightest minds, including Nobel laureates, built a hedge fund that seemed invincible, using sophisticated financial models and extreme leverage.

25:55 - LTCM’s reliance on mathematical models that assumed markets behaved rationally, leading them to underestimate the possibility of extreme events.

48:30 - How the Russian debt default triggered widening credit spreads, exposing LTCM’s overleveraged positions and leading to catastrophic losses.

54:49 - Why LTCM’s failure posed systemic risks to the global financial system, forcing the Fed to coordinate a rescue with major Wall Street banks.

01:08:17 - The dangers of excessive leverage, overconfidence in financial models, and the mistaken belief that markets always revert to historical norms.

01:15:09 - How to attend our new value investing event in Big Sky, Montana, bringing together passionate investors for deep discussions and meaningful connections.

And so much more!

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here.
Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
Lowenstein’s book: When Genius Failed.
Mentioned book: Big Mistakes.
Related Episode: Listen to TIP514: Permanent Supply Chain Disruptions that Will Destroy the Economy w/ Jim Rickards.
Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
Follow Clay on X.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
Check out our We Study Billionaires Starter Packs.
Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

BTC226: Bitcoin Mastermind Discussion Q1 2025 (Bitcoin Podcast) Mar 19, 2025

Show notes

In this episode, Preston Pysh, Jeff Ross, American Hodl, and Joe Carlasare explore the implications of dollar weakness, overall liquidity, and the impact of Bitcoin bonds.

They break down SBR, SAB 121, and recent legal updates, while also explaining the Supplemental Leverage Ratio (SLR). They also discuss whether tariffs are truly inflationary, MMT’s consequences, and the shift toward re-privatization. Finally, they cover contrarian buy signals for Bitcoin and QQQ, and the broader outlook for the U.S. economy versus global markets.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

03:06 - Insights into US government spending and economic dependence in 2024.

07:13 - The debate on tariffs and inflation, with a look at Truflation data.

09:27 - Why the dollar’s weakness matters for global markets and liquidity.

10:22 - The role of Bitcoin bonds and what they signal for the crypto market.

11:05 - Why some analysts are bearish on US assets but bullish on global markets.

11:49 - The fiscal challenges facing the US and how they compare to global trends.

17:44 - How the US economy is shifting from MMT-driven policies toward re-privatization.

29:58 - Updates on SAB 121, SBR, and recent regulatory/legal shifts.

35:16 - What the Supplemental Leverage Ratio (SLR) is and why it’s important for banks.

01:03:01 - Major contrarian buy signals for Bitcoin and QQQ based on technical indicators.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Related Episode: Bitcoin Mastermind 4th Quarter 2024.
American Hodl on Nostr.
Jeff Ross on Nostr.
Joe Carlasare on X (Twitter), Nostr.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.
Check out our Bitcoin Fundamentals Starter Packs.
Browse through all our episodes (complete with transcripts)here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
Learn how to better start, manage, and grow your business with thebest business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

RWH055: The Inner Scorecard w/ Pico Iyer Mar 16, 2025

Show notes

In this episode, William Green welcomes back Pico Iyer, one of his all-time favorite guests. Pico is a famed author & speaker whose TED talks have been viewed about 12 million times. Here, he discusses his new book, “Aflame,” which explores how to find peace of mind, happiness & clarity amid extreme uncertainty & accelerating change. This episode is a masterclass on creating a richer, wiser, happier life while living by what Warren Buffett calls an inner scorecard.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

04:31 - How to find calm & clarity in the midst of uncertainty & change.

14:39 - How silence helps to “cleanse” our agitated, cluttered minds.

19:09 - Why Pico Iyer has stayed at a monastery more than 100 times.

28:02 - Why the greatest luxury comes from craving less, not more.

31:53 - How he designs his life to maximize freedom & fulfillment.

35:50 - Why he loves Warren Buffett’s idea of living by an inner scorecard.

52:41 - How the greatest investors remind Pico of monks.

01:10:28 - How to create more spaciousness in your own busy life.

01:18:25 - How to achieve more by doing less & taking time to reflect.

01:23:05 - Why it’s helpful to view investing as a game.

01:51:27 - How Leonard Cohen rebounded after losing almost all his money.

01:51:27 - How to maintain hope—& gratitude—in the face of adversity.

01:57:55 - What Pico has learned from his long friendship with the Dalai Lama.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
Pico Iyer’s website.
Pico Iyer's book: Aflame: Learning from Silence.
Pico Iyer's books: The Open Road: The Global Journey of the 14th Dalai Lama.
Henry David Thoreau's book: Walden.
Pico Iyer’s TED talk on The Art of Stillness.
William’s 2023 podcast interview with Pico Iyer.
William’s podcast interview with Daniel Goleman & Tsoknyi Rinpoche.
William’s podcast interview with Brad Stulberg.
William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.
Follow William Green on X.
Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
Check out our We Study Billionaires Starter Packs.
Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

TIP706: The Founder's Mindset w/ Cristiano Souza Mar 14, 2025

Show notes

On today’s episode, Clay is joined by Cristiano Souza to discuss his three primary criteria in identifying an excellent business.

Cristiano Souza is the founder of Zeno Equity Partners, a firm he started in 2022 after spending 28 years at Dynamo. From 1994 through 2015, he was on the team that managed the Dynamo Cougar fund, which invested in high-quality equities in Brazil. During that time, the fund compounded at 24% per year in US dollar terms.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

03:33 - The three things that Cristiano looks for in a business.

13:43 - What the Founder’s Mindset is, and why it is so difficult to find.

18:53 - Why Cristiano believes that LVMH has a significant opportunity to continue to grow.

33:53 - The mistakes Cristiano has made in assessing management teams.

39:57 - Why Linde PLC is a core position in Christiano’s portfolio.

51:17 - Why AppFolio is well-positioned to continue growing in the property management space.

And so much more!

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
Cristiano’s firm: Zeno Equity Partners.
Book mentioned: Mastery by Robert Greene, The Nvidia Way by Tae Kim.
Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
Follow Cristiano on LinkedIn.
Follow Clay on X.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
Check out our We Study Billionaires Starter Packs.
Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

BTC225: Bitcoin Revolutionizing Renewable Energy w/ Daniel Batten (Bitcoin Podcast) Mar 12, 2025

Show notes

In this episode, Daniel Batten discusses how Bitcoin is driving advancements in renewable energy, the decentralization of global hash rates and mining pools, and the rise of heat reuse technology.

Together with Preston, they explore innovations in mining, the potential of zinc recycling and methane capture, the intersection of AI and Bitcoin, and the growing energy demands of the industry.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

01:35 - Innovations in the mining industry, including zinc recycling and methane landfill use

02:11 - How Bitcoin mining is decentralizing globally and why it matters

02:39 - The role of mining pool distribution in securing the network

03:03 - Why mining pools could pose a vulnerability in Bitcoin’s infrastructure

06:57 - How Bitcoin is disrupting the energy sector just like it disrupted finance

19:55 - The intersection of AI and Bitcoin and what it means for the future

24:43 - Why increasing energy demand for Bitcoin mining isn't necessarily a bad thing

34:05 - The future of heat reuse in Bitcoin mining and the Heatpunk Summit

40:58 - Insights into the "Bitax" and its potential impact on Bitcoin

49:12 - The type of power generation that will likely dominate Bitcoin mining in the future

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Daniel’s X account.
Daniel’s Nostr account.
Why Bitcoin Mining is Indispensable Climate Action by Daniel Batten.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.
Check out our Bitcoin Fundamentals Starter Packs.
Browse through all our episodes (complete with transcripts)here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
Learn how to better start, manage, and grow your business with thebest business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

TIP705: The Quiet Winners: Unveiling Hidden Value w/ Adam Wilk Mar 09, 2025

Show notes

On today’s episode, Kyle Grieve chats with Adam Wilk about the powers of incremental improvement, what he learned as an NBA scout about finding hidden value, why making the investing process more labour intensive has led to outperformance, the hidden difficulties of identifying quality in small-cap stocks, how to utilize aspects of special situation investments to find hidden compounders, the shared qualities found in Adam’s best investments, and a whole lot more!

Adam Wilk is the Founder and Portfolio Manager of Greystone Capital Management, LLC, leading a concentrated small and micro-cap long-only strategy. With a background in professional sports, including roles as a scout for NBA teams like the Spurs and Rockets, Adam honed skills in talent evaluation, data analysis, and risk management. His passion for value investing began in 2013, inspired by Warren Buffett’s writings, leading to a career pivot and the creation of Greystone. Adam shares his investment insights through research reports and his blog, Pound the Rock Investing.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

04:14 - How small bits of incremental progress lead to outsized returns over time.

07:51 - Key insights in finding undervalued assets that he learned from looking for undervalued talent for an NBA team.

10:00 - Why making the investing process labour-intensive creates differentiated insights.

15:48 - Why keeping costs low in a fund decreases sensitivity to market volatility.

19:58 - Why identifying quality in small caps comes with inherent difficulty compared to more discovered businesses.

20:35 - Why change in expectations is such a powerful catalyst.

31:13 - How special situations can cause underappreciation of a quality business and obscure upside.

33:55 - Insights into how to evaluate and underwrite management teams.

35:22 - Some of the biggest lessons Adam learned about management from his greatest investment mistake.

49:28 - The qualities that have shown up in Adam's biggest winners.

And so much more!

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
Buy The Warren Buffett Portfolio here.
Follow Kyle on Twitter and LinkedIn.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
Check out our We Study Billionaires Starter Packs.
Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

TIP704: The Nvidia Way w/ Tae Kim Mar 07, 2025

Show notes

On today’s episode, Clay is joined by Tae Kim to discuss his new book, The Nvidia Way, which outlines the making of one of the greatest tech businesses in the world. Nvidia is the darling of the age of artificial intelligence as its chips are powering the generative-AI revolution, and demand is insatiable.

Since the IPO in 1999, shares of Nvidia are up by 285,000%, which is a compounded return of 37% per year.

Tae Kim is a senior technology writer at Barron’s. To uncover Nvidia’s brilliant story, Tae interviewed more than one hundred people who were involved in their journey, including Jensen himself, his two co-founders, VC investors, and current senior executives and managers.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

06:14 - The unique culture of Nvidia and how they’re able to prevent office politics from creeping in.

15:20 - Jensen’s intense desire to succeed at all costs.

23:06 - How Nvidia became the only graphics chip company from the 1990s that survived.

30:16 - How Nvidia essentially invented the GPU market.

40:49 - Why Nvidia is winning the AI race.

51:47 - How Jensen Huang has prepared Nvidia to dominate the AI revolution.

And so much more!

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
Tae’s book: The Nvidia Way.
Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
Follow Tae on X.
Follow Clay on X.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
Check out our We Study Billionaires Starter Packs.
Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

BTC224: Global Liquidity and Bitcoin w/ Matthew Mezinskis (Bitcoin Podcast) Mar 05, 2025

Show notes

In this episode, Preston and Matthew dive deep into Bitcoin’s design, its ability to protect financial autonomy, and the macroeconomic trends shaping its value.

Matthew breaks down Bitcoin price models, stock-to-flow analysis, and the role of global liquidity. They also explore the impact of Layer-2 solutions and make bold predictions about Bitcoin’s future in global finance.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

01:47 - Why Bitcoin serves as an "escape hatch" from centralized financial instability

04:34 - How Bitcoin’s design ensures individual financial autonomy in a digital world

06:26 - What historical economic patterns suggest about Bitcoin’s resilience

13:47 - The most overlooked factors in Bitcoin valuation and price modeling

18:48 - How stock-to-flow holds up today and alternative valuation frameworks

20:39 - Key metrics for tracking global liquidity and Bitcoin’s role as a store of value

28:38 - The significance of macro liquidity and its effect on Bitcoin’s adoption

31:38 The impact of Layer-2 scaling solutions on Bitcoin’s liquidity

43:44 - How Bitcoin’s fixed supply interacts with the need for liquidity in a digital economy

44:12 - A bold 10-year prediction for Bitcoin’s role in reshaping global finance

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Porkopolis Economicswebsite.
Matthew's X Account.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.
Check out our Bitcoin Fundamentals Starter Packs.
Browse through all our episodes (complete with transcripts)here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
Learn how to better start, manage, and grow your business with thebest business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

TIP703: Richer, Wiser, Happier Q1, 2025 w/ Stig Brodersen & William Green Mar 02, 2025

Show notes

On today’s show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” In their quest for meaningful relationships and being the best version of themselves, they discuss what has made them Richer, Wiser, or Happier in the past quarter. You’re invited to join them on their journey.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

01:51 - What makes you go weak and go strong.

01:51 - Why emotions can be real but not true.

22:03 - How to let go of experiences you would rather forget.

01:03:37 - How to attract the right people into your life.

01:17:47 - How to forge relationships inside and outside of the value investing community.

01:34:29 - Why should your default be to help other people, but ironically also to constantly say no.

01:35:58 - What William and Stig have read the last quarter that made them Richer, Wiser, and Happier.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
William Green’s book Richer, Wiser, Happier.
Stig Brodersen and William Green’s episode on being Richer, Wiser, and Happier, Q4 2024.
Stig Brodersen and William Green’s episode on being Richer, Wiser, and Happier, Q3 2024.
Stig Brodersen and William Green’s episode on being Richer, Wiser, and Happier, Q1 2024.
Stig Brodersen and William Green’s episode on being Richer, Wiser, and Happier, Q3 2023.
Stig Brodersen and William Green’s episode on being Richer, Wiser, and Happier, Q2 2023.
Stig Brodersen and William Green’s episode on being Richer, Wiser, and Happier, Q1 2023.
William’s interview with Terry Smith.
William’s interview with Arnold Van Den Berg.
William’s interview with Tsoknyi Rinpoche and Daniel Goleman.
Stig and Preston’s episode on The Speed of Trust.
Daniel Goleman’s book, Emotional Intelligence.
David Hawkins’ book, Power Vs. Force.
David Hawkins’ book, The Eye of the I.
Robert M. Pirsig’s Book, Zen and the Art of Motorcycle Maintenance.
Tara Bennett-Goleman’s book, Emotional Alchemy.
Stephen Covey’s book, The Speed of Trust.
Pico Iyer’s book, Aflame.
Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
Check out our We Study Billionaires Starter Packs.
Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

TIP702: Hedging Against Market Crashes w/ Kris Sidial Feb 28, 2025

Show notes

On today’s episode, Clay is joined by Kris Sidial to discuss tail risk hedging. A tail risk hedging strategy is designed to help investors protect their portfolios from extreme market downturns, reducing the risk of significant capital loss. By mitigating large drawdowns, investors can potentially achieve a smoother return profile over time, enhancing their Sharpe ratio and the long-term growth of their portfolio.

Kris Sidial is the co-investment officer of Ambrus Group, which implements a carry-neutral tail risk hedging strategy to protect investors against market crashes.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

01:40 - What a tail risk hedging strategy is and how it’s implemented.

06:25 - What is the VIX, and how it ties into a tail risk hedging strategy.

08:28 - Examples of historical market blowups where a tail risk strategy thrives.

21:07 - Why the reflexive nature of markets has led to more violent and swift drawdowns in recent years.

31:06 - The benefits of a tail risk strategy to investor portfolios.

50:41 - Legendary traders Kris looks up to and books that influenced him the most.

And so much more!

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
Kris’s firm: Ambrus Group.
Book mentioned: The Misbehavior of Markets.
Episode mentioned: TIP128: Edward Thorp: Investing Legend, Math Genius.
Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
Follow Kris on Twitter.
Follow Clay on Twitter.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
Check out our We Study Billionaires Starter Packs.
Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Learn how to better start, manage, and grow your business with the best business podcasts.