We Asked a $1 Billion Quant Manager Why Concentration Isn't a Warning — and Small Caps Aren't Dead
About this episode
Matt Zenz discusses evidence-based investing and its relevance in navigating current market challenges.
Matt Zenz of Longview Research Partners joins Excess Returns to explain how evidence-based investing can help investors navigate AI excitement, market concentration, high valuations, IPO hype, factor investing and fixed income tax drag. We discuss why bubbles are hard to identify in real time, why diversification still matters, how valuation spreads shape expected returns, what AI capex does and does not tell us, and how investors can think about taxable bonds more efficiently. Longview Research Partners https://longviewresearchpartners.com/ Main topics covered Why evidence-based investing matters during bubble-like markets The emotional reality of holding risk assets through painful periods How to think about market concentration without jumping straight to bubble calls Why global diversification changes the mega-cap dominance story What high market valuations mean for financial planning and expected returns Why wide valuation spreads may create a better setup for value stocks What factor research says about AI capex and corporate investment How Longview builds a diversified factor strategy around discount rates Why implementation, trading flexibility and scale matter in factor…
More episodes of Excess Returns
- It Only Happens at Bottoms | Andy Constan on the Options Extreme That Showed Up at the Highs
- Jack Schwager on Timeless Lessons from Elite Traders
- The Recession the Unemployment Rate Can't See | Eric Pachman on the Data Beneath the Jobs Report
- Jim Paulsen Sees a Correction Coming | The 33 Charts That Turned Him Cautious
- Big Uptrend. Tech Momentum Fading | Katie Stockton on the Rotation Investors Are Missing
- The $600 Billion Loop | Jeff Klingelhofer on AI, the Return of Bonds and the Fed's Third Mandate
Explore listener stats, chart rankings, contacts and more on the Excess Returns podcast page.