77 episodes

The Contrarian Investor podcast gives voice to those who challenge a prevailing narrative in financial markets. Each episode features an interview with a hedge fund manager, investor, economist or other market participant. The goal is to educate all listeners with an interest in asset allocation and ultimately to provide actionable ideas to the institutional investor community.

The Contrarian Investor Podcast Nathaniel E. Baker

    • Business
    • 5.0 • 3 Ratings

The Contrarian Investor podcast gives voice to those who challenge a prevailing narrative in financial markets. Each episode features an interview with a hedge fund manager, investor, economist or other market participant. The goal is to educate all listeners with an interest in asset allocation and ultimately to provide actionable ideas to the institutional investor community.

    Distressed Investing for Retail Investors, With Chris Krug, Chatham Harbor Capital

    Distressed Investing for Retail Investors, With Chris Krug, Chatham Harbor Capital

    This episode is brought to you by Merk Research. Visit this link to take advantage of the offer presented on the podcast. To listen without ads or announcements, become a premium subscriber, which gets you access to a host of other benefits, including (but not limited to) the new Daily Contrarian podcast, released every market day morning by 7:00 a.m. eastern time.
    Chris Krug of Chatham Harbor Capital Management joins the podcast to discuss his hedge fund's strategy of buying equity of distressed companies.

    Krug has a unique background and a unique approach, targeting the equity of companies that are heavily indebted but face a transformation. He shares his insights with listeners with the understanding that nothing is to be considered investment advice.
    Content Highlights
    (Spotify users can click on the timestamp to link to the start of the segment directly)
    Overview of Krug's contrarian investment strategy: buying stocks of companies that are loaded up with debt (3:49); Debt-to-Ebitda is not a great metric. Investors should look at debt to free cash flow instead (5:57); Chatham Harbor's screening process for new ideas (9:44); The fund's largest holding right now: a collections agency for the IRS and student loans that is transforming to a healthcare company (15:27); A look at the macro picture: what if interest rates go up and it becomes harder for these companies to refinance? (28:05); Background on the guest (30:28); More about Chatham Harbor's portfolio and its holding of a private prison company (34:03); The small-cap game is about volume. You need to look at thousands of names and stay on top of the developments (43:42). More Information on the Guest
    Website: ChathamHarborCapital.com; Twitter: @chcap2016; LinkedIn.

    • 52 min
    The Case for Indian Stocks: Ethan Widell, Ironhold Capital

    The Case for Indian Stocks: Ethan Widell, Ironhold Capital

    This episode is brought to you by Merk Research. Visit this link to take advantage of the offer presented on the podcast. To listen without ads or announcements, become a premium subscriber, which gets you access to a host of other benefits, including (but not limited to) the new Daily Contrarian podcast, released every market day morning by 7:00 a.m. eastern time.
    Ethan Widell, senior analyst at Ironhold Capital, joins the podcast to discuss the case for Indian stocks.

    The country is currently suffering under record cases of coronavirus, with horrific humanitarian consequences. This has understandably weighed on investors' minds. But there are other transformations underway in India's economy that make the investing prospects exciting in the long run.
    Content Highlights
    (Spotify users can click on the timestamp to link to the start of the segment directly)
    India's macroeconomic positioning is "extraordinary" and conducive to growth (3:01); Infrastructure and bureaucratic red tape remain an impediment to growth, but the trend is toward deregulation (7:10); Covid cases are spiking. A clear concern and troubling from a humanitarian point of view, but where investing is concerned Ironhold sees this as a short-term issue. Indeed, most companies have already adjusted (11:20); What sectors is Ironhold most excited about right now? (13:53); Background on the guest (20:22); A niche segment of India's stock market that the firm likes a lot right now (24:12); Contrary to popular belief, there are opportunities to buy stocks for those willing to look in niche corners of the market. One is India's mutual fund industry (29:12). More Information on the Guest
    Website: IronholdCapital.com; LinkedIn; Podcast: Leaders in Business and Investing.

    • 35 min
    Risk Versus Returns: Rethinking the Connection, with Chris Belchamber

    Risk Versus Returns: Rethinking the Connection, with Chris Belchamber

    This episode is brought to you by Merk Research. Visit this link to take advantage of the offer presented on the podcast. To listen without ads or announcements, become a premium subscriber, which gets you access to a host of other benefits, including (but not limited to) the new Daily Contrarian podcast, released every market day morning by 7:00 a.m. eastern time.
    Chris Belchamber joins the podcast to discuss his book Invest Like The Best: The Low-Risk Road to High Returns and challenge the axiom that market-beating returns are not possible without taking on large amounts of risk.

    Belchamber has studied the most successful investors' track records over decades. One thing they all have in common is prioritizing risk aversion and behavioral discipline. There are simple lessons to be learned for 'novice' investors.
    Content Highlights:
    (Spotify users can link to the segment directly by clicking on the timestamp)
    Most financial advisers have bought in to the idea that more risk will generate higher returns. This "simple line of argumentation is just wrong." (6:39); 'Paradox investing' and Radobank's model (10:57); The mindset of successful investors is all about risk aversion. The biggest problem facing investors is their own behavior (13:56); 'The optimization of the brain' function: what it is and how to go about it without getting exhausted (17:23); Background on the guest (23:05); Belchamber's meeting with John Meriwether (26:42); Jim Simons and Renaissance Technologies (28:52); Red flags and other things investors should look for (33:07); The current state of the economic and market cycle and why the second half of this year could be a lot different -- and worse (38:29). More Information about the Guest:
    Website: ChrisBelchamber.com; Book via Amazon.com; Twitter: @ChrisCBIM.

    • 43 min
    Markets to Peak at End of 2nd Quarter Before Bust: David Hunter

    Markets to Peak at End of 2nd Quarter Before Bust: David Hunter

    David Hunter of Contrarian Macro Advisors rejoins the podcast to update listeners on his prediction of a 'parabolic melt-up' in risk assets that will be followed by a 'deflationary' bust.

    Over the course of the 40-minute conversation, Hunter also updates his forecasts for rates, technology stocks, commodities, and more.

    • 44 min
    Archegos Capital and Using Behavioral Finance to Protect Yourself From Yourself

    Archegos Capital and Using Behavioral Finance to Protect Yourself From Yourself

    Gary Mishuris, managing partner and chief investment officer at Boston-based Silver Ring Value Partners, joins the podcast to discuss using behavioral finance to protect against mistakes in one's own investing process.

    • 52 min
    Don't Call Tech Stocks Overbought: Shana Sissel, Spotlight Asset Group

    Don't Call Tech Stocks Overbought: Shana Sissel, Spotlight Asset Group

    Sissel also has some views on working from home, why there aren't more women in professional investing, GameStop, and which cities in the U.S. have the best pizza, among other things.

    • 1 hr 11 min

Customer Reviews

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3 Ratings

SUFC90 ,

Really insightful stuff!

Great pofcast! Highly recommended!

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