Big Market Delusions

This Week on The Compound

March 16, 2025

This Week on The Compound

Agenda for the Morningstar Investment Conference Announced

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This week on TCAF, Josh and Michael were joined by returning guest Rob Arnott, founder and Chairman of Research Affiliates. They discussed the market selloff, the attraction of value stocks, the evolution of the CAPE ratio, and the recent outperformance of international stocks. (Listen)

INSIDE THE COMPOUND

Last week’s episode of TCAF with Tom Lee hit #10 on the Spotify list of the top business podcasts. Pretty cool. Thanks for listening and watching!

OUTSIDE THE COMPOUND

Volatility has picked up this year as investors have repriced stocks. It’s a good reminder that the stock market can be a big distraction from the actual business of investing. Prior Compound guest, Drew Dickson of Albert Bridge Capital, reminded us of this in a post this week. He wrote:

Of course, none of us has those crystal balls, and without inside information, we’re all starting off flipping coins. But to the extent that we can gather and interpret fundamental information as objectively as possible – as other price-making investors are distracted and doing other things – then all of the sudden that coin flip starts to tilt in your favor. Can you get it out to 55% win vs. 45% lose? Can you get it to even better levels?

Drew Dickson

MERCH

idontshop.com is back up! You can now order your favorite Compound merch like our The Compound and Friends t-shirt.

COMING SOON

This week on TCAF, Josh and Michael will be joined live by returning guest Joe Terranova, Senior Managing Partner and Chief Market Strategist at Virtus Investment Partners.

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