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Excess Returns

Excess Returns
Value Investing
Investing
Risk Management
Market Volatility
Long-Term Investing
Factor Investing
Investment Philosophy
Diversification
Federal Reserve
Asset Allocation
Inflation
Passive Investing
Investment Management
Charlie Munger
Behavioral Finance
Generative AI
Asset Pricing Theory
Momentum Investing
Momentum
Resurrecting the Value Premium

Excess Returns is dedicated to making you a better long-term investor and making complex investing topics understandable. Join Jack Forehand, Justin Carbonneau and Matt Zeigler as they sit down with some of the most interesting names in finance to discuss topics like macroeconomics, value investing, factor investing, and more. Subscribe to learn along with us.

PublishesDailyEpisodes425Founded6 years ago
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BusinessInvesting

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Latest Episodes

In this episode of Excess Returns, we sit down with Andrew Beer to break down managed futures, hedge fund replication, diversification, and what investors can realistically expect from these alternative strategies. Andrew explains why managed futures... more

YouTube

We are including this episode from our separate show Teach Me Like I'm Five in the Excess Returns feed. If you would like to continue receiving new episodes, subscribe using the links below.

In the episode, we sit down with Business Breakdowns host ... more

In this episode of Excess Returns, Graeme Forster of Orbis joins us to discuss two major research papers: Six Courageous Questions for 2026 and Sunrise on Venus. We explore how long-running global trends may be reversing, what that means for U.S. dom... more

YouTube

James Grant, legendary founder of Grant’s Interest Rate Observer, joins us for a wide-ranging conversation on cycles, interest rates, inflation, credit, the Federal Reserve, private markets, gold, and the future of investing. Grant brings five decade... more

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Recent Guests

James Grant
Founder of Grant's Interest Rate Observer and a respected finance commentator
Episode: The Thunderclap That Ends the Cycle | Jim Grant on the Risk No One Sees
Al Green
Founding partner at Green Wealth Management Group
Green Wealth Management Group
Episode: The Pattern Is Staggering | Mary Ann Bartels on Why This Bull Market Is Just Getting Started
Mary Ann Bartels
Chief investment strategist at Sanctuary Wealth
Sanctuary Wealth
Episode: The Pattern Is Staggering | Mary Ann Bartels on Why This Bull Market Is Just Getting Started
Carl Kaufman
Co-president and co-CIO at Osterweis Capital Management
Osterweis Capital Management
Episode: The Risk Isn't Where You Think | Carl Kaufman on AI Capex, Private Credit and the Hidden Bond Play
Cameron Dawson
Chief Market Strategist at Fieldpoint Private and podcast guest
Fieldpoint Private
Episode: The Bull Market Where Everyone Feels Broke | Behind the Rise of Financial Nihilism
Dave Nottig
Market expert and podcast guest
ETF.com
Episode: The Bull Market Where Everyone Feels Broke | Behind the Rise of Financial Nihilism
Brent Kochuba
Founder of SpotGamma, a platform analyzing options market data.
SpotGamma
Episode: The Two Tailed Market Risk | Brent Kochuba on What the Options Market Tells Us About What Comes Next
Bill Bengen
Financial planner known for developing the 4% rule for retirement withdrawals.
Author of A Richer Retirement
Episode: He Invented the 4% Rule | Bill Bengen on Why He Now Thinks 5% Works
Michael Mauboussin
Author and well-known expert on investing principles
Episode: The Most Powerful Investing Tool You Aren’t Using | Four Lessons from Michael Mauboussin

Hosts

Matt Zeigler
Co-host with a focus on investment strategies and long-term investing principles.
Jack Forehand
Host and co-host known for his expertise in market analysis and guest interviews focusing on investment strategies.
Justin Carbonneau
Co-host who engages guests in discussions aimed at demystifying investing concepts.

Reviews

4.8 out of 5 stars from 148 ratings
  • Great show and many thanks for such brilliant guest in this episode.

    Podcast Addict
    5
    alpha
    6 months ago
  • Rob Arnott

    Rob Arnott is arrogant and partisan. His view on Covid is absolutely ridiculous.

    Apple Podcasts
    1
    maybdihjlz
    United States6 months ago
  • Like the show

    Excellent job

    Apple Podcasts
    5
    Qrrvjkgxhjlkvg
    United Statesa year ago
  • Super informative!

    This podcast is a must listen for anyone looking to enhance their investing strategies and understanding of finance. Jack and Justin are highly knowledgeable and each episode is filled with valuable insights.

    Apple Podcasts
    5
    maddie@podcastingyou
    United States4 years ago
  • Excellent Podcast

    This is an excellent podcast. The guests are intelligent and insightful, and the hosts ask good questions then let the guests respond without interrupting. One of the better investing podcasts out there. Keep up the good work!

    Apple Podcasts
    5
    Missing61
    Canada4 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

The hosts allow guests ample time to discuss without interruption, enhancing the listening experience.
Super informative!
Jack and Justin make complex investing topics understandable for all audiences.
Great value with high-quality speakers and educational content.
Excellent Podcast, with intelligent and insightful guests.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#108
United States/Business/Investing
Apple Podcasts
#240
United States/Business
Apple Podcasts
#109
Canada/Business/Investing
Apple Podcasts
#143
United Kingdom/Business/Investing
Apple Podcasts
#154
Canada/Business
Apple Podcasts
#114
Australia/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

The Bubble You Can't Short | Rob Arnott on What You Can Do Instead
Q: What practically can investors do here if they have these concerns?
Rob emphasizes that investors should diversify their portfolios and incorporate value investing strategies such as the fundamental index to manage their exposure to current market valuations.
The Bubble You Can't Short | Rob Arnott on What You Can Do Instead
Q: Can you kind of walk us through how you think about looking at bubbles and assessing whether or not the market or areas of the market might be in a bubble?
Rob discusses the characteristics of bubbles, emphasizing that they arise when price assumptions become implausible and when the narrative surrounding the marginal buyer outweighs objective analysis.
The Risk Isn't Where You Think | Carl Kaufman on AI Capex, Private Credit and the Hidden Bond Play
Q: Based on your experience in the markets, what's the one lesson you would teach your average investor?
Be patient and only invest what you can afford to lose, in most cases.
The Risk Isn't Where You Think | Carl Kaufman on AI Capex, Private Credit and the Hidden Bond Play
Q: What's the one thing you believe about investing that most of your peers would disagree with you on?
I still think it's about providing a low volatility, reasonable return to investors, whereas I think some of my peers might think it's about going for broke when the time is right.
The Real Estate Bust Was the Plan | Louis-Vincent Gave on China's Brute Force Growth Strategy
Q: What are your views on the risk of Taiwan?
The risk is largely overstated; the current political landscape in Taiwan makes an invasion unlikely in the near term.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Gender Skew
Location
Interests
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Frequently Asked Questions About Excess Returns

What is Excess Returns about and what kind of topics does it cover?

Focused on fostering long-term investment strategies, this podcast explores the complexities of macroeconomics, value investing, and factor investing in a way that is both engaging and enlightening for listeners. The hosts, along with a lineup of expert guests, tackle a variety of pressing financial topics, making them approachable for investors of all levels. Notable themes include discussions on market dynamics, investment strategies, and insights from prominent figures in the finance industry. The show's unique emphasis on blending educational content with insightful analysis positions it as an invaluable resource for anyone looking to enhance their investment acumen.

Where can I find podcast stats for Excess Returns?

Rephonic provides a wide range of podcast stats for Excess Returns. We scanned the web and collated all of the information that we could find in our comprehensive podcast database. See how many people listen to Excess Returns and access YouTube viewership numbers, download stats, audience demographics, chart rankings, ratings, reviews and more.

How many listeners does Excess Returns get?

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What are the audience demographics for Excess Returns?

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How many subscribers and views does Excess Returns have?

To see how many followers or subscribers Excess Returns has on Spotify and other platforms such as Castbox and Podcast Addict, simply upgrade your account. You'll also find viewership figures for their YouTube channel if they have one.

Which podcasts are similar to Excess Returns?

These podcasts share a similar audience with Excess Returns:

1. The Meb Faber Show - Better Investing
2. Top Traders Unplugged
3. The Acquirers Podcast
4. Monetary Matters with Jack Farley
5. Forward Guidance

How many episodes of Excess Returns are there?

Excess Returns launched 6 years ago and published 425 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact Excess Returns?

Our systems regularly scour the web to find email addresses and social media links for this podcast. We scanned the web and collated all of the contact information that we could find in our podcast database. But in the unlikely event that you can't find what you're looking for, our concierge service lets you request our research team to source better contacts for you.

Where can I see ratings and reviews for Excess Returns?

Rephonic pulls ratings and reviews for Excess Returns from multiple sources, including Spotify, Apple Podcasts, Castbox, and Podcast Addict.

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What guests have appeared on Excess Returns?

Recent guests on Excess Returns include:

1. James Grant
2. Al Green
3. Mary Ann Bartels
4. Carl Kaufman
5. Cameron Dawson
6. Dave Nottig
7. Brent Kochuba
8. Bill Bengen

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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