Sizing Up the “New Kids on the Block” and the Efficient Market Lie — Live with Matt Rowe

Published on
February 2nd, 2021
Duration
63 minutes

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Sizing Up the “New Kids on the Block” and the Efficient Market Lie — Live with Matt Rowe

Live ·
Featuring Matt Rowe and Max Wiethe

Published on: February 2nd, 2021 • Duration: 63 minutes

Is believing in efficient markets a bit like believing in Santa Clause? One could argue that the outrage and confusion surrounding the recent debacle with Robinhood and GameStop is the result of the opening of investors’ eyes to the fact that there is no such thing as Santa Clause. In this interview with Max Wiethe, Matt Rowe of Headwaters Volatility makes the case that markets are inefficient and have been since long before this recent and obvious reminder. On the other hand, Rowe highlights that the new participants like Robinhood’s users and “new” structures like SPACs should not be ignored, especially in their impact on volatility. Rowe and Wiethe will also discuss why shorts and the relative value trades often including shorts are so difficult to manage even without concerted short squeezes.

Comments

Transcript

  • SG
    Steve G.
    7 February 2021 @ 13:52
    Dude needs a better mic
  • OO
    Olga O.
    5 February 2021 @ 20:19
    My favorite guest. Excellent always. Thank you, Matt and RV.
  • KE
    Kathryn E.
    5 February 2021 @ 03:24
    Great interview. Love his idea of the mosaic approach
  • DD
    Dmitry D.
    4 February 2021 @ 19:45
    Great stuff! Matt's ability to explain complex issues in a very accessible manner is a real gift. Looking forward to his next appearance
  • TR
    Theodore R.
    4 February 2021 @ 15:28
    Great piece. Thank you.
  • GP
    Giorgio P.
    4 February 2021 @ 12:54
    Insolvency rates at record lows...fits perfectly with Raoul's thesis.
  • MS
    Mark S.
    4 February 2021 @ 06:05
    Thanks for asking my question. I think the strategy I described would be better for an index or like Matt suggested something like a commodity (Silver). Cheers