Cutting Life Insurance Short

Published on
July 20th, 2018
15 minutes

Cutting Life Insurance Short

Trade Ideas ·
Featuring Jeremy Shoykhet

Published on: July 20th, 2018 • Duration: 15 minutes

Jeremy Shoykhet of the Active Owners Fund is wary on the growth potential for several U.S. life insurance companies. Specifically, he’s troubled by Athene’s current business model, which revolves around an aggressive tax and capital structure. In this interview with Brian Price, Jeremy now says that Athene provides for a compelling short opportunity. Filmed on July 16, 2018.


  • SO
    Sloane O.
    8 August 2018 @ 01:17
    "They've deliberately chosen to invest in illiquid securities in sort of a reach for yield."
  • lb
    larry b.
    20 July 2018 @ 16:03
    awful risk to reward. may be good analysis but why take a trade with equal upside to downside.
    • RP
      Reinaldo P.
      20 July 2018 @ 18:06
      He explained it, it's a hedge... part of a broader portfolio.
    • JS
      Jeremy S.
      30 July 2018 @ 18:33
      think probability weighted the risk reward is attractive - also portfolio hedge so if these go up, your long book should be doing well anyway
  • JL
    Jinny L.
    21 July 2018 @ 12:25
    Anyone have any insights into which insurance products pose more risk to insurance companies? Any good primers on how to analyze insurance companies? Thanks
    • SM
      Sarit M.
      21 July 2018 @ 16:22
      Would love to get some more insights in this area. I've exactly the same questions, Chewy
    • JS
      Jeremy S.
      30 July 2018 @ 18:32
  • JP
    Janusz P.
    20 July 2018 @ 09:55
    Jeremy, I'm hesitant to make my comment but... in my opinion your attire sends (to say the least) a very confusing signals and I will leave it at that. You're obviously a very knowledgable, no BS guy, unlike some snake oil salesman on RVTV.
    • CM
      Carlos M.
      20 July 2018 @ 10:31
      clearly you have never worked for a HF ... I would be more worried if he came with a suit actually.
    • CM
      Carlos M.
      20 July 2018 @ 10:32
      plus at least at first glance he made a lot of sense.
    • WP
      William P.
      21 July 2018 @ 04:56
      Would a Bow Tie make you more comfortable with the trade
  • BS
    Buy100oz S.
    20 July 2018 @ 10:22
    I hope active owners fund also has savvy accountants who have experience in Insurance accounting specifically. That plus commercial awareness from the likes of Jeremy is the edge that is required to navigate the insurance market from an investment/speculative perspective.