Quantitative Insight with a Discretionary Edge

Featuring Richard Excell

Richard Excell, Senior Portfolio Manager at Wolverine Asset Management, gives Michael Green a glimpse into his investment process, with an understanding that the fundamentals driving the market might not be the fundamentals you are paying attention to. Fusing quantitative insights, from ‘bots’ monitoring sector-focused portfolios, with his discretionary expertise, Rich gauges the motivation behind the passive money inflows dominating investment markets. Filmed on May 25, 2017, in Las Vegas.

Published on
30 June, 2017
Topic
Structural flows, US Economy, Hedge fund
Duration
53 minutes
Asset class
Real Estate, Bonds/Rates/Credit, Equities
Rating
40

Comments

  • KK

    Kevin K.

    3 7 2017 13:24

    1       0

    It would have been great for him to go into more detail on how he conducts his fundamental analysis.

  • VS

    Victor S.

    3 7 2017 13:15

    0       1

    Very interesting discussion , but the answer to flat wages and thereby disinflation is answered by Govt trends to Socialism world wide. Tax increases see ACA and Climate change HOAX etc . People can't spend if they don"t have money?? You may wish to think about this more?

  • us

    ujjwal s.

    2 7 2017 19:01

    0       0

    Another great interview, love to hear more conversation on these lines. Thanks

  • DM

    Daniel M.

    2 7 2017 16:58

    0       0

    This is fantastic! Love the fresh ideas and the explanation of his process.

  • LC

    Liliana C.

    2 7 2017 03:11

    0       0

    The opportunities to profit are there if you listen carefully and extrapolate. Thankso to both interviewer and interviewee!

  • JH

    Jesse H.

    1 7 2017 23:28

    0       5

    Good interview, but again I believe it could be improved by the interviewer speaking a bit less. Mike Green is totally brilliant and an excellent commentator, but I would like to see him make it less of a conversation and more of an interview, drawing out the key insights from the interviewee and spending less time trying to discuss proprietary information (such as the 56-metric based approach), which really doesn't inform us of much, as Richard could not go into detail about his work in this regard. All up, though, still interesting and good interview.

  • CB

    CLAUDE B.

    1 7 2017 23:01

    3       4

    Ygffgyxygvygggxuhygy dugrTdj. J u b j

  • AG

    Amir G.

    1 7 2017 20:52

    10       0

    This was one of those interviews where they cover a whole range of broad topics and after an hour of watching you ask yourself what the main point(s) of the discussion was.

  • NH

    Neil H.

    1 7 2017 17:35

    8       0

    Great big picture thinking but I came away with no conclusions

  • BS

    Baldev S.

    1 7 2017 12:57

    1       0

    At least this time Michael focused on more probing questions this time instead of talking more than the person he's interviewing. I agree that his insight this time around was complementary to Rich's comments

  • MN

    Mark N.

    1 7 2017 05:41

    0       0

    I love the market anomalies they divulge. To me it wasn't clear what they did with these anomalies though; do they trade in the same direction as these anomalies as kind of a momentum approach or do they go against them, betting that the anomalies with will disappear in the long run as a value approach?

  • TR

    Thomas R.

    30 6 2017 23:30

    0       0

    Evaluating ETF inflows to their bias to determine what is going to move

  • LT

    Luis T.

    30 6 2017 23:10

    1       0

    Great interview and strong dynamics.

  • DS

    David S.

    30 6 2017 19:01

    0       0

    Taking undervalued companies private from Target to small corporations may be a better way to run a business – away from the micromanagement of Wall Street. The key question is how to develop long-term equity and debt investors in these businesses? DLS

  • KA

    Kristian A.

    30 6 2017 18:02

    19       0

    Michael Green is just great, on both sides of the interviews. Looking forward to a follow up to his last interview with Raoul.

  • dj

    daniel j.

    30 6 2017 17:30

    4       6

    This interviewer talks a lot.

  • HJ

    Harry J.

    30 6 2017 16:21

    8       0

    Mike green is the Neil DeGrass Tyson of finance!
    Love to watch his mind work.
    Excellent work as usual!

  • RM

    Richard M.

    30 6 2017 14:46

    5       0

    Excellent interview! Mike Green just asks such great questions and has such great observations - superb interviewer! And the interviewee was super smart too! Great job!

  • MM

    Michael M.

    30 6 2017 14:43

    1       0

    Great stuff, love Michael Green's stuff. Can someone explain the terms 'marginal buyer/seller' and 'at the margin' - for a a layperson?

  • Nv

    Nick v.

    30 6 2017 12:35

    4       0

    Absolutely excellent. Well done