Trading Tech Momentum

Published on
6 September, 2018
Topic
Liquidity, Passive Investing, Trading
Duration
22 minutes
Asset class
Equities

Trading Tech Momentum

Featuring Michael Block

Michael Block, Managing Director at Third Seven Advisors, explains how illiquidity and passive investing will lead to positive momentum in the tech sector. He discusses how to take advantage of the opportunity in this interview with Brian Price. Filmed on September 4, 2018.

Published on
6 September, 2018
Topic
Liquidity, Passive Investing, Trading
Duration
22 minutes
Asset class
Equities
Rating
27
Sharing

Comments

  • WB

    William B.

    18 9 2018 07:39

    0       0

    Excellent. Learned a lot in short interview. Hard to beat that!

  • MC

    Matthew C.

    17 9 2018 12:54

    0       0

    Really good ! It's really important to understand how institutional order flow has changed over the past 10 years. Michael's explanation is spot on.

  • HS

    Hisham S.

    14 9 2018 19:59

    0       0

    This guy keeps it real.

  • MG

    Mohamed G.

    10 9 2018 14:03

    0       0

    Fkn dynamite. This guy is on the ball with the passive gospel and flows dominating returns. This has been the case with flows dominating country performance on a macro scale interesting to see how this global trend has taken over US public markets. The effects of regulation, technological trends and mass psychology on steroids = the QQQ’s of today.

  • MM

    Mike M.

    9 9 2018 21:51

    0       0

    Very good. Would like to have Mike appear more frequently. Thank you.

  • CT

    Christopher T.

    9 9 2018 16:34

    0       0

    really like his style and logic

  • PG

    Philippe G.

    8 9 2018 21:39

    0       0

    Great conversation. Appreciated Michael's plain honesty and delivery style!

  • NI

    Nate I.

    7 9 2018 04:17

    2       0

    The index funds and ETFs will be the subject matter of the next Wall Street debacle. I think Michael is right about ETFs and index funds climbing higher, but eventually the same dynamic that's pushing grossly overvalued companies to the moon will work in reverse. Tracking error will be an understatement. I could see some lesser known names with a zero bid when ETF/index owners suddenly get into a selling mood. Short sellers and active managers with cash once filled this gap. In their absence, who will be buying?

  • NH

    Neil H.

    6 9 2018 16:35

    2       0

    Michael left me with a lot to think about. While he is bullish on tech currently I am wondering when he will pull the plug, or if he will pull the plug. The enthusiasm for tech reminds me a lot of 1999.

  • RM

    Richard M.

    6 9 2018 15:28

    7       0

    Really liked it - very entertaining guy and he provided some very useful info and background. Thanks Michael and Brian!

  • AM

    Artur M.

    6 9 2018 13:58

    0       0

    Well, we will get to know what China will do very soon as tariffs are on table tomorrow

  • ns

    niall s.

    6 9 2018 13:37

    0       0

    The Trump put ............right.

  • AP

    A P.

    6 9 2018 12:20

    5       4

    - "A thing called a hedge fund" - those places don't exist anymore?
    - There is an entire fantastic masterclass about ETFs with Steve Bregman on RV, much better perspective on the matter
    - On diversification and bonds, if we get inflation this risk-parity trade won't work (see Gave on Macrovoices).
    - Then saying "maybe (approx. x10 times) you should diversify in A-B-C-D" before recommending to buy tech in an ETF. Really? This is a recommendation?
    - "EM is scaring me" - any substance?

    This lack of substance/nuance and arrogance really made me not enjoy the interview.

  • RI

    R I.

    6 9 2018 12:16

    3       2

    Sounds like this guy has been losing money for a while. Maybe he should take his own advice and buy EM as the dollar starts to turn back down any minute now.

  • JS

    John S.

    6 9 2018 10:48

    0       0

    I like this guy!

  • CY

    CHIHLUN Y.

    6 9 2018 09:57

    12       1

    Great interview, Michael’s stories and narratives are not only informative, they are entertaining too. Really looking forward to hear more from him in the future.

    I also think Brian is a great interviewer, asking a question or two, sitting back and letting Michael run with his narrative, and then compacts Michael’s views into a few key sentences for the viewer.