Practical Lessons from Rob Arnott | Spotting Bubbles Early, Value Investing and the Rise of Passive

In this episode of Two Quants and a Financial Planner, we dive deep into the insights we've gained from our conversations with investing legend Rob Arnott. We explore Rob's unique perspectives on identifying market bubbles, the challenges facing value investors in today's market, and how the rise of passive investing is reshaping market dynamics. We break down Rob's thoughts on the power of narratives in investing, challenge common assumptions about interest rates and value/growth performance, and discuss the potential impact of AI on the financial industry. Throughout the episode, we share our own experiences and interpretations, making these complex topics accessible and relevant for investors at all levels. 0:00 Introduction 3:06 Defining market bubbles 11:05 Challenges of identifying bubbles in real-time 17:07 Breaking the link with price in investing strategies 22:49 - The rise of passive investing and mean reversion 31:24 Interest rates and value vs growth performance 36:39 The power of narratives in investing 43:45 The future of AI in finance and investing OUR 2024 INTERVIEW WITH ROB https://youtu.be/Jn3qo8tFda4 OUR 2021 INTERVIEW WITH ROB https://youtu.be/sPwBeok5DTM SEE LATEST EPISODES ⁠⁠⁠https://excessreturnspod.com FIND OUT MORE ABOUT SUNPOINTE INVESTMENTS ⁠⁠⁠https://sunpointeinvestments.com/⁠⁠⁠ FIND OUT MORE ABOUT VALIDEA CAPITAL ⁠⁠⁠https://www.valideacapital.com⁠⁠⁠ FOLLOW MATT Twitter: ⁠⁠⁠https://twitter.com/cultishcreative⁠⁠⁠ LinkedIn: ⁠⁠⁠https://www.linkedin.com/in/matt-zeigler-a58a0a60/ FOLLOW JACK Twitter: ⁠⁠⁠https://twitter.com/practicalquant⁠⁠⁠ LinkedIn: ⁠⁠⁠https://www.linkedin.com/in/jack-forehand-8015094⁠⁠⁠