To Survive Disasters, You Need Smiles (guest: Steve Hou)

1

Introduction

00:00 • 2min

2

The Best IPA I've Ever Had

01:42 • 2min

3

You're All Happy. We're Going to Have a Lot of Fun.

03:15 • 2min

4

The Raffles Institution

05:19 • 2min

5

What Was Your Next Step After Graduating From Ivy League?

07:27 • 2min

6

Why Did Undergrad Economics Students Not Learn Properly?

09:24 • 4min

7

Is There a Model That Works?

12:58 • 3min

8

Is There Such a Thing as America?

16:03 • 2min

9

How to Learn Financial Mathematics in Zurich

18:22 • 2min

10

AQR - What Was It Like?

20:38 • 2min

11

Aqr

22:11 • 4min

12

Is Inflation Transitory?

26:31 • 2min

13

Decarbonisation Is the First D, Right?

28:48 • 2min

14

Are We Going to Have a Green Economy?

30:43 • 3min

15

Is There a Reversal of Inflation?

34:06 • 3min

16

The Dominance of Fiscal Policy or Monetary Policy?

36:45 • 2min

17

Is That a Wallace Sergeant Paper?

38:45 • 2min

18

The Debt to GDP Ratio

40:32 • 2min

19

What Happens to Bond Yields When Treasury Supply Increases?

42:41 • 2min

20

What Is a Bond Term Premium?

44:24 • 2min

21

What Is the Risk-Based Compensation for Long-Term Bonds?

46:49 • 3min

22

Stock Bond Correlation

50:13 • 3min

23

Stock Bond Correlation Signaling a Regime Shift, Right?

53:07 • 2min

24

How Do Stocks Perform When Inflation Is High?

54:40 • 4min

25

The Real Return of Assets in Inflationary Regime

58:46 • 2min

26

How Energy Sector Performs Well in Inflationary Environment?

01:00:27 • 2min

27

Industrials and Energy Sectors - What's Interesting About That?

01:02:01 • 2min

28

The Ken French Website's Definition of Industries

01:03:42 • 2min

29

Long Only Investing in High Inflationary Regime

01:05:30 • 3min

30

AQR's Value and Momentum Strategy Has Really Outperformed the Market, Right?

01:08:19 • 3min

31

Investing in Stocks That Do Well in Inflationary Regimes

01:11:38 • 2min

32

How to Hed Against Inflation With Nominal Bonds

01:13:20 • 4min

33

Long Term Tips

01:16:55 • 2min

34

Commodities Against Inflation - A Very Robust Hedge

01:19:01 • 2min

35

How Does Gold Perform in a Deflationary Environment?

01:20:40 • 3min

36

Defining Economic Regimes - Slide 16

01:23:32 • 4min

37

The S&P 500 Total Return Index, Right?

01:27:04 • 2min

38

Why You Don't Want to Go All in on Energy Stocks or Commodities

01:28:40 • 2min

39

The Green Line, Right, Momentum Strategy in Inflationary Regimes?

01:30:17 • 2min

40

The Inflation Beta Sharp Ratio Tradeoff

01:32:46 • 2min

41

The Trade-Off Between Inflation Beta and Sharp Ratio

01:34:30 • 3min

42

The Efficiency Frontier From the Typical Return, Risk Return Space

01:37:16 • 2min

43

Investing in Inflation-Oriented Indexes

01:39:24 • 3min

44

Is There a Regime Shift in Inflation?

01:42:38 • 3min

45

Are You Surprised by the Term Premium?

01:45:09 • 2min

46

I've Been Surprising About Long-Term Inflation Swaps

01:47:13 • 2min

47

Is a Reversal of the Term Premium Possible?

01:49:36 • 5min

48

What's Your Favorite Investment Book?

01:54:07 • 2min

49

The Resilience of the Global Economy

01:56:34 • 2min

50

What's Your Take on the Fed Meeting Minutes?

01:58:56 • 2min

51

The Oil Downtrend Hasn't Changed Yet, Right?

02:01:06 • 2min

52

Will the Fed Really Slow the Inflation?

02:03:33 • 5min

53

Is It a Bear Market Rally?

02:08:26 • 4min

54

The Leverage in the System Is a Lot Less, Right?

02:12:54 • 5min

55

Is It Going to Be a Sell Sell Off?

02:18:23 • 2min

56

Is There a Decoupling Coming?

02:20:33 • 3min

57

The Doll the Gold Moves on a Variety of Different Factors

02:23:12 • 5min

58

A Change in the Tax Law That Could Affect Certain Commodity ETFs

02:27:55 • 3min

59

ETFs That Will Have Tax Implications

02:30:38 • 5min

60

Credit Spreads - Is That the Right Quote?

02:35:31 • 5min

61

Skin in the Game - I Finally Won

02:40:08 • 5min

62

The Skin in the Game Challenge - Do You Want to Go First Patrick or Me?

02:45:14 • 5min

63

How Does the Fed Funds Rate Affect Treasury Yields?

02:50:18 • 4min

64

What Are the Signposts?

02:54:30 • 3min

65

Are We Going to Have a Crisis?

02:58:00 • 3min

66

The Fed Is Not Going to Raise Till Something Breaks

03:00:33 • 3min

67

Lena, Where Can You Submit Your Questions?

03:04:02 • 2min

68

What Is This 9.3 IPA?

03:06:27 • 4min

69

The World Cup Is Coming to an End

03:10:54 • 2min

70

Are You Wait, Sir, but You're Also Doing This?

03:12:47 • 4min

71

Listening to Rachel Maddow's Podcast

03:17:13 • 2min