Masters in Business

Andrew Beer, hedge-fund veteran and founder of Dynamic Beta Investments, built ETFs to mimic hedge-fund strategies at low cost. He explains how managed futures offer low correlation to stocks and bonds. He describes trend signals and big-market detectors like gold and rates. He also covers why simpler, liquid ETF access can bring diversification to traditional portfolios.

Songyee Yoon, founder of Principal Venture Partners and former NCSoft exec with a computational neuroscience background, discusses how to spot true AI-native companies. She breaks down durability, defensibility, and when AI augments versus redesigns workflows. She explains gaming as an accelerator for AI, why infrastructure and data flywheels matter, and what questions separate real AI builders from hype.

Carson Block, founder and CEO of Muddy Waters Capital and famed for forensic short-selling, shares his path from uncovering fraud to building a long/short research shop. He discusses low-rate market distortions, risks in private credit and securitization, AI’s labor impact and its use both by investigators and fraudsters. He also covers tech valuation dynamics, passive-flow bubbles, and Muddy Waters’ hedged positioning.

Judd Kessler, Wharton behavioral economist and author of Lucky by Design, studies how allocation rules shape who wins scarce things. He discusses hidden markets for tickets and reservations, practical tactics for first-come races, fairness tradeoffs like lotteries versus price, organ and donor-priority systems, and design fixes to curb bots and brokers.

Perth Toll, founder of Life and Liberty Indexes and creator of the Freedom 100 EM ETF, builds freedom-weighted investment strategies. She explains why weighting countries by civil, political, and economic freedom can shape returns. Topics include data sources like Cato and Fraser, the role of press and rule of law for business viability, and how freedom links to risk and return in emerging markets.

Bill Miller IV, CIO and portfolio manager known for conviction-driven value investing and views on Bitcoin. He discusses Bitcoin as a capital denominator, high-conviction concentrated portfolios, idea sourcing and position sizing. He also covers using AI in research, lessons from 2008, and where he sees mispricing today.

Patrick Kilbane, General Counsel at Ullman Wealth Partners and former divorce attorney who leads their Divorce Advisory Group. He explores privacy strategies and NDAs, how common mistakes scale with wealth, valuing illiquid assets and founder stock, handling RSUs and deferred pay, coordinating advisors and protecting assets through titling and insurance.

Matt Cherwin, Co-founder and CIO of Marek Capital with decades in spread markets and securitized products. He discusses system-level shocks like repo and pandemic stress, the MCCLR framework (money, capital, credit, liquidity, regulation), why private-credit and trading specialists are resurging, using AI for research and tooling, and how policy and liquidity dynamics shape trading opportunities.

Wes Gray, quantitative investor and CEO of Alpha Architect with a background in military intelligence and academia. He discusses factor-based and option-based ETF strategies. Topics include how alpha differs from beta, factor-driven ETF returns, risks of overfit backtests, and innovative ETFs like momentum/value, box spread vehicles, and option-based tail-risk and inflation hedges.

Ed Perks, president of Franklin Advisers and CIO of Franklin Income Investors, brings decades managing multi-asset income and fixed income strategies. He discusses income-focused investing versus equities. He covers flexible, go-anywhere fixed income mandates, private credit’s rise and transparency concerns, and managing risk through volatility and macro shifts.