by Summary:
Cullen Roche is the Founder of Discipline Funds. Discipline Funds is a low fee financial advisory and asset management firm. Prior to establishing his own business, Mr. Roche founded his own investment partnership in 2005 after working at Merrill Lynch Global Wealth Management where he helped oversee 0MM+ in assets under management. During the the 7 years running the partnership he was able to guide the small business to high risk adjusted returns with no negative full year returns during one of the most turbulent periods in stock market history. Mr. Roche's primary areas of expertise include global macro portfolio construction, quantitative risk management, behavioral finance and monetary theory. He is regularly cited in the Wall Street Journal, on CNBC and in the Financial Times.
Topics:
Cullen Roche considers the following as important:
This could be interesting, too:
Cullen Roche is the Founder of Discipline Funds. Discipline Funds is a low fee financial advisory and asset management firm. Prior to establishing his own business, Mr. Roche founded his own investment partnership in 2005 after working at Merrill Lynch Global Wealth Management where he helped oversee 0MM+ in assets under management. During the the 7 years running the partnership he was able to guide the small business to high risk adjusted returns with no negative full year returns during one of the most turbulent periods in stock market history. Mr. Roche's primary areas of expertise include global macro portfolio construction, quantitative risk management, behavioral finance and monetary theory. He is regularly cited in the Wall Street Journal, on CNBC and in the Financial Times.
Topics:
Cullen Roche considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
| Cullen Roche is the Founder of Discipline Funds. Discipline Funds is a low fee financial advisory and asset management firm. Prior to establishing his own business, Mr. Roche founded his own investment partnership in 2005 after working at Merrill Lynch Global Wealth Management where he helped oversee $500MM+ in assets under management. During the the 7 years running the partnership he was able to guide the small business to high risk adjusted returns with no negative full year returns during one of the most turbulent periods in stock market history. Mr. Roche's primary areas of expertise include global macro portfolio construction, quantitative risk management, behavioral finance and monetary theory. He is regularly cited in the Wall Street Journal, on CNBC and in the Financial Times. Mr. Roche is a Georgetown University alumnus, growing up in the DC area and now living in San Diego, California with his fiancée Erica and their problem child, Cal, an Australian Shepherd. You can find Cullen's bio here: https://www.pragcap.com/meet-cullen-roche/ Detailed Show Notes: 1:34 - The fully loaded cost of housing 4:23 - Japanese real estate and what it may mean for real estate in the US 5:54 - Housing as a central component not just to the economy, but to everyone’s balance sheet 8:16 - Housing in other countries whose Central Banks are more aggressive 16:32 - How consumers act in the beginning of economic slowdowns 17:43 - The Fed is worryied about the short term inflation rate 20:41 - The likelihood or more fiscal stimulus in a big downturn 23:08 - How banking operates in panics 32:33 - How Quantitative Easing works 47:36 - The Buffett approach in investing 52:40 - Focusing on investor behavior 54:07 - The inter-temporal (mismatched time horizons) conundrum 1:02:39 - Behavioral problems in a 60/40 portfolio 1:06:17 - Thoughts on diversification 1:15:20 - The biggest benefit of understanding macro finance |