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Excess Returns

We take complex investing topics and make them understandable for everyday investors. Subscribe to get new interviews every week with great investors and deep dives into topics like macroeconomics, value investing, factor investing, and more.

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PricingOnly free issuesPublishesDaily
Issues531Foundeda year agoLast Issue3 days ago
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Latest Issues

Chris Davis and Robert Hagstrom on Holding Great Companies, Index Risk and Who Really Wins From AI

Chris Davis and Robert Hagstrom explore the tension between holding great businesses and keeping a winning stock from becoming too much portfolio risk. Why do two investors who believe in letting winners compound also use 10% position limit...

3 days ago
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Full Transcript: Chris Davis and Robert Hagstrom on Holding Winners and AI

Matt: You’re watching Excess Returns, a channel that makes complex investing ideas simple enough to actually use, where better questions lead to better decisions. This is the 100-Year Thinkers. I’m Matt Zeigler. Bogumił Baranowski of Talkin...

3 days ago
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Katie Stockton Still Sees a Bull Market. So Why Is Her ETF Only 50% in Stocks?

Katie Stockton of Fairlead Strategies explains why the S&P 500 can reach record highs while many individual stocks struggle. She sees the bull market as intact, but weaker participation raises an important question for diversified investors...

4 days ago
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Full Transcript: Katie Stockton on Breadth, Yields, and Risk

Matt: You’re watching Excess Returns, the channel that makes complex investing ideas simple enough to actually use. Better questions lead to better decisions. Justin Carbonneau is with me. I’m Matt Zeigler. Our guest is the founder and mana...

4 days ago
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You Own the Mag Seven. Small Caps Are Building What AI Needs. Is the Market About to Notice?

Tom Maher of Hilton Capital Management explains what is changing for small-cap stocks as earnings improve and AI spending reaches beyond big tech. After years of justified large-cap leadership, he sees reasons to revisit smaller companies w...

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