In this episode, Brock speaks with Wes Gray. Wes is a former Marine intel officer and currently the founder and CEO of alpha architect. This episode might double as an intro to financial markets. We talk about what quantitative investing is, and how that differs from the famous stock pickers, like Warren Buffett. We talk about systems based thinking, where and why that's relevant. And we also talk about the future of investing and how to use our strengths to best play into that.
Episode Resources:
Notes:
(01:21) - What Wes is most proud of
(04:02) - What you do after school and the benefits of being young and dumb when it comes to work
(11:06) - Most impactful experience from the Marines
(14:59) - System 1 and 2 Thinking
(22:42) - Personal finance advice for young service members
(28:42) - Wes' first stock and getting started investing
(33:32) - Quantitative investing introduction
(42:01) - Macro and technology risks to quant investing
(48:16) - Relationship between value and momentum
(54:02) - Why all investing is front running
(01:00:12) - Popularity of quant investing and what the next 5-10 years look like
(01:06:49) - Starting Alpha Architect
(01:12:51) - Entrepreneurship and the doors it opens to new adventures
(01:18:57) - Building ETF Architect and sources for business today
(01:28:03) - Twitter Q&A
The Scuttlebutt Podcast - The podcast for service members and veterans building a life outside the military.
The Scuttlebutt Podcast features discussions on lifestyle, careers, business, and resources for service members. Show host, Brock Briggs, talks with a special guest from the community committed to helping military members build a successful life, inside and outside the service.
Get a weekly episode breakdown, a sneak peek of the next episode and other resources in your inbox for free at https://scuttlebutt.substack.com/.
Follow along:
• Brock: @BrockHBriggs
• Instagram: Scuttlebutt_Podcast
• Send me an email: scuttlebuttpod1@gmail.com
• Episodes & transcripts: Scuttlebuttpodcast.co
