539 - Even God Would Be Fired | Wes Gray on Bubbles, AI Valuations and Why Size Was Never the Edge
Excess Returns is dedicated to making you a better long-term investor and making complex investing topics understandable. Join Jack Forehand, Justin Carbonneau and Matt Zeigler as they sit down with some of the most interesting names in finance to discuss topics like macroeconomics, value investing, factor investing, and more. Subscribe to learn along with us.
539 - Even God Would Be Fired | Wes Gray on Bubbles, AI Valuations and Why Size Was Never the Edge
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Excess Returns is dedicated to making you a better long-term investor and making complex investing topics understandable. Join Jack Forehand, Justin Carbonneau and Matt Zeigler as they sit down with some of the most interesting names in finance to discuss topics like macroeconomics, value investing, factor investing, and more. Subscribe to learn along with us.
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Published25 Jul 2026
Duration56:07
Episodes
539-
Even God Would Be Fired | Wes Gray on Bubbles, AI Valuations and Why Size Was Never the Edge
Listened
25 Jul 2026
538-
Not a Time for Big Bets | Aahan Menon on What 60 Years of Regime Data Says About Today’s Market
Listened
23 Jul 2026
537-
We Asked the Man Who Mapped the AI Economy If the Boom Is Real — And Who Keeps the Money
Listened
21 Jul 2026
536-
It Only Happens at Bottoms | Andy Constan on the Options Extreme That Showed Up at the Highs
Listened
18 Jul 2026
535-
Jack Schwager on Timeless Lessons from Elite Traders
Listened
16 Jul 2026
534-
The Recession the Unemployment Rate Can't See | Eric Pachman on the Data Beneath the Jobs Report
Listened
14 Jul 2026
533-
Jim Paulsen Sees a Correction Coming | The 33 Charts That Turned Him Cautious
Listened
11 Jul 2026
532-
Big Uptrend. Tech Momentum Fading | Katie Stockton on the Rotation Investors Are Missing
Listened
09 Jul 2026
531-
We Asked a $1 Billion Quant Manager Why Concentration Isn't a Warning — and Small Caps Aren't Dead
Listened
07 Jul 2026
530-
The $600 Billion Loop | Jeff Klingelhofer on AI, the Return of Bonds and the Fed's Third Mandate
Listened
06 Jul 2026
529-
We Asked Meb Faber Why US Stocks Won for 250 Years — And If It Can Continue
Listened
05 Jul 2026
528-
Semis Gone Parabolic. Fed Credibility Reversal. Can the Rally Survive the Flows?
Listened
03 Jul 2026
527-
The AI Trade, the Fed and the Next Phase of the Bull Market | Warren Pies
Listened
02 Jul 2026
526-
He Wrote the Book on Why Moats Fail | Ritavan on What Actually Compounds Instead
Listened
01 Jul 2026
525-
The 100 Year Thinkers: Chris Mayer on SpaceX, AI Reckoning, and Why Early Is Overrated
Listened
27 Jun 2026
524-
We Asked GMO’s Head of Asset Allocation Why This Bubble is Easy — But Investors Will Get it Wrong
Listened
24 Jun 2026
523-
Finding Quality Growth in Emerging Markets with Ian Smith
Listened
22 Jun 2026
522-
The $2 Trillion Question | Tobias Carlisle on SpaceX, the AI Buildout, and the Rotation No One Sees
Listened
20 Jun 2026
521-
The Trillion Dollar Gap | Aswath Damodaran on SpaceX, AI and the Big Market Delusion
Listened
19 Jun 2026
520-
Andy Constan on the SpaceX IPO, AI CapEx, and the End of the Buyback Tailwind
Listened
16 Jun 2026
519-
The SpaceX IPO Meets a Huge Options Expiration | Brent Kochuba on What Comes Next
Listened
13 Jun 2026
518-
Mike Green on What Happens When Passive Flows Meet the Largest IPO in History
Listened
11 Jun 2026
517-
We Asked Vanguard’s Chief Economist Why AI Has Two Huge Tails — And Which One Wins
Listened
09 Jun 2026
516-
The SpaceX IPO… What Happens When $1.75 Trillion Meets 4% Float
Listened
06 Jun 2026
515-
Tech Spending Has a Cash Problem | Jim Paulsen on the Two Signals That Could Trigger a Correction
Listened
04 Jun 2026
514-
He Quantified 200 Years of Disruption | Kai Wu on Separating Software Survivors from Value Traps
Listened
02 Jun 2026
513-
The Three Cracks in the AI Trade | Ben Hunt, Brent Kochuba and Aahan Menon on What Could Derail the Market's Biggest Bet
Listened
30 May 2026
512-
Cheap Is a Warning, Not a Thesis | Adam Parker on What This Market Is Really Pricing
Listened
28 May 2026
511-
He Built the Fund He'd Hold 30 Years | Eric Crittenden on What Investors Pick When Labels Come Off
Listened
26 May 2026
510-
Cliff Asness on Bubbles, Private Equity and His Research Greatest Hits
Listened
23 May 2026
509-
He Studied Every Bear Market Since 1929 | Ben Carlson on How the Worst Starting Point Still Made 8%
Listened
21 May 2026
508-
Is AI Still in 1995? Gene Munster and Doug Clinton on the Next Phase of the AI Boom
Listened
19 May 2026
507-
Jeremy Grantham on AI, Bubbles and Why Mean Reversion Lives On
Listened
16 May 2026
506-
He Studied the Financial System for Decades | Marc Rubinstein on Where the Real Risk Is
Listened
15 May 2026
505-
Lessons from Investing Through Bubble Regimes with Andy Constan
Listened
14 May 2026
504-
He Wrote the Book on Bubbles | Edward Chancellor on If AI is Different
Listened
12 May 2026
503-
We Asked an Options Expert Why This Melt Up Hasn’t Broken — and Which Signal Could End It
Listened
10 May 2026
502-
We Asked a $4.5B Quant Manager Why the S&P 500 Is Just 46 Stocks — and Why Small Caps Aren't Dead
Listened
08 May 2026
501-
The Last Moat | Chris Mayer and Ian Cassel on the Stock Picking Edge AI Can’t Replicate
Listened
06 May 2026
500-
We Asked Rich Bernstein and Chris Davis Why This Market Isn’t as Safe as It Feels
Listened
04 May 2026
499-
We Asked Ben Hunt, Jim Paulsen, Kevin Muir and Brent Kochuba Why Bad News Can’t Break This Market
Listened
01 May 2026
498-
The Opportunity No One Sees | Richard Bernstein on Finding Value in a Narrow Market
Listened
29 Apr 2026
497-
Feeling Safe Is the Risk | Chris Davis on Finding Durable Companies in a Disrupted World
Listened
27 Apr 2026
496-
Buy High, Sell Higher | Travis Prentice on Dispersion, Passive's Structural Risk and Why 52 Week Highs Don't Mean What You Think
Listened
24 Apr 2026
495-
The Secular Plateau | Chris Bloomstran on Why We May Be at Peak Valuations
Listened
22 Apr 2026
494-
We Asked David Rosenberg Why He Owns Almost No US Stocks — and What He Holds Instead
Listened
19 Apr 2026
493-
The Resilience No One Trusts | Brent Donnelly on Why War and Oil Haven’t Broken This Market
Listened
17 Apr 2026
492-
The Bear Market No One Sees | Liz Ann Sonders on the Real Story Indexes Hide
Listened
15 Apr 2026
491-
The Forever Invariable Truth | Jim Grant on War, Inflation, and What Comes Next
Listened
13 Apr 2026
490-
The Market the Tweets Can’t Break | What the Options Market Tells Us About What Comes Next