Dan Rasmussen

Which economic indicator is the most reliable for confirming we’re in a crisis? According to Verdad Capital founder and portfolio manager Dan Rasmussen, it’s high-yield spreads. Identifying the key relationships across the globe isn’t hard. Formulating an approach that surfaces alpha when spreads spike is where it gets difficult. Per Rasmussen, the best way to act in such environments is through small-value equities. Rasmussen explains why it makes sense and how to time the trade in a captivating episode of The Next Big Trade. Never miss an episode of Next Big Trade - subscribe here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Which economic indicator is the most reliable for confirming we’re in a crisis? According to Verdad Capital founder and portfolio manager Dan Rasmussen, it’s high-yield spreads. Identifying the key relationships across the globe isn’t hard. Formulating an approach that surfaces alpha when spreads spike is where it gets difficult. Per Rasmussen, the best way to act in such environments is through small-value equities. Rasmussen explains why it makes sense and how to time the trade in a captivating episode of The Next Big Trade.

Dan Rasmussen, an educator with the South Dakota Grasslands Coalition, joined me to talk about the process of change he has led on his family’s 33 Ranch in Mellette County, SD. We talk about what got him started making changes, how to decide where to start making changes, and what the future looks like at the 33 Ranch.

Today’s episode features Dan Rasmussen reading his piece, Emerging Markets Crisis Investing. Dan is the Founder and Portfolio Manager for Verdad Advisers, a global investment firm that provides a public market alternative to private equity. The Best Investment Writing series features top research pieces that we’ve shared via The Idea Farm in the past year. Subscribe here so you get these sent to you each week. Check out the past series of The Best Investment Writing below: Volume 5 Volume 4 Volume 3 Volume 2 Volume 1 ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Today’s episode is sponsored by Stream by AlphaSense. Stream is an expert transcript library used by people just like you to quickly perform preliminary diligence on new ideas related to their target companies in the tech, media, telecom, healthcare, consumer and industrial sectors; avoiding the time, hassle, and cost of traditional expert network calls.  With over 15,000 on-demand expert call interviews, 100+ new transcripts added each day, AI smart search technology, and 70% of our experts unique to our network, it's no wonder the world's leading financial firms choose Stream. Today’s sponsor dollars are being donated to Harvard’s Center for Human Flourishing on behalf of Dan Rasmussen. ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 

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Last year we brought listeners the entire volume of The Best Investment Writing Volume 4, in audio format, right here on the podcast. Listeners loved it, so we’re running it back again this year with The Best Investment Writing Volume 5.  You’ll hear from some of the most respected money managers and investment researchers from all over the planet.   Enough from me, let’s let Dan take over this special episode.  To read the original piece, click here. ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Join today and get access to quarterly CAPE ratios, an excel quant backtester and the entire research library.

In the 7th episode of Generational Arbitrage, Tyler Neville speaks with Dan Rasmussen, Founder & Portfolio Manager of Verdad Capital & collegue Greg Obenshain, Director of Credit. Our guests discuss how investors can generate returns in corporate credit markets, during a low yield environment. Dan and Greg also discuss the business cycle, fools yield, inflation, crisis investing & private equity.---Get unparalleled access to the greatest minds in macro at Blockworks’ three day, executive summit in Bretton Woods. August 11 - 13. Apply to attend today.https://blockworks.co/events/brettonwoods/---Generational Arbitrage is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like this, visit http://blockworks.co/podcasts.

Dan Rasmussen, educator,range consultant and rancher in Belvidere, SD, and an upcoming speaker for the Nebraska Grazing Conference, discusses the South Dakota Grassland Coalition.

In this episode of Infinite Loops we speak with Dan Rasmussen, founder and CIO of Verdad Advisers. We discuss: Bubbles vs. Crises Investing in Emerging Markets Identifying when "value investing" works, and when it doesn't Theory vs. Practice And a LOT more! Follow Dan on Twitter at https://twitter.com/verdadcap and learn more about Verdad Advisers here: https://verdadcap.com/

Ben and Juan welcome Dan Rasmussen, the founder of Verdad Capital, to the podcast this week. Dan is a deep value investor and a history buff who discusses his learning from the Covid Crisis from the past year, how he utilises base rates in investment and how his interest in history (and not just financial) helps him make decisions. You can find Dan on Twitter at @verdadcap EPISODE NOTES: 1:06 : Summary 2:07: Dan's background 4:28: What is your style of value investing? What is your definition of deep value?  7:17 Companies can be cheap for a reason. How do you incorporate pessimism into your analysis?  10:29 After 10 years of a Growth dominated market, how should we consider value in relation to growth?  18:00 Dan wrote a research piece on crises in Jan of 2020. Since the last crisis has occurred, has it changed his approach?  23:10 How do you make sure that you learn from history, but account for future unpredictability?  28:34 How can you incorporate meta analysis in investing?  32:50 How can you communicate long term analysis? 36:33 How do you source base rates?  41:58 Outside v. Inside views: do you allow for any inside views?  44:19 Clients' reactions to base rate-driven decisions  46:48 How do you think about the issue of market timing and the avoidance of value traps?  50:14 A bad decision that came from bad process Book Recommendations: American Uprising: The Untold Story of America's Largest Slave Revolt by Daniel Rasmussen The Passions and the Interests by A. O. Hirschman NEW EPISODES: You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts and other podcast players. GET IN TOUCH: send us a tweet: @TheValueTeam Important information. This podcast is for investment professionals only. This information is not an offer, solicitation or recommendation to buy or sell any financial instrument or to adopt any investment strategy. Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data. Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. Any references to securities, sectors, regions and/or countries are for illustrative purposes only. The views and opinions contained herein are those of individual to whom they are attributed, and may not necessarily represent views expressed or reflected in other communications, strategies or funds. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall. Past Performance is not a guide to future performance and may not be repeated. The forecasts included should not be relied upon, are not guaranteed and are provided only as at the date of issue. Our forecasts are based on our own assumptions which may change.