• Skip to primary navigation
  • Skip to main content

Client Upload (314) 222-2788

Client Upload

(314) 222-2788

Lionsgate_Black_w_Gold_Flame_Landscape (1)
MENU
  • Home
  • Our Specialized Services
    • Our Process
    • Wealth Management and Financial Planning
    • Family Office Design and Administration
  • Who We Are
    • Our DNA
    • Our Team
    • Careers
    • Advisor Opportunities
    • FAQs
  • Educational Resources
    • Our Blog
    • Book
    • Educational Videos
    • Podcast
    • Useful Guides
    • Financial Tools
  • Events/Webinars
  • Contact Us

Quantitative Investment Research: Failing Slow, Failing Fast, and Failing Very Fast

Listen to the Podcast Below

in this episode

Join Jonathan Krueger as he interviews Corey Hoffstein, Co-founder & CIO at Newfound Research, a financial technology and product innovation company that provides quantitative investment research.

On today’s show we will be talking to Corey Hoffstein, Co-founder & CIO at Newfound Research, a financial technology and product innovation company that provides quantitative investment research and author of the article Failing Slow, Failing Fast, and Failing Very Fast.

During this episode you’ll hear:

  • For most investors, long-term “failure” means not meeting one’s financial objectives.
  • In the portfolio management context, failure comes in two flavors. “Slow” failure results from taking too little risk, while “fast” failure results from taking too much risk. In his book, Red Blooded Risk, Aaron Brown summed up this idea nicely: “Taking less risk than is optimal is not safer; it just locks in a worse outcome. Taking more risk than is optimal also results in a worse outcome, and often leads to complete disaster.”
  • A third type of failure, failing very fast, occurs when we allow behavioral biases to compound the impact of market volatility (i.e. panicked selling near the bottom of a bear market).
  • In the aftermath of the global financial crisis, risk management was often used synonymously with risk reduction. In actuality, a sound risk management plan is not just about reducing risk, but rather about calibrating risk appropriately as a means of managing risk of both slow and fast failure.

Jonathan Krueger is an Investment Advisor Representative with Lion Street Advisors, LLC, a Registered Investment Advisor. Opinions expressed on this program do not necessarily reflect those of Lion Street Advisors, LLC or LionsGate Advisors. The topics discussed, and opinions given are not intended to address the specific needs of any listener. Neither Lion Street Advisors, LLC nor LionsGate Advisors offer legal or tax advice; listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.

RESOURCES:

Corey is co-founder and Chief Investment Officer of Newfound Research, a quantitative asset management firm that specializes in risk-focused tactical asset allocation.  Corey holds a Master of Science in Computational Finance from Carnegie Mellon University and a Bachelor of Science in Computer Science, cum laude, from Cornell University.

Published on: October 23, 2018
Filed Under: Finance, Podcasts

The team behind Lions Gate Advisors is made up of qualified financial professionals who are passionate about helping individuals and families achieve their ideal retirements.

SITE MAP

Home
Our Process
Wealth Management and Financial Planning
Family Office Design and Administration
Our DNA
Our Team
Careers
What’s Your Risk Level?

Events/Webinars
Educational Resources
Blog
Book
Educational Videos
Podcast
Educational Guides
Contact Us 

CONTACT US

CHESTERFIELD

14567 N. Outer 40 Road
Suite 500
Chesterfield, MO 63017

Main Office: (314) 222-2788
Fax: (314) 222-2791

 

ST. LOUIS

100 North Broadway
17th Floor
St. Louis, MO 63102

Main Office: (314) 222-2788
Fax: (314) 222-2791

 

This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of services referenced on this site are available in every state and through every advisor listed. For additional information, please contact LionsGate Advisors at (314) 222-2788 or email info@LionsGateAdvisors.com. 

Securities offered through Larson Financial Securities, LLC., member, FINRA/SIPC/MSRB. Advisory Services offered through Larson Financial Group, LLC, a Registered Investment Advisory Firm. Larson Financial Group, LLC. is doing business as LionsGate Advisors.

Privacy Policy | Terms of Use | Powered by: LoneBeacon.com

Fill Out The Form To Gain Access To The Power of Zero!

Fill Out The Form To Gain Access To All Our Educational Videos!