John Reese - Founder and CEO of Validea.com

Hello Listeners, Today is a very special episode with John Reese, the founder and CEO of Validea.com. He has created a way to allow anyone to have access to the guru strategies based on some of the most successful investors of all time such as Warren Buffet, Peter Lynch, etc. In this episode, he discusses how the gurus were selected and what inspired him to create Validea.com. 1:16 – How did you get started in the finance and investment profession? What caught your interest? 7:26 – Do you have a favorite investor from the selection of gurus? Is there a particular approach from any of them that you like? 10:26 – Are there any strategies that surprised you? Are there any strategies that did well or did not as good as you initially thought? 12:38 – How would you describe your personal investment philosophy? 13:59 – With the Validea portfolio, it is pretty concentrated with 10-20 stocks, can you describe why is that? 16:43 – What are your views on portfolio concentration and diversification? 17:16 – What is your view on the value premium? 18:38 – What are your views on the small cap premium? 21:32 – What are your views on the momentum premium? 24:19 – With these factors, are there any attractive and when they would be the most effectively applied? 26:00 – How would you define mean reversion? 30:44 – Can you tell me about the guru ETF? 32:22 – Can you tell me about the Validea Legends? What was your objective and how is it accomplished? 38:25 – How do you define and measure risk? 40:44 – What are your favorite books? 41:25 – What are your hobbies? 42:24 – For angel investing, do you follow a particular philosophy or strategy? Enjoy and thanks for the listen!