Corey Hoffstein of Newfound Research - Surging Growth In ETFs: A Sign of A Market Bubble, or Just The New Preferred Vehicle for Investors?

This week on Weighing the Risks we are joined by Corey Hoffstein, Chief Executive Officer and Chief Investment Officer at Newfound Research. Newfound Research LLC is a quantitative investment and research firm dedicated to helping investors pro-actively navigate the risks of investing through thought leadership and investment acumen. At Newfound, Corey is responsible for portfolio management, investment research, strategy development and communication of the firm’s views to clients. 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.

[03:35] - Corey’s professional background and what led him to his current role?[05:12] - How does Corey define risk and how does he think advisors and investors should think about it?[07:51] - Has Corey ever seen someone try to measure “human capital risk?”[09:53] - How would Corey define a bubble, and what is a bubble more broadly?[11:30] - Does the overall growth in ETF assets under management indicate a stock market bubble or an ETF vehicle bubble? If not, are there other indications we could be in a stock market bubble right now?