Eric Chung, chief investment officer of Lighthaven Capital Management, joins the podcast to discuss his view that math, financial models, and algorithms are insufficient when it comes to investing. "The widespread use of math in the investment management industry, while it can be helpful ... I think there's been some pretty significant overreliance on these things," says Chung. Content Highlights (Spotify users can skip to the segment by clicking on the timestamp): The example of Long Term Capital Management and how it got him to take notice (2:41); Not enough has been written about the fallacy risk parity (13:59); Background on the guest (24:36); Lighthaven Capital's investing strategy (28:30); Chung's decision to de-risk the portfolio in Q1 (31:49); The "external, exogenous factors" that go into his risk models (34:59); A Joseph Biden presidency and what it could mean for markets (37:39); What is the market getting wrong right now? (39:05); Contrarian opinion on the potential Biden administration's stance toward China (46:42); Reasons for optimism (49:49). More Information on the Guest: Website: LightHavenCapital.com Video about CV-19 that was trending on LinkedIn:    Twitter: @LighthavenFund Eric Chung on LinkedIn YouTube channel   Not intended as investment advice.