Today’s guest is Chris Clark. Chris was a biotech PM for 10 years at RS Investments, managing $4.5 billion.
In today’s episode, Chris discusses the complexities of the biotech sector, which has suffered a dramatic drawdown the past few years. He begins by explaining how biotech works, why it’s such a unique sector, and what has kept investors and companies frozen the past few years. He also explains the different perspectives of venture capitalists and public market investors, the current regulatory environment and how AI may reshape drug development.
(0:00) Starts
(1:20) Biotech industry overview
(18:09) Can you be a quant in biotech?
(25:09) Biotech market cap distribution and benchmark underweighting
(34:47) Addressing biotech volatility, market outlook, and non-pro investing tips
(47:02) Private vs. public biotech investments
(1:01:32) Global biotech markets (China)
(1:09:48) AI and regulatory impact on biotech
(1:21:14) US healthcare spending
(1:33:48) Chris' most memorable investment
-----
Follow Meb on<a href="https://twitter.com/MebFaber"> X</a>,<a href="https://www.linkedin.com/in/mebanefaber/"> LinkedIn</a> and<a href="https://www.youtube.com/channel/UCKvWzzrVUA_DSCoKXL6GU2w?sub_confirmation=1"> YouTube</a>
For detailed show notes, click <a href="https://www.themebfabershow.com/episodes/J410u1fE057">here</a>
To learn more about our funds and follow us, subscribe to our <a href="https://theideafarm.us1.list-manage.com/subscribe/post?u=6750faf5c6091bc898da154ff&id=7249739cdb">mailing list</a> or visit us at<a href="http://www.cambriainvestments.com/"> cambriainvestments.com</a>
-----
Follow The Idea Farm: <a href="https://twitter.com/TheIdeaFarm">X</a> | <a href="https://www.linkedin.com/company/theideafarm-co/">LinkedIn</a> | <a href="https://www.instagram.com/mebfabershow/">Instagram</a> | <a href="https://www.tiktok.com/@mebfabershow">TikTok</a>
-----
Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com
-----
Past guests include <a href="https://mebfaber.com/2017/02/08/10017/">Ed Thorp</a>, <a href="https://mebfaber.com/2021/08/04/e337-richard-thaler/">Richard Thaler</a>, <a href="https://mebfaber.com/2021/02/08/episode-286-jeremy-grantham-gmo-what-day-is-the-highest-level-of-optimism-its-the-day-the-market-hits-the-peak/">Jeremy Grantham</a>, <a href="https://mebfaber.com/2020/10/28/episode-260-joel-greenblatt-gotham-asset-management-nine-out-of-ten-families-in-the-top-fifth-of-the-income-chain-have-retirement-savings-nine-in-ten-in-the-bottom-fifth-have-none/">Joel Greenblatt</a>, <a href="https://mebfaber.com/2019/08/28/episode-172-cam-harvey-this-is-a-time-of-considerable-risk-of-a-drawdown/">Campbell Harvey</a>, <a href="https://mebfaber.com/2022/03/30/403-ivy-zelman/">Ivy Zelman</a>, <a href="https://mebfaber.com/2021/05/12/e310-kathryn-kaminski/">Kathryn Kaminski</a>, <a href="https://mebfaber.com/2017/08/30/episode-69-jason-calacanis-little-secret-way-dark-art-becoming-truly-wealthy-massive-wealth/">Jason Calacanis</a>, <a href="https://mebfaber.com/2022/01/31/e387-whitney-baker/">Whitney Baker,</a> <a href="https://mebfaber.com/2019/05/10/episode-155-aswath-damodaran-they-uber-and-the-ride-sharing-companies-collectively-have-disrupted-this-businessthats-the-good-news-the-bad-news-is-i-dont-thin/">Aswath Damodaran</a>, <a href="https://mebfaber.com/2018/10/03/episode-124-howard-marks-its-not-what-you-buy-its-what-you-pay-for-it-that-determines-whether-something-is-a-good-investment/">Howard Marks</a>, <a href="https://mebfaber.com/2018/10/10/episode-125-tom-barton-the-biggest-problem-investors-have-is-things-changeand-they-dont-change/">Tom Barton</a>, and many more. 
-----
Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out <a href="https://mebfaber.com/mebs-deals/">here</a>! 
-----
Editing and post-production work for this episode was provided by The Podcast Consultant (<a href="https://thepodcastconsultant.com/">https://thepodcastconsultant.com</a>).
 Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

The Biotech Rebuild: Finding Alpha After the Drawdown with Chris Clark | #606

The Meb Faber Show - Better Investing

AI Chapters

AI Insights

Reviews