Phil sits down with the legendary David Kotok for an outdoor conversation during Inside ETFs about David’s career, investment principles, Cumberland Advisors and the state of the economy. Conversation highlights:

• Launching Cumberland just before the oil shock and energy crisis of the 1970’s
• How David utilizes behavioral finance, quantitative modeling, economics, history and philosophy in his practice
• The case for equal weight equities
• The compounding value of writing market commentary and research
• Reflections on a storied career, and the current state of the market
• Camp Kotok