Rainwater Equity Podcast

In this conversation, Joseph Shaposhnik, Founder and Portfolio Manager of Rainwater Equity, sits down the hosts of Excess Returns to talk about investing through geopolitical shocks, AI disruption, and massive capital cycles. Joseph shares how disciplined investors can stay focused on durable businesses and long-term free cash flow—rather than reacting to short-term headlines. He also breaks down...

Rainwater Equity ETF - Overview Cash Flow refers to the net amount of cash and cash equivalents being transferred into and out of a business. Disclosure Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so shares may be worth more or less when redeemed or sold. Current performance may be lower or higher than t...

How can recurring-revenue businesses provide greater stability and long-term growth for investors? In this 2026 Shareholder Update, Joseph Shaposhnik, portfolio manager of the Rainwater Equity ETF (NYSE: RW), explains the fund’s investment process, reviews recent performance drivers, and discusses current portfolio positioning. The conversation also explores key themes including artificial intelli...

In this conversation, Joseph Shaposhnik, Founder and Portfolio Manager of Rainwater Equity, sits down the hosts of Excess Returns to share the core principles behind his long-term investment approach and the philosophy that has guided decades of successful investing. Joseph reflects on his time as a portfolio manager at TCW, discusses what truly drives durable outperformance, and explains why Rain...

Discover why recurring revenue businesses are some of the most powerful long-term compounding opportunities in the stock market. In this inaugural Rainwater Equity ETF (NYSE: RW) webinar, Portfolio Manager Joseph Shaposhnik explains the rationale for launching RW, outlines the fund’s focus on predictable cash-flow businesses, and answers advisor questions on valuation, AI, global expansion, and ET...

Clay talks with Joseph Shaposhnik about Owning Best-in-Class Businesses and his new ETF, Rainwater Equity (RW) , launched on June 18th, 2025. The fund targets recurring revenue businesses and aims for above-average capital growth. Learn more about Rainwater Equity: https://rainwateretf.com . Visit rainwateretf.com for more information. Performance quoted represents past performance and does not gu...