Podcast appearances and mentions of dave goetsch

Why is it that we can tell someone “I'm totally fine!” and they instantly know we're not? Gestures, facial expressions, tone of voice, and other subtle nonverbal cues play a huge role in how we connect with one another.  In this episode, host Charles Duhigg explores how we communicate without words, including a deep dive into the visual and tonal cues embedded in one of the biggest sitcoms of all time, The Big Bang Theory.  He talks with Dr. Dustin York, a professor at Maryville University who studies nonverbal communication and worked in public relations for Barack Obama's 2008 presidential campaign. He also sits down with Dave Goetsch, a co-executive producer and longtime writer for The Big Bang Theory, and journalist Jessica Radloff, who wrote an exhaustive book about the show.  This Slate miniseries dives into the art and science of meaningful conversations, inspired by Duhigg's bestselling book, Supercommunicators.  Supercommunicators was produced by Sophie Summergrad and Derek John, who also did the sound design. Our technical director is Merritt Jacob and our supervising producer is Joel Meyer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is it that we can tell someone “I'm totally fine!” and they instantly know we're not? Gestures, facial expressions, tone of voice, and other subtle nonverbal cues play a huge role in how we connect with one another.  In this episode, host Charles Duhigg explores how we communicate without words, including a deep dive into the visual and tonal cues embedded in one of the biggest sitcoms of all time, The Big Bang Theory.  He talks with Dr. Dustin York, a professor at Maryville University who studies nonverbal communication and worked in public relations for Barack Obama's 2008 presidential campaign. He also sits down with Dave Goetsch, a co-executive producer and longtime writer for The Big Bang Theory, and journalist Jessica Radloff, who wrote an exhaustive book about the show.  This Slate miniseries dives into the art and science of meaningful conversations, inspired by Duhigg's bestselling book, Supercommunicators.  Supercommunicators was produced by Sophie Summergrad and Derek John, who also did the sound design. Our technical director is Merritt Jacob and our supervising producer is Joel Meyer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is it that we can tell someone “I'm totally fine!” and they instantly know we're not? Gestures, facial expressions, tone of voice, and other subtle nonverbal cues play a huge role in how we connect with one another.  In this episode, host Charles Duhigg explores how we communicate without words, including a deep dive into the visual and tonal cues embedded in one of the biggest sitcoms of all time, The Big Bang Theory.  He talks with Dr. Dustin York, a professor at Maryville University who studies nonverbal communication and worked in public relations for Barack Obama's 2008 presidential campaign. He also sits down with Dave Goetsch, a co-executive producer and longtime writer for The Big Bang Theory, and journalist Jessica Radloff, who wrote an exhaustive book about the show.  This Slate miniseries dives into the art and science of meaningful conversations, inspired by Duhigg's bestselling book, Supercommunicators.  Supercommunicators was produced by Sophie Summergrad and Derek John, who also did the sound design. Our technical director is Merritt Jacob and our supervising producer is Joel Meyer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is it that we can tell someone “I'm totally fine!” and they instantly know we're not? Gestures, facial expressions, tone of voice, and other subtle nonverbal cues play a huge role in how we connect with one another.  In this episode, host Charles Duhigg explores how we communicate without words, including a deep dive into the visual and tonal cues embedded in one of the biggest sitcoms of all time, The Big Bang Theory.  He talks with Dr. Dustin York, a professor at Maryville University who studies nonverbal communication and worked in public relations for Barack Obama's 2008 presidential campaign. He also sits down with Dave Goetsch, a co-executive producer and longtime writer for The Big Bang Theory, and journalist Jessica Radloff, who wrote an exhaustive book about the show.  This Slate miniseries dives into the art and science of meaningful conversations, inspired by Duhigg's bestselling book, Supercommunicators.  Supercommunicators was produced by Sophie Summergrad and Derek John, who also did the sound design. Our technical director is Merritt Jacob and our supervising producer is Joel Meyer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is it that we can tell someone “I'm totally fine!” and they instantly know we're not? Gestures, facial expressions, tone of voice, and other subtle nonverbal cues play a huge role in how we connect with one another.  In this episode, host Charles Duhigg explores how we communicate without words, including a deep dive into the visual and tonal cues embedded in one of the biggest sitcoms of all time, The Big Bang Theory.  He talks with Dr. Dustin York, a professor at Maryville University who studies nonverbal communication and worked in public relations for Barack Obama's 2008 presidential campaign. He also sits down with Dave Goetsch, a co-executive producer and longtime writer for The Big Bang Theory, and journalist Jessica Radloff, who wrote an exhaustive book about the show.  This Slate miniseries dives into the art and science of meaningful conversations, inspired by Duhigg's bestselling book, Supercommunicators.  Supercommunicators was produced by Sophie Summergrad and Derek John, who also did the sound design. Our technical director is Merritt Jacob and our supervising producer is Joel Meyer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is it that we can tell someone “I'm totally fine!” and they instantly know we're not? Gestures, facial expressions, tone of voice, and other subtle nonverbal cues play a huge role in how we connect with one another.  In this episode, host Charles Duhigg explores how we communicate without words, including a deep dive into the visual and tonal cues embedded in one of the biggest sitcoms of all time, The Big Bang Theory.  He talks with Dr. Dustin York, a professor at Maryville University who studies nonverbal communication and worked in public relations for Barack Obama's 2008 presidential campaign. He also sits down with Dave Goetsch, a co-executive producer and longtime writer for The Big Bang Theory, and journalist Jessica Radloff, who wrote an exhaustive book about the show.  This Slate miniseries dives into the art and science of meaningful conversations, inspired by Duhigg's bestselling book, Supercommunicators.  Supercommunicators was produced by Sophie Summergrad and Derek John, who also did the sound design. Our technical director is Merritt Jacob and our supervising producer is Joel Meyer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is it that we can tell someone “I'm totally fine!” and they instantly know we're not? Gestures, facial expressions, tone of voice, and other subtle nonverbal cues play a huge role in how we connect with one another.  In this episode, host Charles Duhigg explores how we communicate without words, including a deep dive into the visual and tonal cues embedded in one of the biggest sitcoms of all time, The Big Bang Theory.  He talks with Dr. Dustin York, a professor at Maryville University who studies nonverbal communication and worked in public relations for Barack Obama's 2008 presidential campaign. He also sits down with Dave Goetsch, a co-executive producer and longtime writer for The Big Bang Theory, and journalist Jessica Radloff, who wrote an exhaustive book about the show.  This Slate miniseries dives into the art and science of meaningful conversations, inspired by Duhigg's bestselling book, Supercommunicators.  Supercommunicators was produced by Sophie Summergrad and Derek John, who also did the sound design. Our technical director is Merritt Jacob and our supervising producer is Joel Meyer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is it that we can tell someone “I'm totally fine!” and they instantly know we're not? Gestures, facial expressions, tone of voice, and other subtle nonverbal cues play a huge role in how we connect with one another.  In this episode, host Charles Duhigg explores how we communicate without words, including a deep dive into the visual and tonal cues embedded in one of the biggest sitcoms of all time, The Big Bang Theory.  He talks with Dr. Dustin York, a professor at Maryville University who studies nonverbal communication and worked in public relations for Barack Obama's 2008 presidential campaign. He also sits down with Dave Goetsch, a co-executive producer and longtime writer for The Big Bang Theory, and journalist Jessica Radloff, who wrote an exhaustive book about the show.  This Slate miniseries dives into the art and science of meaningful conversations, inspired by Duhigg's bestselling book, Supercommunicators.  Supercommunicators was produced by Sophie Summergrad and Derek John, who also did the sound design. Our technical director is Merritt Jacob and our supervising producer is Joel Meyer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is it that we can tell someone “I'm totally fine!” and they instantly know we're not? Gestures, facial expressions, tone of voice, and other subtle nonverbal cues play a huge role in how we connect with one another.  In this episode, host Charles Duhigg explores how we communicate without words, including a deep dive into the visual and tonal cues embedded in one of the biggest sitcoms of all time, The Big Bang Theory.  He talks with Dr. Dustin York, a professor at Maryville University who studies nonverbal communication and worked in public relations for Barack Obama's 2008 presidential campaign. He also sits down with Dave Goetsch, a co-executive producer and longtime writer for The Big Bang Theory, and journalist Jessica Radloff, who wrote an exhaustive book about the show.  This Slate miniseries dives into the art and science of meaningful conversations, inspired by Duhigg's bestselling book, Supercommunicators.  Supercommunicators was produced by Sophie Summergrad and Derek John, who also did the sound design. Our technical director is Merritt Jacob and our supervising producer is Joel Meyer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is it that we can tell someone “I'm totally fine!” and they instantly know we're not? Gestures, facial expressions, tone of voice, and other subtle nonverbal cues play a huge role in how we connect with one another.  In this episode, host Charles Duhigg explores how we communicate without words, including a deep dive into the visual and tonal cues embedded in one of the biggest sitcoms of all time, The Big Bang Theory.  He talks with Dr. Dustin York, a professor at Maryville University who studies nonverbal communication and worked in public relations for Barack Obama's 2008 presidential campaign. He also sits down with Dave Goetsch, a co-executive producer and longtime writer for The Big Bang Theory, and journalist Jessica Radloff, who wrote an exhaustive book about the show.  This Slate miniseries dives into the art and science of meaningful conversations, inspired by Duhigg's bestselling book, Supercommunicators.  Supercommunicators was produced by Sophie Summergrad and Derek John, who also did the sound design. Our technical director is Merritt Jacob and our supervising producer is Joel Meyer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Carl welcomes Dave Goetsch, comedy writer and co-executive producer of 'The Big Bang Theory' for a conversation about navigating the uncertainty of Hollywood. Dave discusses the importance of resilience - financial, emotional, and mental - throughout his career. Dave shares his firsthand experiences with financial crises, canceled shows, and the pressure of tying self-worth to success. He also discusses how he learned to live in reality and not just fix everything with harder work, which is at the heart of his uncertain, yet fulfilling career as a comedy writer.  Carl Instagram: @behaviorgap Blind Nil Instagram: @blindnilaudio Please direct business inquires to: blindnilaudio@magnolia.com Cover Art: Josh Passler - TheFinArtist.com Music Credits:  Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com Cody Francis / Wherever You're Going / courtesy of www.epidemicsound.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Join us as we present a compilation of segments on expected returns and the dynamics that shape investment outcomes. We deep dive into the world of financial predictions and gain a comprehensive understanding of how expected returns influence your financial decision-making. We also go back to the episode with Dr. Brian Portnoy where we delved into his book, The Geometry of Wealth. Lastly, joining our conversation is our colleague Matt Gour who discusses The Power of Moments by Chip and Dan Heath. We discuss how extraordinary moments have the power to shape our lives and the pivotal importance of crafting unforgettable experiences. Tune in now!   Key Points From This Episode:   What Pressor Fama had to say about expected returns. (0:03:35) Looking at returns through a historical lens with Professor Goetzmann. (0:08:23) Professor Cederburg explains the usefulness of historical data. (0:11:38) Hear Professor Cochrane's perspective on expected returns. (0:15:19) Professor Cornell shares his contrasting view on historical returns. (0:23:41) We recap our discussion with Professor French about uncertainty. (0:34:23) Breaking down the conventional viewpoint of uncertainty with Professor Pastor. (0:38:34) A brief overview of our approach to estimating expected returns. (0:44:03) Highlights from our conversation with Dr. Brian Portnoy about his book. (0:47:56) Matt Gour joins us for our weekly book review of The Power of Moments. (0:51:15) He shares an impactful moment from his childhood. (0:54:04) We unpack a main takeaway from the book: the peak-end rule. (0:56:23) The four elements needed to create a defining moment. (0:57:51) Learn about the different types of defining moments. (1:01:02) How to be deliberate about creating powerful moments. (1:01:02) Main takeaways from the book. (1:04:55) The aftershow, planned meetups, upcoming projects, and more. (1:07:15)   Participate in our Community Discussion about this Episode: https://community.rationalreminder.ca/t/episode-259-comprehensive-overview-estimating-expected-returns-discussion-thread/24077 Book From Today's Episode: The Geometry of Wealth: How to shape a life of money and meaning — https://amzn.to/46qpjl5 The Power of Moments: Why Certain Experiences Have Extraordinary Impact — https://amzn.to/3pmYJJb Links From Today's Episode: Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.  Rational Reminder Website — https://rationalreminder.ca/  Shop Merch — https://shop.rationalreminder.ca/ Join the Community — https://community.rationalreminder.ca/ Follow us on Twitter — https://twitter.com/RationalRemind Follow us on Instagram — @rationalreminder Nick Maggiulli on Instagram — https://instagram.com/nickmaggiulli Benjamin on Twitter — https://twitter.com/benjaminwfelix Cameron on Twitter — https://twitter.com/CameronPassmore 'Financial Planning Assumptions for Market-Cap Weighted and Factor Tilted Portfolios – Methodology Guide' — https://www.pwlcapital.com/resources/financial-planning-assumptions-for-market-cap-weighted-and-factor-tilted-portfolios-methodology-guide/  Episode 38: Feelings in the Decision Making Process — https://rationalreminder.ca/podcast/38 Episode 92: Dr. Moira Somers and Dave Goetsch — https://rationalreminder.ca/podcast/92 Episode 100: Professor Kenneth French — https://rationalreminder.ca/podcast/100 Episode 102: Dr. Brian Portnoy — https://rationalreminder.ca/podcast/102 Episode 124: Professor Lubos Pastor — https://rationalreminder.ca/podcast/124 Episode 151: Professor Brad Cornell — https://rationalreminder.ca/podcast/151 Episode 169: Professor John Cochrane — https://rationalreminder.ca/podcast/169 Episode 189: Regret (and How to Read More w/ Neil Pasricha) — https://rationalreminder.ca/podcast/189 Episode 200: Professor Eugene Fama — https://rationalreminder.ca/podcast/200 Episode 224: Professor Scott Cederburg — https://rationalreminder.ca/podcast/224 Episode 248: Professor William Goetzmann — https://rationalreminder.ca/podcast/248

Dave Goetsch shares his fascinating story about his investing experience and journey. He started as an investor that was emotionally tied to every up and down the stock market experienced. He was known  as the “Chief Worrier.”   Through his own studies and the counsel of his financial advisor, he's more at peace with the short-term craziness of the stock markets, and continuous news headlines of impending doom we all seem to hear daily. In many ways, Dave's journey is very similar to all of ours. However, he's better at telling the story since he's a Hollywood writer!   Finally, Dave's passion for helping others learn through his experience is contagious. It was truly an honor to have Dave on our podcast, and we're grateful for his desire to share his personal story so others can learn and eventually come to be a bit more comfortable with the uncertainty of the stock market.   “...when you have a plan for the future, for kids and retirement...You don't know [everything]  exactly...but you have a plan. The effect of that is that you can feel better now. And that's the big, big  game changer, which is awesome to have less stress so that you can spend more time with your  family...spend more time on the things you care about.”  ~Dave Goetsch  Book that helped Dave Goetsch go from the “Chief Worrier” to the “Transformed Investor”: The Investment Answer: Learn to Manage Your Money & Protect Your Financial Future  

In today's episode, we pull relevant quotes from past guests (namely John Cochrane, Gene Fama, and Jonathan Berk) to extricate who should own market cap funds. We look at the variable risks of value stocks and factor investing and hear counter-views on owning the market. We also delve into the hot topic of tax loss selling, with an overview of a recent Financial Analyst Journal paper on loss harvesting outcomes, sorted by investor profiles. This episode will get you up to date on the biggest finance news of the week, from crypto collapses to Amazon's catapulting gains and losses. Tune in to hear all of this and more, including a recap of our conversation with Dave Goetsch and our Financial Literacy Month book reviews.    Key Points From This Episode:   A neat way to keep track of the value of your purchases over time. (0:00:33) The results of the Rational Reminder financial literacy survey. (0:02:44) An overview of this episode's topics. (0:05:45) Who should invest in market cap-weighted index funds. (0:07:28) How to determine whether you're different from the average investor. (0:16:13) Gene Fama's take on the possibility of identifying state factors. (0:22:13) The variable risks of value stocks. (0:23:25) What drives people to increase their value tilts over time. (0:25:11) The risks of factor investing, and trading in general. (0:28:26) Jonathan Berk's take on owning the market. (0:31:53) A summary of who should invest in total market index funds. (0:33:20) The big crypto news of the week! (0:38:21) Other significant market news. (0:42:17) An overview of a recent Financial Analyst Journal paper on loss harvesting outcomes, sorted by investor profiles. (0:44:59) Our book reviews for Financial Literacy Month. (0:55:15) A recap of our conversation with Dave Goetsch. (1:01:47) A few of our listeners' reviews. (1:02:50)   Participate in our RR CE Credits Survey: https://forms.office.com/Pages/ResponsePage.aspx?id=xVA-B3TS3UeuUte5Yx-hRi0Vpj3fzvhNpOTm6eRMYJ5UN0tOM1A5MFdPQzJFT1hZOTJLN1pHRVFYSS4u Participate in our Community Discussion about this Episode: https://community.rationalreminder.ca/t/episode-227-who-should-invest-in-cap-weighted-index-funds-discussion-thread/20230 Books From Today's Episode: The Geometry of Wealth: How to shape a life of money and meaning — https://amzn.to/3Od9J3N Retirement Income for Life: Getting More without Saving More — https://amzn.to/3GpkHRN We're Talking Millions!: 12 Simple Ways to Supercharge Your Retirement — https://amzn.to/3UI3uaE Common Sense on Mutual Funds — https://amzn.to/3AjUsIM The Investment Answer: Learn to Manage Your Money and Protect Your Financial Future — https://amzn.to/3UWeSPM Money Like You Mean It: Personal Finance Tactics for the Real World — https://amzn.to/3g9bT7Q Links From Today's Episode: Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Shop Merch — https://shop.rationalreminder.ca/ Join the Community — https://community.rationalreminder.ca/ Follow us on Twitter — https://twitter.com/RationalRemind Follow us on Instagram — @rationalreminder Benjamin on Twitter — https://twitter.com/benjaminwfelix Cameron on Twitter — https://twitter.com/CameronPassmore 'An Intertemporal Capital Asset Pricing Model' — https://www.jstor.org/stable/1913811 'Risk and Return of Value Stocks' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=112553 'The Value Premium' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=351060 'A Consumption-Based Explanation of Expected Stock Returns' — https://repository.upenn.edu/cgi/viewcontent.cgi?article=1146&context=fnce_papers 'Who Are the Value and Growth Investors?' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2426823 'Is There a Replication Crisis in Finance?' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3774514 'Amazon Becomes World's First Public Company to Lose $1 Trillion in Market Value' — https://www.bloomberg.com/news/articles/2022-11-09/amazon-hits-unwelcome-milestone-with-1-trillion-in-value-lost?leadSource=uverify%20wall  

Welcome to this rewind episode of 20/20 Money! My guest on today's show is Dave Goetsch. I wanted to bring this episode back from early 2020 because we are finding ourselves in the midst of another market correct, albeit for different but yet related reasons. What I think it still timely (and timeless) about this conversation is the part where Dave talks about some of the big bets and lessons he made as investor along the way to having a disciplined investment philosophy. I think it's important today as investors reconcile with some of the concentrated areas of the market that are experiencing some steeper corrections than others, notably those assets in the cryptocurrency space as well as the tech and “COVID stock” parts of the market.   As a reminder, you can get all the information discussed in today's conversation by visiting our website at integratedpwm.com and clicking on the Learning Center. While there, be sure to subscribe to our newsletter and you can also set up a 20-30min Triage conversation to learn a little bit more about how we help ODs around the country reduce their tax bill, proactively manage cash flow, and make prudent investment decisions or check out any number of additional free resources like our eBooks, blog posts, and on-demand webinars.   And with that introduction, I hope you enjoy my conversation with Dave Goetsch. Follow us on Instagram: https://www.instagram.com/2020moneypod/  ————————————————————————————— Please rate and subscribe to 20/20 Money on these platforms Apple Podcasts Spotify Google Podcasts Stitcher  ————————————————————————————— For past episodes of 20/20 Money with full companion show notes, please check out our episode archive here!

In this episode of Money Tales, our guest is Dave Goetsch. Dave is a Hollywood comedy writer with a passion for helping people engage with their personal finances. You've likely enjoyed his work if you've watched “United States of Al” and “The Big Bang Theory.” Dave knows it's empathy that connects people to the characters he brings to life on the screen. Understanding that money conversations can be hard, Dave shares that we need to employ that same empathy when talking about money so we can build connection and understanding. Dave is the co-creator and executive producer of "United States of Al" which is on CBS Thursdays at 8:30. He was a writer on all 12 seasons of The Big Bang Theory where he received 4 Emmy nominations. He began his career at 3rd Rock from the Sun. He teaches "Linked Narrative Storytelling for the Web" at USC's School of Cinematic Arts, holds US Patent number 6998984, and once tried to start a pharmaceutical chocolate company. Learn more about Money Tale$ > Subscribe to the podcast Recent episodes See all episodes > Form CRS Form ADV Terms of Use Privacy Rights and Policies

In this episode of Money Tales, our guest is Dave Goetsch. Dave is a Hollywood comedy writer with a passion for helping people engage with their personal finances. You've likely enjoyed his work if you've watched “United States of Al” and “The Big Bang Theory.” Dave knows it's empathy that connects people to the characters he brings to life on the screen. Understanding that money conversations can be hard, Dave shares that we need to employ that same empathy when talking about money so we can build connection and understanding. Dave is the co-creator and executive producer of "United States of Al" which is on CBS Thursdays at 8:30. He was a writer on all 12 seasons of The Big Bang Theory where he received 4 Emmy nominations. He began his career at 3rd Rock from the Sun. He teaches "Linked Narrative Storytelling for the Web" at USC's School of Cinematic Arts, holds US Patent number 6998984, and once tried to start a pharmaceutical chocolate company. See all episodes >

For this episode of the Rational Reminder Podcast, we review our year by playing back and discussing a collection of the most impactful moments of the show from 2020. This has been a drastic year filled with many learnings for us all, and in today’s show, we cover topics of happiness, decision making, dealing with uncertainty, and the connection that financial planning and investing have to all of this. We collect some amazing gems of wisdom from guests like Annie Duke, Ken French, Michael Kitces, Patricia Lovett-Reid, and a whole lot more, whittling down an original list of over one hundred of this year’s finest moments to a collection of just 45. The show starts out exploring themes of the connection between wealth and happiness, keeping cool in stressful times, and the transformations that crises kickstart. From there, we talk about the importance of models and systems for informing investing and behaviour in general, and the idea that unexpected outcomes swamp expected ones in the short term. We also look at what market history has to say about staying in your seat rather than market timing when things look bleak. Next up, we cover themes of the value of a flexible approach to retirement spending, how families should think about financial planning, whether 60/40 portfolios are dead, and why stock market returns in the U.S. are higher under Democratic presidents. Moving onto the subject of decision making, we explore some of our guests’ thoughts on evaluating decisions, outcomes bias and the role of luck, and more. We also consider the topic of human capital, how it relates to investing, and what we should really be spending our time on. The subject of the convergence of brokerage firms and financial advisors then leads to a great exploration of the role of financial advisors. We wrap up with some extra special perspectives on how optimal financial planning should be geared around the person that you want to be rather than maximizing wealth for the sake of it. Tune in today for an amazing overview of the year and to hear all the ways we have changed and grown thanks to our incredible guests.   Key Points From This Episode: Looking back on the year: Pandemic adjustments and how this podcast has grown. [0:00:15] Shoutouts and Cameron’s method of putting past clips together for today’s show. [0:06:20] Brian Portnoy and Andrew Hallam on wealth and happiness. [0:09:15] Dealing with stress and volatility with Dr. Moira Somers and Dave Goetsch. [0:13:48] Craig Alexander on market volatility and Jim Stanford on crisis and revolution. [0:18:27] Dave Goetsch and Greg Zuckerman on the benefit of models and systems. [0:23:11] The role of unexpected returns in outcomes and how to deal with this. [0:27:04] Small and value stocks relative to the market with Dr. William Bernstein. [0:33:09] Ken French and Cliff Asness on whether ‘this time is different’. [0:35:29] Enduring tracking error with Cliff Asness and Andrew Hallam. [0:38:37] Cliff Asness on whether 60/40 is dead and Lubos Pastor on why stock market returns in the US are higher under Democratic presidents. [0:41:00] Changing your risk portfolio when the market is dropping with Ken French. [0:45:25] Market timing versus awareness of investing history with Mark Hebner and Dr. Bernstein. [0:48:20] Wade Pfau on how expected returns fit into financial planning and the ‘safety first’ approach. [0:52:15] Moshe Milevsky on retirement spending and Pattie Lovett Reid on addressing one’s financial situation. [0:56:13] Annie Duke, Ken French, and Victor Ricciardi on making and evaluating decisions. [1:00:05] Greg Zuckerman on the role of luck in decisions leading to positive outcomes. [1:08:15] Forecasting as a way of knowing the range of outcomes with Craig Alexander. [1:11:15] Moshe Milevsky and Dr. Bernstein on human capital, financial planning, investing and asset allocation. [1:13:34] Josh Brown on what to spend your time on and Fred Vettesse on when to start saving. [01:16:28] Michael Kitces on the convergence of brokerage firms and financial advisors. [01:19:20] Dennis Mosey Williams and Ken French on financial advice for gaining wealth and being content. [01:20:57] Allison Schrager on the role of financial advisors for mitigating systematic risk. [01:25:00] Mark Hebner on the role of financial advisors for explaining a range of outcomes. [01:26:38] Scott Rieckens and Dennis Mosey Williams on what finding happiness means. [01:30:03]

Hello, and welcome to this episode of 20/20 Money! My guest on today’s show is Dave Goetsch. Dave is the Executive Producer and writer for the hit TV show “The Big Bang Theory” and he joins me to talk about his journey not as a TV writer but as an investor. He shares his journey as an investor, lessons he’s learned along the way (one of them almost being a really expensive lesson), the investment philosophy he’s implemented and how he’s been able to go from feeling anxious and nervous to calm and resilient as an investor. We also talk about why having an advisor is so important for him, even though his portfolio is already “constructed” and he’s not necessarily taking any explicit action on his investments. We also discuss why it’s so important to have your financial plan complementing your investment portfolio and we wrap up the conversation with Dave sharing with us which Big Bang Theory character he’d want to have as his financial advisor. As a reminder, you can get all the information discussed in today’s conversation by visiting our website at integratedpwm.com and clicking on the Learning Center. While there, you can also set up a 20-30min Discovery conversation to learn a little bit more about how we serve ODs around the country & what it means to work with our firm or check out any number of additional free resources like our eBooks and on-demand webinars. And with that introduction, I hope you enjoy my conversation with Dave Goetsch. Dave Goetsch Dimensional Fund Advisors The Evolution of Indexing A Transformed Investor’s View on Market Volatility ————————————————————————————— Please rate and subscribe to 20/20 Money on these platforms Apple Podcasts Spotify Google Play Stitcher  ————————————————————————————— For past episodes of 20/20 Money with full companion show notes, please check out our episode archive here!

In today’s episode, we take a less analytical position on the current situation to focus more on the behavioral side of things. Joining us are two returning guests, Dr. Moira Somers and Dave Goetsch, who share their unique perspectives in a very real and at times refreshingly comical conversation about how people could most beneficially respond to this moment in time. Dave speaks of his personal experience going from panicky investor to getting a feel for the broad concept of index investing, and the idea that learning not to worry about the market on a day to day basis can be applied to life more generally. Dr. Somers provides some psychological background to these different strategies for tolerating stress. She shares her insights about a typical response to crises called amygdala hijack and how two main personality types called ‘the monitor’ and ‘the blunter’ deal with stress. We speak about some more healthy strategies for coping, with banding together and communicating featuring as strong solutions that allow us to clear our heads and problem solve more creatively. The conversation also covers the idea that this moment can be taken as a time to reflect, and even to double down on skills that aren’t necessarily investment-related but which can help ensure financial stability in the future. Toward the end of the episode, we look at how financial advisors could be the most useful to their clients right now and hear a strong argument for a strategy that combines experience-based advice with a more important trait: a high EQ. Tune into today’s episode to find out how you can gain more of a bird's eye view of your version of the current situation.   Key Points From This Episode: Amygdala hijack: Moira’s thoughts on psychological responses to COVID-19. [0:03:33.8] Dave’s thoughts on mitigating valid worry using his understanding of markets. [0:05:54.4] Learning not to be emotionally connected to the minutiae of the crisis. [0:13:25.0] Non-investment related skills that can strengthen our financial lives. [0:14:56.1] Adjusting models and using them to gain insights rather than predict the future. [0:17:04.9] Tools Dave has acquired to deal with market fluctuation since 2008. [0:20:40.2] Beating myopic loss aversion by planning your response to situations ahead. [0:24:00.3] Ways of toggling between contrasting feelings about the present and future. [0:29:30.5] Being reflective about one’s current experience rather than reactive. [0:33:07.1] The best predictor of getting through stress: social support. [0:33:59.2] A four-step process to effective decision-making defined by the Heath brothers. [0:37:07.2] Banding together and speaking about our difficulties to find creative solutions. [0:41:04.2] Buffering emotions through shopping and how shoppers are coping now. [0:43:30.2] Changes in workplace customs and industry trajectories sped up by the crisis. [0:44:32.2] The contours of a healthy response to inner and outer turbulence. [0:48:24.2] What financial advisors can do to help their clients right now: listen to them. [0:53:45.2] High EQs and which Big Bang Theory character would be good to talk to now. [0:58:33.2] Where folks who have no financial advisor might turn for help. [1:02:45.2] How spouses in charge of finances could communicate with their partner. [1:04:10.2] Financial advisors as punching bags or mediators between couples. [1:07:09.2] How to deal with communicating realites to kids as a single parent. [1:08:40.2]

Today I'm joined by Dave Goetsch, the executive producer and writer for "The Big Bang Theory."  Dave has battled with anxiety around money and investments for most of his life. In fact, he sat in cash through 2008/2009 convinced the world was going to end! Eventually, he latched on to an investing philosophy that shifted his mindset and alleviated his stress and worry. Dave has also found a unique way of applying investing lessons he has adopted over the years to current events we are up against today. If you're nervous about the financial markets and the global economy, you are going to love this episode.

In an exceptionally competitive industry, Dave Goetsch has thrived. Co-executive producer of the Emmy-nominated sitcom "The Big Bang Theory" and long-time writer for "3rd Rock from the Sun," Dave has mastered the lonely existence of the Hollywood writer. But how? By embracing the power of human connection and collaboration. In this episode, Dave reveals the secrets behind getting things done in the boisterous writers' room and tells us why few things are better than making your friends laugh.

Bloomberg Opinion columnist Barry Ritholtz interviews the veteran TV producer and writer Dave Goetsch, best known for his work on the Emmy-nominated sitcom “The Big Bang Theory.” Goetsch started as a staff writer at “3rd Rock From The Sun” before rising to become executive producer; he has also written and produced numerous pilots for CBS, ABC, Fox and Showtime.  

Show Notes: https://www.nytimes.com/2014/09/14/sunday-review/were-all-nerds-now.html “Growing up, pre-Internet, possession of knowledge was such an identifier,” said Dave Goetsch, a co-executive producer of “The Big Bang Theory.” “That is no longer true; the Internet flattens things out.” “If you are not a geek, you are Luddite, and that is not cool,” said Thomas Dolby, https://www.wired.com/2010/12/ff_angrynerd_geekculture/ Etewaf: Everything That Ever Was—Available Forever.

In 2008, the market was going bananas. Before that time, people viewed homeownership as the unshakable bedrock of middle-class society. Dave Goetsch and Norm Mindel look back at the financial crisis and the dramatic effect it had on investors. At a time when waiters were touting their million-dollar real estate transactions after reading the day’s specials, hindsight is 20/20 the market was on course for an adjustment. Dave and Norm consider the crisis, the comeback and the power of investors to persevere. http://schoolofhardknocksinvesting.com

Under pressure. In the late 1990s, we were on the verge of an internet bubble that momentarily taught people the meaning of fly by night. Investors were taking big risks on individual stocks and untested (and sometimes unstaffed) internet companies. A sock puppet dog going door to door to deliver pet food? Dave Goetsch and Norm Mindel discuss the tech bubble, Y2K and the years leading up to the financial crisis. In the topsy-turvy ‘90s and ‘00s, bubbles were bound to pop.

Crash, boom, bang! The sounds of Wall Street in the 1980s. Dave Goetsch and Norm Mindel discuss the years leading into the 1990s, which provided more than one defining moment in financial history. Dave and Norm recall what it felt like to live through the market crash of October 1987 and the days when Japan emerged as an economic force to be reckoned with before the bubble burst. When the neon landscape eventually faded to flannel, the door was open for asset allocation and a disciplined approach to investing. With the help of a globally diversified portfolio, finishing is winning. http://schoolofhardknocksinvesting.com

Investing by the decade...first stop, the ‘70s. Dave Goetsch and Norm Mindel discuss investing in the late 1970s when Jimmy Carter was president, Johnny Carson was the host of “The Tonight Show” and the Bee Gees were all over the Hot 100 Billboard chart. The United States was dealing with the fallout from the oil crisis and a stock market that showed no signs of life after a significant market decline in 1973-1974. Talk about learning a lesson on free markets. http://schoolofhardknocksinvesting.com

Bill Prady (Two and a Half Men, Dharma & Greg), executive producer and co-creator of The Big Bang Theory, discusses his show, along with staff writers Dave Goetsch (3rd Rock From the Sun) and Jennifer Glickman (Caroline in the City). Prady, Goetsch and Glickman were featured guests at the "Conversations With ..." speaker series, hosted by the Writing Division at the USC School of Cinematic Arts. An episode in the USC School of Cinematic Arts podcast series.