Podcasts about index investing

Don and Tom question whether the investment industry—and increasingly Vanguard—keeps creating new products simply to stay relevant rather than solve real investor problems. They critique Vanguard's new Target Retirement Lifetime Income Fund, which combines a target-date fund with an annuity, arguing that it sacrifices liquidity, introduces inflation risk, and obscures costs. They also take aim at Vanguard's new Active/Passive Model Portfolio Series, suggesting it adds unnecessary complexity and market-timing assumptions to what should be a straightforward indexing approach. Listener questions cover the risks of holding 72% of retirement assets in an ESOP and whether a military family should replace a simple Schwab index-fund portfolio for their two-year-old daughter with AVGE. The episode closes with a plug for The Line Uncrossed and a discussion of the real-life Civil War experiences that inspired the novel.0:12 Do investors really need new products and new ideas?2:11 Vanguard's Target Retirement Lifetime Income Fund and annuities in target-date funds4:29 Liquidity, inflation risk, and the tradeoffs of guaranteed retirement income7:44 Why immediate annuities often take years just to return your own principal9:16 Morningstar's skepticism of guaranteed-income retirement products10:46 Vanguard's new Dynamic Active Passive Model Portfolio Series12:42 Are active/passive hybrid portfolios solving a real problem?13:38 Has Vanguard lost its indexing compass?15:30 New Talking Real Money website features and submitting listener questions16:12 ESOP question: 72% of retirement assets tied to employer stock17:59 The dangers of concentrated company-stock positions21:29 Understanding ESOP returns versus traditional investments24:09 Why diversification matters more than past ESOP performance26:49 Using GI Bill benefits, a 529 plan, and a UTMA to fund a child's future28:27 AVGE versus a simple total-market index portfolio for a young child29:42 Why simplicity may be good enough for long-term investing success30:35 Discussion of The Line Uncrossed and its Civil War inspiration31:41 John B. Anderson, Andersonville Prison, and the history behind the bookQuestions? Comments? Click!

Tony was excited to sit down with Dana D'Auria, who recently joined Franklin Templeton's RIA Advisory Council as an Industry Leader. This newly formed group has enabled the firm to work together to help shape how private markets are evolving in the RIA Channel. In this episode Tony and Dana tackle important structural considerations around liquidity, valuation, and the limitations of so-called "semi-liquid" investments, while emphasizing the untapped potential of private equity, private credit, and real assets in enhancing client outcomes. They discuss how technology platforms and model-based approaches can help advisors scale their practices while maintaining their core value proposition: providing clients access to sophisticated investment strategies that would otherwise be out of reach. This is an essential listen for advisors looking to navigate the operational complexities of private markets and deliver differentiated value to their clients. DANA D'AURIA, CFA CO-CHIEF INVESTMENT OFFICER AND GROUP PRESIDENT, ENVESTNET SOLUTIONS As Group President, Envestnet Solutions and Co-Chief Investment Officer at Envestnet, Dana is responsible for wealth and asset management solutions across Envestnet's ecosystem, including its research, overlay, direct indexing, sustainable investing and retirement services, as well as partnerships with exchanges and other wealth solutions providers. Dana is also a chair of Envestnet | PMC's Investment Committee.   Prior to joining Envestnet, Dana was most recently a Managing Director of Symmetry Partners where she also served as President and a Portfolio Manager of Symmetry Panoramic Mutual Funds, the firm's multi-factor family of funds.  Dana is a frequent contributor on CNBC Squawk Box, Bloomberg TV and Radio, Yahoo! Finance, and Nasdaq TradeTalks. She has been honored by Money Management Executive as one of the publication's "Top Women in Asset Management" in 2018 and "Women to Watch" in 2017. She has also published articles on factor investing in The Journal of Financial Planning and The Journal of Index Investing. Dana holds the Chartered Financial Analyst (CFA) designation, and earned both her MBA (in Finance) and BA (in English and International Studies) from Fairfield University. Resources: Dana M. D'Auria, CFA | LinkedInFranklin Templeton Private MarketsTony Davidow, CIMA® | LinkedIn

Don and Tom unload on sensationalized financial journalism, taking aim at recent articles claiming the 4% withdrawal rule and classic 60/40 portfolios are “failing” retirees. They argue that the media increasingly prioritizes fear-driven headlines over practical investing wisdom, pushing emotionally charged narratives that ignore investor behavior and long-term historical returns. The duo also push back against claims that target-date funds could wipe out retirees, explaining why diversified portfolios remain far less risky than headlines suggest. Listener questions cover Robinhood's controversial 2% transfer bonus, SEC transaction fees on ETF sales, Roth IRA liquidity concerns, rebalancing discipline, and the dangers of emotionally reacting to politics and markets. Along the way, Don discusses the release of his Civil War novel The Line Uncrossed, while Tom manages to squeeze in Morse code, Rasputin, and model bomber references for absolutely no good reason whatsoever.0:05 Don and Tom rant about the collapse of quality financial journalism1:43 Criticism of Money.com article attacking the 4% rule and 60/40 portfolios2:44 Morningstar's 3.7% withdrawal study versus the traditional 4% rule4:21 Why “100% stocks beats 60/40” ignores investor psychology and risk tolerance5:03 Emotional pain, market crashes, and why most investors cannot handle full equity exposure6:02 Financial media sensationalism and clickbait retirement headlines7:32 Seattle Times article warning target-date funds could destroy retiree savings8:35 Critique of claims that target-date funds are dangerously risky at retirement9:41 Discussion of Vanguard 2025 target-date allocation and global diversification12:00 Why diversified global portfolios are far less risky than fearmongers suggest13:16 Media outrage, sensationalism, and why Talking Real Money avoids scare tactics14:48 Listener comment about Don's books appearing on Amazon15:15 Reality check on book royalties and publishing economics15:49 Discussion of Don's Civil War novel The Line Uncrossed17:19 Book pricing, Kindle strategy, and avoiding Amazon exclusivity18:41 Transition to listener questions19:10 Caller asks about Robinhood's 2% IRA transfer bonus and possible tax issues20:10 Why IRA transfers and Robinhood bonuses are generally not taxable21:05 Concerns about Robinhood's gamified investing culture versus Vanguard's philosophy22:03 Risks of getting lured into speculative products after transferring assets22:59 Caller explains working with a fee-only fiduciary advisor and self-managing investments24:48 SEC transaction fees on ETF sales explained25:47 Why the SEC fee is effectively meaningless for ordinary investors26:15 Listener question about moving Roth IRA money to CDs due to market fears29:10 Why emotionally reacting to politics and market fears can hurt long-term investing31:17 Importance of maintaining an appropriate long-term asset allocation31:41 Tom jokes nervously about a meeting with HRQuestions? Comments? Click!

What actually happens to your money, your investments, and everything you've built… when you die in Belgium?For most people, the answer is simple: a large part of it disappears in taxes. 30%, 40% and up to 80% in some cases. Because of non-existent or poor estate and inheritance planning.My name is Sébastien Aguilar and I teach busy professionals living in Belgium how to build wealth on autopilot with evidence based passive investing, optimized for Belgian taxes. And in this episode, I want to help you keep more of the wealth you're building when it passes on to the next generation. To help me do this I have invited Marc Quaghebeur, an expert in international tax and estate planning from the law firm Delsol Avocats. Marc works with entrepreneurs, expats and cross-border families in Belgium. He is the author of « Rest in Peace, A Guide to Wills and Inheritance Tax in Belgium ».In this episode, you'll discover the key mistakes that can cost your family tens of thousands, how Belgian inheritance taxes really work, and the strategies that can bring that tax rate down dramatically.We'll walk through what happens step by step, and the practical actions that you can take to protect what you're building. Since the recording, I have started several things that could save my family hundreds of thousands of euros. And I am sure you'll benefit as well. Full biography and contact details of Marc Quaghebeur:https://www.delsolavocats.com/Marc-QUAGHEBEURAnd if you're new to index investing, then I recommend you watch the free interactive workshop on Index Investing for Beginners in Belgium: create passive income from the stock market, without paying high fees to banks or advisors, taking unnecessary risks or spending all day analyzing the markets. Free Workshop → https://firebelgium.com/investingworkshop---Download the FIRE Belgium Beginner's Guide to Index Investing: https://bit.ly/FIREBGuideLearn about Financial Independence in Belgium: https://firebelgium.comSubscribe to the newsletter: https://firebelgium.com/#SubscribeJoin the community: https://www.facebook.com/groups/FIREBelgium

Private equity gets sold as exclusive, sophisticated, and “what the smart money does,” but the reality is far less compelling. Don and Tom break down the illusion: limited transparency, questionable valuations, high fees, and serious liquidity risks—all for returns that barely edge out (if at all) simple public market strategies. They argue that the supposed advantages—like the “illiquidity premium” and diversification—don't hold up under scrutiny. The episode then pivots to smart listener questions on early retirement planning and 457 vs. 401(k) decisions, reinforcing a core theme: complexity is often marketed as intelligence, but disciplined simplicity usually wins.0:05 Financial pros sell complexity because it pays them more0:30 Private equity pitch: exclusivity, access, and “smart money” appeal1:40 Article breakdown: positives vs. negatives of private equity2:21 “You get to feel special” and access private companies3:00 The illusion of diversification and non-correlation3:37 Public vs. private pricing: real markets vs. guesswork4:04 Example of questionable private equity valuation jumps5:27 The “illiquidity premium” myth6:00 Liquidity risk: not being able to access your money6:27 Pension funds and private equity track record reality6:51 Returns comparison: private equity vs. public markets8:20 Small cap value vs. private equity (higher returns, lower cost)9:48 Why advisors push complex products (fees and optics)10:30 Liquidity crises and echoes of 2008 (Blue Owl example)11:36 Caller: early retirement planning with pension and TRICARE13:19 Financial readiness vs. purpose in retirement15:28 Long-term risks of early retirement and longevity16:19 Monte Carlo planning and scenario testing18:37 Listener question: 457 vs. 401(k) strategy19:56 Key advantage: penalty-free withdrawals from 457 plans23:13 Rare but real risk: non-governmental 457 ownership issue24:35 Roth vs. traditional: educated guesses, not certainties24:48 When you need a real financial plan (not just rules of thumb)26:03 Human advisor vs. emerging AI planning tools27:40 Closing thoughts and how to get helpQuestions? Comments? Click!

Most investors spend their energy asking the wrong question. It's not which fund is best -- it's which combination of funds gets you to your actual goal at a cost and complexity level you'll actually maintain. Joe and OG break down the full index investing playbook: where to start, when to add complexity, what Wall Street calls indexing that really isn't, and the one number that should change how you think about your entire portfolio.What You'll Walk Away WithWhy the real argument for index investing isn't that nobody beats the market -- it's that you can't predict who will do it nextThe crockpot principle of index investing -- and why the self-cleaning oven analogy might be even betterWhy the S&P 500 and the total stock market index are closer than most people think -- and which one Joe is increasingly favoring for the long runThe $100,000 turning point: what changes about your investment strategy when the portfolio gets big enough to get scientificThe first two additions most Stackers should consider beyond their core index -- and why OG would actually add more than twoWhy mixing index funds from different companies can quietly undermine your diversification without you ever knowing itHow to replace the word "index" with "list" to instantly identify whether a product is actually doing what you think it isThe buffered ETFs, factor ETFs, and active ETFs that call themselves indexes -- and why most Stackers should walk right past themWhy you're not racing against the index -- you're on a road trip -- and what that shift in framing changes about every investing decisionThe season one recap from OG and Anna's financial planning basics series -- plus the free workbook that ties all seven episodes togetherWhy This Matters NowIn your 40s, the portfolio is finally big enough to matter -- and that's exactly when the temptation to complicate things gets strongest. New products, new strategies, and new buzzwords show up constantly, each promising a smarter approach. The investors who come out ahead aren't the ones who found the best fund. They're the ones who built something simple enough to maintain, scientific enough to optimize, and sturdy enough to hold through the moments when everything feels like it's falling apart.From the BasementJoe and OG dig into the full index investing playbook -- from the first fund a beginner should buy to the asset class combinations that actually improve long-term outcomes once the portfolio gets big enough to warrant it. OG and Anna close out their seven-week financial planning basics series with a full recap and the surprise release of a free downloadable workbook at stackingbenjamins.com/basicsguide. Doug arrives with Nolan Ryan trivia that connects strikeout records to index investing in a way that only the basement could pull off. Whether the analogy fully lands is a question best answered with your earbuds in.Resources MentionedThe Simple Path to Wealth by JL Collins -- referenced as the foundational text for beginner index investorsPrior interviews with JL Collins: Interview 1 and Interview 2Paul Merriman's annual asset class research -- referenced for data on adding small cap value and international to a core S&P portfolio; paulmerriman.comiShares -- referenced as an example of a consistent index fund family worth staying withinJP Morgan Guide to the Markets -- referenced in prior episode; available at jpmorgan.comStacking Benjamins Basics Guide -- free seven-episode workbook at stackingbenjamins.com/basicsguideStacking Benjamins Newsletter (The 201) -- weekly investing hot takes from Kevin Bailey at stackingbenjamins.com/201Stacking Benjamins Vault -- stackingbenjamins.com/vaultStacking Benjamins Meetups -- stackingbenjamins.com/badSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Most investors spend their energy asking the wrong question. It's not which fund is best -- it's which combination of funds gets you to your actual goal at a cost and complexity level you'll actually maintain. Joe and OG break down the full index investing playbook: where to start, when to add complexity, what Wall Street calls indexing that really isn't, and the one number that should change how you think about your entire portfolio. What You'll Walk Away With Why the real argument for index investing isn't that nobody beats the market -- it's that you can't predict who will do it next The crockpot principle of index investing -- and why the self-cleaning oven analogy might be even better Why the S&P 500 and the total stock market index are closer than most people think -- and which one Joe is increasingly favoring for the long run The $100,000 turning point: what changes about your investment strategy when the portfolio gets big enough to get scientific The first two additions most Stackers should consider beyond their core index -- and why OG would actually add more than two Why mixing index funds from different companies can quietly undermine your diversification without you ever knowing it How to replace the word "index" with "list" to instantly identify whether a product is actually doing what you think it is The buffered ETFs, factor ETFs, and active ETFs that call themselves indexes -- and why most Stackers should walk right past them Why you're not racing against the index -- you're on a road trip -- and what that shift in framing changes about every investing decision The season one recap from OG and Anna's financial planning basics series -- plus the free workbook that ties all seven episodes together Why This Matters Now In your 40s, the portfolio is finally big enough to matter -- and that's exactly when the temptation to complicate things gets strongest. New products, new strategies, and new buzzwords show up constantly, each promising a smarter approach. The investors who come out ahead aren't the ones who found the best fund. They're the ones who built something simple enough to maintain, scientific enough to optimize, and sturdy enough to hold through the moments when everything feels like it's falling apart. From the Basement Joe and OG dig into the full index investing playbook -- from the first fund a beginner should buy to the asset class combinations that actually improve long-term outcomes once the portfolio gets big enough to warrant it. OG and Anna close out their seven-week financial planning basics series with a full recap and the surprise release of a free downloadable workbook at stackingbenjamins.com/basicsguide. Doug arrives with Nolan Ryan trivia that connects strikeout records to index investing in a way that only the basement could pull off. Whether the analogy fully lands is a question best answered with your earbuds in. Resources Mentioned The Simple Path to Wealth by JL Collins -- referenced as the foundational text for beginner index investors; stackingbenjamins.com links to prior interview Paul Merriman's annual asset class research -- referenced for data on adding small cap value and international to a core S&P portfolio; paulmerriman.com iShares -- referenced as an example of a consistent index fund family worth staying within JP Morgan Guide to the Markets -- referenced in prior episode; available at jpmorgan.com Stacking Benjamins Basics Guide -- free seven-episode workbook at stackingbenjamins.com/basicsguide Stacking Benjamins Newsletter (The 201) -- weekly investing hot takes from Kevin Bailey at stackingbenjamins.com/201 Stacking Benjamins Vault -- stackingbenjamins.com/vault Stacking Benjamins Meetups -- stackingbenjamins.com/bad Learn more about your ad choices. Visit podcastchoices.com/adchoices

A century-long study by Hendrik Bessembinder reveals a stunning truth about investing: while the U.S. stock market produced enormous overall wealth, the vast majority of individual stocks were losers, with just 46 companies responsible for half of all gains. Don and Tom unpack what this means for investors—namely, that stock picking is essentially a losing game driven more by luck than skill, and that broad diversification through index investing is the only reliable way to capture market returns. They also tackle a listener question on annuities vs. CDs, highlighting trade-offs between yield, safety, and liquidity, while reinforcing their long-standing skepticism of locking up money for marginal gains.0:13 “Miss a day, miss a lot” — but missing the right stocks matters far more1:09 Introduction to Bessembinder's 100-year stock market study2:35 30,000 stocks, 30,000% total return — but context matters3:21 Median stock return is negative — most stocks lose money3:55 60% of stocks destroy wealth; only a minority create gains5:25 Just 46 companies generate half of all market wealth6:24 The near impossibility of picking winning stocks consistently7:01 Why stock picking is closer to lottery odds than skill7:56 Broad diversification as the only reliable strategy8:50 Owning the entire market captures the winners automatically9:25 Active management vs. indexing — evidence vs. anecdotes10:00 Skill vs. luck in outperforming managers (near zero true skill)11:19 Behavioral flaws: confusing stories with evidence12:25 Fundamentals vs. sentiment in long-term stock performance12:59 Emotional investing pitfalls and the need for discipline13:42 Listener question: annuity vs. CD for short-term cash15:30 Risks of annuities vs. FDIC-insured alternatives16:37 Liquidity trade-offs and current CD rate comparisons18:05 Laddering CDs vs. locking into annuities18:33 Listener question on podcast changes post-radio transition19:36 Reflections on leaving live radio and moving fully to podcast22:06 Free portfolio reviews and fiduciary advice offer23:01 Call for listener support as big-name podcasts growQuestions? Comments? Click!

In this episode of the Global Thinking Podcast, host Rob Duncan sits down with Dr. Joe Nelesen from S&P Dow Jones Indices to break down the SPIVA Canada 2025 report and what it reveals about active vs passive investing. The data is clear. Most active managers underperform their benchmarks — not just in 2025, but over longer time horizons. This raises a critical question for investors and advisors alike. Is it still worth chasing alpha? Rob and Joe explore: Why active managers consistently struggle to beat the market The role of fees, market efficiency, and survivorship bias Where active investing may still have an edge The continued rise of ETFs and index investing How AI, tokenization, and evolving market structure could shape the future   Whether you are a portfolio manager, financial advisor, or individual investor, this episode provides a data-driven look at one of the most important debates in investing today. If you are building portfolios in today's market, understanding the trade-offs between active and passive investing has never been more important.   Chapters 00:00 Introduction to Global Thinking Podcast 02:31 Understanding the SPIVA Report Card 04:35 Performance of Active Managers in 2025 09:00 Factors Leading to Underperformance 13:11 The Role of Fees and Market Dynamics 17:40 Survivorship Bias in Active Management 19:44 The Future of Active Management 24:34 Active vs. Passive Investment Strategies 28:56 The Impact of Fund Selection 29:21 The Rise of Index Investing 30:43 Passive vs Active Investing Dynamics 32:23 Tokenization and Market Evolution 33:18 Future of Market Hours 35:07 The Future of Active vs Index Investing 37:58 AI's Role in Investment Strategies 41:54 Insights on Indices and Reading Recommendations   Disclosures: https://forstrong.com/disclosures/    Global Thinking Podcast Series - https://forstrong.com/podcast/    Global Thinking Insights - https://forstrong.com/insights/    Who is Forstrong Global - https://forstrong.com/who-we-are/    Ask Forstrong - https://forstrong.com/category/ask-forstrong/    Invest With Us - https://forstrong.com/invest-with-us/     Thank for you listening, please considering leaving a review and subscribing for future episodes.   For any questions, comments or suggested topics please reach out to Rob Duncan, rduncan@forstrong.com        

Jesse is joined by Cullen Roche—financial writer, macro thinker, and founder of Discipline Funds—for a clear-eyed conversation about how money actually works, why so much financial commentary gets it wrong, and how investors can make better decisions by understanding the plumbing beneath markets. Together, they unpack the core mechanics of the modern monetary system, including how government spending, deficits, and interest rates function in practice rather than theory, and why fears around debt and inflation are often oversimplified or misapplied. Cullen explains the crucial distinction between households and currency issuers, challenges common narratives around money printing and fiscal irresponsibility, and outlines how misconceptions about macroeconomics can lead investors to poor asset allocation decisions. The discussion also explores portfolio construction through the lens of economic regimes, the role of cash and bonds as stabilizers rather than return drivers, and why discipline and risk management matter more than prediction. Throughout, Jesse and Cullen emphasize that understanding monetary operations is not about forecasting markets, but about grounding financial decisions in reality, humility, and process—especially in a world saturated with confident but flawed macro narratives. Key Takeaways: • Governments that issue their own currency operate under fundamentally different constraints than individuals. • Understanding monetary plumbing helps investors avoid emotional macro reactions. • Narratives are persuasive but frequently misleading. Sound investing focuses on process over storytelling. • Portfolio construction should reflect multiple possible economic outcomes. • Understanding how money moves reduces fear-driven decisions. • Long-term success depends more on behavior and discipline than on being "right" about the economy. Key Timestamps: (01:50) – The Intellectual Side of Investing (06:39) – Efficient Market Hypothesis and Index Investing (11:43) – The Super Investors of Graham and Doddsville (14:44) – Cullen Roche Joins the Show (25:18) – Understanding High Expectations and Stock Volatility (30:12) – Target Date Funds and Customizing Portfolios (36:42) – Government Debt and Fiscal Policy Concerns (43:04) – Balancing Complexity and Simplicity in Financial Plans (49:15) – Cullen Roche's Perfect Portfolio Key Topics Discussed: The Best Interest, Jesse Cramer, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques Mentions:Website: https://ria.disciplinefunds.com/ LinkedIn: https://www.linkedin.com/in/cullenroche/ Mentions: Your Perfect Portfolio: The ultimate guide to using the world's most powerful investing strategies by Cullen Roche Pragmatic Capitalism: What Every Investor Needs to Know About Money and Finance by Cullen Roche More of The Best Interest:Check out the Best Interest Blog at https://bestinterest.blog/ Contact me at jesse@bestinterest.blog Consider working with me at https://bestinterest.blog/work/ The Best Interest Podcast is a personal podcast meant for education and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.  

How Do You Actually Build Wealth in Belgium? Without Overcomplicating It or Leaving Money on the Table?This is the main question we discussed with Thomas Guenter, Founder and managing partner of Finhouse.We discussed the top principles of wealth creation and what it really takes to get to it.- What does it actually take to build serious wealth in Belgium today?- Is entrepreneurship the only path to wealth? Or can employees and freelancers get there too?- Which matters more for becoming wealthy: earning more or investing smarter? And how to do it? - Should you prioritise real estate or ETFs? AHow should you combine them for the highest long-term payoff?- When does diversification really add value? How much should you put in bonds, gold, crypto or private equity (if at all)?This conversation was fascinating, and Thomas does not shy away from giving real super-practical advice.We also discussed questions such as:- What does “having enough” actually mean? How do you combine wealth and happiness?- How to optimize the transfer of wealth between generations.- What are the first steps beginners should take today to build significant wealth over the next decade?- How does Private Equity and Venture Capital work? What are the pros and cons compared to a simple portfolio of ETFs?As you can see, we covered a lot of ground, which is why this episode is longer than usual. You will probably have to listen to it over multiple commute trips or workouts. But I promise, it's well worth it. And just in case you didn't know you can listen to it as an audio podcast as well.Thomas is a great guest for this topic because he is one of the young entrepreneurs in Belgium with the most experience in this field, both from his super-impressive personal journey and from the work he does with his community and clients.In 2024, Thomas was nominated for the Forbes Belgium 30 Under 30 list because of the positive impact that he has on the finances of thousands of people in Flanders. In 2025, he was nominated for the Forbes Europe 30 Under 30 list in the Finance category because of his efforts to democratize the access to private equity and venture capital through his own low-cost fund of funds, the Finhouse Global Fund.Thomas is the author of the best-selling book Personal Finance – with more than 20,000 copies sold in under a year – and reaches thousands of Belgians each month through his free educational videos about investing, real estate and wealth planning.Now, before we get started, I want to share an important disclaimer:As you will see in this conversation, I am not in favor of Private Equity or Venture Capital as an asset for individual investors. I explain why in the conversation and I stand by it. I think however that it is interesting to hear Thomas' arguments on topic. What I am hoping for is that through his work, Thomas can help challenge the industry and make it better for us individual investors at some point. For now I keep my position of warning individual investors against it.So while we have some disagreements, you will see that it is in fact a very small part of the conversation. And it does not change the respect I have for the work Thomas does to support financial literacy in Belgium. The knowledge he shares in this episode is a testament to that. It's real gold. And I want to thank Thomas for this once more.Thomas' personal website: https://www.thomasguenter.be/Finhouse website: https://finhouse.be/Follow Thomas on social media: - LinkedIn: https://www.linkedin.com/in/guenterthomas- Instagram:https://www.instagram.com/guenter.thomas/And if you're new to index investing, then I recommend you watch the free interactive workshop on Index Investing for Beginners in Belgium →⁠ https://firebelgium.com/investingworkshop⁠---Learn about Financial Independence in Belgium: https://firebelgium.comJoin the community: https://www.facebook.com/groups/FIREBelgium

David Booth helped create one of the world’s first index funds in the 1970s, before launching Dimensional Fund Advisors in the early 80s. Since then, Dimensional has become a global giant, with $US915 billion (around $1.4 trillion AUD) in assets under management - including on behalf of Australia’s two biggest super funds.David Booth, Founder and Chairman of Dimensional Fund Advisers, speaks to Sean Aylmer from Austin, Texas, after the launch of Tune Out The Noise - a film telling David's incredible story.This is general information only. You should seek professional advice before making investment decisions.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

 Wall Street noise is loud—Barry Ritholtz shows you How Not to Invest. In this episode, we cut through models, headlines, and hype to focus on the few decisions that actually compound. Barry shares a practical framework for decision-making grounded in behavioral finance: why models are “wrong but useful,” how to build a checklist to filter signal from noise, and why broad indexing should anchor most portfolios. We dig into direct indexing for tax management, the attention economy's impact on investors, and the real effects of tariffs and Fed timing on markets and Main Street. He also maps the “two businesses” every investor must master: deploying capital quietly for decades and consuming information without getting captured by clickbait. If you're curious about AI's productivity boost, global mean reversion beyond the U.S., and realistic expectations after back-to-back strong years, this conversation is for you. By the end, you'll know How Not to Invest—and what to do instead.Connect with Barry Ritholtz: hownottoinvestbook.com Chapters:00:00 – Introduction02:32 – “All models are wrong, some are useful” & avoiding media-driven fear16:21 – Wealthy vs. middle-class planning: indexing, direct indexing, tax loss harvesting20:19 – AI's real impact on advisors, workflows, and productivity24:46 – Where are the opportunities? U.S. vs. developed ex-U.S., mean reversion35:14 – Rates, the Fed, soft landing probabilities & realistic return expectations49:33 – Gino wraps it up We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

Anthony Scilipoti is one of the sharpest minds in investing. He's the President and CEO of Veritas Group of Companies. He called the collapses of both Valeant Pharmaceuticals and Nortel before they happened, and now he has some thoughts on AI. We talk about asking better questions, reading the fine print, the role of short selling, and what it means to be wrong. We explore why AI gives you information but not insight, why cheap risk is often the most expensive, and why nothing matters until it does. It's a conversation about the difference between seeing and understanding and the discipline to notice what everyone else ignores. This episode is not investment advice. It's time to listen and learn. ----- About Anthony Anthony Scilipoti is one of the sharpest minds in investing. He's the President and CEO of Veritas Group of Companies. ----- Approximate Chapters: (00:00) Introduction (01:26) Early Career (02:53) The Enron Scandal (05:48) Lessons on Auditing (16:12) The AI 'Bubble' and the State of the Market (18:46) Ad Break (20:50) The AI 'Bubble' and the State of the Market (Cont.) (28:12) Parallels Between the Fall of Nortel Networks and the Current AI Economy (35:15) Ad Break (36:10) Parallels Between the Fall of Nortel Networks and the Current AI Economy (Cont.) (39:14) Investing Rules for Better Investments (42:14) Red Flags to Look Out for When Investing? (45:56) The Rise and Fall of Valeant Pharmaceuticals (53:04) Is a Complicated Corporate Structure Bad? (55:54) Companies Don't Start Out Being Crooked (57:53) Why is EBITDA a Disastrous Measurement? (1:00:47) How Should Investors See Stock Options / How to Account for Stock Options (1:06:30) What Incentives to Look for in a Company When Investing? (1:11:31) The Rise of Index Investing (1:15:41) Buybacks and Share Count (1:21:21) What Makes Warren Buffett a Unique Investor? (1:26:58) The Power of the Retail Investor (1:32:30) What Is Success for You? ----- Thank you to the sponsors for this episode: Basecamp: Stop struggling, start making progress. Get somewhere with Basecamp. Sign up free at http://basecamp.com/knowledgeproject reMarkable: Get your paper tablet at https://www.reMarkable.com today .tech domains: Nothing says tech like being on .tech https://get.tech/ ----- Upgrade: Get a hand edited transcripts and ad free experiences along with my thoughts and reflections at the end of every conversation. Learn more @ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fs.blog/membership⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠------Newsletter: The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it's completely free. Learn more and sign up at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fs.blog/newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠------Follow Shane ParrishX ⁠⁠⁠⁠⁠@ShaneAParrish⁠⁠⁠⁠⁠ Insta ⁠@farnamstreet⁠ LinkedIn ⁠Shane Parrish Learn more about your ad choices. Visit megaphone.fm/adchoices

Does dividend growth investing really keep up when “the market” rips higher? We stack Dividend Growth Investing (DGI) against broad indexing across four distinct periods. You'll hear where DGI shines and where indexing wins. Most importantly, you'll leave with a simple decision framework: choose the approach that lets you invest with conviction and reach your goals—consistently. Download the Dividend Rock Star List Make sure to check out the complete show notes. X: @TheDividendGuy FB: http://bit.ly/2Z7Q5gF YouTube: http://bit.ly/2Zs6r1r DividendStocksRock.com

In this episode, my goal was to make it relevant for both types of listeners: First, for those who are just getting started in do-it-yourself investing or are looking to transition to becoming passive index investors instead of trying to beat the market by stock picking or owning expensive actively managed funds. We're going to build a strong foundation for you here to help you get started, such as discussing what it actually means to be a total market index investor, and what the research says about passive index investing versus actively trying to pick investments that will beat the market. We'll also talk about the different ways you can be a DIY passive index investor here in Canada and the pros and cons of each. Next, we're going to tackle something that's a bit more intermediate level and something that I've personally been deliberating and have been curious about for quite some time: When it comes to the more stable, fixed-income portion of our investment portfolio (often called the bond portion), what are some of the options available to us here in Canada, and what are the pros and cons of each? We've all heard of high-interest savings accounts, GICs, and all-in-one bond ETFs that capture the aggregate bond index and have an assortment of bond types in them. But what if we only want a specific type of bond in our portfolio because of the degree of volatility and income that it provides? What are these different types of bond ETFs that we can buy, and what's the trade-off that we incur by choosing one over another? In the past, we have had both stocks and bonds fall at the same time (2022), so what are our options and tradeoffs when it comes to specific types of bonds that we can choose, so that we can avoid or mitigate the large drops in the “safe/less volatile” portion of our portfolio? Links from the Episode ETF Comparison Tool. This is especially useful for comparing fees (the management fee and MER) among similar ETFs. At this link, I've already included some comparisons for you. Here is the episode on fixed-income choices that I mentioned during the episode: Fixed Income ETFs Episode ETF Market Insights YouTube Channel Investor Profile Questionnaire (to help you determine your asset allocation) Disclaimer This podcast is sponsored by BMO Exchange Traded Funds. Build Wealth Canada is compensated under this arrangement by BMO ETFs. This communication is intended for information purposes only. This update has been prepared by Build Wealth Canada and represents their assessment at the time of publication. The comments contained do not necessarily represent the views of BMO Global Asset Management (BMO GAM). The views expressed by the host and the interviewee are subject to change without notice as markets change over time. The information contained herein is not, and should not be construed as, investment advice to any party. Investments should be evaluated relative to the individual's investment objectives and professional advice should be obtained with respect to any circumstance. Views expressed regarding a particular company, security, industry or market sector should not be considered an indication of trading intent of any investment funds managed by BMO GAM. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO GAM is or will be invested. This social media network is an independent organization and is not affiliated with BMO GAM.  

From the Fed's next move to the outlook for gold and gold miners, Axel Merk, CEO of Merk Investments, shares with Lance Roberts his take on today's biggest market risks: The largest jobs revision ever, the Fed's lagging response, why active management beats passive distortions, and how investors should think about risk, contrarian views, and the role of gold in their portfolios. 0:18 - Introduction of Alex Merk, CEO Merk Investments 2:01 - Annual revisions to BLS Employment Report - Largest negative revision to jobs in history. 4:20 - William Poole's explanation of BLS numbers & methodology and why markets pay attention. 6:13 - Herbert Hoover's belief in National Data for creating BLS numbers. 8:19 - The market trades off the data, whether you agree with it or not. 9:35 - How the Fed intervenes 10:55 - Kevin Walsh Fed candidate: The Fed needs more real-time data. They're always too late. 12:24 - Preview of September Fed meeting: The Fed should cut rates. 14:20 - What monetary policy is and/or should be (and what it is not) 16:36 - Correlation of asset classes...and not. 18:55 - How the Fed looks at inflation & asset prices (Gold & Gold Miners) 21:55 - Active Management is counter-cyclical 22:52 - Gold & Gold Miners as an asset class: Due for correction? 24:41 - The impact of passive investing driving asset prices; Index Investing & Price Distortion 26:29 - Rapidly depleting asset investments (Gold) 28:30 - Active Management Matters: Invest in management teams 30:14 - Importance of understanding the fundamentals of companies in which to invest 32:29 - Venture Capital-lite: Who Gets the Money? 34:42 - What Worries You Now? Having no investment process; a mediocre process is better than nothing 35:33 - If you can sleep with what you have... 37:25 - Why Technical Analysis works well in Gold space 40:20 - Risk Management in Good Times: The Value of Good Analysis 42:29 - The Value of Contrarian Views & Skin in the Game 45:29 - There is No Such Thing as an Investing in the End of the World; there's always the day after 48:07 - The Best Investment Advice Ever: Invest in Yourself Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manger, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://youtu.be/YeciboacIW0 -------- The latest installment of our new feature, Before the Bell, "Market Volatility Looms Following Fed Cut," is here: https://www.youtube.com/watch?v=TwqWqisbCyQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "No Risk-free Path for the Fed" is here: https://www.youtube.com/watch?v=sC5i-sZm73o&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=7s ------- Articles mentioned in this report: "Corporate Earnings Slowdown Signaled By Employment Data" https://realinvestmentadvice.com/resources/blog/corporate-earnings-slowdown-signaled-by-employment-data/ "Invest Or Index – Exploring 5-Different Strategies" https://realinvestmentadvice.com/resources/blog/invest-or-index-exploring-5-different-strategies/ "Portfolio Risk Management: Accepting The Hard Truth" https://realinvestmentadvice.com/resources/blog/portfolio-risk-management-accepting-the-hard-truth/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #AxelMerk #JobsReport #FederalReserve #GoldInvesting #MarketOutlook

August 18, 2025 | Season 7 | Episode 31The financial landscape is undergoing a remarkable transformation that demands our attention. Tech stocks have quietly reshaped the S&P 500, creating a concentration that challenges traditional notions of diversification. What many investors don't realize is that technology now represents a staggering 45% of the index when accounting for companies like Meta, Alphabet, and Amazon—despite their classification in other sectors.This concentration creates striking imbalances. Nvidia alone, with its $4.5 trillion market cap, nearly equals the entire healthcare sector and triples the influence of all energy stocks combined. For those seeking true diversification, deliberate allocation to underweighted sectors may be essential. Healthcare stocks are trading at 30-year relative lows according to Goldman Sachs, while energy giants offer attractive valuations at approximately 15 times earnings with dividend yields around 4%.Significant tax changes for charitable giving in 2026 create planning opportunities now. Non-itemizers will gain access to new deductions for cash donations, while itemizers will face new floors on charitable deductions. Consider front-loading donations to donor-advised funds this year to maximize benefits before these changes take effect.The historical perspective remains instructive. Warren Buffett's Berkshire Hathaway demonstrates the extraordinary power of compound returns—even if the stock hypothetically dropped 99%, long-term investors would still outperform index funds by 40%. Meanwhile, Kodak's failure to successfully transition despite pioneering digital imaging technology serves as a cautionary tale for today's tech giants.For retirees, the sustainable withdrawal question has new answers. Bill Bengen now suggests safe withdrawal rates between 4.7-5.25% for balanced portfolios, higher than the traditional 4% rule, offering potentially greater sustainable income in today's interest rate environment.How diversified is your portfolio really? Are you positioned to navigate upcoming tax changes? These questions deserve careful consideration as we adapt to an evolving financial landscape.** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice. For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure **To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-formFollow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

In this episode of Beer and Money, Ryan Burklo and Alex Collins delve into the intricacies of index investing, particularly focusing on the S&P 500. They discuss common misconceptions about index investing, the importance of diversification, and the risks associated with over-concentration in large-cap stocks. The conversation also touches on the differences between active and passive investing strategies, emphasizing the need for a well-rounded approach to portfolio management. The hosts aim to educate listeners on making informed investment decisions and understanding the market dynamics that can impact their financial future. Check out our website:  beerandmoney.net For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo Takeaways Index investing is a passive strategy that replicates market performance. Many investors misunderstand the implications of being an index investor. The S&P 500 is heavily weighted towards a few large companies. Diversification is crucial, but not all index funds provide true diversification. Investing in smaller companies can yield higher returns over time. Market cap weighting can lead to over-concentration in a few stocks. Active investing strategies can still be relevant in today's market. Investors should be cautious of chasing past performance. Understanding the underlying assets in a portfolio is essential. A well-diversified portfolio can help mitigate risks during market downturns. Chapters 00:00 Understanding Index Investing 03:07 The S&P 500: A Closer Look 06:07 The Importance of Diversification 09:03 Active vs. Passive Investing 12:05 The Risks of Over-Concentration 14:58 Navigating Market Changes 17:50 Conclusion and Key Takeaways    

How much tax do you need to pay on profits from Gold Bees? We break down the taxation rules you need to know. Choosing good stocks is key to successful investing — we highlight 4 important factors you must pay close attention to. Also in focus: Index Investing vs. Bees Investing — which one is better for you? If you're living abroad, can you still invest in Indian mutual funds? We answer this common question for NRIs and explain the rules and options available. Get all the insights you need to make smarter investment decisions

Marco Sammon joins Ben and Dan to unpack his latest paper, ‘Index Rebalancing and Stock Market Composition', beginning with how Marco's work (co-written by John Shim) compares to the Nobel Prize-winner Bill Sharpe's paper, ‘Arithmetic of Active Management.' We investigate the missing links in Sharpe's logic before defining “the market” and ascertaining the main objectives of index funds. Then, we dive deeper into the mechanics of Marco's paper, index and market tracking errors, why delayed rebalancing is more beneficial than instant rebalancing, and the role of technology in the modern tracking error obsession. We also assess the passive-active spectrum of index funds in portfolio management and learn how investors should choose their optimal excess return. To end, Marco shares practical applications for improving performance benchmarked against traditional indexes, and The Aftershow is all about bridging the gap between PWL Capital and you, our listeners. Key Points From This Episode:   (0:00:00) Key takeaways from Marco Sammon's latest paper and how it compares to Bill Sharpe's ‘Arithmetic of Active Management.' (0:08:10) Marco describes what's missing from the ‘Arithmetic of Active Management' logic. (0:09:11) Defining ‘the market', the main objective of an index fund, and how index funds track the market. (0:15:57) The mechanics of Marco's paper, ‘Index Rebalancing and Stock Market Composition.' (0:18:38) Factor exposure, index and market tracking errors, and how often index funds trade. (0:26:28) Rebalancing less frequently; why delayed does better than instant rebalancing. (0:31:59) The tech run-up and lazy rebalancing, and the modern tracking error obsession.  (0:36:51) Assessing the passive-active spectrum of index funds in portfolio management. (0:41:02) Exploring how investors should decide on their optimal excess return.  (0:45:14) How the rising index fund ownership of stocks impacts the implicit cost of indexing (0:46:58) Practical ways to improve performance benchmarked against traditional indexes. (0:52:30) The Aftershow: Canadian finances, more airtime for Cameron, and PWL – OneDigital.    Links From Today's Episode: Meet with PWL Capital — https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://x.com/RationalRemindRational Reminder on TikTok — www.tiktok.com/@rationalreminder Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.caBenjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Dan Bortolotti on LinkedIn — https://www.linkedin.com/in/dan-bortolotti-8a482310/ Episode 322: Prof. Marco Sammon: How are Passive Investors Affecting the Stock Market? — https://rationalreminder.ca/podcast/322 Episode 200: Prof. Eugene Fama — https://rationalreminder.ca/podcast/200  Episode 268: Itzhak Ben-David: ETFs, Investor Behavior, and Hedge Fund Fees — https://rationalreminder.ca/podcast/268  Episode 112: Michael Kitces: Retirement Research and the Business of Financial Advice — https://rationalreminder.ca/podcast/112  Marco Sammon — https://marcosammon.com/  Marco Sammon on LinkedIn — https://www.linkedin.com/in/marco-sammon-b3b81456/  Marco Sammon on X — https://x.com/mcsammon19  Marco Sammon | Harvard Business School — https://www.hbs.edu/faculty/Pages/profile.aspx?facId=1326895  Marco Sammon Email — mcsammon@gmail.com  John Shim on LinkedIn — https://www.linkedin.com/in/john-shim-2931271b/  Vanguard — https://global.vanguard.com/  Sheridan Titman on LinkedIn — https://www.linkedin.com/in/sheridan-titman-226b0811/  Alex Chinko — https://alexchinco.com/  Erik Stafford | Harvard Business School — https://www.hbs.edu/faculty/Pages/profile.aspx?facId=6625  Itzhak (Zahi) Ben-David on LinkedIn — https://www.linkedin.com/in/ibendavi/  Bill Ackman on X — https://x.com/billackman   ‘Millennium Loses $900 Million on Strategy Roiled by Market Chaos' — https://www.bloomberg.com/news/articles/2025-03-08/millennium-loses-900-million-on-strategy-roiled-by-market-chaos   Bogleheads — https://www.bogleheads.org/   The Money Scope Podcast Episode 8: Canadian Investment Accounts — https://moneyscope.ca/2024/03/01/episode-8-canadian-investment-accounts/  The Wealthy Barber Podcast — https://thewealthybarber.com/podcast/   Financial Advisor Success Podcast — https://www.kitces.com/blog/category/21-financial-advisor-success-podcast/  Financial Advisor Success Podcast Episode 433: When You 10X Your Advisory Firm To Over $20M Of Revenue…And Want To 10X Again, With Cameron Passmore — https://www.kitces.com/blog/cameron-passmore-pwl-capital-10x-revenue-growth-advisory-firm/   OneDigital — https://www.onedigital.com/  The Longview Podcast: Ben Felix   Papers From Today's Episode:    ‘The Arithmetic of Active Management' — https://www.jstor.org/stable/4479386    ‘Index Rebalancing and Stock Market Composition: Do Index Funds Incur Adverse Selection Costs?' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5080459     ‘Luck versus Skill in the Cross-Section of Mutual Fund Returns' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1356021    ‘The Passive-Ownership Share Is Double What You Think It Is' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4188052    ‘Long-Term Returns on the Original S&P 500 Companies' — https://www.researchgate.net/publication/247884354_Long-Term_Returns_on_the_Original_SP_500_Companies     ‘The Price of Immediacy' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1001762   ‘Competition for Attention in the ETF Space' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3765063    ‘Passive in Name Only: Delegated Management and “Index” Investing' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3244991      Jeremy Stein — “Unanchored” Strategy

In this episode, Scott Becker discusses the unpredictability of individual stocks, using Avis Budget Group's unexpected 20% surge as an example.

In this episode, Scott Becker discusses the unpredictability of individual stocks, using Avis Budget Group's unexpected 20% surge as an example.

The biases of market-cap-weighted indices, value investing, misconceptions about the risk premium, the universal principles of investing, and much more with the legendary Robert Arnott. =============================================== Investi con Fineco, 60 trade gratis nei primi tre mesi con il codice TRD060-TB Turtleneck: l'Assicurazione sulla Vita semplice e conveniente Naviga in totale sicurezza con NordVPN Investi con Scalable in azioni e ETF a prezzi imbattibili. Migliaia di audiolibri riassunti in 15 minuti con 4Books. I link sono sponsorizzati e l'Autore potrebbe percepire una commissione. =============================================== ATTENZIONE: I contenuti di questo canale hanno esclusivamente finalità di informare e intrattenere. Le informazioni fornite sul canale hanno valore indicativo e non sono complete circa le caratteristiche dei prodotti menzionati. Chiunque ne faccia uso per fini diversi da quelli puramente informativi cui sono destinati, se ne assume la piena responsabilità. Tutti i riferimenti a singoli strumenti finanziari non devono essere intesi come attività di consulenza in materia di investimenti, né come invito all'acquisto dei prodotti o servizi menzionati. Investire comporta il rischio di perdere il proprio capitale. Investi solo se sei consapevole dei rischi che stai correndo. Learn more about your ad choices. Visit megaphone.fm/adchoices

From LTCM Collapse to $2B Success: Victor Haghani's Path with Elm Wealth and Dynamic Index Investing® Website: www.ElmWealth.comTicker: $ELMBioBio Victor Haghani graduated from the London School of Economics in 1984. He worked for Salomon Brothers in New York in research and on the bond arbitrage desk from 1984-1993. In 1993, Victor was a co-founding partner and co-headed the London office of the hedge fund Long-Term Capital Management. He founded Elm Wealth in 2011 to help clients, including his own family, manage and preserve their wealth through Dynamic Index Investing®, an investment approach pioneered at Elm. Victor discussed the potential benefits of combining the best features of passive and active investing in a TEDx talk he gave on investing, Where Are All the Billionaires and Why Should We Care?. Victor has been a prolific contributor to the academic and practitioner finance literature, writing many articles published in peer-reviewed academic journals, anthologies, and mainstream news media. Victor has helped run several widely referenced investor psychology experiments, often based on subjects betting real money on uncertain, positive edge opportunities (Coin Flip game and Crystal Ball challenge). He is a co-author of The Missing Billionaires: A Guide to Better Financial Decisions (Wiley, 2023), which was named to The Economist's Best Books of 2023 list.

Send us a textIn this episode of 'Retired Early, Retired Now,' Hunter Kelly, a certified financial planner, introduces a unique investment strategy known as direct index investing. This strategy, historically accessible only to the ultra-wealthy, is now more widely available due to advancements in technology and zero trading fees. Hunter explains how direct index investing allows for significant tax efficiency through tax loss harvesting and customization. The episode elaborates on the criteria for effective use, such as high-income brackets, concentrated stock holdings, and charitable giving, and emphasizes the importance of professional advice for managing the complexity of this strategy. Ideal for high-income earners, the conversation provides valuable insights into minimizing tax liabilities and boosting long-term wealth.00:00 Introduction to Unique Investment Strategy00:34 Understanding Direct Index Investing01:45 Tax Efficiency in Brokerage Accounts04:06 Benefits of Direct Index Investing13:10 Managing a Direct Index Portfolio16:41 Criteria for Direct Index Investing21:08 Conclusion and Final ThoughtsDimensional Advisors Research PaperCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Jarrad Linzie of MSCI has been structuring and implementing indices for years. Hear what he thinks about the business as it faces transitional pressures.

Mike Green of Simplify Asset Management says the success of passive investing is pumping unprecedented risk into the markets.

Talking solo, Jesse tackles two important, ever-present investing questions in today's monologue. Should I try to time the market? How do I beat the market? The truth is, the timeless advice stands: diversify your portfolio, steer clear of speculation, and invest early and often. Diversifying is like buying the haystack, rather than looking for the needle, because, the truth is, you probably won't find the needle. Speculative stock-picking is like picking out some straw and hoping it'll turn out to be the needle. To illustrate the benefits of consistent investing - rather than attempted market timing - Jesse tells the tale of Bad Timing Bill, Normal Nick, and Good Timing Gary. Bill and Gary both tried to time the market. This episode is packed with insight you'll want to return to again and again. Key Takeaways: • Don't look for the needle in the haystack. Buy the haystack. Most stock pickers stumble into success. • There's no such thing as skilled stock picking because we can never know the entire market. • Just because a business is massive and visible, doesn't mean it will forever make good decisions. • How to sort out a fair price for something. A good burger isn't worth 100 dollars! • What are CAPE and PE ratios? • The story of Bill, Nick, and Gary: Why you shouldn't try to time the market.  Key Timestamps:(00:00) The Best Interest Year in Review (08:02) The Evergreen Question: Is Now the Right Time to Invest? (11:58) The Case for Index Investing (25:16) Understanding Market Efficiency (29:13) The Starbucks Dilemma: Diversification vs. Concentration (32:01) The Importance of Price (32:39) Warren Buffett's Wisdom on Fair Prices (33:37) The Risks of Overconcentration in a Single Stock (34:14) Diversification and Risk Management (35:36) The Concept of Timing the Market (36:08) The CAPE Ratio Explained (46:39) Dollar Cost Averaging vs. Lump Sum Investing (51:27) The Complexity of Market Movements Key Topics Discussed:The Best Interest, Jesse Cramer, Rochester New York, financial planner, financial advisor, wealth management, retirement planning, tax planning, personal finance, stock picking, speculation, index funds, mutual funds, stock market, DIY investing Mentions:Wealth Creation in the U.S. Public Stock Markets 1926 to 2019 by Hendrik Bessembinder https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3537838  The Needle in the Haystack:  https://bestinterest.blog/the-needle-in-the-haystack/ Yes, You Can Beat the Market, But...:  https://bestinterest.blog/yes-you-can-beat-the-market/ Good Company, Bad Stock:  https://bestinterest.blog/good-company-bad-stock/ The CAPE Ratio vs. Future Returns: https://bestinterest.blog/cape-vs-future-returns/ More of The Best Interest:Check out the Best Interest Blog at bestinterest.blog Contact me at jesse@bestinterest.blog The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

In this week's podcast, I talk about Index Investing in Ireland – A topic that will be of interest to all As you know at Informed Decisions, we believe in helping build a secure financial future through strategies grounded in research, not speculation. Today, I'd like to share why evidence-based investing, a disciplined approach driven by decades of data, stands out as one of the most reliable ways to achieve long-term financial success and security. Disclaimer

Today's Post - https://bahnsen.co/491vGxa Thanksgiving Special: Index Investing and Its Impact In this episode of The Dividend Cafe, David Bahnsen, Managing Partner at The Bahnsen Group, discusses the implications of index investing on non-index investors, especially those following a philosophy of active investment focusing on dividend growth stocks. Bahnsen explores the mathematical realities of index investing, how its growing concentration affects market volatility and liquidity, and why it poses both challenges and opportunities for active managers. Additionally, he touches on current economic updates, the rationale behind Gen Z's financial perspectives, and the latest from the Trump administration regarding economic cabinet roles. 00:00 Introduction and Thanksgiving Plans 00:54 Election Aftermath and Policy Expectations 01:50 Index Investing and Its Impact 04:21 Liquidity and Volatility in Markets 11:25 Understanding Investment Spreads 15:10 Economic Sentiments and Housing 17:56 Administration's Economic Plans 20:37 Conclusion and Final Thoughts Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Innovation in the investment industry is a hot topic thanks to the rise of things like AI, shifting investor demand, and volatile markets that are requiring more agility from investors. Today we'll be exploring the innovations driving both the ETF Market and Index investing more broadly, examining the latest trends and challenges facing investors, and how technology is playing a role in shaping these products.Joining Oscar live in London at BlackRock's annual UK Wealth Investors Forum is Manuela Sperandeo, Head of Product for iShares in EMEA and Stuart Doole, global head of Equity investing research at MSCI, an investment research firm that provides stock indexes, portfolio risk, and performance analytics.Sources: ‘Global ETF assets reach $11 trillion', Investment News, February 2024 Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting www.iShares.com or www.blackrock.com. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal. Actively managed funds do not seek to replicate the performance of a specified index, may have higher portfolio turnover, and may charge higher fees than index funds due to increased trading and research expenses. The iShares ETFs that are registered with the US Securities and Exchange Commission are distributed in the US by BlackRock Investments, LLC. This material does not constitute an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. BlackRock Is not affiliated with MSCI.This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to the names of each company mentioned in this communication is merely for explaining the investment strategy and should not be construed as investment advice or investment recommendation of those companies. In the UK and Non-European Economic Area countries, this is authorised and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorised and regulated by the Netherlands Authority for the Financial Markets. For full disclosures go to Blackrock.com/corporate/compliance/bid-disclosuresSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

An encore airing of our interview (ILAB 190) from summer 2021 with Kraneshares Managing Director Luke Oliver on the Gloabl Carbon Market and their fund $KRBN. Luke will be returning to ILAB soon for a follow up, so we thought it'd be good for you to get refreshed on this ESG investment idea, seeing as it's underperformed the last 18 months. Derek & Sam both personally hold $KRBN and we know a lot of our bosses out there bought in on this initial airing too so we look forward to Luke's return to the show. Discussed:  Original episode ILAB 190 Kraneshares Global Carbon ETF | KRBN The Impact and ESG Case for Gloabl Carbon Allownace Exposure in Portfolios Carbon Pricing: Investing in a Changing Climate Where we are: Johnny FD – Kyiv, UA / IG @johnnyfdj Sam Marks - Barcelona, ES / IG @sammarks12 Derek – Los Angeles, US / IG @DerekRadio Sponsor: RobinhoodFrom October 16-27, 2024, when you transfer your IRAs, margin balances, or other brokerage accounts to Robinhood, there's no limit to how much you can earn. Head to Robinhood.com/HoodWeek now to learn more. ILAB PatreonJoin the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss Time Stamp: 01:12 - Derek Intro 03:07 - Interview Begins 24:20 - This Seems Too Good to Be True? 40:02 - Sam/Derek Recap 55:44 - Sam & Derek Both Bought KRBN If you enjoyed this episode, do us a favor and share it! If you haven't already, please take a minute to leave us a 5-star review on Apple Podcasts and Spotify. Copyright 2024. All rights reserved. Read our disclaimer here.

Discover more about the world of index investing in our video podcast. We dive into the history of index funds, starting with the creation of the S&P 500 and the revolutionary move by Vanguard in 1976. Learn the differences between major indexes like the Dow Jones and Russell 2000, and explore the rise of Exchange Traded Funds (ETFs), which offer tax efficiency, intraday trading, and accessibility for smaller investors. We also break down key index construction methods, such as market-cap-weighted vs. equal-weighted indexes, and discuss how different approaches impact portfolio performance. Additionally, gain insights into factor indexing strategies and how modern investing has evolved beyond passive approaches, utilizing factors like size, momentum, and quality to enhance returns. This video is for anyone wanting to understand: The history and benefits of index investing How ETFs differ from mutual funds Why factor-based strategies are gaining popularity. The key differences in index construction across major funds Whether you're a seasoned investor or just starting out, this comprehensive overview will help you navigate the ever-expanding world of index investing. Don't miss out—subscribe for more insights on personal finance and investment strategies! #IndexInvesting #ETF #S&P500 #MutualFunds #FactorInvesting #Vanguard #Russell2000 #InvestingBasics #FinancialEducation

Welcome to the final installment of our series exploring the power of index ETFs. Over four episodes we've been discussing why indexes:Ensure you don't miss out on growthOffer income without the hassleCut your losers, double-down on your winnersAre designed to last forever (this episode)In this episode we're taking a closer look at why indexes may be the only truly timeless investment product.We all love the idea of being a long term investor, but not every investment is designed to be long-term. The history of the stock market is a history of companies rising and falling, of one generation's giants being disrupted by a new wave of companies.When it comes to index ETFs, it is a completely different proposition. They are designed to be timeless and capture the growth in the stock market, wherever it comes from next. Tune in to today's episode to find out how.—------This content has been made in collaboration with iShares by Blackrock, NAB Trade and S&P Dow Jones Indicies. Thank you to these partners for helping keeping all of our content free and accessible.—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The content is distributed by WealthHub Securities Limited (WSL) (ABN 83 089 718 249)(AFSL No. 230704). WSL is a Market Participant under the ASIC Market Integrity Rules and a wholly owned subsidiary of National Australia Bank Limited (ABN 12 004 044 937)(AFSL No. 230686) (NAB). NAB doesn't guarantee its subsidiaries' obligations or performance, or the products or services its subsidiaries offer. This material is intended to provide general advice only. It has been prepared without having regard to or taking into account any particular investor's objectives, financial situation and/or needs. All investors should therefore consider the appropriateness of the advice, in light of their own objectives, financial situation and/or needs, before acting on the advice. Past performance is not a reliable indicator of future performance. Any comments, suggestions or views present do not reflect the views of WSL and/or NAB. Subject to any terms implied by law and which cannot be excluded, neither WSL nor NAB shall be liable for any errors, omissions, defects or misrepresentations in the information or general advice including any third party sourced data (including by reasons of negligence, negligent misstatement or otherwise) or for any loss or damage (whether direct or indirect) suffered by persons who use or rely on the general advice or information. If any law prohibits the exclusion of such liability, WSL and NAB limit its liability to the re-supply of the information, provided that such limitation is permitted by law and is fair and reasonable. For more information, please click here. Hosted on Acast. See acast.com/privacy for more information.

Welcome to part 3 of our 4 part exploration of the power of index ETFs. We may have written a book on them, but we still think index ETFs are under-appreciated.Over four episodes we'll be discussing why indexes:Ensure you don't miss out on growthOffer income without the hassleCut your losers, double-down on your winners (this episode)Are designed to last foreverIn this episode we're taking a closer look how the design of an index gives us more of the companies doing well, and less of the companies doing poorly.Two of the hardest parts of investing - knowing when to sell and getting your position sizing correct. Luckily, the design of the index product takes care of both of those for you by applying a consistent, rules-based approach. Listen to today's episode to understand how.—------This content has been made in collaboration with iShares by Blackrock, NAB Trade and S&P Dow Jones Indicies. Thank you to these partners for helping keeping all of our content free and accessible.—------Want a short, sharp summary of the news moving markets? Sign up to our email to keep up with the day's business news —------Want to get involved in the show?Have a question? Ask via our website and we'll answer it on the podcast.Join the conversation in the Facebook Discussion Group—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Welcome to part 2 of our 4 part exploration of the power of index ETFs. We may have written a book on them, but we still think index ETFs are under-appreciated. Over four episodes we'll be discussing why indexes:Ensure you don't miss out on growth Offer income without the hassle (this episode)Cut your losers, double-down on your winnersAre designed to last forever In this episode we're taking a closer look at the income paid by index ETFs, and why they offer a simple alternative to the hassle and cost of chasing dividend yields from cyclical individual stocks. —------This content has been made in collaboration with iShares by Blackrock, NAB Trade and S&P Dow Jones Indicies. Thank you to these partners for helping keeping all of our content free and accessible.—------Want a short, sharp summary of the news moving markets? Sign up to our email to keep up with the day's business news —------Want to get involved in the show?Have a question? Ask via our website and we'll answer it on the podcast.Join the conversation in the Facebook Discussion Group—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.Important Information: This material has been created with the co-operation of BlackRock Investment Management (Australia) Limited (BIMAL) ABN 13 006 165 975, AFSL 230 523 on 23 July 2024. Comments made by BIMAL employees here represent BIMAL's views only. This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction. Hosted on Acast. See acast.com/privacy for more information.

Hello everyone, it's Bill Thompson – T Bill. Some of the things covered on today's session include:  Mutual Funds – The full list of the ProShares Leveraged Index Funds. A revised labor report shows 818,000 fewer jobs.   Peloton's possible comeback.   The Canadian railroad shutdown.  Wal-Mart+ offering discount on Burger King. 

The growth of index ETFs has been one of the investing stories of our lifetime. And yet, we think they're still under-appreciated. Over 4 episodes we're going to be exploring the power of index investing. In the first episode we're focusing on growth, and why with index funds you don't miss out. —------This content has been made in collaboration with iShares by Blackrock, NAB Trade and S&P Dow Jones Indicies. Thank you to these partners for helping keeping all of our content free and accessible. —------Want a short, sharp summary of the news moving markets? Sign up to our email to keep up with the day's business news —------Want to get involved in the show?Have a question? Ask via our website and we'll answer it on the podcast.Join the conversation in the Facebook Discussion Group—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.Important Information: This material has been created with the co-operation of BlackRock Investment Management (Australia) Limited (BIMAL) ABN 13 006 165 975, AFSL 230 523 on 23 July 2024. Comments made by BIMAL employees here represent BIMAL's views only. This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction. Hosted on Acast. See acast.com/privacy for more information.

Hello everyone, it's Bill Thompson – T Bill. Some of the things covered on today's session include:  Mutual Funds – The Standard & Poor's 500 Index return versus the SPDR Exchange Traded Fund.  Consumer Price Index at lowest level in three years.   Retail sales stronger than expected. Mars buying Kellanova. Deadpool & Wolverine now over $1 Billion at the box office. 

Hello everyone, it's Bill Thompson – T Bill. Some of the things covered on today's session include:  Mutual Funds – Leveraged Index Exchange Traded Funds. Boeing's new CEO.   Heatflation explained.  Carry Trades and their effects in the markets.   Disney may have the three $1 Billion movies of 2024.

Hello everyone, it's Bill Thompson – T Bill. Some of the things covered on today's session include:  Mutual Funds – S&P 500 Inverse leveraged Funds.  Deadpool & Wolverine heading for over $1 Billion at the box office.  Delta Airlines CEO blasts CrowdStrike.  First Artificial Intelligence law takes effect in Europe today. The outlook for interest rates.  The need for electricians. The launch of the new Venu sports streaming service.  

Hello everyone, it's Bill Thompson – T Bill. Some of the things covered on today's session include: Mutual Funds – The Rydex S&P 500 leveraged Fund.  Personal Consumption Expenditure Index shows declining inflation. Paris Olympics coming in at lower cost than predecessors.   CrowdStrike's stock price fallout. Deadpool & Wolverine set for record opening.  The 22nd Amendment and Presidential term limits.  

Hello everyone, it's Bill Thompson – T Bill. Some of the things covered on today's session include: Mutual Funds – The Rydex Dow Jones Industrial Average leveraged Fund. The market's YTD returns.   Amazon Prime event spurs record online retail sales. Darden Restaurants acquires Chuy's.  Ferrari's rewards program for reporting counterfeits.   The election's effect on the stock markets. Ford converting EV factory to gas powered trucks.

Hello everyone, it's Bill Thompson – T Bill. Some of the things covered on today's session include:  Mutual Funds – The Rydex Dow Jones Industrial Average Fund. Consumer Price Index shows a decline in prices for June.  The end of Redbox.  John Deere layoffs. Summer Olympic betting expected to set records.   Target no longer accepting personal checks.  Bitcoin investor MircroStrategy announces a 10-for-1 stock split. 

Hello everyone, it's Bill Thompson – T Bill. Some of the things covered on today's session include:  Mutual Funds – Leveraged Index Funds.  The markets are at record highs.   The job market remains hot.  Southwest Airlines institutes a ‘Poison Pill ‘strategy.  AI company reaches deal to use deceased actor's voices to narrate audio books. 

✍︎: The Curious Worldview Newsletter - the ultimate compliment to the podcast...Bill BrowderNassim TalebFollow me on Instagram - @ryanfhoggThis is an interview with Victor Haghani who is among many other things… the Co-Founder of LTCM (long term capital management), the Founder of Elm Wealth and the author of Missing Billionaires.In this interview we focused on Victor himself... his experiences at Solomon in the 80s and a brush with Bill Browder (who by the way was recently knighted), comments on Jim Simons and Nassim Taleb, an incredible moment of serendipity that would have changed his life forever and ultimately an exploration of Victor's worldview...00:00 – Who Is Victor Haghani01:40 - 1997 Nobel Prize & Stockholm07:47 - Solomon Brothers & Bill Browder Anecdote16:15 - 10 Year Sabbatical24:42 - Jim Simons30:49 - Missing Billionaires & Ergodicity52:40 - Baggage We Are Carrying Around From Our Evolutionary Past1:00:40 - Nassim Taleb1:04:40 - Potentially A Confrontational Question1:11:40 - Michael Burry Index Bubble Theory1:18:26 - An Incredible Moment Of Serendipity & Why Victor's Bullish On UK

Our guest this week is our colleague, Bryan Armour, who is director of passive investment strategies research, North America, for Morningstar Research Services. Bryan is also editor of the ETFInvestor newsletter. Before joining Morningstar in 2020, Bryan spent seven years working for Finra, the Financial Industry Regulatory Authority, conducting trade surveillance and investigations specializing in exchange-traded funds. Prior to Finra, he worked for a proprietary trading firm as an options trader at the Chicago Mercantile Exchange. Bryan holds a BA in Economics from the University of Illinois and the Chartered Financial Analyst designation.BackgroundBioPassive Investing and ETFs“Index Funds Have Officially Won,” by John Rekenthaler, Morningstar.com, Feb. 13, 2024.“Active Funds Fell Short of Passive Peers in 2023,” by Bryan Armour, Morningstar.com, March 12, 2024.“It's Official: Passive Funds Overtake Active Funds,” by Adam Sabban, Morningstar.com, Jan. 17, 2024.“ETFs vs. Mutual Funds: The Benefits That Really Matter,” by Bryan Armour, Morningstar.com, Feb. 6, 2024.“2023 Model Portfolio Landscape,” Morningstar.com.“Markets Are ‘Fundamentally Broken' Due to Passive Investing, Says David Einhorn,” by William Watts, marketwatch.com, Feb. 9, 2024.“How Fund Fees Are the Best Predictor of Returns,” by Russ Kinnel, Morningstar.com, Jan. 12, 2026.“Cage Match: Traditional Index Funds vs. ETFs,” by Christine Benz and Margaret Giles, Morningstar.com, Oct. 20, 2023.“Global Fund Flows: 2023 in Review,” Morningstar.com, Feb. 6, 2024.“A Closer Look at Vanguard's Newest Core Bond ETFs,” by Dan Sotiroff, Morningstar.com, Feb. 12, 2024.“3 New ETFs That Stand Out From the Pack,” by Ryan Jackson, Morningstar.com, Aug. 30, 2023.“Converting Mutual Funds to ETFs: What to Make of the Trend,” by Daniel Sotiroff, Morningstar.com, April 11, 2023.“How to Choose a Great Dividend ETF,” by Dan Sotiroff, Morningstar.com, May 17, 2023.“The Best and Worst New ETFs of 2023,” by Bryan Armour, Morningstar.com, Dec. 19, 2023.Bitcoin and Covered-Call ETFs“Spot Bitcoin ETFs Are Here. Should You Invest?” by Bryan Armour, Morningstar.com, Jan. 11, 2024.“Grayscale's Victory Over the SEC Doesn't Mean a Spot Bitcoin ETF—for Now,” by Bryan Armour, Morningstar.com, Aug. 30, 2023.“Should You Buy a Covered-Call ETF?” Video interview with Bryan Armour and Ruth Saldanha, Morningstar.com, June 14, 2023.Securities MentionediShares ESG Aware ETF ESGUiShares MSCI USA Quality Factor ETF QUALARK Innovation ETF ARKKGrayscale Bitcoin Trust (BTC) GBTCJPMorgan Equity Premium Income ETF JEPIGlobal X Nasdaq 100 Covered Call ETF QYLDVanguard's High Dividend Yield ETF VYMBlackRock Flexible Income ETF BINCSchwab High Yield Bond ETF SCYBT. Rowe Price Capital Appreciation Equity ETF TCAF2x Bitcoin Strategy ETF BITXYieldMax AI Option Income Strategy ETF AIYYOther“The ETF Rule: What It Is and Why It Matters,” by Irene Huhulea, Investopedia.com, Jan. 25, 2024.

When analyzing time horizons, risk evaluation changes for different periods. Today's Stocks & Topics: IYH - iShares U.S. Healthcare ETF, MGY - Magnolia Oil & Gas Corp., EOG - EOG Resources Inc., FPI - Farmland Partners Inc., NVT - nVent Electric PLC, Interest Rates and the Economy, GOLD - Barrick Gold Corp., Gold Rally, Global Manufacturing Outside of China, COP – Conoco Phillips.Our Sponsors:* Check out Rosetta Stone and use this link for a great deal: https://www.rosettastone.com/TODAYAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this episode, we spoke about VOO, VTI and index investing. We also talked Saudi Arabia, China, Russia, and other countries' plans on moving away from the US dollar.  We spoke about the political landscape of America, the future for Donald Trump, Joe Biden, and the Republican Party. We went over fundamental analysis, top AI companies, Instagram and more. #usdollar #ai #donaldtrumpSupport this podcast at — https://redcircle.com/marketmondays/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy