Podcast appearances and mentions of mark hebner

Bob interviews index fund specialist Mark Hebner on the ins and outs of index investing.

Mark T. Hebner is the founder and CEO of Index Fund Advisors, Inc., (IFA), author of the highly regarded book Index Funds: The 12-Step Recovery Program for Active Investors, focused on investor education. Mark's current book and previous editions received praise from financial industry experts and academic luminaries, including John Bogle, David Booth, Burton Malkiel, and Nobel Laureates Harry Markowitz and Paul Samuelson. The book has been nominated as one of the three all-time greatest investment books, along with the writings of John Bogle and Warren Buffett. This book details the possible perils associated with stock picking, mutual fund manager picking, market timing, and other wealth-depleting behaviors. Hebner's 12-Step Program teaches the differences between active and passive investing, explains the emotional triggers that impact investment decisions, and offers an enlightening education on evidence-based investing that may forever change the way an investor perceives the stock market. Hebner is a respected speaker, frequent news contributor and authority on investing. His life's mission is to “change the way the world invests by replacing speculation with education.” Hebner is especially knowledgeable about index funds, portfolio construction and the research indexes designed by Nobel Laureate Eugene Fama and Kenneth French. These indexes provide the building blocks for the prudent evidence-based investment strategies that Hebner implements for his IFA clients. Mark is a Wealth Advisor (Series 65) and has an MBA from the University of California, Irvine and a Bachelor's in Nuclear Pharmacy from the University of New Mexico. He was a member of the Young Presidents' Organization for over 20 years and is currently a member of the World Presidents' Organization and the Chief Executives Organization. Prior to founding Index Fund Advisors in 1999, Mark was President, CEO and co-Founder of Syncor International (previously a public company - SCOR) from 1975 to 1985. In Jan. 2003, Cardinal Health acquired Syncor for approximately $850 million. As a division of Cardinal Health, it is the world's leading provider of nuclear pharmacy services. -- Critical Mass Business Talk Show is Orange County, CA's longest-running business talk show, focused on offering value and insight to middle-market business leaders in the OC and beyond. Hosted by Ric Franzi, business partner at REF Orange County.

Bob interviews index fund specialist Mark Hebner on the ins and outs of index investing.

Welcome to another episode of the Richer Geek Podcast! Join us as Mark Hebner, founder and CEO of Index Fund Advisors, Inc. (IFA), presents a comprehensive 12-step guide to mastering index fund investing. Explore the benefits of passive investing, pitfalls of active trading, and the significance of diversification and risk management. Gain insights on aligning your portfolio with long-term financial goals using Nobel Prize-winning research and practical advice to optimize your investment strategy. Ideal for individuals seeking to shift from speculation to education in their investment journey. In this episode, we're discussing… Understanding Index Funds: Learn how passively managed index funds outperform speculative investments over time by optimizing risk-adjusted returns. Investing Philosophy: Discover Mark Hebner's mission to replace speculation with education in investing, emphasizing the importance of benchmarking performance against index funds. Risk Management: Gain insights into the Nobel Prize-winning research that shows diversification through index funds reduces risk while maintaining expected returns. Challenges of Active Investing: Explore the pitfalls of active investing and day trading, likening it to gambling, and understand why a long-term, passive approach is more effective. Role of Brokers: Uncover the tactics used by brokers that prioritize their earnings over client returns and why working with a fiduciary advisor is crucial. Historical Performance: Understand the long-term performance of various indexes, including the S&P 500, small-cap, and value companies, and their implications for future returns. Behavioral Finance: Recognize the psychological aspects of investing, including the addiction to trading and how to overcome it by adopting a structured, educated approach. Practical Advice: Practical steps for investors to determine their risk tolerance and align their portfolio with long-term financial goals using index funds. Resources from Mark LinkedIn | Index Fund Advisors | Index Funds: The 12-Step Recovery Program for Active Investors Resources from Mike and Nichole Gateway Private Equity Group | REI Words | Nic's guide

Our friend, Mark Hebner from Index Fund Advisors, joins Tom and Don to talk about the most important number to investors, total return. The rise and fall of prices shouldn't be of much concern to investors, it's how much you make on your investments. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bob interviews Mark Hebner about his book Index Funds - The 12-Step Recovery Programs for Active Investors. This book is considered one of the top 3 investment books ever written. Mark shares some great insight.    

Mark Hebner, chief executive officer at Index Fund Advisors, says that the dominant action of the so-called Magnificent Seven stocks is nothing new, and that the market has long shown a propensity for companies to have oversized performance as their shares moved into the top 10 of an index, only to then regress toward the mean. It's not just why he thinks the Magnificent Seven will cool off in the not-too-distant future, but it reinforces investors using index funds to ride out the market rather than trying to be stock-pickers and falling prey to the market moving against them. Matt Brannon, data analyst with Clever Real Estate, discusses the site's 2024 State of Retirement Finances report, which found that 40 percent of retirees worry about living their savings and nearly 20 percent more say they already have. Plus, Chuck answers a listener's question about selecting bond funds, and author Ernest Scheyder discusses his new book, "The War Below: Lithium, Copper, and the Global Battle to Power Our Lives."

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]

Joining us on the Rational Reminder today is one of the pioneers in the space of evidence-based investing, and someone who has been a massive inspiration to us, Mark Hebner! His website, Index Fund Advisors, was one of the first to start explaining the ideas of an evidence-based approach and the power of indexing, way back in the 1990s. We get to hear from Mark about his transition from misled active investor to his discovery of indexing and how this led to him founding Index Fund Advisors. One of Mark's mantras is to replace speculation with education, an idea he has held dear since his first forays into passive strategies and a message he delivers to his new clients repeatedly. Mark also tells us about the niche he filled with his business, visually presenting the evidence that was being ignored, in a way that was both easy to understanding and also convincing for investors. Our conversation covers the troubled waters of DIY investing, why Mark believes that an advisor is a necessary part of a good approach, as well as the parts of wealth management that are not actual investing. Mark unpacks his definition of risk and how best to think about it before we get into the topic of taxation. So for all this valuable information from a true authority, be sure to listen in with us and hear what Mark has to say!    Key Points From This Episode: The events that led up to Mark founding Index Fund Advisors. [0:03:18.7] Mark's 12 step process for getting out of active investing and the importance of the first one. [0:11:41.3] Advice for avoiding the allure of active management — the idea of the Ulysses Pact. [0:16:12.2] Thoughts on large-cap growth stocks and the lessons we learn from history. [0:18:34.6] You cannot cheat risk; rules that have remained the same since 1720. [0:22:37.3] The folly of market timing and Mark's approach for explaining this. [0:27:55.1] Understanding tax and how it should impact and propel passive strategies. [0:33:10.1] The best way to think about risk — the uncertainty of your expected returns. [0:36:16.6] Important lessons that Mark has learned while educating clients over the years. [0:39:02.4] Aspects of wealth management apart from investing; saving, withdrawal rates, spending, and more. [0:43:28.2] The indispensability of an advisor — why DIY investing is not the way to go. [0:47:08.7] Mark's personal definition of success: Freedom of choice and the opportunity to help. [0:51:04.4] The public company that Mark had and exited before he got into investing. [0:54:23.8]

Mark Hebner is author of Index Funds: The 12-Step Recovery Program for Active Investors Mark is the founder and president of Index Fund Advisors, Inc., (IFA), author of the highly regarded book Index Funds: The 12-Step Recovery Program for Active Investors, focused on investor education. Mark's current book and previous editions received praise from financial industry experts and academic luminaries, including John Bogle, David Booth, Burton Malkiel, and Nobel Laureates Harry Markowitz and Paul Samuelson. The book has been nominated as one of the three all-time greatest investment books, along with the writings of John Bogle and Warren Buffett. Prior to founding Index Fund Advisors in 1999, Mark was President, CEO and co-Founder of Syncor International (previously a public company - SCOR) from 1975 to 1985. In Jan. 2003, Cardinal Health acquired Syncor for approximately $850 million. As a division of Cardinal Health, it is the world's leading provider of nuclear pharmacy services. Mark is a Wealth Advisor and has an MBA from the University of California, Irvine and a Bachelor's in Nuclear Pharmacy from the University of New Mexico. --- Send in a voice message: https://anchor.fm/incubatorhedgefund/message

Mark Hebner summarizes the market's performance during the first quarter of 2020 and demonstrates the difficulty in picking the next asset class winner.

With the recent market volatility, Mark Hebner explains the importance of rebalancing your portfolio.

Over the last 40 years there have been several instances where stock markets have been impacted by major epidemics or outbreaks. i

Human beings are hardwired to focus on the present. We're finely attuned to the immediate threats around us. What we are not quite so good at is dealing with long-term dangers like saving enough for retirement.

In Venkat Yarlagadda's 2nd Annual Interview with Mark Hebner, they talk about a wide variety of topics. The investing media has posed some interesting questions as of late. Is there an indexing bubble? Is value investing dead?

Mark Hebner summarizes the market's performance during the fourth quarter of 2019 & demonstrates the difficulty in picking the next asset class winner.

In Part Six of Venkat Yarlagadda's 2nd Annual Interview with Mark Hebner, they talk about the synergy between IFA and IFA Taxes.

In Part Five of Venkat Yarlagadda's 2nd Annual Interview with Mark Hebner, they discuss the underperformance of International stocks.

In Part Four of Venkat Yarlagadda's 2nd Annual Interview with Mark Hebner, they discuss whether or not there is an indexing bubble.

In Part Three of Venkat Yarlagadda's 2nd Annual Interview with Mark Hebner, they talk about advisor risk.

In Part Two of Venkat Yarlagadda's 2nd Annual Interview with Mark Hebner, they talk about the realized returns of investors.

In Part One of Venkat Yarlagadda's 2nd Annual Interview with Mark Hebner, they talk about the recent buzz in the media that Value Investing is dead.

Investing is something that human beings find far more difficult than we should. Why? It's simply down to the way we are. One example is our tendency to rely quite heavily on intuition.

In Part Two of our Understand Uncertainty series, Mark illustrates the random walk of market returns using the Hebner Model and the Galton Board.

One of the problems people face when choosing a fund to invest in is a lack of transparency.

Mark Hebner summarizes the market's performance during the third quarter of 2019 & demonstrates the difficulty in picking the next asset class winner.

Mark Hebner sits down with Dimensional's V.P. Weston Wellington to discuss the renowned Matrix books that Dimensional has published since 1982.

Are great companies necessarily great investments? Dimensional Vice President, Weston Wellington describes the market's innate ability to fairly price companies, and how the wisdom of the crowds repeatedly trumps speculation.

IFA.tv is proud to welcome Scott Bosworth, Vice President of Dimensional Fund Advisors. Scott presents Part One of The Psychology of Investor Behavior.

IFA.tv is proud to welcome back Scott Bosworth, Vice President of Dimensional Fund Advisors. Scott presents Part Two of The Psychology of Investor Behavior.

Index Fund Advisors would like to remind you of our valuable service of Tax Loss Harvesting.

Mark Hebner starts a new series of videos about understanding uncertainty. The focus of the series will be the uncertainty of market returns.

Mark Hebner summarizes the market's performance during the second quarter of 2019 and demonstrates the difficulty in picking the next asset class winner.

Mark Hebner explains market volatility using the Hebner model.

Mark Hebner summarizes the market's performance during the first quarter of 2019 and demonstrates the difficulty in picking the next asset class winner.

Research into couples and their personal finances consistently shows that it's mainly men who make investment decisions.

John Bogle once described the practice of stock picking as “looking for a needle in a haystack.”

Some investors like to copy the strategy of famous fund managers. Others try to emulate the endowments of top American Universities.

In Part Five of Venkat's interview with Mark Hebner, they look at why it's so important to invest and relax

In Part Four of Venkat's interview with Mark Hebner, they break down the uniqueness of IFA and the importance of having an investment advisor.

In Part Three of Venkat's interview with Mark Hebner, they discuss the Behavior Gap.

In Part Two of Venkat's interview with Mark Hebner, they talk about the uniqueness of Dimensional Fund Advisors.

Robin Powell interviews Mark Hebner, founder and President of Index Fund Advisors, about how his interest in evidence-based investing, and how he set out to change the way world invests. Mark also discusses his investment in educational content. “From the beginning," he says," every time I was asked a question by a client, and I didn’t have the answer on my website, I would put it there. We just kept adding them.” Mark's firm, which is based in Irvine, California, now has $3.6 billion under management.

Mark Hebner summarizes the market's performance during the fourth quarter of 2018 and demonstrates the difficulty in picking the next asset class winner.

Vanguard founder and indexing pioneer John Bogle passed away yesterday. We wanted to take the time to look back at his impact on the investment world.

In Part One of this multi-part interview, Venkat Yarlagadda sits down with Mark Hebner and asks him why he started IFA.

Every now and again investors get excited about a new technological innovation which appears to be groundbreaking.

Experts in human behavior have observed a number of biases that people are prone to. But specifically regarding investing, which is the most damaging bias of all?

People leaving work today will typically spend 20 years or more in retirement. That's a very long time to last without a regular salary. Watch the full documentary of Investing: The Evidence.

Sometimes referred to as smart, strategic, or alternative beater; factor investing is based on the multi-factor model developed by two American academics: Eugene Fama and Kenneth French.