Victor Haghani and James White are co-authors of "The Missing Billionaires, A Guide to Better Financial Decisions." Victor is also the founder and CIO of Elm Wealth and David is the CEO, where they implement these concepts for their clients. This fascinating book discusses investment decision-making and risk-sizing and how to make better financial decisions with your wealth. Markets have behaved very well for 100 years, resulting in real profits for investors. However, few rich families from the...
Nov 24, 2023•56 min•Ep. 64
Dr. William (Bill) Bernstein is a retired neurologist, author, investment adviser , and financial historian. His research is in the field of modern portfolio theory and economic history. Bill has published extensively on investing and economic history, including eight books and numerous articles. He holds a Ph.D. and an M.D. Bill is a repeat guest, first appearing in Episode 13 . In this episode, we discuss Treasury Inflation Protected Securities (TIPS), asset allocation in today's uncertain wor...
Oct 29, 2023•46 min•Ep. 63
Steven Chen is the founder of NewRetirement, a do-it-yourself tool for retirement planning. Prior to founding NewRetirement, Stephen founded venture-backed companies in education and financial services, and worked with organizations including Charles Schwab, Dimensional Fund Advisors, and Fidelity. This episode of the podcast is hosted by Jon Luskin, CFP® , a long-time Boglehead and financial planner. The Bogleheads are a group of like-minded individual investors who follow the general investmen...
Sep 25, 2023•41 min•Ep. 62
Cody Garrett is an advice-only financial planner passionate about helping families refine their path to financial independence (FI) as DIY investors. Cody specializes in comprehensive financial plan development, topic research, and personalized financial education. This episode of the podcast is hosted by Jon Luskin, CFP® , a long-time Boglehead and financial planner. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. ...
Aug 28, 2023•1 hr 3 min•Ep. 61
Jonathan Clements is the founder and editor of HumbleDollar. He’s also the author of a fistful of personal finance books, including My Money Journey and How to Think About Money, and he sits on the advisory board of Creative Planning, one of the country’s largest independent financial advisors. Jonathan spent almost 20 years at The Wall Street Journal, where he was the newspaper’s personal finance columnist. Between October 1994 and April 2008, he wrote 1,009 columns for the Journal and for The ...
Jul 24, 2023•50 min•Ep. 60
William F. Sharpe is the STANCO 25 Professor of Finance, Emeritus at Stanford University's Graduate School of Business. He was one of the originators of the Capital Asset Pricing Model, developed the Sharpe Ratio for investment performance analysis, and has published articles in a number of professional journals. In 1990, he received the Nobel Prize in Economic Sciences. This episode of the podcast is hosted by Jon Luskin, CFP® , a long-time Boglehead and financial planner. The Bogleheads are a ...
Jun 26, 2023•46 min•Ep. 59
Mike is the author of the popular blog “Oblivious Investor” at ObliviousInvestor.com and the creator of the free Open Social Security calculator at OpenSocialSecurity.com. He is also the author of several books on taxes, investing, and Social Security, and now a new book, More than Enough: A Brief Guide to the Questions That Arise After Realizing You Have More Than You Need . This episode of the podcast is hosted by Jon Luskin, CFP® , a long-time Boglehead and financial planner. The Bogleheads a...
May 29, 2023•37 min•Ep. 58
Dr. Derek Horstmeyer is a Professor of Finance at George Mason University's School of Business where he publishes regularly on investment topics, ETF & mutual fund performance, and corporate finance. He writes a monthly column for the Wall Street Journal along with his students and writes frequently for the CFA Institute. he has also been published in the Quarterly Journal of Finance, Managerial Finance, and several other mainstream business publications. Dr. Horstmeyer is very active at GMU...
Apr 27, 2023•53 min•Ep. 57
Dr. Daniel Crosby is a psychologist and behavioral finance expert who helps organizations and individuals understand the intersection of mind and markets. Educated at Brigham Young and Emory Universities, Dr. Crosby is an international speaker and author who has won many awards for his work. His first book, Personal Benchmark: Integrating Behavioral Finance and Investment Management , was a New York Times bestseller. His second book, The Laws of Wealth , was named the best investment book of 201...
Mar 27, 2023•57 min•Ep. 56
Edward Chancellor is a financial historian, journalist, and investment strategist. Ed graduated with first-class honors from Trinity College, Cambridge, and later from Oxford University. He worked for the London merchant bank, Lazard Brothers, and was later an editor at the financial commentary site, Breakingviews of Reuters. Ed was also a senior member of the asset allocation team at GMO, the Boston-based investment firm. In 2022, Fortune called Ed "one of the greatest financial historians aliv...
Mar 03, 2023•57 min•Ep. 55
Christine Benz , CFP®, is Morningstar's Director of Personal Finance and the co-host of The Long View Podcast. We discuss 2022 taxes and how SECURE Act 2.0 will affect 2023 taxes and beyond. We also dive into a safe withdrawal rate during retirement and discuss how changing market valuations, inflation expectations, and the "spending smile" during retirement that affects the amount you can reasonably withdraw. This podcast is hosted by Rick Ferri, CFA , a long-time Boglehead and investment advis...
Jan 29, 2023•58 min•Ep. 54
Join me for this delightful discussion with James L Collins . JL is a popular personal finance blogger, a leader in the FIRE movement (Financial Independence -Retire Early), and the author of The Simple Path to Wealth . The book has sold over 500,000 copies and is published in multiple languages. His second book, How I Lost Money in Real Estate Before it was Fashionable , highlights his experience as a landlord and provides a cautionary tale for people considering direct rental property as an in...
Dec 27, 2022•56 min•Ep. 53
Proper estate planning is one of the most important elements of a complete financial plan and often the most overlooked. Roughly half of my new clients either have no estate plan or an incomplete plan or an outdated plan. My two guests to discuss the issues are Ryan Barrett , a member of both the State Bar of California and Utah State Bar, and Mike Piper, CPA . Ryan is an estate planning attorney who began his legal career in southern California ten years ago after obtaining a Juris Doctor as we...
Nov 29, 2022•58 min•Ep. 52
This episode is focused on international stock market index funds and ETFs. My two guests are Christine Franquin, a principal and senior portfolio manager in the Vanguard Equity Index Group, and Michael Perre, also a principal in the Vanguard Equity Index Group. Christine manages several equity and balanced funds, including funds for U.S. and international investors as well as indexed separate accounts, and Michael oversees the portfolio management of Vanguard’s internally managed equity index f...
Oct 27, 2022•53 min•Ep. 51
Craig Lazzara, CFA, is a Managing Director in the Core Product Management group at S&P Dow Jones Indices (S&P DJI). His responsibilities focus on providing thought leadership and educational outreach. Our discussion focuses on two S&P DJI reports. SPIVA research measures actively managed funds against their relevant index benchmarks worldwide, and the Persistence Scorecard focuses on whether manager outperformance should be attributed to luck or skill. Craig holds a Chartered Financi...
Sep 27, 2022•56 min•Ep. 50
Antti Ilmanen , Ph.D., is a Principal and Global Co-head of the Portfolio Solutions Group at AQR Capital. Antti spent seven years as a senior portfolio manager at Brevan Howard and a decade at Salomon Brothers/Citigroup. He began his career as a central bank portfolio manager in Finland. Antti has published extensively in finance and investment journals and has received a Graham and Dodd award, the Harry M. Markowitz special distinction award, and multiple Bernstein Fabozzi/Jacobs Levy awards fo...
Aug 25, 2022•58 min•Ep. 49
Rob Berger is an investment technology guru. A litigation attorney in a previous life, Rob started Doughroller.net in 2007, an online community for people to improve their finances and build wealth. The site received tens of millions of visitors. Rob sold the website in 2018, became a Forbes Deputy Editor, published a book , Retire Before Mom and Dad, and now runs the Financial Freedom Show (YouTube), RobBerger.com , and Allcards.com , a website about credit cards and banking. This podcast is ho...
Jul 26, 2022•53 min•Ep. 48
Episode #47 features two guests who discuss the evolution in the investment adviser industry over the decades and the conflicts of interest that have occurred. Michael Kitces is the head of planning strategy at Buckingham Wealth Partners, co-founder of the XY Planning Network, among other companies, the host of the Financial Advisor Success podcast and the publisher of the Kitces Report newsletter, and the Nerd's Eye View blog at kitces.com. Dr. Nicole Boyson is the chair of the Finance Dept at ...
Jun 30, 2022•1 hr•Ep. 47
Episode #46 features two guests who discuss Environmental, Social, and Governance (ESG) investing. The first guest is Larry Swedroe , Chief Research Officer of Buckingham Strategic Wealth and the co-author of a new book titled Sustainable Investing with Samuel Adams. The second guest is Dr. Ellen Quigley , Special Advisor to the Chief Financial Officer at the University of Cambridge and a Senior Research Associate in Climate Risk and Sustainable Finance at the Centre for the Study of Existential...
May 30, 2022•59 min•Ep. 46
This episode features two guests who discuss total bond market investing. The first guest is Nick Gendron, Global Head of Fixed Income Index Product Management at Bloomberg. This is where the index originates. The second guest is Josh Barrickman, Principal, Senior Portfolio Manager, and Head of Fixed Income Indexing Americas. He and his team manage Vanguard bond index fund portfolios invested in U.S. and international markets. This podcast is hosted by Rick Ferri, CFA , a long-time Boglehead and...
Apr 28, 2022•57 min•Ep. 45
Eric Balchunas is the Senior ETF Analyst at Bloomberg. He writes research reports, articles, and feature stories about ETFs for the Bloomberg terminal and Bloomberg.com. In this episode, we discuss his new book is The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions . This podcast is hosted by Rick Ferri, CFA , a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general in...
Mar 29, 2022•59 min•Ep. 44
Eduardo Repetto, Ph.D. , is the Chief Investment Officer (CIO) of Avantis Investors, where he is responsible for directing the research, design, and implementation of investment strategies for over $10 billion in factor-based ETFs and mutual funds. Prior to Avantis Investors' establishment in 2019, Eduardo was Co-Chief Executive Officer, Co-Chief Investment Officer, and Director at Dimensional Fund Advisors (DFA funds). In this podcast, we discuss Eduardo’s career, his successes at DFA and now a...
Feb 28, 2022•59 min•Ep. 43
Spencer Jakab is the Editor of the "Heard on the Street" column for the Wall Street Journal and the author of two books. His new book is " The Revolution That Wasn't: GameStop, Reddit and the Fleecing of Small Investors ," which is the topic of our conversation. Previously he wrote "Ahead of the Tape" published in 2015. Prior to joining the WSJ, Spencer was an analyst and later a director of emerging markets equity research at Credit Suisse. Back in 2020, when millions of mostly young people ope...
Jan 27, 2022•58 min•Ep. 42
James (Jim) Watkins, III, J.D., CFP, is an attorney and adviser specializing in fiduciary best practices. He has extensive experience in the areas of securities law, trust law, forensic investment analysis, financial planning, asset protection, wealth management, estate planning, and pension design. He is the author of The 401(k)/403(b) Investment Manual and publishes two blogs. “CommonSense InvestSense” ( investsense.com ) for individual investors and fiduciaries, and “The Prudent Investment Fi...
Dec 31, 2021•53 min•Ep. 41
Dr. Ed Yardeni is the President of Yardeni Research, Inc ., a provider of global investment strategies and asset-allocation analyses and recommendations for institutional investors. In this podcast, we discuss his new book, In Praise of Profits, review economic activity from 2021, and look ahead to 2022. Dr. Yardeni earned his PhD in economics from Yale University in 1976, a master’s degree in international relations from Yale, and completed his undergraduate studies magna cum laude at Cornell U...
Dec 02, 2021•54 min•Ep. 40
Barry Ritholtz is an author, blogger, podcast host, and the Founder and CIO of Ritholtz Wealth Management LLC. He has been called the “blogfather” for his long-standing finance weblog, The Big Picture . Barry is also the creator and host of Masters in Business , the most popular podcast/show on Bloomberg Radio. These 60-90 minute conversations are with many of the most accomplished, fascinating people in business and finance. Our discussion today focuses on Barry and his views on various investm...
Nov 07, 2021•1 hr 1 min•Ep. 39
Ted Aronson of AJO Partners joins me for a candid discussion about Vanguard's plans to bring private equity to the masses and their addition of actively managed funds to their Personal Advisor Services (PAS) program. We begin with a tribute to David Swenson, the late OIC of Yale Endowment and the founder of the Yale Model , commonly known in the investing world as the Endowment Model. David was outspoken about why individual investors should avoid private equity, and how difficult it is to pick ...
Sep 28, 2021•52 min•Ep. 38
Gerry O'Reilly is the manager of the $1.3 trillion Vanguard Total Stock Market Index Fund and ETF, and Rich Powers is the Head of ETF and Index Product Management at Vanguard. In this fascinating interview, we go behind the scenes to learn how the largest mutual fund in the world operates. Our discussion covers trading the mammoth fund - including tricky microcap stocks, fund fees and expenses, security lending, proxy voting, tax efficiency, cash management, in-kind additions and distributions, ...
Sep 02, 2021•57 min•Ep. 37
Lisa Bragança , JD, MBA, is a former Branch Chief in the Division of Enforcement of the Chicago Office of the Securities & Exchange Commission. She handled investigations of accounting fraud, Ponzi schemes, insider trading, churning, and unsuitable investments. Today, Lisa is now in private practice at Bragança Law. Throughout her career, Lisa has been an advocate for the rights of people with physical, cognitive, and psychiatric disabilities. She previously served as counsel in three statew...
Jul 24, 2021•59 min•Ep. 36
Ron Lieber is an award-winning New York Times “Your Money” columnist and the author of a new book, “The Price You Pay for College: An Entirely New Roadmap for the Biggest Financial Decision Your Family Will Ever Make.” Ron is also the author of “The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money” and co-author of “Taking Time Off: Inspiring Stories of Students Who Enjoyed Successful Breaks from College and How You Can Plan Your Own.” Before joining The Times ...
Jun 26, 2021•55 min•Ep. 35
