Timestamps: 0:00 Intro 11:49 Cameron's Recommendations 20:10 News Stories of the Week 24:59 The Evolution of Modern Portfolio Theory 1:10:16 Discussion w/ Larry Swedroe

This may be the single greatest episode of the series (the other one coming close being episode 100 with Ken French). Thank you very much for the time and effort you put into it. More MPT FTW!

"In fact I'm reading right now on my second monitor during the pauses in our conversation." - Larry Swedroe

Hello from Romania! Thank you RR for a great episode, thank you Larry Swedroe for your contributions for retail investors!

Ben be looking like a young Harry Markowitz in this episode.

You know it's going to be a good episode when Larry Swedroe is on

@muffemod

2 жыл бұрын

Wiggum

I think the theory makes a lot of practical sense. If you talk to the average investor there's a ton of personal preference for a example hedging against a currency collapse (pretty irrational, but it's there. Especially if you ask Bitcoiners) avoiding brown, investing heavily into ESG and so on.

Mostly here for repetition but I certainly learned some things today. Thank you!

thanks for all the great content, helped me a lot with investment decisions. God bless both of you!

Interesting video! It would be interesting to have someone talking about Risk Parity

Awesome as always. Thanks alot!!!

hi guys I started reading Car Leasing Done Right. Invaluable ressource !!

This is as good as it gets! BR from Portugal!

I eagerly await the Leasing vs Buying vidoe from Ben!

Atlas Shrugged by Ayn Rand is my favorite book!

1:03:40 loool :D Ben's reaction made me laugh

Larry mentions that he recently recommended a "risk parity" book. Do you know what book he is referring to?

imagine an suncream company and an umbrella company. both return 10 percent per year with opposite correlation to each other. they make up the whole stock market. you buy the whole market to reduce the risk or portfolio variation. the asset prices are based on the lower combined risk/variance of holding both companies so anybody buying individual stocks pays too much as the individual risk is higher.

@rationalreminder

2 жыл бұрын

Unless you have an information advantage which is what most people buying individual stocks think they have.

@roberts8783

2 жыл бұрын

@@rationalreminder indeed! unless you have the weather forecast

@markhebner1188

2 жыл бұрын

You need to source Burt on this idea of sunscreen and umbrellas.

are the market portfolios, mean-variance and multi-factor efficient, mutually exclusive and conditional upon an investor's risk aversion? that is what I am understanding, if I am understanding it correctly.

I think you missed the link to car leasing done right

Where can we find Larry's recommendations list?

@cameronpassmore1561

2 жыл бұрын

twitter.com/larryswedroe/status/1472569662512771077?s=21&t=7HuLT8DShctXF33NCloQww

Modernism in literature is 1910 or something? Modern jazz is 1940. For situations like these, the word contemporary is useful to differentiate between the concept of modernism (might be old) and contemporary (present day).

1:23:56 "The most important book is Atlas Shrugged..." - Amen!

@n00dle_king

3 күн бұрын

Thank goodness he said this. Made it dead easy to disregard his recommendations.

I"m not from America. Is head shaving a Canadian ritual?

Hi Ben I know you’ve talked about the irrelevance of dividends before but does that change when it comes to dividend reinvestment plans? Does automatically growing your position beat capital appreciation?

@robertwright8844

2 жыл бұрын

Dividend reinvestment is a long-standing feature and it doesn't change the irrelevance of dividends. Dividends are just a decision by the company to distribute earnings to shareholders instead of reinvesting in the company, usually because the company is relatively mature. The main way in which dividends are _not_ irrelevant for the investor is the increase in taxes.

I'd say this was a little too thick for a podcast. More like an evening with some graphs and equations. But maybe there is someone who can understand you on the go.