Details Are Part of Our Difference
Embracing the Evidence at Anheuser-Busch – Mid 1980s
529 Best Practices
David Booth on How to Choose an Advisor
The One Minute Audio Clip You Need to Hear
Category: Podcast
Money As a Tool for Impact with Chip Gaines
If you’re a long-time reader of our content, you recognize the name Carl Richards. Carl is the former New York Times writer and artist known as the “sketch guy.” He’s also an author and hosts two podcasts (plus a great friend). What’s the common thread in all his content: money and meaning. Carl lives and works at that intersection. His latest podcast, called 50 Fires, is intended to explore this connection with various successful and thoughtful friends. Here’s a fun place to start if you’re interested in thinking more deeply about what money means to you and your family.
The Power of Staying Put
It’s no secret we love Morgan Housel. We reference him time and time again because everything he says is spot on. If you don’t know, he has a new podcast and we’re enjoying hearing Morgan every bit as much as we love reading him. In the episode “The Power of Staying Put,” Morgan says, “There are so many times in life where what you do is less important than how long you’ve been doing it for.” It sounds a lot like taking the long view.
Legend in Investing – Charles Ellis
Do you want to see and hear an investment legend interviewed by two of the nicest and smartest advisors I know? Tune into this episode of the Rational Reminder podcast with guest Charles Ellis, famous author, investing authority, and a top-notch communicator.
Cameron Passmore cohosts the Rational Reminder and is someone I consider a friend. He and his talented partner, Ben Felix, run one of the best podcasts related to investing. If you like this episode I suggest subscribing to their channel.
Here’s the rundown of what’s covered:
0:00 Intro
4:18 Charley defines a “Loser’s Game”
8:21 Why money management is a loser’s game
11:38 How the market has changed since writing about the loser’s game
19:09 Whether or not the sentiment toward active management is negative
22:03 Types of investor who should not invest in low-cost index funds
30:27 What investors and their advisors should be focused on
37:25 The importance of a well-defined investment policy statement
39:01 What investors can do to protect themselves from themselves
40:43 The most under-appreciated action investors can take to be more successful
50:16 Charley’s opinion on Vanguard’s entry into private equity
55:27 Where Charley sees the biggest future opportunities in the field of investment
1:00:15 What has made Vanguard successful as a company
1:08:14 What Charley has learned about personal motivation and productivity
1:12:04 Charley defines success in his life
1:14:12 Outtake
If you’d rather listen to the episode instead of watching on YouTube here is a link via Apple Podcasts.
