Featured entries from our Journal

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

Tag: 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.

Most of us were first introduced to Chip Gaines on “Fixer Upper,” the blockbuster renovation show where he serves as the genius contractor, adoring husband, and comic relief. In this episode of “50 Fires” Carl’s questioning reveals a different side of Chip–entrepreneurial, spiritual, philosophical, and reflective.
Carl and Chip discuss Chip’s unconventional attitude toward risk, using money as a tool for impact versus a measurement of success, the challenges of raising children in the Instagram era, and Chip’s wife Joanna even makes a surprise cameo.
Click the video below for a sneak peek of an honest conversation about money and meaning with Chip Gaines on this week’s episode of 50 Fires, or click here for the full episode on Apple Podcasts.

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.

Featured entries from our Journal

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

Hill Investment Group