The Biggest Risk in Investing? It's You! | The Informed Investor 37

Episode 37: What's the biggest risk in investing?

Longtime financial advisor Cameron Passmore says it's not AI or geopolitical turmoil, and it's not oil prices or inflation.

It's you!

Passmore, one of the original hosts of the popular Rational Reminder podcast, believes bad behavior by investors causes big trouble.

Especially when stress rises due to turmoil in the market or around the globe.

Passmore is the CEO of an investment advisory firm based in Canada. On the podcast, he has interviewed Nobel laureates, explored complex investment strategies, analyzed stock market history, and pondered simple but profound questions like, do you need a financial advisor?

If you're itching to sell as soon as the stock market takes a tumble, he thinks your behavior is a potential problem.

If you're eager to pick the next big winner, ditto.

Compare those strategies to the simple concept of "buy, hold, and rebalance." Sounds boring. But if you can't stick to that approach, Passmore says, you may have difficulty reaching your goals.

In Episode 37 of The Informed Investor podcast, Dimensional's Mark Gochnour, Head of Global Client Services, speaks with Passmore about his biggest takeaways from the Rational Reminder podcast and the homespun advice that every investor needs to hear.

LINKS FROM TODAY'S EPISODE:

The Informed Investor: Feedback Survey

https://www.dimensional.com/us-en/informed-investor-survey

"The Informed Investor" on YouTube https://www.youtube.com/playlist?list=PLCyJr6FFig-h1mA7rVP7Mbk0irFw2wA90

Dimensional Fund Advisors Shorts on YouTube https://www.youtube.com/@dimensionalfundadvisors/shorts

Mark Gochnour on LinkedIn https://www.linkedin.com/in/mark-gochnour-9a23598a/

Cameron Passmore on LinkedIn https://www.linkedin.com/in/cameronpassmore/?originalSubdomain=ca

Ben Felix on LinkedIn https://www.linkedin.com/in/benjaminwfelix/?originalSubdomain=ca

Learn more at https://www.dimensional.com/