The Long Term Investor

In this episode, I'm joined by Marlena Lee from Dimensional Fund Advisors for a deep dive into evaluating investment fads and how to build better portfolios. We also explore the importance of global diversification and why certain investments may not belong in your long-term strategy. Listen now and learn: A framework for evaluating whether an investment fad deserves a place in your portfolio. The truth about private investments and why gold or crypto might not be the hedges you think they are. Why past performance and company size don't always indicate future returns. Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. [0:40] Eugene Fama's Contributions to Finance [6:39] Evaluating Investment Fads [11:10] Scarcity, Growth Stocks, and Extrapolating Returns [14:13] The Importance of Global Diversification [29:46] Gold and Cryptocurrencies as Investments [36:36] Hedge Funds and Private Investments

Things can get complicated quickly in the world of personal finance. From investing and budgeting to estate planning and insurance, there are multiple ways to accomplish what you need to get done. In today's episode, you'll hear an interview I did on "The Struggle Is Real" podcast. This interview dives into how to simplify investing and budgeting in a way that feels more approachable. Listen now and learn: What matters whenever it comes to successfully investing My straightforward investment strategy The most important factor in investing How to simplify spending by reverse budgeting How to enjoy your money as it grows Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

In this episode, we tackle one of the biggest challenges investors face: making smart, strategic decisions in an unpredictable market. Drawing inspiration from the game of chess, my guest Rubin Miller will explain how to think several steps ahead when it comes to your portfolio, outmaneuver market uncertainty, and avoid costly mistakes. We also discuss the role of "luck" in investing and how good decisions do not always lead to good outcomes. With his chess expertise and role as Chief Investment Officer, Rubin has a knack for explaining tricky investment concepts so investors can feel confident in the decisions being made for them. Listen now and learn: The similarities and differences in decision making with chess and investing Why understanding the role of skill and luck is critical for long-term investing success How tools like options and diversification can help you manage risk and build a resilient portfolio Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. [0:54] Chess, Investing, and the Art of Navigating Uncertainty [09:17] The Role of Skill and Luck in Investing [11:49] The Japanese Mochi Company: Focusing on What You Do Best [17:02] Certainty vs. Uncertainty: Building a Thoughtful Portfolio [24:02] The Challenges of Portfolio Construction [29:04] The Role of Options in Risk Management

When a CD matures, you have several options: renewing the CD, moving the funds to a high-yield savings account, or exploring higher-risk, higher-reward investments. Each choice comes with its own set of benefits and drawbacks. Listen now and learn: Strategies for maximizing your earnings Whether you should renew your CD or move to a high-yield savings account When to move your cash to higher-risk, higher reward investments Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Wes Gray, founder of Alpha Architect, joins the show to explore the evolution from traditional stock picking to data-driven quantitative investing. Listen now and learn: Why even a perfect stock-picking strategy can still fail during market downturns The power of factor investing and how it systematically enhances portfolio returns A critical perspective on investing in emerging markets and private equity Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. [0:30] From Stock Picker to Quant: Wes Gray's Investing Journey [8:39] The Efficient Market Hypothesis and the Reality of Active Investing [12:29] Factor Investing Explained [19:31] Why Value Investing Has Struggled [29:54] The Role of Momentum in a Portfolio [33:36] A Critical Look at Emerging Markets and Private Equity

In the realm of investing, nothing is more seductive than picking a winning stock. Unfortunately, investing in individual stocks is incredibly risky. But here's the good news: picking winning stocks isn't necessary. Listen now and learn: A history of individual stock returns How professional investors perform The best way to own winning stocks Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Taylor Schulte joins the show for a dive deep into the world of dividend investing. Tune in as we debunk common myths and provide a clear framework for building a successful investment portfolio. Listen now and learn: The drawbacks of chasing high-yield investments and how to build a balanced portfolio How dividend-focused funds perform relative to the market Tax implications of dividends vs stock buybacks Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. [0:30] Introduction to Dividend Investing and Common Misconceptions [4:45] Building a Portfolio: Yield Focus vs. Total Return Approach [12:30] Performance of Dividend Strategies [17:30] Understanding Buybacks and Tax Implications [22:15] Retirement Income Strategies and Aligning Investments with Goals

With the S&P 500 rapidly declining over the past two weeks, what should investors be doing? Listen now and learn: How often the stock market falls What triggered the most recent stock market decline Timeless wisdom for periods of stock market losses Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Phil Huber, Chief Investment Officer and author of 'The Allocator’s Edge,' dives deep into the world of alternative investments. He discusses why traditional portfolio strategies may struggle in today’s market. Huber highlights the explosive growth of private credit and its significance for investors. He also sheds light on interval funds, showcasing their advantages over traditional structures. This conversation is packed with insights for both financial practitioners and individual investors looking to navigate the changing landscape of investments.

In this episode, we're dissecting a strategy that many believe is a must-do for every investor: Tax-Loss Harvesting (TLH). But what if I told you that this widely recommended tactic might not be beneficial for everyone? Listen now and learn: The three components necessary to derive value from tax loss harvesting Reasonable expectations of value from tax loss harvesting Actions you can take to maximize the potential benefits of tax loss harvesting Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.