With many of the largest tech stocks falling over 20% year-to-date, is now the time to invest? Has the market changed to where tech investing is a safe bet?

Topics covered include:

What happened to NetflixWhat contributed to the astounding performance of large tech stocks since 2013How the largest contributors to overall stock market performance are always changingWhy the largest tech companies could fall even more from today's levelWhat are the valuations and sentiment toward large tech stocksWhat is complexity economics and how does it influence technologyHow younger investors and fractional trading have influenced the stock marketWhy stock splits are less effective today in driving up share prices

For more information on this episode click here.

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Show Notes

Netflix stock plunges as subscribers quit by Julianne Pepitone and Aaron Smith?CNN Money

Netflix Explores a Version With Ads as Subscriber Base Shrinks by Joe Flint and Denny Jacob?The Wall Street Journal

No, you did not see the Netflix mess coming by Robert Armstrong?Financial Times

FANMAG: Because FAANGs Are So Yesterday?Dimensional

Complexity and the Economy by W. Brian Arthur

Rising Risk of Stagflation by Chris Brightman?Research Affiliates

"Fractional Trading" by Zhi Da, Vivian W. Fang, and Wenwei Lin

"Attention Induced Trading and Returns: Evidence from Robinhood Users" by Brad M. Barber, Xing Huang, Terrance Odean, and Christopher Schwarz

Retail Raw: Wisdom of the Robinhood Crowd and the COVID Crisis by Ivo Welch (NBER Working Paper No. 27866. September 2020, Revised October 2020)?National Bureau of Economic Research

Related Episodes

261: Is Value Investing Dead?

298: The Stock Market Is Not the Economy

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What causes secular bull and bear markets in commodities. What factors suggest a new commodities bull market has started and how can investors participate. What are the risks.

Topics include:

What is a bull and bear marketHow long have earlier commodity bull and bear markets lasted and what were the returnsWhat led to the current commodity bear market that began in 2011How shareholder revolts and ESG mandates have contributed to reduced investment in the commodities space, contributing to the rebound in commodity pricesWhy natural gas prices are so much higher in Europe than the U.S.How the shift to electric vehicles is driving the demand for commoditiesWhat are five ways to participate in a commodities bull market

For more information on this episode click here.

Sponsors

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Show Notes

Jeff Currie on the 'Volatility Trap' Keeping Commodity Prices So High - Odd Lots - Bloomberg

NGP Energy Capital

Research?Strategas Securities

The Energy Blame Game and Other False Narratives?Energy Income Partners

Related Episodes

296: Why Negative Prices Exist and What Can They Teach Us

340: Climate Change, ESG, and What Should Investors Do?

351: How to Profit From Carbon Investing While Combatting Climate Change

382: Is A Famine Next? Food Inflation, Food Riots, and Investing in Commodities and Other Real Things

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How contrarians combine value and momentum to take positions opposite what the consensus believes. What is the consensus view in today's financial markets and how are contrarians positioned.

Topics covered include:

Five attributes of successful investorsWhy does the consensus expect stagflationHow central banks have performed in previous tightening cyclesThree reasons central banks tightening results in a recessionWhen have interest rates peaked in prior tightening cyclesHow stocks tend to do well when investors get extremely pessimisticWhat are examples of contrarian investments in the current market environmentHow contrarian opportunities involve both value and momentumWhat are some additional examples of being contrarian outside of the investment arena

For more information on this episode click here.

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Show Notes

Weekly Market Pulse: Time To Get Contrarian? by Joseph Y. Calhoun III?Alhambra Investment

BofA Says Fund Managers Most Gloomy on Record on Recession Woes by Nikos Chrysoloras?Bloomberg

Hot Economy, Rising Inflation: The Fed Has Never Successfully Fixed a Problem Like This by Jon Hilsenrath and Nick Timiraos?The Wall Street Journal

Tightening risks recession but inaction would be worse by Neil Shearing?Capital Economics

Seeing What's Next: Using the Theories of Innovation to Predict Industry Change by Clayton M. Christensen, Scott D. Anthony, and Erik A. Roth

Related Episodes

261: Is Value Investing Dead?

266: Using Momentum Investing and Trend Following

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Why food costs are soaring and what we can do about it. Why inflation rates could start to drop. Why commodity futures, including agriculture futures, have been lousy inflation hedges, and what has worked better.

Topics covered include:

Previous investment recommendations by Money For the Rest of Us to combat inflationWhy commodity futures hedge against unexpected inflation but have underperformed inflation over the long-termA recommended ETF for investing in commodity futuresWhat is causing the jump in food prices and fertilizerWhy the risk of food shortages is increasing and what are remedies to solve itWhy agriculture price increases don't always lead to higher food costs at the storeWhy inflation rates could slow in the coming months

For more information on this episode click here.

Episode Sponsors

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Show Notes

Ukraine War Threatens to Cause a Global Food Crisis by Jack Nicas?The New York Times

Russia?s invasion of Ukraine is causing record-high food prices?The Economist

As sanctions bite Russia, fertilizer shortage imperils world food supply by Tom Polansek and Ana Mano?Reuters

All That?s Stopping a Full-Blown Food Crisis? Rice by Javier Blas?The Washington Post

Packaged-food firms are running out of room to raise prices?The Economist

Prospective Plantings, March 31, 2022?USDA

Related Episodes

232: Is It Time To Invest In Commodities?

309: Investments to Fight Financial Repression

312: What the Federal Reserve?s New Policies Mean For Your Finances

336: Own What Is Real

338: The National Debt, Inflation, and the U.S. Dollar?What Could Go Wrong?

342: Is Another Great Inflation Coming?

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We review the ten asset categories that trade on major stock exchanges, many of which are smaller niches in which individual investors have an edge over institutional investors.

How to invest in business development companies, a small segment of the markets that has returned 9% annualized with dividend yields of 8%.

Topics covered include:

How securities trading has changed and why are there so many trading platformsWhy do institutions still pay trading commissionsWhen did stock exchanges start and which are the largestWhat are direct and indirect investment vehiclesWhat are the ten asset types that trade on stock exchangesHow to invest in business development companies (BDCs)

For more information on this episode click here.

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Show Notes

New York Stock Exchange (NYSE)?Corporate Finance Institute

Off-Exchange Trading To Continue To Grow In US by Shanny Basar?Traders Magazine

How We Analyzed Wall Street Block Trades by Liz Hoffman, Corrie Driebusch, and Tom McGinty?The Wall Street Journal

U.S. Institutional Equity Trading Commissions Jump 25% to $8.9BN in 2021, According to Bloomberg Intelligence?Bloomberg

Largest stock exchange operators worldwide as of December 2021, by market capitalization of listed companies?Statista

Total Market Value of U.S. Stock Market?Siblis Research

ETFGI reports the ETFs industry in the United States ended 2021 with record high assets of US$7.21 trillion and record net inflows of US $919.78 billion?ETFGI

REIT Industry Financial Snapshot?Nareit

Mortgage REITs?Nareit

Closed-End Fund Assets and Net Issuance?Investment Company Institute

Investor Bulletin: American Depositary Receipts?U.S. Securities and Exchange Commission

What is an ADR??Stock Market MBA

Direct Lenders in the U.S. Middle Market by Tetiana Davydiuk, Tatyana Marchuk, and Samuel Rosen

Business Development Companies (BDCs)?Levin Law

Related Episodes

318: What Are SPACs and Should You Invest in Them?

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Stories determine economic and financial outcomes, both our own and the world in aggregate. Here's how to craft and follow stories that will lead to better financial outcomes and greater happiness.

Topics covered include:

How financial narratives give us the confidence to take action in the face of uncertainty and potential lossHow the greater the stakes, the more we rely on anecdotal evidence rather than statisticsIs the world more stable and predictable or in a constant state of disorderHow stories determine what we buy and aspire to and how marketers try to influence those storiesHow stories of fear and greed influenced economic outcomes in the 1920s and 1930sHow more precise stories lead to greater confidence and potentially to manipulation.How to get off the hedonic treadmill in order to be happier

Thanks to OurCrowd and Policygenius for sponsoring the episode.

For more information on this episode click here.

Show Notes

Joseph Campbell & The Hero?s Journey by Tamlorn Chase?Odyssey Online

Panarchy: Understanding Transformations in Human and Natural Systems by Lance H. Gunderson

Horisaki Design & Handel

Optimizing SKU Selection for Promotional Display Space at Grocery Retailers by Pak Et al.

The Role of Sentiment in the Economy of the 1920s by Kabiri Et al.

Monetary Policy and the Management of Uncertainty: A Narrative Approach by Bank of England Publications Et al.

Impressed by Numbers: The Extent to Which Novice Investors Favor Precise Numerical Information in a Context of Uncertainty by Batteux Et al.

When poignant stories outweigh cold hard facts: A meta-analysis of the anecdotal bias by Freling Et al.

Narrative Economics: How Stories Go Viral and Drive Major Economic Events by Robert J. Shiller

Walgreens replaced some fridge doors with screens. And some shoppers absolutely hate it by Nathaniel Meyersohn?CNN

Supermarket Facts?FMI

How To Want Less by Arthur C. Brooks?The Atlantic

Related Episodes

294: How Stories Go Viral and Drive Economic Events

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This week, we revisit a classic episode released five years ago. In a newly recorded introduction, David shares the background on the episode and why he chose to release it again in its newly edited form.

Topics covered include:

The availability heuristic and confirmation biasHow to deal with extreme events when most days are just like the day beforeHow chaos and unpredictability is used as a leadership strategyWhy do we need a point of view to guide our actions when investingHow to manage financially in a increasingly complex and risky world

Show Notes

Uncertainty ? Lawrence M. Krauss ? Edge

Regression To the Mean ? James J. O?Donnell ? Edge

Excerpts from Seth Klarman?s 2016 year end letter to his clients as quoted in the New York Times

Messy: The Power of Disorder To Transform Our Lives ? Tim Harford

Seth Godin Course on Presenting To Persuade

Ultra-Easy Money: Digging The Hole Deeper? ? William R. White

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How societies have functioned without leaders, including leaderless megacities that survived over 800 years.

Topics covered include:

Is geopolitics more like chess or pokerWhy analysts think Putin will soon agree to a settlement with UkraineDo most development occur from the top-down or bottom-upWhat are some examples of leaderless societies and organizationsHow social capital and enforcement mechanisms allow the world to function without leaders telling everyone what to doHow companies are struggling with the workplace of the future and the role of leadershipWhy do we need more leadership and fewer bosses

Thanks to Mint Mobile and Policygenius for sponsoring the episode.

For more information on this episode click here.

Show Notes

The Next 100 Years: A Forecast for the 21st Century by George Friedman

Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts by Annie Duke

Possible Outcomes of the Russo-Ukrainian War and China?s Choice?U.S.-China Perception Monitor

Why Is Leadership Important? by Eric Beato?Babson Thought & Action

Do We Need Leaders? by Jimmy Guterman_Harvard Business Review Home

3 Reasons Why We Need Leaders?Jonathan Sandling

If We?re All Talented People, Why Do We Still Need a Leader? by Angelina Phebus?Lifehack

Trust, Associational Life and Economic Performance by Stephen Knack

Is hybrid work the worst of both worlds??The Economist

The Dawn of Everything: A New History of Humanity by David Graeber, David Wengrow

Related Episodes

203: Is Investing More Like Poker or Chess?

280: Travel and the Trust Economy

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Will the world experience both inflation and subpar economic growth at the same time?

Topics covered include:

What is inflation and what causes itWhat have been the largest contributors to recent high inflationWhy does not everyone experience inflation in the same wayWhy inflation measures are subjectiveWhat are long-term deflationary forces faces the global economyWhat is stagflation and what causes itHow do we monitor stagflation to see if it is coming

Thanks to FarmTogether and LinkedIn for sponsoring the episode

For more information on this episode click here.

Show Notes

Consumer Price Index News Release February 10, 2022?U.S. Bureau of Labor Statistics

Alternate Inflation Charts?John Williams' Shadow Government Statistics

OPEC chief says there's 'no capacity in the world' that could replace Russia's 7 million barrels a day in oil supply-Adam Morgan McCarthy?Markets Insider

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What can we do to prepare if the Russian-Ukraine war gets even worse?

Topics covered include:

How risk and uncertainty differ as does how we manage themWhat we can learn from Ukraine and Russian citizens on dealing with uncertaintyWhat will be the financial impact of the sanctions against Russia and the ruble collapseWhy and how we should all prepare for potential cyberattacksWhy now is the time to make sure you have an appropriate asset allocationHow holding dollars, euros, or stablecoin can help protect against currency collapsesWhat we can do to help Ukraine

Thanks to Masterworks and Policygenius for sponsoring the episode

For more information on this episode click here.

Show Notes

JPMorgan Says Selling Stocks Now Carries Too Much Risk by Nikos Chrysoloras?Bloomberg

Ukraine conflict: Dread in Kyiv as huge Russian convoy advances by Lyse Doucet?BBC

Russia launches fierce rocket attack on Ukrainian city of Kharkiv by Guy Chazan, John Reed, Max Seddon, Henry Foy, John Paul Rathbone, and Demetri Sevastopulo?Financial Times

How new sanctions could cripple Russia?s economy?The Economist

Russian c.bank orders block on foreign clients' bids to sell Russian securities - document?Reuters

Ukraine invasion: Russians feel the pain of international sanctions by Anastasia Stognei and Simon Fraser?BBC

The dire predictions about a Russian cyber onslaught haven?t come true in Ukraine. At least not yet. by Joseph Menn and Craig Timberg?The Washington Post

Hackers Breached Colonial Pipeline Using Compromised Password by William Turton and Kartikay Mehrotra?Bloomberg

?Yes, He Would?: Fiona Hill on Putin and Nukes by Maura Reynolds?Politico

Related Episodes

229: Tail Events and Tail Risk

332: What Is Risk vs Uncertainty?

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How to decide the investing scale and timeframe that works best for your temperament.

Topics covered include:

How stocks perform in the days and weeks following catastrophic eventsWhat are some potential financial impacts of Russia's invasion into UkraineHow complex systems operate at different scales and timeframesWhat are examples of different scales and timeframes for investingHow tactical asset allocation strategies workWhy schema and rules of thumb develop and how do they get passed onHow to decide on which investment approach works best for you

Thanks to Mint Mobile and LinkedIn for sponsoring the episode.

For more information on this episode click here.

Show Notes

Nikkei 225 Index - 67 Year Historical Chart?Macrotrends

Panarchy: Understanding Transformations in Human and Natural Systems by Lance H. Gunderson (Editor)

Allocate Smartly

Protective Asset Allocation (PAA): A Simple Momentum-Based Alternative for Term Deposits by Wouter J. Keller and Jan Willem Keuning

Trying Not to Try: The Art and Science of Spontaneity by Edward Slingerland

Related Episodes

203: Is Investing More Like Poker or Chess?

266: Using Momentum Investing and Trend Following

374: Lifecycle Investing, Risk Parity Portfolios, and Why Stocks Are Riskier in the Long Run

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Key takeaways from one of the greatest personal finance novels of all time.

Topics covered include:

Why it is easier to keep doing the same old thingWhy partners should discuss their financesWhy debt can be suffocatingWhy leverage can be dangerousOne of the most satisfying ways to give away wealth

Thanks to OurCrowd and Policygenius for sponsoring the episode.

For more information on this episode click here.

Show Notes

Middlemarch by George Eliot

Middlemarch Book Summary?Stonory

Rebecca Mead/"'Middlemarch' and Me"?The New Yorker (Video)

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How lifecycle investing and risk parity portfolios can assist you in having sufficient assets to retire. What are the two types of time diversification and why is one flawed?

Topics covered include:

What is settled work and what are some examplesHow does lifecycle investing work and should you consider itWhy investing in stocks and other volatile asset classes is riskier over longer holding periodsWhat are risk-parity portfolios and how to evaluate them

Thanks to Masterworks for sponsoring the episode.

For more information on this episode click here.

Show Notes

The moral calculations of a billionaire by Eli Saslow?The Washington Post

Life-Cycle Investing and Leverage: Buying Stock on Margin Can Reduce Retirement Risk by Ian Ayres and Barry J. Nalebuff

Lifecycle Investing - Leveraging when young, Forum Discussion by Steve Reading on bogleheads.org

What Practitioners Need to Know? About Time Diversification (corrected March 2015) by Mark Kritzman?Financial Analysts Journal Volume 71, Number 1

Wishful Thinking About the Risk of Stocks in the Long Run: Consequences for Defined Contribution and Defined Benefit Retirement Plans by Zvi Bodie

Pension Obligation Bonds: Know Their Appeal and Pitfalls by Todd Tauzer?Segal

Shrinkage Estimation in Risk Parity Portfolios by Nabil Alkafri and Christoph Frey

Portfolio Charts

How to Invest in Closed-End Funds?Money For the Rest of Us

Related Episodes

How to Invest in Closed-End Funds

Why You Should Rebalance Your Portfolio

306: Three Approaches to Asset Allocation

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How stablecoins are similar and different from other monetary assets. What are stablecoin risks. Why central bank digital currencies are one of the biggest threats to stablecoins.

Topics covered include:

Why the Federal Reserve and other central banks are exploring issuing their own digital currenciesWhat is the difference between public and private moneyHow deposit insurance and central bank actions prevent runs on private moneyHow money market mutual funds are a type of stablecoinHow true stablecoins and algorithmic stablecoins differWhat is driving the demand for stablecoinsWhat are the risks of stablecoins

Thanks to LinkedIn and Policygenius for sponsoring the episode.

For more information on this episode click here.

Show Notes

Money and Payments: The U.S. Dollar in the Age of Digital Transformation January 2022?Board of Governors of the Federal Reserve System

Taming Wildcat Stablecoins by Gary B. Gorton and Jeffery Zhang

Money Stock Measures - H.6 Release?Board of Governors of the Federal Reserve System

Top Stablecoin Tokens by Market Capitalization?CoinMarketCap

Transparency?Tether

Report on Stable Coins, November 2021?Various US Agencies

Built to Fail: The Inherent Fragility of Algorithmic StablecoinsDr. Ryan Clements

The Quest for a Truly Decentralized Stablecoin by Brady Dale?Coin Desk

Cryptocurrency Doesn?t Amount to Much by Steve H. Hanke and Matt Sekerke?The Wall Street Journal

Related Episodes

319: Here Come Central Bank Digital Currencies

339: How To Make Money with BlockFi, Dai, and the Evolving DeFi Ecosystem

333: How The Covid Shock Nearly Destroyed The Financial System

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We explore four reasons to sell an asset with a focus on the Ark Innovation ETF, Bitcoin, and equity REITs. We also put the current stock market sell-off into historical perspective.

Topics covered include:

What are lousy reasons to sell an investmentWhat is a sell disciplineWhat are four good reasons to sell an investmentWhy and why not to invest in the Ark Innovation ETF (ARKK)Why growth stocks are getting crushed in the current market sell-offHow frequently does the stock market correct by more than 10%

Thanks to Mint Mobile for sponsoring the episode.

For more information on this episode click here.

Show Notes

Bitcoin Bounces Back After Falling Below $33,000 by Anna Hirtenstein?The Wall Street Journal

Selling Out, Memos From Howard Marks?Oaktree Capital Management

Here's Cathie Wood's advice to her fund's investors after a 58% sell-off in Ark's flagship ETF by Matthew Fox?Markets Insider

Related Episodes

291: How To Survive the Coronavirus (COVID-19) Shutdown

302: Investing is Not Knowing

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What are the pros and cons of the four approaches to managing retirement savings. How to implement a bucketing or time segmentation retirement investing approach.

Topics covered include:

Why it takes time to find a retirement pattern that fitsHow retirement investing is a balance between safety-first and probability-based as well as maintaining optionality and committing.How total return investing differs from a safety-first approachWhat are products allow for a risk floor but also provide some potential growthHow a time segmentation or bucket approach to retirement investing works

Thanks to Policygenius and Masterworks for sponsoring the episode.

For more information on this episode click here.

Show Notes

Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success (The Retirement Researcher Guide Series) by Wade Pfau

A Model Approach to Selecting a Personalized Retirement Income Strategy by Alejandro Murguia and Wade D. Pfau

The Four Approaches to Managing Retirement Income Risk by Wade D. Pfau

Build Ladders With iBonds® ETFs?iShares

Related Episodes

279: Why All Retirees Should Consider an Income Annuity

306: Three Approaches to Asset Allocation

326: The New Math of Retirement Spending and Investing

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Small and mid-cap stocks have underperformed large-cap stocks for over a decade. Is now the time to increase your allocation?

Topics covered include:

How big are small and mid-cap stocksHow have small and mid-cap stocks performed relative to large-cap stocksHow have active small and mid-cap managers performed relative to indexing optionsAre bigger IPOs contributing to small and mid-cap stocks underperformanceHow expensive or cheap are small-cap stocks relative to large-capWhat is the capital asset pricing model and how do academics use it to identify outperforming factorsHow value, momentum, and quality drive small-cap stock outperformanceHow to invest in small and mid-cap stocks

Thanks to Policygenius for sponsoring the episode.

For more information on this episode click here.

Show Notes

The Morningstar Active/Passive Barometer

Initial Public Offerings: Updated Statistics January 5, 2022, by Jay R. Ritter?Warrington College of Business, University of Florida

The Nexus of Anomalies-Stock Returns-Asset Pricing Models: The International Evidence by Rahul Roy and Shijin Santhakumar

The Cross-Section of Stock Returns before 1926 (And Beyond) by Guido Baltussen, Bart van Vliet, and Pim van Vliet

Factor Timing: Keep It Simple by Michael Aked?Research Affiliates

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We answer listener questions in our final episode of 2021.

Topics covered include:

Estimating financial market returns in the next thirty yearsInvesting in artWhether stocks will no longer existHow to start investingFidelity's new Bitcoin ETFHow mutual funds are pricedHow to teach family members about investingVolatility versus drawdownsHow to face the uncertainty of crashing stocks, rising interest rates, and numerous other economic and financial threatsDavid's four most recent investments he made in his personal portfolio

Thanks to Policygenius and OurCrowd for sponsoring the episode.

For more information on this episode click here.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What is Web 3.0 and how will it transform the world? How you can invest your time and money in decentralized autonomous organizations and other Web3 projects.

Topics covered include:

What are Web 1.0, Web 2.0, and Web 3.0 and how do they differWhat are decentralized autonomous organizations (DAOs)How DAOs operate and what are some examplesHow to register one's Web 3.0 user nameHow the Ethereum network, a major part of Web3, is changingHow to participate and invest in DAOs and other Web3 projects

Thanks to LinkedIn and Commonstock for sponsoring the episode.

For more information on this episode click here.

Show Notes

Decentralized autonomous organizations (DAOs)?Ethereum

State of the DAOs #0 | Oct 6th, 2021 by BanklessDAO Writers Guild?BanklessDAO

Decentralized Autonomous Organizations;The New Coordination Frontier by Calvinme?Medium

Organization Legos: The State of DAO Tooling by Nichanan Kesonpat?Medium

OpenOrgs.info

Snapshot

DeepDAO

ENS

Uniswap Protocol

Gas and Fees?Ethereum

Ultra Sound Money

Proof of Stake (PoS)?Ethereum

What Is the Metaverse, Exactly? by Eric Ravenscraft?Wired

Chris Dixon and Naval Ravikant ? The Wonders of Web3, How to Pick the Right Hill to Climb, Finding the Right Amount of Crypto Regulation, Friends with Benefits, and the Untapped Potential of NFTs (#542)?The Tim Ferris Show

Related Episodes

339: How To Make Money with BlockFi, Dai and the Evolving DeFi Ecosystem

NFTs?Money For the Rest of Us Topic Index

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How different asset classes and investment strategies have performed during periods of unexpectedly high inflation. While trend and momentum strategies have performed the best, what are some of the challenges with implementing those strategies.

Topics covered include:

What has led to today's high inflation environment and why it is uniqueHow current demographic and technology trends are disinflationaryHow many inflationary regimes have there been in the pastHow stocks, residential housing, commodities, collectibles performed during high inflation environments.How trend following and momentum have been the best performing strategy during high inflation environments.Which trend following and momentum approaches have worked best for individual investors.How managed futures strategies work

Thanks to OurCrowd and Egnyte for sponsoring the episode. Here is more information on Money For the Rest of Us Plus.

For more information on this episode click here.

Show Notes

US Budget Deficit Hits $2.77 Trillion in 2021, 2nd Highest by Associated Press?U.S. News & World Report

India says nationwide birthrates drop below key ?replacement rate? by Gerry Shih?The Washington Post

The Best Strategies for Inflationary Times by Henry Neville Et al.

Trend Following: Equity and Bond Crisis Alpha by Carl Hamill, Sandy Rattray, and Otto Van Hemert

AQR hedge fund suffers $10bn in outflows by Laurence Fletcher?Financial Times

Is There a Replication Crisis in Finance? Theis Ingerslev Jensen, Bryan T. Kelly, and Lasse Heje Pedersen

Related Episodes

266: Using Momentum Investing and Trend Following

342: Is Another Great Inflation Coming?

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With oil, natural gas, coal, and gasoline at the highest prices in eight years, we consider if there is an energy crisis due to an over-reliance on renewable energy sources.

Topics covered include:

How high have prices risen for oil, gasoline, natural gas, and coalWhy rising energy prices is a multifaceted problem as illustrated by coalHow the global energy mix has changed for power productionWhy investment capital is flowing to renewable energy projects rather than fossil fuel projectsWhy a clean energy transition leads to more volatile fossil fuel pricesHow higher oil prices lead to greater adoption of electric vehiclesHow renewable energy combined with battery technology will create lead to energy on-demand solutions

Thanks to Egnyte and Policygenius for sponsoring the episode.

For more information on this episode click here.

Show Notes

US coal prices jump to highest level since 2009 by Myles McCormick?Financial Times

China?s Energy Crisis Complicates Its Plans for Climate Announcements Ahead of COP26 by Sha Hua and Keith Zhai?The Wall Street Journal

China?s Coal War With Australia Fuels Shortage at Home by Chuin-Wei Yap?The Wall Street Journal

China?s Coal Shortage Threatens Farmers in India and Truckers in South Korea by Jiyoung Sohn in Seoul and Vibhuti Agarwal?The Wall Street Journal

The Gregor Letter

President Jimmy Carter - Report to the Nation on Energy (Video)

Share of renewables, low-carbon sources and fossil fuels in power generation, World 1990-2019?IEA

Oil 2021: Analysis and forecast to 2026?IEA

Coal?IEA

Statement on recent developments in natural gas and electricity markets?IEA

Renewable energy firms warn of difficult conditions amid slow winds by Jasper Jolly?The Guardian

Global EV sales rise 80% in 2021, as automakers including Ford, GM commit to zero emissions: BNEF by Robert Walton?Utility Dive

Everyday Driver

In 1900, Ladies? Home Journal Publishes 28 Predictions for the Year 2000 by Josh Jones?Open Culture

Here?s what?s in the infrastructure bill that Biden signed today By Emily Cochrane, Christopher Flavelle, and Alan Rappeport?The New York Times

Battery Storage in the United States: An Update on Market Trends?U.S. Energy Information Administration

Metals may become the new oil in net-zero emissions scenario by Lukas Boer, Andrea Pescatori, Martin Stuermer, Nico Valckx?Vox EU, CERP

Related Episodes

346: Should You Buy an Electric Car or Truck?

What You Need to Know About Carbon Investing and its Effect on Climate Change

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What conditions need to be in place for an asset bubble to continue and how that applies to stocks, cryptocurrency, and houses.

Topics covered include:

How to determine if there is an asset bubbleWhat are microbubbles and anti-bubblesHow the cannabis stock bubble burstWhat is required to sustain an asset bubbleHow the current runup in home prices differs from the housing bubble in the mid-2000sWhat structural changes have led to the high valuations for U.S. stocksWhat is the Great Wealth Transfer and will it impact stock prices

Thanks to Commonstock and LinkedIn for sponsoring the episode.

For more information on this episode click here.

Show Notes

All-Transactions House Price Index for Oakland-Berkeley-Livermore, CA (MSAD)?Federal Reserve Bank of St. Louis

S&P/Case-Shiller CA-San Francisco Home Price Index?Federal Reserve Bank of St. Louis

What Pops Stock Market Bubbles? Only Surprises, Rob Arnott Says by Vildana Hajric and Michael P. Regan?Bloomberg

Yes. It's a Bubble. So What? by Rob Arnott, Bradford Cornell, and Shane Shepherd?Research Affiliates

Bubble, Bubble, Toil and Trouble by Rob Arnott, Bradford Cornell, and Shane Shepherd?Research Affiliates

What's really going on with San Francisco Walgreens closures? by Eric Ting?SFGATE

SF ranks high in property crime while it ranks low in arrests by Phil Matier?San Fransisco Chronicle

Zillow?s Algorithm-Fueled Buying Spree Doomed Its Home-Flipping Experiment by Patrick Clark?Bloomberg

In Search of the Origins of Financial Fluctuations: The Inelastic Markets Hypothesis ? Xavier Gabaix and Ralph S.J. Koijen

The Great Wealth Transfer?Cerulli Associates

How Does Intergenerational Wealth Transmission Affect Wealth Concentration? by Laura Feiveson and John Sabelhaus?Board of Governors of the Federal Reserve System

Related Episodes

226: How To Spot Asset Bubbles and What To Do About Them

234: Index But Don?t Herd

329: Meme Stocks, GameStop, Short Squeezes, and Bubbles

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How to decide whether it is worth it to hedge currency exposure when investing outside of your home country.

Topics covered include:

How currency exchange rates impact investment returnsWhat factors impact currency exchange ratesWhat are carry trades and how do they influence exchange ratesHow currency forward contracts workHow ETFs and funds hedge currency exposureWhat to consider when deciding whether to hedge foreign currency exposure

Thanks to Egnyte and Quartr for sponsoring the episode.

For more information on this episode click here.

Show Notes

Rising U.S. yields push yen to lowest in nearly 3 years by Saikat Chatterjee?Reuters

Cutting Volatility in Foreign Stocks While Remaining 100% Invested: Hedge the Currency? by Jeff Weniger and Jeremy Schwartz?WisdomTree

Carry Trade Comes Surging Back With Biggest Gains Since 2016 by Robert Fullem and Brody Ford?Bloomberg

Related Episodes

209: Why Bother Investing Internationally?

283: Why You Should Care About Carry Trades

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How New York City and other metropolises will overcome the pandemic economic shock. Why do some cities thrive while others devolve into chaos? How we can develop the resiliency of thriving cities.

Topics covered include:

How New York and other cities have dealt with the pandemic economic shockWhy the city of Port au Prince in Haiti is strugglingWhy do cities fail less frequently than companiesHow we can replicate the rhythms and cycles of citiesHow most cities can evolve in response to the pandemic and we can too

Thanks to Felix Gray and Alto CryptoIRA for sponsoring the episode.

For more information on this episode click here.

Show Notes

Local Area Unemployment Statistics - New York City? U.S. Bureau of Labor Statistics

Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies by Geoffrey B. West

The Office Sector in New York City by Brian McElwain, Anita Yadavalli, and Amar Mehta?Office of the New York Comptroller

Desperate Haitians suffocate under growing power of gangs by Dánica Coto and Alberto Arce?The Associated Press

California?s approach to gendered toys says a lot about the state?s political direction?The Economist

HB 389: Poor policy, poorly written, bad for rural Idaho by Geoffrey Wardle?Idaho Business Review

Human History Gets a Rewriteby By William Deresiewicz?The Atlantic

The Dawn of Everything: A New History of Humanity by David Graeber and David Wengrow

Four Thousand Weeks: Time Management for Mortals by Oliver Burkeman

Related Episodes

171: The Extraordinary Impact of Cities

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why the new U.S.-based Bitcoin ETFs are a bad idea and will underperform Bitcoin.

Topics covered include:

What fund and ETF options are available for investing in BitcoinWhy the U.S. has only authorized Bitcoin ETFs that invest in Bitcoin futures even though there are closed-end funds that hold Bitcoin directlyWhat is there a regulatory battle surrounding cryptocurrencies?How closed-end funds differ from ETFsHow Bitcoin futures workWhy Bitcoin ETFs that invest in Bitcoin futures will lag the performance of owning Bitcoin directlyWhy investors should avoid the new U.S. Bitcoin ETFs

Thanks to Policygenius and Justworks for sponsoring the episode.

For more information on this episode click here.

Show Notes

SEC Set to Allow Bitcoin Futures ETFs as Deadline Looms by Katherine Greifeld, Vildana Hajric, and Benjamin Bain?Bloomberg

U.S. SEC Chair Gensler calls on Congress to help rein in crypto 'Wild West' Katanga Johnson?Reuters

Bitcoin Strategy ETF?ProShares

Purpose Bitcoin ETF?Purpose Investments

Grayscale® Bitcoin Trust

Osprey Bitcoin Trust

Jacobi receives approval for "world?s first tier one" bitcoin ETF?Funds Europe

Remarks Before the Aspen Security Forum by Chair Gary Gensler?U.S. Securities and Exchange Commission

Coinbase abandons lending product after SEC pushback by Hannah Murphy and Stefania Palma?Financial Times

Coinbase calls for creation of dedicated crypto regulator by Hannah Murphy and Stefania Palma?Financial Times

First bitcoin futures ETF to make its debut Tuesday on the NYSE, ProShares says by Tanaya Macheel?CNBC

Rustication by Dennis J. Pogue?Mount Vernon Ladies' Association

Is Thomas Jefferson?s Monticello Constructed of Rammed Earth??Earth Architecture

What is Roll Yield and How It Impacts Bitcoin, Commodity, and VIX ETF Returns?Money For the Rest of Us

Related Episodes

355: Which Money Is Crazier: The U.S. Dollar or Bitcoin?

319: Here Come Central Bank Digital Currencies

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How the economics of timeshare vacation rentals work, and why they can be a great fit for some individuals.

Topics covered include:

When were the first timeshares introducedWhat are the different timeshare ownership modelsWhy timeshares don't appreciate but fall in price after purchaseWhat are maintenance fees and why do they keep increasingWho is the target market for timeshares and how do timeshare companies market to themHow timeshare companies make moneyHow to sell your existing timeshareHow to buy a new timeshare

Thanks to Quartr and LinkedIn for sponsoring the episode.

For more information on this episode click here.

Show Notes

The ABC?s of PUD?s (Part II): The Basics of Timesharing?American Bar Association

Second Quarter 2021 Earnings Conference Call July 29, 2021?Marriott Vacations Worldwide

Investor Presentation July 2021?Marriott Vacations Worldwide

SellMyTimeshareNow, LLC

Firm to Pay $2.6M, Stop Making False Timeshare Claims?Claims Journal

Related Episodes

24: Timeshares, Preppers and Permanent Portfolios

57: Live Like A Local When Traveling

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why the U.S. is closing in on both a debt default and a government shutdown. 

Topics covered include:

How a government shutdown differs from a debt ceiling crisisWhy hasn't Congress passed legislation to fund the government and raise the debt limitHow refusing to increase the debt ceiling could impact Social SecurityHow big is the national debt and who owns itWhy we never know how much federal debt is too much: Japan vs the U.S.How federal debt is used and how it has led to financial innovationWhy countries default on their debtWhat are some of the challenges with central banks pegging interest rates and monetizing the debtWhat could cause the U.S. dollar to crash and inflation to soar

Thanks to Alto CryptoIRA and LinkedIn for sponsoring the episode.

For more information on this episode click here.

Show Notes

America?s debt ceiling is a disaster, though fiscal rules can help?The Economist

Treasury Bulletin, September 2021?Bureau of the Fiscal Service

Major Foreign Holding of Treasury Securities?Department of the Treasury/Federal Reserve Board

Fed official warns of ?extreme? market reaction unless debt ceiling raised by Lauren Fedor, Colby Smith and James Politi - The Financial Times

Republicans Are Playing a Dangerous Game With Debt by Michael R. Strain?The New York Times

Explainer: What happens when the U.S. federal government shuts down? by Jason Lange?Reuters

Janet Yellen Says Treasury Could Exhaust Cash Reserves by Oct. 18 if Debt Limit Isn?t Raised by Nick Timiraos and Kate Davidson?The Wall Street Journal

Janet Yellen: Congress, Raise the Debt Limit by Janet Yellen?The Wall Street Journal

Devin Carroll on YouTube

In Defense of Public Debt by Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, and Kris James Mitchener

Different Types of Central Bank Insolvency and the Central Role of Seignorage by R. Reis

How do central banks control inflation? A guide for the perplexed by Laura Castillo-Martinez and Ricardo Reis?London School of Economics and Political Science

Can the Central Bank Alleviate Fiscal Burdens? by Ricardo Reis?London School of Economics and Political Science

Related Episodes

295: Federal Reserve Insolvency and Monetizing the National Debt

338: The National Debt, Inflation, and the U.S. Dollar?What Could Go Wrong?

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What is causing the shortage of goods and workers? What should we do about it?

Topics covered include:

How a tree pandemic killed billions of American Chestnut treesHow a massive increase in demand has crippled the global supply, leading to an eight-fold increase in shipping costsWhy there are so many job openings and people quitting their jobsWhy the free market doesn't work as well for child daycareHow stimulus payments during the pandemic reduced poverty ratesWhat is the lying flat movementHow everything is in place for an extended period of high inflation even though the bond market still anticipates inflation will be transitoryWhy we should own real things and plan more downtime

Thanks to Policygenius and Masterworks for sponsoring the episode.

For more information on this episode click here.

Show Notes

The Demise and Potential Revival of the American Chestnut by Kate Morgan?Sierra Club

U.S. Imports to Increase by 20% by End of 2021?Material Handling & Logistics

The largest port in the US hit a new ship-backlog record every day last week, as 65 massive container boats float off the California coast by Grace Kay?Business Insider

The World Is Still Short of Everything. Get Used to It. by Peter S. Goodman and Keith Bradsher?The New York Times

?Just Get Me a Box?: Inside the Brutal Realities of Supply Chain Hell by Brendan Murray?Bloomberg Businessweek

Rising Shipping Costs Are Companies? Latest Inflation Riddle by Thomas Gryta?The Wall Street Journal

Income, Poverty and Health Insurance Coverage in the United States: 2020?United States Census Bureau

Employers Are Baffled as U.S. Benefits End and Jobs Go Begging by Katia Dmitrieva and Olivia Rockeman?Bloomberg

Job Openings and Labor Turnover - July 2021?U.S. Bureau of Labor Statistics

?Lie Flat? If You Want, But Be Ready to Pay the Price by Allison Schrager?Bloomberg

?Can?t Compete?: Why Hiring for Child Care Is a Huge Struggle by Claire Cain Miller?The New York Times

Treasury Releases Report Showing U.S. Childcare System Overburdens Families and Causes Shortages Due to Inadequate Supply?U.S. Department of the Treasury

Related Episodes

323: The Economy Is Not A Machine

331: Why Do We Work So Much?

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A regulatory crackdown and ideological campaign by the Chinese government has upended the Chinese stock market, which comprises close to 40% of emerging market indices. We evaluate what is going on and what investors should do.

Topics covered include:

How has the Chinese stock market performed in 2021Why has Cathie Wood and Ark Invest dramatically cut their Chinese stock exposureWhat are examples of regulatory changes in ChinaWhy the stocks of Chinese online tutoring companies that trade on the New York Stock Exchange fell 90% this yearWhat are variable interest entities (VIEs) and why they are a risky corporate structure for Chinese companiesHow a high private sector debt burden could lead to a banking crisis or contagion in ChinaWhat are ways investors can invest in emerging markets while having a smaller allocation to China

Thanks to LinkedIn and Simplify ETFs for sponsoring the episode.

For more information on this episode click here.

Show Notes

Cathie Wood?s Ark cuts China positions ?dramatically? by Leo Lewis and Thomas Hale?Financial Times

Beijing to break up Ant?s Alipay and force creation of separate loans app by Sun Yu and Ryan McMorrow?Financial Times

China?s dodgy-debt double act?The Economist

China?s bid to stabilise its property market is causing jitters?The Economist

Related Episodes

218: Is China or the U.S. More Vulnerable?

249: Should You Invest in India?

328: Are You Underweight Chinese Stocks? Pros and Cons of Investing in China

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What are the demand and supply drivers of home prices? What is the current status of those drivers and do they suggest a housing price crash is imminent, particularly given mortgage forbearance programs are ending?

Topics covered include:

How much have home prices appreciated in the past year compared to historical ratesWhat has driven the demand shock for housingWhy U.S. houses are so much more affordable compared to earlier periodsHow big is the housing shortage in the U.S.What could cause home prices to crashHow housing supply and demand drivers apply to local real estate marketsHow to purchase a home in a hot housing market

Thanks to the Modern Finance podcast and Simplify ETFs for sponsoring the episode.

For more information on this episode click here.

Show Notes

In a forgotten town by the Salton Sea, newcomers build a bohemian dream Rory Carroll?The guardian

For One Weekend a Year, a Tiny Town on the Salton Sea Becomes a Mecca for Artists and Partiers by April Wong?Los Angeles Magazine

Electric vehicles need batteries. Those need lithium. That?s where the Salton Sea comes in. by Elliot Spagat?Chicago Sun-Times

A shock is headed for the housing market by Lance Lambert?Fortune

Housing Supply: A Growing Deficit?Freddie Mac

Related Episodes

235: What If Home Prices Always Declined

258: How Financialization Pushes Up Home Prices

317: How To Buy In A Hot Housing Market

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why bother rebalancing your investment portfolio and what is the best method for doing so.

Topics covered include:

How a target asset allocation can get out of line if a portfolio is not rebalancedWhat is positive skewness and why it matters to portfolio investingWhat is volatility drag and how it can lead to lower end of period wealthWhat are the costs of rebalancingWhich rebalancing method if any has been the most effective

Thanks to Felix Gray glasses and Mint Mobile for sponsoring the episode.

For more information on this episode click here.

Show Notes

Long-Horizon Stock Returns Are Positively Skewed by Adam Farago and Erik Hjalmarsson

Positively Skewed Distribution?Corporate Finance Institute

Prospect Theory and Stock Market Anomalies by Nicholas Barberis, Lawrence J. Jin, and Baolian Wang

Strategic Rebalancing by Sandy Rattray, Nicolas Granger, Campbell R. Harvey, and Otto Van Hemert

Portfolio Rebalancing: Tradeoffs and Decisions by Xing Hong and Philipp Meyer-Brauns

Diversification Returns, Rebalancing Returns and Volatility Pumping by Keith Cuthbertson, Simon Hayley, Nick Motson, and Dirk Nitzsche

Getting back on track: A guide to smart rebalancing by Jenna L. McNamee, Thomas Paradise, and Maria A. Bruno?Vanguard

Safe Haven: Investing for Financial Storms by Mark Spitznagel

Related Episodes

313: No One Is Entirely a Buy and Hold Investor

341: How to Overcome Investing Fears

354: Now Is the Best Time Ever to Be an Individual Investor

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

We compare the U.S. dollar with Bitcoin on their key attributes to determine which is better for transactions and preserving wealth, which is most absurd and which has serious flaws.

Topics covered include:

How are new U.S. Dollars and Bitcoin createdHow much has the supply of each currency grownHow both the dollar and Bitcoin have had rule changesWhy Bitcoin transactions are faster than non-cash U.S. dollar transactionsWhy both the dollar and Bitcoin require add-on layers to facilitate transactionsHow tax treatment of a currency can encourage or discourage its use for paymentsWhy divisibility is a critical attribute of any currencyWhy Bitcoin has been as volatile as the Russian rubleWhy Bitcoin is energy inefficient while having built-in incentives to use renewable energyWhat will determine the long-term viability of Bitcoin and the U.S. dollar

For more information on this episode click here.

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Policygenius

Show Notes

Federal Reserve Statistical Release: H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks, August 19, 2021

Check Processing?Federal Reserve Bank of New York

Gold Reserve Act of 1934?Federal Reserve History

Creation of the Bretton Woods System?Federal Reserve History

Financial Accounting Manual for Federal Reserve Banks, July 2021: Chapter 5. Federal Reserve Notes?Board of Governors of the Federal Reserve System

Financial Statements: Federal Reserve Bank of Kansas City; As of and for the Years Ended December 31, 2020 and 2019 and Independent Auditors? Report

A Complete Guide to Understanding and Protecting Against Inflation?Money For the Rest of Us

Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto?Bitcoin

What is a fork??Coinbase

Mapping the Major Bitcoin Forks by Ashley Viens?Visual Capitalist

Total Circulating Bitcoin Chart?Blockchain

There?s Enough Bitcoin For Everyone by Paul Opoku?Nasdaq

Lightning Network: Scalable, Instant Bitcoin/Blockchain Transactions

Crypto Crime Summarized: Scams and Darknet Markets Dominated 2020 by Revenue, But Ransomware Is the Bigger Story?Chainalysis

Americans' Spending on Illicit Drugs Nears $150 Billion Annually; Appears to Rival What Is Spent on Alcohol by Beau Kilmer?RAND Corporation

39% of PoW mining is powered by renewables ? Cambridge University Cryptoasset study by Gareth Jenkinson?The Daily Chain

Bitcoin Energy Consumption Index?Digiconomist

The Bitcoin vs Visa Electricity Consumption Fallacy by Carlos Domingo?Hacker Noon

El Salvador Readies Bitcoin Rollout With 200 ATMs for Conversion by Michael D McDonald?Bloomberg

Related Episodes

316: Paper, Rocks, or Digits?What Makes the Best Money

335: Are Non-Fungible Tokens (NFTs) Good Investments?

339: How To Make Money with BlockFi, Dai and the Evolving DeFi Ecosystem

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What are the advantages and disadvantages individual investors have relative to professional investors. How individual investors can capitalize on their advantages without being overwhelmed by too many choices.

Topics covered include:

How much have fees and commissions dropped for individual investors in the past two decadesHow the overall objective of individual investors differs from professional investorsWhy the smaller scale at which individual investors operate provides an advantage relative to professional investorsWhat are some advantages that professional investors have relative to individual investorsHow having constraints and rules of thumb allow individual investors to generate better returns and be less overwhelmedWhat are some examples of rules of thumb that collectively form an investment philosophy and process

Thanks to Streak CRM for sponsoring the episode.

For more information on this episode click here.

Show Notes

Trends in the Expenses and Fees of Funds, 2020?ICI Research Perspective March 2021 // VOL. 27, NO. 3

Morningstar's Annual Fund Fee Study Finds Investors Saved Nearly $6 Billion in Fund Fees in 2019?Morningstar

The Reel Deal: The Stacked Benefits of a Reel Mower by John K. Hix and Simone Bailey?Rochester Reginal Health

How to Invest in Closed-End Funds?Money For the Rest of Us

Portfolio Visualizer

The Beauty of Everyday Things by Soetsu Yanagi

Noise: A Flaw in Human Judgment by Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein

Related Episodes

313: No One Is Entirely a Buy and Hold Investor

332: What Is Tail Risk and Are You Taking Too Much Of It?

341: How to Overcome Investing Fears

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How permanent life insurance can be an effective tool for retirement planning.

Topics covered include:

What is the difference between term and whole life insuranceHow many people let their life insurance policies lapse each yearWhat are strengths that insurance companies have that are beneficial to individual investorsWhat are the benefits of whole life insurance policiesHow the infinite banking concept works and who should it be usedHow asset allocation should differ when investors have a whole life insurance policyWhat are concerns with whole life insuranceHow an integrative approach of using whole life, immediate annuities, and investments can lead to higher retirement spending levels

Thanks to today's sponsors: Simplify ETFs and the all-new electric MINI Cooper SE

For more information on this episode click here.

Show Notes

Arthur L. Williams Jr.?Wikipedia, Aug 10, 2021

ACLI 2020 Life Insurers Fact Book?The American Council of Life Insurers

Pros And Cons Of Life Insurance For Children by Cameron Huddleston and Amy Danise?Forbes

The Four Approaches to Managing Retirement Income Risk by Wade D. Pfau

Safety-First Retirement Planning: An Integrated Approach for a Worry-Free Retirement (The Retirement Researcher Guide Series) by Wade D. Pfau

Integrating Whole Life Insurance into a Retirement Income Plan: Emphasis on Cash Value as a Volatility Buffer Asset by Wade D. Pfau and Michael Finke

Related Episodes

279: Why All Retirees Should Consider an Income Annuity

326: The New Math of Retirement Spending and Investing

349: Forward and Reverse Mortgages: When To Take Them Out and When to Pay Them Off

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How owning fewer, more permanent things can lead to greater freedom and continued economic growth.

Topics covered include:

How a railroad company issued a bond that matured in 999 yearsWhy land and gold are the most permanent investmentsWhat is the oldest currency in useWhy fiat and cryptocurrencies are potentially worthlessWhy permanence is freedom and constantly craving more things limits freedomWhy do quality goods cost moreHow the volume of trash generation and the number of storage units are increasingWhy reducing the number of things we own is so difficult and how to go about doing itHow the economy could change as people own things longer

Thanks to Felix Gray Glasses and LinkedIn for sponsoring the episode.

For more information on this episode click here.

Show Notes

Business & Finance: Freak Finance

Back to the future with long-term bonds by Franky Leeuwerck?Franky's Scripophily BlogSpot

ELMIRA AND WILLIAMSPORT RAIL ROAD COMPANY 500$ BOND, 1863?WorthPoint

The Power of Gold: The History of an Obsession by Peter L. Bernstein

How much gold has been found in the world??USGS

The oldest living thing on Earth by Marnie Chesterton?BBC

What is the world's oldest currency??CMC Markets

Bitcoin, Currencies, and Fragility by Nassim Nicholas Taleb

Small Is Beautiful: Economics as if People Mattered Bby E. F. Schumacher

Evan Kinori

Glasswing

Want to Make It Big in Fashion? Think Small, Like Evan Kinori by Guy Trebay?The New York Times

Artists of Theory: Evan Kinori Interview by Isaac McKay-Randozzi?Theories of Atlantis

National Overview: Facts and Figures on Materials, Wastes and Recycling?United States Environmental Protection Agency

Basic Information about Landfill Gas?United States Environmental Protection Agency

The Great Markdown Disaster w/ Evan Kinori?Corporate Lunch

Minimum by John Pawson

Evan Kinori, Clothing Designer by Sean Hotchkiss?Faculty Department

Storage Wars?Seeking Alpha

France Gave Teenagers $350 for Culture. They?re Buying Comic Books. by Aurelien Breeden?The New York Times

Related Episodes

278: You Have Permission to Spend

262: Better Not Bigger, Circular Not Linear ? How the Global Economy Is Changing

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How the carbon emissions allowances and carbon offset markets are structured and how to invest in them.

Topics covered include:

How much greater are the levels of carbon dioxide in the atmosphere and how much have average temperatures increasedWhy industries and companies are seeking to cut their greenhouse gas emissionsHow cap and trade emissions trading systems workWhat are the demand and supply dynamics of tradable emission allowancesWhat has been the performance of tradeable emission allowancesHow ETFs invest in tradable emission allowancesHow the voluntary carbon offset market is structured and what are the demand and supply dynamicsWhy do companies make voluntary pledges to reduce their carbon footprintsWhat are the types of carbon offset projectsWhy it is more difficult to invest in carbon offset markets and how that is changing

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For more information on this episode click here.

Show Notes

Vital Signs: Carbon Dioxide?Nasa

Global Energy Perspective 2021?McKinsey & Company

Climate Change: Global Temperature by Rebecca Lindsey and LuAnn Dahlman?NOAA

2030 Climate Target Plan?European Commission

FAQs Carbon Markets & Indices?Intercontinental Exchange, Inc.

Carbon trading: the ?one-way? bet for hedge funds by David Sheppard?Financial Times

KRBN KraneShares Global Carbon ETF?Krane Shares

The Regional Greenhouse Gas Initiative, Inc.

Corporate Carbon Reduction Pledges: An Effective Tool to Mitigate Climate Change? by Stephen Comello, Julia Reichelstein, and Stefan Reichelstein

Carbon offset prices set to increase tenfold by 2030 by Michael Holder?GreenBiz

Carbon offsetting is essential to tackling climate change?The Economist

Cheap cheats?The Economist

Future Demand, Supply and Prices for Voluntary Carbon Credits ? Keeping the Balance?Trove Research

Carbon offsets gird for lift-off as big money gets close to nature by Susanna Twidale and Shadia Nasralla?Reuters

CBL Global Emissions Offset Futures ? Constract Specs?CME Group

CBL Nature-Based Global Emissions Offset (N-GEO) and CBL Global Emissions Offset (GEO) Futures ? Frequently Asked Questions?CME Group

CME Announces Global Emissions Offset Futures by Filipe Wallin Albuquerque?Nordic Sustainable Investment Platform

Related Episodes

251: Impact Investing and Intentionality

262: Better Not Bigger, Circular Not Linear ? How the Global Economy Is Changing

340: Climate Change, ESG, and What Should Investors Do?

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The risks and opportunities of investing in startups on equity crowdfunding platforms.

Topics covered include:

Why do individual investors now have more access to startup investmentsWhat has been the historical performance of venture capital fundsHow most startups fail, leaving only a few startups to offset portfolio lossesWhat factors to consider when deciding on which startups to investWhy do startups have so many different share classesWhat platforms are available for individuals to invest in startupsWhy indexing by investing in every credible startup deal can lead to better performance than hand-selecting a few startups

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Thanks to Streak and Masterworks for sponsoring the episode.

For more information on this episode click here.

Show Notes

Squaring Venture Capital Valuations with Reality by Will Gornall and Ilya A. Strebulaev

How Do Venture Capitalists Make Decisions? by Paul A. Gompers, Will Gornall, Steven N. Kaplan, and Ilya A. Strebulaev

What Are SPACs and Should You Invest in Them??Money For the Rest of Us

First Quarter 2021 Private Capital Quarterly Review?Fund Evaluation Group

Fourth Quarter 2020 Private Capital Quarterly Review?Fund Evaluation Group

The Pervasive, Head-Scratching, Risk-Exploding Problem With Venture Capital by Kamal Hassan, Monisha Varadan, and Claudia Zeisberger

Venture Outcomes are Even More Skewed Than You Think by Seth Levine?VC Adventure

Venture Returns With Abe Othman of AngelList by Collin West?Kauffman Fellows

Paul Kedrosky

Related Episodes

253: Are IPOs the New Ponzi Scheme?

321: How to Analyze Complex Investments

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How to decide when to take out a home mortgage and whether to pay it off early. How reverse mortgages can be a helpful retirement tool.

Topics covered include:

Why it is more difficult to get a mortgage todayHow federal government mortgage guarantees lead to lower mortgage ratesHow to analyze whether to pay off your mortgage earlyThe differences between personal risk, market risk, and aspirational riskHow reverse mortgages work and how they can be useful as a retirement income toolWhat are the costs of reverse mortgages

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Thanks to IPVanish and Raycon for sponsoring the episode.

For more information on this episode click here.

Show Notes

Quarterly Report on Household Debt and Credit 2021 Q1?Federal Reserve Bank of New York

Selling Guide: Lender Letter LL-2021-03, Impact of COVID-19 on Originations (03/11/2021)?Fannie Mae0

Overreliance on Fannie and Freddie Violates Their Federal Charters by Norbert J. Michel, Ph.D.?The Heritage Foundation

Mortgage Debt and Asset Allocation, Video by Ben Felix

Plus Episode 329: Robinhood, Mortgages and ETF Transparency?Money For The Rest of Us

Beyond Markowitz: A Comprehensive Wealth Allocation Framework for Individual Investors by Ashvin B. Chhabra

How the HECM Program Works?U.S. Department of Housing and Urban Development

Incorporating Home Equity into a Retirement Income Strategy by Wade D. Pfau

Related Episodes

44: Should You Pay Off Your Mortgage?

238: The U.S. Is More Socialist Than Denmark Regarding Home Mortgages

317: How To Buy In A Hot Housing Market

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We answer over a dozen questions from listeners on investing, housing, retirement, business, podcast production, and more.

Topics discussed include:

The Endowment ModelTeaching children about investing4 influential investing booksThe difference between being an entrepreneur and investingThe balance between too much and too little efficiency and productivityWhat we learned about investing from the Covid crashHow asset allocation changes as one gets olderThe state and future of cryptocurrencyIs now the time to buy individual stocks given high valuations for indicesDonor-advised fundsFDIC insuranceMoney For the Rest of Us production time and expensesIs it possible to have too much invested in one ETFIs a house and investment and will there be a housing crashHow to worry less about money

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Related Episodes

211: How To Navigate A Housing Bubble

306: Three Approaches to Asset Allocation

317: How To Buy In A Hot Housing Market

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What are the risks and opportunities of investing in frontier equity markets?

Topics covered include:

What are the criteria used to determine whether a country's stock market is considered a frontier, emerging, or developed marketWhy some countries aren't included in any MSCI stock indexHow large are frontier markets in terms of population, economic output, and equity marketsHow frontier market's favorable demographic profile make them attractive, but might not lead to higher investment returnsWhat are the risks of investing in frontier marketsHow expensive or cheap are frontier marketsWhat have been frontier market's historical returns, volatility, and maximum drawdownsWhat are ways to invest in frontier markets

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Show Notes

MSCI Market Classification

MSCI 2020 Market Classification Review

Kuwait?s Move from Frontier to Emerging Market?MSCI

Frontier markets Longer Term Investments (LTI) by Corinne de Boursetty?UBS (PDF download)

Frontier Markets: A Comparative Analysis by Cliff Quisenberry?Investment & Wealth Institute

Urbanisation and Economic Growth: The Arguments and Evidence for Africa and Asia by Ivan Turok and Gordon McGranahan

Why globalists and frontier-market investors love Vietnam?The Economist

The Effects of Board Structure on Corporate Performance: Evidence from East African Frontier Markets by Yilmaz Guney, Ahmet Karpuz, and Gabriel Komba

Related Episodes

233: Is An Emerging Markets Crisis Imminent?

328: Are You Underweight Chinese Stocks? Pros and Cons of Investing in China

341: How to Overcome Investing Fears

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What are the pros and cons of owning an electric vehicle (EV) compared with an internal combustion engine (ICE) vehicle. Are electric vehicles worth it?

Topics covered include:

What is the total energy consumption for EVs versus ICE vehicles including energy expended to produce the vehicles and energy used to produce the electricity and refine the gasoline that run the vehicles.What vehicles weigh the most, ICE, EVs, or hybridsHow the mix of renewables and coal in the power grid impacts the energy impact of electric vehicles.What is the total cost of owning an electric vehicle compared with a similar model ICE vehicle.

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Show Notes

The Gregor Letter

The Greenhouse gases, Regulated Emissions, and Energy use in Technologies Model?Argonne National Laboratory

Vehicle Cost Calculator?Alternative Fuels Data Center

EV vs. Gas: Which Cars Are Cheaper to Own? by Roberto Baldwin?Car and Driver

Batteries For Electric Cars Speed Toward a Tipping Point by Ira Boudway?Bloomberg

Show Notes

The Gregor Letter

The Greenhouse gases, Regulated Emissions, and Energy use in Technologies Model?Argonne National Laboratory

Vehicle Cost Calculator?Alternative Fuels Data Center

EV vs. Gas: Which Cars Are Cheaper to Own? by Roberto Baldwin?Car and Driver

Batteries For Electric Cars Speed Toward a Tipping Point by Ira Boudway?Bloomberg

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What are ways to invest in water and is it an attractive investment?

Topics covered include:

How water rights work and how they have been overallocated in the Colorado River basin.Why agriculture uses the vast majority of water in the southwestern U.S. while contributing only a few percentage points to the region's gross domestic product.Why hedge fund manager Michael Burry invests in farmland instead of water rights.What ETFs are available to invest in waterWhat have the historical returns been for water stock investing, what are current valuations, and what is the expected long-term revenue growth.

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Show Notes

Beyond the Signing by Laura Paskus?Water Education Colorado

Where the Water Goes: Life and Death Along the Colorado River by David Owens

What Happens When The Colorado River Runs Dry?Science Friday

Editorial: There is no drought by The Times Editorial Board

New Mexico?s coming megadrought highlights farmers? control of water by Cody Nelson, Capital & Main?New Mexico Political Report

Arizona | The Economic Contributions and Impacts of U.S. Food, Fiber, and Forest Industries?University of Arkansas Department of Agriculture

U.S. Southwest, Already Parched, Sees ?Virtual Water? Drain Abroad by Diana Kruzman?Coyote Gultch

Brazil?s Worst Water Crisis in 91 Years Threatens Power Supplies by Walter Brandimarte and Gerson Freitas Jr?Bloomberg Green

Does Arizona really use less water now than it did in 1957? by Andrew Nicla?azcentral.

Arizona?s Groundwater Management Act at Forty: Tackling Unfinished Business by Kirsten H. Engel, Esther Loiseleur, Elise Drilhon

Michael Burry, Real-Life Market Genius From The Big Short, Thinks Another Financial Crisis Is Looming?by Jessica Pressler?Intelligencer

Global water crisis: Investing in water?Fidelity

Related Episodes

301: Use Caution with Alternative Investments

334: How To Invest In Farmland

336: Own What Is Real

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Half of the global financial system is made up of shadow banks. You have probably already used one. What are shadow banks and what to be wary of when using them.

Topics covered include:

What are the roles of shadow banksWhat are examples of shadow banksHow two shadow banks, Greensill Capital and Archegos Capital Management, contributed to billions of dollars in lossesHow China's massive use of shadow banks differs from the rest of the worldHow individuals investors can benefit from the careful use of shadow banks.

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Show Notes

Q+A-What is shadow banking and why does it matter? by Michelle Martin?Reuters

What You Need to Know About the Shadow Banking System Now by Craig Kirsner?Kiplinger

Global Monitoring Report on Non-Bank Financial Intermediation 2020?Financial Stability Board

How fintech will eat into banks? business?The Economist

Why is supply-chain finance, as practised by Greensill Capital, risky??The Economist

Tokio Marine defends governance over Greensill exposure by Leo Lewis, Kana Inagaki, and Ian Smith?Financial Times

Related Episodes

304: A 15% Guaranteed Return? Lending on the Fringes of Finance

305: Are Banks Safe?

333: How The Covid Shock Nearly Destroyed The Financial System

339: How To Make Money with BlockFi, Dai and the Evolving DeFi Ecosystem

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Why productivity growth is key to creating wealth. Why U.S. productivity growth is slowing, and what we can do to increase business and personal productivity.

Topics covered include:

How productivity is measured and how it relates to GDP, inflation, and living standardsHow productivity growth has led to more food, better health, better housing, and more consumer goods.What are potential reasons why productivity growth is slowingEvidence that work from home has led to lower productivityWhat individuals and businesses can do to increase productivity

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Show Notes

The Slowdown in Productivity Growth and Policies That Can Restore It by Emily Moss, Ryan Nunn, and Jay Shambaugh?The Hamilton Project

The technology-employment trade-off: Industry, automation, and income effects by Gene Kindberg-Hanlon?World Bank Blogs

Will productivity and growth return after the COVID-19 crisis? by Jan Mischke, et al.?McKinsey & Company

Work from Home & Productivity: Evidence from Personnel & Analytics Data on IT Professionals by Michael Gibbs, Friederike Mengel, Christoph Siemroth?Becker Friedman Institute for Economics

The Work of the Future: Building Better Jobs in an Age of Intelligent Machines by David Autor, David Mindell, and Elisabeth Reynolds?Massachusetts Institute of Technology

How to Stop Worrying and Love the Robot Apocalypse (Ep. 461) by Stephen J. Dubner, Produced by Zack Lapinski?Freakanomics

Is working from home bad for productivity? by Claire Jones?Financial Times

A World Without Email: Reimagining Work in an Age of Communication Overload by Cal Newport

Effortless: Make It Easier to Do What Matters Most by Greg McKeown

Related Episodes

142: Why Are Some Nations Wealthier Than Others?

231: What Determines How Much You Make

300: Ray Dalio and the Changing World Order

331: Why Do We Work So Much?

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How today's inflationary environment is similar and different from the great inflation of the 1970s. What are the best assets to protect your portfolio if the next great inflation is here.

Topics covered include:

How is inflation measured and why the pandemic made calculating inflation difficultWhat causes inflationWhy is inflation increasing currentlyWhat caused the great inflation of the 1970sWhich assets are best to own to protect against inflation

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Show Notes

A Complete Guide to Understanding and Protecting Against Inflation?Money For The Rest of Us

Great Inflation 2.0? Lessons from the 1970s by Simon Macadam?Capital Economics

When it comes to inflation, how much fortitude does the Fed have? by Sebastion Mallaby?Financial Times

If Inflation Is Coming, Here Is What to Do About It by James Mackintosh?The Wall Street Journal

A Complete Guide to Investing in TIPS and I Bonds?Money For The Rest of Us

334 Plus: A New Inflation ETF, Inverse ETFs, and Excess CAPE Yields?Money For The Rest of Us

IVOL ETF Analysis and Review?Money For The Rest of Us

What is Roll Yield and How It Impacts Commodity and VIX ETF Returns?Money For The Rest of Us

DIVIDENDS: THEORY AND EMPIRICAL EVIDENCE?Aaron Brask Capital, LLC.

Related Content

A Complete Guide to Understanding and Protecting Against Inflation

A Complete Guide to Investing in TIPS and I Bonds

IVOL ETF Analysis and Review

What is Roll Yield and How It Impacts Commodity and VIX ETF Returns

336: Own What Is Real

337: Why in the World Would You Own Bonds?

338: The National Debt, Inflation, and the U.S. Dollar?What Could Go Wrong?

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Seven ways to manage fear in order to improve your investing. How fear can be beneficial.

Topics covered include:

Why fear can be both helpful and harmfulWhy expected investment returns are lower from a year agoWhat are the drivers of asset class returnsWhat is a bucket approach to investing and why it can be helpfulWhat are ways to automate investingWhy getting an investment second opinion can be valuableWhy we can never avoid investing mistakes

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Show Notes

?How do I get rid of the fear?? by Seth Godin?Seth's Blog

The Gift of Fear by Dharmavidya David Brazier?Tricycle: The Buddhist Review

Related Episodes

254: Should You Be 100% Invested In Stocks?

306: Three Approaches to Asset Allocation

326: The New Math of Retirement Spending and Investing

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How businesses, households, governments, asset managers, and investors interact in unpredictable ways to address the risks and opportunities related to climate change and other global trends. Why ESG investing goes beyond just buying an ESG fund or ETF.

Topics covered include:

What are incentives, constraints, opportunities, and risks faced by businesses, households, governments, asset managers, and investors when deciding what to do.What is ESG and sustainable investingWhat are the different levels of sustainable investing practiced by investors and asset managersHow investors can benefit from emerging technologies to combat climate change

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For more information on this episode click here.

Show Notes

The Beauty of Everyday Things by Soetsu Yanagi (affiliate link)

Darmstadt Definition of Sustainable Investments by Johannes Hoffmann, Gerhard Scherhorn, Timo Busch (eds.)?Wuppertal Institute

FACT SHEET: President Biden Sets 2030 Greenhouse Gas Pollution Reduction Target Aimed at Creating Good-Paying Union Jobs and Securing U.S. Leadership on Clean Energy Technologies, APRIL 22, 2021?The White House

CDP Climate Charity

Drawdown Framework?Project Drawdown

?I Will Get Very Serious About ESG ? But Not Yet,? Allocators Claim by Amy Whyte?Institutional Investor

How Sensitive are Optimal Fully Renewable Power Systems to Technology Cost Uncertainty? by Behrang Shirizadeh, Quentin Perrier, and Philippe Quirion

Techno-optimism, behaviour change and planetary boundaries by Adair Turner?Keele World Affairs Lectures on Sustainability

Activate Your Money: Invest to Grow Your Wealth and Build a Better World 1st Edition by Janine Firpo (affiliate link)

Making Sense Podcast 244 - Food, Climate, and Pandemic Risk?Sam Harris

Why Invest in Disruptive Innovation??Ark Invest

Related Episodes

77: Does Ethical Investing Outperform the Market?

118: Are Renewable Energy ETFs a Good Investment?

140: How Climate Change Could Impact Your Investments and Your Life

251: Impact Investing and Intentionality

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What is decentralized finance and how it is seeking to solve the shortcomings of centralized finance. How BlockFi and MakerDAO, early entrants in the DeFi space work. How to earn up to a 9% yield with cryptocurrency lending.

Topics covered include:

How centralized finance differs from decentralized finance (DeFi)What are the shortcomings of centralized finance and why decentralized finance is more inclusiveWhat are the key elements of DeFiHow Ethereum smart contracts workHow MakerDao and Dai work and replicate many aspects of the modern financial systemHow BlockFi operates using overcollateralized and undercollateralized loansWhat are the risks of cryptocurrency lending using BlockFi and Dai

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For more information on this episode click here.

Show Notes

Crypto Lending Interest Rates for April 2021?DeFi Rate

DeFi and the Future of Finance by Campbell R. Harvey, Ashwin Ramachandran, and Joey Santoro

Millions Lost: The Top 19 DeFi Cryptocurrency Hacks of 2020 by Anton Tarasov?Crypto Briefing

Bitcoin Lending & Borrowing w/ BlockFi?s Zac Prince & Mark Yusko?Bitcoin Fundamentals by the Investor's Podcast Network

BlockFi lands a $350M Series D at a $3B valuation for its fast-growing crypto-lending platform by Mary Ann Azevedo?Tech Crunch

BlockFi Hacked Following SIM Swap Attack, But Says No Funds Lost by Graham Cluley?Tripwire

Maker Protocol Full Guide: How to Make Money with DAI by Evan Ezquer?Asia Crypto Today

DeFi Leader MakerDAO Weighs Emergency Shutdown Following ETH Price Drop by Brady Dale and William Foxley?CoinDesk

Celsius Network Interest Rates, Explained?Celsius

What Crypto Lender Celsius Isn?t Telling Its Depositors by Nate DiCamillo?CoinDesk

Related Episodes

304?: A 15% Guaranteed Return? Lending on the Fringes of Finance

319: Here Come Central Bank Digital Currencies

335: Are Non-Fungible Tokens Good Investments?

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With a ballooning U.S. federal budget deficit, a growing national debt, and double digit increases in the money supply, is it time to bet against the dollar?

Topics covered include:

What is driving the double digit increases in U.S. home pricesWhy hasn't inflation spiked in line with rising home pricesWhat is the velocity of money and why is it fallingWhat are three schools of thought regarding what causes inflationWhat is the average interest rate and maturity schedule of the U.S. national debtHow the Bank of Amsterdam is an example of how central banks can go insolvent and shut downWhy the dollar has an exorbitant privilege

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For more information on this episode click here.

Show Notes

Where Did Americans Move in 2020? by Janelle Cammenga?Tax Foundation

Velocity of M2 Money Stock (M2V) Chart?Federal Reserve Bank of St. Louis

Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) Chart?Federal Reserve Bank of St. Louis

How the CPI measures price change of Owners? equivalent rent of primary residence (OER) and Rent of primary residence (Rent)?U.S. Bureau of Labor Statistics

Consumer Price Index ? March 2021?U.S. Bureau of Labor Statistics

Table 1 (2017 ? 2018 Weights). Relative importance of components in the Consumer Price Indexes: U.S. city average, December 2020?U.S. Bureau of Labor Statistics

Inflation and Debt by John H. Cochrane, Fall 2011?National Affairs

US Government Finance: Debt by Dr. Edward Yardeni and Mali Quintana?Yardeni Research, Inc.

Can the Central Bank Alleviate Fiscal Burdens? by Ricardo Reis?London School of Economics and Political Science

BIS Working Papers No 902 An early stablecoin? The Bank of Amsterdam and the governance of money by Jon Frost, Hyun Song Shin, and Peter Wierts?Bank of International Settlements

EXCHANGE ARRANGEMENTS ENTERING THE 21ST CENTURY: WHICH ANCHOR WILL HOLD? by Ethan Ilzetzki, Carmen M. Reinhart, and Kenneth S. Rogoff

Related Episodes and Content

A Complete Guide to Understanding and Protecting Against Inflation

287: What Causes Hyperinflation and How To Prepare For It

295: Federal Reserve Insolvency and Monetizing the National Debt

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With interest rates rising does it still make sense to own bonds? Yes. This episode explores the role of bonds including why they are more effective at hedging stock losses than protective put options.

Topics covered include:

David's business and investment philosophyHow bond funds have performed in 2021Three disparate views on the direction of interest rates from Capital Economics, Ray Dalio, and Hoisington Investment Management CompanyHow to invest in China bondsWhy owning bonds is cheaper and more effective at hedging stock market losses than put optionsHow covered call strategies workHow to decide on your allocation to bonds versus stocks

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For more information on this episode click here.

Show Notes

What I think, not what I thought ? Jason Fried

Why in the World Would You Own Bonds When? ? Ray Dalio

Explainer: Foreign access to China?s $16 trillion bond market ? Reuters

The True Cost of Hedging S&P Downside - Movement Capital

Revisiting Covered Calls and Protective Puts: A Tale of Two Strategies ? Bryan Foltice

Pathetic Protection: The Elusive Benefits of Protective Puts ? Roni Israelov

Related Episodes

302: Investing Is Not Knowing

255: With Interest Rates Falling, Why Do You Own Bonds?

225: How To Invest in Bonds

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