Zachary Karabell: Brown Brothers Harriman Is the Story of American Capitalism
Author Zachary Karabell discusses the firm's evolution and what made it different from many of its Wall Street counterparts.
Dhananjay Phadnis: 'ESG Investing Is Still at a Very Early Stage in Asia'
The Fidelity Sustainable Asian Equity manager talks investing amid turmoil in China, the state of the Asian supply chain, ESG’s role in the investment process, and more.
Tadas Viskanta: Luck Plays a Big Role in Investing
The financial blogger and Ritholtz director of investor education discusses direct indexing, retirement income, and his go-to resources for perspective on the markets and personal finance.
Lynnette Khalfani-Cox: 'There's a Huge Wealth Gap in America'
The author and financial expert discusses the racial wealth and homeownership gap, college debt, and how she paid off her own debt.
Laura Carstensen: 'I'm Suggesting We Change the Way We Work'
Americans don't just need to work longer, they need to work differently, according to a noted longevity researcher.
Meb Faber: 'To Be a Good Investor, You Have to Be a Good Loser'
The author, podcast host, and CIO of Cambria Investment Management discusses current market valuations, trend-following, and how history can make you a better investor.
Daniel Crosby: 'If You're Excited About It, It's Probably a Bad Idea'
The psychologist and author discusses making big financial decisions in times of emotional extremes, how risk-taking can affect asset allocation, and his thoughts on just-in-time education.
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Who is Daniel Crosby?
Our guest on the podcast today is psychologist and author Dr. Daniel Crosby. Daniel is the chief behavioral officer at Orion Advisor Solutions. Daniel has written numerous books on behavioral finance, including _The Behavioral Investor_, _The Laws of Wealth: Psychology_ _and The Secret to Investor Success_, and _You're Not That Great_. Daniel also hosts his own podcast called _Standard Deviations_. He received his Bachelor of Science and doctorate at Brigham Young University. Background Bio _The Behavioral Investor_, by Daniel Crosby _The Laws of Wealth: Psychology and the Secret to Investor Success_, by Dr. Daniel Crosby _You’re Not That Great_, by Daniel Crosby, Ph.D. _Standard Deviations _podcast Orion Advisor Solutions Current Environment “3 Tips to Handle Financial Peer Pressure With Ease,” ally.com, Aug. 18, 2021. “Loneliness and Social Isolation as Risk Factors for Mortality: A Meta-Analytic Review,” by Julianne Holt-Lunstad and Timothy Smith, scholarsarchive.byu.edu, 2015. “Episode #337: Professor Richard Thaler, University of Chicago, ‘When Somebody Would Fire Us, It Was Almost Always at Exactly the Wrong Time,’” _The Meb Faber Show_ podcast, mebfaber.com, Aug. 4, 2021. “Help Wanted: How Investor Behavior Is Rewriting the Job Description of Financial Professionals,” Natixis Global Survey of Individual Investors, fa-mag.com, 2016. Orion Advisor Technology Betterment “Jason Zweig: Temperament Is Everything for Most Investors,” _The Long View _podcast, Morningstar.com, June 29, 2021. Pandemic “The Strange Psychology of COVID-19 and Investor Behavior,” by Daniel Crosby, Kiplinger.com, Aug. 11, 2020. “Daniel Crosby: Investing Rules for Uncertain Times,” by Daniel Crosby, investec.com, June 4, 2020. “When It Rains,” by Daniel Crosby, blog.brinkercapital.com, 2020. “How COVID-19 Will Impact the Future of Investor Behavior,” by Daniel Crosby, blog.brinkercapital.com, 2020. Behavioral Finance and Investing “Daniel Crosby on the Three E’s of Behavioral Investing,” financialplanningassociation.org, August 2021. “The BIG List of Behavioral Nudges,” by Daniel Crosby, blog.brinkercapital.com, 2019. “Robert Shiller: 'Wild West' Mentality Is Gripping Housing, Stocks and Crypto,” by Stephanie Landsman, cnbc.com, May 24, 2021. “Dr. Daniel Crosby’s Three Drivers of Human Behavior,” E-book by Daniel Crosby, orionadvisortech.com. “The Formula for Happiness: Wanting What You Have,” by Daniel Crosby, blog.brinkercapital.com, 2019. “Can Money Buy Happiness? Sort Of,” by Daniel Crosby, linkedin.com, July 19, 2016. “What Is the PERMA Model?” corporatefinanceinstitute.com. Denise Shull Daniel Kahneman _Standard Deviations_ Podcast “Christine Benz--Goals Based Approaches to Retirement,” _Standard Deviations_ podcast with Daniel Crosby, standarddeviationspod.com, April 11, 2019. “Morgan Housel--The Psychology of Money,” _Standard Deviations _podcast with Daniel Crosby, standarddeviationspod.com, Sept. 4, 2019. “Jim O’Shaughnessy--What Works on Wall Street,” _Standard Deviations_ podcast with Daniel Crosby, podcasts.apple.com, Aug. 14, 2019.
Who is Tadas Viskanta?
Our guest on the podcast today is Tadas Viskanta. Tadas is the director of investor education at Ritholtz Wealth Management. He's also the founder and editor of the popular financial and investing blog Abnormal Returns, which he launched in 2005. Tadas is the author of the book _Abnormal Returns: Winning Strategies from the Frontlines of the Investment Blogosphere_ and has coauthored a number of papers that have appeared in esteemed academic publications like the _Financial Analysts Journal_. Tadas earned his bachelor's degree in economics and political science from Indiana University and his MBA from the University of Chicago Booth School of Business. Background Bio Abnormal Returns Twitter: @abnormalreturns _Abnormal Returns: Winning Strategies From the Frontlines of the Investment Blogosphere_ by Tadas Viskanta Investor Education “Financial Literacy vs. a Fiduciary Standard: Which Matters More?” by Tadas Viskanta, abornormalreturns.com, May 26, 2019. “What Has the Stock Market Taught Us Since 2010? ” by Ben Carlson, awealthofcommonsense.com, Sept. 10, 2021. Content “Earning the Permission of Your Audience,” by Tadas Viskanta, abnormalreturns.com, Feb. 21, 2021. “Keys to Social Media Success: Curiosity, Conversation, and Patience,” by Sloane Ortel, cfainstitute.org, May 15, 2016. HumbleDollar Jonathan Clements The Rational Reminder Podcast Retirement Planning and Personal Finance “Don’t Short-Circuit Your Financial Plan With an Inflexible Spending Rule,” by Tadas Viskanta, abnormalreturns.com, July 31, 2019. “Shifting Gears in Retirement Isn’t Easy,” by Tadas Viskanta, abnormalreturns.com, Nov. 23, 2019. “Social Influence and the Rise of Index Investing,” by Tadas Viskanta, medium.com, Feb. 12, 2017. Canvas platform, O'Shaughnessy Asset Management “Not All That Glitters Is Gold With Tadas Viskanta,” ycharts.com, 2021. Other _The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing_, by Michael J. Mauboussin “Consilient Observer,” by Michael Mauboussin and Dan Callahan
Who is Rick Bookstaber?
Our guest this week is Rick Bookstaber. Rick is the head of risk of Fabric, a startup he founded to provide risk-management software to individual investors through the financial advisors who serve them. Prior to founding Fabric, Rick held a number of senior risk-management roles, most recently as chief risk officer at the University of California system, and before that at various hedge funds and banks, including Bridgewater, FrontPoint Partners, Morgan Stanley, and Salomon Brothers. He also served in the Obama administration, where his work included stints with the Financial Stability Oversight Council and at the SEC on the Volcker Rule and other regulations. Rick has authored several books, including A Demon of Our Own Design, which was published in 2007, as well as The End of Theory, which was published in 2017. Rick received his bachelor’s in economics at Brigham Young University and earned a doctorate in economics from MIT. Background Bio Fabric A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation, by Rick Bookstaber The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction, by Rick Bookstaber Risk Management Macro “7 Risks That Are Creating a New Market Paradigm,” by Rick Bookstaber, barrons.com, June 17, 2021. “Agent-Based Models for Financial Crises,” by Rick Bookstaber, bookstaber.com, Aug. 30, 2017. “Can Global Capitalism Survive in its Current Form?” by Rick Bookstaber, Age of Economics on youtube.com, March 6, 2021. “Bill Bernstein: We’re Starting to See All of the Signs of a Bubble,” The Long View Podcast, Morningstar.com, March 10, 2021. “A More Realistic Look at Risk,” by Amanda White, top1000funds.com, Oct. 6, 2017. “Can High Liquidity + Low Volatility = High Risk?” by Rick Bookstaber, rick.bookstaber.com, Aug. 23, 2007. “Our Low Risk (Low Volatility) World,” by Rick Bookstaber, rick.bookstaber.com, Nov. 4, 2017. “Building Forward-Looking Scenarios: Why You’re Doing It Wrong,” by Rick Bookstaber, Alicia Karspeck, and Govinda Quish, risk.net, Aug. 3, 2021. Investments “How to Make Risk Management Work for Advisers,” by Rick Bookstaber, investmentnews.com, June 24, 2021. Aladdin (BlackRock) “MSCI’s Principles of Sustainable Investing,” msci.com. Organization and Culture “Adaptability Versus Optimization: The Cockroach Approach,” by Alex Barrow, macro-ops.com, Aug. 28, 2019. “Opinion: A Chief Risk Officer Offers the Simplest Way to Fight Back Against Stock-Market Memes,” by Rick Bookstaber, marketwatch.com, July 10, 2021. “This Is the Way Facebook Ends (and Maybe Apple and Google),” by Rick Bookstaber, rick.bookstaber.com, Jan. 28, 2018. “Facebook and the Awakening of our Private Selves,” by Rick Bookstaber, rick.bookstaber.com, April 1, 2018.
Who is Carl Richards?
Our guest on the podcast this week is Carl Richards. Carl is a Certified Financial Planner and a Financial Advisor Communication Expert. His new venture is called The Society of Advice, which he describes as a global gathering of real financial advisors. Carl created the Sketch Guy column in The New York Times. And he is also author of two books: The One-Page Financial Plan: A Simple Way to Be Smart About Your Money and The Behavior Gap: Simple Ways to Stop Doing Dumb Things With Money. In addition, he hosts the Behavior Gap Radio podcast and also cohosts a podcast with financial planning guru Michael Kitces, called Kitces & Carl. Background Bio The Society of Advice videos “Carl Richards: ‘Let’s Focus on Being a Little Less Wrong Tomorrow’,” The Long View podcast, Morningstar.com, May 13, 2020. Behavior Gap The Behavior Gap: Simple Ways to Stop Doing Dumb Things With Money by Carl Richards The One-Page Financial Plan: A Simple Way to Be Smart About Your Money by Carl…
Who is Martin Lau?
Our guest this week is Martin Lau. Martin is a managing partner of FSSA Investment Managers, part of First Sentier Investors. He's been at the firm since 2002 and is the lead fund manager of various FSSA strategies, including the FSSA Asian Equity Plus Fund, the FSSA China Growth Fund, and the FSSA Hong Kong Growth Fund. Martin has been in the investment business for nearly three decades and is based in Hong Kong. Morningstar's analysts have recognized Martin's achievements on a number of occasions, most recently in 2020, when they named the FSSA Hong Kong Growth Fund the winner of the Best Hong Kong Equity Fund Award. Martin earned a Bachelor of Arts degree from Cambridge University, as well as master’s degree in engineering from Cambridge. Martin is a CFA charterholder. Background BioFSSA Investment Managers Morningstar Global Fund Report: FSSA Asian Equity Plus Fund Class I FSSA China Growth Fund Class I FSSA Hong Kong Growth Fund Portfolio Management and Investing in China…
Who is Sarah Newcomb?
Our guest on the podcast today is Sarah Newcomb, director of behavioral science at Morningstar. In her role she works to integrate the findings of her research into Morningstar financial management applications and tools. Before joining Morningstar in 2015, Sarah earned her doctorate in behavioral economics from the University of Maine, where her work focused on the psychological barriers to sound personal money management. She's the author of Loaded: Money, Psychology, and How to Get Ahead Without Leaving Your Values Behind. Sarah also holds a bachelor’s degree in mathematics from Salem State University, a master's degree in financial economics from the University of Maine, and a master’s certification in personal financial planning from Bentley University. Background Bio Loaded: Money, Psychology, and How to Get Ahead Without Leaving Your Values Behind, by Sarah Newcomb Financial Education “Smart Shortcuts for the Good-Enough Investor,” by Sarah Newcomb, Morningstar.com,…
Who is Hal Hershfield?
Our guest on the podcast today is Professor Hal Hershfield. Dr. Hershfield is Professor of Marketing, Behavioral Decision Making, and Psychology at UCLA's Anderson School of Management. His research concentrates on the psychology of long-term decision-making and how people's perceptions of the passage of time affect the decisions that they make. He has consulted with numerous organizations including Prudential, the Consumer Financial Protection Bureau, Merrill Lynch, and the Principal Financial Group. He received his B.A. at Tufts University and his Ph.D. at Stanford. Background Bio The Pandemic “How Elvis Got Americans to Accept the Polio Vaccine,” by Hal Hershfield and Ilana Brody, scientificamerican.com, Jan. 18, 2021. “Should You Immerse Yourself in Bad News These Days or Ignore It Completely?” by Hal Hershfield, scientificamerican.com, May 5, 2020. “How to Craft the Vaccine Message for the Undecided,” by Bill Kisliuk, ucla.edu, May 4, 2021. “Your Messaging to Older Audiences Is Outdated,” by Hal Hershfield and Laura Carstensen, harvardbusinessreview.org, July 2, 2021. “Time Is Meaningless Now,” by Shayla Love, vice.com, April 10, 2020. Saving for the Future Daniel Kahneman “Temporal Reframing and Participation in a Savings Program: A Field Experiment,” by Hal Hershfield, Stephen Shu, and Shlomo Benartzi, halhershfield.com, 2020. “Using Vividness Interventions to Improve Financial Decision Making,” by Hal E. Hershfield, Elicia M. John, and Joseph S. Reiff, halhershfield.com, 2018. “Increasing Saving Behavior Through Age-Progressed Renderings of the Future Self,” by Hal Hershfield, Daniel Goldstein, William Sharpe, Jesse Fox, Leo Yeykelis, Laura Carstensen, and Jeremy Bailenson, halhershfield.com, 2011. “The Future Self,” by Hal E. Hershfield and Daniel Bartels, uchicago.edu, 2018. “Beliefs About Whether Spending Implies Wealth,” by Heather Barry Kappes, Joe J. Gladstone, and Hal Hershfield, londonschoolofeconomics.com, 2020. “Seeking Lasting Enjoyment With Limited Money: Financial Constraints Increase Preference for Material Goods Over Experiences,” by Stephanie M. Tully, Hal E. Hershfield, and Tom Meyvis, halhershfield.com, 2015. “Do Images of Older Americans Reinforce Stereotypes?” by Colette Thayer and Laura Skufca, aarp.org, September 2019. Retirement and Older Adults “People Search for Meaning When They Approach a New Decade in Chronological Age,” by Adam Alter and Hal Hershfield, halhershfield.com, 2014. Mike North “You Owe It to Yourself: Boosting Retirement Saving With a Responsibility-Based Appeal,” by Christopher J. Bryan and Hal E. Hershfield, halhershfield.com, 2012.
When did Jonathan Freedland compare cyber attacks?
Jonathan Freedland compares cyber-attacks today with the Siege of Dover Castle in 1216.
Who compares attempts to interfere in elections?
Jonathan Freedland compares attempts to interfere in elections.
Who compares the plight of black cab drivers with that of 18thC watermen?
Jonathan Freedland compares the plight of black cab drivers with that of 18thC watermen.
Who compares the Catalonia crisis with a moment in Cornish history?
Jonathan Freedland compares the Catalonia crisis with a moment in Cornish history.
Who compares safety on the railways in the 1830s to driverless cars today?
Jonathan Freedland compares safety on the railways in the 1830s to driverless cars today.
Who compares a Saudi prince with a medieval pope?
Jonathan Freedland compares a Saudi prince with a medieval pope.
Who compares Julian Assange to a pamphleteer and fugitive of the 1680?
Jonathan Freedland compares Julian Assange to a pamphleteer and fugitive of the 1680s.
