How an asset class such as bonds can play different roles in your portfolio depending on your investment philosophy. In this episode you’ll learn: What are bonds and how can they be used in investment portfolios.What is interest rate anticipation.Why individuals have an advantage over institutions because they don't have to worry about outperforming a benchmark when it comes to bonds.Why U.S. interest rates could rise and fall from current levels.Why China is unlikely to sell all of … [Read more...]
203: Is Investing More Like Poker or Chess?
How to make better investing and life decisions. In this episode you’ll learn: Show Notes Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts by Annie Duke Thinking Fast and Slow by Daniel Kahneman The Tao of Pooh by Benjamin Hoff Trying Not to Try: Ancient China, Modern Science, and the Power of Spontaneity by Edward Slingerland Episode Sponsors Intercom Rxbar Wunder Capital Episode Summary David asks the question, “Is … [Read more...]
28: Live By Your Own Financial Rules
Why there are no hard-and-fast financial rules other then don't cause yourself irreparable financial harm. In this episode, you'll learn: Why beginners tend to be rule focused while veterans are more intuitive and follow patterns.What an ancient Chinese madman can teach us about personal finance.Why we should be wary of people who tell us the exact path to follow to be successful.Why there are no set financial rules so we have to create our own. Show Notes Obliquity: Why … [Read more...]
