Dec 23, 2021
We have reached the end of another year, our third while doing
this podcast. We are spending this episode on our customary
year-end review, and we will be pulling segments from some of the
great interviews we hosted over the course of 2021. In doing so, we
hope to create a bit of summary of the year and the biggest lessons
we all learned together. The podcast has continued to grow beyond
our wildest expectations and we are so grateful to be on this
journey with our ever-increasing community and audience. We touch
on many themes in this recap, moving from general ideas about life,
goals, happiness, abundance, and purpose, to more financial
subjects of money values, retirement, and crypto, and then into the
deeper technical aspects of investment such as value premiums,
factors, bonds, and much more. We have tried our best to focus on
the segments that we found most enlightening and that changed our
perspective, and have highlighted them with reflections and
commentary. So to hear it all, join us today, and we'll see you
next year, for more of the Rational Reminder Podcast.
Key Points From This Episode:
- Looking at some of the amazing numbers around the growth of our
- A few shoutouts to the wonderful people who make this podcast
- Bill Schultheis on how to find and fund a good life.
- Hal Hershfield's thoughts on making better decisions with your
future wellbeing in mind. [0:10:44.3]
- Ashley Whillans on the relationship between time-poverty and
wellbeing, and increased leisure time.
- Jennifer Risher weighs in on the importance of performing
meaningful work. [0:17:24.5]
- Robin Taub's family money value's from her book, The Wisest
- Jennifer Risher's approach to managing money values at home.
- Katy Milkman applies the central idea from How to
Change to saving money. [0:23:22.7]
- Johanna Peetz on how to use the idea of a future self to reach
a goal. [0:26:38.6]
- Paul Merriman shares his experiences of the relationship
between money and a good life. [0:28:27.7]
- Adriana Robertson's legal perspective on the rise of index
- Jay Ritter on the question of market efficiency.
- Hersh Shefrin's emphatic and nuanced advice about how to act in
relation to the market. [0:38:20.3]
- John Cochrane on the shifting relative value of stocks.
- Rob Arnott shares his thoughts on the drawbacks of cap-weighted
- Antonio Picca on the drawbacks of a factor-based investment
- John Cochrane on making decisions around owning value stocks.
- Campbell Harvey talks about conditions for concentrated
- Bill Schultheis on tilting for factors versus sticking with
market cap indices. [0:54:02.6]
- Adriana Robertson shares what the research tells us about the
basis for investment decisions. [0:54:46.1]
- Hersh Shefrin on what really matters with regards to portfolio
- Antonio Picca on more active approaches and capturing premiums
through rebalancing. [0:41:26.0]
- Brad Cornell explains the differences between a factor and a
- Rob Arnott, David Booth, and Antonio Picca weigh in on the
question of value stocks at present.
- Robert Novy-Marx's approach to cheap stocks and high
- Dave Plecha on owning bonds today, in light of historically low
interest rates. [1:15:12.0]
- Anna Lembke on how our daily and long-term decisions are
influenced by dopamine. [1:18:20.0]
- Cullen Roche shares his thoughts on the future of market
- Don Ezra's lessons for retirement and better preparation.
- Anna Lembke on the results of increases in leisure time.
- David Blanchett's thoughts on the evolving role of the
financial advisor. [1:30:50.0]
- Don Ezra 'seven asset classes of life's abundance portfolio'.