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Exploring Investor Amnesia blog and American Express Business Gold Card
This chapter discusses the blog Investor Amnesia, which offers a weekly newsletter with financial history and access to a historical data library and online courses. The chapter also includes an advertisement for the American Express business gold card.
On today’s episode, Clay is joined by financial history expert, Jamie Catherwood, to discuss market forecasting, interest rates, and the efficiency of markets from a historical perspective.
Jamie Catherwood is a Client Portfolio Specialist at O'Shaughnessy Asset Management and also the author of the popular blog, Investor Amnesia.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:35 - Why we shouldn’t try to make market forecasts.
04:56 - Psychological biases that play into why investors are prone to forecast markets.
08:47 - How we can determine which market forecasts are worth putting weight on.
17:10 - Jamie’s thoughts on the AI craze of 2023.
25:52 - Jamie’s take on where interest rates may head from here.
30:23 - Broader consequences of zero percent interest rates and loose monetary policy.
33:59 - Historical examples of governments restructuring their debt.
40:47 - How investor access to information has impacted the efficiency of markets.
47:53 - Jamie’s favorite book from 2023.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
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