In this episode of 'At Any Rate,' host Evan Raidt is joined by John De Goey, author of 'Bull Shift,' host of 'Make Better Wealth Decisions Podcast,' and a respected portfolio manager.
John shares his extensive journey to becoming a consumer advocate and financial advisor, highlighting his personal financial awakening.
John discusses various biases, emphasizing overconfidence and recency bias, and how they impact our financial decisions.
The conversation delves into the concepts of optimism bias and longevity risk and the importance of diversification.
John offers valuable advice on preparing for economic downturns and the role of financial advisors in providing focus and discipline. He also recommends several insightful books on behavioral finance and shares his views on achieving financial freedom.
The episode wraps up with John providing information on where to find more of his work, including his podcast and latest book.
00:00 Introduction and Guest Welcome
00:33 John Dego's Journey to Financial Advocacy
02:40 Personal Financial Awakening
05:27 Understanding Financial Biases
08:13 Stagflation and Economic Concerns
13:47 Financial Goals and Industry Changes
28:10 The Role of Financial Advisors
31:59 Longevity Risk and Financial Freedom
35:28 Recommended Reading for Financial Literacy
39:32 Conclusion and Where to Find More
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Please make sure you subscribe to John's channels and website. You can find him on his website johndegoey.ca, his podcast Make Better Wealth Decisions Podcast, and buy his book Bull Shift, where all books are sold.
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