How to Beat the Market and Get Great Returns?

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The S&P underperformed totally riskless one month treasury bill for at least 13 years. Value strategies have much higher persistence of performance than the market, but they do go through long periods. If you can't stick it out and you've in value stocks and they have three or four years of bad underperformance, your stomach grinds you panic and sell. It's simple, but it's not easy because of our stomachs often take control.

IN THIS EPISODE, YOU’LL LEARN:

06:00 - The key to a winning investment strategy.
12:02 - What percentage of stocks actually outperform the market?
14:08 - Why active strategies such as active management, stock picking and market timing are “losing strategies”?
24:01 - Do markets value stocks correctly?
28:09 - Disentangling market efficiency with the concept of current valuation.
33:54 - How Warren Buffett’s outperformance can be explained by factors.
38:45 - How investors can improve their long run returns through factor investing.
39:12 - The 5 rules factors must meet to invest in them.
60:12 - Larry’s guide on how to think about allocating your portfolio between investing in US equities vs International equities vs Emerging Market equities.
67:18 - Why all factor ETFs are not created equal and which are best to invest in?
67:18 - The 3 characteristics to look for when comparing factor ETFs.
01:10:18 - How long you have to hold these investments to earn the expected premium?
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Check out Larry’s Book: The Only Guide to a Winning Investment Strategy You'll Ever Need.
Check out Larry’s Book: Think, Act, and Invest Like Warren Buffett: The Winning Strategy to Help You Achieve Your Financial and Life Goals.
Check out Larry’s Book: Investment Mistakes Even Smart Investors Make and How to Avoid Them.
Check out Larry’s Book: Your Complete Guide To Factor-Based Investing.
Check out Larry’s Book: The Incredible Shrinking Alpha: How to be a successful investor without picking winners.
Check out: Buckingham Wealth Partners.
Check out Larry’s writings: Alpha Architect.
Related Episode: High Returns From Low Risk Investing w/ Pim Van Vliet - MI221.

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