How to Be an Aggressive Stock Investor

Some theorists have said that young investors should leverage up and own as much in stocks as they possibly can through things like leaps. It is far better to start with a conservative allocation and see how you respond to it, he says. "There's really no one size fits all," John Sutter writes.

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On today’s episode of The Long View podcast, we welcome back William Bernstein. This is Bill’s third appearance on the podcast. In fact, he was our very first guest back when we started The Long View in 2019. Bill is a neurologist turned investment advisor. He is also the author of several books, including The Intelligent Asset Allocator, The Four Pillars of Investing, If You Can: How Millennials Can Get Rich Slowly, and The Delusion of Crowds. Bill has just come out with a new edition of The Four Pillars of Investing. So, we wanted to have him on to discuss the new book and what’s changed since that book’s original publication more than 20 years ago.

Background

Bio

The Four Pillars of Investing, Second Edition

The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk

If You Can: How Millennials Can Get Rich Slowly

The Delusion of Crowds: Why People Go Mad in Groups

“Bernstein: ‘I Don’t Think the System Needs Nudges. I Think the System Needs Dynamite,’” The Long View podcast, Morningstar.com, May 7, 2019.

“Bill Bernstein: We’re Starting to See all of the Signs of a Bubble,” The Long View podcast, Morningstar.com, March 10, 2021.

The Four Pillars of Investing

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