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Bogleheads On Investing Podcast

Episode 69: LarrySwedroe talks about his capstone book, Enrich Your Future, host Rick Ferri

Apr 29, 2024
Larry Swedroe, financial expert and author, discusses market efficiency, diversification, and behavioral finance. Topics include the dangers of concentration risk, selling stocks, and navigating investment complexity with confidence and discipline.
58:16

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Risk in investing involves the ability, willingness, and need to take on risk for achieving investment goals.
  • Investors benefit from simple strategies like disciplined asset allocation and rebalancing amid market volatility.

Deep dives

Understanding Risk and Its Three Components

Risk in investing encompasses three critical factors: the ability to handle risk based on factors like investment horizon and labor capital, the willingness to take on risk, and the need for risk to achieve investment goals. Each of these factors plays a crucial role in determining an individual's ideal asset allocation and level of exposure to risky assets versus non-risky assets.

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