The Rational Reminder Podcast

David Blanchett: Regret Optimized Portfolios, and Optimal Retirement Income (EP.254)

19 snips
May 25, 2023
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1
Introduction
00:00 • 3min
2
The Difference Between Risk Aversion and Regret Aversion
03:18 • 2min
3
The Role of Risk in Investing
05:23 • 3min
4
How to Model Regret Assets to Avoid Bad Behavior
08:02 • 3min
5
Portfolio Optimization for Speculative Assets
11:17 • 2min
6
How to Choose the Right Regret Benchmark for Your Portfolio
13:20 • 3min
7
The Effect of Optimizing Over Regret on Risk Aversion
16:03 • 4min
8
The Benefits of Diversifying Your Portfolio
19:36 • 2min
9
The Role of Defaults in Legitimate Decision Making
21:21 • 5min
10
How to Choose a Regret Benchmark
26:41 • 4min
11
The Downsides of Modeling the Retirement Liability as a Single Constant Inflation-Adjusted Amount
30:19 • 5min
12
The Importance of Understanding Your Spending Relationship
35:37 • 3min
13
How to Model Liability Matching for Individual Investors
38:19 • 3min
14
The Dynamic Spending Rule
40:59 • 4min
15
The Importance of Dynamic Spending Rules
44:37 • 2min
16
The Utility of Monte Carlo for Time Alternatives
46:31 • 2min
17
The Importance of Aggregating Results
48:13 • 4min
18
How to Optimize Your Financial Plan for Utility
52:38 • 3min
19
The So-Called Annuity Puzzle
55:30 • 2min
20
How Advisor Channel Affects Passive Fun Choice
57:49 • 3min
21
The Importance of Compensation in Financial Advice
01:00:45 • 2min
22
The Importance of Location in Equity Returns
01:02:25 • 2min
23
The Home Country Bias Argument
01:04:37 • 3min