William Bernstein

William Bernstein è un ex neurologo e autore di riferimento nella finanza personale, noto per il suo approccio scientifico all'investimento. Nel suo intervento, esplora i quattro pilastri dell'investimento e discute l'importanza di una strategia di allocazione del portafoglio personalizzata. Analizza la differenza tra rischio e incertezza, indicando come eventi inaspettati possano offrire opportunità. Infine, mette in luce come le emozioni degli investitori influenzino le decisioni, sottolineando la necessità di una mentalità a lungo termine.

Dr. William Bernstein, retired neurologist and investment adviser, discusses Treasury Inflation Protected Securities (TIPS), asset allocation, four deep risks, and the cost of income inequality with host Rick Ferri. They also explore the four pillars of investing, measuring the equity risk premium, wealth and trust factors, and give personal finance advice for an Uber driver. The podcast dispels myths about individual stock investors outperforming the market and promotes Bogleheads platforms and resources.

William Bernstein, founder of Efficient Frontier Advisors and author of influential investing books, shares his journey from neurologist to professional investor. He discusses the challenges of changing careers, emphasizing a balance between passion and financial security. Bernstein also reflects on rookie investing mistakes and the emotional aspects of financial decision-making. He highlights the unique mindset needed for successful long-term investing, especially for those transitioning from medicine, and humorously critiques conventional career advice.

William Bernstein, founder of Efficient Frontier Advisors and a former neurologist, shares his insightful journey from medicine to finance. He emphasizes the importance of robust saving habits amidst a consumer-driven culture. Delving into investing strategies, he advocates for a simple three-fund portfolio accessible to all. Bernstein challenges the notion of home ownership as a sound investment, viewing it instead as an expense. The discussion also touches on behavioral finance, cryptos, and the wisdom gained from understanding market psychology and biases.

William Bernstein, a financial theorist and historian, delves into the captivating history of trade. He discusses how spices transformed from common items to symbols of luxury and wealth. Bernstein sheds light on the intriguing connections between sugar trade and Jewish migration to Manhattan. He also offers a fresh take on the Boston Tea Party, emphasizing economic motives over taxation. The conversation highlights the reshaping of trade dynamics, the impact of the Corn Laws in England, and the complex interplay between trade and income inequality today.

Dr. William J. Bernstein, an esteemed investment advisor and author known for his insightful books on asset allocation, discusses the power of sticking with a simple yet effective portfolio over a perfect one that's difficult to maintain. He dives into the psychology surrounding bond investments and the advantages of TIPS for younger investors. Bernstein also addresses the complexities of bond ETFs, emphasizing their risks and rewards. He reflects on his evolving investment philosophy, advocating for personalized strategies that blend mathematical insights with emotional intelligence in investing.

William Bernstein, a renowned financial theorist and neurologist, shares his insights on investing, emphasizing that maximizing success odds is more crucial than chasing returns. He explains why a 2% real return can be impressive and offers a historical perspective on stock market bubbles. Bernstein critiques the financial advice industry, urging the importance of trustworthy advisors. He also discusses the value of including safe assets in portfolios and advocates for delaying Social Security benefits for optimal retirement planning.

Today’s returning guest is Dr. William Bernstein, a neurologist turned investment advisor. Bill’s an author of several books and just released an updated edition of The Four Pillars of Investing, which came out over 20 years ago. In today’s episode, Dr. Bernstein shares two key updates since the first edition. Then we walk through some his best quotes and tie them to both timeless topics and current events like the AI craze and the media’s love for star managers.Click here to listen to Dr. Bernstein’s last appearance on the podcast.-----Follow Meb on Twitter, LinkedIn and YouTubeFor detailed show notes, click hereTo learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com-----Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Subscribe for free here.Follow The Idea Farm: Twitter | LinkedIn | Instagram | Tik Tok-----Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com-----Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. -----Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  Learn more about your ad choices. Visit megaphone.fm/adchoices

Neurologist and professional investor Dr. William Bernstein discusses managing emotions for better investing with Barry Ritholtz. They explore human behavior's influence on investment decisions, the clash between evolutionary traits and financial markets, staying invested during market bottoms, avoiding glamour stocks, and balancing emotional and logical investment behavior.

William Bernstein, ex neurochirurgo e pioniere della finanza, condivide la sua saggezza sugli investimenti. Parla delle quattro colonne fondamentali dell'investimento e dell'importanza della psicologia nelle decisioni finanziarie. Analizza la differenza tra rischio e incertezza, spiegando come il primo sia quantificabile mentre il secondo no. Sottolinea l'importanza di una buona allocazione degli asset e come le emozioni degli investitori possano influenzare il mercato, rendendo le strategie di investimento più complesse di quanto sembri.