

The Rational Reminder Podcast
Benjamin Felix, Cameron Passmore, and Dan Bortolotti
A weekly reality check on sensible investing and financial decision-making, from three Canadians. Hosted by Benjamin Felix, Cameron Passmore, and Dan Bortolotti, Portfolio Managers at PWL Capital.
Episodes
Mentioned books

53 snips
Oct 2, 2025 • 1h 16min
Episode 377: Investing in Your Health
Investing in your health is just as crucial as financial planning. The hosts discuss how exercise, nutrition, sleep, and mental well-being are interconnected, highlighting the power of small, consistent habits. Benjamin Felix shares his personal cancer journey, emphasizing early detection and awareness. They explore the benefits of exercise for longevity and outline key nutrition principles amidst conflicting information. The importance of strong relationships and mental health is also underscored, connecting it all back to leading a fulfilling life.

180 snips
Sep 25, 2025 • 57min
Episode 376: Climbing The Wealth Ladder
Nick Maggiulli, COO at Ritholtz Wealth Management and author, discusses his innovative framework for building wealth in his new book. He outlines six wealth levels and explains how financial strategies should evolve as net worth increases. Nick introduces the 0.01% rule for spending and the importance of income in wealth accumulation. He highlights the opportunity cost of time, challenges of extreme wealth, and the need to build non-financial forms of wealth. Join Nick for a data-driven approach to financial independence and understanding what 'enough' truly means.

69 snips
Sep 18, 2025 • 1h 14min
Episode 375: Covered Calls: A Devil's Bargain
Dive into the intriguing world of covered calls, where lofty yield claims often mask underlying risks. Discover how these strategies can cap equity upside and expose investors to downside dangers. The discussion highlights the behavioral biases driving demand for income, while revealing the stark reality of extreme single-stock covered call ETFs. With real fund performance comparisons and critical insights, it's clear: if it sounds too good to be true, it probably is. This episode unpacks the devil's bargain lurking in enticing yield promises.

70 snips
Sep 11, 2025 • 56min
Episode 374: The Underperformance of Target Date Funds
David C. Brown, Associate Professor of Finance at the University of Arizona, dives deep into the world of target date funds (TDFs). He reveals the surprising underperformance and high fees that plague these common retirement investments. Discussion highlights include the challenges of benchmarking TDFs, variations in glide paths, and how active versus passive management affects returns. Brown also introduces innovative ideas like 'indexing the indexers' to improve outcomes. Plus, he shares a fun side project involving Excel competitions that puts a twist on finance education!

171 snips
Sep 4, 2025 • 1h 22min
Episode 373: Asset Allocation in Practice
Louai Bibi, a financial planner at PWL Capital, and Ben Wilson, the head of M&A architecture at PWL, share valuable insights on asset allocation. They delve into how personal life stories shape financial decisions, emphasizing the delicate balance between stocks and bonds. The discussion covers Monte Carlo simulations, the psychology behind risk tolerance, and why diverse portfolios matter. They also highlight intriguing stock return outliers and discuss the impact of advisor alignment on successful wealth management.

Aug 28, 2025 • 1h 7min
Episode 372: Elie Hassenfeld - (Approximately) Optimal Philanthropy
Elie Hassenfeld, Co-Founder and CEO of GiveWell, discusses the intersection of data, ethics, and philanthropy. He explains how GiveWell uses rigorous evaluations to maximize the impact of charitable giving, advocating for transparency and moral considerations in donor decisions. Elie shares insights into the challenges of directing nearly $400 million annually toward effective health initiatives, the often-overlooked global health interventions, and the philosophical dilemmas faced in prioritizing interventions that save lives versus improving incomes.

49 snips
Aug 21, 2025 • 56min
Episode 371: Banks Sell Products, Not Advice
Connor and Taylor Hewson, co-owners of TCM Financial Studio, bring their expertise in client-focused financial planning to the forefront. They discuss the recent study revealing that Canadian banks prioritize product sales over genuine advice. The Hewsons emphasize the importance of relationship-building, ethics, and higher educational standards in financial advising. They also reflect on their journey towards providing evidence-based advice and the impact of community initiatives, like the Blossom Investor Tour, aimed at empowering DIY investors.

104 snips
Aug 14, 2025 • 1h 32min
Episode 370: Dave Chilton (The Wealthy Barber): Timeless Financial Advice
Dave Chilton, author of The Wealthy Barber and former star of Dragon's Den, shares his timeless financial wisdom shaped by years of simplifying personal finance for Canadians. He discusses the importance of understanding human behavior in financial decisions rather than just focusing on investments. Chilton dives into the hidden costs of homeownership, the debate between debt repayment and investing, and the significance of emotional responses in investing. Expect humor and relatable advice as he reflects on his journey and the evolution of financial literacy.

345 snips
Aug 7, 2025 • 1h 14min
Episode 369: The Most Important Quotes in Investing
Celebrate the 7th anniversary with a dive into timeless investing wisdom. Discover impactful quotes that encapsulate key financial insights, such as the importance of saving early and the dangers of behavioral biases. The hosts discuss how psychological resilience and personal planning trump market predictions. Learn strategies to tackle investment fears and the benefits of passive investing. They emphasize the balance between confidence and humility, urging a focus on controllable investment factors. Tune in for a masterclass on applying these principles to your financial journey!

38 snips
Jul 31, 2025 • 1h 13min
Episode 368: Jim Rowley & Andy Maack - Implementing Index Funds at Vanguard
Join Jim Rowley, Vanguard's Global Head of Investment Implementation Research, and Andy Maack, Head of US Equity Portfolio Management, as they dissect the complexities of index funds. They reveal that these funds aren't as passive as they seem, discussing real-time trading decisions and active strategies that enhance returns. The duo explores risk management during secondary offerings, challenges the traditional active versus passive labels, and shares insights on how thoughtful execution adds real investor value. Get ready to rethink what you know about indexing!