Money For the Rest of Us

Nick Maggiulli, Chief Operating Officer at Ritholtz Wealth Management and author of 'The Wealth Ladder', shares insights on how our financial strategies shift as our net worth evolves. He discusses the '0.01% spending rule' to balance expenses and long-term wealth. The role of luck and AI in wealth accumulation is also examined. Maggiulli highlights challenges transitioning between wealth levels and emphasizes the importance of relationships in investment success, along with the unique experiences faced while writing his new book.

The podcast dives into the explosive growth of stablecoins, spotlighting Circle Invest's remarkable IPO success. It contrasts public and private money, emphasizing the emerging role of CBDCs and the risks involved. Listeners learn about the unique mechanics of synthetic vs. true stablecoins and how recent financial crises, like the Silicon Valley Bank collapse, have influenced their stability. Discussions also cover the implications of introducing CBDCs, including privacy concerns and their potential to boost financial inclusion.

Scott Harland, Managing Partner at Rockland Capital, and Greg Dowling, Chief Investment Officer at FEG, delve into the evolving landscape of energy. They discuss the essential balance between traditional and renewable energy sources and the growing role of private sector investments in infrastructure. The duo highlights the skyrocketing energy demands from AI and data centers, exploring sustainable solutions. They also examine the complexities of integrating renewables while managing reliability, and the transformative potential of battery technology in this era.

The U.S. has lost its AAA credit rating, raising red flags for investors. Comparisons to Greece reveal stark differences in debt management. Rising interest rates and a ballooning budget deficit could signal trouble ahead. Critical indicators to watch include political risks and GDP stability. The unique status of the dollar as a reserve currency may cushion some impacts, but tensions loom in governance and economic policies. Investors need to stay alert as the landscape evolves.

Discover how Harvard is tackling its financial crisis with budget cuts and strategic endowment use. The discussion reveals insights into how elite universities manage investments and maintain intergenerational equity. Learn practical financial strategies that individuals can adopt during economic challenges. The podcast also highlights the importance of prudence and adaptability in both institutional and personal finance management.

Explore how bond market ETFs are revolutionizing investing, making it simpler and more affordable. Delve into the evolution of the vast $73 trillion bond market and how technology is reshaping accessibility for everyday investors. Discover the shift from mutual funds to ETFs and the challenges posed by liquidity. The discussion also highlights opportunities for active bond managers to enhance returns through innovative strategies in a changing financial landscape.

Ali Akay, CIO of Carrhae Capital, answers why invest in emerging markets. He also shares with Greg Dowling of FEG insights on China, Mexico, South Korea, Argentina, Greece, Turkey, South Korea, and South Africa.Insiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletterOur Premium ProductsAsset CampMoney for the Rest of Us PlusShow NotesEmerging Unscathed: Featuring Ali Akay—FEG Insight BridgeRelated Episodes474: Are Emerging Markets Bonds a Once-in-a-Generation Opportunity?411: Is Emerging and Frontier Markets Investing Still Worth It? – With Asha MehtaSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The podcast dives into the shifting economic landscape of the U.S., questioning its status as a safe investment haven in 2025. It examines historical narratives from the late 1990s to recent years and discusses the surprising miscalculations surrounding national debt. Additionally, the impact of the U.S. dollar on investment returns and the role of tariffs in shaping global markets are explored. With technological advancements creating new challenges, the show raises critical questions about future investment strategies.

Delve into the complexities of investing in a non-ergodic world where time shapes financial outcomes. Discover the impact of volatility drag and the significance of path dependency on wealth management. Explore how AI is altering personal finance and digital content, leading to shifting audience engagement. The podcast also addresses the struggles of original movies and the rise of franchises in the film industry, all while emphasizing the importance of human insights in navigating today's unpredictable economy.

The discussion dives into the staggering impact of rising U.S. tariffs, revealing how they have contributed to stock market volatility and heightened prices. The podcast also unpacks the complexities of trade deficits, exploring the wealth transfer to foreign interests while raising questions about inequality. Additionally, it addresses how these tariffs affect food costs and housing dynamics, alongside a forecast on the future of global trade. Listeners gain insights into the winners and losers within this shifting economic landscape.