The Long View

Cullen Roche, founder of the Discipline Funds and author of 'Pragmatic Capitalism,' returns with insightful perspectives on tariffs and their effects on investment portfolios. He critiques U.S. tariff policies, highlighting misconceptions around trade and job loss. The discussion shifts to the importance of long-term strategies and global diversification to manage risks. Roche also teases his upcoming book, 'Your Perfect Portfolio,' aimed at helping individuals develop personalized investment strategies tailored to their goals.

Vincent Montemaggiore, a seasoned portfolio manager at Fidelity, shares invaluable insights on navigating tariffs and market disruptions. He discusses the importance of high gross profit margins and pricing power for robust investment strategies. The conversation highlights the shift towards European growth opportunities and the significant role of AI in enhancing business efficiencies. Montemaggiore emphasizes maintaining an objective perspective to counter behavioral biases and the necessity of collaboration in investment firms to tackle uncertainties.

In this insightful conversation, Jean Chatzky, CEO of HerMoney.com and financial expert, addresses the unique financial challenges women face, from retirement savings to caregiving roles. She discusses the importance of building financial independence and the role of empathy in financial advising. Chatzky also emphasizes the evolving FIRE movement among younger women and the need for proactive financial discussions in relationships. With her wealth of experience, she offers valuable insights on forging a more empowered financial future.

Dr. Jay Zigmont, a certified financial planner and founder of Childfree Wealth, discusses the unique financial realities faced by child-free individuals. He debunks myths about this lifestyle, emphasizing income equality among child-free households. The conversation explores tailored financial strategies, the importance of personal values in spending, and the significance of careful estate planning. Jay also introduces the 'Die with Zero' approach, encouraging listeners to enjoy their wealth now while considering future care plans.

Sudarshan Murthy, co-portfolio manager at GQG Partners and an expert in global equities, shares insightful perspectives on emerging markets. He discusses India's economic evolution, emphasizing reduced regulations and a burgeoning middle class. Sudarshan also highlights the resilience of Indonesia’s banking sector and Brazil’s financial landscape. Moreover, he contrasts China's economic growth with its stock market performance, revealing the rising sentiment towards these markets. He examines the recent shifts in investor perspectives and the sustained improvements over the past decade.

Barry Ritholtz, co-founder and chief investment officer of Ritholtz Wealth Management, shares profound insights on the art of investing. He emphasizes the unpredictable nature of markets and the vital need for cautious strategies. Ritholtz also discusses the illusions of forecasting and the importance of admitting ignorance in finance. He critiques emotional investing, advocating for well-being over status in financial decisions. With a mix of humor and wisdom, he reveals how learning from mistakes is key to navigating market cycles.

Mellody Hobson, Co-CEO of Ariel Investments and author of 'Priceless Facts About Money,' dives into the crucial conversation about financial literacy for children. She shares her personal journey and the challenges she faced growing up, highlighting the impact of early financial education. The discussion emphasizes nurturing young financial minds through relatable narratives and innovative teaching methods. Mellody also addresses the importance of purpose over profit for young women in the workforce, advocating for long-term goals and meaningful professional connections.

Ramit Sethi, a personal finance expert and bestselling author, shares insights on fostering healthier financial discussions in relationships. He emphasizes the importance of aligning on key financial numbers and practicing open communication to prevent conflict. Discussing the evolution of income dynamics, Ramit highlights the need for modern couples to balance individuality with joint finances while avoiding financial infidelity. His strategies aim to transform money conversations into enriching experiences, ensuring couples can navigate their financial futures together.

Louis-Vincent Gave, founding partner and CEO of Gavekal Group, shares his journey from France to China and his unique insights on the macroeconomic rise of China. He discusses the competitive landscape of China's automotive industry and highlights innovations like flying cars. Gave delves into China's financial resilience amid global challenges and examines geopolitics, particularly regarding Taiwan and India. He also addresses the U.S. energy landscape and dollar dynamics, emphasizing the implications for global investments and Europe's financial climate.

Dr. Preston Cherry, a finance expert and author, dives into the vital link between money and personal values. He shares insights from his book on achieving financial harmony, emphasizing that happiness can indeed stem from financial well-being. The conversation covers how to redefine retirement as a joyful pursuit, and why adapting financial plans to align with life stages is essential. Dr. Cherry also highlights the profound influence of family on financial attitudes, advocating for a balanced approach to both present enjoyment and future stability.