The Long View

Ben Felix, Chief Investment Officer at PWL Capital and co-host of the Rational Reminder podcast, shares his transition from mechanical engineering to finance. He discusses his journey from early disappointments with actively managed funds to advocating for evidence-based portfolio strategies. The conversation dives into home country bias in investments, the role of cryptocurrency, and the importance of transparency in investment fees. Ben emphasizes personalized financial strategies and reflects on the evolving landscape of Canadian retail investing.

Jason Zweig, a renowned financial journalist and author of 'The Intelligent Investor' column in The Wall Street Journal, dives into the wisdom of Benjamin Graham's investing philosophy. He addresses the anxiety surrounding today's markets and the importance of foundational investment principles. Zweig emphasizes essential virtues like discipline and independence, offering strategies to navigate market chaos and avoid emotional pitfalls. He also touches on the connection between personal finance and mentorship, inviting a younger generation to embrace investing.

JL Collins, a leading voice in financial independence, returns to discuss the updated edition of his bestseller, The Simple Path to Wealth. He shares timeless investment philosophies and emphasizes the importance of personal resilience in achieving financial goals. The conversation tackles student debt and strategic investment approaches, advocating for simplicity in investing. Using a humorous beer metaphor, JL distinguishes between speculative bubbles and solid investments, while promoting low-cost index funds for effective diversification.

In this engaging conversation, Arunma Oteh, former treasurer of the World Bank and Nigeria's SEC Director General, discusses the pivotal role of development banks in fostering societal innovations. She shares personal insights on financial literacy, emphasizing its importance in youth education. Oteh also recounts her leadership journey through Nigeria's post-crisis financial landscape, revealing challenges she faced, including political pressures and corruption allegations, highlighting the need for integrity in public service.

Daniel Rasmussen, founder of Verdad Advisors and author of 'The Humble Investor,' shares insights from his impressive finance background. He emphasizes the importance of historical context in investment decisions. Rasmussen critiques private equity for its inflated valuations and high risks, advocating for caution in selecting illiquid assets. He discusses the unpredictability of markets and the value of understanding volatility. Additionally, he highlights opportunities in smaller companies and shares strategies for navigating economic uncertainties.

David Booth, Chairman of Dimensional Fund Advisors and a pioneer in passive investing, shares his insights on finance and art. He discusses how innovative investment strategies emerged from collaboration and thoughtful education at the University of Chicago. Booth delves into the historical performance of small-cap stocks and the crucial role of client trust in turbulent markets. He also reflects on the connection between wealth and art, emphasizing the significance of meaningful investments and the impactful legacies they create.

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.