We ask all our guests on Excess Returns one closing question:
If you could teach one lesson to the average investor, what would it be?
In this episode of Two Quants and a Financial Planner, we compile and discuss the most impactful answers we have received to it. We break down valuable insights on investing and financial planning from experts like Michael Mauboussin, Rick Ferri, Bob Elliott, Andy Constan, Ben Inker, Meb Faber, and more.
We cover a range of crucial topics, including:
Michael Mauboussin: The importance of using base rates in decision making
Rick Ferri: Why simpler investment strategies often work best
Bob Elliott: How true diversification goes beyond just stocks and bonds
Andy Constan: Why most investors don’t actually have an edge
Ben Inker: Understand who’s on the other side of your trades and why they should give you a return
Ehren Stanhope: The importance of position sizing and risk management
Adam Butler: The future may be very different than the past
Meb Faber: The benefits of being a long-term “Rip Van Winkle” investor
Ben Carlson and Michael Batnick: Why there’s no single perfect portfolio for everyone
Chris Davis: Remembering that stocks represent ownership in real businesses
Mike Green and Danial Crosby: Keeping investing in perspective with what truly matters in life
Whether you’re a seasoned investor or just getting started, this episode distills years of wisdom into actionable lessons to improve your financial decision making. We hope you enjoy this highlight reel of some of our favorite guest insights!
Our Guests Gave Us 119 of Their Most Important Investing Lessons: We Give You Our Favorite 12
