Money For the Rest of Us

Auteur(s): J. David Stein
  • Résumé

  • A personal finance and investing podcast on money, how it works, how to invest it and how to live without worrying about it. J. David Stein is a former Chief Investment Strategist and money manager. For close to two decades, he has been teaching individuals and institutions how to invest and handle their finances in ways that are simple to understand. More info at moneyfortherestofus.com

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Épisodes
  • Optimization, AI and Opting Out with Coco Krumme
    Dec 18 2024

    In our final episode of the year, I converse with author and data scientist Coco Krumme about the benefits and costs of optimization in finance, industry, and our daily lives. We explore AI and its overlap with optimization. We also consider the pros and cons of life optimization and finally discuss the extreme challenge of opting out.

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    Show Notes

    Optimal Illusions: The False Promise of Optimization by Coco Krumme—Penguin Random House

    cocofolio.com

    Coco Krumme—LinkedIn

    Related Episode

    480: Beyond Faster (T+1) Trade Settlement: The Hidden Costs of Optimization

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    34 min
  • Indexing Bubble and Asset Class Returns Still Revert to the Mean
    Dec 11 2024

    How asset class returns move in cycles with periods of above-average returns followed by periods of lower returns. How has the rise of passive indexing led to higher stock valuations, and what does that mean for markets?

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    Our Premium Products

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    Money for the Rest of Us Plus

    Show Notes

    The Equity Risk Premium: Nine Myths (JPM Series) by Rob Arnott—Research Affiliates

    The Greatest Scourge in Factorland: Revaluation Alpha = Fake Alpha (JPM Series) by Rob Arnott—Research Affiliates

    PASSIVE INVESTING AND THE RISE OF MEGA-FIRMS by Hao Jiang, Dimitri Vayanos, and Lu Zheng—NBER

    Limits to Diversification: Passive Investing and Market Risk by Lily H. Fang, et al.—SSRN

    Related Episodes

    503: U.S. Stocks Have Never Been This Overhyped or Expensive

    500: The S&P 500 Index and the Decade Ahead

    468: Lessons from Japan’s 34 Years of Stock Market Underperformance

    390: Are BlackRock and Vanguard Too Big and Powerful?

    234: Index But Don’t Herd


    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    31 min
  • U.S. Stocks Have Never Been This Overhyped or Expensive
    Dec 4 2024
    What are the tangible and intangible factors that have contributed to long-term U.S. stock market outperformance compared to the rest of the world? Despite these advantages, why might we still want to continue to be globally diversified?SponsorsDelete Me – Use code David20 to get 20% offLegalZoom - Use code David10 to 10% offInsiders 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 NotesAmerican productivity still leads the world—The EconomistThe Outlook for Long-Term Economic Growth by Charles I. Jones—Federal Reserve Bank of Kansas CityHow Much Will Global Warming Cool Global Growth? by Ishan B. Nath, Valerie A. Ramey, and Peter J. Klenow—UC San DiegoTechnology and demand drivers of productivity dynamics in developed and emerging market economies by Alistair Dieppe, Neville Francis, and Gene Kindberg-Hanlon—European Central BankCapitalism is in worse shape in Europe by Ruchir Sharma—The Financial TimesThe Mother of All Bubbles by Ruchir Sharma—The Financial TimesThe Curious Incident of the Elevated Profit Margins by James Montier—GMOFederal Surplus or Deficit [-] as Percent of Gross Domestic Product - FREDEuro area government deficit at 3.6% and EU at 3.5% of GDP—eurostatEnd of an era: The coming long-run slowdown in corporate profit growth and stock returns by Michael Smolyansky—Federal Reserve BoardShould investors just give up on stocks outside America?—The EconomistRelated Episodes500: The S&P 500 Index and the Decade Ahead499: What Makes an Economy Prosperous? Spotlight on Cuba and Argentina343: Why the Productivity Slowdown Could Lead to Lower Living StandardsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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    24 min

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