Onto my 4th listening and taking notes. This is simply everything you would ever need to know about Factors and also the pearls about what can be sensibly predicted about the future for example returns must become lower with such high valuations. Thank you so much.
This is a gem of a discussion. The questions are outstanding and I appreciate how you let Paul and Rick talk. Their differences are interesting points in and of themselves. All this to say that the discussion is helping me think more deeply about how to reposition our portfolio. Thanks!
Both Paul and Rick are great guys. Rick made an effective point "you dont actually need to do value investing if you have a third of your money in international stocks " from 33:37
That's not true. International stock will usually be large cap/medium cap, so putting 30% in International Stock is totally different from having 10 assets classes (like in the Paul's Ultimate Buy&Sell Portfolio)
As of 10/30/2024, international stock index fund VTIAX has returned 5.56% from 11/29/2010, which is significantly worse than U.S. small cap value ETF VIOV, which has returned 11.43% since 09/07/2010. Ferri's argument is inconsistent.
As of 10/30/2024, VTIAX has returned 5.56% from 11/29/2010, which is significantly worse than VIOV, which has returned 11.43% since 09/07/2010. But Rick Ferri keeps insisting on international diversification. I don't see why Rick Ferri has no hesitation recommending international stocks, but has a very hard time recommending SCV.
Why is Rick Ferri saying small cap didn’t have a premium from the ‘80s? Just looking at 2000-2009, S&P 500 lost 1% each year compounded while small cap value had positive returns.
Is Paul only giving the icing on the cake with 0.5% through small cap value? Over 54 years, what Paul is recommending has given two cakes instead of just one, along with the icings on both of them.
This video deserves five million+ views.
Onto my 4th listening and taking notes. This is simply everything you would ever need to know about Factors and also the pearls about what can be sensibly predicted about the future for example returns must become lower with such high valuations. Thank you so much.
Glad you have found it so useful!
This is a gem of a discussion. The questions are outstanding and I appreciate how you let Paul and Rick talk. Their differences are interesting points in and of themselves. All this to say that the discussion is helping me think more deeply about how to reposition our portfolio. Thanks!
It's always fun to get these guys together!
Both Paul and Rick are great guys. Rick made an effective point "you dont actually need to do value investing if you have a third of your money in international stocks " from 33:37
How are those two things the same?
That's not true. International stock will usually be large cap/medium cap, so putting 30% in International Stock is totally different from having 10 assets classes (like in the Paul's Ultimate Buy&Sell Portfolio)
As of 10/30/2024, international stock index fund VTIAX has returned 5.56% from 11/29/2010, which is significantly worse than U.S. small cap value ETF VIOV, which has returned 11.43% since 09/07/2010. Ferri's argument is inconsistent.
Great discussion, many thanks!
Great conversation. Thank you for the discussion.
Glad you enjoyed it.
Great conversation
I found Rick’s position is a lot more convincing.
As of 10/30/2024, VTIAX has returned 5.56% from 11/29/2010, which is significantly worse than VIOV, which has returned 11.43% since 09/07/2010. But Rick Ferri keeps insisting on international diversification. I don't see why Rick Ferri has no hesitation recommending international stocks, but has a very hard time recommending SCV.
Why is Rick Ferri saying small cap didn’t have a premium from the ‘80s? Just looking at 2000-2009, S&P 500 lost 1% each year compounded while small cap value had positive returns.
Is Paul only giving the icing on the cake with 0.5% through small cap value? Over 54 years, what Paul is recommending has given two cakes instead of just one, along with the icings on both of them.
Half half and half half half. So he’s designed a 50/50/50/50/50 portfolio. 😂
Omg this comment is still funny