Listened to this episode twice, then print out the transcript to follow carefully since a lot of interesting statistics being referred to . (Love that you always have the transcript for non-English native to catch up.) Too many gems! The book you read, the answer for the listener's question, the main topics itself, including side-story of old-day Felix : ) They are all wonderful. I listened and read and nodded and smiled to myself. Love your podcast.
Based on the timing of csi and rr episodes from the past couple years, Ben and Cameron would have been successful active managers. The spac episode, the tech revolution episode, the bear market csi episode, small cap value episode, as well as many others were timed just about right. I’m not suggesting active management works, it’s just ironic that they would have done well.
@@jamescarroll489 No, unfortunately I didn’t make trades based on the information included in individual episodes, but I did start converting individual stocks into indexes over a year ago after listening to multiple episodes. This has helped out my returns as well as peace of mind. I still have more stocks to convert but capital gains are complicating things.
"I believe that the market will see relatively flat growth as the global economic environment stabilizes," Mr. Felix continues. In this kind of environment, he believes in having "professional active management … as an integral part of his investment plan."
You only have access to your created account portfolio on the website where transferred investments are displayed and your daily profit too from each trade session
Since 1802, the value of an investment in US stocks has been winding around a long term trend which grows by 6.5% per year plus inflation. Why should we consider a 200+ year trend an anomaly that will likely not continue?
These data from 1900's is super scary. I dont even feel comfortable now as an adult in 20s in my VEQT investment knowing that that has been decade long periods of bear markets or decades of bonds being a loss :(. How to I keep my money protected against inflation without fearing long decades of war or bearish markets?
Looking forward to Cochrane's interview. The reference I think is to 'Dog that did not bark' where he creates the data artificially in which forecastability works perfectly but the statistical test _still_ fails out of sample because of how noisy the data is. In particular, using short periods to forecast future does not work due to the noise hence diagnostic vs test, and the caveat is that the diagnostic is expected to fail due to sparse noisy data.
Listened to this episode twice, then print out the transcript to follow carefully since a lot of interesting statistics being referred to . (Love that you always have the transcript for non-English native to catch up.) Too many gems! The book you read, the answer for the listener's question, the main topics itself, including side-story of old-day Felix : ) They are all wonderful.
I listened and read and nodded and smiled to myself. Love your podcast.
20 minutes of fear and joy. Thanks.
Listening to the episode's opening, I just want to add: your content in yb is by far the best one available. Keep the good work!
Big thanks for suggesting to slow down from 2x speed for the predictability section, you were right
Excellent episode. Very interesting topics. As always, amazing job. Thanks
Based on the timing of csi and rr episodes from the past couple years, Ben and Cameron would have been successful active managers. The spac episode, the tech revolution episode, the bear market csi episode, small cap value episode, as well as many others were timed just about right. I’m not suggesting active management works, it’s just ironic that they would have done well.
Had the same experience during early pandemic. Can confirm. Did you buy PTON when Cameron mentioned it? ;)
@@jamescarroll489 No, unfortunately I didn’t make trades based on the information included in individual episodes, but I did start converting individual stocks into indexes over a year ago after listening to multiple episodes. This has helped out my returns as well as peace of mind. I still have more stocks to convert but capital gains are complicating things.
Great Podcast. I allways listen to your news.
Thank goodness for VT.
"I believe that the market will see relatively flat growth as the global economic environment stabilizes," Mr. Felix continues. In this kind of environment, he believes in having "professional active management … as an integral part of his investment plan."
You only have access to your created account portfolio on the website where transferred investments are displayed and your daily profit too from each trade session
Since 1802, the value of an investment in US stocks has been winding around a long term trend which grows by 6.5% per year plus inflation.
Why should we consider a 200+ year trend an anomaly that will likely not continue?
community.rationalreminder.ca/t/us-stock-market-vs-the-rest-of-the-world/11819
Great Podcast.
I don't know if you can count getting older as a creative way of saving money.
"Don't be a logic bully" 😉
If I weren’t so in love with Tesla, I’d follow this sage advice closely. I’m weak
Hows that workin out for ya?
good bad advice lol
First /s
I learnt something not related to finance during this podcast: that the word 'shambolic' isn't used as much in Canada as it is here in Australia :-)
These data from 1900's is super scary. I dont even feel comfortable now as an adult in 20s in my VEQT investment knowing that that has been decade long periods of bear markets or decades of bonds being a loss :(. How to I keep my money protected against inflation without fearing long decades of war or bearish markets?
Those were individual country data. Global investors have fared better.
Looking forward to Cochrane's interview. The reference I think is to 'Dog that did not bark' where he creates the data artificially in which forecastability works perfectly but the statistical test _still_ fails out of sample because of how noisy the data is. In particular, using short periods to forecast future does not work due to the noise hence diagnostic vs test, and the caveat is that the diagnostic is expected to fail due to sparse noisy data.