The Long Term Investor Peter Lazaroff

The problem with conventional wisdom is that it represents the masses, but there's a whole host of things that conventional wisdom gets wrong. By default, that feeds into what investors get wrong. This episode with Ashby Daniels originally aired in 2023 and was a top interview of the year. Although this is a replay, the content shared is just as relevant today and important to consider for your investing strategy and how you think about risk.
 
Listen now and learn:
What investors get wrong
A new way to think about risk
How to define investment success
 
To see the original show notes, YouTube interview, and resources visit this page: EP 104: Challenging Conventional Wisdom with Ashby Daniels.

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.
 
TIMESTAMPS
(3:32) Blaming the Market Instead of Yourself 
(10:03) Defining Risk 
(16:49) How to Define Investment Success 
(21:33) No Need to Be Smart. Just Don’t Be Stupid 
(30:48) Investing Like an Optimist 
(35:57) The Value of a Financial Advisor 

Michael Kitces is one of the industry’s leading experts on all things financial advice and financial planning. In this live episode recorded at Wealth Management EDGE, Michael explains the evolution of financial advice and how AI might impact the profession going forward. This episode originally aired in 2023 and was a top interview of the year. Although this is a replay, the content shared is just as relevant today and important to consider for the evolution of financial advice.
 
Listen now and learn:
The evolution of financial advice from the 1960s to present
Ways consumers benefit from financial advisors moving up the value chain 
How AI might impact the financial advice profession 
 
To see the original show notes, YouTube interview, and resources visit this page: EP 102: AI and the Evolution of Financial Advice with Michael Kitces [LIVE]

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.
 
TIMESTAMPS: 
(3:33) The Evolution of Financial Advice 
(12:33) The Lack of Barriers to Entry for Giving Financial Advice 
(18:33) The Impact of AI on the Financial Advice Profession 

In this episode, I’m joined by Carl Richards, a Certified Financial Planner (CFP®) and creator of the Sketch Guy column, appearing weekly in The New York Times since 2010. This episode originally aired in 2023 and was a top interview of the year. Although this is a replay, the content shared is just as relevant today and important to consider for your investing strategy.
 
Listen now and learn:
 
How investors fall victim to the behavior gap
What it means to do real financial planning
The best way to avoid “The Big Mistake”
 
To see the original show notes, YouTube interview, and resources visit this page: EP 100: What Real Financial Advice Means with Carl Richards.
 
Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.
 
TIMESTAMPS: 
(04:30) What is the Behavior Gap?
(07:45) Why Investors Get Distracted
(11:05) What Investors Need When Markets Are Scary
(17:30) Real Financial Planning 
(24:30) Getting Ahead vs. Having Enough 
(30:00) The Value of a Real Financial Advisor
 

Dr. Burton Malkiel, author of A Random Walk Down Wall Street, joins the show to talk about the 50th anniversary of his investment classic. This episode originally aired in 2023 and was a top interview of the year. Although this is a replay, the content shared is just as relevant today and important to consider for your investing strategy.
 
Listen now and learn:


The two biggest mistakes investors make
Lessons from market bubbles of the past
Practical ideas for achieving investment success
 
Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.
 
(03:00) What Efficient Market Hypothesis Means for Investors
(19:15) Lessons Learned from The History and Bubbles
(29:00) How Interest Rates Are Impacting Stock Prices
(32:30) The Case for Diversification
(42:05) Behavioral Finance

Khe Hy of Rad Reads and The Examined Life Podcast joins to discuss the pursuit of meaningful wealth by balancing money, time, and happiness.
 
Listen now and learn:
Why not all hours are valued equally and the importance of aligning activities with true life purposes
How the value of money diminishes as wealth growths
The issue with retirement planning that focuses too much on trading time today for more time later
 
Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.
 
(06:18) The Value of Time
(10:12) Diminishing Returns of Money and Marginal Utility
(14:38) Balancing Financial Independence and Time
(20:34) Questioning Financial Independence Conventional Wisdom
(31:36) The Scarcity Mindset and Non-Money Fears
 

How do you choose between a Roth and a Traditional 401(k)? Explore the financial implications of each option as we break down what it means for your current taxes, future gains, and overall retirement strategy. 
 
Listen now and learn:
How to strategically choose the right 401(k) type based on your career stage and future income expectations. Benefits of tax diversification vs tax timing. Practical tips for making the right decisions with your retirement savings. Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.