Money For the Rest of Us

J. David Stein
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Money For the Rest of Us

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

  1. 5 DAYS AGO

    Optimization, AI and Opting Out with Coco Krumme

    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. Episode Sponsors NetSuite  Delete Me – Use code David20 to get 20% off Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp Money for the Rest of Us Plus 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 See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    34 min

  2. DEC 11

    Indexing Bubble and Asset Class Returns Still Revert to the Mean

    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? Sponsors NetSuite - Download the CFO’s Guide to AI and Machine Learning LegalZoom - Use code David10 to 10% off Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp 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.

    31 min

  3. DEC 4

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

    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? Sponsors Delete Me – Use code David20 to get 20% off LegalZoom - Use code David10 to 10% off Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp Money for the Rest of Us Plus Show Notes American productivity still leads the world—The Economist The Outlook for Long-Term Economic Growth by Charles I. Jones—Federal Reserve Bank of Kansas City How Much Will Global Warming Cool Global Growth? by Ishan B. Nath, Valerie A. Ramey, and Peter J. Klenow—UC San Diego Technology and demand drivers of productivity dynamics in developed and emerging market economies by Alistair Dieppe, Neville Francis, and Gene Kindberg-Hanlon—European Central Bank Capitalism is in worse shape in Europe by Ruchir Sharma—The Financial Times The Mother of All Bubbles by Ruchir Sharma—The Financial Times The Curious Incident of the Elevated Profit Margins by James Montier—GMO Federal Surplus or Deficit [-] as Percent of Gross Domestic Product - FRED Euro area government deficit at 3.6% and EU at 3.5% of GDP—eurostat End of an era: The coming long-run slowdown in corporate profit growth and stock returns by Michael Smolyansky—Federal Reserve Board Should investors just give up on stocks outside America?—The Economist Related Episodes 500: The S&P 500 Index and the Decade Ahead 499: What Makes an Economy Prosperous? Spotlight on Cuba and Argentina 343: Why the Productivity Slowdown Could Lead to Lower Living Standards See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    24 min

  4. NOV 20

    Should You Invest in Nuclear Energy?

    Why has there been renewed interest in nuclear power generation in the last couple of years, and how can we invest in it? Topics covered include:Why did Microsoft sign an agreement to reopen a nuclear reactor at the infamous Three Mile Island nuclear facilityHow much does nuclear energy contribute to global power generationWhy is demand for electricity acceleratingWhat are the advantages and challenges with nuclear energyWhat investment vehicles individuals can use to invest in nuclear energy Episode Sponsors NetSuite  Delete Me – Use code David20 to get 20% off Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp Money for the Rest of Us Plus Show Notes Microsoft in deal for Three Mile Island nuclear power to meet AI demand by Myles McCormick and Jamie Smyth—The Financial Times Nuclear Power Was Once Shunned at Climate Talks. Now, It’s a Rising Star. by Brad Plumer—The New York Times Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner—YouTube Q&A - Germany’s nuclear exit: One year after—Clean Energy Wire Fukushima Daiichi Accident—World Nuclear Association Chernobyl Accident 1986—World Nuclear Association Nuclear Energy in a Low-Carbon Energy Future—NEI Electricity Mid-Year Update - July 2024—IEA What is U.S. electricity generation by energy source?—U.S. Energy Information Administration How old are U.S. nuclear power plants, and when was the newest one built?—U.S. Energy Information Administration Global price of Uranium—FRED Investments Mentioned Pelican Energy Partners Sprott Physical Uranium Trust Performance (SRUUF) GlobalX Uranium ETF (URA) VanEck Uranium and Nuclear ETF (NLR) Sprott Uranium Miners ETF (URNM) Sprott Junior Uranium Miners ETF (URNJ) Related Episodes 469: Which Will Perform Better: Berkshire Hathaway or Utility Stocks? 384: Has a Commodities Bull Market Supercycle Started? If So, How Do You Invest in It? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    21 min

  5. NOV 13

    Strategies and Systems Want Your Money

    We explore what strategy and systems are and how we craft and change them. We consider how investment strategies and financial systems have changed over the decades and why this matters to your financial decisions. Sponsors LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs Delete Me – Use code David20 to get 20% off Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp Money for the Rest of Us Plus Show Notes Ruminating on Asset Allocation by Howard Marks—Oaktree Capital Michael E. Porter—Harvard Business School This Is Strategy by Seth Godin—Simon & Schuster Victor Meets the Boglehead by Victor Haghani & James White—VettaFi Advisor Perspectives Static vs Dynamic Asset Allocation; Victor Meets the Boglehead—Bogleheads.org Tim Cook on Why Apple’s Huge Bets Will Pay Off By Ben Cohen—The Wall Street Journal Related Episodes 491: The Five Layers of Investing 451: How Much Should You Invest in Stocks? The Art of Position Sizing in a Volatile Market 420: Does a 60/40 Balanced Portfolio Still Work? 397: How To Invest Based on Cycles See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    29 min

  6. NOV 6

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

    In the 500th episode of Money for the Rest of Us, we focus on the S&P 500 Index. How has the index changed, and why have U.S. stocks performed so well? Will U.S. stocks only return 3% in the next decade, as Goldman Sachs predicts. We also discuss major themes covered on Money for the Rest of Us over 500 episodes and what are our plans for the future. Thanks for being a part of Money for the Rest of Us over the past decade. Sponsors NetSuite - Download the CFO’s Guide to AI and Machine Learning Shopify - Sign up for a $1 per month trial period Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp Money for the Rest of Us Plus Show Notes Select Sector Indices Consultation on Constituent Weightings Calculations – Results—S&P Global What Does an Election Year Mean for the Market?—S&P Global The Great Rotation: A potential unwinding of hyper-concentration in the US may favor balanced global portfolios by Brian Chingono—Verdad The Great Rotation (Part 2): The United States’ outsize weighting in commercial indices appears unjustified by its share of global GDP by Brian Chingono—Verdad Decade of Big S&P 500 Gains Is Over, Goldman Strategists Say by Sagarika Jaisinghani—Bloomberg David Stein LinkedIn Post—LinkedIn Vanguard warns investors over company stake limits by Steve Johnson, Will Schmitt, and Brooke Masters—The Financial Times See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    27 min

  7. OCT 30

    What Makes an Economy Prosperous? Spotlight on Cuba and Argentina

    We explore eight things that contribute to a healthy, growing economy and where Cuba and Argentina have fallen short. Topics covered include:Why Cuba continues to have rolling energy blackoutsWhy economic sanctions frequently don't workHow Argentina's President Millei is taking a "chainsaw" to the nation's economyWhy emerging markets will need to change their export-oriented growth trajectoryWhat are the risks to the long-term health of the U.S. economy Sponsors Monarch Money – Get an extended 30-day free trial LegalZoom - Use code David10 to 10% off Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp Money for the Rest of Us Plus Show Notes Cuba is out of supplies and out of ideas—The Economist Cuba plunged into crisis by long power blackouts by Ed Augustin—The Financial Times  Power Outage Plunges All of Cuba Into Darkness by Frances Robles—The New York Times Why Economic Sanctions Backfire: The Role of Emigration in the Venezuelan Case by Nicolás Idrobo—SSRN The Impact of the Cuban Adjustment Act on Cuban Immigrants in the US by Tamarys Bahamonde—SSRN How is Javier Milei performing after nearly 11 months in office? by Michael Stott and Ciara Nugent—The Financial Times The weakest links in the global economy are on the mend by Ruchir Sharma—The Financial Times Argentina’s poverty rate soars above 50% under Javier Milei by Ciara Nugent—The Financial Times Argentina Inflation Slows to 2021 Levels in Win For Milei by Manuela Tobias—Bloomberg Argentina’s economy minister strikes defiant note on default risk by Ciara Nugent and Michael Stott—The Financial Times Argentine Debt Rises Out of Distress Territory on Milei Reforms by Kevin Simauchi—Bloomberg Argentina Scrapped Its Rent Controls. Now the Market Is Thriving. by Ryan Dubé—The Wall Street Journal Developing Countries Can’t Count on Manufacturing to Supercharge Growth by Kai Schultz and Shruti Srivastava—Bloomberg Related Episodes 411: Is Emerging and Frontier Markets Investing Still Worth It? – With Asha Mehta 409: What Is the IMF and Why Is It Controversial? 233: Is An Emerging Markets Crisis Imminent? 93: Capitalism, Complexity and Cuba See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    23 min

  8. OCT 23

    Ten Things I've Learned About Investing in the Past Decade

    In episode 498, David shares how his investing has changed over the past ten years and lessons you can apply to your portfolio.Document Your JourneyKeep ExperimentingBe Willing to Adopt New Asset ClassesBe Very PatientTrade Less, Focus On Long-term DriversMonetary DiversificationDon't Focus on Relative PerformanceIgnore the NoiseTake Your TimeThere Is No Right Way to Invest Sponsors NetSuite  Delete Me – Use code David20 to get 20% off Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp Money for the Rest of Us Plus Show Notes The Investor Podcast 668: What I Learned About Investing w/ Stig Brodersen Related Episodes 454: How To Invest – Ten Rules of Thumb for Individual Investors 423: A “Safe” 6% Yield: The Case for Investment Grade CLOs 372: When Should You Sell An Investment? 336: Own What Is Real See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    30 min
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out of 5
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About

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

Information

  • Creator
    J. David Stein
  • Years Active
    2014 - 2024
  • Episodes
    521
  • Rating
    Clean
  • Copyright
    © All rights reserved
  • Show Website
    Money For the Rest of Us

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