Robin Powell is a journalist and broadcaster, campaigning for positive change in the investing industry. Each week, Robin speaks to genuine experts in the field to find out the truth about investing. This podcast is brought to you by Regis Media, a specialist provider of content marketing to advisory firms around the world.
Ep 40 Meir Statman on surviving the bear market
Robin Powell's guest n this episode we’re discussing the bear market with the world-renowned behavioural scientist Meir Statman.
He’s the Glenn Klimek Professor of Finance at Santa Clara University.
What happens in the minds of investors when markets fall?
And how can we stop ourselves acting irrationally?
Professor Statman has some fascinating insights on those questions and more.
And, you may be pleased to hear, even he is not immune to feeling anxious when stock prices head south.
He also has some very interesting advice for young people tempted to invest in cryptocurrencies.
TEBI Podcast 39: Why are Woodford investors still in limbo?
Neil Woodford is Britain's best-known fund manager. For many years his track record was very impressive. He was lauded in the media. He was even referred to by the BBC as "the man who can't stop making money.”
But then things began to go wrong and, three years ago, the wheels came off in spectacular fashion, when his flagship Equity Income fund was suspended.
The industry, of course, as the industry usually does, did really rather well out of it. Woodford Equity Income was Britain's biggest fund launch. The fund earned a fortune for Woodford himself and for the many brokers and platforms who helped to promote it.
The outcome for investors, however, was rather different. More than 300,000 people — many of them near, or already in, retirement — lost more than £1 billion between them in one of the biggest financial scandals of modern times.
Robin Powell's guests on this episode are two highly respected journalists who have each written a book on the Woodford saga — Owen Walker and David Ricketts.
TEBI Podcast 38: Antti Ilmanen on investing in a low-return environment
Investors need to be realistic.. and that means accepting the strong possibility that returns will be lower in the future than they have been in the past. Why? Well, equities rose to all-time highs as the economy recovered from the Covid crisis.
And the higher the price you pay for a security, the lower your expected return going forwards.
So, what other evidence is there that future returns will be lower? And, if it’s true, what if anything can, or should, investors do about it?
In the latest episode, Robin Powell talks to Antti Ilmanen, an investment strategist at AQR Capital Management in Greenwich, Connecticut.
He’s the author of a new book, Investing Amid Low Expected Returns: Making the Most When Markets Offer the Least.
Ep 37: Craig Lazzara on the volatile start to 2022
We live in interesting times. War in Ukraine, energy worries, inflation and a possible global recession. It's no surprise, then, that stock markets around the world have fallen considerably, and there seems to be no end in sight to the current volatility.
We wouldn’t be human if "headline anxiety" didn’t have an impact on us.
Robin Powell's guest on this episode is Craig Lazzara from S&P Dow Jones Indices. Craig puts recent market volatility into historical perspective.
Ep 36: Spencer Jakab on the real winners in the GameStop saga
Robin’s guest on this episode is Spencer Jakab, an investment columnist on the Wall Street Journal, who has just written a book on the GameStop phenomenon, called The Revolution That Wasn’t.
The Texas-based video game and consumer electronics and retailer hit the financial headlines in January last year. The reason was a short squeeze that resulted in a 1,500% increase in the GameStop share price over the course of two weeks. “GameStop Mania” was mainly attributed to a coordinated effort by the Reddit community r/wallstreetbets.
At the time, the episode was seen as an example of the growing power and influence of ordinary investors. The truth, says Spencer Jakab, was very different.
So what are the lessons from GameStop? What can investors, regulators and the investment industry learn from it?
Ep 35: Robin Wigglesworth on the extraordinary rise of indexing
Robin Powell's guest on this episode is our guest today is Robin Wigglesworth, global finance correspondent for the Financial Times.
Wigglesworth is the author of Trillions, a new book on the past, present and future of index investing. Currently living in Norway, he covers macroeconomics, finance, investing and markets internationally for the FT.
This could be a great podcast, but the episodes are too infrequent, about one every 2-3 months. They should release episodes on a fixed schedule, with at least one per month, or preferably one every two weeks.