A good podcast for the newbie investor that’s looking to improve their financial literacy.

You are going to get grief over the April 15 tax day broadcast. Japan had a very slow growth rate for around 30 years starting in 1990. They are called the lost decades. Sometimes governments can meddle too much. It is ironic that the no-regulation party is regulating.

Don should stay in his lane—discussing the merits of investing in a well-diversified portfolio, where his knowledge and insights truly shine. Unfortunately, whenever he veers off into other topics—be it alternative investments or, most recently, tariffs—he undermines his own credibility. His latest podcast is a prime example. His commentary on tariffs revealed a shallow understanding, reducing a complex economic mechanism to its effect on the price of his next iPhone. What he failed to grasp is that tariffs are far more nuanced than a simple one-to-one cost transfer to the consumer. In fact, history tells a different story. When the U.S. imposed a 20% tariff on Chinese goods in 2020, the cost of an iPhone for American consumers rose by only about 4%. Why? Because the impact of tariffs is distributed across the supply chain—manufacturers, suppliers, and retailers all absorb part of the burden. Additionally, China responded by devaluing its currency, further offsetting the impact on U.S. consumers. Oversimplifying tariffs to a direct consumer surcharge not only misleads his audience but also diminishes the sophistication expected from someone in his position. If Don wants to preserve his influence, he should stick to what he knows best—and leave macroeconomic analysis to those who understand its intricacies.

Need to get a handle on how to grow your money safely, logically and steadily? Check these 2 old friends out. It’s kind like sitting beside your fiscally wise grandpa and his buddy. Sure, they tease each other, and can be a bit tangential occasionally, but it keeps it light as well as informative. I don’t miss an episode.