2019 Retrospective: A Review and Discussion of the Year's Guest Episodes (EP.78)

As we see 2019 out and enter a new decade, we thought it only fitting to do a round-up of some of our shows this year. While we had 26 guests throughout the year, we chose 14 that best captured the sensible investing and education-focused spirit of our show. Some of the guests we have included on this special episode include Rob Carrick, from The Global Mail and leading authority on Canadian personal finance, Alexandra McQueen, a teacher at York University, who offers an explanation on the difference between financial economics and financial planning and Jonathan Clements, who explains why the hardest part of investing is keeping it simple. We also share clips about nipping overconfidence in the bud with Daniel Crosby and the next grand challenge of investing with Dave Nadig. This is just a snapshot of some of the incredibly generous people who have joined us this year. We hope that this show has contributed in some way to educating and helping investors make informed decisions and we are excited for what’s on the horizon. Happy New Year from all of us here at The Rational Reminder!

Key Points From This Episode:

• Rob Carrick’s insights into whether Canadians have a good relationship with money. [0:04:02.0]
• Moira Somers’ tips on lifestyle changes to decrease financial stress. [0:07:51.3]
• Why ‘debunking the nonsense’ of financial advice is so important to Barry Ritholz. [0:10:23.0]
• The difference between financial economics and financial planning. [0:13:10.0]
• Discover the importance of having a clear belief system when it comes to investing. [0:16:51.0]
• Criteria other than performance to use to choose a quant fund according to Wes Gray. [0:19:47.0]
• Why the most difficult part of investing is trusting in simplicity. [0:23:14.0]
• Learn what has surprised David Butler the most about working with academics. [0:28:56.0]
• Ben explaining discount rates and factors to his mom. [0:31:58.0]
• All factors will underperform at some stage so embracing volatility is key. [0:40:14.0]
• What Jill Schlesinger has found the most common investment blind spots to be. [0:42:54.0]
• A look at what adverse selection means and how it applies to DIY investors. [0:44:40.0]
• Find out why Daniel Crosby calls overconfidence the ‘granddaddy’ of investment biases.[0:46:17.0]
• Even though investing is ‘solved,’ that does not mean people are good investors. [0:44:40.0]