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Masters in Business

At the Money: Here's Why Stocks Are Your Best Bet

Masters in Business

Bloomberg

Business, Investing

4.42.2K Ratings

🗓️ 29 November 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

Are equities the best long-term investment? If so, is that always true? In this episode of At the Money, Barry Ritholtz speaks with Jeremy Schwartz about why you should, or should not, go heavy on stocks. Schwartz is Global Chief Investment Officer of WisdomTree, leading the firm's investment strategy team in the construction of equity Indexes, quantitative active strategies and multi-asset Model Portfolios.

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Transcript

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0:00.0

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0:06.5

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0:10.5

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0:16.7

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0:22.0

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0:24.7

Bloomberg in-car apps are sponsored by interactive brokers.

0:28.0

Stocks have outperformed every other asset class over the long run, assuming you measure the long run at about 20 plus years.

0:38.0

Real estate, gold, bonds, it's hard to find anything that has a track record as good as equities since the late 19th century.

0:47.0

The challenge, stocks can be risky, even volatile over long periods of time,

0:53.7

and there are so many different approaches to investing that it can get confusing.

0:58.0

But as it turns out, there are some ways you can take advantage of equities as an asset class that work well if you're a long-term

1:06.3

investor.

1:07.3

You can go the distance we'll your portfolio for the long run.

1:24.8

To help us unpack all of this and what it means for your investing, let's bring in Jeremy

1:29.2

Schwartz.

1:30.2

He's the Global Chief Investment officer at Wisdom Tree Asset Management

1:34.0

and the longtime collaborator with Wharton Professor Jeremy Seagull, whose book Stocks for the

1:40.7

long run has become an investing classic.

1:44.7

So Jeremy, let's start with the basics.

1:47.6

What does the historical data say about stocks?

1:51.3

Well, your intro hit it exactly perfectly. It has been the best long-term

1:56.7

return vehicle. Now you know today is a time we're all thinking about inflation.

...

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