Become an Intelligent Investor with Jason Zweig (Part Two)
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 9 March 2017
⏱️ 31 minutes
🧾️ Download transcript
Summary
If you don’t know the name Jason Zweig, as a listener of the Better Off podcast, chances are you know his work. The “Intelligent Investor” column that you read every Saturday in the Wall Street Journal...yep, that’s his awesome work. I’ve been a fan of Jason’s for a long time, so it’s a no brainer that he’s on one of the early episodes of “Better Off.” And let me just say, it was no easy get! We, and when I say we I really mean Mark, the best producer in the world, have been going back and forth with Jason since last October trying to nail down a date. Was it worth it? Let’s just say that when we do interviews, Mark and I are acutely aware of how long they’re running. We try to keep them 30 minutes or less. Well, Jason was so good we kept him for nearly an hour. His knowledge and insight of the financial industry is so wide and deep that we decided that we needed to feature him in back-to-back episodes, a “Better Off” first! In part two of this interview we cover the decreasing cost of investing and why it may eventually cost the customer absolutely nothing, the role of brokers as the industry continues to evolve, and finally, what encourages Jason about the future of the financial services industry. If you like Jason’s column, you should also check out his books. His latest work, The Devil’s Financial Dictionary, skewers the plutocrats and bureaucrats who gave us exploding mortgages, freakish risks, and banks that are too big to fail. It also distills the complexities, absurdities, and pomposities of Wall Street into plain truths and aphorisms anyone can understand. “Better Off” is sponsored by Betterment. "Better Off" theme music is by Joel Goodman, www.joelgoodman.com. For a recap of every episode, visit https://www.betterment.com/resources/topics/inside-betterment/better-off-podcast/.
Transcript
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| 0:00.0 | Hi, this is Jill Schlesinger. Welcome to the Better Off podcast on this episode, |
| 0:07.0 | Jason Zweig, the second part of my interview with the intelligent investor columnist and author of the Devil's Financial Dictionary. |
| 0:15.2 | The only question that matters is not did you beat the market, but did you meet your goals? |
| 0:22.0 | And why would meeting your goals be dependent on beating the market. |
| 0:26.0 | All that and more next on the Better Off Podcast. |
| 0:30.6 | Welcome to the Better Off Podcast. |
| 0:32.3 | I'm Jill Slassinger, your host. Better Off is sponsored by Betterment, |
| 0:35.6 | the smarter way to invest your money. We've got a great program for you. It is the |
| 0:41.0 | second part of my interview with Jason Zweig. |
| 0:44.6 | Jason is the journalist in the Wall Street Journal, he writes the intelligent |
| 0:48.9 | investor column. |
| 0:50.0 | In our first episode, if you missed it, go get it. |
| 0:53.1 | Go subscribe to the podcast, go to iTunes, Google Play, Stitcher, |
| 0:57.7 | SoundCloud. |
| 0:58.6 | Go get that episode because it was really terrific. |
| 1:01.6 | He made this pretty impassioned case for why passive investing is the way |
| 1:06.0 | to go. In this episode, Jason's going to talk about the decreasing cost of investing. |
| 1:12.5 | What an amazing thing. |
| 1:14.2 | And also, what about the future of financial services? |
| 1:18.4 | Jason Zweig has got a multi-decade history |
| 1:21.2 | covering personal finance, covering mutual funds for the Wall Street Journal, |
| 1:25.8 | for Monday magazine, for lots of different publications. |
... |
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