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The Long View

Jeremy Schwartz: Why Stocks Are Good Inflation Hedges

The Long View

Morningstar

Finance, Dan Lefkovitz, Amy Arnott, Entrepreneurship, Investing Leaders, Jeff Ptak, Investors, Christine Benz, Influential Investors, Careers, Long-term Investing, Financial Services, Business, Investing, Morningstar

4.5775 Ratings

🗓️ 13 June 2023

⏱️ 52 minutes

🧾️ Download transcript

Summary

The WisdomTree CIO on ‘do-nothing’ strategies, the market outlook, what constitutes a risk factor, and more.

Transcript

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0:00.0

At Jackson, we've created a digital retirement planning experience with you and mine.

0:05.5

Visit jackson.com to explore our easy-to-understand resources and user-friendly tools

0:10.1

that are designed to enable financial professionals and clients to plan a path to financial freedom.

0:15.5

Jackson is short for Jackson Financial Incorporated, Jackson National Life Insurance Company, Lansing, Michigan,

0:20.5

and Jackson National Life Insurance Company of New York, purchase New York.

0:26.5

Please stay tuned for important disclosure information at the conclusion of this episode.

0:32.7

Hi, and welcome to the Longview. I'm Jeff Battack, Chief Ratings Officer for Morningstar Research

0:37.6

Services. And I'm Christine Ben's, Director of Personal Finance and Retirement Planning for Morningstar.

0:43.3

Our guest this week is Jeremy Schwartz. Jeremy is Global Chief Investment Officer for Wisdom Tree

0:48.9

investments. In that role, Jeremy leads the firm's investment team and is responsible for constructing

0:54.8

its equity indexes, quantitative active strategies, and model portfolios.

1:00.9

Jeremy joined Wisdom Tree in May 2005 and previously held several posts at the firm, including

1:06.5

serving as its global head of research.

1:09.6

Prior to joining Wisdom Tree, Jeremy served as a research

1:11.9

assistant for Professor Jeremy Siegel and is credited as Siegel's co-author of the sixth edition

1:18.3

of the book Stocks for the Long Run. Jeremy received his bachelor's degree from the Wharton School

1:23.8

and is a CFA charter holder. Jeremy, welcome to the Longview. Thanks so much for having me,

1:29.9

Jeff. It's great to be with you and Christine. That's great to have you. Thanks again for doing this.

1:35.0

I wanted to start on a topic which I guess we're referring to internally is do nothing strategies.

1:41.9

I've written some articles recently examining how different types of

1:45.1

managed investments would have performed if they were never traded. You just left them alone,

1:50.1

let them ride. A little did I know that you'd already done research like that some years ago.

...

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