MI265: How to Be a Successful Investor Without Picking Winners w/ Larry Swedroe
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 28 March 2023
⏱️ 66 minutes
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Summary
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| 0:00.0 | You're listening to TIP. |
| 0:03.0 | The evidence is overwhelming that retail investors, on average, of course, the stocks they buy go on to underperform the market after they buy them, and the stocks they sell go on to outperform after they sell them. |
| 0:18.5 | So if you're buying stocks, the odds are they're going to underperform after you buy them. |
| 0:23.1 | And if you sell, the odds are they'll outperform after you sell. |
| 0:31.1 | On today's episode, I'm joined by Larry Swedro, who's the head of financial and economic |
| 0:36.5 | research for Buckingham |
| 0:37.9 | wealth partners. Larry holds an MBA in finance from NYU and a bachelor's degree in finance |
| 0:44.0 | from Baruch College. He is authored over 18 books and also writes for advisor perspectives, |
| 0:50.3 | Alpha Architect, Wealth Management, and Seeking Alpha. In this episode, Larry discusses why the ability to generate alpha has been shrinking over time, |
| 0:59.9 | how the rise in competition has played an increasing role in the shrinking alpha, |
| 1:04.7 | why active managers have an important role in markets, |
| 1:07.7 | and he explains what would happen in the extreme scenario if everyone went |
| 1:12.2 | passive. Also, he shares research behind dividend paying stocks and whether investors should prefer |
| 1:18.3 | dividend paying stocks in their portfolio and so much more. As always, I really enjoy chatting with |
| 1:24.8 | Larry. He provides such a data-driven research perspective to his |
| 1:30.5 | analysis. And I personally love reading his articles that he publishes. So if you want to check |
| 1:36.1 | out his writing, which he does very frequently, make sure to follow him on LinkedIn. I always find |
| 1:41.3 | his content very informative. So with that all said, I really hope you |
| 1:45.5 | enjoy today's discussion. You're listening to Millennial Investing by the Investors Podcast Network, |
| 1:51.8 | where your hosts Robert Leonard and Rebecca Hotsko, interview successful entrepreneurs, business |
| 1:57.5 | leaders and investors to help educate and inspire the millennial generation. |
| 2:10.4 | Welcome to the millennial investing podcast. |
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