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Bloomberg Surveillance

Single Best Idea with Tom Keene: Liz Ann Sonders and Geoffrey Yu

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 6 March 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. 

In this episode, we feature conversations with Liz Ann Sonders and Geoffrey Yu

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Looking for the latest perspectives to help simplify changing market conditions?

0:04.6

Go to Nationwide, one of America's largest financial services companies,

0:08.9

Nationwide Investment Services Corporation,

0:11.5

and remember Columbus, Ohio.

0:14.0

Single Best Idea.

0:20.0

Good morning, good evening, wherever you are around the world here on Apple

0:24.3

Podcasts and all the other presenters we have. We are thrilled with the rollout of these

0:30.1

two ideas from our show and today it could be like a two hour

0:34.3

podcast because I didn't have two ideas I ate about 10 ideas on the show real wisdom

0:39.6

on economics, finance, investment, and international relations.

0:44.4

What do we do?

0:45.4

We had easy decisions.

0:46.4

We want to Jeff for you at B&Y Mellon.

0:49.0

But first, a really important conversation to all of you, if you've succeeded, if you've

0:54.8

participated, if you've achieved in this pandemic recovery stock market.

1:00.3

Liz Ann Saunders is a Charles Schwab. I kid her about the short career she's had. The reality is she's had an extensive career in different cycles.

1:11.0

And part of that is the arch academic debate over rebalancing. I'm not going to

1:16.2

go into the details because it's a too short of podcast, but needless to say, the raging debate

1:22.3

over how to rebalance or if you should rebalance in your retirement plan

1:28.0

is a huge deal. I stopped the show and I asked Liz Ann Saunders about rebalancing.

1:35.0

Rebalancing is more about adding and trimming, not buying and selling.

1:38.4

So that's the beautiful component of that discipline is it forces us.

...

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