Some Things Do Change
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 572 Ratings
🗓️ 18 December 2020
⏱️ 20 minutes
🔗️ Recording | Apple Podcasts | RSS
🧾️ Download transcript
Summary
Last Friday, December 11, marked year number 25 since December 11, 1995, when my father passed away. His name was Greg Bahnsen, he was 47 years old (the age I will be next year), and he was my hero and my best friend. I have to imagine many of you have experienced things (including losses) that do not feel like they were as long ago as they actually were. I know those cliches are tired, but it just simply does not feel like it has been 25 years since my dad died. Yet it has been, and I imagine when another 25 years go by, I will be saying and feeling the same thing.
Time becomes a weirder thing as we get older, I suppose (some of you will have more expertise in this than I do), and I am sure that time dynamics get even muddier when we are talking about a loss. Last weekend as I was isolated away working on a project, I spent abundant amounts of time reflecting on this and many other things. Regardless of what it feels like, 25 years has gone by since dad died, and my entire life being upended and forever changed. Over these last 25 years, not just in my own personal life, but across society, the news, the world, the culture, and yes, the economy and markets, there are a whole lot of things that have barely changed or haven’t changed at all. But, there also are certain things that reflect substantial change. Not just “evolutionary” change, but real paradigmatic change.
And the biggest of those changes is the subject of this week’s Dividend Cafe …
Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Dividend Cafe weekly market commentary focused on dividends in your portfolio and dividends in your understanding of economic life. |
| 0:13.6 | Hello, welcome to this week's Dividend Cafe, both the podcast, those of you watching on the video. |
| 0:26.7 | This will be our last Dividin Cafe for 2020, which may excite some of you or may disappoint some of you, but it is kind of bittersweet in the sense that, |
| 0:34.0 | you know, we're here to the end of the year. It's been quite an unbelievable year, |
| 0:38.3 | but next Friday is Christmas Day and the Friday after that's New Year's Day. So I think this |
| 0:43.0 | is kind of a special edition of the Dividend Cafe. And then I know that the first one of 2021 is going |
| 0:50.0 | to be special as we at that point present our big recap of 2020 and our kind of special |
| 0:58.5 | forecasting perspectives on 2021. I'll let you look forward to that in the first week of January. |
| 1:06.0 | But what I want to talk to you about today is going to actually cover a little bit of history. |
| 1:10.1 | It's going to cover, I think, significant, I mean, needle-moving, mind-shifting subject in capital markets for, in the lives and the thinking and the approach of all investors. |
| 1:31.7 | And a lot of it was actually in a very weird way inspired by me thinking about my late father |
| 1:39.3 | and his passing, which was 25 years ago last Friday. |
| 1:45.2 | So let me pull all these things together here |
| 1:49.0 | in the most logical way I can, |
| 1:52.0 | and hopefully you'll find the message of this week's |
| 1:55.3 | Dividy Cafe to be beneficial. |
| 1:58.5 | So last Friday, December 11th was 25 years ago from December 11th, 1995, |
| 2:03.6 | when my father at age 47 passed away and I was just a young buck in my early 20s. And dad and I |
| 2:14.3 | and I were very, very, very close. And so obviously, you know, you think back to this thing that was like the paradigm shifting event in your own life and forever sort of changed the trajectory of what adult life was going to look like for David Bonson. |
| 2:31.1 | And I spent last weekend out of our home in East Tampton and had a lot I was by myself |
| 2:36.1 | and had a lot of time of reflection and so forth and so there this whole whole thing with dad was |
| 2:40.9 | on my mind and everything but then also I'm sitting there and I'm studying and reading and thinking |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Dividend Cafe - The Bahnsen Group, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Dividend Cafe - The Bahnsen Group and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.