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Radio Show - Which Portfolio Hedge for This Market?...  Is Short-Termism Harming Your Investments?... and Listener Q&A | #111

Radio Show - Which Portfolio Hedge for This Market?... Is Short-Termism Harming Your Investments?... and Listener Q&A | #111

Released Wednesday, 4th July 2018
 1 person rated this episode
Radio Show - Which Portfolio Hedge for This Market?...  Is Short-Termism Harming Your Investments?... and Listener Q&A | #111

Radio Show - Which Portfolio Hedge for This Market?... Is Short-Termism Harming Your Investments?... and Listener Q&A | #111

Radio Show - Which Portfolio Hedge for This Market?...  Is Short-Termism Harming Your Investments?... and Listener Q&A | #111

Radio Show - Which Portfolio Hedge for This Market?... Is Short-Termism Harming Your Investments?... and Listener Q&A | #111

Wednesday, 4th July 2018
 1 person rated this episode
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Episode 111 has a radio show format. In this one, we cover numerous Tweets of the Week from Meb, as well as some write-in questions.Before jumping in, a few housekeeping items… Meb discusses a proxy campaign with which we need your help, an award Cambria just received, Meb’s new Office Hours, when the Trinity ETF will launch, a new webinar we’re going to put on later this summer, and more.We start with some of Meb’s Tweets of the Week. We discuss a WSJ op ed piece penned by Jamie Dimon and Warren Buffett, in which they suggest short-termism is harming the economy. Specifically, they believe public companies should reduce or eliminate the practice of estimating quarterly earnings.Next, there’s a quote from Jim O’Shaughnessy: “Money is like manure; if you pile it up it stinks to high heaven, but if you spread it around, it does a lot of good.” This is a springboard into a conversation about the role of cash in a portfolio, especially in today’s market.This segues into the next subject – how Americans are reaching retirement age in worse financial shape than the prior generation, for the first time since Harry Truman was president. This leads to a conversation about starting investing early, but also focusing on active income and delaying the retirement age.Next, there’s a tweet about early stage private investing. We use this as an opportunity to catch up on Meb’s private investments.Other topics are fund-flow differentials between ETFs and mutual funds, as well as Meb’s dissection of Wealthfront’s latest fee structure. If you’re a Wealthfront client, you’ll want to listen to this.We then get into listener Q&A. Some that you’ll hear Meb address include:

Given today's valuations, I’d like Meb’s perspective on the pros and cons of allocating to the following "hedges" – cash, gold, tail risk/put strategies, and managed futures.

What advice does Meb have for people trading companies in their field? For example, a realtor making a move on home builders or a programmer stock-picking an AI firm.

Would Meb please share his opinion on multifactor funds and the role they should play in an investor's portfolio?

A question about advisor fees and whether they’re deserved.

Besides portfolio construction and behavioral coaching in times of stress what are some other advisor value-adds? Are we reaching the limit of value added services?

As ETFs grow, under what circumstances could securities lending become a substantial risk to one's personal assets and possibly a systemic risk to the financial system--are processes in place now to prevent that problem before it happens?

All this and plenty of other rabbit holes in Episode 111.Learn more about your ad choices. Visit megaphone.fm/adchoices

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