What are the investment implications of Bitcoin's past performance? How should investors think about market efficiency in places with high corruption and low transparency? Is return stacking a game changer for individual investors? In this AMA episode, Ben Felix, Dan Bortolotti, and Mark McGrath tackle some of the most pressing financial and investment questions from listeners. They explore the efficiency of markets, the role of leverage in portfolios, and whether valuation metrics like the Shiller PE are still relevant today. Join us for insights on modern investing, behavioral finance, and the principles guiding long-term wealth building.

Key Points From This Episode:

(0:00) Introduction and AMA format discussion

(3:32) Bitcoin as an investment and its role in a portfolio

(14:29) The debate on factor investing in markets where factor ETFs are unavailable

(19:40) The role of ETFs and whether a single all-equity fund is optimal

(22:22) The risks and opportunities of buffered ETFs

(26:25) Investing in markets with high corruption and low transparency

(29:42) Emerging market investing and its place in a diversified portfolio

(30:06) The concept of "Return Stacking" and its viability for investors

(38:55) Should individual investors use leverage for higher returns?

(40:51) Balancing Benjamin Graham’s philosophy with modern portfolio theory

(47:51) The role of valuation metrics like the Shiller PE ratio in predicting returns

Episode 345 - AMA #3

The Rational Reminder Podcast