Bloomberg Radio host Barry Ritholtz speaks to the people and ideas that shape markets, investing and business.
Purpose is not an elusive, high-stakes destination but a collection of process-oriented activities that provide joy in the present. Many people suffer from "purpose anxiety" by fixating on "big P" goals—audacious, all-or-nothing achievements that often mask a deeper lack of meaning rooted in unresolved past trauma. Ins...
Lori Heinel, Global Chief Investment Officer at State Street Investment Management, oversees $5.7 trillion in assets and advocates for a client-first approach to portfolio construction. She emphasizes the evolution of indexing, noting that while active management remains viable in specific fixed-income segments, passiv...
Investing in wheat through exchange-traded funds offers a strategic method for retail investors to gain exposure to agricultural commodities without the complexities of managing direct futures or margin accounts. The Teucrium Wheat Fund utilizes a multi-maturity contract structure to reduce volatility and navigate the ...
The financial services industry relies on outdated, 50-year-old mainframe infrastructure, creating significant inefficiencies for independent financial advisors. Jason Wenk, founder and CEO of Altruist, addresses these systemic failures by building a modern, cloud-native custodian that integrates custody, clearing, and...
DIY investors often succeed during the accumulation phase by maintaining discipline and a clear plan, but the transition to decumulation marks a critical juncture where professional guidance becomes essential. Dr. Jordan Grumet, a physician specializing in the intersection of money and purpose, emphasizes that building...
Hagerty transformed from a small, niche wooden boat insurer into a publicly traded automotive lifestyle brand by shifting its focus from traditional insurance to a community-centric club model. By prioritizing the enthusiast identity, the company successfully partnered with major insurance carriers to provide specializ...
Lyft CEO David Risher details his strategic pivot from a career in big tech and non-profit leadership to revitalizing the ride-sharing platform through a relentless focus on customer obsession. Risher emphasizes the necessity of balancing operational efficiency—such as reducing corporate headcount and optimizing pricin...
Artificial intelligence represents a fundamental economic shift comparable to the Industrial Revolution, fundamentally refactoring global labor markets. Kleiner Perkins focuses its early-stage investment strategy on this transition, prioritizing companies that enhance high-skill, high-wage knowledge work in sectors lik...
Bond ladders provide investors with a structured approach to managing interest rate risk and securing predictable cash flows by staggering bond maturities. Unlike traditional individual bond portfolios, which often require significant capital for adequate diversification, bond ETFs—specifically target-maturity products...
Financial decision-making is driven more by human emotion and behavioral biases than by mathematical models or market data. Carl Richards, creator of the "sketch guy" column, identifies the "behavior gap"—the performance difference between an investment and the investor—as a byproduct of hardwired fight-or-flight respo...
Agricultural commodities represent a distinct, often overlooked asset class driven by the fundamental, ever-increasing demand for food and fuel from a growing global middle class. Sal Gilbertie, CEO of Teucrium Trading, explains that while these commodities are inherently volatile, they possess a structural floor estab...
Value investing requires a bottom-up approach that prioritizes downside protection and rigorous fundamental analysis over macro-forecasting. Seth Klarman, CEO of the Baupost Group, emphasizes that investors must remain patient, holding cash as optionality until mispriced opportunities emerge. During periods of market t...
Deregulation serves as a powerful catalyst for corporate earnings by reducing operational friction and accelerating time-to-market. The Free Markets ETF (FMKT), managed by portfolio manager Michael Gayed, leverages this theme by actively identifying sectors—such as financials, cannabis, and nuclear energy—where regulat...
The evolution of private equity in Asia and the strategic integration of regional platforms into global investment firms define the current landscape of alternative asset management. Jean Eric Salata, Chair of EQT group, details the transition from founding Baring Private Equity Asia to merging with EQT, emphasizing th...
Fixed-income ETFs have fundamentally transformed bond market accessibility by providing intraday liquidity, price transparency, and a diverse range of investment options that were previously difficult to obtain through traditional dealer-driven channels. Steve Laipply, Global Head of iShares Fixed Income ETFs at BlackR...
Professional athletes face unique financial challenges due to short career spans and high income volatility, requiring a disciplined, multi-layered approach to wealth management. Joe McLean, managing partner at MAI Capital, advocates for a three-bucket strategy: establishing a safety net of 24 months of cash, building ...
Investment management centers on identifying durable businesses with strong cultures rather than merely trading stocks. Chris Davis, Chairman and Portfolio Manager at Davis Advisors, emphasizes that long-term wealth creation relies on owner-earnings and valuation discipline, drawing from a legacy of multi-generational ...
The summer rental market currently reflects broader economic consumption patterns, characterized by a shift toward last-minute, on-demand booking behavior—a trend dubbed "Amazonification." While high-end vacation markets remain active, they are normalizing rather than maintaining the frenzied pace seen during the pande...
Jonathan Clements, a long-time Wall Street Journal personal finance columnist, fundamentally reshaped the investment landscape by championing index funds and prioritizing investor integrity over the profit-driven motives of active management. His approach transcended portfolio construction, evolving into a philosophica...
Farmland offers a compelling investment opportunity by providing a unique combination of annual income, capital appreciation, and an effective inflation hedge. Unlike traditional real estate, farmland is non-correlated with broader market assets, making it a valuable portfolio diversifier. Brandon Zick, Chief Investmen...
Follow this podcast in Podwise
Sign in to get AI summaries, transcripts and mind maps for any episode, including new ones.
