One of my favorite episodes in a while, very interesting. I enjoyed learning about the practical applications of portfolio theory. Thanks for all the hard work the team at PWL does to provide such informative content to the public.
You don't make it to episode 338 of RR if you don't enjoy theoretical nuanced discussions, but I enjoyed the more practical discussion in this episode. It would be interesting to have that kind of a take on the whole passive index fund discussion. For example, if some of the proposed issues do come true when should investors take action? Or is this one of those problems that will be more obvious in hindsight? So far the answer seems to be you cant do anything about it so just hold on.
I sometime wish you would release another episode after each podcast or do a live stream where you dumb everything down because it's honestly going over my head
Ben - based on this video, is it rational to think about allocations to multi-factor funds like Avantis as being mostly a diversifier to sequence of returns that vary from market beta, thus smoothing the ride over 30 years? And not to consider them as actually potentially adding alpha over long periods?
I don’t think Peter’s research says conclusively that there are no premiums. I do agree with your comment though. Factor tilts should be thought of as primarily increasing the reliability of long-term outcomes. -Ben
Preety sure they made one episode where they talked about day traders. My take away is that the vast majority of them (north of 95%)make less money than they would make working minimum wage in brasil lol
One of my favorite episodes in a while, very interesting. I enjoyed learning about the practical applications of portfolio theory. Thanks for all the hard work the team at PWL does to provide such informative content to the public.
You don't make it to episode 338 of RR if you don't enjoy theoretical nuanced discussions, but I enjoyed the more practical discussion in this episode. It would be interesting to have that kind of a take on the whole passive index fund discussion. For example, if some of the proposed issues do come true when should investors take action? Or is this one of those problems that will be more obvious in hindsight? So far the answer seems to be you cant do anything about it so just hold on.
Great episode! Where is Cam?
Cam's taking a brief break from PWL to work on a crypto dogecoin private equity venture, just to prove Ben wrong, but he'll be back soon. 🤞
They booted Cam because he likes dividends 😂
Cam is actively managing his own portfolio
Cam suffers from hair envy. Ben's luscious locks pushed him over the edge.
I sometime wish you would release another episode after each podcast or do a live stream where you dumb everything down because it's honestly going over my head
More episodes on leveraged investing please
Ben - based on this video, is it rational to think about allocations to multi-factor funds like Avantis as being mostly a diversifier to sequence of returns that vary from market beta, thus smoothing the ride over 30 years? And not to consider them as actually potentially adding alpha over long periods?
… so a bit of portfolio diversification to when returns show up at the cost of slightly higher expense ratios and tracking error variation?
I don’t think Peter’s research says conclusively that there are no premiums. I do agree with your comment though. Factor tilts should be thought of as primarily increasing the reliability of long-term outcomes.
-Ben
Thank you!
Can we have a video on wether algorithmic trading stragegies do better or worse than active and passive managment?
That's active management.
Preety sure they made one episode where they talked about day traders. My take away is that the vast majority of them (north of 95%)make less money than they would make working minimum wage in brasil lol
That is active management watch his videos on active vs passive he talks about algorithms and ai
For a kindergartener, is he saying factors are generally irrelevant to returns or active management performance is explained by factors?
Second!