The (Expected) Cost of Pessimism (Plus Matthew Dicks on the Value of Storytelling) | RR 267

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  • Опубликовано: 27 ноя 2024

Комментарии • 23

  • @thomas6502
    @thomas6502 Год назад +3

    I heard "31 papers" and thought of baskin robbins and how much the pre-diabetic kid in me loved ice cream... how's that for pessimism?🙂 This discussion reminded me about hearing a friend mention hoping dollar cost averaging into VTI, VXUS, BND doesn't prove disastrous.
    Also, I thought going in to the segment about story telling that I skip to the data as well, but after listening to Matt I'm rethinking--and I put one of his books on my list at the library. Appreciate the channel and the community. Glad to be one of the three that listened to the after show. 🙂 Thanks as always for all y'all do.

  • @WisdomOfTheAged
    @WisdomOfTheAged Год назад +5

    I think the Mark's Minutes segment was a perfect example of the effectiveness of storytelling. He gave info on TFSAs and risk, followed by the subreddit story of the guy who lost everything.

  • @jonathanha6683
    @jonathanha6683 Год назад +4

    we love mark!!! incredible story teller and makes the importance of financial planning come to life.

    • @MarkMcGrathCFP
      @MarkMcGrathCFP Год назад

      Thank you so much, means a lot to me to hear that!

  • @bidaobidao
    @bidaobidao Год назад +6

    Mark's remarks?

  • @Ferdinand208
    @Ferdinand208 Год назад

    I wish I could tell better stories. So Storyworthy is on the way. Excited to read it.

  • @darkerisbetter8699
    @darkerisbetter8699 Год назад +5

    "Mark to Market" for the segment?

  • @lorenzom7237
    @lorenzom7237 Год назад +1

    I am a small investor and I promote your ideas as much as I can in my inner circle even if I am not yet able to conform to them.
    I know one day I will switch from my active investing to passive and I will be fine.
    I enjoy your channel very much.
    I would like to thank you.
    Please never stop.

  • @PedroOliveira-ez2ni
    @PedroOliveira-ez2ni Год назад +2

    Instead of Mark's Minute I would call it Check Marck(Mate)

  • @yu-weiwang6002
    @yu-weiwang6002 Год назад +1

    We know that there are significant parameter uncertainty over stock returns, and we probably should not implement the result of mean-variance optimization too literally. How to have some reasonable margin of safety without being too pessimistic?

  • @chrisjeanneret5091
    @chrisjeanneret5091 Год назад +1

    Not sure if is quite the flipside of the TFSA scenario in this video, but it did make me think of the story a while ago about the professional investor who got slammed by the CRA after making huge gains in his TFSA.

  • @BobbyMander
    @BobbyMander 6 месяцев назад

    my method: keep buying monthly/weekly or whenever money is available. look at the portfolio when it's going up and ignore it when it's going down. so simple and panic free... :-)

  • @p.c.h.6721
    @p.c.h.6721 Год назад

    Hi, where’s is the link to that webinar, can’t find it....

    • @rationalreminder
      @rationalreminder  Год назад +1

      Added the link to the description. Thanks for the heads up! - Angelica

    • @freedomlife3623
      @freedomlife3623 Год назад

      @@rationalreminderStill don’t see the link to the webinar, Ben & Cameron. Please post it.

    • @rationalreminder
      @rationalreminder  Год назад

      @freedomlife3623
      Join Our Live Event:
      What Are my Options with my Options? - us06web.zoom.us/webinar/register/3916910040743/WN_PsbTZ8CqR_SvFNdpy5oIKA

  • @EmilyGloeggler7984
    @EmilyGloeggler7984 Год назад

    Positivity costs more than adds.

  • @kevanotrades8488
    @kevanotrades8488 Год назад

    Great episode! All of those stats from the 31 papers are quite astounding. I've gone from investing in mutual funds, to automated portfolio management through wealthsimple, to buying total market ETFs, to managing my own portfolio, but with every one of your podcasts I'm starting to think I should just not look at my portfolio and use automated purchase of low fee ETFs (like VGRO).
    Benjamin, I live in Edmonton, it would be cool to meet when you're here in Sept and chat about markets and stuff.
    Also, yeah Canmore is such a beautiful place!

  • @whatevermiregal
    @whatevermiregal Год назад

    I always get so jealous when hearing about the awesome investing accounts available out there…tax-free investment is just a fantasy here in Denmark 😂

  • @thesorrow312
    @thesorrow312 Год назад +2

    "Mark O Witz" or Mark & Witz.