Designing Better Decisions, with Dan Egan [Invest Like the Best, EP.18]

My guest today is Dan Egan, who is the managing director of Behavioral Finance and Investing at Betterment.  In this wide-ranging role, Dan has his hands is most of the ways that Betterment interacts with its clients and how it invests their money. This is one very interested and smart guy who is clearly passionate…

The Strain Resolution

The best resolutions are ones which you’ve already started. Growth is addictive. To have tasted a certain type of growth is to want more of it, so in 2017 I am doubling down on what worked best in 2016. To sum up that strategy in a word: strain. I learned through experience this year that…

Biology Enables, Culture Forbids

Shane Parrish has collected, applied, and explained more mental models than anyone I know not named Charlie Munger. Below is a particularly fun part of the conversation I had with him on the podcast. I ask Shane to explain the idea that “biology enables and culture forbids,” and how this idea applies to our personal…

Mastering Mental Models, with Shane Parrish [Invest Like the Best, EP.17]

My guest this week is Shane Parrish, who created the extremely popular Farnam Street—a website dedicated to understanding the world by mastering the best of what others have already figured out.  More than 100,000 people subscribe to the Farnam Street Newsletter which summarizes what Shane and his team learned and wrote that week. I read…

The Prospects for Active Management, with Morningstar’s Jeff Ptak

Joining me on the podcast this week is Jeff Ptak, head of global manager research at Morningstar.  Jeff’s role puts him in the unique position to discuss the state of active management because he gets to see mutual funds from both the bottom-up, through deep diligence on investment strategies and firms, and top-down, using Morningstar’s…

Favorite Podcast Episodes

This is a post that I will try to keep updated as I come across excellent new episodes of some of my favorite podcasts. This has quickly turned into my favorite medium, both as a producer and as a listener. Yvon Chouinard on How I Built This. Maybe my favorite single podcast episode, ever. Cal…

Obvious vs. Clever Thinking

My kids’ faces often light up with wonder. They’ve made me realize adults are doing something wrong. We must reprogram ourselves. The fix, says improv god Keith Johnstone: focus on the obvious instead of the clever. This changed me, and I think it will change you too. Here’s Johnstone: “I began to think of children not…

The Ace of Spades, with Eric Maddox – [Invest Like the Best, EP.15]

This week we explore a rare and underappreciated skill through the lens of an incredible story. My guest is Eric Maddox, whose name you probably don’t know but won’t soon forget. Just trust me that you need to listen to this entire episode, and listen carefully—because that is what the episode is ultimately all about:…

Josh Brown, The Reformation [Invest Like the Best, EP.14]

My guest this week is one of the reasons that this podcast exists.  Josh Brown is a financial advisor and the CEO of Ritholtz Wealth Management. He is also the creator of TheReformedBroker.com, a blog about markets, politics, economics, media, culture, and finance that has become one of the most widely-read sites on the financial web. …