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Generating Alpha Is Shrinking: Invest Without Picking Winners w/ Larry Swedroe (MI265)

Millennial Investing 5,100 2 years ago
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💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ 🔐 Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today: https://www.theinvestorspodcast.com/youtube-atakama Rebecca Hotsko chats with Larry Swedroe. Larry Swedroe is head of the financial and economic research office for Buckingham Wealth Partners, a Registered Investment Advisor firm in St. Louis, Mo. Previously, Larry was vice chairman of Prudential Home Mortgage. Larry holds an MBA in finance and investment from NYU and a bachelor’s degree in finance from Baruch College. IN THIS EPISODE, YOU’LL LEARN: - The difference between Alpha versus Beta. - Why is the ability to generate alpha shrinking? - How competition has played an increasing role in reducing alpha over time. - What would happen if everyone went passive? - Larry’s perspective on concentration vs diversification. - Why good businesses are not as good investments. - Should investors prefer dividend-paying stocks over non-dividend-paying stocks? 🎧 Listen to our episodes here: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/millennial-investing/how-to-be-a-successful-investor-without-picking-winners 📖 BOOKS MENTIONED: - The Only Guide to a Winning Investment Strategy You'll Ever Need by Larry Swedroe: https://amzn.to/3tX2zXY - Think, Act, and Invest Like Warren Buffett: The Winning Strategy to Help You Achieve Your Financial and Life Goals by Larry Swedroe: https://amzn.to/3V6vSmY - Investment Mistakes Even Smart Investors Make and How to Avoid Them by Larry Swedroe: https://amzn.to/3AFiwWy - Your Complete Guide To Factor-Based Investing by Larry Swedroe: https://amzn.to/3ExbuVa - The Incredible Shrinking Alpha: How To Be A Successful Investor Without Picking Winners by Larry Swedroe: https://amzn.to/3ErqEeg Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 ▶️ RELATED EPISODES: (MI238) A Guide To A Winning Investment Strategy w/ Larry Swedroe: https://open.spotify.com/episode/7jLISXiDQGh2SBg0Doo8hg 💡 OTHER RESOURCES - Connect with Larry: https://twitter.com/larryswedroe/ - Check out Larry’s writings on Alpha Architect: https://alphaarchitect.com/category/other-insights/larry-swedroe/ - Check out Buckingham Wealth Partners: https://buckinghamwealthpartners.com/ - Connect with Rebecca: https://twitter.com/rebecca_hotsko/ - Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a 14-day free trial: https://www.sahg6dtr.com/59QC8Z/R74QP/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙 On Millennial investing, we interview top investors, experts, and successful entrepreneurs such as Kevin O’Leary, JL Collins, Jesse Itzler, and more to guide you on your investing journey. 🌍 Website: https://www.theinvestorspodcast.com/millennial-investing/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN OR WATCH 🎧 OTHER SHOWS FROM OUR NETWORK: 📚 Dive into value investing and learn more about billionaires on We Study Billionaires: https://bit.ly/3dklKWR 🏆 Learn from high-profile guests on how to succeed in markets and life on Richer, Wiser, Happier: https://bit.ly/3p3pcHZ 🏘 Learn the ins and outs of real estate investing on Real Estate 101: https://bit.ly/3JDBXm1 ₿ Get updated on all things Bitcoin on Bitcoin Fundamentals: https://bit.ly/3JEE1di 💰 Learn everything you need to know about investing on The Investor’s Podcast Network: https://www.youtube.com/c/TheInvestorsPodcastNetwork ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ WHO I AM: I’m Rebecca Hotsko, an investor and entrepreneur 💼 based in Canada; co-founder of a luxury boat ⛵ sharing club in Kelowna, British Columbia. I graduated from the University of Saskatchewan with a bachelor’s degree 🎓 in Economics and completed CFA level I and II. I gained valuable experience working as an analyst for the Bank of Canada 🏦, the federal energy regulator and in investment management. My passion for teaching others how to invest using time-tested strategies backed by empirical data led me to create an investing blog 💻 in 2020. ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.

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