MI106: Don't Chase Money Managers & Stock Tips w/ Ben Felix

IN THIS EPISODE, YOU’LL LEARN:  

3:13 - What a Roth IRA is and the contribution limits it has15:38 - What an endowment fund is, who David Swensen was, and what an endowment model is31:21 - Why chasing or copying money managers isn't a great strategy and why this typically doesn’t end well for investors53:58 - What the potential pitfalls and dangers are of investing in high-dividend-yielding stocks 1:05:33 - What The Feynman Technique is, and how Ben personally learnsAnd much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

EPISODE RESOURCES

Get more FREE content from RobertGet a FREE audiobook from AudibleRead the 9 Key Steps to Effective Personal Financial ManagementCheck out our Investing Starter Packs about business and financeBen Felix's Youtube account Common Sense InvestingBen Felix's Rational Reminder podcastTyler Cowen’s podcast Conversations with TylerJohn Cochrane's podcast The Grumpy Economist MI054: Common Sense Investing w/ Ben Felix MI077: Warren Buffett Might Not Actually be the Greatest Investor of All-Time w/ Ben Felix REI081: Secret Accounts of the Wealthy, That You Can Use Too w/ Bill Neville (Part 1)REI082: Secret Accounts of the Wealthy, That You Can Use Too w/ Bill Neville (Part 2)Bloomberg article “Record Stock Sales from Money-Losing Firms Ring the Alarm Bells”David Swensen’s book Unconventional SuccessDavid Swensen’s book Pioneering Portfolio ManagementJohn Bogle’s book The Little Book of Common Sense InvestingJoel Greenblatt’s book The Little Book That Still Beats the MarketAll of Robert’s favorite booksSupport our free podcast by supporting our sponsorsSave with a credit union that helps you build financial confidence with Navy Federal Credit UnionMake it simple to hire and manage remote employees across all 50 states with Justworks.Experience Manscaped’s new Lawnmower 4.0 - the ultimate trimmer that provides intelligent functionality and incredibly comfortable grooming experience! Get 20% OFF and free shipping with the code MI.Start feeling better with a single message with Talkspace. Match with a licensed therapist and get $100 off your first month with the promo code MIGet your free copy of The Entrust Group's 5 steps to investing in real estate with a SDIRA today.

Read this episode’s transcript and full show notes on our website.

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