Premium Only Content

The Four Pillars of Investing: Lessons for Building a Winning Portfolio by William J. Bernstein
See Book on Amazon 👉 https://amzn.to/4lRTf0L
Unveiling the Secrets of 'The Four Pillars of Investing' with William J. Bernstein
In this episode, we demystify the complex world of investing by diving into key insights from William J. Bernstein's seminal work, 'The Four Pillars of Investing.' We debunk the common perception that successful investing requires picking hot stocks or predicting market moves, revealing instead that a sound investment strategy is based on understanding four critical pillars: Theory, History, Psychology, and the Business of Investing. Learn why risk and return are inseparable, how history and human behavior drive market cycles, the biases that often sabotage investor decisions, and the industry's conflicting incentives. Discover how to build a diversified portfolio using low-cost index funds and the importance of maintaining discipline through market ups and downs. Join us for an enlightening journey to becoming a well-informed and successful investor.
00:00 Introduction: The Illusion of Secret Investing Knowledge
00:33 Unveiling the Four Pillars of Investing
02:01 Pillar One: Investment Theory
03:47 The Risk of Relying on Luck in Investing
05:56 Pillar Two: Historical Insights on Market Behavior
13:31 The Psychology Behind Market Cycles
16:34 Speculative Stocks vs. Reliable Fundamentals
17:18 Psychological Traps in Investing
17:42 Strategies to Combat Psychological Biases
18:51 Understanding the Investment Business
19:18 The Role of Brokers and Advisors
20:26 Mutual Funds and Their Pitfalls
22:07 The Vanguard Revolution
22:53 The Financial Media's Influence
23:58 Building a Winning Portfolio
25:29 The Importance of Diversification
27:07 Rebalancing and Withdrawal Strategies
29:24 Lessons from Market Crashes
32:02 Final Thoughts and Takeaways
-
14:38
Nikko Ortiz
20 hours agoADHD vs Autism
71.2K45 -
LIVE
TonYGaMinG
1 hour ago🟢 INDUSTRIA 2 PLAYTEST / ACTIVE MATTER LATER
50 watching -
LIVE
FoeDubb
2 hours ago🏰KINGDOM MENU: 🎮SHORT SATURDAY SESH ON DECK DILLY DILLY!!
93 watching -
GlizzyPrinceChristian
2 hours agoCOD SATURDAYS DIGGY DIGGY DIGGY| We Testing Out This Beta
5.91K2 -
LIVE
MrR4ger
4 hours agoSCARETOBER DAY 4 - AMNESIA: THE BUNKER - ACTIVE MATTER WITH GUMO AN TONY #PARTNERED STREAM
29 watching -
FyrBorne
15 hours ago🔴Warzone/Black Ops 7 M&K Sniping: From the Zone to Zombs
28.3K1 -
LIVE
blackfox87
5 hours ago🟢 SUBATHON DAY 3 | Premium Creator | #DisabledVeteran
72 watching -
4:12:25
EXPBLESS
4 hours agoArena Breakout (This Game Is Hard But Fun) How Much Can We Make Today? #RumbleGaming
27.2K6 -
4:40
GritsGG
19 hours agoTwo Easter Eggs on Call of Duty Warzone!
53.4K4 -
2:08:19
Side Scrollers Podcast
1 day agoNetflix Execs to TESTIFY Over LGBTQ Agenda + IGN DESTROYS Xbox Game Pass + More | Side Scrollers
88.8K26