Last month, I started a new series of articles I am going to write to highlight some of the episodes of our Excess Returns podcast that I have learned the most from and the biggest lessons I learned from them. In my initial article, I looked at our episode with Andrew Beer.
This week, I want to look at the episode we just released yesterday with Harley Bassman.
We all know that having a sound process is crucial to investing success. Finding something that works over the long-term and adhering to it through the inevitable ups and downs that the market brings is essential to achieving our goals. This is particularly true in the world of systematic investing that I live in. If you are going to call yourself a systematic investor and you don’t adhere to your system, then you probably aren’t going to have much success.
But having a process doesn’t mean you shouldn’t ever change it.
In this episode we are joined by Harley Bassman, Managing Partner at Simplify ETFs. Harley's work on convexity and how to utilize it in portfolios earned him the nickname the Convexity Maven. We discuss convexity and how investors can benefit from it in their investment strategies and also cover a wide range of other topics, including inflation, housing, Fed policy and a lot more.
In this episode we talk with Ben Carlson, author of the popular A Wealth of Common Sense blog and Director of Institutional Asset Management at Ritholtz Wealth Management.
We discuss Ben's path to creating and building the blog and what he has learned along the way. We also get Ben's help putting the current market and economic situation in historical context and discuss some of the biggest lessons he has learned studying market history.
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