Burton Malkiel - Applying 'A Random Walk' to the World Today

Subscribe to The Meb Faber Show podcast on your favorite platform so you never miss an episode! pod.link/1128955736
Today’s guest is Dr. Burton Malkiel, a legendary economist, Chief Investment Officer of Wealthfront, and author of one of the most widely read investment books ever, A Random Walk Down Wall Street, which recently came out in the 50th edition.
In today’s episode, Dr. Malkiel shares what’s changed in the latest update of his book, touching on the role of bonds given higher yields today, the impact of inflation, and why it may be time to consider adding I Bonds to your portfolio.
Then we talk about some current investment trends. He pushes back on the ESG-craze, discusses the recent underperformance of risk parity, and suggests you look at your portfolio to be sure you aren’t overallocated to US stocks today.
To see links or read the transcript of the episode, visit us at:
mebfaber.com/2023/05/31/burto...
-----
Today's episode is sponsored by YCharts. YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. YCharts offers a suite of intuitive tools, including numerous visualizations, comprehensive security screeners, portfolio construction, communication outputs, and market monitoring. To start your free trial and be sure to mention "MEB" for 20% off your subscription here: go.ycharts.com/meb2023 (New clients only)
-----
Follow Meb:
Twitter: / mebfaber
LinkedIn: / mebanefaber
Website: mebfaber.com/
To learn more about our products and follow us, subscribe to our mailing list: theideafarm.us1.list-manage.c...
Listen and subscribe on the platform of your choice:
Apple: podcasts.apple.com/us/podcast...
Spotify: open.spotify.com/show/6gEEIpE...
Google: podcasts.google.com/feed/aHR0...
Follow The Idea Farm:
Subscribe (FREE!): www.theideafarm.com
Twitter: / theideafarm
LinkedIn: / theideafarm-co
Tik Tok: / mebfabershow
Instagram: / reels

[@freeroamer9146]

The man speaks a lot of sense. Looking forward to reading the book! 👍

[@royjones59344]

Excellent.

[@paulbraga4460]

will get back to this....mygreathanks and blessings

[@garypowell9006]

Meb, have you interviewed Sir Steven Wilkinson?

[@foodguy3435]

VT and chill

[@in_my_mind7781]

Yes!! But what about Bonds ? I'm thinking about an Aggregate Bond ETF.

[@foodguy3435]

@@in_my_mind7781 depends on your age

[@HugoZierth-jj2pd]

Nailed it