Prof. James Choi: Practical Finance | Rational Reminder 260

[@freedomlife3623]

This is one of my favorite episode, so relatable and very enlightening. We all need to strive to have better understand of ourselves in money matter and learn to better manage it. Personal finance starts with ourselves.

[@russellsawatsky167]

What a tremendous guest! I'll be looking for his name in the future!

[@Eddynatorr]

This was absolutely brilliant. Consumption smoothing is a concept I’ve never thought about. Thanks!

[@michaelwan6245]

This is such a great episode!! James is a tremendous communicator and he made so many solid take home points. Spend more time on eulogy virtues - nailed the landing :)

[@donpeters9534]

40:00 - Chaos based on imperceptible variations in initial parameters.

[@AnhNguyen-bi6vg]

Really enjoying this episode that I listen again. Thank you

[@sh5810]

Hey Ben (or anyone), do you have the paper (or other references) to the concepts discussed at at 24:11? Especially the idea that you shouldn't change your allocation depending on your horizon. Great episode. I don't usually comment, but this episode really caught my attention. From a purely aesthetic point of view, I agree with the point others have made that the fluidity of the conversation, follow-up questions, transition between questions, etc., could be improved a little.

[@s1003yyds]

I think American stocks are a good investment. I have been playing the stock market for 15 years. We can communicate. Do you have any friends who buy stocks?

[@misterr2359]

This was excellent! Thank you!

[@albertofoti4152]

incredible episode! great guest

[@michelangeloserpico5971]

It seems that most financial thinking here is about investing to fund retirement. It would be nice to understand how some of these concepts may change in respect to other goals with different time horizons and probability of achievement (sort of a goal-based asset allocation view).

[@rossmacintosh5652]

What sort of goals were you thinking about?

[@michelangeloserpico5971]

All sorts of expenses, like buying an house or a car, or paying for university tuitions of your children

[@omarlemfadel1344]

Les débats de classe! 💯

[@Kafkaesque786]

Excellent. Thank you

[@AlfonsoSanchez-yr8kd]

An enjoyable conversation. You may consider interviewing Larry Kotlikoff on "Economic based financial investment". He's a very original economist & has unconventional views about the tools & content of financial advice. Rather different approach to "practical advice" than that of your current guest

[@ElektrikaCo]

Ahh yesss, more behavioural economics 😁

[@johng4790]

Big fan but do the interviews seem to be moving towards more robotic Q&A vs follow ups and deeper discussions? Getting a lot of “wow, interesting” and then just moving to the next question.

[@rationalreminder]

Good feedback. We study the guest’s research and design the questions to get the information. In many cases the potential follow ups are built into the set of questions. We can make the transitions more natural though. -Ben

[@s1003yyds]

I think American stocks are a good investment. I have been playing the stock market for 15 years. We can communicate. Do you have any friends who buy stocks?

[@SeaJay4444]

I think that's kind of always been the RR style, hammering out A LOT of questions and just letting the interviewee talk about stuff without interjecting much or going into tangents. It's definitely very unusual compared to most of the other podcasts I've listened to, but I kind of like it.

[@cbqmrbqm8972]

It‘s so wrong 😂. The disbelief is so genuine it hurts.

[@timelston4260]

Good stuff, except he seems to think his god is something more than an idea in his head. The irony is that a world with no religion is equally wishful thinking.

[@s1003yyds]

I think American stocks are a good investment. I have been playing the stock market for 15 years. We can communicate. Do you have any friends who buy stocks?

[@timelston4260]

@@s1003yyds I would never refer my friends to your scam

[@jasonhobbs2405]

So I take it you BELIEVE… that there is no God

[@timelston4260]

@@jasonhobbs2405 I noticed you didn't say I BELIEVE... he has a head.

[@jasonhobbs2405]

@@timelston4260 God? Yes, I believe that God has a head.