Weekend Reading is a collection of Investment Research and Lifestyle topics from all corners of the Web.We source the highest quality insights from Wall Street and Main Street that you may apply to your investment process. Unlike the rest of Bankeronwheels.com, this series is provided without additional guidance. As usual, everything is to be used at your own risk. Below is the type of content we shortlist.
Invest Wisely section is dedicated to research on how to invest for the Long Run using Passive Investment Strategies. Read Topics related to (i) Portfolio Construction and Asset Allocation (ii) Acting wisely by avoiding behavioural traps and also (iii) publications that help understand how financial markets work.
Active Investing section relates to improving your knowledge about active investing. If you decide to sin, then sin only a little. Given ample evidence, combined active bets should be ideally a relatively small fraction of your portfolio. This section also includes Sustainable Investing. You can invest in a Socially Responsible way, but there are many ESG traps. Learn how to invest sustainably, and what it means for expected returns, with our definitive guide to sustainable investing.
Personal Finance section is dedicated to UK and European Products. It can also touch on other European jurisdictions outside the Euro-zone.
CONSTRUCT YOUR PORTFOLIO
Regret optimized portfolios and optimal retirement income (Rational Reminder – 1 hr 8 Min )
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David Blanchett, Head of Retirement Research for PGIM DC Solutions, talks about regret in portfolio construction, optimal retirement income strategies, retirement tools, retirement planning, compensation models in the industry, risk exposures, and portfolios. Next, there is a high-level overview of some of the fascinating work that David has done on home-country bias.
HOW TO INVEST
Einstein once said that common sense is the collection of prejudices acquired by the age of eighteen. Similarly, much of what is conventional wisdom on investing is wrong. Most people can get by just fine without knowing anything about, say, rocket science. It is substantially more difficult to get through life without being knowledgeable about finances. Today’s let’s have a look at a book that helps create investors that are more likely to achieve their goals.
UNDERSTAND FINANCIAL MARKETS
FACTOR & Thematic investing
ALTERNATIVE ASSET CLASSES
The Dyslexic Man Who Built a $7 Trillion empire – The Charles Schwab Story (FinAIus – 30 Min )
Witness the tale of Charles Schwab: a boy faced with dyslexia and a humble upbringing, who persevered through adversity to build one of the largest financial empires in history, showing the world that limitations are merely stepping stones to greatness.
What Real Financial Advice Means with Carl Richards (Peter Lazaroff – 43 Min )
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In this episode, Carl Richards, a Certified Financial Planner and creator of the Sketch Guy column, appearing weekly in The New York Times since 2010 discusses How investors fall victim to the behaviour gap and what it means to do real financial planning & The best way to avoid “The Big Mistake”.
Great books on money management and financial freedom investing are hard to find, especially ones with no ulterior motive. That’s why Invest Your Way to Financial Freedom by Ben Carlson and Robin Powell is an exciting addition to the UK Personal Finance space. The authors, both professionals in the field with decades of investing experience, explain the concepts of good financial habits clearly and concisely, so that even complete beginners can follow. Let’s have a closer look at the book and whom it might benefit the most.
COST OF LIVING
Question of the week
DESIGN YOUR LIFESTYLE
In conversation with neuroscientest David Eagleman on exploring consciousness, sensory augmentation and more (The Tim Ferris Show – 1 hr 49 Min )
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David Eagleman is a neuroscientist, New York Times bestselling author, TED speaker, and Guggenheim Fellow. He is the writer and presenter of the Emmy-nominated series The Brain on PBS, as well as the podcast Inner Cosmos with David Eagleman. In this podcast, he talks productivity, dreaming, improving hearing with a wristband, stretching time with novelty and much more.
Health & Wellness
CAREERS & REMOTE WORK
The Impact Of AI on Investing (Excess Returns – 54 Min )
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In this episode, University of Florida Professor of Finance Alejandro Lopez-Lira, who worked extensively with this new technology and recently authored the paper “Can ChatGPT Forecast Stock Price Movements? Return Predictability and Large Language Models” discusses how ChatGPT works, its potential future impact on investing.
Last Week We asked you
How would you describe your current life situation?
SUGGEST AN ARTICLE
Thank you for reading.
Good Luck & keep’em* rolling!
(* Wheels & Dividends)
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