Jan 13, 2022
Our guest today is Jason Zweig. Jason has been a Columnist for the Wall Street Journal (WSJ) since 2008, writing the Intelligent Investor Column. Jason is on a short list of people globally that advocate for individual investors on a weekly basis and is somebody that embodies the spirit of The Investors First Podcast (putting investors first).
Before joining the WSJ, Jason held positions with Money Magazine
(Senior Writer) and Forbes (Mutual Funds Editor), while also
serving as a guest columnist for Time magazine and cnn.com. He is author of Your Money and Your Brain, is editor
of the revised edition of Benjamin Graham’s The Intelligent Investor and his most
recent book is The Devil’s
Financial Dictionary.
In today’s episode, we start with Jason’s beginnings on a farm in
upstate New York. We then compare traders vs. investors and discuss
the gamification of investing, time on device (TOD; a term casinos
often use as a measure of success), and the boredom market
hypothesis (BMH; doing nothing). Jason then discusses how we can
improve as an investor emotionally, the lone thing we can often
control. We later discuss why investors don’t incorporate human
capital in their investment portfolio, demand for ESG, the
importance of writing in plain English for investors, and the
illusion of “conflict-free” financial advice. Last, we cover heroes
in investing and the financial literacy industrial
complex.
Our hosts today
are Steve Curley, CFA and Chris
Cannon, CFA. Please enjoy
the episode. Follow the CFA Society of Orlando
on Twitter and LinkedIn.
We invite you to join CFA Society Orlando on February 23rd for our 2022 Annual Forecast Dinner. our dinner's featured speaker, Dr. David Kelly, CFA, Chief Global Strategist and Head of Global Market Insights Strategy Team with J.P. Morgan Asset Management. Please note, you do not need to be a CFA charterholder or be a member of the society to attend. To learn more, click here.