In this week’s episode, Cameron and Benjamin share what’s on their mind and delve into listener questions on subjects ranging from the CAPE ratio to how to go about changing someone’s mind. Tuning in you’ll get a preview of some of the formidable guests featured on future episodes, like John Cochrane and Hersh Shefrin. We also cover book recommendations and unpack the concept of libertarian paternalism from the highly influential best-seller, Nudge: The Final Edition by Richard Thaler and Cass Sunstein, and how it can be a force for good. We cover various facets of passive investing and index funds including how, despite its proven effectiveness, many people continue to take a dim view of it. Learn why certain personality types may be more drawn to active investing and why. We also share tips for reasoning with skeptics, including some useful questions to ask when things get heated. Next, we take an in-depth look at index funds and global returns over the last century based on the research of Dimson, Marsh, and Staunton and their book Triumph of the Optimists. We also answer questions from our Talking Cents Cards and take a look at the best bad advice from the previous week. This episode is packed with fascinating anecdotes and excellent recommendations that you won’t want to miss! Tune in today!

Timestamps:
0:00 Intro
10:00 Cameron’s Recommendations/ In the News
19:47 Listener questions
37:33 Main Topic: Lessons from 100+ Years of Global Stock Returns
57:45 Talking Cents
1:01:22 Bad advice of the week / End


Links From Today’s Episode:
Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/t....
Rational Reminder Website — https://rationalreminder.ca/
Shop Merch - https://shop.rationalreminder.ca/
Join the Community - https://community.rationalreminder.ca/
Follow us on Twitter -   / rationalremind  
Follow us on Instagram - @rationalreminder
Benjamin on Twitter —   / benjaminwfelix  
Cameron on Twitter —   / cameronpassmore  
Nudge: The Final Edition — https://sites.prh.com/nudgethefinaled...
Magnify Money article: 66% of Investors Regret Impulsive or Emotional Investing Decisions, While 32% Admit Trading While Drunk — https://www.magnifymoney.com/blog/inv...
Rational Reminder Episode 136 — https://rationalreminder.ca/podcast/136
Think Again: The Power of Knowing What You Don’t Know — https://www.adamgrant.net/book/think-...
Triumph of the Optimists: 101 Years of Global Investment Returns — https://www.amazon.com/Triumph-Optimi...
7 Downsides to Passive Investing and Why it Can Be Bad for Your Portfolio — https://www.entrepreneur.com/article/...