Tune in to hear:

• Why does Cullen argue in his new book that there is no perfect portfolio and argues that we should be worrying more about process?
• How do we begin to move our clientele from this search for a silver bullet to start thinking about their portfolios in a more systematic, bespoke way?
• Why does Cullen believe that advisors should match assets to future liabilities rather than just chasing returns? From a behavioral perspective, why is this shift hard for investors to internalize at times?
• Do most “diversified portfolios” fail Cullen’s test of diversification?
• If a listener adopted Cullen’s investing framework, what would they likely do differently during a period of market stress compared to an average investor?

Links

• Cullen Roche on Twitter
• Cullen Roche on LinkedIn
• Your Perfect Portfolio
• Discipline Funds

Connect with Us

• Meet Dr. Daniel Crosby
• Check Out All of Orion’s Podcasts
• Power Your Growth with Orion

Disclosures:

These show notes may contain links to third-party websites. Any links to such third-party websites are provided solely as a convenience to you and not as an endorsement by Orion of the content on such third-party websites, or any affiliation or association with its operators. Orion is not responsible for the content of linked third-party websites, including, without limitation, any link contained in a linked website, or any changes or updates to a linked website, and do not make any representations regarding the information, services, products or accuracy of any material contained on such third-party websites.

Compliance Code: 2000-U-26188

Tune in to hear:

• Why did Derrick Kinney leave behind his career as a financial advisor to become an author and public speaker?
• What does Derrick think money reveals about people that we may be slow to admit?
• How does Derrick suggest people get started with philanthropy if they’ve been hesitant for whatever reason?
• As people try to reorient their relationship with money, what are some rain clouds or obstacles they might run into and how can they better prepare for these?
• What is a belief about money that’s ostensibly responsible but that might lead us away from self-actualization and generosity?

Links

• Derrick Kinney
• Derrick Kinney on LinkedIn
• Good Money Revolution

Connect with Us

• Meet Dr. Daniel Crosby
• Check Out All of Orion’s Podcasts
• Power Your Growth with Orion

Disclosures:

These show notes may contain links to third-party websites. Any links to such third-party websites are provided solely as a convenience to you and not as an endorsement by Orion of the content on such third-party websites, or any affiliation or association with its operators. Orion is not responsible for the content of linked third-party websites, including, without limitation, any link contained in a linked website, or any changes or updates to a linked website, and do not make any representations regarding the information, services, products or accuracy of any material contained on such third-party websites.

Compliance Code: 1952-U-26181

Tune in to hear:

• What gives money such immense emotional power over us?
• Does Neil think that some of the problems people have with money come from them trying to treat it as this utilitarian thing rather than tapping into the deeper subtext of it?
• What does Neil think is the biggest mismatch between the brain we’ve inherited from our ancestral predecessors and the world we find ourselves navigating in the present day?
• What are one or two high-level tips for helping our old brains thrive in this new world?
• Why does Neil describe the brain as a prediction machine rather than a thinking machine? What are the implications of this on peoples’ financial decision making?
• What role does Neil think emotion should play in financial decision making? Should we ignore or embrace emotion?
• It also seems true that letting emotion lead our financial decision making too much is a mistake, so how do we strike a balance between emotion and rationality?
• Why does the human brain do such a poor job of relating to its future self?
• If Neil could correct one misunderstanding that financial advisors have about human behavior, what would it be?

Links

• Neil Bage
• Substack
• LinkedIn

Connect with Us

• Meet Dr. Daniel Crosby
• Check Out All of Orion’s Podcasts
• Power Your Growth with Orion

Disclosures:

These show notes may contain links to third-party websites. Any links to such third-party websites are provided solely as a convenience to you and not as an endorsement by Orion of the content on such third-party websites, or any affiliation or association with its operators. Orion is not responsible for the content of linked third-party websites, including, without limitation, any link contained in a linked website, or any changes or updates to a linked website, and do not make any representations regarding the information, services, products or accuracy of any material contained on such third-party websites.

Compliance Code: 1954-U-26181