In an environment where market fluctuations have become the norm rather than the exception, investors and financial advisors are constantly seeking strategies that offer both stability and the potential for long-term growth. But with a seemingly endless array of investment options, people can feel overwhelmed and uncertain about how to make better decisions with their money. Navigating these possibilities is not merely about making investments. It's about making informed, disciplined decisions aligned with your financial goals.
In this episode, George and Ryan are joined by Cullen Roche, Chief Investment Officer at Discipline Funds. Cullen's primary areas of expertise include global macro portfolio construction, quantitative risk management, monetary economics, financial accounting, and behavioral finance. He founded Discipline Funds to help investors access low-fee, diversified portfolios that help them stay the course and meet their financial goals. Cullen is also the author of the book, Pragmatic Capitalism: What Every Investor Needs to Know About Money and Finance.
Having developed a framework for understanding the world of investing and financial planning from an operational reality perspective, Cullen talks to Ryan and George about defined duration investing and how investors and advisors build discipline-based portfolios. He discusses the importance of understanding the time horizons of investments and the role of behavioral finance in client conversations. Colin also explains the true nature of investing and the role of savings and income generation in building wealth.
Key Takeaways
Quotes
[09:22] - "The stock market and the financial market are not a place where you get rich. You're going to get rich generally from building your own skills and generating an income from that. And then the stock and bond markets are where you can diversify and protect your wealth from things like inflation and instability and whatnot." ~ Cullen Roche
[16:00] - "The stock market should be best thought of as a multi-decade instrument. It is inherently a long-term instrument." ~ Cullen Roche
[46:08] - "We are helping people better understand the world for what it is so they can build better financial plans and better portfolios to help them achieve their financial goals." ~ Cullen Roche
Links
Connect with Us
2953-OAT-10/27/2023
