The Rational Reminder Podcast | What are financial advisors (measurably) useful for? | Rational Reminder 249 @rationalreminder | Uploaded April 2023 | Updated October 2024, 1 hour ago.
Our focus for this episode is the real utility of financial advisors, and Ben shares a host of research and findings about the supposed and actual value that advisors can offer investors. This segment continues our exploration of investment basics, a fundamental theme for this show and our work at PWL Capital. One of the biggest and clearest lessons that becomes apparent through this discussion is the need for financial literacy independent of advice and so-called expertise from the outside. With that said, we do find time to share some of the positives investors can accrue from dealing with a trustworthy advisor and the conditions necessary for this. Later in the episode, our colleague Lukas Fleck joins us to share his review of The Obstacle Is the Way by Ryan Holiday and some of his own reading habits and tips. We finish the episode with lighter content about hot sauces, TV shows, and Ben's latest home improvement.
Timestamps:
0:00 Intro
4:33 Main Topic: What are Financial Advisors (Measurably) Useful for?
38:25 Main Topic: Addendum
45:23 Episode 43: 60 Seconds
48:02 Book Review: The Obstacle is the Way + Special Guest Lukas Fleck
56:35 23 in 23 Challenge: Special Guest Lukas Fleck
1:08:03 Aftershow
Ad mentioned by Ben:
Video: reddit.com/user/AMF_Quebec/comments/11rzoc9/les_risques_de_fraude_avec_les_cryptos_sont_bien/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&utm_content=1&utm_term=15
Text: lautorite.qc.ca/en/general-public/investments/crypto?utm_campaign=crypto-phase2-1017340&utm_content=image-amf_crypto2023_1x1_6sec_02_fr-fr&utm_medium=social&utm_source=reddit
Participate in our Community Discussion about this Episode:
community.rationalreminder.ca/t/episode-249-what-are-financial-advisors-measurably-useful-for-discussion-thread/23120
Books From Today’s Episode:
The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph — amzn.to/3MXh1dl
The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money — amzn.to/3UM8KLb
Deep Work: Rules for Focused Success in a Distracted World — amzn.to/3AuSXqZ
Making Numbers Count: The Art and Science of Communicating Numbers — amzn.to/41HXnWK
Links From Today’s Episode:
Rational Reminder on iTunes — itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.
Rational Reminder Website — rationalreminder.ca
Shop Merch — shop.rationalreminder.ca
Join the Community — community.rationalreminder.ca
Follow us on Twitter — twitter.com/RationalRemind
Follow us on Instagram — @rationalreminder
Benjamin on Twitter — twitter.com/benjaminwfelix
Cameron on Twitter — twitter.com/CameronPassmore
Lukas Fleck — pwlcapital.com/profile/lukas-fleck
Extra references can be found at: rationalreminder.ca/podcast/249
Our focus for this episode is the real utility of financial advisors, and Ben shares a host of research and findings about the supposed and actual value that advisors can offer investors. This segment continues our exploration of investment basics, a fundamental theme for this show and our work at PWL Capital. One of the biggest and clearest lessons that becomes apparent through this discussion is the need for financial literacy independent of advice and so-called expertise from the outside. With that said, we do find time to share some of the positives investors can accrue from dealing with a trustworthy advisor and the conditions necessary for this. Later in the episode, our colleague Lukas Fleck joins us to share his review of The Obstacle Is the Way by Ryan Holiday and some of his own reading habits and tips. We finish the episode with lighter content about hot sauces, TV shows, and Ben's latest home improvement.
Timestamps:
0:00 Intro
4:33 Main Topic: What are Financial Advisors (Measurably) Useful for?
38:25 Main Topic: Addendum
45:23 Episode 43: 60 Seconds
48:02 Book Review: The Obstacle is the Way + Special Guest Lukas Fleck
56:35 23 in 23 Challenge: Special Guest Lukas Fleck
1:08:03 Aftershow
Ad mentioned by Ben:
Video: reddit.com/user/AMF_Quebec/comments/11rzoc9/les_risques_de_fraude_avec_les_cryptos_sont_bien/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&utm_content=1&utm_term=15
Text: lautorite.qc.ca/en/general-public/investments/crypto?utm_campaign=crypto-phase2-1017340&utm_content=image-amf_crypto2023_1x1_6sec_02_fr-fr&utm_medium=social&utm_source=reddit
Participate in our Community Discussion about this Episode:
community.rationalreminder.ca/t/episode-249-what-are-financial-advisors-measurably-useful-for-discussion-thread/23120
Books From Today’s Episode:
The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph — amzn.to/3MXh1dl
The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money — amzn.to/3UM8KLb
Deep Work: Rules for Focused Success in a Distracted World — amzn.to/3AuSXqZ
Making Numbers Count: The Art and Science of Communicating Numbers — amzn.to/41HXnWK
Links From Today’s Episode:
Rational Reminder on iTunes — itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.
Rational Reminder Website — rationalreminder.ca
Shop Merch — shop.rationalreminder.ca
Join the Community — community.rationalreminder.ca
Follow us on Twitter — twitter.com/RationalRemind
Follow us on Instagram — @rationalreminder
Benjamin on Twitter — twitter.com/benjaminwfelix
Cameron on Twitter — twitter.com/CameronPassmore
Lukas Fleck — pwlcapital.com/profile/lukas-fleck
Extra references can be found at: rationalreminder.ca/podcast/249
