Matt runs Breaking the Market: https://breakingthemarket.com/welcome, introduced to us by Taylor: https://taylorpearson.me/ergodicity. Topics:

Fortune's Formula (https://amzn.to/3rU8sSV)
Invesco S&P 500® Equal Weight ETF (https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&ticker=RSP). Input RSP and compare it against the S&P 500 here: https://www.theonlineinvestor.com/cagr-calculator.
A similar fund for Australia is VanEck Vectors Australian Equal Weight ETF (https://www.vaneck.com.au/etf/equity/mvw/performance). It does not perform as highly as $RSP though.
The first post of Matt's we talked about was Repetition Economics: The Story of the Hunter, the Mammoth, and The Wolves (https://breakingthemarket.com/repetition-economics-the-story-of-the-hunter-the-mammoth-and-the-wolves/). This was in the context of the environment of evolutionary adaptedness described by evolutioary psychologists Tooby and Cosmides: https://www.cep.ucsb.edu/primer.html. Both of these items are ESSENTIAL READING for the behavioral investor.
The Undoing Project (https://en.wikipedia.org/wiki/The_Undoing_Project)
Farmer's Fable - a Tale of Cooperation (https://www.youtube.com/watch?v=sR2JxfiH7gk and https://www.farmersfable.org).
This video and site is based on work by the London Mathematical Laboratory and you should really become familiar with them as a source of first principles: An evolutionary advantage of cooperation (https://researchers.one/articles/19.03.00004, https://lml.org.uk/research/economics)
Matt mentioned how geometric returns, under 15% volatility, are 1% less than arithmetic returns, see Vol: https://docs.google.com/spreadsheets/d/1k0IDctrpzyLjFFjYqTiPXZuSTwYFJdK-QZQ3AG859Dw/edit?usp=sharing
On cooperation: https://breakingthemarket.com/an-ode-to-cooperation
The Most Misunderstood Force in the Universe: https://breakingthemarket.com/the-most-misunderstood-force-in-the-universe
Stocks, Treasuries, and Gold: https://breakingthemarket.com/stocks-treasuries-and-gold
Why Market Index Investing Works: https://breakingthemarket.com/why-market-index-investing-works
Milestones: https://breakingthemarket.com/reflecting-at-the-milestones-implementing-the-partial-kelly-strategy
The Ultimate 401k Strategy: https://breakingthemarket.com/the-ultimate-401k-strategy


---

Send in a voice message: https://anchor.fm/the-behavioral-investor/message