TIP486: Macro Investing w/ Cullen Roche

IN THIS EPISODE, YOU’LL LEARN:01:22 - Why and how do we need to understand the macro environment when we invest07:18 - Why we should think of the economy as we think of the human body19:02 - Why the traditional buy-and-hold equity strategy is flawed26:20 - Why a house we live in is typically not a good investment35:16 - How has the stock market performed after inflation and taxes? 40:38 - Why investors are not globally diversified when they invest in the S&P50048:27 - Why bonds bear markets are different from bear markets in stocks55:58 - Why diversification is about hating some of your portfolio all of the time1:03:49 - How money creation will change with a digital currency by central banks1:11:53 - What is yield curve control, and how is it exercised? 1:16:08 - What is the third mandate of the FED?Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESStig's first part interview with Cullen Roche about Inflation.Cullen Roche's website, The Discipline Funds.Cullen Roche's website, Pragmatic Capitalism.Tweet directly to Cullen Roche.Email Cullen at cullenroche@orcamgroup.com.Cullen Roche's YouTube channel.Cullen Roche’s new research paper, All Duration Investing.Cullen Roche’s book, Pragmatic Capitalism – Read reviews here.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSInvest in high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Private assets represent 98% of companies in North America but are absent in most portfolios. Reconstruct your portfolio with private markets with Mackenzie Investments.Build a plan that helps you strengthen your financial security with RBC Wealth Management. RBC capital markets LLC, member NYSE, FINRA, SIPC.Throw out the old traditions and get progressive. Discover the complete package - smart design, lots to love under the hood with Genesis.Have gold and silver shipped directly to your door for you to hold at your home. Get BullionMax’s Gold Investor Kit today - 3 ounces of the world’s most desirable gold coins, including the Gold American Eagle and Canadian Maple Leaf.See the potential of your business. Find solutions that work for you, that tick bigger boxes and help you grow with Square.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Enjoy a 400-calorie meal that contains 40g of expertly sourced, premium plant protein, all 26 essential vitamins and minerals, and a scientifically calibrated mix of carbs, good fats and fiber with Huel Black Edition. Plus, get a free t-shirt and free shaker with your first order.Start printing everything your small business needs and discover the endless printabilities with VistaPrint.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Get position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Start building a portfolio of alternative farm and timberland assets with AcreTrader.If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

by We Study Billionaires - The Investor’s Podcast Network