Studying Financial History and Constructing a Diversified Portfolio w/ Ken Winans (MI141)

Clay Finck chats with Ken Winans about the lessons that Ken has learned from studying financial history, why he believes that financial history should be taught in business schools, why January is often an indicator of how the rest of the year will play out, Ken’s thoughts on holding bonds in a portfolio, whether investors should consider TIPS - Treasury Inflation Protected Securities, and much more! Ken Winans is an investment management entrepreneur, an author, and an active philanthropist. Over a long career, he has conducted investment research and designed investment strategies while serving as a portfolio manager, investment analyst and financial writer. As an accomplished investment strategist, he has had much of his investment research published as headline articles by leading websites, magazines, and newspapers. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 - Intro 0:05:25 - Studying financial history and relating it to today’s market environment 0:08:03 - Why Ken believes that financial history isn’t taught in business schools 0:14:55 - Constructing a portfolio for clients 0:23:49 - Managing your own money vs. working with a financial advisor 0:30:30 - Why January is often an indicator of how the market will perform throughout the year 0:35:29 - Ken’s thoughts on Inflation 0:39:14 - Ken’s thoughts on holding bonds in the current market environment 0:45:06 - Whether TIPS are a wise investment instead of bonds 0:47:10 - Why most investors stay away from commodities 0:52:58 - Ken’s thoughts on cryptocurrency 0:57:32 - Biggest mistakes Ken sees in the clients he has worked with 📌 Get your first 3 months of investment management with Titan for zero fees! https://www.titan.com/TIP ✔️ Subscribe to Millennial Investing podcast show: https://open.spotify.com/show/7dnn22E... 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/m... 📖 BOOKS MENTIONED: Ken Winan’s books: https://amzn.to/3rwIaJ4 The Intelligent Investor by Benjamin Graham: https://amzn.to/3ozuV8B Technical Analysis of Stock Trends by Robert Edwards: https://amzn.to/3Llqd7Z Richer, Wiser, Happier by William Green: https://amzn.to/3HzOQeN Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 ▶️ RELATED EPISODES: (MI115) Young Investors Getting Started w/ Kelly Lannan: https://www.theinvestorspodcast.com/m... (MI131) Richer, Wiser, Happier w/ William Green: https://www.theinvestorspodcast.com/m... 💡 OTHER RESOURCES Check out Ken’s website: https://www.wiadviser.com/ Check out Ken’s articles on Forbes: https://bit.ly/3owBfgU Robert and Clay’s tool for picking stock winners and managing our portfolios, TIP Finance: https://www.theinvestorspodcast.com/t... Check out our Investing Starter Packs about business and finance: https://www.theinvestorspodcast.com/m... ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show:    • ⚡️ Bitcoin Fundamentals 🔑   📚 Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show:    • 💰 The Investor’s Podcast 🥇   🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show:    • 🏠 Real Estate 101 💵   💸 Get introduced to the world of investing with our Millennial Investing podcast show:    • 💸 Millennial Investing 🎯   ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook:   / theinvestorspodcast   👔 Linkedin:   / the-investor's-podcast   🐦 Twitter:   / tip_network   ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📥 Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/f... ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.