Generating Alpha Is Shrinking: Invest Without Picking Winners w/ Larry Swedroe (MI265)

💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/s... 🔐 Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today: https://www.theinvestorspodcast.com/y... Rebecca Hotsko chats with Larry Swedroe. Larry Swedroe is head of the financial and economic research office for Buckingham Wealth Partners, a Registered Investment Advisor firm in St. Louis, Mo. Previously, Larry was vice chairman of Prudential Home Mortgage. Larry holds an MBA in finance and investment from NYU and a bachelor’s degree in finance from Baruch College. IN THIS EPISODE, YOU’LL LEARN: The difference between Alpha versus Beta. Why is the ability to generate alpha shrinking? How competition has played an increasing role in reducing alpha over time. What would happen if everyone went passive? Larry’s perspective on concentration vs diversification. Why good businesses are not as good investments. Should investors prefer dividend-paying stocks over non-dividend-paying stocks? 🎧 Listen to our episodes here: https://open.spotify.com/show/7dnn22E... 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/m... 📖 BOOKS MENTIONED: The Only Guide to a Winning Investment Strategy You'll Ever Need by Larry Swedroe: https://amzn.to/3tX2zXY Think, Act, and Invest Like Warren Buffett: The Winning Strategy to Help You Achieve Your Financial and Life Goals by Larry Swedroe: https://amzn.to/3V6vSmY Investment Mistakes Even Smart Investors Make and How to Avoid Them by Larry Swedroe: https://amzn.to/3AFiwWy Your Complete Guide To Factor-Based Investing by Larry Swedroe: https://amzn.to/3ExbuVa The Incredible Shrinking Alpha: How To Be A Successful Investor Without Picking Winners by Larry Swedroe: https://amzn.to/3ErqEeg Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 ▶️ RELATED EPISODES: (MI238) A Guide To A Winning Investment Strategy w/ Larry Swedroe: https://open.spotify.com/episode/7jLI... 💡 OTHER RESOURCES Connect with Larry:   / larryswedroe   Check out Larry’s writings on Alpha Architect: https://alphaarchitect.com/category/o... Check out Buckingham Wealth Partners: https://buckinghamwealthpartners.com/ Connect with Rebecca:   / rebecca_hotsko   Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a 14-day free trial: https://www.sahg6dtr.com/59QC8Z/R74QP/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙 On Millennial investing, we interview top investors, experts, and successful entrepreneurs such as Kevin O’Leary, JL Collins, Jesse Itzler, and more to guide you on your investing journey. 🌍 Website: https://www.theinvestorspodcast.com/m... ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN OR WATCH 🎧 OTHER SHOWS FROM OUR NETWORK: 📚 Dive into value investing and learn more about billionaires on We Study Billionaires: https://bit.ly/3dklKWR 🏆 Learn from high-profile guests on how to succeed in markets and life on Richer, Wiser, Happier: https://bit.ly/3p3pcHZ 🏘 Learn the ins and outs of real estate investing on Real Estate 101: https://bit.ly/3JDBXm1 ₿ Get updated on all things Bitcoin on Bitcoin Fundamentals: https://bit.ly/3JEE1di 💰 Learn everything you need to know about investing on The Investor’s Podcast Network:    / theinvestorspodcastnetwork   ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ WHO I AM: I’m Rebecca Hotsko, an investor and entrepreneur 💼 based in Canada; co-founder of a luxury boat ⛵ sharing club in Kelowna, British Columbia. I graduated from the University of Saskatchewan with a bachelor’s degree 🎓 in Economics and completed CFA level I and II. I gained valuable experience working as an analyst for the Bank of Canada 🏦, the federal energy regulator and in investment management. My passion for teaching others how to invest using time-tested strategies backed by empirical data led me to create an investing blog 💻 in 2020. ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ 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.