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Welcome to ’It’s All About Clarity®’ the go to podcast for bringing clarity to your financial journey. Join Mark Pearson and the Nepsis team as they share insights to portfolio management, tax strategy and more. Whether you’re interested in investing, retiring, giving, saving, advising or tax planning here ”It’s All About Clarity®’!
Episodes
Wednesday Sep 20, 2023
Predictions, Pitfalls, and Profits: Your Guide to Smarter Investing (Ep. 98)
Wednesday Sep 20, 2023
Wednesday Sep 20, 2023
Do you truly understand your investments?
In this revealing episode, Mark Pearson and Chuck Etsweiler dive into the often misunderstood world of investing, examining why even seasoned investors and financial advisors stumble. They question common beliefs about market predictions, the role of financial advisors, and why so many investors are left in the dark about their own portfolios.
Throughout this episode, Mark and Chuck discuss:
- Why you should know what you own and why you own it
- How to avoid falling into “market prediction” traps
- Why it’s important to stay invested especially during downturns
- How a strong asset allocation strategy can be your financial safety net
- And more!
Resources:
- Nepsis White Paper: Why Addiction To Prediction Is Detrimental To Your Investing Health
- Monte Carlo Simulation
- Investopedia
- "Behaving Badly" - 2006 Study by James Montier
- Dunning-Kruger Effect
- May 6, 2010 “Flash Crash”
Connect With Chuck Etzweiler:
Connect with Mark Pearson:
About Our Guest:
With more than three decades of investment industry experience, Chuck Etzweiler, MBA, CIMA®, CFP®, CMT directs the on-going research efforts of the firm, much of which help both advisors and clients understand the philosophy and strategy of Nepsis, Inc. in a deeper manner.
A high percentage of the focus of the research is centered around money manager pitfalls, investor short-comings and repetitive behavioral biases that detract clients from earning optimal returns.
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