On today’s Intelligent Money Minute, we’ll interview Larry Swedroe on hope for the retail investor. Because retail investors tend to struggle to outperform, we want to ask Larry what opportunities are available for them. Larry believes there are great opportunities for retail investors. Academics have converted Alpha into data that allows retail investors to invest “like Warren Buffet.” This is due to academics basing their investment philosophy on research, a.k.a. factor-based investing. Typically, there are extra or unique risks (independent factors) present with factor-based investing. Therefore, these investments have delivered above-average returns. Between 300-600 factors have been identified (as mentioned in Larry’s book). However, we tend to only think that there is a handful worth investing in.
If you are an Intelligent Investor who wants to explore Factor-based investing, go to our blog page. Also, you can check out Larry Swedroe’s book Your Complete Guide to Factor-Based Investing here.
We’ll be interviewing Larry on several podcasts regarding markets, passive investing, and diversification, so be sure to subscribe to our Intelligent Money Minute podcasts.
Larry was among the first authors to publish a book that explained the science of investing in layman’s terms, “The Only Guide to a Winning Investment Strategy You’ll Ever Need.” He has since authored seven more books.
Larry Swedroe Bio
Since joining the Buckingham Strategic Wealth in 1996, Chief Research Officer Larry Swedroe has spent his time and energy educating investors on the benefits of evidence-based investing.
In his role as chief research officer and as a member of the firm’s Investment Policy Committee and Board of Directors, Larry regularly reviews the findings published in dozens of peer-reviewed financial journals, evaluates the outcomes and uses the result to inform the firm’s formal investment strategy recommendations.
Larry’s dedication to helping others has made him a sought-after national speaker. He has made appearances on national television shows airing on NBC, CNBC, CNN and Bloomberg Personal Finance. Larry is a prolific writer, contributing regularly to multiple outlets, including Advisor Perspectives and ETF.com.
Before joining Buckingham, Larry was vice chairman of Prudential Home Mortgage and senior vice president at Citicorp.
Larry holds an MBA in finance and investment from NYU, and a bachelor’s degree in finance from Baruch College.