On today’s show we have Nick Maggiulli. Nick is the COO and Data Scientist at Ritholtz Wealth Management. He’s also the author of the popular blog OfDollarsAndData.com as well as his new book Just Keep Buying, which authors like Morgan Housel deem a “must read.” Nick is an expert in reframing and debunking old financial rhetoric.
IN THIS EPISODE, YOU’LL LEARN:
00:00:00 - Intro
00:00:52 - Why you actually might not want to max out your 401k
00:07:20 - Why you shouldn’t try to “buy the dip.”
00:16:47 - Why you probably shouldn’t pick stocks
00:25:52 - Nick’s case for bonds in today’s economy
00:31:24 - How to buy during a crisis
00:35:20 - Three reasons you should consider selling a position
00:39:10 - Why even if you get rich you may never feel rich
I enjoyed getting to talk to Nick and reading his book. Sometimes it’s just hard to argue with the data. So with that here’s my conversation with Nick Maggiulli.
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📖 BOOKS MENTIONED:
- Just Keep Buying by Nick Maggiulli: amzn.to/37DqCTR
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▶️ EPISODES MENTIONED:
- (MI157) Just Keep Buying w/ Nicholas Maggiulli: www.theinvestorspodcast.com/m...
💡 OTHER RESOURCES
- Trey's Twitter Account - / treylockerbie
- Nick's Twitter Account - / dollarsanddata
- Visit OfDollarsAndData Blog: www.ofdollarsanddata.com/
- SPIVA reports: www.spglobal.com/spdji/en/res...
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