Masters in Business: Larry Swedroe
In this week’s “Masters in Business” podcast, I talk with Larry Swedroe, the author of "Investment Mistakes Even Smart Investors Make and How to Avoid Them" as well as 13 other books on investing. Swedroe is principal and co-founder at Buckingham Asset Management, which manages more than $7 billion and advises on another $16 billion.
In our interview, Swedroe describes the many things that upset the typical investor but do not bother him. He says investors should ignore short-term data and reports including Federal Reserve minutes, International Monetary Fund reports and quarterly earnings.
Instead, he suggests investors should focus on more important things that are within their control, including managing risk, understanding economic history and preventing their stomachs from managing their money.
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