If you want to learn how to invest, this episode of the Unlimited Podcast isn’t for you. Brian sits down with renowned investor Barry Ritholtz to talk about his new book How Not to Invest. They explore Barry’s irreverent communication style, the creation of Ritholtz Wealth Management, his belief that “nobody knows anything,” and much more.
Barry Ritholtz is one of the most influential voices in modern finance known for blending behavioural insight with data-driven analysis. As co-founder, chairman, and CIO of Ritholtz Wealth Management (founded in 2013), he oversees a multibillion-dollar advisory firm built on transparency, fiduciary duty, and client alignment.
He’s also a celebrated writer and media figure. Barry created the award-winning blog The Big Picture (founded in 1998, relaunched on TypePad in 2003), which has drawn tens of millions of readers and remains one of the most respected financial blogs online. His commentary has appeared in Bloomberg Opinion, The Washington Post, and across major financial media outlets, including Bloomberg Television.
Barry authored the bestseller Bailout Nation (2009), a sharp critique of the 2008 financial crisis, and his latest book How Not to Invest: The Ideas, Numbers, and Behaviors That Destroy Wealth and How to Avoid Them (March 2025) continues his mission to help investors avoid costly mistakes.
He also hosts Bloomberg Radio’s Masters in Business podcast, featuring long-form interviews with leading investors, economists, and business thinkers.
Barry holds a B.A. in Political Science (with a Philosophy minor) from Stony Brook University and a J.D. (cum laude) from Benjamin N. Cardozo School of Law. He lives on Long Island, New York, with his wife and two dogs.
Timestamps
0:00 Disclaimer & Intro
7:11 What inspired Barry's career?
11:01 Barry's "Day Job" at Ritholtz Wealth Management
15:22 Humour & Professionalism
19:12 What inspired How NOT to Invest?
23:19 Learning from the two Charlies
30:50 Nobody knows anything
38:06 What might investors be blind to?
42:40 The power of saying "I don't know"
48:01 If Barry could do anything, what would it be?
50:17 Outro
From Brian Ginsler, Ginsler Wealth CEO:
"No, this letter won’t focus on the Coldplay “affair” controversy that was all over social media this summer. But I did attend the Coldplay concert in Toronto with my actual wife, and I have pictures to prove it.
In addition to putting on a fantastic show, Coldplay's lead singer, Chris Martin, showed me just how he does his job each night, which got me thinking about how we do our job for our clients."
Listen to this episode to find out...
For the original transcript of this letter and to see weblinks and other media, please visit https://ginslerwealth.com/ginsler-wealth-third-quarter-2025-client-letter-the-coldplay-edition/
In the true spirit of The Unlimited Podcast, this episode in our “lessons with legends” series focuses on the importance of investing in your passions with Canadian entrepreneur, Miles Nadal. Brian and Miles discuss his journey of success, Warren Buffett’s investing secret, and his biggest life lessons.
Miles is a Canadian-born entrepreneur, philanthropist, and world-renowned collector whose inspiring journey began with humble roots in Toronto. He is the founder of Peerage Capital, a leading North American private investment firm with a diverse portfolio spanning real estate, wealth management, and self-storage. Peerage Capital’s affiliated brands include prestigious names like Sotheby’s International Realty Canada, Century 21, Chestnut Park, Echelon Wealth Partners, and Ourboro, among others.
Beyond his success in business, Miles is known for living life with passion and purpose. His famous “Dare to Dream” collection—featuring rare and exotic cars, along with one of the world’s most impressive sneaker collections—was recently auctioned for charity, reflecting his deep commitment to giving back.
A dedicated philanthropist, Miles has made transformational contributions to countless institutions in education, healthcare, and community development. His achievements have earned him accolades including Canada’s Top 40 Under 40 and Ernst & Young’s Entrepreneur of the Year Award, along with many others.
One message consistently emerges in any research on Miles Nadal: “Invest in Passion.” It’s a guiding principle he brings to every aspect of his life—from business ventures to personal pursuits and philanthropic impact.
Timestamps
0:00 Disclaimer & Intro
3:44 Miles' upbringing in Toronto
8:11 Seeing opportunity at an early age
10:02 Taking a start up to a public company
15:05 What is Peerage?
27:22 Principles of finding partners
30:55 The Dare to Dream collection
38:12 Miles' lessons from great people
43:01 Miles' thoughts on Trump's tariffs
48:23 How is Miles using AI?
50:55 What advice would Miles give to his younger self?
56:41 Outro
Two years after his first appearance on The Unlimited Podcast, Jordan Jacobs, Managing Partner & Co-Founder of Radical Ventures, is back to discuss how AI has evolved, and how it will change the future.
Brian and Jordan discuss "agentic" AI and its implications, the impact AI is having and will continue to have on jobs, AI regulation around the world, Jordan's favourite AI tools, and more!
This episode is a "must-listen" for those looking to understand how far AI has come, what lies ahead, and how to navigate the opportunities and risks of this transformative technology.
Plus stick around to the very end to hear "real" Brian speak with "AI" Brian about this episode.
Radical Ventures is a global AI-focused venture capital firm investing exclusively in artificial intelligence, with a presence in Toronto, San Francisco, and London and a mission to back founders building transformative AI companies. Radical's portfolio features category-defining AI leaders such as Cohere, Waabi, Untether AI, and Xanadu. Founders also gain hands-on help from Radical’s “Velocity” services team across recruiting, chip partnerships, go-to-market, policy, governance, and finance.
Jordan Jacobs is the Managing Partner and cofounder of Radical Ventures. He previously co-founded Layer 6 AI (acquired by TD Bank in 2018) and helped launch Toronto’s Vector Institute for Artificial Intelligence. He also serves on the board of the Canadian Institute for Advanced Research (CIFAR) and has helped shape Canada’s national AI strategy, bringing a policy lens to his work with founders. Jordan is also a member of the University of Waterloo President’s International Advisory Board, a Director of Tennis Canada, and has been selected as one of Toronto’s 50 Most Influential People.
Timestamps:
0:00 Episode 16 Recap
1:00 Intro & Disclaimer
4:06 What is AI?
6:30 How has AI evolved in the last 2 years?
11:20 What is Agentic AI
17:37 What does Agentic AI mean for jobs?
21:56 Government sentiment on AI
25:46 Jordan's message to the Minister of AI
37:25 Jordan's advice to businesses NOT using AI
43:35 Where is Radical investing?
51:41 What AI tools is Jordan using personally?
53:31 Outro
54:57 Ginsler.ai
What does it take to go from immigrant outsider to one of Canada’s most prolific entrepreneurs and a globally recognized educator? On this episode of The Unlimited Podcast, Brian Ginsler speaks with Reza Satchu — serial founder, Harvard Business School professor, co-founder of NEXT Canada, and Managing Partner at Alignvest Management Corporation. Reza’s journey is remarkable: from arriving in Canada with little more than ambition, to founding and selling multiple businesses worth billions, to now shaping the next generation of entrepreneurs at Harvard Business School and across Canada.
In this episode, you'll hear about:
Reza’s origin story — including the unconventional parenting, early discomfort, and tight-knit family values that shaped his drive.
The real story behind five businesses Reza founded — including Alignvest Student Housing and KGS Alpha (sold for $1.7B and $400M+ respectively).
His transformative teaching at HBS — including the groundbreaking Founder Launch course, where students can only enroll if they agree not to pursue full-time job recruiting.
Why judgment is the most important skill in the age of AI — and how we should change how we teach students and our children.
A candid take on Canada’s economic standing — and what it will take for this country to compete on the global stage.
This episode is essential listening for anyone interested in entrepreneurship, education, AI, or Canada’s future. Reza brings wisdom, candor, and hard-earned perspective — and we’re thrilled to share it.
Reza Satchu is a renowned Canadian entrepreneur, investor, and educator whose career exemplifies innovation, resilience, and impact. He’s the Founder and Managing Partner of Alignvest Management Corporation, a private investment firm known for several high-profile exits, including KGS Alpha (sold to BMO) and Alignvest Student Housing (sold for over $1.7 billion). Reza is also a Senior Lecturer at Harvard Business School, where he teaches acclaimed courses such as The Entrepreneurial Manager and The Founder Mindset, inspiring the next generation of global business leaders. Beyond academia, he serves as the Founding Chairman of NEXT Canada, a nonprofit that has launched over 500 ventures and raised more than $3 billion in equity capital, solidifying his role as a leading force in Canadian innovation and entrepreneurship.
Born in Mombasa, Kenya and raised in Toronto, Reza immigrated to Canada with his family at age seven and went on to earn a BA in Economics from McGill University and an MBA from Harvard Business School. His professional journey from overcoming early adversity to founding and scaling billion-dollar businesses, offers a powerful blueprint for entrepreneurial success. He has been recognized with prestigious accolades including Canada’s “Top 40 Under 40” Award, the McGill University Management Achievement Award, and the King Charles III Coronation Medal.
Timestamps:
0:00 Disclaimer & Intro
3:43 Growing up as a Canadian immigrant
8:38 Reza's path to HBS
13:05 Founding businesses after Harvard
22:05 Reza's "trick" to founding
31:26 What is "Founder Launch"?
40:16 Reza's thoughts on AI for founders
45:21 What should Canada be doing?
52:02 What AI tool is helping Reza the most?
55:19 Outro
You can find more information about Reza’s Founder Launch class in this article: https://www.harbus.org/post/founder-launch-a-push-to-redefine-entrepreneurship-at-hbs
You can read more about one of Reza’s successful students referenced in the podcast here: https://news.harvard.edu/gazette/story/2025/05/after-flying-apaches-she-needed-a-new-challenge/
From Brian Ginsler, Ginsler Wealth CEO:
"In mid-2018, while I was at a previous investment firm, I met with a prospective client. For context, the markets (S&P 500) had staged a dramatic recovery since the Global Financial Crisis. From its folkloric low of 666 in March 2009, the index had climbed to around 2,700 by mid-2018—an increase of more than 300%.
After I explained why it was a good time to invest with us, I will never forget his response: “I’m waiting until there is blood in the streets.”
I think about him often and wonder if he is...still waiting..."
For the original transcript of this letter and to view weblinks and other media, please visit https://ginslerwealth.com/ginsler-wealth-second-quarter-2025-client-letter-the-waiting-edition/
On this episode of The Unlimited Podcast, Brian speaks with Michael Hyatt, one of Canada’s most successful tech entrepreneurs and now a leading investor and family office principal.
You may know Michael as the co-founder of BlueCat Networks, a global network infrastructure firm that was acquired by private equity in one of Canada’s most notable tech exits, a commentator on the CBC News, or as a former guest Dragon on CBC’s Dragon’s Den. Before BlueCat, Michael co-founded and sold Dyadem, an engineering software company. He is currently Executive Chairman of cybersecurity business Datastealth and also chairs the Hyatt Family Foundation, where they focus on supporting many causes around girls' and women's health, education, and underprivileged communities. But as you’ll hear in this conversation, Michael’s story extends far beyond his startup wins.
Brian and Michael dive deep into entrepreneurial resilience, how to scale and exit a company, and the evolution from founder to investor. Michael shares hard-won insights from building not one but two highly successful tech companies, his philosophy on hiring, and why letting go as a founder is often the smartest move you can make. They also explore how he built the Hyatt Family Office, the disciplines behind capital deployment, and his role as Senior Advisor at Northleaf Capital Partners.
The discussion takes a sharp and candid turn into Canadian policy and innovation, where Michael pulls no punches on what’s holding the country back—and what leaders like Mark Carney must do to turn it around. Plus: as the first episode in a series focused on AI, Michael provides his thoughts on the future of AI, what he’s seeing as a Fellow at the Creative Destruction Lab, and how he's using AI tools today to vet investments and manage complexity at scale.
Michael Hyatt is a tech entrepreneur, investor, and advisor. He co-founded BlueCat Networks (acquired by Madison Dearborn Partners) and Dyadem (acquired by IHS, now part of S&P Global). He is currently Executive Chairman of cybersecurity business Datastealth, leads the Hyatt Family Office, serves as Senior Advisor to Northleaf Capital, and mentors science-based startups through the Creative Destruction Lab. Michael has been named one of Canada’s Top 40 Under 40, has appeared on Dragon’s Den and The Pitch, and is widely regarded as a leading voice on business growth, innovation, and capital allocation in Canada.
Timestamps:
0:00 Disclaimer & Intro
5:32 Michael's entrepreneurial beginnings
11:57 Bringing in new leadership & building tech companies
21:25 Working with family
25:00 Michael's views on investing
30:45 How does bitcoin fit into Michael's portfolio?
35:02 Canada as a business environment
42:27 The creative destruction lab & AI
51:51 Michael's time on Dragon's Den
53:43 How is Michael using AI?
56:46 Outro
In the wake of the Canadian federal election and a tumultuous April, on this episode of The Unlimited Podcast, Brian speaks with Jon Love, Executive Chair and Founder of KingSett Capital. You may recognize Jon from his prolific LinkedIn posts, where he frequently shares his insight on politics, Canada's priorities, and much more. Brian and Jon discuss the founding of KingSett, Jon's thoughts on the election outcome, Canada's path forward under Prime Minister Mark Carney, and more!
Jon Love is the Executive Chair and Founder of KingSett Capital, Canada’s leading private equity real estate investment business – now with a staff of 170 professionals in three offices, and AUM of $18 billion.
After graduating with an HBA from Ivey Business School, in 1976, Jon joined Scotia McLeod in Edmonton as a retail stockbroker, then joined Oxford Properties in 1980, eventually becoming President in 1987 and CEO in 1992. In 1995, Jon took Oxford public and 6-years later, in 2001, Oxford was privatized by OMERS in a $4 billion transaction.
In 2002, 6 months after “going dark”, Jon founded KingSett Capital.
Jon graduated with an Honours degree in Business Administration from Western University’s Ivey Business School, where he is an Emeritus Advisory Board member. In 2016 he was awarded an Honorary Doctorate from Western University. Jon is a member of the Business Council of Canada, the Chief Executives Organization, and YPO. In 2023, Jon received the Ivey Business Leader of the Year Award, the NAIOP Rex Icon Lifetime Achievement Award and in 2024 the Fraser Institute’s Founders Award. In 2018, Jon was awarded the Order of Canada.
Timestamps
0:00 Disclaimer & Intro
5:51 Running Oxford in the 80s & 90s
10:21 Jon's favourite times in his career
12:00 Knowing when to sell a business
15:58 Founding KingSett after "Going Dark"
17:33 KingSett today vs. 20 years ago
19:38 Why does KingSett only operate in Canada?
22:00 Operating while being "Terrified"
24:38 Jon's biggest lessons
28:25 Implementing a succession plan
33:06 Jon's view on the Canadian federal election
40:00 Jon's recommendations for a housing plan
45:52 Investing outside of KingSett
47:30 Playing Offence
48:46 If Jon could do anything, what would it be?
50:30 Outro
Check out this trailer featuring some highlights from episode 52 of The Unlimited Podcast: Straight Talk with Gerald Sheff.
In this interview with Brian's former boss, Brian and Gerald discuss Gerald's path to becoming an architect, meeting Ira Gluskin and the founding of Gluskin Sheff, what to do in times of uncertainty, and more!
For the full episode and more, visit ginslerwealth.com/podcast.
From Brian Ginsler, Ginsler Wealth CEO:
"While I am still not sure how I got into Harvard Business School back in 2001, once on campus I was constantly amazed by the caliber of speakers the school could attract. But at HBS, no visiting speaker generated more excitement than the Greatest Investor in the World – Warren Buffett.
I have been following Buffett’s musings since leaving HBS. Each year, Buffett pens his annual letter to Berkshire Hathaway shareholders. And for the past many years, I have written a standalone Ginsler Wealth commentary on each of Warren’s letters.
Buffett’s latest letter was released on February 22, amid one of the most volatile and uncertain calendar quarters, perhaps in history; and I wrote this letter after the first week of April with Trump's Tariffs roiling global markets. As usual, Buffett’s letter contains some very important themes and lessons. As such, I thought I’d connect The Oracle of Omaha’s latest insights to today’s investing environment—and how we’re applying them in managing client portfolios at Ginsler Wealth."
For the original transcript of this letter and to see weblinks and other media, please visit https://ginslerwealth.com/ginsler-wealth-first-quarter-2025-client-letter-warren-buffett-edition/
In this episode of The Unlimited Podcast, our Lessons with Legends series continues as we welcome Brian's former boss, Gerald Sheff, Co-Founder of Gluskin Sheff + Associates Inc., once one of Canada's pre-eminent wealth management firms. This is a special episode highlighting Gerry's "straight-talking" ways as he recounts:
...And many other insights and words of wisdom. You don't want to miss this one!
Gerry Sheff graduated from the School of Architecture at McGill University in 1964, and received his MBA from Harvard Business School in 1971. Following this, he joined Cadillac Developments in Toronto, which later become Cadillac Fairview, playing a number of key roles with that firm. In 1984, he left and with his partner Ira Gluskin, founded Gluskin Sheff, which went on to become one of the most successful investment firms in Canada.
Timestamps
0:00: Disclaimer & Intro
4:20: Gerry's Architecture Degree
15:17: Beginnings of Gerry & Ira
24:16: Why take a different approach with Gluskin Sheff?
32:52 Gerry & Ira's changing investment philosophy
40:18 The Award Winning Treehouse
46:52 Gerry's Philanthropic Philosophy
48:53 Upgrading Your Thinking
52:05 Gerry's advice on investing in troubling times
55:04 If Gerry could do anything, what would it be?
56:39 Outro
In this episode in our Lessons with Legends series, on The Unlimited Podcast, we welcome David Kassie, Chairman of Outcome Asset Management and Chairman Emeritus of Canaccord Genuity. Brian and David discuss David's journey to becoming Chairman and CEO of CIBC World Markets, the founding of Genuity, some of his most significant deals, and more.
David Kassie has held key leadership roles in the financial industry for decades. He served as Chairman or Executive Chairman of Canaccord Genuity Group Inc. since May 2010 and was Chairman and CEO from April to October 2015. Previously, he was Principal, Chairman, and CEO of Genuity Capital Markets from November 2004 to May 2010, leading the firm until its acquisition by Canaccord Financial. Before that, he served as Chairman and CEO of CIBC World Markets and Vice Chairman of CIBC from 1979 to 2004.
With extensive experience as an advisor, underwriter, and principal, David has played a crucial role in major financial transactions and serves on multiple corporate boards. Beyond finance, he is deeply committed to community and charitable initiatives. He is a Director and former Chairman of Baycrest Health Sciences, where he also led its commercialization efforts. He has previously served on the boards of the Toronto International Film Festival Group, the Hospital for Sick Children, and Ivey Business School.
David holds a B.Comm. (Honours) in Economics from McGill University (1977) and an MBA from the University of Western Ontario (1979).
Timestamps
0:00 Disclaimer and Intro
3:43 Investment Banking & Merchant Banks
10:28 Outcome's history & performance
15:55 Banking in the 80s and 90s
20:14 Leading bankers
26:46 Building the team at Genuity
34:13 Markers of success in interviews
37:33 David's transformative deals
41:01 David's angel investing
44:04 Thoughts on Canadian leadership & trade
49:11 David's best career advice
51:36 If David could do anything, what would it be?
53:48 Outro
For the 50th episode of The Unlimited Podcast, we welcome back David Rosenberg, Founder and President of Rosenberg Research. David founded Rosenberg Research in January 2020 after an illustrious, three-decade career on Wall Street and Bay Street as an economist and market strategist.
With the start of 2025 and Trump's recent inauguration, Brian seeks to uncover David's best views and thoughts on the markets, the economy, Trump's proposed tariffs and the like. In other words, what should investors be thinking and doing in 2025? This is a "must-listen" episode for anyone seeking opportunity amid uncertainty!
A video of the entire interview is accessible below.
https://youtu.be/tTgpC_rq27s
Timestamps
0:00 Disclaimer & Intro
03:16 Uncertainty for 2025
11:22 David's thoughts on U.S. valuations
24:55 Expectations for U.S. equities
34:02 Why is Canada a good place to be?
47:43 Should investors focus on convert CAD to USD?
53:40 Rosie's best advice for 2025
57:11 Outro
From Brian Ginsler, Ginsler Wealth CEO:
In my last quarterly letter I discussed the benefits of “doing nothing” (sometimes) as it relates to investing, but suggested that in my next quarterly letter I would discuss the benefits of “doing something”. So here we go...
I returned to Algonquin Park in the Fall—my regular annual trip with my buddies.
At 2am on our last night, I woke up in the tent and nature was calling. When this happens, the goal is typically to jump out of the tent, do what has to be done, and jump right back in quickly. But while I was outside the tent, I noticed that the pitch darkness of bedtime had turned into a bright moonlit night; the temperature was mild; and I did not hear any bears rustling in the woods (phew). Instead of jumping back into the tent quickly…nature actually was calling…so I decided to do something.
Listen to this episode to find out what Brian did...
For the original transcript of this letter, and to see weblinks and other media, please visit https://ginslerwealth.com/ginsler-wealth-fourth-quarter-2024-client-letter/
As 2024 comes to a close, we invite you to reflect on the year with us through some of the most memorable quotes and highlights from The Unlimited Podcast. In this brief, 7-minute recap, you'll hear standout moments from each of our guests, Brian's insightful reflections, and a few laughs along the way. Relive the best of 2024 with us!
Let's Go!
Stay tuned for another great year of The Unlimited Podcast in 2025, kicking off in January with the economic outlook from David Rosenberg, Founder & President of Rosenberg Research.
See you on the flipside.
On this episode of The Unlimited Podcast, Brian welcomes Som Seif, a trailblazer in the Canadian wealth management space and the founder of Purpose Unlimited. Som's career is marked by a series of innovative milestones, from launching one of Canada's first ETF companies, to co-founding Wealthsimple, to creating the world's first Bitcoin and Ethereum ETFs. Som shares his insights into the evolving wealth and investment management landscape, highlighting the importance of aligning investment strategies with personal values and financial goals (sounds familiar to us here at Ginsler Wealth!). In addition, Som reveals the lessons learned from his business and entrepreneurial experiences, his vision for the future of financial services, and his best advice for success.
Som Seif is the Founder and Chief Executive Officer of Purpose Unlimited, which he formed following the sale of Claymore Investments to BlackRock Inc. in March 2012 and the Co-Founder of WealthSimple Technologies Inc. Prior to Claymore Investments, Som was an investment banker with RBC Capital Markets. He has a strong commitment to community and is currently Co-Chair of the UofT Defy Gravity Campaign, a member of the AGO Foundation Board, and Next Canada Board.
Timestamps
0:00 Disclaimer and Intro
4:56 Som's "Superhero Origin Story"
9:52 Som's Investment Banking experience
16:47 Launching Claymore Investments
24:42 Building Purpose
30:47 Founding Wealthsimple
33:24 Cryptocurrency & digital assets
39:40 Where does cryptocurrency fit in a portfolio?
46:14 Longevity Pension Fund
49:10 If Som would start a new company, what would it be?
51:12 Som's key advice for success
52:27 Outro
Most Canadian investors focus on developed markets, mainly in the U.S., Canada, and parts of Europe. However, there's a world of untapped potential in select emerging markets—regions that drive a substantial portion of global GDP. While these markets carry a unique blend of risks, they also offer powerful growth opportunities that investors shouldn’t overlook.
On this episode of The Unlimited Podcast, Brian explores the world of emerging markets investing with Rohit Khuller, Partner and VP of Investment Management at Letko Brosseau & Associates Inc. As the Lead Portfolio Manager of the firm’s Emerging Markets Equity portfolio, Rohit breaks down what defines emerging markets, highlights the investment opportunities they offer, and shares examples of some of the fund’s top holdings.
Rohit Khuller is Vice President & Partner at Letko Brosseau & Associates, an independent investment manager, managing approx. $18 billion in assets, with offices in Montreal, Toronto and Calgary. In addition to his role as Portfolio Manager, he is a member of the firm’s Investment Council, overseeing portfolio strategy and risk management for all of the company’s assets, and he is the lead portfolio manager responsible for the firm’s emerging markets equity investments. Prior to joining Letko Brosseau, Mr. Khuller’s career in various industries such as automotive, aerospace and banking in several countries enabled him to deepen his knowledge in different fields. Rohit has successfully completed the General Management Program (GMP) from Harvard Business School, has an MBA from McGill, a bachelor’s in engineering from Delhi College (B. Eng), and is a CFA charterholder.
Timestamps
0:00 Disclaimer and Intro
7:19 Letko Brosseau's Approach to Investing
10:21 What is Emerging Markets Investing?
12:46 Risk in Emerging Markets
14:52 Opportunity in Emerging Markets
22:25 Valuation of Emerging Markets
25:04 Letko Brosseau's Research Process
29:43 What's Happening in Major Emerging Markets?
35:37 Managing Currency Risk
37:49 Letko Brosseau's EM fund's largest holdings
42:24 If Rohit could do anything, what would it be?
44:54 Outro
From Brian Ginsler, Ginsler Wealth CEO:
"This past August, equity markets around the world experienced significant declines. Coincidentally, I chose the August long weekend to visit my favourite place on earth, Algonquin Park, where there is no cell reception. Or so I thought.
In the very early hours of Monday (August 4) morning, a faint, single bar of service must have magically appeared, and a single Wall Street Journal news alert notification slipped through...
"Japan's Nikkei Stock Average closed down 12.4%, it's biggest single-day percentage fall since 1987"
"Oh shoot," I said to my wife, and decided that we better drive out of the resort to get stronger cellular reception to see what was going on. It wasn't pretty."
Listen to this episode to find out what Brian did next...
For the original transcript of this letter and to see weblinks and other media, please visit https://ginslerwealth.com/ginsler-wealth-third-quarter-2024-client-letter-do-nothing-edition/
During his first year at Ivey Business School, Brian's career plan changed significantly after taking an Introduction to Finance & Investing course. The insights gained from that class inspired him to pivot from a career in accounting to a focus on finance and investing.
Twenty-five years later, Brian reconnects with Stephen Foerster, the professor who sparked his interest in finance, to discuss Foerster's latest book: "Trailblazers, Heroes, & Crooks: Stories to Make You a Smarter Investor".
Brian and Steve discuss trailblazers Quintus Fabius and Muhammad Ali; heroes Warren Buffett and Harry Markopolos; and crooks Bernie Madoff, Sam Bankman-Fried and Tino DeAngelis; among others. You don't want to miss these stories, which could make you a smarter investor.
Stephen Foerster is an award-winning author and Professor of Finance at Ivey Business School, where he has taught since 1987. He received a BA (Honors Business Administration) from Western University, and an MA and PhD from the Wharton School, University of Pennsylvania. He obtained the Chartered Financial Analyst (CFA) designation in 1997 and has taught Financial Management, Investments, and Portfolio Management courses in the HBA, MBA, and Executive MBA Programs. He has won numerous teaching and research awards.
Foerster has also written two textbooks and over 100 case studies and technical notes in the areas of investments and financial management. He has published over 50 articles including in the Journal of Financial Economics, the Journal of Finance and Financial Analysts Journal. Foerster has served on pension and endowment fund boards as well as not-for-profit investment committees.
Timestamps
0:00 Disclaimer and Intro
7:10 Trailblazers & Masterly Inactivity
17:17 Warren Buffet, American Express, & Salad Oil
25:12 The Unsung Hero of the Bernie Madoff Story
35:20 Stephen's Thoughts on Cryptocurrency
37:31 Investing & Tennis Strategy
43:52 Historical Lessons from Market Crashes
47:14 How Might Investing Change?
48:43 Stephen's Critical Advice for Investors
49:53 If Stephen Could Do Anything, What Would It Be?
What does it take to be a Jeopardy! champion? After winning over Canadians' hearts and minds with her standout performance on Jeopardy!'s Tournament of Champions, Dr. Juveria Zaheer returns to The Unlimited Podcast to share her journey. In this episode, Brian and Juveria talk about her road to Jeopardy!, the importance of developing new skills and embracing risks, and the incredible work Dr. Zaheer is doing with the Centre for Addiction and Mental Health (CAMH). Tune in for inspiring life lessons, fascinating stories, and more!
Dr. Juveria Zaheer is an associate professor of psychiatry at the University of Toronto's Temerty Faculty of Medicine, and a clinician scientist at CAMH. As the medical head of CAMH's emergency department, she plays a critical role in providing urgent psychiatric care to individuals in crisis. Dr. Zaheer is also a renowned researcher and a leading authority on suicide risk assessment and prevention.
In addition to her medical achievements, Juveria recently garnered international attention for her expertise in a different field—trivia! Despite a tough loss on her Jeopardy! debut in May 2023, her strong performance earned her a spot in the Second Chance Tournament later that year. Dr. Zaheer won that tournament, advancing to the Champions Wildcard Tournament, where another victory allowed her to compete in the prestigious Tournament of Champions earlier this year.
Juveria's first appearance on The Unlimited Podcast can be found as Episode 9: The Future of Mental Health Care.
To learn more about or donate to CAMH's "No One Left Behind" campaign, click here.
Timestamps:
0:00 Disclaimer and Intro
4:51 Juveria's "day-to-day" life
6:36 Juveria's Journey to Jeopardy!
11:41 Jeopardy! Behind the Scenes
15:42 Preparing for Jeopardy!
19:07 Honing memory and recall skills
23:23 Jeopardy!'s infamous buzzer
26:01 Juveria's betting strategy
29:19 Juveria's most memorable Jeopardy! moment
31:05 Jeopardy's impact on Juveria's family
34:16 Life lessons for everyday life
36:20 No one left behind