Posts by Andrew Stotz
My Worst Investment Ever May 2024
In May 2024, we published 4 new episodes of the My Worst Investment Ever podcast. Listen to all of them here.
Read MoreBecome a Better Investor Newsletter – 1 June 2024
Tough times for small US businesses. Asset managers don’t expect a recession. China drives copper demand. Oil and gas are here to stay. Nvidia dominates the data center compute market.
Read MoreTransparency Among Friends: Awaken Your Inner Deming (Part 21)
How can you make lasting change at your organization? Recruit your friends! In this discussion, Bill Bellows lays out his experience recruiting and working with a small group to make big changes in a large company.
Read MoreBecome a Better Investor Newsletter – 25 May 2024
US gov’t debt service to exceed S&P profits in 2025. Gold hits another ATH. 70%+ investment advisors allocate <1% to gold. Nvidia hits US$2.5trn market cap. Real ESG progress in the US.
Read MoreGoal Setting Is Often An Act of Desperation: Part 4
Can a 4th grade class decide on an operational definition of “joy in learning”? In part 4 of this series, educator John Dues and host Andrew Stotz discuss a real-world example of applying Deming in a classroom. This episode covers the first part of the story, with more to come in future episodes!
Read MoreBecome a Better Investor Newsletter – 18 May 2024
China replaces UST with gold. Meme stonks redux. Electricity inflation is the highest in 40 years. US small cap debt coming due. Magical PE vol.
Read MoreSystem of Profound Wisdom: Awaken Your Inner Deming (Part 20)
Dr. Deming developed his philosophy over time and in conversations with others, not in isolation. As learners, we tend to forget that context, but it’s important to remember because no one implements Deming in isolation, either. In this conversation, Bill Bellows and host Andrew Stotz discuss how there’s no such thing as a purely Deming organization and why that’s good.
Read MoreBecome a Better Investor Newsletter – 11 May 2024
0% return over the next 10 years. Berkshire Hathaway got US$189bn in cash. US is no.1 in oil. Risk of an RMB devaluation is real. Gang crime threatens the Swedish economy.
Read MoreTransforming How We Think: Awaken Your Inner Deming (Part 19)
What happens if you transform HOW you think? In this episode, Bill Bellows and host Andrew Stotz discuss the problem of thinking in one dimension at a time (as we were taught in school) and its impact on our ability to solve problems. BONUS: Book recommendations to broaden your understanding of Deming and more.
Read MoreISMS 41: Larry Swedroe – Focus on Managing Risk Not Returns
In this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe: Ignorance is Bliss. Today, they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this series, they discuss mistake number 32: Are You Subject to the Money Illusion? Mistake 33: Do You Believe Demographics Are Destiny? And mistake 34: Do You Follow a Prudent Process When Choosing a Financial Advisory Firm?
Read More