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Excess Returns

Excess Returns
Value Investing
Investing
Risk Management
Market Volatility
Long-Term Investing
Factor Investing
Investment Philosophy
Diversification
Federal Reserve
Asset Allocation
Inflation
Investment Management
Charlie Munger
Behavioral Finance
Generative AI
Asset Pricing Theory
Momentum Investing
Momentum
Resurrecting the Value Premium
ETF Architect

Excess Returns is dedicated to making you a better long-term investor and making complex investing topics understandable. Join Jack Forehand, Justin Carbonneau and Matt Zeigler as they sit down with some of the most interesting names in finance to discuss topics like macroeconomics, value investing, factor investing, and more. Subscribe to learn along with us.

PublishesDailyEpisodes412Founded6 years ago
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In this episode, we sit down with Bob Elliott for a wide-ranging conversation about the late-cycle economic backdrop, the Fed’s dilemma, AI’s real economic impact, the cracks forming beneath the surface of private credit and private markets, and the ... more

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Bill Bengen, the creator of the 4% rule, joins us to revisit one of the most important ideas in financial planning and retirement research. In this conversation, he explains the origins of the 4% rule, how his thinking has evolved over 30 years, and ... more

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In this episode, we kick off our book project, The Most Important Investing Lesson: What the World’s Best Investors Would Teach You, with a deep dive into the ideas of Michael Mauboussin. We explore his most enduring lessons—concepts that have reshap... more

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Recent Guests

Victor Haghani
Founder and CIO of Elm Wealth, author of The Missing Billionaires, a Guide to Better Financial Decisions
Elm Wealth
Episode: 99.9% Focus on the Wrong Question | Victor Haghani on Why Static Allocation Fails
Dave Nadeg
President and Director of Research at etf.com
ETF.com
Episode: The Liquidity Trap Door | Cem Karsan on Why We Are Likely in a Bubble, It Could Get Bigger, And What Pops It
Cem Karsan
Founder and CIO of CHI Volatility Advisors
CHI Volatility Advisors
Episode: The Liquidity Trap Door | Cem Karsan on Why We Are Likely in a Bubble, It Could Get Bigger, And What Pops It
Adam Parker
Founder and CEO of Trivariate Research and Tri-Vector Research
Trivariate Research
Episode: The Regime Change No One Sees | Adam Parker on Why Valuations Are Lying to You
Julian Brigden
Co-founder and president of Macro Intelligent Partners, a global macro strategy research firm
Macro Intelligent Partners
Episode: What a Global Regime Change Means for Investors | Julian Brigden
Rob Thummel
Investing expert, focusing on energy infrastructure and asset management at Tortoise Capital.
Tortoise Capital
Episode: Electricity Is the New Oil | Rob Thummel on the Energy Opportunity from the AI Boom
Matt Zenz
Evidence-based investing expert, and runs Longview Research Partners
Longview Research Partners
Episode: Evidence Based Factor Investing | Matt Zenz
Noel Smith
Co-founder and chief investment officer of Convex Asset Management.
Convex Asset Management
Episode: A Volatility Masterclass | Timeless Lessons from 30 Year Options Trader Noel Smith
Sam Ro
Financial writer and co-founder of Ticker.co
Ticker.co
Episode: The Average Return That Never Comes | Sam Ro on 10 Stock Market Truths Investors Get Wrong

Hosts

Matt Zeigler
Co-host with a focus on investment strategies and long-term investing principles.
Jack Forehand
Host and co-host known for his expertise in market analysis and guest interviews focusing on investment strategies.
Justin Carbonneau
Co-host who engages guests in discussions aimed at demystifying investing concepts.

Reviews

4.8 out of 5 stars from 148 ratings
  • Great show and many thanks for such brilliant guest in this episode.

    Podcast Addict
    5
    alpha
    5 months ago
  • Rob Arnott

    Rob Arnott is arrogant and partisan. His view on Covid is absolutely ridiculous.

    Apple Podcasts
    1
    maybdihjlz
    United States5 months ago
  • Like the show

    Excellent job

    Apple Podcasts
    5
    Qrrvjkgxhjlkvg
    United Statesa year ago
  • Super informative!

    This podcast is a must listen for anyone looking to enhance their investing strategies and understanding of finance. Jack and Justin are highly knowledgeable and each episode is filled with valuable insights.

    Apple Podcasts
    5
    maddie@podcastingyou
    United States4 years ago
  • Excellent Podcast

    This is an excellent podcast. The guests are intelligent and insightful, and the hosts ask good questions then let the guests respond without interrupting. One of the better investing podcasts out there. Keep up the good work!

    Apple Podcasts
    5
    Missing61
    Canada4 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

The hosts allow guests ample time to discuss without interruption, enhancing the listening experience.
Super informative!
Jack and Justin make complex investing topics understandable for all audiences.
Great value with high-quality speakers and educational content.
Excellent Podcast, with intelligent and insightful guests.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#110
United States/Business/Investing
Apple Podcasts
#89
Canada/Business/Investing
Apple Podcasts
#118
United Kingdom/Business/Investing
Apple Podcasts
#221
Canada/Business
Apple Podcasts
#88
Italy/Business/Investing
Apple Podcasts
#104
Germany/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

99.9% Focus on the Wrong Question | Victor Haghani on Why Static Allocation Fails
Q: How should investors think about expected returns in practice?
Victor emphasizes that investors must consider expected returns and risk as fundamental components of investment strategy and notes that not doing so is neglectful.
99.9% Focus on the Wrong Question | Victor Haghani on Why Static Allocation Fails
Q: Can you talk about your journey from Long-Term Capital Management to embracing passive investment strategies?
Victor shares that he realized, based on his experiences in finance, that personal investing needs a simpler approach, leading him away from complex strategies toward a diversified allocation of public equities and fixed income.
The Case for Permanently Higher Market Valuations | Jim Paulsen
Q: What do you think the reason for reduced recession frequency is?
I think that the introduction of the Federal Reserve has helped stabilize the economy, along with innovation cycles and improved debt management by corporations and households.
The Case for Permanently Higher Market Valuations | Jim Paulsen
Q: How do you think about using market valuation overall in general?
I think it's important to look at the environment around the market and whether it is hostile or supportive rather than just the valuation metrics themselves.
The Liquidity Trap Door | Cem Karsan on Why We Are Likely in a Bubble, It Could Get Bigger, And What Pops It
Q: What is your perspective on the increasing importance of AI in markets?
AI is driving significant liquidity and momentum in investments, but it raises questions about how sustainable that growth is.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Social Media Reach

Frequently Asked Questions About Excess Returns

What is Excess Returns about and what kind of topics does it cover?

Focused on fostering long-term investment strategies, this podcast explores the complexities of macroeconomics, value investing, and factor investing in a way that is both engaging and enlightening for listeners. The hosts, along with a lineup of expert guests, tackle a variety of pressing financial topics, making them approachable for investors of all levels. Notable themes include discussions on market dynamics, investment strategies, and insights from prominent figures in the finance industry. The show's unique emphasis on blending educational content with insightful analysis positions it as an invaluable resource for anyone looking to enhance their investment acumen.

Where can I find podcast stats for Excess Returns?

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How many listeners does Excess Returns get?

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What are the audience demographics for Excess Returns?

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How many subscribers and views does Excess Returns have?

To see how many followers or subscribers Excess Returns has on Spotify and other platforms such as Castbox and Podcast Addict, simply upgrade your account. You'll also find viewership figures for their YouTube channel if they have one.

Which podcasts are similar to Excess Returns?

These podcasts share a similar audience with Excess Returns:

1. The Meb Faber Show - Better Investing
2. Top Traders Unplugged
3. The Acquirers Podcast
4. Monetary Matters with Jack Farley
5. Alpha Exchange

How many episodes of Excess Returns are there?

Excess Returns launched 6 years ago and published 412 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact Excess Returns?

Our systems regularly scour the web to find email addresses and social media links for this podcast. We scanned the web and collated all of the contact information that we could find in our podcast database. But in the unlikely event that you can't find what you're looking for, our concierge service lets you request our research team to source better contacts for you.

Where can I see ratings and reviews for Excess Returns?

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What guests have appeared on Excess Returns?

Recent guests on Excess Returns include:

1. Victor Haghani
2. Dave Nadeg
3. Cem Karsan
4. Adam Parker
5. Julian Brigden
6. Rob Thummel
7. Matt Zenz
8. Noel Smith

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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