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Two Quants and a Financial Planner

Excess Returns
Investment Strategies
Value Investing
Financial Planning
Inflation
Diversification
Passive Investing
Behavioral Finance
Risk Management
Artificial Intelligence
S&P 500
60-40 Portfolio
Investment Strategy
Investing
Base Rates
4% Rule
Factor Investing
Active Investing
Stock Market
Market Dynamics
Market Efficiency

Two Quants and a Financial Planner bridges the worlds of investing and financial planning to help investors achieve their long-term goals. Join Matt Zeigler, Jack Forehand and Justin Carbonneau as they cover a wide range of investing and financial planning topics that impact all of us and discuss how we can apply them in the real world to achieve the best outcomes in our financial lives.

PublishesWeeklyEpisodes148Founded4 years ago
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Artwork for Two Quants and a Financial Planner

Latest Episodes

This week on the Excess Returns Weekly Wrap, Jack Forehand and Matt Zeigler break down the AI capital spending boom, the risk that data center investment is crowding out housing and other parts of the economy, and what that means for markets. Featuri... more

On this episode of the Excess Returns Weekly Wrap, Jack Forehand and Matt Zeigler examine how the AI capital spending boom, an unpredictable Federal Reserve, reduced corporate reporting and factor investing are reshaping markets.

They break down Ben... more

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This week's Excess Returns Weekly Wrap examines when AI spending will translate into measurable end-user ROI, why the U.S. business cycle may now produce fewer recessions, and how Federal Reserve policy could combine lower short-term rates with a sma... more

In this episode of the Excess Returns Weekly Wrap, Jack Forehand and Matt Zeigler break down lessons from their conversations with Market Wizards author Jack Schwager and Data 4 the People founder Eric Pachman. They explore why the unemployment rate ... more

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Recent Guests

Wes Gray
Guest focused on factor investing and portfolio construction insights
Alpha Architect
Episode: A War-Sized AI Bet. The Fed Goes Dark. Is One More Hike the Death Shot? | The Weekly Wrap
Azeem Azhar
Guest providing macro and end-user ROI analysis
Kai Wu / Intangible Economy
Episode: No ROI Yet. Fewer Recessions. Are You Making More Money? | 4 Things We Learned This Week
Eric Pachman
Researcher focused on data visualization and the healthcare economy
Data 4 the People
Episode: Strong Jobs. Vanishing Workers. Are You Watching the Wrong Number? | 4 Things We Learned This Week
Jack Schwager
Author of Market Wizards, discusses traders and extraordinary returns
Market Wizards
Episode: Strong Jobs. Vanishing Workers. Are You Watching the Wrong Number? | 4 Things We Learned This Week
Jeff Klingelhofer
Bond market specialist featured on the episode
Unknown (bond-focused analyst)
Episode: Tech Down 10%. Earnings at Record Highs. Which One Is Lying? | 5 Things We Learned This Week
Matt Zenz
Factor investing expert featured on the episode
Unknown (Quant/Factor Investor)
Episode: Tech Down 10%. Earnings at Record Highs. Which One Is Lying? | 5 Things We Learned This Week
Warren Pies
Investor and market commentator featured in clips
Guest on interview segment
Episode: Expensive Market. AI Backlash. Are Investors Pricing the Wrong Risk? | 6 Things We Learned This Week
Joe Davis
A Vanguard researcher focused on megatrends and long-term drivers
Vanguard
Episode: When the Fire Hose Meets the Megatrend | The Weekly Wrap
Adam Parker
Quant investor with unique takes on data and value investing
Formerly at Morgan Stanley
Episode: They Lose on Purpose — And Still Come Out Ahead | The Weekly Wrap - 5/31/2026

Hosts

Jack Forehand
Co-host and host with a focus on investment strategy and market views; long-running voice in the show's analysis and wrap formats.
Matt Zeigler
Co-host, brings quantitative perspectives and data-driven investing angles to wrap discussions.
Justin Carbonneau
Firmly embedded as a host, focusing on practical planning insights and investing discussions that bridge theory and real-world application.

Reviews

4.8 out of 5 stars from 27 ratings
  • Informative show with great discussions!

    This show is so informative! Great info as well as fun banter with the hosts and guests. Definitely worth checking out. I really enjoyed the episode, Understanding the Business of Franchising, with FranNet expert, Ben Terrill. Understanding the pros and cons of stepping into the entrepreneurial game as well as learning Ben's strategize for finding the exact franchise for potential owners... Great conversation. Keep up the good work, Jack, Justin, and Matt!

    Apple Podcasts
    5
    Dallas Amsden
    United States3 years ago

Listeners Say

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

Informative show with great discussions and guest insights.
Hosts keep conversations accessible with actionable takeaways.
Strong blend of data-driven analysis and real-world planning relevance.

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Talking Points

Recent interactions between the hosts and their guests.

He Invested Through Five Bubbles. He Wrote the Book on Them | The Weekly Wrap - 5/17/2026
Q: What signals do you use to identify a bubble regime without trying to time it?
The panel suggests focusing on the structural phases—something new, escalation events, and a peaking phase—while recognizing that timing the end is not reliable and one should prepare for ongoing cycle dynamics rather than short-term calls.
The Retirement Rule No One Gets Right | Practical Lessons from Bill Bengen
Q: What were the original assumptions Bill Bengen made regarding the withdrawal rate?
Bengen assumed people would plan for at least 30 years in retirement and wanted to determine how much could be safely withdrawn.
When Easy Markets Hide Hard Truths | Practical Lessons from Richard Bernstein
Q: What does Richard Bernstein think about government debt?
Bernstein expresses deep concern about the levels of debt to GDP in the US, stating there's nothing good to say about it and that the markets are already penalized with higher interest rates due to this risk.
Investor Q&A | GameStop, Value Spreads, AI Backtesting and the Market as a Casino
Q: Should investors care about the presidential election?
Investors should set aside their political views as data shows presidential elections do not significantly impact overall market performance, despite potential short-term volatility during elections.
Investor Q&A | GameStop, Value Spreads, AI Backtesting and the Market as a Casino
Q: What do you think about GameStop and its current situation?
The hosts emphasized that the recent price movements of GameStop are not reflective of a sustainable investment strategy, highlighting that past spikes in its price were largely due to unique market conditions.

Audience Metrics

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Frequently Asked Questions About Two Quants and a Financial Planner

What is Two Quants and a Financial Planner about and what kind of topics does it cover?

This show consistently blends investing pragmatism with quantitative analysis and financial planning perspectives. Episodes frequently center on ROI in AI adoption, capital expenditure cycles, macro market regimes, and data-driven investing, often weaving guest insights from macroeconomists, asset allocators, and equity analysts into practical takeaways for long-horizon portfolios. A notable strength is the interdisciplinary angle that connects quantitative investing ideas with real-world financial planning, making it useful for listeners who want to translate market insights into actionable strategies. The format tends to feature wrap-style discussions and clips from a rotating slate of guests, which keeps debates lively while grounding th... more

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Which podcasts are similar to Two Quants and a Financial Planner?

These podcasts share a similar audience with Two Quants and a Financial Planner:

1. Excess Returns
2. The Meb Faber Show - Better Investing
3. The Julia La Roche Show
4. Thoughtful Money with Adam Taggart
5. Forward Guidance

How many episodes of Two Quants and a Financial Planner are there?

Two Quants and a Financial Planner launched 4 years ago and published 148 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Two Quants and a Financial Planner?

Recent guests on Two Quants and a Financial Planner include:

1. Wes Gray
2. Azeem Azhar
3. Eric Pachman
4. Jack Schwager
5. Jeff Klingelhofer
6. Matt Zenz
7. Warren Pies
8. Joe Davis

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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