At the 2018 AAII National Conference, Paul presented key concepts from the Ultimate Buy and Hold strategy and premiered the Two Funds for Life strategy, and had the great pleasure of hearing a talk by Mark Hulbert, founder of the Hulbert Financial Digest and senior columnist for MarketWatch. Considering it was the best talk of 2018, Paul asked and was granted special permission by AAII to share with you Mark’s presentation, “Lessons learned from four decades of independently tracking investment advisers’ performance”.
This podcast begins with an introduction by Paul (5:25), and by AAII President and CEO John Bajkowski (6:00), and then Mark’s 50 minutes of good points about luck, investor emotions, being a patient investor, and why risk is likely higher than you assume. Mark’s presentation was accompanied by slides, which you can access here. Paul recommends that if you are not at a computer to view the slides while listening, listen to the podcast first and then look at the slides.