Ric Edelman's The Lies About Money exposes the flaws of the retail mutual fund industry, advocating for individual investors to shift towards institutional shares and exchange-traded funds (ETFs). The book details numerous deceptive practices within the retail mutual fund industry, such as market timing and misleading fund names, and emphasizes the importance of long-term investing, diversification, and portfolio rebalancing. Edelman provides a step-by-step guide, including a portfolio selection tool, to help readers build and manage their own investment portfolios effectively and inexpensively. He also addresses retirement planning, college savings, and the role of insurance and annuities in investment strategies, ultimately aiming to empower readers to make informed financial decisions.
No persons identified in this episode.
This episode hasn't been transcribed yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster
Other recent transcribed episodes
Transcribed and ready to explore now
SpaceX Said to Pursue 2026 IPO
10 Dec 2025
Bloomberg Tech
Don’t Call It a Comeback
10 Dec 2025
Motley Fool Money
Japan Claims AGI, Pentagon Adopts Gemini, and MIT Designs New Medicines
10 Dec 2025
The Daily AI Show
Eric Larsen on the emergence and potential of AI in healthcare
10 Dec 2025
McKinsey on Healthcare
What it will take for AI to scale (energy, compute, talent)
10 Dec 2025
Azeem Azhar's Exponential View
Reducing Burnout and Boosting Revenue in ASCs
10 Dec 2025
Becker’s Healthcare -- Spine and Orthopedic Podcast