# Episode 95, The Power of Simplicity in Investing with Ben Felix

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Text version: https://stenobird.com/podcast/bogleheads-on-investing-podcast-966715/episode-95-the-power-of-simplicity-in-investing-with-ben-felix.md
Podcast: [Bogleheads On Investing Podcast](https://stenobird.com/podcast/bogleheads-on-investing-podcast-966715)
Published: 2026-06-28T11:00:00+00:00
Episode link: https://bogleheads.podbean.com/e/boi-95/
Audio file: https://mcdn.podbean.com/mf/web/xdspqpdiy6fqrdmy/Episode.mp3
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JSON: https://stenobird.com/v1/public/podcasts/bogleheads-on-investing-podcast-966715/episodes/episode-95-the-power-of-simplicity-in-investing-with-ben-felix
Duration seconds: 4126

## Resource

Ben Felix on Simplicity, Private Equity, Factor Investing, and Living a Good Life In this episode of the Bogleheads® on Investing Podcast, host Jon Luskin, CFP®, sits down with Ben Felix, CFA, CFP®, Chief Investment Officer at PWL Capital and co-host of the Rational Reminder podcast. Their conversation covers what drives long-term investing success, why simplicity beats complexity, and how investors can avoid distractions from expensive and unnecessary strategies. They also discuss: * Why low costs, diversification, and asset allocation matter most* The hidden incentives behind heavily advertised financial products, including private equity* When tax planning is mostly a sales pitch* Why all-in-one funds help investors earn better returns* Using money to build a happier, more meaningful life* Whether 100% stock portfolios make sense in retirement* Whether factor investing still works Jon closes the episode by sharing his own takeaways, including why simplicity frees people to focus on what matters most. • • • Jon Luskin, CFP®, a long-time Boglehead and financial planner, hosts this episode of the podcast. The Bogleheads® are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki. Since 2000, the Bogleheads® have held national conferences in major cities across the country. In addition, local Chapters and foreign Chapters meet regularly, and new Chapters form periodically. All Bogleheads…

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## Transcript

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