{"podcast":{"title":"Two Quants and a Financial Planner","slug":"two-quants-and-a-financial-planner-6020642","podcast_index_feed_id":6020642,"rss_url":"https://anchor.fm/s/d9f6e850/podcast/rss","website_url":"https://excessreturnspod.com","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/36468372/36468372-1743436197707-44e8cf3ef5035.jpg","author":"Excess Returns","episode_count":145,"summary":"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.","last_synced_at":"2026-07-20T22:20:02.766400+00:00","page_url":"https://stenobird.com/podcast/two-quants-and-a-financial-planner-6020642"},"episode":{"title":"Outperformed by Mom | The Weekly Wrap – 5/2/2026","slug":"outperformed-by-mom-the-weekly-wrap-5-2-2026","published_at":"2026-05-03T11:04:30+00:00","page_url":"https://stenobird.com/podcast/two-quants-and-a-financial-planner-6020642/outperformed-by-mom-the-weekly-wrap-5-2-2026","show_page_url":"https://stenobird.com/podcast/two-quants-and-a-financial-planner-6020642","url":"https://podcasters.spotify.com/pod/show/education-financial-plan/episodes/Outperformed-by-Mom--The-Weekly-Wrap--522026-e3iqev5","audio_url":"https://anchor.fm/s/d9f6e850/podcast/play/119404965/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-3%2F423359506-44100-2-d7cec53df8aa9.mp3","summary":"This week’s Excess Returns Weekly Wrap examines what Chris Davis and Rich Bernstein can teach investors about letting winners run, inflation risk, market concentration, dividends, AI, and the difference between economic stories and investment returns. Jack Forehand and Matt Zeigler break down clips on portfolio concentration, the 1960s vs. the 1970s, investor complacency, the Fed’s inflation target, durable businesses, and where the next market opportunity may be hiding. Topics Covered Why letting winners run can be so powerful, but so hard for professional investors Chris Davis on how his mother outperformed by never selling great companies The tradeoff between concentration, diversification and real-world portfolio risk Why Rich Bernstein thinks today may look more like the 1960s than the 1970s How oil prices affect consumer behavior when measured against wages Chris Davis on why perceived risk can be very different from actual risk What cars, insurance and investor behavior reveal about market complacency Why the Fed’s 2% inflation target may not reflect the world investors are living in The relationship between valuation, durability and software stocks Why higher inflation could increase demand for dividends and near-term cash flow Chris Davis on why exceptional people and management teams matter in investing Why AI may be a great economic story but not necessarily a great investment story Timestamps 00:00 Letting winners run, 1960s inflation and investor risk perception 02:18 Chris Davis on how his mother outperformed by never selling 08:32 Reinvestment risk and the limits of active management 12:45 Why oil shocks may matter less when gasoline is low relative to wages 20:25 Chris Davis on why feeling safe can make investors take more risk 29:20 Rich Bernstein on w…","meta_description":"This week’s Excess Returns Weekly Wrap examines what Chris Davis and Rich Bernstein can teach investors about letting winners run, inflation risk, market…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4188,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/two-quants-and-a-financial-planner-6020642/episodes/outperformed-by-mom-the-weekly-wrap-5-2-2026/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/two-quants-and-a-financial-planner-6020642/outperformed-by-mom-the-weekly-wrap-5-2-2026.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}