{"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":"The Great Distortion: The Hidden Impact of Passive Investing | Practical Lessons from Mike Green","slug":"the-great-distortion-the-hidden-impact-of-passive-investing-practical-lessons-from-mike-green","published_at":"2025-05-26T14:54:17+00:00","page_url":"https://stenobird.com/podcast/two-quants-and-a-financial-planner-6020642/the-great-distortion-the-hidden-impact-of-passive-investing-practical-lessons-from-mike-green","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/The-Great-Distortion-The-Hidden-Impact-of-Passive-Investing--Practical-Lessons-from-Mike-Green-e33cifq","audio_url":"https://anchor.fm/s/d9f6e850/podcast/play/103221178/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-4-26%2F401021051-44100-2-22948fa2c44fc.mp3","summary":"In this episode of Excess Returns, we explore the profound impact of passive investing with one of the most provocative thinkers in the space—Mike Green. Mike has developed a framework that challenges traditional market assumptions, shedding light on how seemingly \"passive\" investment flows might be actively reshaping markets, valuations, and even systemic stability. Using clips from our interviews, Mike breaks down complex ideas with clarity, humor, and critical insight. This is a must-watch for anyone who wants to understand the hidden mechanics behind modern markets—and what they mean for your portfolio. Topics Covered: Why passive investors aren't truly passiveThe systemic risk behind the growth of index investingHow passive flows distort price discovery and market behavior The QDIA effect and its unintended consequences The breakdown of correlation between value and growth stocks Why international markets continue to underperform Mike's thoughts on unemployment data and the gig economy The real lesson investors should take from all this What individual investors can realistically do about it","meta_description":"In this episode of Excess Returns, we explore the profound impact of passive investing with one of the most provocative thinkers in the space—Mike Green.…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3156,"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/the-great-distortion-the-hidden-impact-of-passive-investing-practical-lessons-from-mike-green/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/the-great-distortion-the-hidden-impact-of-passive-investing-practical-lessons-from-mike-green.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}