Avoiding the Bubble in Complacency

Nine years into a bull market, that generally gets people talking about bubbles.  Today, I am excited to have Rob Arnott, Chairman of Research Affiliates join me for a second round on the podcast!  Why have him back you might ask, well Rob and his firm manage nearly $200 Billion dollars and over the years have made some bold statements, pioneered several unconventional strategies and challenged conventional wisdom to search for solutions that add value for investors.  As you will hear, Rob is not shy to share his thoughts on the current state of the financial markets, address a bubble he sees developing in the market and provide some different perspectives, sometimes very different on some popular investment trends.  If you are listening and think this one might not be for you, I would encourage you to give Rob a chance before moving on.  In addition to his unconventional thinking, I love that he can take some complex topics in the market and make them easy to understand, regardless of your level of investment or financial acumen.  Guest Bio Mr. Arnott is the founder and chairman of Research Affiliates, a subadvisor to PIMCO. In 2002, he established Research Affiliates as a research-intensive asset management firm that focuses on innovative asset allocation and alternative indexation products. He previously served as chairman of First Quadrant, as president of TSA Capital Management (now part of Analytic Investors), and as vice president at The Boston Company. He also was global equity strategist at Salomon Brothers. He has published more than 100 articles in journals such as the Journal of Portfolio Management, the Harvard Business Review and the Financial Analysts Journal, where he also served as editor in chief from 2002 through 2006. He graduated summa cum laude from the University of California, Santa Barbara, in 1977 in economics, applied mathematics and computer science. 401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your workplace retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over eighty five prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!