EP105: Interview with Veteran Portfolio Manager Paul Musson

In this episode, I sit down with seasoned investment expert Paul Musson.With over 30 years in the financial world, Paul has managed billions as the lead portfolio manager for the Ivy Funds at Mackenzie Investments. Today, he’s the founder of Paddington Capital Management and the author of the thought-provoking new book "Capital Offence: Why Some Benefit at Your Expense", which takes a hard look at the systems that keep wealth in the hands of a few.Together, we dive into the realities of today’s financial system, the importance of investing in quality businesses, and how to build lasting wealth—even in uncertain times.I also cover the following topics in this episode:What is Paul passionate about today?What is Paul's background?How does philosophy and history impact investing decisions?What is the philosophy of investing?Does consumption raise GDP?What role does the central bank play in the economy?Who is profiting from rising house prices?What is the fake wealth effect?What are the solutions to our existing economic problems?What are the problems with printing more money?The responsibility of governmentHow do I find quality companies?Investing isn't rocket science Don't fall in love with the companies you ownWhat advice do you have for DIY investors today?How to get in touch with Paul:1. Website: https://paddingtoncapitalmgmt.com/2. Book: https://paddingtoncapitalmgmt.com/cap...3. On X (twitter): https://x.com/paddingtoncap Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Simply Investing Incorporated nor the author and guests shall be liable for any loss of profit or any commercial damages, including but not limited to incidental, special, consequential, or other damages. Investors should confirm any data before making stock buy/sell decisions. Our staff and editor may hold at any given time securities mentioned in this video/course/report/presentation/app. The final decision to buy or sell any stock is yours; please do your own due diligence. Stock buy or sell decisions are based on many factors including your own risk tolerance. When in doubt please consult a professional advisor. No advice on the buying and selling of specific securities is provided. All trademarks, trade names, or logos mentioned or used are the property of their respective owners. For our full legal disclaimer, please visit our website.