How Should I Invest My Money? (Classic)

Nobel Prize winner Myron Scholes and Elm Wealth's Victor Haghani discuss the Golden Rules of Investing.Victor Haghani is a former Salomon Brothers colleague of mine and one of the founders of Long-Term Capital Management. A decade ago Victor founded a wealth advisor, Elm Wealth, as an extension of managing his family office. I endorse Victor’s wealth management strategy that dynamically manages portfolios of low cost ETFs focused on delivering attractive risk-adjusted, after-tax returns for clients. You will hear directly from Vic about these ideas and you can learn more from his website elmwealth.com.Myron Scholes won the Nobel Prize for his contributions to options theory. This is just a tiny fraction of his many contributions to finance. Myron will speak today about the importance of diversification both across assets and time. Myron was an early advocate of low cost index funds and believes that you need to dynamically change your investment portfolio when market risk conditions change. Get full access to What Happens Next in 6 Minutes with Larry Bernstein at www.whathappensnextin6minutes.com/subscribe