How to Build the Perfect Portfolio - Part 1 of 2

Pre-order Tyler's book, Real Wealth, at ⁠⁠⁠⁠⁠⁠tylergardner.com/book⁠⁠⁠⁠⁠⁠ and be eligible for all monthly incentives between now and December 1st! And as always, a MASSIVE thank you to this week's sponsors: Copilot Money → ⁠⁠⁠www.copilot.money/tyler⁠⁠⁠ — use code TYLER2 for two free months.⁠ Caldera+ Lab⁠ → If you've been meaning to take better care of your skin, head to CalderaLab.com/TYLER and use code TYLER for 20% off your first order. DeleteMe⁠ → joindeleteme.com/tyler20⁠ Use code Tyler20 for up to 20% off! Momentous⁠ → ⁠⁠livemomentous.com⁠ Use code Tyler for up to 35% off your first order! And on to the show notes!! In Pursuit of the Perfect Portfolio, Part 1 Is there such a thing as the perfect portfolio? Yes. And no. In this episode, Tyler steps back from his own investing philosophy and looks at how five of the most influential thinkers in modern finance approached the same question. Drawing from In Pursuit of the Perfect Portfolio, Tyler explores where their ideas overlap, where they disagree, and what individual investors can actually use. In this episode, Tyler covers: Harry Markowitz and why correlation and diversification changed investing forever William Sharpe on balancing market risk with safer assets Eugene Fama and the case for efficient markets, broad indexing, and factor tilts Jack Bogle’s obsession with low costs, simplicity, and staying invested Myron Scholes on tail risk, market concentration, and the limits of passive investing Why risk tolerance, taxes, time horizon, and life stage matter more than finding a universal allocation The common ground is surprisingly simple: Diversify. Keep costs low. Understand the risks you can actually tolerate. And don’t add complexity unless it solves a real problem. There may not be one perfect portfolio for everyone. But there are a handful of principles that keep appearing whenever serious people study the question. Next week, Tyler looks at five more investing thinkers before bringing all ten together into a practical framework. If the show’s been helpful, leaving a quick review on Apple or Spotify genuinely helps. Hope this gives you something to think about this week.