The Progress Machine with Larry Siegel of the CFA Institute Research Foundation

FEG Insight Bridge

Join Greg as he sits down with the CFA Institute Research Foundation’s Director of Research Laurence “Larry” B. Siegel to discuss why investors have many reasons to be optimistic about the forward progression of society (and the economy). In this engaging episode, Larry talks about his new book, Richer, Greener, Fewer, offers a historical perspective on globalization and inflation, talks frankly about his endowment model debate versus Richard Ennis, and why investors should feel optimistic about the market. He also debunks several investment myths and shares his take on the ultimate investment strategy: buy, hold, and forget. This episode is one for the books that will leave listeners more knowledgeable and optimistic about the world we live in!

You can find every episode of FEG Insight Bridge podcasts in one place and sign up to receive our other publications here.

Chapters

1. Intro (00:00:00)

2. Episode Overview (00:00:35)

3. Some background on Larry (00:02:26)

4. Larry's take on why society has improved in a historical sense (00:05:41)

5. Choosing optimism (00:08:01)

6. What it means to be Richer, Greener, Fewer (00:10:36)

7. The impact of de-globalization (00:13:45)

8. Unknown Knowns and Puzzles of Inflation, Money, and Debt (00:16:05)

9. Debunking unlimited debt (00:20:07)

10. Advice from history for weathering inflation (00:23:09)

11. An endowment model debate with Richard Ennis (00:25:22)

12. Reviewing Pinker's Rationality (00:28:53)

13. Larry's book recommendations (00:31:53)

14. Larry's interests and current projects (00:34:33)