About this episode
Our guest this week is Bob Seawright. Bob is chief investment and information officer at Madison Avenue Securities, a Registered Investment Advisorand broker/dealer based in San Diego, California. Bob has received a number of accolades through the years but is perhaps best known for his popular newsletter, "The Better Letter," where he writes about a wide range of topics, including human behavior, decision-making, and investing. Before coming to the finance industry, Bob was a practicing lawyer. He later joined Merrill Lynch, where he worked as a financial advisor until joining Madison in 2010. Bob earned his bachelor's degree from the State University of New York at Fredonia, his J.D. from Duke University, and is a CFA charterholder. Background Bio The Better Letter How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest , by Joshua Brown and Brian Portnoy Ubiquity: Why Catastrophes Happen , by Mark Buchanan Terrance Odean: “ The Average Investor Is His Own Worst Enemy ,” Forbes.com, June 10, 2010. Confirmation Bias and Addition by Subtraction “ The Better Letter: Believing Is Seeing ,” by Bob Seawright, betterletter.substack.com, May 21, 2021. The Geometry of Wealth: How to Shape a Life of Money and Meaning , by Brian Portnoy “ A Hierarchy of Advisor Value ,” by Bob Seawright, RPSeawright.wordpress.com, Feb. 12, 2016. “ The Better Letter: Addition by Subtraction ,” by Bob Seawright, betterletter.substack.com, July 30, 2021. Error Avoidance “ Investors’ 10 Most Common Behavioral Biases ,” by Bob Seawright, RPSeawright.wordpress.com, July 16, 2012. “ Not Stupid Wins ,” by Bob Seawright, RPSeawright.wordpress.com, Dec. 20, 2019. “ The Better Letter: Crash Protection ,” by Bob Seawright, betterletter.substack.com, Sept. 24, 2021. “ Forecasting Follies 2020 ,” by Bob Seawright, RPSeawright.wordpress.com, Jan. 2, 2020. Skill Versus Randomness “ The Better Letter: Randomness Rules ,” by Bob Seawright, betterletter.substack.com, July 16, 2021. “ The Better Letter: Process, Probability, and Power ,” by Bob Seawright, betterletter.substack.com, Aug. 14, 2020. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.