The Power of Humility in Investing with Dan Rasmussen (EP.216)

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Dan Rasmussen, author of The Humble Investor, joins me to unpack the overlooked superpower of humility in investing. We discuss why market forecasts often go wrong, how overconfidence fuels financial mistakes, and where conventional wisdom can lead investors astray. Dan also reveals the hidden risks in popular private market strategies.

Listen now and learn:

► Why humility can help investors navigate market volatility.

► The misunderstood truth behind value investing. 

► The risks investors overlook in emerging markets.

► What most people get wrong about private equity and private credit.

 

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

 

(02:46) Why We Misread the Future: Forecasting, Volatility, and the Illusion of Precision

(09:06) How Humility Improves Investment Models and Decision-Making 

(13:39) The Real Reason Value Investing Works—And When It Doesn't

(19:25) Why Value Investing Struggled in the U.S. But Not Abroad 

(24:29) The Case for Geographic Diversification and Caution on Emerging Markets

(30:46) The Risks of Overallocating to Private Equity 

(36:14) The Danger Behind Private Credit's Appeal

 

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

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Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).