Podcast 16: Common Sense With Ben Carlson May 5th

As someone who works with both individual and institutional investors, Ben shares his wisdom about how these two groups face different challenges. On one hand, pension funds and endowments have access to the best advice and an indefinite time horizon, so they don’t need to focus on short-term results. But it turns out that even institutions face the same pitfalls as the rest of us: “One of the reasons many institutions get in trouble is because they look at their peers to see what they’re doing so often,” Ben says in our interview. “They’re really measuring themselves against their peers instead of against their own personal goals. And that can really be a terrible way to manage money.”
Ben also discusses a recent article he wrote about lump sum investing vs…