Excess Returns
We take complex investing topics and make them understandable for everyday investors.
Subscribe to get new interviews every week with great investors and deep dives into topics like macroeconomics, value investing, factor investing, and more.
The Stimulus Deception | Rob Arnott Explains Why More Spending Doesn't Equal More Growth
The Big Beautiful Debt Delusion | The Real Risk Behind Tax Cuts and Deficits
The Hidden Logic of Options | Put-Call Parity Explained with Legos
What the Rise of Passive Investing Means for Your Portfolio | Practical Lessons from Mike Green
Too Much Google, Tesla, Nvidia? | Wes Gray & Sri Narayan Explain a Smarter Way Out
Decoding Volatility with the Rule of 16 | Teach Me Like I'm Five
The Hidden Retirement Risk - And How to Manage It | Practical Lessons from Wade Pfau
The Fourth Turning is Here | Neil Howe Explains What Comes Next
The Hidden Trade War Opportunity | Kai Wu on the Real Edge Investors Are Missing
The Number Go Up Regime - And What Comes After It | Practical Lessons from Ben Hunt & Grant Williams
The Rally No One Trusts | What the Options Market Tells Us About What Comes Next
The Diversification Delusion | The Risk that Leaves Both Stocks and Bonds Exposed
The Retail Rally Trap | Kris Sidial on Volatility, Liquidity and What Comes Next
Mag Seven Margin Crunch | Cameron Dawson on Tariffs, Recession Risk and the Defensive Investing Trap
The Domino's Recession Indicator | The Risks Markets Are Missing
The Market's Best-Kept Secret | Travis Prentice on Momentum's Surprising Edge
The Irrecoverable Error | Risk, Ruin, and the Rules of Wealth | Practical Lessons from Guy Spier
The Monumental Miscalculation | Jared Dillian on Tariffs, Fed Risks, and Where Markets Go from Here
Liz Ann Sonders, Cliff Asness, Mike Green and 40+ Others Share Their Most Important Lesson
An Unprecedented Lack of Liquidity | What the Options Market Tells Us About What Comes Next
The Dark Side of Value Investing | Practical Lessons from Aswath Damodaran
Behind the Scenes of the Madoff Scandal with a Trader Who Worked There | Andrew Cohen
The Colossal Mistake | Richard Bernstein on the Risks of Tariffs and Passive Investing
Markets Are Screaming One Thing | Jim Paulsen on the Real Risk to the Bull Market
Tax Holy Grail? The Hidden ETF Strategy Nobody Talks About | Brent Sullivan
The Hidden Fingerprints of 100 Baggers | Chris Mayer on How to Find Them Before Everyone Else
The Benefits of Simplicity in Bear Markets | Rick Ferri on Why This Time Isn't Different
The Inflection Point | What Tariffs Actually Mean for the Economy
A MasterClass from History’s Best Traders | Practical Lessons from Jack Schwager
The Tail Risk Tipping Point