2023 Investing Lessons and the review of “The Price of Time” by Edward Chancellor
By JAMES PARKYN & FRANÇOIS DOYON LA ROCHELLE
In this Episode, James Parkyn & François Doyon La Rochelle will continue their yearly tradition and discuss the Investing Lessons of 2023
Then, they review “The Price of Time” by Edward Chancellor, a book that they highly recommend for all their listeners.
Read The Script:
1) INTRODUCTION:
François Doyon La Rochelle: You’re listening to Capital Topics, episode #60!
This is a monthly podcast about passive asset management and financial and tax planning ideas for the long-term investor.
Your hosts for this podcast are James Parkyn and me François Doyon La Rochelle, both portfolio managers with PWL Capital.
In this episode, we will discuss the following points:
For our first topic, we discuss the investing lessons of 2023.
And next, for our main topic, we will review the book titled “The Price of Time” by Edward Chancellor.
Enjoy!
1) 2023 INVESTING LESSONS :
François Doyon La Rochelle: I will start. In our last podcast, #59, we reviewed the capital markets results for 2023 and by doing so we underlined the main economic and geopolitical events that we believe have shaped the capital markets results last year. This being said every year brings valuable lessons to investors to help us stay disciplined and focused on the long-term and avoid being deterred by the short-term noise. So, James, as we do every year at this time, let’s review the Investing Lessons of 2023…Read More
Links:
- The Price of Time: The Real Story of Interest: Chancellor, Edward: 9780802160065: Books - Amazon.ca By Edward Chancellor
- How to avoid being tricked by hindsight bias — Capital Topics By James Parkyn
- 12 Lessons the Market Taught Investors in 2023 | Morningstar By Larry Swedroe