Jonathan Hollow's guest appearances

Jonathan Hollow

The Rational Reminder Podcast

The Fiftyfaces Podcast

OwlTail

Robin Powell

We all have different levels of risk tolerance. But how is that risk measured for complex investment strategies like covered calls? And how can you be sure it's an accurate reflection of reality? For the first portion of today’s episode, we provide a detailed breakdown of everything you need to know about covered calls and why there is no perfect model for assessing risk-adjusted returns. We examine how incorrect measures of risk can make covered calls seem more attractive, what investors need to know about covered calls, and the fees, costs, and taxes you should be considering with these types of strategies. Next, we are joined by lifelong friends and colleagues Jonathan Hollow and Robin Powell to discuss their new book How to Fund the Life You Want: What everyone needs to know about savings, pensions and investments. They describe how their shared passion for financial education motivated them to write their book, before explaining how readers can best use the accompanying workbook to identify and reach their financial goals. Robin and Jonathan then go on to share their advice on day-to-day money management, finding a trustworthy advisor, and why it’s never too early to teach your child about money. Tune in for a detailed breakdown of covered calls and how to make informed decisions about your investments and finances!   Key Points From This Episode:  An introduction to the concept of covered calls. (0:02:41) The definition of covered calls, how risk can be measured incorrectly to make covered call strategies look more attractive, and why risk can never be destroyed. (0:04:22) A breakdown of the assets involved in covered calls and why their yields can be misleading. (0:07:00) Why there is no perfect model for assessing risk-adjusted returns and what can be learned from looking at investors through a behavioural lens. (0:16:19) An overview of why fees, costs, and taxes are major considerations for these types of strategies. (0:20:15) Introducing Robin Powell, Jonathan Hollow and their new book How to Fund the Life You Want. (0:25:08) Jonathan and Robin’s long friendship, their shared interest in financial education, why they saw a need for their book, and how readers can get the most out of their workbook. (0:30:45) Insight into the six rules that Robin and Jonathan outline in their book and the eight keywords that they set up for managing money day to day. (0:35:07) Advice on how to keep up with finance news, including what you should pay attention to and what you can ignore. (0:40:37)  The importance of a day-to-day savings habit and suggestions on what kids should be taught about money. (0:43:20) Advice on how to find a first-rate advisor based on your needs and what questions you need to be asking of them. (0:49:54) How your financial advisor should act as your financial bodyguard and complement your weaknesses. (0:56:02) Ben and Cameron share news about their next podcast appearances, Rational Reminder education courses for financial advisors, and upcoming meetups. (0:57:43) Learn about the webinars that Ben and Cameron have been hosting and how you can sign up. (01:03:00)      Links From Today’s Episode:   Robin Powell on LinkedIn — https://www.linkedin.com/in/robinpowell/ Jonathan Hollow on LinkedIn — https://www.linkedin.com/in/jonathanhollow/ How to Fund the Life You Want: What everyone needs to know about savings, pensions and investments —  https://www.amazon.co.uk/dp/1399404601/ Covered Calls — https://www.investopedia.com/terms/c/coveredcall.asp Episode 27: Robin Powell: Evidence Based Investing: Changing the Minds of Advisors and Investors — https://rationalreminder.ca/podcast/27 Patrick Boyle on YouTube — https://www.youtube.com/c/PatrickBoyleOnFinance Sharpe Ratio — https://www.investopedia.com/terms/s/sharperatio.asp Sortino Ratio — https://www.investopedia.com/terms/s/sortinoratio.asp S&amp;P 500 —  https://www.spglobal.com/spdji/en/indices/equity/sp-500/#overview Episode 167: Prof. Hersh Shefrin: Fear, Hope, and the Psychology of Investing — https://rationalreminder.ca/podcast/167 ‘Behavioral Aspects of the Design and Marketing of Financial Products’ — https://www.jstor.org/stable/3665864 Episode 171: Prof. Campbell R. Harvey: The Past and Future of Finance — https://rationalreminder.ca/podcast/171 ‘Portfolio Performance Manipulation and Manipulation-Proof Performance Measures’ — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=302815 Adviser 2.0 — https://www.advicereinvented.com/ Sensible Investing — https://sensibleinvesting.tv/ Financial Times — https://www.ft.com/ Rob Carrick — https://www.theglobeandmail.com/authors/rob-carrick/  The Globe and Mail — https://www.theglobeandmail.com/ The Money and Meaning Show — https://podcasts.apple.com/us/podcast/the-money-and-meaning-show/id1449894787 The Most Hated F Word — https://themosthatedfword.com/ New Self-Regulatory Organization of Canada — https://www.newselfregulatoryorganizationofcanada.ca/ FP Canada — https://www.fpcanada.ca/ Rational Reminder Continuing Education — learn.rationalreminder.ca PWL Capital — https://www.pwlcapital.com/ PWL Capital on YouTube — https://www.youtube.com/c/Pwlcapital-Montreal/videos IAFP Symposium — https://iafpsymposium.ca Burt Malkiel — https://jrc.princeton.edu/people/burton-g-malkiel David Blanchett — https://www.davidmblanchett.com/ Meir Statman — https://www.scu.edu/business/finance/faculty/statman/ Nick Maggiulli — https://www.linkedin.com/in/nicholasmaggiulli/ Jill Schlesinger — https://www.jillonmoney.com/ Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.  Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.ca  Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on Twitter — https://twitter.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on Twitter — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/

We all have different levels of risk tolerance. But how is that risk measured for complex investment strategies like covered calls? And how can you be sure it's an accurate reflection of reality? For the first portion of today’s episode, we provide a detailed breakdown of everything you need to know about covered calls and why there is no perfect model for assessing risk-adjusted returns. We examine how incorrect measures of risk can make covered calls seem more attractive, what investors need to know about covered calls, and the fees, costs, and taxes you should be considering with these types of strategies. Next, we are joined by lifelong friends and colleagues Jonathan Hollow and Robin Powell to discuss their new book How to Fund the Life You Want: What everyone needs to know about savings, pensions and investments. They describe how their shared passion for financial education motivated them to write their book, before explaining how readers can best use the accompanying workbook to identify and reach their financial goals. Robin and Jonathan then go on to share their advice on day-to-day money management, finding a trustworthy advisor, and why it’s never too early to teach your child about money. Tune in for a detailed breakdown of covered calls and how to make informed decisions about your investments and finances! Key Points From This Episode: <ul> <li>An introduction to the concept of covered calls. (0:02:41)</li> <li>The definition of covered calls, how risk can be measured incorrectly to make covered call strategies look more attractive, and why risk can never be destroyed. (0:04:22)</li> <li>A breakdown of the assets involved in covered calls and why their yields can be misleading. (0:07:00)</li> <li>Why there is no perfect model for assessing risk-adjusted returns and what can be learned from looking at investors through a behavioural lens. (0:16:19)</li> <li>An overview of why fees, costs, and taxes are major considerations for these types of strategies. (0:20:15)</li> <li>Introducing Robin Powell, Jonathan Hollow and their new book How to Fund the Life You Want. (0:25:08)</li> <li>Jonathan and Robin’s long friendship, their shared interest in financial education, why they saw a need for their book, and how readers can get the most out of their workbook. (0:30:45)</li> <li>Insight into the six rules that Robin and Jonathan outline in their book and the eight keywords that they set up for managing money day to day. (0:35:07)</li> <li>Advice on how to keep up with finance news, including what you should pay attention to and what you can ignore. (0:40:37) </li> <li>The importance of a day-to-day savings habit and suggestions on what kids should be taught about money. (0:43:20)</li> <li>Advice on how to find a first-rate advisor based on your needs and what questions you need to be asking of them. (0:49:54)</li> <li>How your financial advisor should act as your financial bodyguard and complement your weaknesses. (0:56:02)</li> <li>Ben and Cameron share news about their next podcast appearances, Rational Reminder education courses for financial advisors, and upcoming meetups. (0:57:43)</li> <li>Learn about the webinars that Ben and Cameron have been hosting and how you can sign up. (01:03:00)</li> </ul> Links From Today’s Episode: Robin Powell on LinkedIn — <a href="https://www.linkedin.com/in/robinpowell/" rel="nofollow" target="_blank">https://www.linkedin.com/in/robinpowell/</a> Jonathan Hollow on LinkedIn — <a href="https://www.linkedin.com/in/jonathanhollow/" rel="nofollow" target="_blank">https://www.linkedin.com/in/jonathanhollow/</a> How to Fund the Life You Want: What everyone needs to know about savings, pensions and investments — <a href="https://www.amazon.co.uk/dp/1399404601/ref=redir_mobile_desktop?_encoding=UTF8&amp;qid=&amp;ref_=tmm_pap_swatch_0&amp;sr=" rel="nofollow" target="_blank"> https://www.amazon.co.uk/dp/1399404601/</a> Covered Calls — <a href="https://www.investopedia.com/terms/c/coveredcall.asp" rel="nofollow" target="_blank">https://www.investopedia.com/terms/c/coveredcall.asp</a> Episode 27: Robin Powell: Evidence Based Investing: Changing the Minds of Advisors and Investors — <a href="https://rationalreminder.ca/podcast/27" rel="nofollow" target="_blank">https://rationalreminder.ca/podcast/27</a> Patrick Boyle on YouTube — <a href="https://www.youtube.com/c/PatrickBoyleOnFinance" rel="nofollow" target="_blank">https://www.youtube.com/c/PatrickBoyleOnFinance</a> Sharpe Ratio — <a href="https://www.investopedia.com/terms/s/sharperatio.asp" rel="nofollow" target="_blank">https://www.investopedia.com/terms/s/sharperatio.asp</a> Sortino Ratio — <a href="https://www.investopedia.com/terms/s/sortinoratio.asp" rel="nofollow" target="_blank">https://www.investopedia.com/terms/s/sortinoratio.asp</a> S&amp;P 500 — <a href="https://www.spglobal.com/spdji/en/indices/equity/sp-500/#overview" rel="nofollow" target="_blank"> https://www.spglobal.com/spdji/en/indices/equity/sp-500/#overview</a> Episode 167: Prof. Hersh Shefrin: Fear, Hope, and the Psychology of Investing — <a href="https://rationalreminder.ca/podcast/167" rel="nofollow" target="_blank">https://rationalreminder.ca/podcast/167</a> ‘Behavioral Aspects of the Design and Marketing of Financial Products’ — <a href="https://www.jstor.org/stable/3665864" rel="nofollow" target="_blank">https://www.jstor.org/stable/3665864</a> Episode 171: Prof. Campbell R. Harvey: The Past and Future of Finance — <a href="https://rationalreminder.ca/podcast/171" rel="nofollow" target="_blank">https://rationalreminder.ca/podcast/171</a> ‘Portfolio Performance Manipulation and Manipulation-Proof Performance Measures’ — <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=302815" rel="nofollow" target="_blank">https://papers.ssrn.com/sol3/papers.cfm?abstract_id=302815</a> Adviser 2.0 — <a href="https://www.advicereinvented.com/" rel="nofollow" target="_blank">https://www.advicereinvented.com/</a> Sensible Investing — <a href="https://sensibleinvesting.tv/" rel="nofollow" target="_blank">https://sensibleinvesting.tv/</a> Financial Times — <a href="https://www.ft.com/" rel="nofollow" target="_blank">https://www.ft.com/</a> Rob Carrick — <a href="https://www.theglobeandmail.com/authors/rob-carrick/" rel="nofollow" target="_blank">https://www.theglobeandmail.com/authors/rob-carrick/</a> The Globe and Mail — <a href="https://www.theglobeandmail.com/" rel="nofollow" target="_blank">https://www.theglobeandmail.com/</a> The Money and Meaning Show —<a href="https://podcasts.apple.com/us/podcast/the-money-and-meaning-show/id1449894787" rel="nofollow" target="_blank"> https://podcasts.apple.com/us/podcast/the-money-and-meaning-show/id1449894787</a> The Most Hated F Word — <a href="https://themosthatedfword.com/" rel="nofollow" target="_blank">https://themosthatedfword.com/</a> New Self-Regulatory Organization of Canada — <a href="https://www.newselfregulatoryorganizationofcanada.ca/" rel="nofollow" target="_blank">https://www.newselfregulatoryorganizationofcanada.ca/</a> FP Canada — <a href="https://www.fpcanada.ca/" rel="nofollow" target="_blank">https://www.fpcanada.ca/</a> Rational Reminder Continuing Education — <a href="http://learn.rationalreminder.ca" rel="nofollow" target="_blank">learn.rationalreminder.ca</a> PWL Capital — <a href="https://www.pwlcapital.com/" rel="nofollow" target="_blank">https://www.pwlcapital.com/</a> PWL Capital on YouTube — <a href="https://www.youtube.com/c/Pwlcapital-Montreal/videos" rel="nofollow" target="_blank">https://www.youtube.com/c/Pwlcapital-Montreal/videos</a> IAFP Symposium — <a href="https://iafpsymposium.ca" rel="nofollow" target="_blank">https://iafpsymposium.ca</a> Burt Malkiel — <a href="https://jrc.princeton.edu/people/burton-g-malkiel" rel="nofollow" target="_blank">https://jrc.princeton.edu/people/burton-g-malkiel</a> David Blanchett — <a href="https://www.davidmblanchett.com/" rel="nofollow" target="_blank">https://www.davidmblanchett.com/</a> Meir Statman — <a href="https://www.scu.edu/business/finance/faculty/statman/" rel="nofollow" target="_blank">https://www.scu.edu/business/finance/faculty/statman/</a> Nick Maggiulli — <a href="https://www.linkedin.com/in/nicholasmaggiulli/" rel="nofollow" target="_blank">https://www.linkedin.com/in/nicholasmaggiulli/</a> Jill Schlesinger — <a href="https://www.jillonmoney.com/" rel="nofollow" target="_blank">https://www.jillonmoney.com/</a> Rational Reminder on iTunes — <a href="https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582?mt=2" rel="nofollow" target="_blank">https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582</a>. Rational Reminder Website — <a href="https://rationalreminder.ca/" rel="nofollow" target="_blank">https://rationalreminder.ca/</a> Rational Reminder on Instagram — <a href="https://www.instagram.com/rationalreminder/" rel="nofollow" target="_blank">https://www.instagram.com/rationalreminder/</a> Rational Reminder on YouTube — <a href="https://www.youtube.com/channel/UCOErWFfNOQzXsgE7f5S_ULw" rel="nofollow" target="_blank">https://www.youtube.com/channel/</a> Rational Reminder Email — <a href="mailto:info@rationalreminder.ca">info@rationalreminder.ca</a> Benjamin Felix — <a href="https://www.pwlcapital.com/author/benjamin-felix/" rel="nofollow" target="_blank">https://www.pwlcapital.com/author/benjamin-felix/</a> Benjamin on Twitter — <a href="https://twitter.com/benjaminwfelix" rel="nofollow" target="_blank">https://twitter.com/benjaminwfelix</a> Benjamin on LinkedIn — <a href="https://www.linkedin.com/in/benjaminwfelix/" rel="nofollow" target="_blank">https://www.linkedin.com/in/benjaminwfelix/</a> Cameron Passmore — <a href="https://www.pwlcapital.com/profile/cameron-passmore/" rel="nofollow" target="_blank">https://www.pwlcapital.com/profile/cameron-passmore/</a> Cameron on Twitter — <a href="https://twitter.com/CameronPassmore" rel="nofollow" target="_blank">https://twitter.com/CameronPassmore</a> Cameron on LinkedIn — <a href="https://www.linkedin.com/in/cameronpassmore/" rel="nofollow" target="_blank">https://www.linkedin.com/in/cameronpassmore/</a>

Covered Calls (Plus Robin Powell and Jonathan Hollow on How to Fund the Life You Want) (EP.251)

Jonathan Hollow is a writer and commentator on consumer education and protection.  His recent book, How to Fund the Life you Want, distills learning on financial education and evidence-based investing into a manual for pensions and investing.  He is a charity trustee and also doing a part time MA in Ancient History.  His former roles include leadership positions in the Money Advice Service and Money and Pensions Service. Our conversation starts with Jonathan's education, which included a spell in Russia during the 1990s, and his extensive experience with writing and the importance of a plain English approach.  We move then to what inspired him to pursue an MA in ancient history and some of the parallels that is is drawing between ancient Rome and its collapse and the scenarios playing out in geo-politics. We move then to the motivation for writing his latest book "How to Fund the Life you Want", and the gap in financial literacy that exists when it comes to savings, investments and pensions.  Some of this he attributes to a low level of engagement by individuals, in part because the area of pensions and investing is just not considered that interesting. He talks about the different sections of the book including the need to be mindful of Sharks and Charlatans as well as the importance of choosing a financial adviser that is evidence based. We also discuss the different experience of women as pensioners and investor and note the wealth gap that persists well into retirement. Jonathan's new book is a collaboration with Robin Powell, who writes the Evidence Based Investor Blog and is featured on the Fiftyfaces Podcast here: https://www.fiftyfaceshub.com/robin-powell-evidence-based-and-value-driven-myth-busting-across-the-investment-landscape/ There is more information about How to Fund the Life you Want here: https://www.bloomsbury.com/us/how-to-fund-the-life-you-want-9781399404600/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Jonathan Hollow is a writer and commentator on consumer education and protection.  His recent book, How to Fund the Life you Want, distills learning on financial education and evidence-based investing into a manual for pensions and investing.  He is a charity trustee and also doing a part time MA in Ancient History.  His former roles include leadership positions in the Money Advice Service and Money and Pensions Service. Our conversation starts with Jonathan's education, which included a spell in Russia during the 1990s, and his extensive experience with writing and the importance of a plain English approach.  We move then to what inspired him to pursue an MA in ancient history and some of the parallels that is is drawing between ancient Rome and its collapse and the scenarios playing out in geo-politics. We move then to the motivation for writing his latest book "How to Fund the Life you Want", and the gap in financial literacy that exists when it comes to savings, investments and pensions.  Some of this he attributes to a low level of engagement by individuals, in part because the area of pensions and investing is just not considered that interesting. He talks about the different sections of the book including the need to be mindful of Sharks and Charlatans as well as the importance of choosing a financial adviser that is evidence based. We also discuss the different experience of women as pensioners and investor and note the wealth gap that persists well into retirement. Jonathan's new book is a collaboration with Robin Powell, who writes the Evidence Based Investor Blog and is featured on the Fiftyfaces Podcast here: <a href="https://www.fiftyfaceshub.com/robin-powell-evidence-based-and-value-driven-myth-busting-across-the-investment-landscape/" rel="nofollow" target="_blank">https://www.fiftyfaceshub.com/robin-powell-evidence-based-and-value-driven-myth-busting-across-the-investment-landscape/</a> There is more information about How to Fund the Life you Want here: <a href="https://www.bloomsbury.com/us/how-to-fund-the-life-you-want-9781399404600/" rel="nofollow" target="_blank">https://www.bloomsbury.com/us/how-to-fund-the-life-you-want-9781399404600/</a> Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices" rel="nofollow" target="_blank">megaphone.fm/adchoices</a>