Skeptic’s Guide to Investing
Skeptic’s Guide to Investing
Steve Davenport, Clement Miller
Straight Talk for All, Nonsense for NoneMeet Steve Davenport, CFA and Clem Miller, CFA as they discus the latest in news, markets and investments.  They each bring over 25 years in the investment industry to their discussions.  Steve brings domestic and quantitative emphasis, Clem has a more fundamental and international perspective. They hope to bring experience, honesty and humility to these podcasts. There are a lot of letters and terms which confuse more than they help. There are many entertainers promoting get rich quick ideas. Let’s cut through the nonsense with straight talk!Disclaimer - These podcasts are not intended as investment advice. Individuals please consult your own investment, tax and legal advisors. They provide these insights for educational purposes only.
Charitable Contributions: Unseen Benefits and Tax Ideas
Can you imagine decreasing your taxable income while simultaneously helping the community around you? This episode of Skeptics Guide to Investing is a must-listen for those who desire to maximize their philanthropic potential and reap the financial benefits of charitable giving. Hosts Steve Davenport and Clem Miller take a deep dive into the world of donor-advised funds; an underutilized vehicle for charitable contributions that provide tax benefits while ensuring your donations reach your chosen causes. We discuss the ins and outs of these funds, and how unused contributions can be carried forward to reduce taxable income in future years. Celebrating days of giving, such as Giving Tuesday, means so much more than just a tax write-off, it creates a sense of community and gratitude during the holiday season. To further expand on this, we have a special guest who shares his personal journey with a fidelity donor-advised fund, offering invaluable insights into the process. We also chat about the physiological benefits of giving, from experiencing a rush of feel-good chemicals to reducing stress and blood pressure. By the end of this episode, you'll have a solid understanding of donor advice funds and the remarkable benefits they can offer to both you and your community. So, sit back, tune in, and let's make a difference!ESG Investing: Fact of Fiction Check out Videos on YouTubehttps://www.youtube.com/channel/UCbtTXFWip7W__W_p5GKF7Fw
Dec 8, 2023
21 min
Decoding AI: Unmasking its Pervasiveness and Potential
Uncover the intriguing world of Artificial Intelligence (AI) with us as we commemorate the first year of OpenAI's chat GPT, a milestone in the realm of AI. The impact of AI on our daily lives is unmistakable, from the chatbots we interact with to the assistive technology we find in cars. Clem sheds light on the omnipresence of AI in our society and economy, leading us through the labyrinth of this advanced technology.We step into the cautionary territory as we delve into the potential risks of AI and the need for its judicious regulation. The conversation pivots around the role of tech giants like Microsoft, Amazon, and Google in this sphere, and the skepticism surrounding AI-centric firms. With our insights, we navigate the intricate landscape of AI, underlining the importance of strategic investments in this swiftly evolving field.Finally, we explore the profound impact of AI on our quotidian lives. By drawing parallels with previous technological leaps, we strive to comprehend the challenges that await us as we adapt to the breakneck speed of AI evolution. Our absorbing journey concludes with gratitude to Clem for his invaluable commentary. So, tune in, engage, and dive deep into the riveting world of AI!ESG Investing: Fact of Fiction Check out Videos on YouTubehttps://www.youtube.com/channel/UCbtTXFWip7W__W_p5GKF7Fw
Dec 8, 2023
35 min
The Triumphs and Trials of Renowned Investor Charlie Munger
Ever dreamt of unlocking the secrets of a legendary investment guru? Here's your golden ticket! This episode takes an insightful expedition into the investment legacy of Charlie Munger, the late partner of Warren Buffett at Berkshire Hathaway. Brace yourself as we uncover Munger's unique approach to intrinsic value investing, which revolves around procuring superior companies at appealing prices. We'll also shed light on his conviction in the power of a strong 'moat' - a unique competitive advantage that distinguishes a company from its rivals. As we delve deeper, we pull back the curtain on Munger's strategies that champion scepticism, simplification, rigorous research and instinct. In this candid conversation, we share our personal experiences of investing in Berkshire Hathaway, Coca-Cola, and Apple and how they resonate with Munger's philosophy. But even the best can stumble - we'll discuss Munger's recent investment fumble, demonstrating that no investor is infallible. Join us as we reflect on Munger's invaluable contributions to investing and the enduring lessons he has bequeathed to us.ESG Investing: Fact of Fiction Check out Videos on YouTubehttps://www.youtube.com/channel/UCbtTXFWip7W__W_p5GKF7Fw
Dec 8, 2023
21 min
Challenging Mainstream Investment Media: An Introduction
Straight Talk for AllNonsense for NoneWelcome to the Introduction of the Skeptics Guide to Investing where we challenge mainstream financial narratives and provide unvarnished perspectives on markets and investment strategies. What if you had the chance to hear from two qualified financial analysts with different investment approaches, who aren't afraid to challenge each other and provide insightful, actionable advice? A dynamic podcast that combines Clem Miller's  fundamental approach to stock analysis, and  Steve Davenport's quantitative method of protecting portfolios against downside risk. Prepare yourselves for a refreshing, far from dry, discourse on investing. We are Steve Davenport and Clem Miller, your hosts of this insightful journey into the world of finance and investing. With our healthy skepticism and critical thinking skills, we aim to help you navigate the complex financial waters, avoiding empty chatter, and focusing on meaningful advice. We welcome you, regardless of your investment experience level, to engage with us on Instagram, LinkedIn, and our YouTube page. Let's embark on this adventure together, embracing skepticism, and making smart financial decisions.ESG Investing: Fact of Fiction Check out Videos on YouTubehttps://www.youtube.com/channel/UCbtTXFWip7W__W_p5GKF7Fw
Nov 28, 2023
3 min
SBF and Crypto: FTX is a warning sign
Cryptocurrencies: a golden opportunity or a treacherous goldmine?" Strap in as my co-host Clem and I delve into the murky waters of the crypto world, pulling back the shiny façade to reveal the risks and dangers lurking beneath. Inspired by the shocking fraud convictions of the notorious Sam Bankman Fried and the collapse of his company, FTX, we'll expose the sly marketing tactics employed by crypto enthusiasts and debunk the myths that have led many to believe that investing in crypto is a surefire ticket to wealth. We'll scrutinize the narrative that portrays crypto tokens as a "store of value", calling into question the alleged benefits of blockchain technology. From securities fraud to corporate failures and the looming threat of regulatory action, we explore it all. To top it off, we'll answer some of your pressing questions from the mailbag, laying bare our personal experiences with Bitcoin and crypto investments. Prepare for an eye-opening conversation that will throw into sharp relief the true nature of crypto tokens and their purported advantages.ESG Investing: Fact of Fiction Check out Videos on YouTubehttps://www.youtube.com/channel/UCbtTXFWip7W__W_p5GKF7Fw
Nov 17, 2023
17 min
ESG Investing: Fact or Fiction
What's the real score about ESG (Environmental, Social, and Governance) investing? Is it as beneficial as it seems or is it truly beyond redemption as the Financial Times suggests? We're dissecting this complex narrative and challenging popular assertions about ESG investing. Get ready to reexamine the industry of ESG rating agencies and the unraveling conundrum of inconsistent value ratings they produce. We're going to unmask the elusive nature of ESG and explore the evolution of its narratives - from the 'doing good while doing well' principle to its claim of reducing risk without compromising returns.Also, we're bringing it down to a more personal level with our co-host, Clem Miller. He offers a fresh perspective on why he doesn't revolve his portfolio around ESG and breaks down his own investment strategies for us. We're also braving the ongoing debate about standardizing ESG products amidst investors' varying views on morality and ethical investing. We'll be delving into the importance of understanding how ESG applies to specific stocks and the implications it has on making informed investment decisions. So buckle up and join us on this enlightening journey into the truths and myths surrounding ESG investing.ESG Investing: Fact of Fiction Check out Videos on YouTubehttps://www.youtube.com/channel/UCbtTXFWip7W__W_p5GKF7Fw
Nov 17, 2023
20 min
Gaza Violence and Oil Price Volatility
Ever thought how an unrest in the Middle East could wreak havoc on oil prices? Brace yourself for a fascinating journey with Steve and I, as we dissect the implications of Middle East conflict on global oil market. We delve into the possibility of Iran being hit by sanctions again, what it means for oil prices, and how the emergence of electric vehicles and recycling are changing the oil demand. We also traverse through the potential power of North American energy independence in reshaping the global oil market. Equipped with a blend of quantitative and qualitative analysis, we aim to provide you valuable insights to make smart investment decisions.ESG Investing: Fact of Fiction Check out Videos on YouTubehttps://www.youtube.com/channel/UCbtTXFWip7W__W_p5GKF7Fw
Nov 17, 2023
12 min