Sound Investing
Weekly podcasts with Paul Merriman. Strategic planning for investing at every stage of life.
- Indexed episodes, last 90 days
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- Sep 9, 2026
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- Jul 8, 2026
Latest episodes
Get Out While You Can or Stay the Course (opens the original)
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Paul opens with news of a new opportunity to reach young investors: a five-part series for Next Generation Personal Finance (NGPF.org), available to some 150,000 teachers who use NGPF's free curriculum. Topics include the math and history of investing, the case for index funds, the inside story on diversification, the $5 million payoff for a financially literate high school graduate, and a teacher Q&A session. Each presentation will be shared with Sound Investing listeners the following week. Th
The Investing Myths That Cost a Fortune (opens the original)
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WATCH THE VIDEO It was a pleasure to be invited back on System Trader with Jack Lempart. Here is a list of the main topics we covered: CHAPTERS 0:53 • My own biggest mistake 3:15 • Why “the stock market is a casino” is exactly backwards 6:48 • “I don’t have enough money to start” — what $100 a month actually becomes 9:33 • A $20 bet with my 13-year-old grandson 13:04 • How much intelligence does successful investing really require? 15:31 • The Mensa Investment Club: buy low, sell lower 16:24 • T
Paul and Chris Follow-Up: The Rick Ferri Small-Cap Value Debate (opens the original)
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Paul and Chris reflect on Paul’s recent discussion with Rick Ferri. Paul adds information he wished he’d included, and Chris reacts to Paul and Rick’s positions. Together, they discuss the behavioral, trust, and performance benefits and trade-offs of seeking meaningful diversification by adding Small-Cap Value to a portfolio. CHAPTERS 00:00:00 – Intro 00:02:50 – Chris’ 30k Foot View 00:06:16 – Mid-caps? 00:10:40 – Tot. Mkt. vs. S&P 500 00:20:15 – Trust and Change 00:25:45 – Table G1b 00:28:50 –
Paul Merriman and Rick Ferri: A Conversation Decades in the Making (opens the original)
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Watch the video here. Paul sits down with Rick Ferri — not for a debate, but for the kind of honest conversation two people can only have after spending their careers chasing the same goal from different directions. Rick makes the case against tilting: the small cap premium largely disappeared once the research went public around 1980, and he believes value stopped working around 2006. Paul counters with Table G1b, which shows the results of blending small cap value and the S&P 500 in 10% increm
Preparing for an upcoming debate with Rick Ferri: Total Market portfolios (opens the original)
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This Friday I'm sitting down with my friend Rick Ferri for a debate that I think matters a great deal, even though — or maybe because — Rick and I agree on almost everything. We both believe in diversification, low costs, index funds, ignoring predictions, and staying the course. Where we part ways is what happens after that. Rick's case is that you should simply own the whole market. A total stock market index fund gives you thousands of companies at an extraordinarily low cost, and adding comp
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