Escaping the Cult of Average with Dr. Adam Link 🎙️Are you tired of being told to "stay the course" while your retirement savings take a hit? In this episode, we dive deep into the insights of Dr. Adam Link’s book, Better Than Average, to dismantle what he calls the Cult of Average. 📉 Most financial advice today is built on simply matching benchmarks like the S&P 500, but Dr. Link argues that "average" isn’t a virtue—it’s the floor.We explore the dangerous shift where the benchmark became the plan itself. Our hosts discuss why "beating the market" means nothing if a brutal drawdown shatters your goals right before you retire. 🛑 We break down the Math of Marginal Gains, revealing why protecting your capital from major losses is far more important than chasing the highest peaks. Did you know a 50% loss requires a massive 100% gain just to break even? 💸The conversation then turns to the "Academic Baggage" holding the industry back. We question the "Holy Trinity" of finance—Modern Portfolio Theory, CAPM, and the Efficient Market Hypothesis. 🏛️ Are these models actually helping you, or are they just providing "plausible deniability" for advisors when things go wrong? We also tackle the myth of passive investing, explaining why being passive is often just being unresponsive to clear market signals.Finally, we look at the future: Designing Dynamic Portfolios. 🛠️ Learn how to use observable data—like volatility clustering, momentum, and macro signals—to build a system that responds to the market "weather" instead of flying blind. It’s time to move from "hope" to a resilient, data-driven strategy. 🚀Tune in to learn how to escape the gravitational pull of average and start building a future that focuses on your life, not just a index! 🌟Stay tuned! 🎧

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