The new rules of investing: Lee Munson's (unfiltered) expert advice

In this context rich episode of “Stocks in Translation,” Portfolio Wealth Advisors Chief Investment Officer, Lee Munson packs in the history of traditional investing philosophies, complete with references, and then pronounces those strategies to be dead. In this playful interview, Munson prefaces his thoughts by stating, “Remember, Wall St. is a bunch of rich guys like me…” and goes on to say, “... the game has totally changed.” Yahoo Finance's Stocks in Translation master statistician Jared Blikre, is your guide with essential conversation cutting through the market mayhem, noisy numbers and hyperbole to give you the information you need to make the right trade for your portfolio. Find this episode's transcripts and more episodes of Stocks in Translation at https://finance.yahoo.com/videos/series/stocks-in-translation/ Thoughts? Questions? Fan mail? Email us at [email protected]. 00:00-Lee Munson on "Stocks in Translation" 03:05-Jay Powell 03:40-The game has changed 06:10-Free money 08:00-Small cap 08:20-Word of the Day 09:40-Charlie Munger 10:30-Reading list 11:00-Competition is for suckers 12:20-Hard commodities 14:20-Mutual fund structure defunct 15:40-Monopolies 17:00-Serious concerns 18:40-60/40 Mix 20:00-Historically 22:10-Come to the realization Yahoo Finance's Stocks in Translation is hosted by Jared Blikre, and produced by Jimi Corpuz Learn more about your ad choices. Visit megaphone.fm/adchoices