What podcasts say about Merryn Somerset Webb
Every statement, with the speaker, the exact quote and the moment it was said.
What Merryn Somerset Webb has said on podcasts
74 statements · 25 positive · 36 negative · 1 mixed · 12 neutral
Global bonds returned approximately 2.7% over the preceding decade.
“I'd have made in total over 10 years about 2.7%, so $266.”
Open the episode · The Portfolio Reset: Episode 1Listen at 2:28
Global commercial property returned approximately 50% over the preceding decade.
“Global commercial property, I would have made about 50%.”
Open the episode · The Portfolio Reset: Episode 1Listen at 2:47
A basket of commodities approximately doubled in value over the preceding decade.
“I could have gone into a basket of commodities, in which case I would have doubled my money.”
Open the episode · The Portfolio Reset: Episode 1Listen at 2:53
The MXCF emerging-markets index returned approximately 145%.
“I could have gone into emerging markets, the MXCF index, for example, and I would have made 145%.”
Open the episode · The Portfolio Reset: Episode 1Listen at 2:58
Gold outperformed the other listed asset classes over the preceding decade.
“gold would have done better then. All of those, my $10,000 would now be $32,000.”
Open the episode · The Portfolio Reset: Episode 1Listen at 3:13
An S&P 500 tracker returned more than 310% from August 2016 to the episode date.
“If I put that same $10,000 into a super simple S&P 500 tracker fund, middle of August 2016, I would have $41,000. So I would have made over 310%”
Open the episode · The Portfolio Reset: Episode 1Listen at 4:07
Passive investing has become the default strategy from a formerly niche position.
“And that is why we have seen this massive rise in passive investing. It's gone from something kind of niche to something that is actually the default.”
Open the episode · The Portfolio Reset: Episode 1Listen at 4:48
Past decade returns do not establish what will work during the next decade.
“Those numbers tell you what worked over the last 10 years. They do not tell you what's going to work over the next 10.”
Open the episode · The Portfolio Reset: Episode 1Listen at 5:06
Passive investing and U.S. outperformance have created underrecognized risks.
“the rise of passive has combined with a lengthy period of outperformance by the US stock market to create risks that many investors may not be entirely aware of.”
Open the episode · The Portfolio Reset: Episode 1Listen at 6:07
Investors may need to revise portfolio assumptions and approaches.
“investors building and reviewing portfolios today may need to reconsider their assumptions about the recent past and change their approach accordingly.”
Open the episode · The Portfolio Reset: Episode 1Listen at 6:34
Passive investing was an exceptionally beneficial innovation.
“passive investing was an absolutely brilliant invention.”
Open the episode · The Portfolio Reset: Episode 1Listen at 11:43
Active managers mostly underperform their benchmarks or markets.
“Active managers underperform, which they mostly do.”
Open the episode · The Portfolio Reset: Episode 1Listen at 17:53
Passive investing has grown from an insurgent to mainstream strategy.
“Definitely getting bigger and bigger, gone from insurgent strategy to mainstream strategy.”
Open the episode · The Portfolio Reset: Episode 1Listen at 18:44
A global market-cap-weighted index allocates approximately 70% to America and little to the UK.
“Buy that same index today and you're buying 70% America and almost no UK, for example.”
Open the episode · The Portfolio Reset: Episode 1Listen at 23:22
Concentration among the largest one, five, and ten stocks has reached records and intensified.
“The dominance of the top 1, 5, 10 is the last I checked all-time records. And it has continued to intensify.”
Open the episode · The Portfolio Reset: Episode 1Listen at 25:13
Passive investors may need active decisions about portfolio allocation.
“If you want to invest passively, you may need to make some very active decisions about where your money goes.”
Open the episode · The Portfolio Reset: Episode 1Listen at 26:38
Retail investors should reduce rather than increase AI-related exposure now.
“retail investors should really be careful now. Now is the time to pull back, not put in.”
Open the episode · How to Outsmart Your Investing InstinctsListen at 44:30
UK pensioners have shifted from the highest to the lowest poverty incidence group.
“Pensions have gone from the group that most frequently lived in poverty in the UK to the group who least frequently live in poverty in the UK.”
Open the episode · Markets Wrap: The Triple Lock, Bond Yields and HousingListen at 3:32
A national social-care service would require a broad-based tax.
“In order to finance that, you would have to have a new broad base of tax.”
Open the episode · Markets Wrap: The Triple Lock, Bond Yields and HousingListen at 7:47
Bond yields will not improve until political problems are resolved.
“bond yields won't fix themselves until politics is fixed.”
Open the episode · Markets Wrap: The Triple Lock, Bond Yields and HousingListen at 13:55
European bond yields will not properly turn around without rapid growth or fiscal confrontation.
“You're not going to see a proper turnaround until you see either superbly fast growth across Europe, not holding my breath, or politicians who will genuinely confront their problems.”
Open the episode · Markets Wrap: The Triple Lock, Bond Yields and HousingListen at 14:14
New-build properties lose about 16% of purchase value immediately after purchase.
“The second you pick up those keys, turn the keys in the door, you have lost 16% of the money that you paid for that apartment or that house.”
Open the episode · Markets Wrap: The Triple Lock, Bond Yields and HousingListen at 20:40
Investors should hold some physically accessible gold for emergency insurance.
“you should have a reasonable amount of your gold in actual, physical, easy to access gold”
Open the episode · Physical Gold, Stocks and Retirement: Your Questions AnsweredListen at 3:25
Gold ETFs or ETCs from good providers are relatively safe exposure vehicles.
“gold in a ETF or ETC with a good provider is a pretty safe way to do”
Open the episode · Physical Gold, Stocks and Retirement: Your Questions AnsweredListen at 3:41
Physically backed gold vehicles carry custodian, management, and financial risks.
“you do have custodian risk and management risk and financial risk”
Open the episode · Physical Gold, Stocks and Retirement: Your Questions AnsweredListen at 3:51
Gold ETFs or ETCs can provide effective protection against inflation and fiat-currency collapse.
“if you're holding it as a protection against inflation or the general collapse of fiat currencies or repression that doesn't involve seizing gold, then it's a perfectly good way to capture that upside”
Open the episode · Physical Gold, Stocks and Retirement: Your Questions AnsweredListen at 4:28
A higher share price lowers a small company’s effective cost of capital.
“The higher the share price, the lower their cost of capital effectively.”
Open the episode · Physical Gold, Stocks and Retirement: Your Questions AnsweredListen at 10:35
Buying and holding shares can support smaller companies that may need future capital.
“if you're supporting a smaller company that may need an injection of capital, then simply by buying and holding the shares, you are to a degree supporting them”
Open the episode · Physical Gold, Stocks and Retirement: Your Questions AnsweredListen at 10:43
Passive investing can push some companies’ shares to unreasonable valuations.
“passive pushes some shares in some companies up to what appear to be unreasonable valuations relative to their business”
Open the episode · Physical Gold, Stocks and Retirement: Your Questions AnsweredListen at 11:20
Near retirement, investors can reduce risk through diversification and equity income.
“you can... bring your risk levels down, you become increasingly diversified, maybe you move more into equity income”
Open the episode · Physical Gold, Stocks and Retirement: Your Questions AnsweredListen at 13:45
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.