Podcast · 183 episodes
The Long Term Investor
by Peter Lazaroff · English
We all need to make smart decisions with our money. The Long Term Investor shows you how to do it. Hosted by the Chief Investment Officer at Plancorp and author of "Making Money Simple," Peter Lazaroff distills complex financial matters into easily digestible lessons. If you're ready to get a clear plan for your investments and personal finances, you're in the right place.
Latest episodes
Why a Good Investment Can Be Wrong For Your Portfolio (EP.276)The episode argues that a “good” investment can be wrong for a portfolio if it fails a disciplined process.30 Sep 2026 · 44 min
The Perfect Portfolio (EP.275)Announcement episode for “The Perfect Portfolio” (EP.275) by Peter Lazaroff, host of The Long-Term Investor.23 Sep 2026 · 5 min
The Four Questions to Ask Before Adding Anything to Your Portfolio (EP.274)Peter Lazaroff previews his upcoming book The Perfect Portfolio and outlines his “probabilistic decision protocol” (four questions) for deciding whether to add or change investments: (1) why expect…16 Sep 2026 · 7 min
All episodes
Why a Good Investment Can Be Wrong For Your Portfolio (EP.276)The episode argues that a “good” investment can be wrong for a portfolio if it fails a disciplined process.30 Sep 2026 · 44 min · 16 chapters
The Perfect Portfolio (EP.275)Announcement episode for “The Perfect Portfolio” (EP.275) by Peter Lazaroff, host of The Long-Term Investor.23 Sep 2026 · 5 min · 3 chapters
The Four Questions to Ask Before Adding Anything to Your Portfolio (EP.274)Peter Lazaroff previews his upcoming book The Perfect Portfolio and outlines his “probabilistic decision protocol” (four questions) for deciding whether to add or change investments: (1) why expect…16 Sep 2026 · 7 min · 3 chapters
Are U.S. Treasurys Really Risk-Free? Ft. Mary Childs (EP.273)Whether U.S. Treasurys are truly “risk-free,” and how U.S. borrowing affects interest rates, the economy, and who will buy new Treasury issuance.9 Sep 2026 · 40 min · 18 chapters
When a Simple Portfolio Isn't Enough (EP.272)When a “simple” diversified portfolio isn’t enough for investors with specific problems—especially concentrated stock positions and large upcoming taxable gains—and how to decide whether complexity…2 Sep 2026 · 11 min · 5 chapters
Stay Calm: What Index Funds Still Can't Solve ft. David Booth (EP.271)Why evidence-based, low-cost index investing still doesn’t produce calm investor behavior; the remaining unsolved problem is human nature (trading, market timing, panic).26 Aug 2026 · 37 min · 17 chapters
You've Made a Ton of Smart Financial Choices, Now What? (EP.270)After you’ve already made “smart” money moves (save, diversify, invest, insure, use tax-advantaged accounts), the next challenge isn’t more knowledge—it’s judgment about how to coordinate those…19 Aug 2026 · 10 min · 3 chapters
The Investing Mistakes Even Smart Investors Make (EP.269)Common investing mistakes even smart investors make, and where advisors can add value beyond cheap index exposure—especially in fixed income, diversification, factor vs.12 Aug 2026 · 48 min · 22 chapters
Financial Advisor Fees: What You're Really Paying For (EP.268)What fee-only financial advisors really cost and what responsibilities you’re buying, using a lawn-mowing analogy to explain “paying for outcomes,” not just time or a billing label.5 Aug 2026 · 14 min · 7 chapters
Why Building Wealth Is about More Than Money, With Jack Raines (EP.267)Building wealth is more than maximizing portfolio size; it’s about allocating time and money across life stages to reduce opportunity cost, distinguish uncertainty from real risk, and create “memory…29 Jul 2026 · 41 min · 14 chapters
Why the S&P 500 Is Probably the Wrong Benchmark for Your Portfolio (EP.266)Why using the S&P 500 as a yardstick can make a properly built portfolio feel like it’s failing; how to choose performance benchmarks that match a portfolio’s role and objectives.22 Jul 2026 · 14 min · 4 chapters
The Money Decisions That Actually Make You Happier ft Elizabeth Dunn (EP.265)How to make money, time, and life decisions that increase happiness while reducing carbon—arguing that “happiness-optimal” choices aren’t always “spreadsheet-optimal,” and that the biggest climate…15 Jul 2026 · 39 min · 15 chapters
2026 Midyear Market Outlook for Long-Term Investors (EP.264)Midyear 2026 market check-in for long-term investors—what drove strength in 2026 so far, what to watch in H2, and how to stay diversified across stocks, bonds, and regions.8 Jul 2026 · 10 min · 8 chapters
How to Become a Future Rich Person with Haley Sacks (EP.263)How to become a “future rich person” by changing money mindset, earning more, spending intentionally, building an emergency “exit plan,” and investing for long-term average returns (8–10%) rather…1 Jul 2026 · 36 min · 16 chapters
Hindsight Bias: Why Every Market Move Looks Obvious Afterward (EP.262)Hindsight bias in investing—why past market moves feel obvious after the fact, leading investors to overestimate how predictable events were in real time and to make riskier timing and portfolio…24 Jun 2026 · 7 min · 4 chapters
Why Financial Advice Gets Better at Scale ft. Cameron Passmore (EP.261)Why financial advice improves “at scale,” arguing that markets work and planning matters more than stock-picking; discusses fee transparency, firm culture, private markets, AI, and why the future…17 Jun 2026 · 53 min · 19 chapters
All Things SpaceX IPO: The Real Story For Mega IPOs (EP.260)Whether investors should chase SpaceX’s anticipated IPO price or worry about “mega IPO” effects on index funds/ETFs, and how index inclusion/float changes drive actual exposure.10 Jun 2026 · 15 min · 5 chapters
Why Most Stocks Lose Money With Hendrik Bessembinder (EP.259)Hendrik Bessembinder’s research on stock-market skewness and concentration: most individual stocks lose money even though the overall market creates huge shareholder wealth.3 Jun 2026 · 46 min · 17 chapters
Why Smart People Make Bad Investment Decisions (EP.258)Why smart people make bad investment decisions, arguing that human brains are wired to act on incomplete evidence, and that intelligence doesn’t remove bias.27 May 2026 · 11 min · 5 chapters
The Behavioral Portfolio with Phillip Toews (EP.257)The “Behavioral Portfolio” argues that investing success depends not only on stock/bond allocation, but on designing portfolios and advisor communication to withstand investor behavioral biases…20 May 2026 · 36 min · 15 chapters
Investment Management Isn't A Commodity (EP.256)Argues investment exposure can be cheap and standardized (e.g., low-cost ETFs), but “investment management” is not a commodity because real value comes from customized, personalized, and continuously…13 May 2026 · 14 min · 6 chapters
Ben Carlson on Risk, Reward, and Building a Portfolio You Can Stick With (EP.255)Ben Carlson (A Wealth of Common Sense; Animal Spirits) discusses his book Risk and Reward with host Peter Lazaroff on why investing is hard despite “simple” advice.6 May 2026 · 39 min · 14 chapters
My Retirement Accounts Are Fully Funded, Now What? (EP.254)What to do after retirement accounts (401k/IRA/HSA/mega backdoor Roth) are fully funded—where “next dollars” should go based on timing, liquidity needs, and tax efficiency.29 Apr 2026 · 14 min · 9 chapters
How to Save for Your Kids Without Sacrificing Your Retirement With Kali and Eric Roberge (EP.253)How parents can save for kids (college and other goals) while protecting their own retirement, using flexible account strategies and managing family dynamics (including grandparents), plus practical…22 Apr 2026 · 35 min · 17 chapters