In short
Announcement episode for “The Perfect Portfolio” (EP.275) by Peter Lazaroff, host of The Long-Term Investor.
Key claims
timeless investing principles still apply—diversification works, costs matter, and investor behavior drives outcomes—despite today’s improved data/technology/tax-aware tools and increased complexity. Lazaroff says the book offers a clear framework for deciding what belongs in a portfolio, when changes are justified, and when to leave holdings alone, aiming to be practical, short, and easy to understand.
Notable examples
references to Charles Ellis’s Winning the Losers Game, plus Random Walk Down Wall Street and The Intelligent Investor.
Guests
none mentioned; solo host only.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOAnnouncement of The Perfect Portfolio
0:45 to 2:21
Peter shares his excitement about the release of his new book, The Perfect Portfolio.
“and all this week feedback's been rolling in that just has me so excited and so pumped up to spread the word.”
Influences and Core Lessons
2:21 to 3:22
Discussion on the timeless principles of investing and the changes in the investment landscape.
“And that is why I wrote The Perfect Portfolio.”
Call to Action and Future Content
3:22 to 3:52
Peter encourages listeners to buy his book and hints at upcoming content.
“If you've been planning to read The Perfect Portfolio, now is a very good day to buy it.”
Transcript
Automatic transcript. May contain errors.0:02We all need to make smart decisions with our money. The Long-Term Investor podcast shows you how by distilling complex financial matters into easily digestible lessons. And now here's your host, chief investment officer at PlanCorp and the author of Making Money Simple, Peter Lazaroff.
0:21Peter Lazaroff:Welcome back to The Long-Term Investor. Today is the day. I am so excited that The Perfect Portfolio is now available anywhere you can buy books. There's a link at the top of the episode description that will take you straight to Amazon. But truly, anywhere you buy books, you can go get The Perfect Portfolio. And last week, I had the privilege of signing a couple hundred pre-released copies at Future Proof, which is the world's largest wealth festival. and all this week feedback's been rolling in that just has me so excited and so pumped up to spread the word. Today's episode is mostly just to announce that the book is live and again would really appreciate your consideration for purchasing a copy.
1:03Peter Lazaroff:Now just to give you a sense of how excited I was for this book to come out last night I was reading in bed with my youngest son and every night the two of us will read our own books side by side. It's a great tradition. I don't know if will ever stop it. I hope he always wants me to come read with him at night. But I didn't have a new book in hand. I just finished one recently. So I went to the bookshelf and I picked up Winning the Losers Game by Charles Ellis. And Charlie Ellis's book has had an enormous influence on my career. And I'm also thrilled, truly like a great honor of my professional life, that Charlie read the manuscript for The Perfect Portfolio multiple times and gave me thoughtful feedback all along the way.
1:42But last night, as I was rereading his classic, I kept thinking about what has changed and what hasn't. Diversification still works. Costs still matter. Investor behavior still determines a huge portion of the outcome. And it's these core lessons from the classics like winning the loser's game or a random walk down Wall Street or the intelligent investor that remain as important as ever. But the investing landscape has changed dramatically. We have better data, better technology, better investment vehicles, more tax-aware tools, and in some cases, far more complexity than investors actually need.
2:22And that is why I wrote The Perfect Portfolio. I wanted to bring the timeless principles of successful investing into today's world without burying readers in unnecessary details. The goal in my mind was to create a clear framework for deciding what belongs in your portfolio, when a change is justified, and when the best decision is to leave some things alone. Now, this is my 20th year in the profession, and I think what I bring to the conversation is two decades of sitting across from real people and helping them make these decisions when markets or taxes or family or emotions all collide. And, you know, I mentioned a few hundred advanced copies went out last week, and the early feedback has just given me some comfort that this book will really help people.
3:09More specifically, people keep mentioning the clarity, and I'm just so thrilled to hear that because I was going for something that's practical and relatively short and written to be understood, not sound clever. So today it's officially available. If you've been planning to read The Perfect Portfolio, now is a very good day to buy it. Any day is a good day to buy it. But everyone who has already bought it, thank you so much.
3:35Peter Lazaroff:I hope it helps you make better decisions with your money for a very long time. Again, the link is at the top of the episode description to buy the book. Next week, we'll be back with our regular content of interviews and solo episodes. So again, thank you everybody for following me along in this journey. and until next time, to long-term investing.
4:22is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of PlanCorp and BrightPlan may maintain positions in the securities discussed in this podcast.
From the publisher
Get your copy of The Perfect Portfolio here
"The Perfect Portfolio gives investors of all stripes a useful, dynamic framework to guide them toward long-term success." ―Matt Mendelsohn, Chief Investment Officer, Yale University
"Peter Lazaroff has spent years helping clients reach their financial goals, and his experience and empathy shine through in this wise book." ―Christine Benz, Director of Personal Finance, Morningstar
"The Perfect Portfolio reflects a career devoted to helping individuals understand and execute on what is distinctly "perfect" for them." ―Brian Portnoy, Author, How I Invest My Money
"Utilizing vivid narratives and robust data, Peter Lazaroff provides a persuasive argument for tailoring a strategy to your specific needs. For any person, regardless of their level of experience." ―David Booth, Founder and Chairman, Dimensional Fund Advisors, and author, Stay Calm: Learn to Embrace Uncertainty in Investing and Life
"Peter Lazaroff provides a roadmap for constructing a strategy that remains resilient through cycles of anxiety, exuberance, and volatility and respects your personal objectives, emotional makeup, and fortitude." ―Dr. Daniel Crosby, New York Times bestselling author, The Soul of Wealth
"Peter Lazaroff has a gift for taking complex investing problems and providing simple solutions you can actually use to build a better portfolio and investment plan." ―Ben Carlson, Director of Institutional Asset Management, Ritholtz Wealth Management, author, Risk and Reward
Get your copy of The Perfect Portfolio here
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)
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