Brian Portnoy: Balancing Returns with Simplicity, Financial Independence, and Peace of Mind

<p><p>Our guest on the podcast today is author Brian Portnoy. Brian has written two books on the field of behavioral finance, <em>The Investor's Paradox</em> and <em>The Geometry of Wealth.</em> He's also the editor of a forthcoming book of essays about how financial experts invest their own money called <em>How I Invest My Money.</em></p><p></p></p><p><p>Brian is the founder of Shaping Wealth, a financial-wellness platform that works with individuals and organizations to make better money decisions. For more than two decades, Brian has worked in the hedge fund and mutual fund industries as portfolio manager and educator. He was also our colleague at Morningstar in the early 2000s. He's a CFA charterholder and earned his doctorate at the University of Chicago.</p><p></p></p><p><p><strong>Links</strong></p></p><p><p>Brian Portnoy’s <a href="https://shapingwealth.com/about" target="_blank">bio</a></p></p><p><p>Brian Portnoy’s <a href="http://shapingwealth.com/books" target="_blank">books</a> </p></p><p><p><a href="https://shapingwealth.com/" target="_blank">Shaping Wealth</a></p></p><p><p>“<a href="https://thereformedbroker.com/2019/07/16/how-i-invest-my-own-money/" target="_blank">How I Invest My Own Money</a>,” by Joshua Brown, The Reformed Broker blog, July 16, 2019.</p></p><p><p><a href="https://betterletter.substack.com/" target="_blank">Robert Seawright blog</a> </p></p><p><p><a href="https://berknell.com/your-advisor/" target="_blank">Dasarte Yarnway</a></p></p><p><p><a href="http://www.morganhousel.com/" target="_blank">Morgan Housel</a> <a href="http://www.morganhousel.com/"></a></p></p><p><p><a href="https://www.dynastyfinancialpartners.com/bio?id=997" target="_blank">Shirl Penney</a> </p></p><p><p><a href="https://en.wikipedia.org/wiki/Efficient_frontier" target="_blank">Efficient frontier definition</a></p></p><p><p><a href="https://en.wikipedia.org/wiki/Harry_Markowitz" target="_blank">Harry Markowitz</a> </p></p><p><p><a href="https://en.wikipedia.org/wiki/Fama%E2%80%93French_three-factor_model" targe