Home /
Podcasts /
Excess Returns
Excess Returns
573 episodes · by Excess Returns
About Excess Returns
Excess Returns is a podcast with 573 episodes in the PodLexicon database, each accompanied by a full searchable transcript and AI-generated summary. Excess Returns is dedicated to making you a better long-term investor and making complex investing topics understandable. Join Jack Forehand, Justin Carbonneau and Matt Zeigler as they sit down with some of the most interesting names in finance to discuss topics like macroeconomics, value investing, factor investing, and more. PodLexicon indexes every episode of Excess Returns and turns each one into a searchable AI summary — find the episode that covers a topic, track how that topic evolved over time, or compare what different guests said about it.
Topics Covered on Excess Returns
Gambling Normalization in Finance Sports Betting and Financial Planning Speculative Investing Culture Regulatory and Market-Structure Risk AI Boom Circular Financing Disclosure and Information Asymmetry Cultural Gatekeeping and Generational Identity Podcast launch and hosts
Notable Guests on Excess Returns
Recent Episodes
Katie Stockton Still Sees a Bull Market. So Why Is Her ETF Only 50% in Stocks? — October 08, 2026Tom Maher on Small-Cap Investing, AI Infrastructure and Opportunities Beyond Big Tech — October 07, 2026Ed Yardeni Still Sees S&P 10,000 by 2029. So Why Is He Getting More Cautious? — October 04, 2026The 10-Year Hit a 24-Year High. Nobody Is Buying Puts. Are You Watching the Wrong Market? — October 03, 2026They Beat All US Stock Funds Since 2003 | Michael Baron on the AI Winners Investors Miss — October 01, 2026The Game Was Rigged in Their Favor. 28% Went Bust Anyway | Kris Abdelmessih on How to Size Bets — September 29, 2026We Asked the Data Journalist Who Rebuilt the Jobs Report What the Headline Number Hides — September 26, 2026He Lost $157,000 in 3 Minutes | Jack Raines on the Lesson Winning Never Taught Him — September 23, 2026The AI Gap Is Closing | Jason Hsu on China, Momentum Crashes and the S&P’s Seven-Stock Bet — September 20, 2026David Rosenberg on Why He Wants the Bonds Everyone Hates — and Where He's Hiding in Stocks — September 18, 2026Franklin Templeton CEO Jenny Johnson on AI, Private Markets, and the Hidden Risks in Index Funds — September 16, 2026Jim Paulsen on the Weakening Economy, Tech Bear Market Risk and the Bull Market Built on Fear — September 14, 2026We Asked Fidelity's Ex-President What Made Peter Lynch Great — and Where Private Credit Risk Hides — September 12, 2026Everyone Hates Bonds. Why Two Bond Managers Say You're Hating the Wrong Ones — September 10, 2026All-In on the S&P 500 Worked for 18 Years | Jared Dillian on Why It's Still Wrong — September 08, 2026Nvidia Is Betting on Its Customers. Gen Z Is Betting on Sports. Will It All End the Same Way? — September 06, 2026The Fed Credibility Narrative Has Turned | Ben Hunt on AI, the Consumer and Financial Repression — September 03, 2026Bearish Into November. Room to Run After: Why Dan Niles Is Watching Hyperscaler Credit Default Swaps — September 03, 2026Sticky Inflation. Cheap Volatility. A Less Predictable Fed. Why Aren’t Markets More Worried? — August 31, 2026The Profits Come Now. The Costs Come Later. Kevin Muir on Whether AI Earnings Are the Bubble — August 29, 2026Private Equity Chased Software. Big Tech Is Chasing AI. Dan Rasmussen on If They Are Making the Same Mistake Twice — August 28, 2026Only 2.7% Beat the S&P for 20 Years | Ian Cassel on What Elite Stock Pickers Do Differently — August 25, 2026The Rally is Broadening. The Earnings Growth Isn't. Liz Ann Sonders on Which Breaks First — August 22, 2026We Asked Andy Constan What Happens If AI Funding Breaks Before the Thesis — And if Warsh Blinks — August 20, 2026We Asked Value Legend Bob Robotti Why the Real AI Trade Isn't AI — And Why Passive Helps Stock Pickers — August 18, 2026Jim Paulsen Sees a Growth Scare Coming | The 34 Charts That Make Him Cautious — August 14, 2026We Asked T. Rowe's $8 Billion Tech Manager Why We Are in 1998 — And Why Software Is in Trouble — August 11, 2026David Rosenberg and Rich Bernstein on What Ends the AI Trade — And What They Own Instead — August 08, 20264% Inflation. Stretched Valuations. Why Is the Market Still Risk-On? | Tian Yang — August 06, 2026The Biggest Leak in Finance | Brent Donnelly on Why You're Probably Too Bearish — August 04, 2026A $20B Blowup. A War-Sized AI Bet. Was the Bottom Just a Margin Call? | Last Call — August 02, 2026A War-Sized AI Bet. Private Credit Went All In. Will the Government End Up Owning It? — July 31, 2026He Called It the Worst Chart Imaginable. Then He Bought It | Rupert Mitchell on Cracks in the Mag 7 — July 29, 2026The Warren Buffett Portfolio: Robert Hagstrom on What Wall Street Gets Wrong About Risk — July 28, 2026Even God Would Be Fired | Wes Gray on Bubbles, AI Valuations and Why Size Was Never the Edge — July 25, 2026Not a Time for Big Bets | Aahan Menon on What 60 Years of Regime Data Says About Today’s Market — July 23, 2026We Asked the Man Who Mapped the AI Economy If the Boom Is Real — And Who Keeps the Money — July 21, 2026It Only Happens at Bottoms | Andy Constan on the Options Extreme That Showed Up at the Highs — July 18, 2026Jack Schwager on Timeless Lessons from Elite Traders — July 16, 2026The Recession the Unemployment Rate Can't See | Eric Pachman on the Data Beneath the Jobs Report — July 14, 2026Jim Paulsen Sees a Correction Coming | The 33 Charts That Turned Him Cautious — July 11, 2026Big Uptrend. Tech Momentum Fading | Katie Stockton on the Rotation Investors Are Missing — July 09, 2026We Asked a $1 Billion Quant Manager Why Concentration Isn't a Warning — and Small Caps Aren't Dead — July 07, 2026The $600 Billion Loop | Jeff Klingelhofer on AI, the Return of Bonds and the Fed's Third Mandate — July 06, 2026We Asked Meb Faber Why US Stocks Won for 250 Years — And If It Can Continue — July 05, 2026Semis Gone Parabolic. Fed Credibility Reversal. Can the Rally Survive the Flows? — July 03, 2026The AI Trade, the Fed and the Next Phase of the Bull Market | Warren Pies — July 02, 2026He Wrote the Book on Why Moats Fail | Ritavan on What Actually Compounds Instead — July 01, 2026The 100 Year Thinkers: Chris Mayer on SpaceX, AI Reckoning, and Why Early Is Overrated — June 27, 2026We Asked GMO’s Head of Asset Allocation Why This Bubble is Easy — But Investors Will Get it Wrong — June 24, 2026
Search all Excess Returns transcripts →