A Debate of Titans
Paul Merriman and JL Collins have a friendly debate: https://www.youtube.com/watch?v=yVwEPkWGOrE
It's a great example of a 'debate' where nobody gets angry, both parties are very reasonable and very respectful. I wish more such conversations existed!
But, I suppose in the 'attention economy,' rage and insults tend to draw more eyeballs, and therefore bring in more revenue.
Both Merriman and Collins dispense the kind of advice that is advocated around here, and in the grand scheme of things, they're not that far apart. JL Collins' position prioritizes simplicity, while Paul Merriman's advice has a little more complexity, with the goal of a better risk-adjusted return.
Merriman told me in an interview for this blog that his main advice has gotten simpler over the years, due in no small part to a conversation with John 'Jack' Bogle. He still supports his older Ultimate Portfolio, which holds ten different asset classes, but acknowledges that only a few percent of people will want to tinker with something like that.
My own investment strategy has been influenced by both men. So it's great to see them chatting on this video!
For the curious (or just for my own reference at a later date), here are links on this very blog containing references to each of these men:
JL Collins
https://froogalstoodent.blogspot.com/2018/04/chasing-money-ghosts.html
https://froogalstoodent.blogspot.com/2018/04/want-to-be-rich-dont-buy-house.html
My writing has even been featured in a book edited by JL Collins! Check it out: https://froogalstoodent.blogspot.com/2023/11/pathfinders.html
Paul Merriman
https://froogalstoodent.blogspot.com/2021/02/supercharged-talking-millions-with-paul.html
https://froogalstoodent.blogspot.com/2021/09/the-best-performing-asset-classes.html
https://froogalstoodent.blogspot.com/2021/07/when-stocks-didnt-perform.html
https://froogalstoodent.blogspot.com/2022/05/battle-of-investments-stocks-bonds-and.html
https://froogalstoodent.blogspot.com/2021/03/from-10k-to-125m-why-compound-interest.html
Both
https://froogalstoodent.blogspot.com/2017/02/is-your-retirement-in-jeopardy.html
https://froogalstoodent.blogspot.com/2017/12/how-to-invest.html
https://froogalstoodent.blogspot.com/2017/04/should-you-trust-stock-market-pt-ii.html
https://froogalstoodent.blogspot.com/2020/12/froogal-stoodent-vs-jlcollinsnh.html
And here's a book review of 2 Funds for Life, which was written by Chris Pedersen, who works with Paul Merriman and others in the Merriman Financial Education Foundation: https://froogalstoodent.blogspot.com/2024/07/2-funds-for-life-froogal-stoodent-review.html
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