Episode #90: Update on Expected Returns with Raymond KerzerhoIn this Episode, James Parkyn & François Doyon La Rochelle welcome back PWL’s Senior Researcher, Raymond Kerzérho, to discuss expected returns. /episode/index/show/capitaltopics/id/42318345
Episode #89: Financial Markets Update: 2026 Mid Year Market Check InIn this Episode, François Doyon La Rochelle and James Parkyn review the global capital markets performances for the first half of 2026. /episode/index/show/capitaltopics/id/42172255
Episode #88: ETF Mania: What 2025 Taught Us About Innovation, Noise, and Staying DisciplinedIn this Episode, François Doyon La Rochelle and James Parkyn review the ETF landscape for 2025 and what it has taught us about innovation, noise, and the need to staying disciplined. /episode/index/show/capitaltopics/id/41661960
Episode #87: The Future of Wealth Management Started in 1996: The PWL Capital StoryIn this Episode, François Doyon La Rochelle celebrates PWL’s 30th anniversary by discussing the company’s history with James who is one of PWL’s co-founders. /episode/index/show/capitaltopics/id/41249570
Episode #86: Diversification, the Value Premium and the Importance of the Profitability FactorIn this Episode, James Parkyn & François Doyon La Rochelle discuss diversification, the value premium and the importance of the profitability factor. /episode/index/show/capitaltopics/id/40872295
Episode #85: Active vs Passive – Who Is on the Other Side of the Trade?In this Episode, James Parkyn & François Doyon La Rochelle discuss with Raymond Kerzerho, PWL’s Senior Researcher, a recent research paper from Morgan Stanley entitled “Who is on the Other Side”. /episode/index/show/capitaltopics/id/40522360
Episode #84: How Much Risk Can You Take in Your Portfolio?In this Episode, James Parkyn & François Doyon La Rochelle discuss crucial components of investing: Risk Tolerance & Risk Capacity. /episode/index/show/capitaltopics/id/40140840
Episode #83: 2025 Capital Markets Review: A Banner Year for Investing LessonsIn this Episode, James Parkyn & François Doyon La Rochelle break down the key stock market statistics from 2025 and unpack the biggest lessons the year taught investors. /episode/index/show/capitaltopics/id/39811550
Episode #82: Investor Psychology: How Your Behavioral Biases Sabotage Your Long-Term Investment PlanIn this Episode, James Parkyn & François Doyon La Rochelle discuss how investors’ behavioral biases sabotage their long-term investment plan. /episode/index/show/capitaltopics/id/39355235
Episode #81: 2025 Year-End Tax PlanningIn this Episode, James Parkyn & François Doyon La Rochelle review Year-End Tax Planning strategies for investors in Capital Market Securities. /episode/index/show/capitaltopics/id/39167870
Episode #80: Financial Bubbles – Investing Beyond the Fear of BubblesIn this Episode, James Parkyn & François Doyon La Rochelle discuss financial market bubbles history and perspectives. /episode/index/show/capitaltopics/id/38408900
Episode #79: Are your expectation of Market returns too high?In this Episode, James Parkyn & François Doyon La Rochelle welcome back PWL’s Senior Researcher, Raymond Kerzérho, to discuss expected returns. /episode/index/show/capitaltopics/id/37970215
Episode #78: Is it time to change your allocation to US StocksIn this Episode, James Parkyn & François Doyon La Rochelle discuss a frequent question they are receiving from their clients: “Should we reduce our allocation to US Stocks?”. /episode/index/show/capitaltopics/id/37598680
Episode #77: 2025 Mid-Year Market Check-In: Navigating the UnpredictableIn this Episode, James Parkyn & François Doyon La Rochelle review the global capital markets performances for the first half of 2025. /episode/index/show/capitaltopics/id/37415915
Episode #76: History of Market Cycles in Nominal and Real ReturnsIn this Episode, James Parkyn & François Doyon La Rochelle invited Raymond Kerzerho, Senior researcher at PWL Capital, to discuss his recently published blog posts that cover the historical performance of stocks and bonds over the last 55 years. /episode/index/show/capitaltopics/id/36938335
Episode #75: Review of UBS Global Investment Returns Yearbook 2025In this Episode, James Parkyn & François Doyon La Rochelle review the key findings from the 26th edition of the UBS Global Investment Returns Yearbook for 2025. /episode/index/show/capitaltopics/id/36549170
Episode #74: Update on market volatility and review of active vs passive managementIn this Episode, James Parkyn & François Doyon La Rochelle discuss the current volatility in the stock markets and then revisit the state of ETFs Landscape in Canada, as well as the debate between active and passive funds. /episode/index/show/capitaltopics/id/36154325
Episode #73: Review of Hedge Funds: Do They Make Sense for InvestorsIn this Episode, James Parkyn & François Doyon La Rochelle discusses the hedge funds industry with Raymond Kerzerho, PWL’s Senior Researcher. /episode/index/show/capitaltopics/id/35743975
Episode #72: Investing Lessons From 2024In this Episode, James Parkyn & François Doyon La Rochelle continue their annual tradition of sharing Investing Lessons of the prior year, 2024. /episode/index/show/capitaltopics/id/35349765
Episode #71: 2024 Capital Markets Year in Review: Another spectacular year! In this Episode, James Parkyn & François Doyon La Rochelle reviews the global capital markets performances for 2024. They will be pulling performance data points from our market statistics page, a document you can find on our website Capital Topics, a valuable tool to follow today’s discussion and to review and assess the performance of your portfolios. /episode/index/show/capitaltopics/id/34946775
Episode #70: Can a Crystal Ball Really Make You Rich?In this Episode, James Parkyn & François Doyon La Rochelle will be covering a recent study by Victor Haghani and James White from Elm Partner Management in the U.S. The study's title is “When Having a Crystal Ball Isn’t Enough to Make You Rich.” Having that crystal ball to predict markets is every investor’s dream. But is having that crystal ball enough to make us rich? /episode/index/show/capitaltopics/id/34485275
Episode #69: 2024 Year- End Tax PlanningIn this Episode, James Parkyn & François Doyon La Rochelle will be reviewing Year-End Tax Planning strategies highlighting the 2024 Federal Budget proposed changes on Capital Gains Tax. /episode/index/show/capitaltopics/id/34033626
Episode #68: Proof That Investor Behavior Has a Negative Impact on Their Performance In this Episode, James Parkyn & François Doyon La Rochelle will be reviewing the Morningstar U.S Mind the Gap 2024 report. This report highlights how investor mistiming the market had an impact on their performance. /episode/index/show/capitaltopics/id/33567237
Episode #67: Why owning individual stocks in a portfolio has a high probability of a negative outcome In this Episode, James Parkyn & François Doyon La Rochelle will be reviewing a paper published in July 2024 by professor Hendrik Bessembinder titles “Which U.S. Stocks Generated the Highest Long-Term Returns?”. His findings in this research paper make the case that owning individual stocks in a portfolio has a high probability of a negative outcome. /episode/index/show/capitaltopics/id/33095262
Episode #66: 2024 Mid-Year Capital Markets ReviewIn this Episode, James Parkyn & François Doyon La Rochelle will be reviewing the performance of capital markets for the first half of 2024. It is a subject they cover twice yearly to help their listeners better understand and evaluate their portfolios’ performance. /episode/index/show/capitaltopics/id/32353757
Episode #65: How to Invest When Markets Are Making New All-Time Highs and the Review of the UBS Global Investment Returns Yearbook 2024In this Episode, James Parkyn & François Doyon La Rochelle start by discussing what investors should be doing when markets are making new all-time highs. For their second topic, they review the 25th edition of the UBS Global Investment Returns Yearbook 2024 Summary Edition. /episode/index/show/capitaltopics/id/31981647
Episode #64: The Latest on the Magnificent Seven Stocks and Warren Buffet’s Annual Letter for Shareholders.In this Episode, James Parkyn & François Doyon La Rochelle start by giving an update on the performance of the Magnificent Seven stocks and how they have done year-to-date in 2024. Warren Buffett’s Annual Letter to Shareholders of Berkshire Hathaway. /episode/index/show/capitaltopics/id/31598452
Episode #63: Update on the Results of Active vs Passive Management for 2023 & Review of the 2024 Federal Budget and the New Rules That Affect InvestorsIn this Episode, James Parkyn & François Doyon La Rochelle start by giving an update on the results of active vs passive management for 2023. They then review the 2024 Federal Budget and the New Rules that affect Investors. /episode/index/show/capitaltopics/id/31177757
Episode #62: The Parkyn – Doyon La Rochelle eBook Guide to the New RetirementIn this Episode, James Parkyn & François Doyon La Rochelle present James’ latest eBook called “The New Retirement” /episode/index/show/capitaltopics/id/30742828
Episode #61: 2023 Update on PWL’s Expected Returns and a Review of Professor Scott Cederburg’s paper on life cycle asset allocationIn this Episode, James Parkyn & François Doyon La Rochelle discuss the updated PWL long term expected returns on asset classes with PWL’s senior researcher Raymond Kerzérho. Then, they review with him a research paper from Professor Scott Cederburg on life cycle asset allocation. /episode/index/show/capitaltopics/id/30360223