In this context rich episode of “Stocks in Translation,” Portfolio Wealth Advisors Chief Investment Officer, Lee Munson packs in the history of traditional investing philosophies, complete with references, and then pronounces those strategies to be dead. In this playful interview, Munson prefaces his thoughts by stating, “Remember, Wall St. is a bunch of rich guys like me…” and goes on to say, “... the game has totally changed.”

Yahoo Finance's Stocks in Translation master statistician Jared Blikre, is your guide with essential conversation cutting through the market mayhem, noisy numbers and hyperbole to give you the information you need to make the right trade for your portfolio.

Find this episode's transcripts and more episodes of Stocks in Translation at https://finance.yahoo.com/videos/series/stocks-in-translation/

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

00:00-Lee Munson on "Stocks in Translation"

03:05-Jay Powell

03:40-The game has changed

06:10-Free money

08:00-Small cap

08:20-Word of the Day

09:40-Charlie Munger

10:30-Reading list

11:00-Competition is for suckers

12:20-Hard commodities

14:20-Mutual fund structure defunct

15:40-Monopolies

17:00-Serious concerns

18:40-60/40 Mix

20:00-Historically

22:10-Come to the realization

Yahoo Finance's Stocks in Translation is hosted by Jared Blikre, and produced by Jimi Corpuz

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