Here we are at session number 76 , and I’m going to be talking to Robin Powell from SensibleInvesting.tv about a documentary he is releasing called How to Win the Loser’s Game. It’s about the fund management industry and the scandal of high prices and low returns. It’s compelling stuff – more of which later.

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But first…

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Introduction

Robin Powell is a journalist and producer with a history of working with the BBC and other major news outlets. Robin reached out to me because his company has just released a major new documentary called How To Win The Loser’s Game. This full-length film is being released in ten weekly sections, one every Wednesday over at SensibleInvesting.tv.

Robin has interviewed such luminaries as Jack Bogle who founded Vanguard Investments and who is a leading voice in the argument in favour of passive, that is market-tracking, investing. The alternative to passive investing is of course active investing where a fund manager seeks to add value by selecting the right stocks to buy and sell at any given time. The worrying thing is that very few managers consistently add value over and above the charges they levy for looking after your money.

I encourage you to look up the documentary at the sensibleinvesting.tv website – make sure to start from the beginning.

Let’s get straight to the interview with Robin Powell

Interview

As I rule I tend not to transcribe the interviews, but here are the questions I asked Robin:

• Who are you and what do you do?
• How did you get to this point, where creating the documentary was the next thing you wanted to do?
• Can you give us an outline of the film and what it is about?
• What was the most surprising thing you learned while researching and creating the film?
• Is there a core message that you wanted to get across?
• What are you hoping the film will achieve?
• Who was your favourite person you interviewed for the film? Why?
• Have you received any death threats from the fund management industry?!
• How can people see the documentary and find out more about what you are doing?

Again, you can see the video over at sensibleinvesting.tv and get in touch with Robin there, or you can hit him up on Twitter to say thank you for the interview.

Summary

I think that I’m more convinced than ever of the value of passive investing as opposed to the traditional active fund management route. I wonder what you think? I’d love to hear your opinions on this, and the best place to do that is in the comments section below.

This week’s reviews

[This is where I read the reviews]

If you like what you hear on this podcast, please leave a rating or review on iTunes by going to meaningfulmoney.tv/iTunes just like James0190 this last week. This helps others to hear about the show and to subscribe, because it keeps me near the top of the rankings.

News

Weight Loss: Down one pound to 16st 2lbs. Week away on business meant I took off less than I hoped lat week after my holiday. But doing plenty of exercise and watching those carbs to make sure those holiday pounds come off quickly!

Next Session Announcement

Next time we'll be talking about Ten Years Till Retirement. What are the things you need to be on top of and thinking about if you are on the home straight heading towards your retirement date? If you have a question on this subject, or any other financial query that you want answering here on the show, then the best way to do that is to leave me a voicemail at meaningfulmoney.tv/askpete

Outro

That's it for this session of the MM podcast, I hope it was helpful. If I missed anything or if you have any questions, please leave them comments section below

I hope you enjoyed this session. Thanks for listening – I'll talk to you next time.