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Louis Llanes
United States
Приєднався 13 лип 2018
Louis provides personalized advisory and investment management services for individuals and families who are navigating life-changing liquidity events such as retirement, inheritances, and the sale of a business.
AI Driven Investment Breakthroughs | Ep96
In this episode of the Market Call Show, I dive into the transformative role of artificial intelligence in wealth management. Together, we’ll explore how AI is reshaping portfolio management, moving beyond a mere tool to become a revolutionary force in investment strategies. Drawing on groundbreaking insights from Brooklyn Investment Group’s latest white paper, we’ll uncover how AI enables wealth managers to scale their operations, cut time commitments, and reduce costs, all while enhancing the quality of client service.
AI's ability to automate complex tasks like portfolio rebalancing allows managers to oversee hundreds of accounts more accurately and efficiently. AI can cut a portfolio manager’s time spent on routine tasks by up to 82% and reduce computational costs by as much as 85%.
Join me as we discuss why adopting AI-driven strategies isn’t just beneficial-it’s essential for staying competitive in today’s fast-paced investment world. Whether you're a wealth manager or someone interested in the future of investing, this episode offers practical insights into how AI is setting new standards in wealth management, making it possible to serve clients with precision and speed.
SHOW HIGHLIGHTS
I explore how artificial intelligence is revolutionizing wealth management, offering significant improvements in efficiency and personalization.
The episode discusses insights from the Brooklyn Investment Group's research, highlighting AI's potential to scale operations and reduce time and computational costs.
AI technology allows wealth managers to oversee numerous unique accounts with precision and speed, enhancing client service without increasing workload.
According to research, integrating AI into portfolio monitoring can reduce a portfolio manager's time commitment by up to 82% and computational costs by up to 85%.
AI-driven strategies are becoming essential in delivering exceptional client service, making personalized investment management more accessible to a wider range of clients.
AI models predict when accounts need attention, optimizing tasks such as cash management, risk assessment, and tax loss harvesting.
Advanced AI techniques, like zero-shot and multi-shot learning, enhance the adaptability and accuracy of investment strategies.
The importance of human judgment in AI-supported systems is emphasized, ensuring decisions are reviewed and validated for consistency and accuracy.
Challenges in AI implementation, such as handling complex conditions, are addressed by simplifying calculations and ensuring human oversight.
Continuous improvement and evaluation of AI models are crucial, as AI is set to become an integral part of the finance world, enhancing efficiency and decision-making.
P.S. Whenever you’re ready… here are 3 ways I can help you with YOUR investing and wealth planning advice:
1. Listen to the Market Call Show Podcast
One of my favorite things to do is to talk with smart people about investing, financial planning, and how to live a full life. I share this on my podcast the Market Call Show. ua-cam.com/channels/ZZBFVZq3wIkZtToH-StTYw.html
2. Read the Financial Freedom Blueprint: 7 Steps to Accelerate Your Path to Prosperity
If you’re ready to accelerate your path to prosperity, the Financial Freedom Blueprint lays out a proven system for planning and investing to secure your financial independence. You can get a personalized signed hardcover copy - www.pathtorealwealth.com/the-book/p/financial-freedom-blueprint
3. Work with me one-on-one
If you would like talk with me about planning and investing for your future. - meetings.hubspot.com/louis-llanes?uuid=979d970e-5869-43f5-87f7-0c20ea991e6e
AI's ability to automate complex tasks like portfolio rebalancing allows managers to oversee hundreds of accounts more accurately and efficiently. AI can cut a portfolio manager’s time spent on routine tasks by up to 82% and reduce computational costs by as much as 85%.
Join me as we discuss why adopting AI-driven strategies isn’t just beneficial-it’s essential for staying competitive in today’s fast-paced investment world. Whether you're a wealth manager or someone interested in the future of investing, this episode offers practical insights into how AI is setting new standards in wealth management, making it possible to serve clients with precision and speed.
SHOW HIGHLIGHTS
I explore how artificial intelligence is revolutionizing wealth management, offering significant improvements in efficiency and personalization.
The episode discusses insights from the Brooklyn Investment Group's research, highlighting AI's potential to scale operations and reduce time and computational costs.
AI technology allows wealth managers to oversee numerous unique accounts with precision and speed, enhancing client service without increasing workload.
According to research, integrating AI into portfolio monitoring can reduce a portfolio manager's time commitment by up to 82% and computational costs by up to 85%.
AI-driven strategies are becoming essential in delivering exceptional client service, making personalized investment management more accessible to a wider range of clients.
AI models predict when accounts need attention, optimizing tasks such as cash management, risk assessment, and tax loss harvesting.
Advanced AI techniques, like zero-shot and multi-shot learning, enhance the adaptability and accuracy of investment strategies.
The importance of human judgment in AI-supported systems is emphasized, ensuring decisions are reviewed and validated for consistency and accuracy.
Challenges in AI implementation, such as handling complex conditions, are addressed by simplifying calculations and ensuring human oversight.
Continuous improvement and evaluation of AI models are crucial, as AI is set to become an integral part of the finance world, enhancing efficiency and decision-making.
P.S. Whenever you’re ready… here are 3 ways I can help you with YOUR investing and wealth planning advice:
1. Listen to the Market Call Show Podcast
One of my favorite things to do is to talk with smart people about investing, financial planning, and how to live a full life. I share this on my podcast the Market Call Show. ua-cam.com/channels/ZZBFVZq3wIkZtToH-StTYw.html
2. Read the Financial Freedom Blueprint: 7 Steps to Accelerate Your Path to Prosperity
If you’re ready to accelerate your path to prosperity, the Financial Freedom Blueprint lays out a proven system for planning and investing to secure your financial independence. You can get a personalized signed hardcover copy - www.pathtorealwealth.com/the-book/p/financial-freedom-blueprint
3. Work with me one-on-one
If you would like talk with me about planning and investing for your future. - meetings.hubspot.com/louis-llanes?uuid=979d970e-5869-43f5-87f7-0c20ea991e6e
Переглядів: 25
Відео
Fishing in Less Crowded Technology Stocks | EP 95
Переглядів 3314 днів тому
Today, on the Market Call Show, we dive into smarter tech investing, I paint a vivid picture of the current tech sector, likening it to overfished rivers where investors crowd around large-cap stocks, inflating prices and squeezing out value. We come up with a fresh approach: focusing on smaller tech companies and early-stage private equity to achieve better diversification and risk reduction. ...
Are You Leaving Money On the Table | Ep 94
Переглядів 2821 день тому
Today, on the Market Call Show, we're uncovering three powerful yet underutilized strategies that could revolutionize your retirement savings approach. We dive deep into the world of the mega backdoor Roth IRA, revealing how high-income earners can bypass traditional contribution limits and potentially save thousands in taxes over time. Next, we explore the often-overlooked realm of self-direct...
Preparing Your Portfolio for Retirement | EP 93
Переглядів 702 місяці тому
Today, on the Market Call Show, we're discussing the importance of authenticity in financial planning. Using a great Rush analogy, we look at how sequencing returns impacts the longevity of your portfolio , and we talk about strategies to navigate varied markets. Most of us are concerned with peace of mind in retirement, and having enough to do everything we want to do, so taking a personalized...
Current Market Turbulence | Ep 92
Переглядів 353 місяці тому
Today, on the Market Call Show, we examine strategies for navigating volatile market conditions. Recent turbulence, driven by factors like the global sell-off, tech declines, and yen carry trade unwinding, has intensified volatility. We dissect the economic and geopolitical influences intensifying volatility. We illustrate the multifaceted challenges facing investors through examples such as NV...
Staying Rational in Emotional Markets | Ep 91
Переглядів 233 місяці тому
In this episode of the Market Call Show, we're discussing mastering long-term investing and balancing risk and return through strategies like adjusting asset allocation over time. With large-cap sell offs recently, we highlight opportunities in small-cap stocks and look at the fundamental analysis of these businesses. Drawing my experience as a portfolio manager, I'll share some of the tools I'...
The Fear and Greed Index Discussion with Jason Meshnick | Ep 90
Переглядів 753 місяці тому
The Fear and Greed Index-Discussion with Jason Meshnick In this episode of the Market Call show, I sit down with Jason Meshnick, a market maker turned fintech pioneer whose intriguing career journey has taken him from the bustling trading floors of the early 2000s to the cutting edge of AI in finance. Jason recounts his winding path from a philosophy major in small-town Poughkeepsie, New York, ...
Unlocking Long Term Gains in Tech Investments | Ep 89
Переглядів 184 місяці тому
In this week's show, we talk about some of the secrets to tax-efficient investing strategies specifically tailored for tech stock portfolios. As someone working in the tech industry, you may have significant shares tied up in your employer's stock-with great potential for appreciation, but also significant risks. Listen as I break down the potential volatility and tax implications of concentrat...
Maximizing Your Real Estate Returns | Ep 88
Переглядів 184 місяці тому
Unlock the secrets to smart real estate investing and learn how to maximize your returns while minimizing your tax burden. In this episode of the Market Call Show, we uncover the essential strategies for achieving a balanced portfolio by diversifying your assets into business ventures, real estate holdings, and secure reserves like cash or gold. We'll reveal how to strategically rebalance your ...
Monte Carlo Simulation and Financial Planning | Ep 86
Переглядів 18010 місяців тому
Podcast Mentions: FREE Portfolio Review, www.wealthnetinvest.com Wealth Beyond Numbers, www.lblmedia.net/workshop Welcome to the Market Call Show! This latest episode of the Market Call Show explains the best way to use Monte Carlo simulation, model different scenarios and make decisions with greater wisdom. The key is constructing the right asset blend, with stability, growth potential, and ta...
Use "Mr. Market" to Your Advantage | EP 85
Переглядів 9111 місяців тому
It’s been a while since our last episode of The Market Call Show. I’ve been working on some exciting projects, which is why there's been a brief hiatus in our podcast schedule. However, I’m thrilled to announce that I’m back and ready to deliver more insightful content to help you navigate the ever-changing landscape of the financial markets. In this episode, we'll be diving into the dynamic wo...
Navigating Uncertainty | Ep 82
Переглядів 76Рік тому
In this episode, Louis talks about the conflicting emotions surrounding current investment landscapes. With the economy appearing uncertain and news causing unease, we explore the principles of stability through two renowned investment books: "The Intelligent Investor" and "The Rule." Join us as we dive into Louis' concepts of quality, valuation, and sentiment, and examine how these principles ...
Clients We Refuse to Work With | Ep 81
Переглядів 135Рік тому
Revealed: The Clients We Refuse to Work With - Unmasking the Traits of Terrible Investors | EP 81 This week, I'll explore how a simple shift in mindset can revolutionize your investment decisions. I'm talking about the core principles of probabilistic thinking, diversification, emotional mastery, and understanding investment cycles. Here's a sneak peek of what to expect: The Role of Probabilist...
Top 5 Questions: Your Advisor's Critical Role in Spousal Support | Ep 80
Переглядів 31Рік тому
Top 5 Questions: Your Advisor’s Critical Role in Spousal Support | Ep 80 Podcast Mentions: 10-Point Checklist for Worry Free Retirement, www.retireready.live Have a question you'd like addressed on the show? Email Louis at hello@louisllanes.com Social Media Links: Twitter: /louisllanes Facebook: /louisllanes /marketcallshow LinkedIn: @louisllanes Schedule a call and free portfolio review www.we...
Avoid These 5 Mistakes Before You Retire | Ep 79
Переглядів 85Рік тому
Welcome back to our UA-cam channel, where we provide valuable insights on financial planning and retirement. In today's episode, we're diving into the fascinating world of pre-retirement planning and the common mistakes to avoid. Stay tuned as we cover an array of crucial topics that will set you on the path to a worry-free retirement. [0:00] Segment 1: What is the risk profile of a pre-retirem...
Conquering Market Flaws | Corey Hoffstein | Ep 77
Переглядів 277Рік тому
Conquering Market Flaws | Corey Hoffstein | Ep 77
Blueprint to Making Money in Stocks | Ep 76
Переглядів 68Рік тому
Blueprint to Making Money in Stocks | Ep 76
Martin Pring on A Bull Market Outlook | Martin Pring | Ep 74
Переглядів 810Рік тому
Martin Pring on A Bull Market Outlook | Martin Pring | Ep 74
Beyond Market Theories | with John Kosar | Ep 73
Переглядів 217Рік тому
Beyond Market Theories | with John Kosar | Ep 73
Laurens Bensdorp on Trading in Any Market Condition | Laurens Bensdorp | Episode 72
Переглядів 2,2 тис.Рік тому
Laurens Bensdorp on Trading in Any Market Condition | Laurens Bensdorp | Episode 72
Investing in a Climate of Change | Ep 71
Переглядів 52Рік тому
Investing in a Climate of Change | Ep 71
All Weather Trader with the Market Wizard Tom Basso | Ep 70
Переглядів 1,4 тис.Рік тому
All Weather Trader with the Market Wizard Tom Basso | Ep 70
Investing Outside the Stock Style Box | Ep 69
Переглядів 51Рік тому
Investing Outside the Stock Style Box | Ep 69
Optimizing Returns with Wes Gray | Ep 67
Переглядів 459Рік тому
Optimizing Returns with Wes Gray | Ep 67
Is the Big Bear Hibernation Over? | Episode 66
Переглядів 26Рік тому
Is the Big Bear Hibernation Over? | Episode 66
Know This Before You Rollover Your Old 401(k)
Переглядів 54Рік тому
Know This Before You Rollover Your Old 401(k)
Creating the Optimal Diversified Portfolio | Eric Crittenden | Episode 64
Переглядів 2,1 тис.Рік тому
Creating the Optimal Diversified Portfolio | Eric Crittenden | Episode 64
Excellent discussion, thank you!
Excellent episode, thank you for the post with Dr. Pfau!
LIFE NEVER EVER WSTOP
Agree. Drawdowns (especially extended drawdowns) contributes most to overall returns. Sacrificing upside potential to overperform on the downside nets greater overall performance than many max alpha portfolios.
Your assistant is your CPA? Sorry, she’s a licensed professional. A CFA is just an industry designation. You should be working for her.😂 She must be young.
I am sure after he reads this, he will switch roles.
It’s backwards, but I get your humor.
Great Interview! Dr. Tharp RIP. Van Tharp Institute was located less than 10 miles from my home.
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...
Having a counselor is essential for portfolio diversification. My advisor is Jenny Pamogas Canaya* who is easily searchable and has extensive knowledge of the financial markets
Nothing like covering Ben Graham in an awesome Hawaiian shirt! Love it! Great insight. Keep it up brother!
Appreciate it!
Excellent interview!! I also read his book many many years ago! 🙏🏼
Best interview I've seen with Bensdrop. Llanes does a great job of digging into Bendrop's history and strategy. The episode presents a good background for both of Bendrop's trading books.
Thank you. Louis indeed is a great interviewer, and he knows his stuff!
thanks Louis. it will be better for the view if there is less screen transition.
55:35 Non-financial aspects...I agree 100%. I see so many of my male friends (assume true for their wives too but I don't know) look super unhappy in their marriage and retirement makes it even worse. They don't seem to even consider ending the marriage. Maybe they think they can't date again. Maybe they know splitting assets will wreck their retirement. It seems very sad to me. I divorced at 59 after 18 years of an unremarkable marriage. I didn't realize how unhappy I really was until after the divorce. The freedom was wonderful and suddenly I was back to being able to do so many more things. Marriage = compromise which many people say like it's a good thing. IMO couples should seriously consider divorce before retirement as part of retirement planning. There are options. For example maybe you want to stay together but want more freedom and Living Apart Together would work. Better to face reality sooner than later imo.
What an Absolutely sad and secular post.....
47:20 Long term care is not something I've ever heard retired family friends ever talk about. I planned for retirement and now at 66 am planning for long term care while still very healthy. The concept of living in a semi-private room or any care home is not appealing to me. The cost is unlikely something I could fund for very long. My plan is to offshore my long term care. First I found out about very nice developments in countries like Costa Rica just for foreigners to retire to and will provide long term care when needed. Stay in your home and cost drops from $100k/yr to maybe $20k/yr. Then I found out about SE Asia. I'm a single US man and was surprised young attractive women in SE Asia were attracted to some foreign men. Yes, of course they're attracted to the security a foreigner can provide, but that's no different from any other place in the world. By instinct women are attracted to providers and men to young women. No logic to it, just the way humans evolved. But many of these women like taking care of a house and husband. Huge age gaps are no issue in SE Asia. Many cases of these women sticking with their foreigner through any medical issue. Impressive. Plus a live-in housekeepers can be $100-200/mo plus food. A live-in fully trained Registered nurse $500-600/mo. A trained live-in caregiver able to lift me is about $1000/mo. Those are all no problem for my budget. So in theory I could have a loving wife plus hired caregivers and stay in my house all for far less cost than staying in the US.
I'm 66 and about 30 years ago I started an IRA...for about 2 months. Withdrew the money and paid the penalty. I opened it because so many people said that was smart. But I didn't really understand it all due to my lack of interest in such things. I also didn't understand what the future would be like. My thinking was to use that money, and time understanding and managing an IRA was better spent creating more current income. That worked out for me and retired at 45 but not with a pile of money. Mostly retirement was funded by a big lifestyle change, reduced expenses to $600/mo the past 10 years or so. I wish there was a better term than "retirement" or even "early retirement" for the period of "early" until "traditional". At sometime in the next 4 years I'll take SS, get a reverse mortgage line of credit and rent part of my house as I spend more time traveling all of which will be traditional retirement.
Thank you for this great interview!
Great interview with Martin Pring, Louis! I have the first edition of Technical Analysis Explained, with a badly ripped dust cover, here in my office. I will never forget subscribing to the "Pring Market Review" back in the 1980s. Great memories!
EXCELLENT content. Thank you both.
Excellent discussion. My curiosity is peaked to know what exciting project Brian is working on!
Yes! We'll be watching to see as well! Cheers!
That was a great conversation! Even though I understood about 85%, I loved it when you two geeked on the details.
Glad you enjoyed it! Hope you'll listen to more!
Great pod.....also highly recommend Louis Llanes' book.....Financial Fredom Blue Print....Henri N.
Super Job Louise
Another interview gem.
Excellent interview with a legend. I learned a lot watching her and Carter Worth on CNBC in the 2007 decline. That's when I started my journey in Technical Analysis and Forex. Her perspective remains as clear as a bell to discern.
Very informative..listening to one of founders of CMT..
The market is closing at an important level. When 90% of S&P 500 stocks are trading above their 50-day moving averages, that has historically signaled the beginning of a new bull market (i.e. 2009, 2011, 2018-19, 2020).
If this were a Bear Market Rally then the S&P 500 gain of +17.19% off the decline of -23.55% would be the GREATEST bear market rally ever after an interim bear market decline of -27.77% or less.
the highest number in almost four decades..
That's more than the historical S&P500 return.
Prⓞм𝕠𝕤𝐌 😊
ua-cam.com/video/jvYoFuqAcPA/v-deo.html !
Heteroskedasticity is NOT geeky. Not knowing this concept induces people to make comparisons between magnitudes that have no business being compared to each other.
Powerful discussion! - My take away Stand on your ground... Drinking choco while watching,awesome!
Awesome book review😍 Learned a lot ❤❤❤
Thank you for sharing .
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Great work you guys. Always nice to hear quality discussions like these. All the support from Saudi.
A great video as always and you come across fantastic .And you explain yourself so well, income investing is definitely something im looking at 😎💪
Great insight
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Louis, thanks for posting the series. I'm currently studying for CFA L2 and this series is helpful!