Victor Haghani: From The Missing Billionaires to Smarter Risk and Better Decisions

Victor Haghani — co-founder of Long-Term Capital Management and founder of Elm Wealth — joins host Mike Wallberg, CFA, to discuss the ideas behind his book The Missing Billionaires: A Guide to Better Financial Decisions. Using the "missing billionaires" puzzle as a starting point, Haghani explores why so many investors struggle with risk sizing, how our instincts often sabotage long-term results, and why dynamic asset allocation makes more sense than sticking to static rules. Listen now to learn how understanding "how much" to invest can be the key to lasting financial success.

You can listen to Victor Haghani: From The Missing Billionaires to Smarter Risk and Better Decisions online on Radio and Podcast. Open the player on this page to stream the available audio.

Victor Haghani: From The Missing Billionaires to Smarter Risk and Better Decisions is an episode from Guiding Assets by CFA Institute.

This episode is 35:29 long.

This episode was published on Nov 15, 2025.

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