Investing is a Game of Relative, Not Absolute Skill (EP.02)

<p><span style= "color: #000000; font-family: Arial; font-size: 14.666666984558105px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: pre-wrap; widows: auto; word-spacing: 0px; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; display: inline !important; float: none;"> We discuss the difference between portfolio managers and portfolio management, Michael’s favorite investment book ever written, how to think about financial television, the amazing run in tech stocks, the future of the asset management business, the psychology behind dividend payments and much more.</span></p> <p style= "margin: 0.0px 0.0px 0.0px 0.0px; line-height: 18.0px; font: 16.0px Times; color: #000000; -webkit-text-stroke: #000000;"> <span style="font-kerning: none;">Find complete shownotes on our blogs...</span></p> <p style= "margin: 0.0px 0.0px 0.0px 0.0px; line-height: 18.0px; font: 16.0px Times; color: #0000ee; -webkit-text-stroke: #0000ee;"> <span style="font-kerning: none; color: #000000;">Ben Carlson’s <a href="http://awealthofcommonsense.com/podcast/"><span style= "font-kerning: none; color: #0000ee;"><u>A Wealth of Common Sense</u></span></a></span></p> <p style= "margin: 0.0px 0.0px 0.0px 0.0px; line-height: 18.0px; font: 16.0px Times; color: #0000ee; -webkit-text-stroke: #0000ee;"> <span style="font-kerning: none; color: #000000;">Michael Batnick’s <a href="http://theirrelevantinvestor.com/podcast/"><span style= "font-kerning: none; color: #0000ee;"><u>The Irrelevant Investor</u></span></a></span></p> <p style= "margin: 0.0px 0.0px 0.0px 0.0px; line-height: 18.0px; font: 16.0px Times; color: #0000ee; -webkit-text-stroke: #0000ee;"> <span style="font-kerning: none; color: #000000;">Like us on <a href="https://www.facebook.com/Animal-Spirits-1950067038578349/" target="_blank" rel="noopener">Facebook</a></span></p> <p style= "margin: 0.0px 0.0px 0.0px 0.0px; line-height: 18.0px; font: 16.0p