{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Nostalgia Is Not a Strategy: Adapting the Investing Playbook to a Changing World Order | EP208","description":"In a world where geopolitical tension, economic inequality, and technological change are all accelerating, what does it mean to be a long\u2011term, bottom\u2011up investor? In this episode, portfolio manager Paul Moroz explores how today\u2019s regime differs from the post\u2011crisis \u201cPax Americana\u201d era. Drawing on history\u2014from Shakespeare to ancient debt jubilees\u2014he connects recurring human patterns of fear, greed, and class conflicts to today\u2019s tensions. The discussion then turns to specifics around how investors must adapt in a more volatile world, and how AI is emerging both as a powerful market force and as a tool that is reshaping the day\u2011to\u2011day work of investors. Highlights include: How recurring historical patterns\u2014from Shakespeare\u2019s Coriolanus to ancient debt jubilees\u2014shed light on today\u2019s tensions around inequality and financial repression How portfolio construction may need to adapt: broader diversification, smaller positions, heavy emphasis on risk management Why bottom\u2011up analysis still matters as much as ever, even when top\u2011down forces feel louder How AI\u2019s ability to let fewer people do more work could widen existing wealth divides, reshape career paths in knowledge\u2011based fields, and force organizations to rethink how they hire, train, and promote talent Why the edge in investing is shifting from gathering information to asking better questions and exercising sound human judgment   Host:  Rob Campbell, CFA Institutional Portfolio Manager  Guest: Paul Moroz,  CFA Portfolio Manager   This episode is available for download anywhere you get your podcasts. Founded in 1974, Mawer Investment Management Ltd. (pronounced "more") is a privately owned independent investment firm managing assets for institutional and individual investors. Mawer employs over 250 people in Canada, U.S., and Singapore. Visit Mawer at https:\/\/www.mawer.com. Follow us on social: LinkedIn - https:\/\/www.linkedin.com\/company\/mawer-investment-management\/ Instagram - https:\/\/www.instagram.com\/mawerinvestmentmanagement\/ ","author_name":"Art of Boring","author_url":"http:\/\/www.mawer.com\/podcast","html":"