{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"7-14-26 Winning Less, Investing Better","description":"What if the biggest advantage in today's markets isn't making more trades or winning every debate\u2014but knowing when to step back? Lance Roberts &amp;amp; Jon Penn examine two powerful ideas: why constantly trying to be &quot;right&quot; can actually hurt investment returns, and how today's financial markets increasingly resemble gambling platforms fueled by constant speculation, options trading, prediction markets, sports betting, and cryptocurrencies. 0:00 INTRO 0:54 - Mixed Market &amp;amp; Heightened VIX on Semi-conductors 4:41 - Markets Trying to Breakout of Wedge 9:18 - Candid Coffee Tease 10:01 - The Challenge of Investing in Current Market 12:18 - The Velocity of Information Makes us Worse Investors 18:15 - Being an Unemotional Investor - Be Like Spock 24:08 - Don't Benchmark Portfolio to High Water Mark 24:35 - We've Been Bred to Compete 26:07 - Gamification of Markets - 7 Rules of Poker 29:19 - When Enough is Enough 34:57 - Spotting Bubbles 36:12 - Using AI for Financial Advice 40:54 - AI is Not a Fiduciary 42:55 - Burt's Question on Solo 401k's &amp;amp; Roths Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https:\/\/bit.ly\/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https:\/\/youtube.com\/live\/K-mLdepNr6Y?feature=share ------- Watch today's &quot;Before the Bell&quot; premarket commentary, &quot;Oil, Chips, and a Market at Support,&quot; https:\/\/youtu.be\/rk3wl-CHUKs ------- Watch our previous show, &quot;Why Spotting Bubbles Is So Hard&quot;&amp;nbsp; https:\/\/youtube.com\/live\/7bEwrd8UCHM ------- Articles mentioned in this report: &quot;Poker (Gambling) Can Teach You To Be A Better Investor&quot; https:\/\/realinvestmentadvice.com\/resources\/blog\/poker-gambling-can-teach-you-to-be-a-better-investor\/  'Spock And The Logic Based Approach To Volatility&quot; https:\/\/realinvestmentadvice.com\/resources\/blog\/spock-and-the-logic-based-approach-to-volatility\/  &quot;Spotting Market Bubbles: Why History Says It\u2019s Nearly Impossible&quot; https:\/\/realinvestmentadvice.com\/resources\/blog\/spotting-market-bubbles-why-history-says-its-nearly-impossible\/  --- Get more info &amp;amp; commentary: https:\/\/realinvestmentadvice.com\/insights\/real-investment-daily\/  ------- * REGISTER for our next Candid Coffee, &quot;Narrative Busters: Market Stories Investors Should Approach With Caution,&quot; Saturday, July 18, 2026: https:\/\/streamyard.com\/watch\/RfJtCj2byfDr --- Visit our Site: https:\/\/www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https:\/\/www.simplevisor.com\/register-new --- Connect with us on social: https:\/\/twitter.com\/RealInvAdvice https:\/\/twitter.com\/LanceRoberts https:\/\/www.facebook.com\/RealInvestmentAdvice\/ https:\/\/www.linkedin.com\/in\/realinvestmentadvice\/ #StockMarket #Semiconductors #OilPrices #TechnicalAnalysis #Investing #BehavioralFinance #LongTermInvesting #RiskManagement #WealthBuilding ","author_name":"The Real Investment Show Podcast","author_url":"http:\/\/soundcloud.com\/the-lance-roberts-show","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/42071005\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/87A93A\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/42071005"}