Five Good Questions Podcast

Bogumil K. Baranowski is a New York City-based value investor, author, and investment professional with over a decade of experience. He works at Tocqueville Asset Management, where he is the founder and portfolio manager of a private investment fund. He was born in Poland, educated in Paris and Brussels. He enjoys making a difference in people's lives through writing and teaching. He is the author of Outsmarting the Crowd: A Value Investor's Guide to Starting, Building, and Keeping a Family Fortune.   I loved that you stressed the importance of saving.  I repeatedly tell clients that saving is the most important part, and if they do that correctly, they don’t really need me on the investment front.  When you think about the path to wealth, it goes Earn, Save, Invest.  Most of us can’t control how much we earn day to day, or our investment returns.  Yet we all can control how much we save.  Why does the world seem preoccupied with earning and investing and ignores saving? You’re a fan of averaging down slow