Episode 382: Ted Cadsby - The Power of Index Funds, and Being Human

This is the Rational Reminder Podcast, a weekly reality check on sensible investing and financial decision making from Three Canadians. We are hosted by me, Benjamin Felix, CIO, Cameron Passmore, CEO, and Dan Bordellotti, portfolio manager at PWL Capital. Welcome to episode 382. Good to be with you guys again. I'm gonna kick it out with a little story going back to the olden days, which some people seemed to find entertaining at some level, but we had David Chilton on.

the pod recently and I talked about the impact that the wealthy barber had on me in my early career. And then Ben, you and I were chatting. It's gotta be, I don't know, a couple of months ago. And I'm like, remember that other book that was coming to mind, The Power of Index Funds, that was written by Ted Cadby. And we just were riffing about that.

And you said to me, why don't you see if you can find Ted and have him come on? So ended up, I found Ted quite easily, reached out, and he responded almost immediately saying, you know, he had followed the podcast would loved to come on. So we connected and had a a prep call with Ted. And it's just amazing to go back to that time of the late 90s when that book came out and he was an executive at CIBC, Large Canadian Bank. And we were just

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