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The Rational Reminder Podcast · 2026-02-19 · 66 min · 12,352 words

Episode 397: Hendrik Bessembinder - Constant Leverage & Measuring Investor Outcomes

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This is the Rational Reminder Podcast, a weekly reality check on sensible investing and financial decision making from two Canadians. We are hosted by me, Benjamin Felix, Chief Investment Officer, and Cameron Passmore, Chief Executive Officer at PWL Capital. Welcome to episode 397. Nice to be back with you, Ben. Been a while since I've been on the pod.

Been a while, yeah. Good to have you back. I think it's actually my first time. this year to be on and pretty exciting to be talking with today's return guest, Hank Bessenbinder, which is a name most listeners certainly are aware of. As I said, a returning guest, phenomenal guest, so well spoken, so thoughtful.

And I don't want to kind of spill the candy here in the lobby, but because you're gonna do a great intro, but wow, so many interesting things, and it kind of links back to your recent podcast on YouTube on ETF slop and kind of the things that are happening in the marketplace. So with that, Ben, you have to cue this one up. Yeah, so we had Hank on back in episode 346 last time. And that was actually with Mark and I.

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