The Wisdom Behind Better Investing (With Jenny Harrington & Rebecca Patterson)

This episode of On Investing covers a busy market week, including election results, the AI trade, market breadth, inflation risks, and the outlook for interest rates and bonds. Liz Ann Sonders and Collin Martin also speak with Jenny Harrington and Rebecca Patterson about their book Investment Wisdom for Our Friends and Loved Ones, a collection of essays by 25 women in finance aimed at making investing more approachable. The conversation covers financial education, financial and emotional risk tolerance, investor behavior, and building a plan that fits an individual rather than copying someone else's strategy.

1. The episode discusses election results, the continued evolution of the AI trade, improving market breadth, inflation risks, and the outlook for rates and bonds.
2. Liz Ann Sonders highlights a rotation beyond technology, including strength in healthcare and profitable small-cap stocks.
3. Collin Martin examines growing risks in AI-related corporate bonds and explains why elevated yields continue to make short- and intermediate-term bonds attractive.
4. Harrington and Patterson discuss their book, financial education as an equalizer, financial and emotional risk tolerance, and investor behavior.