Episode 3: Lee Munson: "Rigged Money"
The third episode of Read the Bull is a no-holds-barred conversation with Lee Munson, author of "Rigged Money: Beating Wall Street at Its Own Game."
The third episode of Read the Bull is a no-holds-barred conversation with Lee Munson, author of "Rigged Money: Beating Wall Street at Its Own Game." The book came out in 2011, but Stefan and Lee talk about how it's as relevant today as when it was published. Lee talks about the evolution as well as the gimmick-ifcation of vehicles like ETFs, and how many strategies that Wall Street sells distract investors from their goals. Lee explains how Wall Street is really like one big craps table and why that's not necessarily a bad thing. Today Lee is one of the top independent RIAs in the country and is a regular guest on CNBC and Fox Business among others. In this candid interview, Lee addresses the infamous 2001 New York Observer article that painted him as a swaggering stock broker of a bygone era. The Observer article and a Business Insider piece that was published 10 years later led him to reflect and realize he had a good deal of perspective to offer readers. This is Lee Munson uncensored and listeners will hear his no-nonsense approach on to how to avoid the pitfalls of Wall Street.