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Bogleheads® 2022 Conference – Opening Remarks by Rick Ferri


Whisper Transcript | Transcript Only Page

00:00:00.000 | (audience applauding)
00:00:03.160 | - Ladies and gentlemen, let me introduce the only Boglehead
00:00:10.960 | who has been to every conference
00:00:14.560 | since the first conference, Tim Dempsey.
00:00:18.160 | He is the champion.
00:00:19.800 | (audience applauding)
00:00:22.280 | Welcome to Boglehead's number whatever this is.
00:00:25.000 | Good to see you, Tim.
00:00:26.880 | And where's that shirt?
00:00:27.960 | You usually wear a different shirt.
00:00:30.200 | (laughing)
00:00:31.520 | All right, well, welcome everyone.
00:00:33.960 | Thank you all for coming to our 2022 Boglehead's conference.
00:00:38.960 | The room is much bigger and a lot more people
00:00:42.120 | than our last conferences.
00:00:44.180 | On behalf of the John C. Bogle Center
00:00:48.960 | for Financial Literacy,
00:00:50.400 | including our conference coordinator, Christine Benz.
00:00:56.000 | (audience applauding)
00:00:58.600 | Welcome to Chicago.
00:01:00.600 | I hope you, if you were here yesterday,
00:01:04.160 | I hope you enjoyed the Boglehead's University
00:01:07.200 | and the reception in the evening
00:01:10.880 | and had a pleasant dinner last night.
00:01:13.800 | There are about 400 people,
00:01:15.360 | which was our goal for this conference.
00:01:17.720 | So 400 people in attendance today,
00:01:20.880 | a much larger crowd than in the past.
00:01:23.400 | But one thing I forgot to ask yesterday was,
00:01:26.320 | for how many of you is this your first conference?
00:01:30.960 | Oh, quite a few.
00:01:32.280 | That's fantastic.
00:01:34.000 | Well, welcome.
00:01:35.040 | Wonderful.
00:01:36.840 | Welcome to all of you.
00:01:39.040 | And each year, we're going to have a conference,
00:01:44.040 | but in a different location, okay?
00:01:47.360 | This year it's Chicago.
00:01:49.760 | And it depends on the local chapters.
00:01:53.240 | There's a lot of local chapters out there.
00:01:55.600 | And what we're asking the local chapters to do
00:01:58.480 | is to host an event.
00:02:01.480 | So it will move around the country, okay?
00:02:04.600 | And next year, our conference will be,
00:02:08.240 | you'll find out tomorrow at noontime.
00:02:10.800 | (audience laughing)
00:02:12.160 | But it's already been decided.
00:02:13.920 | I think you'll be happy with the location.
00:02:16.640 | So today, everything goes into high gear.
00:02:21.040 | We are in sessions from nine until nine tonight,
00:02:26.040 | if you're going to the banquet.
00:02:27.240 | I mean, it's a busy, busy day.
00:02:29.320 | You're gonna hear a lot of people talk.
00:02:31.720 | So we're gonna start in a couple of minutes
00:02:33.760 | with a fireside chat between Bill Bernstein,
00:02:38.480 | Dr. Bill Bernstein, and Jason Zweig,
00:02:40.360 | which will take place right here.
00:02:42.440 | And that will be followed by our investment panel,
00:02:47.440 | moderated by Karen D'Amato.
00:02:50.440 | And it'll be Bill Bernstein, Jim Dolly,
00:02:53.560 | and myself on the investment panel.
00:02:57.280 | After that panel is over with,
00:03:00.080 | we're going to break up into the accumulators
00:03:03.520 | and the retirees and pre-retirees.
00:03:05.480 | The pre-retirees and retirees will stay in this room,
00:03:09.000 | and the accumulators will go out those doors,
00:03:11.840 | around to a different room, okay?
00:03:14.960 | And then we'll have our first session here and over there.
00:03:20.800 | At the end of the first session of the breakout is lunch.
00:03:25.800 | So that means the accumulators come back here to eat lunch.
00:03:31.040 | And then after lunch, the accumulators go back
00:03:34.480 | to the other room for, well, they're young.
00:03:37.360 | They can move faster.
00:03:38.400 | Come on. (audience laughing)
00:03:41.160 | All right, well, as we move along.
00:03:44.360 | Okay, and then after the second session,
00:03:48.800 | they come back here for my discussion with Dr. Mel Keel.
00:03:53.120 | Following that, there is a snack break and book signing.
00:03:57.640 | If you happen to bring books,
00:03:58.760 | the authors will be hanging around
00:04:00.680 | and signing books if you happen to have them.
00:04:04.640 | Then we'll have the event with Morningstar.
00:04:08.560 | Morningstar's Ben Johnson and Alex Lucas following that.
00:04:12.440 | Then there'll be a break.
00:04:14.240 | If you're going to go to the Bogleheads Banquet tonight,
00:04:19.240 | then that starts at 6.30, down in the tent.
00:04:24.040 | Now, we've had some people donate
00:04:26.800 | a couple of banquet tickets.
00:04:30.720 | So if you are interested in that,
00:04:35.400 | if you don't have the financial means to go to that,
00:04:40.080 | but you wanted to go to it, we have tickets available.
00:04:42.320 | Just approach us and we'll give you a ticket.
00:04:44.120 | So thank you for those people who donated tickets to those
00:04:48.040 | so that everyone can go to the banquet if they wish.
00:04:50.680 | The banquet will start at 6.30,
00:04:55.120 | and we'll have Mel Lindauer and Taylor Larimore
00:04:58.080 | on our video, and then Eric Balchunas,
00:05:01.920 | sitting in front of me,
00:05:03.200 | will give his presentation on the Bogle Effect.
00:05:05.800 | The evening will end somewhere around 9.15 or 9.30.
00:05:09.480 | Tomorrow morning, back here,
00:05:12.560 | breakfast begins at seven tomorrow morning,
00:05:16.120 | and our first speaker, Nick, goes on at eight.
00:05:21.120 | So it's even earlier tomorrow.
00:05:22.720 | We'll be done tomorrow at roughly,
00:05:26.160 | well, not roughly,
00:05:27.280 | we will be done at exactly 12.15 tomorrow afternoon.
00:05:30.120 | Okay.
00:05:33.940 | [BLANK_AUDIO]