Curated Financial Insights
Consult our library of thoughtful financial insights, tailored to help seasoned business leaders, high-achieving professionals, and those entrusted with substantial family wealth confidently navigate complex financial landscapes and build lasting legacies.
Wealth, Empowered.
Your first step towards regaining understanding, control, and agency over your own wealth.
Treussard Talks with Katie O’Dwyer
Jonathan Treussard interviews Katie O'Dwyer, a seasoned risk management professional whose career spans from quantitative trading to operational leadership at major financial institutions.
The conversation begins with O'Dwyer sharing a touching memory from the 2008 financial crisis - bringing her six-year-old daughter to the office on the Sunday of Lehman's bankruptcy announcement. While the markets were facing unprecedented uncertainty, her daughter's joy at visiting the office provided a heartwarming reminder of life's simpler pleasures.
O'Dwyer emphasizes that despite the industry's technological advances, maintaining strong relationships with counterparties remains crucial. These connections become particularly valuable during crisis periods when you need someone to "pick up the phone and help.”
“Good Grief” & “A Little Perspective Goes a Long Way.”
In April, Jonathan Treussard, Ph.D. wrote about the market turmoil caused by the tariffs and trade war, and how to (not) respond to it to avoid excessive regret.
“Don't be surprised if the stock market is up or down 10–15% over the next month or so. I mean this NOT to be a sensationalist. I mean this to give you context...”
The second piece explored whether “American Exceptionalism” had broken.
“Strange things happen during times of war, including economic war. But for now, let’s take comfort in the fact that we remain well within the range of recent history.”
Read “Good Grief” and “A Little Perspective Goes a Long Way.” now.
Treussard Talks with Alec Crawford
Jonathan Treussard interviews Alec Crawford, a seasoned finance professional turned tech entrepreneur.
Crawford shares valuable insights from his extensive Wall Street career, discussing the importance of understanding market mechanics, risk management, and the critical role of proper financial infrastructure.
He emphasizes how seemingly routine processes can break down during crisis periods, highlighting the importance of having robust systems and agreements in place.
“A Young Person's Guide to Making Life Decisions” & “Hey Boss, Have We Tried Boiling the Frog Instead?”
In March, Jonathan Treussard wrote about good decision-making both in life and in financial markets.
“A good friend asked me to talk to a group of local young women who are finishing high school soon. Context is key → Every money decision happens within a bigger reality that we call LIFE.”
The second piece provides an economically-grounded theory of tariffs, so you can have an educated opinion about whether the 2025 move to tariffs makes sense or not.
Read “A Young Person's Guide to Making Life Decisions” and “Hey Boss, Have We Tried Boiling the Frog Instead?” now.
Jonathan Treussard on Money Life with Chuck Jaffe
Jonathan Treussard was interviewed by Chuck Jaffe on his show, Money Life with Chuck Jaffe.
They talked about:
→ The power of silence (aka emotional resilience) while markets scream and yell.
→ What uncertainty does to your psychology.
→ What actions you can take to prepare and react to higher volatility.
Episode contains valuable and actionable insights for high-net-worth households with sophisticated investment needs.
Jonathan Treussard on Capital Considered, with John Coumarianos
Jonathan Treussard of Treussard Capital Management is interviewed by John Coumarianos on his new show Capital Considered.
Jonathan and John talk about markets, valuations, bubbles, wealth management after a life in family offices, and incentives in the business of asset management.
Episode contains valuable and actionable insights for high-net-worth households with sophisticated investment needs.
“It’s All (No) Fun and Games” & “Torpedoes Be Damned.”
Investing requires balancing caution with decisiveness. Our approach is informed by enduring principles that help transform uncertainty into informed opportunity.
While higher uncertainty can lead you to settle for less, structured risk management can empower you to make strategic decisions even when markets are unpredictable.
Read “It’s All (No) Fun and Games” and “Torpedoes Be Damned” now.
What Are We Going to Tell the Kids?
On average, kids are ready to talk about money about 10 years before the parents are.
That's 10 years of missed opportunities. Ten years of messing up when it's safe. Ten years of leaning hard into family values and meaning.
Ten years of talking about what's important to you, and how money is just part of the equation—often a small part of it.
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Selected Publications
2020
Forecasts or Nowcasts? What’s on the Horizon for the 2020s
Research Affiliates, with Rob Arnott
2020
Oh My! What’s This Stuff Really Worth
Research Affiliates, with Chris Brightman and Amie Ko
2019
Game Changed, Problems Remain
Investments & Wealth Monitor, with Rob Arnott and Brent Leadbetter
2018
Hobbled by Benchmarks
Journal of Portfolio Management, with Rob Arnott, Mike Aked, and Omid Shakernia
2008
Contingent Claims Analysis and Life Cycle Finance
American Economic Review, with Zvi Bodie and Doriana Ruffino
2007
Making Investment Choices as Simple as Possible, but Not Simpler
Financial Analysts Journal, with Zvi Bodie
2007
The Theory of Life-Cycle Saving and Investing
Boston Fed Paper, with Zvi Bodie and Paul Willen
2005
The Non-Monotonicity of Value-at-Risk and the Validity of Risk Measures Over Different Horizons
Boston University Working Paper
2004
Predicting Bubbles and Bubbles-Substitutes
UCLA Economics Working Papers, with Earl A. Thompson and Charles R. Hickson
Podcasts Interviews & Guest Appearances
Achieving Alpha Podcast | Steven Budgen
SEPTEMBER 5, 2024
Forward Guidance | Jack Farley
APRIL 8, 2024
Thoughtful Money | Adam Taggart
MARCH 28, 2024
Value After Hours | Tobias Carlisle
MARCH 5, 2024
The Meb Faber Show | Meb Faber
NOVEMBER 29, 2023
Economic Matters | Laurence Kotlikoff
FEBRUARY 7, 2024
The Return of Carry | Entering The Fall 2024
OCTOBER 2, 2024
The Julia La Roche Show | Julia La Roche
JUNE 13, 2024
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After our conversation, you might find us to be your first choice. If that’s the case, we can proceed to planning and executing a plan that makes you feel like you’ve regained understanding, agency, and control over your own wealth.
The content provided on this webpage, including links to YouTube videos featuring interviews where Jonathan Treussard is a guest, is for educational purposes only and does not constitute financial advice. Treussard Capital Management LLC does not take responsibility for the comments or opinions expressed by others on these programs, including the hosts. We do not control and do not take responsibility for the graphics that shows and their hosts use. The information presented in these recordings is believed to be accurate at the time of recording; however, market conditions are subject to change. Viewers should conduct their own research and consult with a qualified financial advisor before making any investment decisions.