Paul starts this letter beginning with a letter from a listener. The letter ends with the reason why our work has had more impact than John Bogle and Benjamin Felix (Both Truth Tellers).

 The rest of the podcast is focused on a recent article- ⁠The Evolution of Financial Advice, by Ben Carlson.  The focus is on the math, history and psychology of investing.

Paul concludes that most steps to successful investoring are well documented.  But two areas are still open for fine tuning:  Portfolio construction and fund selection. To help in that Paul recommends three Boot Camp Presentations:  Fine Tuning Your Asset Allocation, Fixed Contributions and Fixed Distributions.