What You’ll Learn:

What hindsight bias is and how it impacts decision-making

Why every crisis feels worse in real time

The difference between prediction and preparedness

How market volatility actually behaves over time

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure

Key Timestamps:

00:00 - Disclaimer and introduction

00:24 – What is hindsight bias (“I knew it all along” syndrome)

01:40 – The “rearview mirror” effect explained

02:30 – Why prediction is a myth in investing

03:00 – Emotional preparedness: what investors must expect

03:30 – Market realities: average declines and bear markets

04:15 – The importance of not interrupting compounding

04:45 – Financial preparedness: structuring your portfolio

05:15 – Why 2–3 years of cash reserves matter

06:45 – The real goal: resilience, not being right

07:15 – The “fix” for hindsight bias

07:45 – Final thoughts on uncertainty and long-term success

Key Takeaways:

Hindsight bias creates the illusion that past events were predictable when they were not

Every crisis feels uniquely severe in the moment because uncertainty is uncomfortable

Markets historically recover and reach new highs, despite temporary declines

About the Host:

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports organizations such as the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

What You’ll Learn:

✅Why market movements are never smooth or predictable

✅How media headlines amplify fear during downturns

✅The real meaning behind terms like “correction” and “bear market”

✅Why volatility is the cost of earning higher returns

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

Key Timestamps:

00:00 - Disclaimer and introduction

01:00 – Why markets are not linear

02:00 – The “cost of admission” to stock returns

03:00 – How headlines distort reality

03:30 – Compounding vs. simple returns explained

04:30 – What “correction territory” really means

05:30 – Why “pullbacks” are normal

05:45 – What history tells us about volatility

06:15 – The real risk: investor behavior

07:30 – Staying disciplined and focused on long-term goals

08:00 – Closing thoughts and shareable takeaway

Key Takeaways:

💎 Markets are inherently volatile and never move in a straight line

💎Media headlines are designed to capture attention—not provide context

💎Terms like “correction” and “bear market” are often misunderstood but have simple definitions

💎Volatility is not a flaw—it’s the price investors pay for higher long-term returns

About the Host:

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports organizations such as the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

What You’ll Learn:

Geopolitical events can cause short-term volatility but not long-term damage.

Oil price spikes often lead to media catastrophizing.

Historical data shows that markets can recover quickly after shocks.

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

Key Timestamps:

00:00 Introduction and podcast disclaimer

01:30 Geopolitical Crises and Investment Strategies

04:02 Understanding Oil Price Spikes and Market Reactions

07:12 Long-Term Investment Focus vs. Short-Term Volatility

09:40 What defines a successful investment

Key Takeaways:

Successful investing is based on goals and a solid plan and fear should not dictate investment decisions.

Long-term returns are not controlled by current events.

Companies respond rationally to crises, often strengthening their positions.

The media often misrepresents the impact of geopolitical events.

About the Host:

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports organizations such as the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

Jonathan and Josh also explore the psychology of decision making under uncertainty, including how entrepreneurs must often unlearn control-driven behaviors when they shift from building wealth in business to investing wealth in the markets. The conversation highlights resilience during challenging moments like losing a major account right after buying a facility, navigating tariff disruptions, and keeping a steady mindset through volatility.

What You’ll Learn in this Episode:

How Liqui-Mark evolved into a second-generation, family-owned manufacturer serving major retail and distribution channels

Why entrepreneurs often struggle as investors, and how reframing risk can improve long-term decision making

How to balance emotion and rational leadership in high-stakes moments inside a family business

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

TIMESTAMPS:

00:00 Podcast disclaimer and introduction

01:00 Meet Josh Goodelman and Liqui-Mark’s family business legacy

02:00 The company origin story: a big order, a bold leap, and early growth

06:00 Importing to manufacturing: building operations and capability in the U.S.

09:00 How Liqui-Mark serves retailers, distributors, and promotional customers today

11:00 The entrepreneur-to-investor shift: what founders must unlearn

13:00 A pivotal moment: buying a facility and losing the biggest account

17:00 Real-world volatility: tariffs, COVID, and keeping costs covered

24:45 Working with family: roles, balance, and decision-making dynamics

31:30 Values, humility, and the mindset behind sustainable success

36:45 Not overplaying the win: defining “enough” in business growth

39:45 Advice for leaders: emotion belongs in decisions, but not in the driver’s seat

42:00 Wrap-up: building wealth vs investing it

43:08 Jon and Amy recap the episode

KEY TAKEAWAYS:

Liqui-Mark’s growth shows how calculated risk, resilience, and long-term thinking create staying power in manufacturing.

The skills that build wealth in business can backfire in investing, where patience and discipline matter more than control.

Strong leadership means acknowledging emotion while keeping decision-making grounded in rational inputs and values.

ABOUT THE GUEST:

Josh Goodelman is the President and CEO of Liqui-Mark Corp., a second-generation, family-owned and operated manufacturer of writing instruments and school and office supplies located on Long Island, New York. Liqui-Mark sells to major retailers, school and office products distributors, and operates a promotional products division offering a large variety of Made in the USA products.

Josh Goodelman - LinkedIn: linkedin.com/in/josh-goodelman-3a87bb4

Liqui-Mark Promo - Website: liquimarkpromo.com

ABOUT THE HOST:

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

What You’ll Learn:

The four primary reasons investors accumulate excess cash

How regret aversion bias and status quo bias drive cash hoarding behavior

Practical strategies to manage cash intentionally without derailing long-term investment goals

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

Key Timestamps:

(00:00) Introduction and podcast disclaimer

(01:15) Defining the cash accumulation trap

(01:45) The only legitimate reason to accumulate excess cash

(02:15) How a lack of planning leads to excess cash

(02:45) When abandoned plans push investors toward cash

(03:00) Regret aversion bias and status quo bias explained

(03:45) Setting boundaries for intentional cash accumulation

(04:30) Separating cash for expenses from investment cash

(05:00) Closing thoughts on avoiding the cash accumulation trap

Key Takeaways:

Excess cash should only be accumulated for a fixed and determinable purpose

Behavioral finance biases often drive investors to hold cash out of fear rather than strategy

Clear rules and separate accounts help prevent emotional decision-making

About the Host:

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports organizations such as the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

What You’ll Learn in this Episode:

The history and legacy of Lady Burd Cosmetics and how Samantha carries it forward

Why low minimum order quantities are a game changer for aspiring entrepreneurs

How small businesses can leverage AI for greater brand visibility and competitive advantage

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

TIMESTAMPS:

00:00 Introduction & podcast disclaimer

01:00 Welcome Samantha Burd of Lady Burd Cosmetics

01:45 Samantha’s family business background & Lady Burd story

04:00 Samantha’s perspective on legacy and responsibility

05:30 Grandma Roberta’s entrepreneurial breakthrough

09:00 Growing up in the business & early experience

14:30 Leveraging AI for business growth

19:00 Samantha’s education & corporate consulting background

25:45 The democratization of entrepreneurship with $150 low minimum orders

30:30 Men’s products & private label options

31:45 How to get in touch with Lady Burd Cosmetics

33:10 Jon and Amy recap the episode

KEY TAKEAWAYS:

Lady Burd Cosmetics is a family‑owned American beauty manufacturer with over 50 years of experience helping entrepreneurs launch products with low barrier to entry

Low minimum order quantities (as low as $150) unlock opportunities for bootstrapped founders to start private label brands.

Samantha emphasizes the importance of education, community, and adapting modern tools (like AI) in small business growth.

A three‑generation family legacy continues to create jobs and empower small business owners.

Practical exposure—from trade shows to consulting—shapes well‑rounded entrepreneurial leadership.

ABOUT THE GUEST:

Samantha Burd is the third‑generation owner of Lady Burd Cosmetics, a family‑owned American beauty manufacturer based in Farmingdale, NY that produces private label and custom cosmetics, skin care, and personal care products for brands of all sizes. Lady Burd offers low minimum order quantities (starting around $150 for stock items), custom formulations, labeling, and packaging options to help new entrepreneurs enter the beauty industry with minimal risk.

Samantha holds a bachelor’s in Marketing and Finance, a master’s in Data Analytics, and brings corporate experience from roles in supply chain and consulting at Deloitte, where she specialized in operations and analytics for luxury retail clients.

https://www.linkedin.com/in/samantha-burd-36a00580

https://www.ladyburd.com/

ABOUT THE HOST:

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

Listeners will learn how behavioral finance and investor behavior are influenced by biases like loss aversion and the search for comfort. Jonathan also discusses why owning real assets, staying disciplined, and embracing volatility are essential to protecting purchasing power, building wealth, and making better financial decisions. By the end of the episode, you’ll understand how to manage risk, avoid emotional investing traps, and protect your retirement and legacy.

What You’ll Learn:

Why investments like bonds, annuities, and structured products can quietly erode wealth

How behavioral biases and financial psychology affect decision-making and create short-term comfort traps

The importance of owning real assets and embracing volatility to beat inflation

Strategies to protect your portfolio, maintain a wealth mindset, and make evidence-based investment choices

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

Key Timestamps:

00:00 Introduction and podcast disclaimer

00:30 Financial Ozempic: Are “safe” investments actually harming your wealth?

02:15 Real risk versus perceived risk and why inflation is the silent enemy

04:00 Common financial ozempic products including bonds, annuities, structured notes, and covered calls

07:45 The behavioral fix: Embracing volatility and owning real assets

09:00 Closing: How to protect your purchasing power, retirement, and legacy

Key Takeaways:

Products marketed as low-risk and comforting can quietly reduce wealth through inflation

Behavioral finance and cognitive biases make investors prioritize short-term comfort over long-term growth

Owning real assets and staying disciplined protects purchasing power and builds wealth

Understanding real risk versus perceived risk helps improve investor behavior and decision-making

About the Host:

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports organizations such as the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

What You’ll Learn in this Episode:

How the Four Rs framework (Recognize, Reflect, Reframe, Respond) helps you make better financial decisions by slowing down automatic emotional responses and engaging your reflective mind to overcome cognitive biases.

Why past behavior is more predictive than past performance, and how understanding behavioral patterns gives you control over your financial future through actionable changes you can make today.

The difference between emotional intelligence and moral intelligence, and why developing both as differentiating competencies is essential for making values-based decisions that align with what truly matters.

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

TIMESTAMPS:

00:00 Introduction to behavioral finance pioneer Doug and emotional intelligence in investing

07:55 Understanding amygdala hijack and why brains can't distinguish bear markets from real danger

11:00 The Four Rs framework: Recognize, Reflect, Reframe, Respond for better decision making

20:12 Doug's journey into financial services without a college degree

30:08 Differentiating competencies: Why emotional and moral intelligence trump technical skills

40:33 How to achieve happiness and aligning behaviors with values to achieve financial success

47:05 Jon and Amy recap the episode

KEY TAKEAWAYS:

Investor behavior, not market conditions, determines financial success. The Four Rs framework helps you make rational decisions during market volatility.

Past behavior predicts outcomes more reliably than past performance. Unlike market timing, your behavior can be changed through practice and self-awareness.

True fiduciary responsibility requires emotional intelligence and moral intelligence. Helping clients align decisions with values creates lasting impact.

ABOUT THE GUEST:

Doug is an internationally acclaimed author, a Certified Financial Planner and Behavioral Financial Advisor and is CEO and co-founder of think2perform, a firm internationally recognized for developing values-based decision-making and high performance in individuals and organizations.

Doug Lennick - LinkedIn

think2perform - Website

Doug Lennick: books, biography, latest update

ABOUT THE HOST:

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. 

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

Listeners will discover how cognitive biases like loss aversion, FOMO, and envy influence investor behavior, leading to emotional mistakes that erode long-term wealth. Jonathan explains the difference between stock price and company value, why panic selling during market downturns is costly, and how to adopt a long-term mindset focused on owning great companies.

The episode also covers practical strategies for counteracting emotional investing, including portfolio rebalancing and disciplined decision-making. Investors will gain insights into financial psychology, risk perception, and how to make better financial decisions that align with their goals.

What You’ll Learn:

✅ Why investors buy high and sell low and how behavioral biases drive this pattern

✅ How loss aversion, FOMO, and envy impact financial decision-making

✅ Portfolio strategies like rebalancing and focusing on long-term company ownership

✅ How to separate price from value to make confident, evidence-based investment choices

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

Key Timestamps:

00:00 Introduction and podcast disclaimer

00:30 The buy high, sell low trap: why it happens and who it affects

03:00 Behavioral biases driving emotional investing: loss aversion, FOMO, and envy

06:00 Price vs. value: how thinking in terms of great companies prevents panic selling

09:00 Portfolio strategies to counter emotional decisions, including rebalancing

11:30 Closing thoughts and actionable takeaways

Key Takeaways:

💎 Emotional investing driven by behavioral biases can lead to buying high, selling low, and losing wealth

💎 Distinguishing stock price from company value helps investors avoid panic selling

💎 Portfolio rebalancing and long-term ownership strategies counteract emotional decision-making

💎 Behavioral finance awareness improves investor discipline, confidence, and long-term results

About the Host

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With expertise in behavioral finance, Jonathan teaches investors how to identify cognitive biases, reduce emotional investing mistakes, and make evidence-based decisions that support long-term wealth. He is a sought-after speaker in wealth management and previously held senior roles in tax and estate planning at Arthur Andersen. Jonathan holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, he is active in the local business community, supports organizations like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

 LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

What You’ll Learn:

How Vicki transitioned from teaching to media leadership

Strategies for growing a media company across multiple platforms and events

Turning personal and professional adversity into long-term legacy

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

Key Timestamps:

00:00 — Introduction and podcast disclaimer

01:00 — Vicki Schneps’ journey from teacher to media mogul

05:00 — Founding Life’s Work and early nonprofit efforts

11:30 — Growing Schneps Media across platforms

17:00 — Power Women and Kings events

22:00 — Digital integration and networking

27:00 — Turning adversity into legacy

33:00 — Identifying talent and scaling business

35:00 — Life’s Work expansion and call for board members

36:02 — Jon and Amy recap the episode

Key Takeaways:

Vision and persistence are essential for creating both business and community impact

Strategic partnerships and talent identification are key to scaling a media enterprise

Personal adversity can be leveraged to build long-term legacy and empower others

Guest Info:

Vicki Schneps is the founder and CEO of Schneps Media and the nonprofit Life’s Work, dedicated to supporting community journalism and empowering local leaders. She is also known for creating influential events such as Power Women and Kings that foster networking and professional development. 

Schneps Media – schnepsmedia.com

Life’s WORC – life’s WORC info via CaringKind (profile) CaringKind

Vicki Schneps on Muck Rack (articles) – Muck Rack profile

About the Host

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports organizations such as the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

What You’ll Learn:

How private investments are marketed and why they appear seductive to everyday investors

The hidden risks behind complex investment structures and lack of transparency

Six pillars of successful investing, including mindset and portfolio strategies

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

Key Timestamps:

00:00 Introduction and podcast disclaimer

02:30 Why private investments seem appealing: affinity bias and FOMO

05:45 The real agenda behind “democratization” of private deals

10:30 Six pillars of successful investing: faith, patience, discipline, allocation, diversification, rebalancing

15:30 Closing thoughts: stay curious and cautious with private investments

Key Takeaways:

Private investments can appear safe or exclusive, but often shift risk from firms to individual investors

Behavioral biases like FOMO and affinity bias can lead to poor decision-making in private markets

Faith, patience, and discipline in investing guide behavior, while allocation, diversification, and rebalancing manage portfolios effectively

About the Host

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports organizations such as the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

In this episode, Jonathan breaks down the difference between volatility and risk, explains how investors often misinterpret short-term market movements, and shares counterintuitive strategies for protecting and growing your purchasing power over time. You’ll learn how reframing risk, return, and volatility can help you become a more confident, long-term investor.

What You’ll Learn in This Episode:

Why volatility is not the same as risk and how misinterpreting it can hurt your portfolio

How short-term market movements often reflect noise, not long-term business fundamentals

The hidden danger of bonds and low-volatility strategies in preserving purchasing power

Behavioral biases like loss aversion and counterintuitive human reactions to stock prices

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.

Timestamps

00:00 Intro: Welcome to Fix It Friday

01:30 Defining volatility vs. long-term risk

03:00 Short-term price drops vs. underlying business value

07:00 Redefining risk: protecting purchasing power, not principal

11:00 Behavioral biases: loss aversion and counterintuitive investing reactions

14:45 Closing thoughts: why stocks can be safer than bonds

Key Takeaways

Volatility measures price fluctuations, not the long-term risk of investments.

Mistaking short-term market noise for risk leads to poor long-term decisions.

Bonds and “safe” low-volatility strategies can erode purchasing power over time.

Awareness of behavioral biases helps investors make rational decisions during market swings.

About the Host

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports organizations such as the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

Disclosure

Investment advisory services may not be suitable for every investor or portfolio. Neither Fusion’s investment advisor registration status nor prior experience or success should be construed as a guarantee of specific results. Fusion is neither a law firm nor an accounting firm, and none of its services should be interpreted as legal or accounting advice. No portion of this content should be viewed as a guarantee that any client or prospective client will experience a particular outcome or level of results. For additional information regarding Fusion’s investment advisory services and fees, refer to the current written disclosure brochure available upon request or online at www.fusionfamilywealth.com.

In this episode, Jonathan explores why tuning out the Federal Reserve’s every move might be the smartest decision for long-term investors. He breaks down how the constant focus on the Fed—interest rate predictions, market speculation, and news headlines—can derail sound investment strategy. Instead, he shares how disciplined investors can build wealth by staying focused on fundamentals rather than short-term noise. This week’s discussion also touches on ambiguity bias and its impact on financial decision-making, highlighting how cognitive biases can lead investors to favor certainty over potential higher returns.

What You’ll Learn in This Episode:

Why focusing too much on the Federal Reserve can lead to reactive decision-making

How market timing and media narratives distort investor confidence

The difference between real financial data and distracting “Fed chatter”

Actionable steps to stay focused on your investment strategy

Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast: https://www.youtube.com/@CrazyWealthyPodcast

Timestamps

00:00 Intro: Welcome to Fix It Friday

00:40 The obsession with Fed predictions

02:00 Why following the Fed can derail your investment plan

03:15 What investors should actually focus on

05:00 How disciplined investors stay ahead of the noise

07:30 Jonathan’s key advice for staying the course

08:30 Closing thoughts

Key Takeaways

The Fed’s decisions impact markets—but not your long-term financial plan.

Overreacting to headlines can cause unnecessary portfolio changes.

Consistency and patience are the investor’s greatest assets.

Focus on fundamentals, not forecasts, to build real wealth.

About the Host

Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success.  A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports organizations such as the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

LinkedIn – Jonathan Blau

Fusion Family Wealth Website

Crazy Wealthy Podcast

Disclosure

Investment advisory services may not be suitable for every investor or portfolio. Neither Fusion’s investment advisor registration status nor any amount of prior experience or success should be construed as a guarantee of specific results or satisfaction if Fusion is engaged or continues to be engaged to provide investment advisory services.

Fusion is neither a law firm nor an accounting firm, and none of its services should be interpreted as legal or accounting advice. No portion of this content should be viewed as a guarantee that any client or prospective client will experience a particular outcome or level of results through Fusion’s services.

For additional information regarding Fusion’s investment advisory services and fees, please refer to our current written disclosure brochure, available upon request or online at www.fusionfamilywealth.com.

Arnie shares the unlikely story of how a Paul McCartney concert sparked the idea, the challenges of creating a camp model that keeps kids close to critical medical care, and how the program has grown from one camp on Long Island to a global movement across the U.S. and Israel.

 IN THIS EPISODE:

00:00 Introduction

02:05 Arnie explains the unique model of Sunrise Day Camps for children with cancer

06:52 How a Paul McCartney concert inspired the creation of Sunrise Organization

12:44 Jonathan shares his personal experience volunteering at Sunrise camps

14:39 What motivates Arnie to keep expanding Sunrise

18:09 Fundraising growth from $750k to $14 million annually

21:55 Impact of visiting the camp on donors

24:21 Closing remarks and how to support Sunrise Association

25:04 Recap of the episode with Jon and Amy

KEY TAKEAWAYS:

• Sunrise Day Camps provide a unique day camp experience for children with cancer, allowing them to return home each night—crucial for those undergoing treatment.
• Childhood cancer affects families across all economic levels, with about 35% of families in Sunrise programs near the poverty line.
• The organization has grown from raising $750,000 in its first year to needing $14 million annually, expanding to 13 physical camps and one virtual camp across the US and Israel.
• Volunteers and donors play a crucial role in Sunrise's success, with personal connections driving significant fundraising efforts.

RESOURCE LINKS 

Fusion Family Wealth - Website

Johathan Blau - LinkedIn

Arnie Website

Arnie LinkedIn

GUEST BIOGRAPHY: 

Arnie Preminger has been involved in not-for-profit organizations for the past 41 years, having begun his career as a youth worker and camp counselor in the Bronx in 1976. For 29 of those years, Arnie served as President and Chief Executive Officer of the Friedberg JCC. During that time, he presided over the expansion of the agency from a $120,000 operating budget to its current incarnation as the only full-service JCC on the south shore of Long Island with annual operations totaling over twelve million dollars. 

Please click below for important disclosure information. https://www.fusionfamilywealth.com/disclosures

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based in Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

IN THIS EPISODE:

• [00:00] Introduction to ambiguity bias and its paradoxical effect on wealth management
• [00:51] Jonathan introduces ambiguity bias and its paradoxical effect on wealth management
• [02:56] Explanation of risk vs. ambiguity in investing, using S&P 500 data
• [03:57] Historical returns comparison between stocks and bonds over the past century
• [06:31] Real-life examples of ambiguity bias affecting investment decisions
• [08:32] Strategies to combat ambiguity bias and make better long-term financial choices

KEY TAKEAWAYS:

• Ambiguity bias drives investors towards choices with more certain cash flows, potentially increasing the risk of failing to meet long-term financial goals.
• Over extended time horizons, stocks have historically outperformed bonds, with higher probabilities of positive returns.
• Focusing on total returns (dividends plus growth) rather than just dividend yield can lead to better long-term investment outcomes.
• Combating ambiguity bias requires considering trade-offs between short-term certainty and long-term financial success.
• Investors should focus on risk and return probabilities rather than seeking to avoid ambiguity, emphasizing a long-term perspective in investing.

ABOUT THE HOST: Jonathan Blau is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

 IN THIS EPISODE:

(00:00) Introduction

(02:50) Jack's unexpected entry into the pinball world at age 15

(05:00) The shift from arcade to home pinball sales

(07:40) Origin of Jersey Jack Pinball name

(12:11) Jack's customer service philosophy built a loyal following

(17:00) The Toys the Wealthy Crave 

(20:21) Technological advancements transforming pinball into "playable artwork"

(23:05) Challenges with pinball awareness today

(25:00) How to contact Jack and Jersey Jack Pinball

(27:21) Recap of the episode with Jon and Amy

KEY TAKEAWAYS:

• Passion and adaptability are crucial for long-term success in niche luxury markets, especially when creating toys that the wealthy crave
• Identifying new markets (like home pinball sales) can lead to significant business opportunities
• Exceptional customer service can turn challenges into loyal customers and an extended "family"
• Embracing technological advancements can revitalize traditional products and industries
• Building a strong personal brand can become a valuable business asset

RESOURCE LINKS 

Fusion Family Wealth - Website

Johathan Blau - LinkedIn

Jersey Jack Pinball

GUEST BIOGRAPHY: 

Founded in 2011 by amusement industry veteran Jack Guarnieri, Jersey Jack Pinball was born out of an enduring love for pinball and a vision to elevate the game to exciting new heights. With over 36 years of creative and technical experience, Jack saw an opportunity to honor pinball’s rich history while reimagining it for a modern audience.

Hand-built in America, each JJP machine is a masterpiece of craftsmanship, creativity, and ingenuity. With a team of legendary designers, artists, and programmers—pioneers who helped shape the golden age of pinball—we create games that redefine the experience through stunning visuals, groundbreaking technology, and rich, immersive gameplay. By pushing the boundaries of what’s possible while staying true to the game’s roots, we’ve not only raised the stakes for quality and creativity, but have also reignited the excitement of an American icon for players of all skill levels.

Please click below for important disclosure information. https://www.fusionfamilywealth.com/disclosures

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based in Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

IN THIS EPISODE:

• [00:00] Introduction to investors’ obsession with the S&P 500 index
• [01:29] Jonathan explores the origin of S&P 500 obsession and its pitfalls
• [03:31] The importance of goal-oriented investing and creating a solid plan
• [06:36] Dangers of frequent portfolio checking and its impact on investment decisions
• [07:37] Real-world example: Lessons from the 2020 pandemic market recovery
• [09:10] Summary and recommendations for effective long-term investing

KEY TAKEAWAYS:

• Benchmark obsession can distract investors from their main financial goals. There's no statistical evidence to support the consistent outperformance of random benchmarks, such as the S&P 500.
• Successful investing involves establishing clear goals, creating a plan, and choosing investments with historical returns that align with your objectives.
• An investor's plan should be the true benchmark for measuring success, not market indices. Adjustments should be based on life events rather than market fluctuations.
• Frequent portfolio checking can lead to harmful investment decisions driven by overconfidence or loss aversion bias, especially during market volatility.
• Diversification and maintaining a long-term perspective are crucial for capturing market returns and achieving financial success.

ABOUT THE HOST: Jonathan Blau is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

 IN THIS EPISODE:

(00:00) Introduction

(01:50) Rob Basso recounts his early life and the entrepreneurial lessons learned

(05:21) The creative job-seeking strategy that launched Rob's career in the payroll industry

(08:19) Rob discusses his book "The Everyday Entrepreneur" 

(09:30) The "Triple Threat" of Entrepreneurship

(13:07) Post-exit challenges: Navigating the emotional impact of sudden wealth

(26:40) Overcoming partnership disputes and preparing for a successful business exit

(35:50) Rob's current role as a business coach and consultant

(40:37) Recap of the episode with Jon and Amy

KEY TAKEAWAYS:

• Early experiences, such as having a paper route, can instill valuable entrepreneurial skills like responsibility and customer service.
• Entrepreneurial success often requires a combination of ambition, confidence, and conviction, coupled with years of persistent effort.
• The emotional challenges of post-exit wealth can be significant. Having a solid financial plan and advisor is crucial for navigating this transition.
• Business partnerships can present unique challenges. Clear communication and aligned expectations are essential for long-term success.
• Personal branding, particularly on platforms like LinkedIn, is increasingly important for CEOs and can significantly impact company value.

RESOURCE LINKS 

Fusion Family Wealth - Website

Johathan Blau - LinkedIn

Rob Basso - Website 

Rob Basso - Instragram 

Rob Basso - LinkedIn 

GUEST BIOGRAPHY: 

Rob Basso is a seasoned entrepreneur, published business book author, and national business media commentator. As an entrepreneur, he successfully built and sold two Inc. 500 payroll/human capital management companies to large public companies and has been part of many multi-million-dollar deals. Additionally, he co-founded Empire National Bank, which was subsequently sold to Flushing National Bank. He is a Certified Entrepreneur and Executive Coach and has a thriving consulting practice that builds personal brands for entrepreneurs through the power of LinkedIn.

Please click below for important disclosure information. https://www.fusionfamilywealth.com/disclosures

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based in Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

IN THIS EPISODE:

• [00:00] Introduction to the manipulative tendencies of financial media
• [00:19] Financial media and Wall Street's problematic relationship
• [05:28] Expert forecasters' accuracy and hindsight bias
• [08:28] Three types of market forecasters explained
• [09:29] Long-term market returns and inflation basics
• [11:32] Importance of doing nothing during market volatility
• [13:04] Dangers of alternative investments like private equity

KEY TAKEAWAYS:

• Financial media and Wall Street firms often prioritize their own profits over investor interests, creating fear and uncertainty rather than providing helpful advice.
• Expert financial predictions are frequently no more accurate than a coin toss, with more famous experts often being less reliable.
• Long-term investment success relies on understanding historical trends and resisting the urge to react to short-term market movements.
• Many alternative investments, marketed as protection against volatility, may simply conceal losses rather than provide true value.

ABOUT THE HOST: Jonathan Blau is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

 IN THIS EPISODE:

(00:00) Introduction: Jonathan welcomes Scott Ditman

(01:52) Scott Ditman on Financial Disciplines

(09:38) Career Development And The Impact Of Mentorship

(16:54) Navigating Challenges In Client-Centered Financial Advising

(23:52) Adapting Plans As Client Situations Change

(35:50) Goal-Based Planning Vs. Performance Chasing

(37:04) Upcoming Tax Law Changes And Their Implications For Estate Planning

(41:34) Defining Financial Planning And Goal-Based Approach

KEY TAKEAWAYS:

• Integrated financial planning is crucial. Professionals from various disciplines must collaborate to create comprehensive strategies that address all aspects of a client's financial health.
• Scott Ditman highlights that effective client communication is as important as technical expertise. Explaining complex concepts in simple terms helps clients make informed decisions.
• Focus on client goals rather than arbitrary benchmarks. Aligning financial strategies with specific life objectives leads to more meaningful outcomes than chasing market performance.
• Stay informed about legislative changes. Proactive planning in anticipation of potential shifts in tax laws can significantly impact estate planning strategies.

RESOURCE LINKS 

Fusion Family Wealth - Website

Johathan Blau - LinkedIn

Scott’s LinkedIn

GUEST BIOGRAPHY: 

Scott T. Ditman, CPA, PFS a consultant for Citrin Cooperman. He was with Berdon for over 35 years where he was a Tax  Partner; Member of the Executive Committee; and Leader of the Firm’s Personal Wealth Services Practice.

Scott works closely with high net worth individuals and family/owner-managed business clients, advising on estate and income tax issues, and succession and financial planning. 

Scott speaks at various organizations, including the Annual Heckerling Institute on Estate Planning, on issues that include trust and estate planning, fiduciary accounting, and income tax planning. He has contributed to Bloomberg.com, Forbes, The CPA Journal, Long Island Business News, Newsday, Accounting Today, Journal of Financial Planning, Reuters, and Vault.  He also writes the blog T & E Talk.

Scott received his master’s from Baruch College and his BS from Brooklyn College.

Please click below for important disclosure information. https://www.fusionfamilywealth.com/disclosures

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based in Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

IN THIS EPISODE:

• [0:18] Introduction to the "wacky economics" of investor behavior
• [2:06] Traditional economics vs. investor behavior: The concept of "homo economicus"
• [3:08] Pro-cyclical demand in stock investing: Lessons from the dot-com boom
• [5:10] Understanding loss aversion bias and its impact on investment decisions
• [7:12] Buying companies vs. buying stocks: Insights from Warren Buffett
• [9:45] Market-driven optimism/pessimism bias: The Nvidia Example

KEY TAKEAWAYS:

• Loss aversion bias can lead to panic selling during downturns, mistaking temporary declines for permanent losses.
• Viewing stock purchases as buying parts of companies, rather than abstract financial instruments, can lead to better investment decisions.
• Investor Behavior: Investors often act irrationally, buying more as prices rise and selling as they fall, contrary to rational economic behavior.
• Avoid market-driven optimism/pessimism bias by focusing on long-term goals rather than short-term market movements.

ABOUT THE HOST: Jonathan Blau is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

This episode will give you the expert insights you need. Jonathan speaks with Shirl Penney, founder and CEO of Dynasty Financial Partners. In this episode, they deep dive into Penney's inspiring journey from humble beginnings to becoming a successful entrepreneur. Their discussion covers the founding and growth of Dynasty Financial Partners, insights into wealth management, and the importance of philanthropy and veteran support.

 IN THIS EPISODE:

(00:00) Introduction

(02:36) Shirl Penney's Background and Early Life

(08:47) The Value of Mentorship and Building Networks

(12:06) Pursuing a career on Wall Street

(18:01) Dynasty Financial Partners Growth Trajectory: Is Dynasty Financial Partners profitable?

(25:03) Philanthropy and Community: What's it like working at Dynasty Financial Partners? 

(29:12) Penney's "Around the Track" Podcast

(33:44) Recap of the episode with Jon and Amy

KEY TAKEAWAYS:

• Overcoming adversity can fuel success. Shirl's early life challenges instilled a strong work ethic and determination to succeed in finance.
• Building a robust professional network is crucial. Shirl's proactive approach to seeking mentors and opportunities paved the way for his career.
• Independent financial advice is vital. Dynasty Financial Partners champions a model that separates advice from product sales, democratizing access to quality financial guidance.
• Philanthropy enriches lives. Supporting veterans and empowering others to achieve their dreams is a core value shared by both Blau and Penney.

RESOURCE LINKS 

Fusion Family Wealth - Website

Johathan Blau - LinkedIn

Dynasty Financial Partners - Website 

Shirl Penney’s - LinkedIn

Shirl’s Podcast - Around the Track 

GUEST BIOGRAPHY: 

Shirl Penney is the founder, CEO, and member of the Board of Directors of Dynasty Financial Partners, one of the leading advocates and platforms for independent wealth advisor firms. Since its launch in 2010, Dynasty has grown to nearly $100B under management.

Shirl is from Eastport, Maine, and graduated from Bates College. He and his family live in St. Petersburg where they are active in numerous charitable causes focused on education, poverty, ALS, and veteran services. He is a Fellow of the inaugural class of the Finance Leaders Fellowship, a member of the Aspen Global Leadership Network, and a member of the Young President’s Organization of Florida.

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based in Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

IN THIS EPISODE:

• [00:00] Opening and introduction
• [00:18] Parody of panic-driven financial advice and current bear market conditions
• [05:30] The "3 most important numbers" in investing: 10, 6, and 3
• [07:33] Long-term investing strategy vs. short-term reactions
• [11:08] Importance of cash reserves in retirement planning
• [13:11] Historical market recovery patterns in a market cycle
• [15:17] Is this strategy relevant to older investors seeking wealth preservation?

KEY TAKEAWAYS:

• Understanding the "three most important numbers"—10%, 6%, and 3% for long-term wealth preservation.
• How to protect our portfolio in a bear market? Retirees should have two to three years of living expenses in low-risk investments to weather market volatility.
• Historical patterns show a 15% average annual decline in the S&P 500 since 1980, underscoring the need for a consistent strategy.
• Maintaining a long-term investment strategy is vital; avoid reactive decisions during market downturns for wealth preservation.

ABOUT THE HOST: Jonathan Blau is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

In this episode, Jonathan sits down with industry powerhouse Mindy Diamond—founder & CEO of Diamond Consultants, and a pioneer in wealth management recruiting—for a deep dive into the evolution of financial advisory careers, the rise of going independent in the financial advisor world, and how her family built a thriving business from the ground up.

You’ll hear Mindy’s unique approach to connecting with clients, her take on where AI fits in the future of finance, and her top advice for new advisors entering the industry today. Whether you're navigating your next career move or are curious about where the wealth management world is headed, this conversation delivers insight, inspiration, and clarity. 

 IN THIS EPISODE:

• (00:00) Opening and introduction
• (04:04) Mindy shares the approach she takes to the wealth management space
• (11:13) Mindy’s opinion about AI and speaks about Dynasty that helps financial advisors go independent
• (15:05) Mindy gives her advice for new financial advisors coming into the industry
• (16:38) The outlook for the wealth management sector over the next ten years 
• (20:33) How Mindy’s family business became successful
• (23:47) Listen to Jonathan and Amy’s recap of the episode

KEY TAKEAWAYS:

• Mindy described her journey from a transactional recruiting background to pioneering a more consultative approach in wealth management recruiting. She emphasized the importance of deeply understanding clients' goals, frustrations, and values before recommending opportunities. This strategy mirrored how top financial advisors shifted from pushing products to offering personalized advice.
• A significant factor behind the migration from traditional brokerage firms to independent RIAs is a growing incongruence between advisors’ desire for autonomy and the restrictions of large firms. Advisors increasingly want control over serving clients, managing teams, and running their businesses.
• AI is a tool that can enhance advisors' effectiveness rather than replace them. From streamlining writing and communication to improving operational efficiency, AI can make advisors better at their jobs—but it cannot replicate the human connection.

RESOURCE LINKS 

Fusion Family Wealth - Website

Johathan Blau - LinkedIn

Mindy Diamond - LinkedIn 

Diamond Consultants - Website

Mindy Diamond  - Website

Evolution of Wealth Management: From Customer’s Man to Behavioral Counselor with Harvey Radler

GUEST BIOGRAPHY: 

Mindy Diamond developed an organization that employs a unique relationship-driven approach to helping individuals and organizations achieve what she calls their “Best Business Life.” By counseling advisors on how to ask the right questions and “dig deep,” she helps them examine all of the opportunities available to find the one that allows them to reach their full potential.

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based in Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

IN THIS EPISODE:

• 00:00 Podcast Intro and Disclaimer
• 01:29 What is TIGER 21 and what does the acronym stand for?
• 02:52 Behavioral Mistakes of Ultra-Wealthy Investors
• 05:24 What is Overconfidence Bias in Investing?
• 06:25 What happened with the TIGER 21 Madoff Ponzi Scheme Scandal?
• 07:57 Familiarity Bias In Real Estate Investments
• 08:59 The Correlation Between Wealth and Investment Wisdom

KEY TAKEAWAYS:

• TIGER 21: A Glimpse into Billionaire Investing - Overview of TIGER 21, an investment group managing $170 billion.
• Behavioral Biases Affecting Billionaire Investors - Ultra-wealthy investors are not immune to common investment biases, often magnified by their resources and confidence.
• Case Studies of Billionaire Investment Missteps - Real-world examples show the dangers of recency bias and overconfidence in investment decisions.
• Human Nature and Investing - Understanding and mitigating biases is crucial for successful investing, regardless of wealth.

ABOUT THE HOST: Jonathan Blau is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

IN THIS EPISODE:

• 00:00 Podcast Intro and Disclaimer
• 00:50 What are the external and internal threats to wealth?
• 02:24 How does inflation erode purchasing power?
• 04:26 What are Loss Aversion and Ambiguity Bias in Investing?
• 05:58 How can investor behavior become an internal threat?
• 06:59 Long-term stock market performance despite volatility
• 08:31 How bond investments can impact your portfolio
• 09:32 Gold as an Inflation Hedge: Myth vs. Reality
• 10:34 External threats: how the media influence investors

KEY TAKEAWAYS:

• Inflation impacts purchasing power, making it essential to consider an inflation hedge within your portfolio to protect investor wealth.
• Investor behavior, influenced by biases such as loss aversion and ambiguity bias, can lead to poor investing decisions. Understanding these biases is crucial for effective financial planning.
• Predictions and media influence can skew investor psychology, often leading to volatility misconceptions and missteps during bear markets.
• Jonathan emphasizes the importance of a diversified portfolio to mitigate threats to wealth, including sequence of return risk.
• Bond investments play a strategic role in safeguarding against the sequence of return risk, especially for those approaching retirement.

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

IN THIS EPISODE:

• 00:00 Podcast Intro and Disclaimer
• 02:01 What Does Market Volatility Mean for Investors?
• 03:34 Recent Market Corrections: A 10% drop in the S&P 500 is not unusual
• 06:07 Will Market Volatility Hurt My Portfolio?
• 11:13 Which Market is Most Volatile?
• 18:50 Misconceptions on Warren Buffett's Strategy
• 22:25 Importance Of Diversification Beyond S&P 500
• 24:27 The Most Important And Difficult Action In Volatile Markets
• 26:11 Podcast Recap with Jonathan and Amy

KEY TAKEAWAYS:

• Market volatility is essential for achieving premium returns and should not be feared.
• Market corrections are normal; understanding the historical context can prevent panic.
• Recessions occur regularly and should be viewed as part of the economic cycle.
• Long-term investment strategies outperform attempts to time the market.
• Warren Buffett's approach underscores the importance of investing in quality businesses.

ABOUT THE HOST: Jonathan Blau is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

 IN THIS EPISODE:

• (00:00) Introduction
• (01:30) Steve shares his professional background and his interest in Elder Law, Veterans Affairs and Estate Planning in the Long Island Community
• (07:45) How Steve’s interest in elder law began
• (13:17) Money was never the motivation for Steve’s career 
• (18:21) Steve shares his childhood
• (23:45) Jonathan discusses society in the ’50s, ’60s, and ’70s
• (27:08) Steve leaves listeners with a final word about veterans
• (31:16) Amy joins Jonathan to recap this episode!

KEY TAKEAWAYS:

• As a New York State Assemblyman, Stern has recently been appointed chairman of the State Assembly Committee on Veterans Affairs. This role is particularly significant given Long Island's large veteran population, making it his personal and community-driven priority.
• Many, especially younger generations, expect instant success. But true success comes from patience, persistence, and passion—chasing money alone leads to dissatisfaction.
• Higher incomes don’t guarantee happiness—social media and rising material expectations fuel dissatisfaction. True happiness comes from contentment and defining “enough,” not chasing more.

RESOURCE LINKS 

Fusion Family Wealth - Website

Johathan Blau - LinkedIn

Steven H Stern, Attorney  - Website

GUEST BIOGRAPHY: 

Steve Stern is honored to be re-elected for a fourth term as New York State Assemblyman for the 10th District. First elected in a 2018 special election, he hit the ground running, passing six bills in his first six weeks to protect groundwater, support veterans, and safeguard children's health. He has secured historic funding for local schools and law enforcement to combat the opioid crisis and gang violence. As Chairman of the Veterans Affairs Committee, Steve has championed legislation to expand veteran benefits, employment opportunities, and protections for veteran homebuyers and Service-Disabled Veteran-Owned Businesses.

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial.

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

IN THIS EPISODE:

• [1:15] Jonathan defines “Performance Chasing” and provides examples of why investors do it
• [5:06] Example of Performance Chasing documented by Morningstar and becoming a wealth destroyer
• [7:44] The importance of staying diversified 
• [12:10] Good advice for investors on the long-term perspective 
• [12:54] Jonathan gives an example of “DINO diversification” and “true diversification”

KEY TAKEAWAYS:

• Investing heavily in assets that have recently performed well can be risky. This "performance chasing" can lead to concentrated portfolios and significant losses when those assets decline. History provides numerous examples, such as the dot-com bubble, where investors suffered losses by heavily concentrating their investments on a few high-flying stocks.
• Diversification is essential for long-term investment success. However, avoiding "DINO" (Diversification In Name Only) portfolios is crucial, where multiple funds hold significant exposure to the same assets. Proper diversification requires investing across various asset classes, sectors, and investment styles.
• Successful investing emphasizes long-term goals and avoids short-term speculation. The power of compounding demonstrates the importance of consistent investing in a diversified portfolio over the long term. Making investment decisions based solely on short-term market trends and recent performance can harm long-term financial success.

RESOURCE LINKS 

Fusion Family Wealth - Website

Johathan Blau - LinkedIn

ABOUT THE HOST: 

Jonathan is the President and CEO of Fusion Family Wealth, a firm he founded in 2013 that emphasizes behavioral finance to help clients make rational financial decisions in uncertain times. Known for his clear and engaging approach, Jonathan is a sought-after speaker in wealth management and investing. His background includes senior roles in tax and estate planning at Arthur Andersen, and he holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island with his family, Jonathan is active in the local business community and supports causes like the Middle Market Alliance and Sunrise Day Camp. He enjoys boating in his spare time.

Fusion Family Wealth, Performance Chasing, Diversification, Long-Term Perspective, Investing, Risk Management, Asset Allocation, Portfolio Management, Behavioral Finance, Compounding, Market Volatility, Financial Planning, Investment Strategy

 IN THIS EPISODE:

• [1:41] Chad shares his distinguished military background, and he compares financial investing with a deployed environment
• [12:30] Risk management, known and unknown, known and the known unknown and the unknown-unknown when executing strategic planning
• [18:00] Not just knowing history but learning from it
• [26:23] Training to stay on mission and removing emotions from decision making plus trusting the architect of the plan
• [35:44] Chad talks about a couple of close calls, and Jonathan makes his financial comparisons
• [43:14] Chad shares the firm he founded, Elysium Aero and describes its purpose
• [45:47] Jon and Amy recap this episode!

KEY TAKEAWAYS:

• Military and financial planning share strategic parallels. Both require mission-oriented planning, risk assessment, and disciplined decision-making to navigate uncertainties and achieve long-term success.
• Risk management is essential. As reconnaissance reduces battlefield uncertainty, financial tools like insurance and diversification safeguard against unexpected setbacks.
• Success comes from adaptability. Understanding history, assessing risks, and evolving strategies are key to long-term financial and warfare success.

RESOURCE LINKS 

Fusion Family Wealth - Website

Johathan Blau - LinkedIn

Elysium Aero - Website

Chadwick Ford - LinkedIn

GUEST BIOGRAPHY: 

Chadwick Ford is the President and CEO of Elysium Aero Consulting & Solutions,

a firm focused on providing innovative leadership development, strategic

planning and consulting services to help businesses excel in today’s competitive

market. Through customized programs and military-inspired strategic frameworks,

Ford’s firm empowers organizations to overcome challenges, drive sustainable

growth, and strengthen their leadership capabilities.

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial.

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

IN THIS EPISODE:

• [1:04] Jonathan’s topic is the bias called the illusion of predictive value.
• [2:56] Jonathan shares a story supporting the bias 
• [5:31] Jonathan advises when portfolio decisions should be made and describes successful and unsuccessful investors
• [8:25] Jonathan shares his favorite quote on predictive value

KEY TAKEAWAYS:

• Overestimating the reliability of our own or others’ predictions, particularly those of experts, often leads to poor decisions. The defining characteristic about the future is that there are no facts about it, making predictions inherently unreliable.
• Successful investors stick to long-term goals and plans, avoiding reactive changes based on short-term market performance, current events, or expert predictions. Adjusting portfolios should only happen when personal circumstances or goals change.
• Studies, such as those by Phil Tetlock, show that expert forecasts are correct about 49% of the time, akin to a coin flip. Moreover, the most famous or confident-sounding experts often have the least accurate predictions.

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

Bias, Predictions, Investing, Fusion Family Wealth, Portfolio, Financial Planning, Expert Forecasts, Illusion Of Predictive Value, Long-Term Goals, Decision-Making, Market Performance, Overconfidence, Successful Investors, Planning-Driven Strategies, Economic Trends, Investor Psychology

IN THIS EPISODE:

• [0:21] Jonathan’s topic is the myth of the risk of stocks
• [2:00] Investors selling into a temporary decline because of fear of risk
• [4:51] Bonds freeze the value of your dollar during inflation
• [10:02] Jonathan’s recommendations
• [13:07] Becoming antifragile and fighting “this time is different”

KEY TAKEAWAYS:

• The "risk of stocks" is often misunderstood. Long-term investments in diversified portfolios, like the S&P 500, are not inherently risky if left to grow through temporary market declines. Instead, the absolute risk lies in failing to protect purchasing power against inflation, which bonds cannot adequately do.
• Stocks vs. Bonds Misconception: Conventional wisdom often misrepresents stocks as risky and bonds as safe. However, over the long term, stocks consistently outpace inflation, protecting and growing purchasing power, while bonds risk eroding it due to fixed returns and inflation.
• The Psychological Barrier: Investors' fear of stock market volatility often stems from psychological misconceptions rather than historical evidence. By selling during temporary declines, they create permanent losses, highlighting the need for a shift in mindset to embrace long-term growth.

GUEST BIOGRAPHY: 

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

DISCLAIMER

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

Risk, Inflation, Purchasing Power, Fusion Family Wealth, Investment, Wealth Management, Behavioral Finance, Behavioral Investment Counseling, Investor Behavior, Stocks, Bonds, Volatility, Safety, Growth, Wealth, Psychology, Diversification

 IN THIS EPISODE:

• [2:08] Fred shares his financial business journey
• [5:22] Making a financial decision based on cognitive biases
• [12:10] Discussion of regret aversion bias and overcoming a bad decision
• [20:08] Discussion of internal benchmarks and the importance of integrity
• [26:08] Fred discusses a pivotal decision in his career
• [29:35] Fred shares that he has no regrets in life, and Jonathan visits with Amy, his wife and Fred’s daughter, about how the conversation went with her father

KEY TAKEAWAYS:

• Cognitive biases, such as familiarity and recency, can distort financial decisions. To minimize risks and regret, evaluate decisions objectively, consider worst-case scenarios, and diversify investments.
• Biases like familiarity, recency, and regret aversion can skew financial decisions. To avoid pitfalls, evaluate risks objectively, consider outcomes, and use strategies like diversification or stop-loss measures.
• Living by internal benchmarks fosters authentic happiness and meaningful success. Prioritizing family, values, and character over societal metrics leads to fulfillment. Treating everyone respectfully highlights the timeless importance of integrity in life and work.

GUEST BIOGRAPHY: Fred spent 40+ years as a CPA and business advisor, primarily as a Partner at Arthur Andersen LLP. He led the Long Island practice and managed the enterprise audit practice in Metro New York, earning clients' trust as their most trusted advisor.

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Johathan Blau - LinkedIn

Fred Gold - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial.

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

IN THIS EPISODE:

• [0:21] Jonathan’s topic is financial predictions and the inevitable uncertainty
• [2:04] Firms are selling the illusion of certainty regarding consumer investments
• [3:00] Beware of financial predictions and instead work on the preparation for the uncertainty 
• [8:22] Discussion of the Bond Market, which will be less favorable
• [9:31] Bottom-line investment advice

KEY TAKEAWAYS:

• The financial industry's reliance on predictions to sell advice and products perpetuates the illusion of certainty, which cannot be achieved. Forecasts about market timing or economic performance with studies showing their accuracy are no better than chance. Investors often fall into the "uncertainty trap" by prioritizing predictions over sound financial preparation.
• Relying on financial forecasts, especially those from seemingly credible and articulate forecasters, is often counterproductive, as their accuracy is comparable to a coin flip. Instead of seeking predictions, investors should focus on preparation and resilience to navigate unprecedented events and uncertainty effectively.
• The idea that uncertainty can be heightened at specific times is misleading because uncertainty is constantly inherent in every moment. Media narratives suggesting otherwise can create unnecessary caution and anxiety for investors. Recognizing that ever-present uncertainty helps foster a more grounded and resilient investment approach.

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

Uncertainty, Financial Predictions, Preparation, Fusion Family Wealth, Investment, Wealth Management, Behavioral Finance, Behavioral Investment Counseling, Investor Behavior, Illusion of Certainty, Financial Forecasts, Market Timing, Financial Planning, Investor Resilience, Economic Trends, Media Narratives

IN THIS EPISODE:

• [1:14] Jonathan explores the dopamine rush that comes with buying
• [2:22] Montesquieu’s timeless insights on happiness and comparison
• [4:00] Jonathan’s formula for assessing your happiness
• [4:35] A thought-provoking example from Morgan Housel and Joseph Heller on the concept of ‘enough’
• [6:24] Jonathan offers final advice on why money can’t buy true happiness

KEY TAKEAWAYS:

• Money can't buy lasting happiness because our brains are driven by the dopamine rush from anticipating new possessions, not from the items themselves. This creates a cycle of constant desire for more, similar to an addiction, where the excitement of acquiring something new fades quickly, and we're left craving the next big thing. True happiness isn't found in material wealth but in deeper, more meaningful sources of fulfillment.
• Montesquieu's insight from the 1700s still rings true today: our desire for happiness is often less about achieving personal joy and more about being happier than others. Social media, particularly Facebook, amplifies this by showing only the highlights of others' lives, creating an illusion of greater happiness. We measure our success and happiness in relative terms, constantly comparing ourselves to others rather than finding absolute satisfaction or what truly brings us fulfillment.
• The principle of "enough" highlights that true happiness and contentment come from recognizing when we have reached a point of fulfillment rather than constantly striving for more. Joseph Heller's response to the billionaire hedge fund manager—emphasizing that he had "enough"—shows that contentment isn't measured by wealth or material success but by the ability to acknowledge and appreciate what we already have. Without this sense of enough, we will always move the goalposts, and money alone will never bring lasting happiness.

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial.

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

IN THIS EPISODE:

• [5:34] Harvey Radler shares his background and history of selling stock
• [11:34] The Bernie Madoff story
• [15:36] Converting to commission-based fees
• [19:57] Buying investments to lose money
• [23:44] Certainty is not available in financial markets 
• [31:10] Sticking to your plan

KEY TAKEAWAYS:

• Aggressive sales tactics in early stock trading spurred the creation of mutual funds for centralized management, benefiting tax-deferred pensions but causing tax issues for individual investors, leading to the development of SMAs and tax-efficient index funds like the S&P 500. Despite these advancements, investors remain susceptible to emotional biases like fear and greed, often leading to poor decisions.
• The shift from commission-based to fee-based and discretionary accounts marked a major change in the investment industry, aligning advisors' interests with their client's interests by charging a percentage fee based on assets rather than individual trades. This model encouraged advisors to prioritize clients' long-term success as fees increased with portfolio growth. 
• Certainty in financial markets is an illusion driven by claims of predictive expertise through forecasts, stock analysis, and fund managers. Despite assurances, consistent outperformance and market timing remain elusive, often causing investors to overreact instead of gaining clarity.

GUEST BIOGRAPHY: 

Harvey, Managing Director of Fusion Family Wealth, brings over 60 years of investment expertise to the firm, where he also serves as vice-chair of the investment committee. He and Jonathan Blau co-founded the Blau Radler Group in 2000. Harvey’s career includes roles at Wertheim & Co./Schroders, Prudential Securities, Sanford Bernstein, and Morgan Stanley, and he served on the NYSE disciplinary panel for 25 years. A Wharton School graduate, Harvey’s deep industry experience continues to benefit Fusion’s clients.

ABOUT THE HOST: Jonathan is the President and CEO of Fusion Family Wealth, founded in 2013 to focus on behavioral finance and guide clients toward rational financial decisions. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island, Jonathan is active in the local business community, supports causes like the Middle Market Alliance and Sunrise Day Camp, and enjoys boating with his family.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Harvey Radler - LinkedIn

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial.

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

IN THIS EPISODE:

• [:57] Don’t mix politics and investing
• [3:01] History of both Bush administrations
• [4:46] History of bitter partisan elections
• [5:06] 1948 Election 
• [6:49] Closing Statements YouTube video of Warren Buffet

KEY TAKEAWAYS:

• Mixing politics and investing is a mistake. Historically, long-term market returns have been consistent regardless of political party, averaging 10.7% under Democratic regimes and 10.5% under Republican ones.
• In 20 tracked decades, only one—2000 to 2009 under George W. Bush—saw flat market returns, driven by significant events like the dot-com bubble burst, 9/11, and the global financial crisis, rather than political affiliation. Interestingly, the best-performing decade, 1988 to 1997 under George H.W. Bush, delivered 18% annual returns, with stocks increasing fivefold.
• History shows that market performance over the next decade will likely be substantial, regardless of election outcomes. While this election has been highly partisan, bitter political divides are nothing new—dating back to 1803 when Vice President Aaron Burr fatally dueled Treasury Secretary Alexander Hamilton.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

Warren Buffet - YouTube

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial.

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

ABOUT THE HOST: 

Jonathan is the President and CEO of Fusion Family Wealth, a firm he founded in 2013 that emphasizes behavioral finance to help clients make rational financial decisions in uncertain times. Known for his clear and engaging approach, Jonathan is a sought-after speaker in wealth management and investing. His background includes senior roles in tax and estate planning at Arthur Andersen, and he holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island with his family, Jonathan is active in the local business community and supports causes like the Middle Market Alliance and Sunrise Day Camp. He enjoys boating in his spare time.

Today, Jonathan discusses a critical misconception: success in business doesn’t automatically mean success in investing. Many high-achievers fall into the trap of overconfidence, mistaking their business skills for investment prowess. Join us as we unpack these pitfalls and provide practical insights for better decision-making in uncertain times. Whether you're a seasoned executive or an aspiring entrepreneur, there's something here to help you strengthen your financial foundation.

IN THIS EPISODE:

• [1:02] Welcome to Fix It Friday. 
• [2:28] Being a successful businessperson does not make you a great investor
• [4:07] Example of why success in business does not translate to investments
• [7:30] Skills to run a business and investment skills are not the same
• [9:01] Overconfidence leads to investment mistakes
• [9:43] Take advantage of this podcast to learn how to succeed in investing

KEY TAKEAWAYS:

• Success in business does not automatically translate to success in investing. Successful businesspeople often need help investing, such as overconfidence bias, where they believe their business acumen guarantees investment success. This can lead to poor decision-making, and they may need more behavioral guidance than they realize to avoid costly mistakes.
• Entrepreneurs often thrive by going "all in" on a big idea, investing all their skills, energy, and capital to drive their venture's success—sometimes against steep odds. However, to succeed as long-term investors, they must adopt an opposite approach: spreading their resources across multiple investments to manage risk and ensure steady growth rather than concentrating everything on one high-stakes venture.
• Successful entrepreneurs and executives often fall into costly habits around money and uncertainty, driven by a tendency to attribute success to skill rather than luck. This bias can prevent learning from mistakes, as failures are more likely to be blamed on external factors. Recognizing these tendencies and seeking insights into correct investment strategies can help counteract these biases.

RESOURCE LINKS 

Fusion Family Wealth - Website

Jonathan Blau - LinkedIn

ABOUT THE HOST: 

Jonathan is the President and CEO of Fusion Family Wealth, a firm he founded in 2013 that emphasizes behavioral finance to help clients make rational financial decisions in uncertain times. Known for his clear and engaging approach, Jonathan is a sought-after speaker in wealth management and investing. His background includes senior roles in tax and estate planning at Arthur Andersen, and he holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island with his family, Jonathan is active in the local business community and supports causes like the Middle Market Alliance and Sunrise Day Camp. He enjoys boating in his spare time.

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. 

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

IN THIS EPISODE:

• [00:57] Meet Your Host Jonathan Blau
• [03:04] The Purpose of Crazy Wealthy Podcast
• [04:42] Understanding Emotional Biases
• [08:36] Cognitive Biases in Financial Decisions
• [11:40] Information Overload and Decision Making
• [13:49] The Role of Temperament in Investment Decisions
• [14:23] Accessibility Bias in Investing
• [15:13] The Illusion of Certainty in Financial Advisory
• [16:48] The Media's Influence on Financial Decisions
• [19:53] Understanding Luck and Risk in Investments
• [21:48] Introducing Fix It Fridays
• [22:35] Podcast Availability and Conclusion

KEY TAKEAWAYS:

• Loss aversion leads people to prioritize avoiding losses over pursuing gains, often hindering long-term wealth-building strategies.
• Regret aversion can cause individuals to avoid making future financial decisions due to past investment failures, limiting growth opportunities.
• Emotional and cognitive biases systematically influence poor financial decisions, but they are predictable and can be corrected.
• The key to success in investing isn’t just knowledge, but temperament—knowing what to do and sticking to a long-term strategy despite short-term volatility.

RESOURCE LINKS 

Website: https://www.fusionfamilywealth.com/

Linkedin: linkedin.com/in/jonathanblau1

ABOUT THE HOST: 

Jonathan is the CEO of Fusion Family Wealth, a wealth management firm he founded in 2013. His practice centers on Behavioral finance, teaching clients how to make consistently rational money decisions under conditions of uncertainty.

As a sought-after speaker for podcasts and media, Jonathan offers a fresh perspective on wealth management, shaped by insights from behavioral finance. His ability to clarify and illuminate complex financial decision-making processes makes him a distinguished voice in the field.

Jonathan honed his planning and technical skills during his tenure as a senior tax and estate planning specialist in the Tax and Family Wealth Planning division of Arthur Andersen from 1992 to 1996.

He holds a BS in Finance from SUNY Buffalo and two advanced degrees from Fordham University: an MS in Taxation and an MBA in Accounting.

Jonathan lives on Long Island with his wife, Amy, and their two daughters. He is an avid supporter of the Long Island business community and contributes to causes such as the Middle Market Alliance of Long Island and Sunrise Day Camp. He is an avid boater.

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. 

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures

Hosted by financial and investor behavior specialist Jonathan Blau, the podcast simplifies the complexities of wealth management and seeks to offer practical, actionable advice listeners can implement immediately. Each episode covers topics ranging from money management and investor behavior fundamentals to prudent investment strategies, equipping listeners with the knowledge and tools needed to build, grow, protect and be comfortable with their wealth.

The podcast covers essential financial topics and behaviors that may help listeners increase the odds of achieving their financial goals. It also breaks down complex financial news and market updates, keeping listeners informed and empowered and helping them to learn not to reflect any fears or euphoria incited by the news by altering their financial plans or portfolios in response. Whether building wealth early in a career, navigating the financial challenges of entrepreneurship, or preparing for a comfortable retirement and family legacy, the thought-provoking insights offered guide listeners every step of the way.

Designed to be relatable and practical, The Crazy Wealthy Podcast caters to all financial experience levels. The podcast presents financial concepts clearly and concisely, endeavoring to enable listeners to take actionable steps immediately. It seeks to provide the tools and knowledge necessary for informed financial decisions that lead to empowerment and minimize the negative influence that human biases and emotions often have on financial decisions.

Listeners can gain straightforward financial and behavioral investment counseling insights, learn how to develop a personal financial plan, discover wealth-building strategies, and stay current with the latest financial news and trends, especially in the context of behavioral finance. In depth interviews with top professionals in the financial and behavioral finance industry, current investors and others provide valuable perspectives and proven tactics for financial success.

Whether planning for retirement, managing family finances, or growing a business, The Crazy Wealthy Podcast can serve as a trusted resource for achieving financial freedom. Subscribe today and take the first step toward a more secure financial future!

RESOURCES:

Website: https://www.fusionfamilywealth.com/

ABOUT THE HOST:

Jonathan is the President and CEO of Fusion Family Wealth, a firm he founded in 2013 that emphasizes behavioral finance to help clients make rational financial decisions in uncertain times. Known for his clear and engaging approach, Jonathan is a sought-after speaker in wealth management and investing. His background includes senior roles in tax and estate planning at Arthur Andersen, and he holds a BS in Finance, an MS in Taxation, and an MBA in Accounting. Based on Long Island with his family, Jonathan is active in the local business community and supports causes like the Middle Market Alliance and Sunrise Day Camp. He enjoys boating in his spare time.

Please Note: No individual has been provided nor promised any direct or indirect economic benefit for sharing Fusion podcasts/articles/opinions. No post should be construed as any assurance that a reader will find the podcast/article/opinion beneficial. 

Please click below for important disclosure information.

https://www.fusionfamilywealth.com/disclosures