---
title: "Rahapodi's Portfolio Theory – Martin Paasi | Neuvottelija 5"
titleOriginal: "Rahapodin portflioteoria | Martin Paasi | Neuvottelija 5"
episodeNumber: "5"
guest: "Martin Paasi"
datePublished: 2020-02-14
duration: "57:10"
youtube: "https://www.youtube.com/watch?v=zSMbJzntCNs"
captionsVtt: https://www.neuvottelija.com/podcast/episodes/ep5-rahapodin-portfolioteoria-martin-paasi/captions.en.vtt
captionsSrt: https://www.neuvottelija.com/podcast/episodes/ep5-rahapodin-portfolioteoria-martin-paasi/captions.en.srt
originalLanguage: "fi"
topics: ["investing_markets"]
subtitleMethod: "none"
provenance: "Owner page assembled from YouTube metadata, the neuvottelija.fi episode record and the published Neuvottelija AI edition summary. No transcript imported."
fiCanonical: "https://www.neuvottelija.fi/fi/episodes/9-rahapodin-portflioteoria-martin-paasi-neuvottelija-5"
canonical: https://www.neuvottelija.com/podcast/episodes/ep5-rahapodin-portfolioteoria-martin-paasi/
---
# Rahapodi's Portfolio Theory – Martin Paasi | Neuvottelija 5

## Summary

Rahapodi's Martin Paasi unpacks the core of portfolio theory: why 'nobody knows anything', what alpha, beta, and CAPM mean, how Warren Buffett and Bridgewater generate excess returns by leveraging boring quality companies, and why the low-cost index investor statistically ends up in the top quartile. Finally, salary as a return vector and the mathematics of long-term saving.

## Watch

The recording lives on the Neuvottelija channel: [Rahapodin portflioteoria | Martin Paasi | Neuvottelija 5](https://www.youtube.com/watch?v=zSMbJzntCNs).
A Finnish edition of this episode is published at [www.neuvottelija.fi](https://www.neuvottelija.fi/fi/episodes/9-rahapodin-portflioteoria-martin-paasi-neuvottelija-5).

---

Cite as: Sami Miettinen, Neuvottelija — Rahapodi's Portfolio Theory – Martin Paasi | Neuvottelija 5, https://www.neuvottelija.com/podcast/episodes/ep5-rahapodin-portfolioteoria-martin-paasi/, 2020-02-14. For quotes include episode 5 and timestamp.