The authors of ‘The Architecture of Wealth’ share insights from working with Jack Bogle and decades of research on diversification, indexing, active management, and behavioral bias. Our guests on the podcast today are Andy Clarke and Nelson Wicas, co-authors—along with Ganesh Suntharam—of the new book, The Architecture of Wealth: The Art and Science of Portfolio Construction. Andy has spent more than three decades as an investment researcher and writer. He has worked at Morningstar and Vanguard, where he served as assistant to Vanguard Founder and indexing pioneer, John C. Bogle. Andy has published research in practitioner journals such as the Journal of Index Investing. He is the author of Wealth of Experience and a CFA Charterholder. Nelson has developed and managed quantitative equity strategies for more than 30 years. Most recently, he worked at Redpoint Investment Management, where he was a founder and research analyst. After completing his PhD in economics at the University of Pennsylvania, Nelson joined Vanguard to help establish its quantitative equity management function. Nelson later helped found Vanguard’s investment counseling and research team to produce portfolio construction insights for clients and internal teams. Nelson has been a visiting professor of economics at Haverford College in Haverford, Pennsylvania. The Architecture of Wealth: The Art and Science of Portfolio Construction https://www.wiley.com/en-us/shop/general-finance-investments/the-architecture-of-wealth-the-art-and-science-of-portfolio-construction-p-9781394382767 Episode Highlights More From The Long View: Charley Ellis: Indexing Is a Marvelous Gift https://youtu.be/da9Cy4XqNlw?si=bMY9k1Im0JYJorvC Jeff Ptak: The Simple Secret to Becoming a Better Investor https://youtu.be/xHQDX_5cdzs?si=zRHWu4hyhUJ3-eNw Andy Reed: Inertia Is the Most Powerful Force in Behavioral Finance https://youtu.be/Ec1obZ4U_3c?si=tiiZO2ZrQ-PYUTCg If you have a comment or a guest idea, please email us at TheLongView@Morningstar.com. Follow The Long View on social media: Christine Benz on X (@christine_benz) https://x.com/christine_benz Ben Johnson on X (@MstarBenJohnson) https://x.com/MstarBenJohnson Christine Benz on LinkedIn: https://www.linkedin.com/in/christine-benz-b83b523 Amy Arnott on LinkedIn: https://www.linkedin.com/in/amy-c-arnott-cfa-6a1a7331 Ben Johnson on LinkedIn: https://www.linkedin.com/in/ben-johnson-cfa-5a288175 Subscribe to Christine’s weekly newsletter, Improving Your Finances https://www.morningstar.com/newsletters/improving-your-finances Visit Morningstar.com for new research and insights from Christine, Ben, and Amy. This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income