Summary: <br> Announcer: <a href="https://www.temi.com/editor/t/P87mNrJNDmoZ_6PMwnBsHrL137ssV8bEWQlaOIxJdJv5_tYlEDg7lRy019In2Xi6a49Bj0zL_Z8vDTonzw7TYCr1n1E?loadFrom=DocumentDeeplink&ts=0.63">00:00</a> You’re<br> tuned in to the Investing for Beginners podcast. Finally, step by step premium<br> investment guidance for beginners, led by Andrew Sather and Dave Ahern. To<br> decode industry jargon, silence crippling confusion, and help you overcome<br> emotions by looking at the number, your path to financial freedom starts now.<br> <br> <br> <br> Scott: <a href="https://www.temi.com/editor/t/P87mNrJNDmoZ_6PMwnBsHrL137ssV8bEWQlaOIxJdJv5_tYlEDg7lRy019In2Xi6a49Bj0zL_Z8vDTonzw7TYCr1n1E?loadFrom=DocumentDeeplink&ts=36.28">00:36</a> All<br> right folks, we’ll welcome to Investing for Beginners podcast. This is episode<br> 126 tonight; we’re going to have some fun. We are going to interview an author,<br> gentleman named Scott Chapman. He wrote this amazing, fantastic book called<br> Empower your Investing, and we’re going to chat about this tonight. So without<br> any further ado, I’m going to turn it over to Scott. Scott, why don’t you tell<br> us a little bit about yourself?<br> <br> <br> <br> Scott: <a href="https://www.temi.com/editor/t/P87mNrJNDmoZ_6PMwnBsHrL137ssV8bEWQlaOIxJdJv5_tYlEDg7lRy019In2Xi6a49Bj0zL_Z8vDTonzw7TYCr1n1E?loadFrom=DocumentDeeplink&ts=60.27">01:00</a> Well,<br> thanks to Dave and Andrew, that’s a pleasure to join you tonight. A little bit<br> of background about myself. I’m a professional portfolio manager. I founded my firm<br> about six years ago called Chapman investment management. And this, this book<br> that you mentioned in power, you’re investing. The subtitle is adopting best<br> practices from Peter Lynch, John Templeton, and Warren buffet. This whole<br> project started about 25 years ago and I had gone through and gotten my MBA in<br> finance and had gone through the CFA or chartered financial analyst program,<br> which is a three-year program with at that time, at one test given each year<br> you have to pass those to be success with tests.<br> <br> <br> <br> Scott: <a href="https://www.temi.com/editor/t/P87mNrJNDmoZ_6PMwnBsHrL137ssV8bEWQlaOIxJdJv5_tYlEDg7lRy019In2Xi6a49Bj0zL_Z8vDTonzw7TYCr1n1E?loadFrom=DocumentDeeplink&ts=112.17">01:52</a> And<br> the pass rate was somewhere around the 30 or 40% range. Three years later, I<br> had that certification, and in 1993 I was named the portfolio manager for our<br> large-cap growth fund, which had a one-star rating by Morningstar, which was<br> the lowest star rating they gave.
