Podcast Appearance: Where Do Investment Returns Come From?

Carson McLean, founder of Altruist Wealth Management, joined the Pilot Money Guys podcast to discuss the true sources of investment returns and why understanding market structure matters for long-term success.

"Returns don’t come from beating other investors—they come from ownership, risk-taking, and disciplined participation in the underlying economy," McLean explained.

The episode explores why active management is often a zero-sum game and how building portfolios around evidence-based strategies leads to more reliable outcomes over time.

🎧 Listen to the full episode →