Podcast
Money Lessons with Andrew Temte, PhD, CFA
Hosted by Andrew Temte · EN
Make Financial Literacy Accessible Through Compelling Storytelling
Join Dr. Andrew Temte every Saturday for Money Lessons—a weekly financial education podcast that transforms complex economic concepts into accessible, engaging stories. Each bite-sized 10-minute episode builds your financial knowledge through historical narratives and practical applications, making this the perfect podcast for anyone seeking to improve their money management skills and investment understanding.
What You'll Learn:
From the ancient origins of money and banking to modern stock markets and retirement planning, Money Lessons covers essential financial literacy topics including:
- How insurance and risk management work
- Stock market fundamentals and investment principles
- Banking systems and monetary policy
- Interest rates, inflation, and economic cycles
- Credit, debt, and smart borrowing decisions
- Foundational macro and microeconomic principles that directly apply to personal financial decision-making
- Building wealth through informed financial decisions
Your Host:
Dr. Andrew Temte brings unparalleled expertise as a PhD in finance, CFA Charterholder, and former CEO of Kaplan Professional. With over 15 years of university teaching experience, Andy makes finance education approachable for everyone—from high school graduates to seasoned professionals seeking to sharpen their financial acumen.
Why Money Lessons:
Unlike traditional personal finance podcasts, Money Lessons uses historical storytelling to reveal how financial systems evolved and why they matter today. Whether you're learning about the Knights Templar inventing banking, the Dutch East India Company creating stock markets, or Benjamin Franklin's compound interest experiments, each episode connects past innovations to your present financial decisions.
Perfect for young professionals starting their investment journey, parents teaching financial responsibility, or anyone building a foundation for long-term wealth creation.
New episodes every Saturday. Subscribe today and start your journey of financial literacy.
54episodes
Episodes
Newest firstAll episodes
The Quarterly Rhythm That Shapes American Business
4d ago00:13:32Summary readyIn this episode of Money Lessons, Andy picks up where last week's IPO episode left off and walks through what changes once a company is publicly traded. He explains the lockup period that follows every IPO — using Airbnb's May 17, 2021 lockup expiration and six-percent drop as the concrete example — then breaks down the SEC's three core disclosure filings (10-K, 10-Q, and 8-K) that drive the rhythm of public-company life. Andy then tackles the real cost of all this — short-termism — citing Warren Buffett and Jamie Dimon's 2018 Wall Street Journal op-ed and drawing on his own experience to show how the quarterly cycle shapes corporate behavior at public and private companies alike. AndrewTemte.com
SummaryGoing Public: How a Private Company Becomes a Stock You Can Buy
2w ago00:12:36Summary readyIn this episode of Money Lessons, Andy walks through what happens when a company goes public — how a private business with a small group of owners becomes a publicly traded stock that anyone with a brokerage account can buy. The episode covers the five reasons companies decide to go public, the underwriting process and the role of investment banks, the road show and how the offering price gets set, and what happens on the first day of trading — including why the price you and I pay is almost always different from the price the institutions paid the night before. Using Airbnb's December 2020 IPO as a concrete example, Andy unpacks the "pop" between offering price and opening price, then revisits the three risks of stock ownership from two weeks ago to highlight how cognitive biases — particularly the urge to follow the crowd — make hot IPOs especially dangerous territory for everyday investors. AndrewTemte.com
SummaryThree Lenses on Stock Value: Why Cash Is Still King
3w ago00:13:38Summary readyIn this episode of Money Lessons, Andy tackles one of the most foundational questions in investing: what is a stock actually worth? Returning to value-investing pioneer Benjamin Graham, Andy walks through the three primary lenses professional analysts use to estimate stock value—relative valuation, asset-based valuation, and cash-flow-based valuation—and shows how each one offers a different angle on the same question. Using the dot-com bubble as a cautionary tale, Andy illustrates what happens when relative valuation becomes untethered and stock prices disconnect from underlying business fundamentals. The unifying principle: speculation can run for surprisingly long stretches, but eventually a business must generate cash, or its price will be revalued to reflect what's actually there.
SummaryThe Three Risks of Owning Stock
4w ago00:12:00Summary readyIn this episode of Money Lessons, Andy walks through the three categories of risk that dominate the experience of owning stock: firm-specific risk, market risk, and behavioral risk. He explains why a stock's daily movement is mostly driven by company news, but why the broad market overwhelms those differences when it moves sharply—answering the listener's natural "which is it?" question. Using the 2008 financial crisis and the March 2020 pandemic crash as examples, Andy shows how fast and slow declines both punish panic-selling, just on different timelines. He closes with observation that most of the gap between what individual investors earn and what the market returns isn't about picking the wrong stocks—it's about behavior. AndrewTemte.com
SummaryLeverage and Margin Explained: The Power and Peril of Borrowed Money
May 200:11:38Summary readyIn this episode of Money Lessons, Andy explores leverage and margin — what happens when investors borrow money to buy stocks. He traces the story from the unchecked margin trading of the 1920s that fueled the 1929 crash through the regulatory response that reshaped modern markets, including Regulation T and FINRA's maintenance margin requirements. Andy walks through a margin call example to show how borrowed money amplifies both gains and losses, then closes with practical questions every investor should ask before borrowing to invest. AndrewTemte.com
SummaryPreferred Stock Explained: The Hybrid Equity Security
Apr 2500:11:07Summary readyIn this episode of Money Lessons, Andy explores preferred stock — the hybrid security that sits between bonds and common stock in a company's capital structure. He traces its origins to the Railway Mania of 1840s Britain and the aftermath of the Panic of 1837 in America, where distressed railroads and canal companies invented a new class of shares to attract cautious investors. Andy explains how preferred stock borrows features from both debt and equity, defines the critical distinction between cumulative and non-cumulative preferred shares, and shows where preferred shareholders stand in the priority hierarchy alongside bondholders and common shareholders. AndrewTemte.com
SummaryMeasuring Equity Returns: The Five Metrics Every Investor Should Know
Apr 1800:12:36Summary readyIn this episode of Money Lessons, Andy traces the historical shift from dividend-focused investing to earnings-based valuation, showing how mandatory financial disclosure in the 1930s transformed the way investors evaluate stocks. He walks through five essential equity metrics—earnings per share (EPS), the price-to-earnings (P/E) ratio, the dividend payout ratio, the price-to-sales (P/S) ratio, and the price-to-book (P/B) ratio—explaining what each one measures and when to use it. Andy connects these modern tools back to Benjamin Graham's pioneering work in value investing and shows how they build on dividend and buyback concepts covered in earlier episodes.
SummaryDividends Explained: How Equity Income Works and Why It Matters
Apr 1100:11:52Summary readyIn this episode of Money Lessons, Andy explores how dividends work and why they matter for investors building long-term wealth. He traces the history of dividends back to the Dutch East India Company's first payment in 1610—which was made in spices, not cash—and walks through the four key dates every dividend investor needs to understand. Andy also explains dividend yield, why some companies pay dividends while others don't, and how dividend-paying stocks fit into a broader portfolio strategy based on individual risk tolerance. AndrewTemte.com
SummaryStock Splits and Share Buybacks: What Every Investor Should Know
Apr 400:11:52Summary readyIn this episode of Money Lessons, Andy breaks down the three most common ways companies change their share structure. He explains how stock splits work — including Apple's five splits and Warren Buffett's famous refusal to split Berkshire Hathaway—and why reverse stock splits often signal trouble. He then explores share buybacks, how they boost earnings per share, and why investors need to look past the headline numbers to see whether real value is being created. The episode also covers dilution and why issuing new shares comes at a cost to existing shareholders. AndrewTemte.com
SummaryWhat Shareholders Actually Own: Rights, Claims, and Protections
Mar 2700:11:27Summary readyIn this episode of Money Lessons, Andy explains what you actually own when you buy a share of stock. He explores the concept of the residual claim — why shareholders are last in line during bankruptcy but first to benefit when companies thrive — and walks through the four key rights of common stock ownership: voting, dividends, information, and the right to sell. The episode also covers the bankruptcy priority hierarchy and why the risk-return tradeoff of equity ownership has made stocks the primary engine of long-term wealth creation. AndrewTemte.com
Summary