Advisors can often make the same bone-headed decisions for themselves that they do for clients. Nice PPT from a presentation this spring…
Quote then download:
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“Advisers encourage chasing returns, push for actively managed funds, and even actively push them on auditors who begin with a well-diversified low fee portfolio.”
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The Misguided Beliefs of Financial Advisors
Website
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Good investing,
Meb Faber
theideafarm.com