Kinda like how Michael wears a Hawaiian shirt whenever he parties. Needs to put on a different persona. But he always comes back to me for the important stuff.
Interesting. Kahneman advocates actually holding two SEPARATE portfolios for clients - a risky one, and a safe one - as a way to compartmentalize risk. Bucket strategy on steroids?
"Why Advisors Need To Measure Regret" kitc.es/2MVKQZJ via @ETFcom@MurphyCinthia
It turns out that a lot of the “people" who think financial advisers should be allowed to deliberately give you bad advice are fake wsj.com/articles/many-commen…