More SECURE 2.0, a new look at fiduciary, and too late to make investment changes.
Commentary
We take a different approach by looking not too far back in the past. This avoids the “getting lost in the sauce of history” problem so many retrospectives have. It’s the opposite of the “recency” problem, where we place too much emphasis on that which lies closest to our memories. Often, instead, we’ll give more than proper weight to happenings in a distance that is rapidly losing relevance.
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Here’s what’s been hot this year. Can you see why?
Regulatory medley and the bloom falls off the ESG rose.
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Year-end confusion, fiduciary stasis, and “I told you so” investing.
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