Government workers ignore math, fee mongers misuse math and savvy salesmen abuse math.
Tag "SEC"
The downside of non-compliance, fee silliness and investment insanity.
“Advisers should be very scared of being implicated in the lawsuits that will happen.”
Flyover America Acts, SEC babbles and How to Get Better Investment Returns.
“In the future, people will look back on today’s era with wonder and astonishment, finding it hard to believe there once was a time when the standard was not applied – just as people today look back at racial segregation, women’s suffrage and similar eras.”
RetirementCare coming soon? Fee Policy Statement coming soon? Behavioral smacks MPT.
IRA scandal, fiduciary demand and the dangers of fad investing.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 7/18/14
Pity the poor public pensions, what if we already have a fiduciary standard and the investor herd mentality.