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  • September 18, 2024
  • 6:00 am

A Company Convinces a Woman with Dementia to Sell Her Home — The Perfect Metaphor for a Broken Industry

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Paul talks about used car sales and companies like We Buy Ugly Houses to explain what value stocks are and why their long-term performance is strong. Paul finds an article that reports We Buy Ugly Houses is accused of taking advantage of people who are in desperate situations. Listen along as the advisors talk about how often companies like these (and even investment professionals) claim to be fiduciaries, but take advantage of what people don’t know to sell them things they don’t need. They all agree that everyone needs to be called to a higher standard. Later in the episode, the team talks about a Bloomberg article called, “Young Americans Struggle to Hit Adult Milestones.”

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