Paul is shocked to find a bit of truth on TV this week around investment firms. Listen along as Paul shares a clip of a firm manager admitting to investing in products that investors like the sound of instead of sticking to proven academic investing strategies. Paul asks, “Would you want your doctor to prescribe a treatment that sounds good to you, or that will help you be healthy?” Paul shares how frustrating it can be to see companies do this and then claim to be working in your best interest.
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