The Financial Services Industry as a whole have been facing criticism in somewhat or in different form. In the mean time

Bowled Over -- Michael Oriard (Big-Time Colleg...

we are trying to see the industry from the Behavioral prospective and trying to break the problems as follows:

Simplicity does not pay well: Investing should be relatively simple: Buy broad asset classes, hold them over long periods of time, re balance periodically, get off the tracks when the locomotive is bearing down on you. The problem is its easier in theory than is reality to execute. And, it is difficult to charge excessive fees for these services.

Confusion is not a bug, it’s a feature: Thus, the massive choice, Continue reading

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