Greg Jefferson and I chat about my recent post, urging everyone to put 100% retirement money into risky assets (like stocks) rather than the traditional 60/40 split that every investment advisor says you should do.
In this conversation I admit to my cynical view of the investment advisory business. Additionally I engage in a rant you might have heard before (if you’ve ever read my stuff) about the Financial Infotainment Industrial Complex.
Please see related post:
What If Financial News Was Real?
Stocks vs. Bonds, the Probabilistic Answer
Book Review: Stocks for the Long Run, by Jeremy Siegel
Book Review: Simple Wealth, Inevitable Wealth, by Nick Murray
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