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David Berns - How do you build a portfolio for a human being? (S4E16)

Flirting with Models

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How Many Advisers Got Fired?

In two thousand eight, many advisers got fired because they couldn't stomach 40% drawdowns in their portfolios. We should all be trying to think of diagnosing someone's risk profile in as medical a way as possible," he says. "Clients love doing a loss aversion questionair and finding out about themselves"

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