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How Good is Popular Personal Financial Advice?

Patrick Boyle On Finance

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The Importance of Personal Financial Advice

The LeBedd case led to questions about the scope of stock market manipulation prohibitions. Financial advice is typically quite tailored to an individual's financial situation, their risk tolerance and their financial goals. According to James Choi, a finance professor at Yale University, the advice given by popular personal finance authors is often quite different to the advice coming from academia.

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