Jason Zweig – The Power of Serendipity - [Invest Like the Best, EP.03]
Invest Like the Best with Patrick O'Shaughnessy
00:00
Is There a Need for Financial Advice?
The share of invested equity assets that are passive, it was basically zero, three % or so in the early nineties. It's probably around forty to day ore, getting close to 40%. And you can certainly see that continuing for a long time. But i think many more peop have a fundamental need for advice about financial decision making and can't be solved purely through portfolio choice. Involve other technical or regulatory decisions that call for real advice.
Transcript
Play full episode
