Carl Richards (Live from Fuse in Park City)
Standard Deviations with Dr. Daniel Crosby
00:00
Financial Advice - Mission Critical Advice in the Face of Uncertainty?
Financial advice is mission critical in the face of irreducible uncertainty, right? So incomplete information. Anybody who lived through 2008, 2009 knows what that feels like to look somebody in the eyes and go, I got you. And then walk out of the conference room and shut the door. We as an industry, we've become sellers of certainty. It's easy to sell because everybody wants to buy it. Humans have been looking for certainty forever. Do you feel like we as an industry try to artificially reduce certainty when it'sirreducible? Through the use of whatever. For sure. Part low, simulate whatever.
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