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Top clicks this week on Abnormal Returns

Abnormal Returns

morningstar.com) How home buying is going to change with the upheaval of realtor commissions. allstarcharts.com) It's hard to wrap your head around the numbers with Nvidia's ($NVDA) new chips. hbr.org) Why you can ignore all the magazine cover commentary. spyglass.org) AI is coming for every company you own.

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Monkeys Go Home

Inside Information

If you’re as old as Methuselah, like I am, you might remember a pivotal moment in the evolution of the planning profession, when Forbes magazine noticed that brokers, life insurance and tax shelter salespeople were starting to call themselves ‘financial planners.’ Pandemonium!

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Twas Ever Thus

The Irrelevant Investor

From Sebastian Mallaby's More Money Than God : "Between the close of 1968 and September 30, 1970, the 28 largest hedge funds lost two third of their capital, Their claim to be hedged turned out to be a bald faced lie; they had racked up hot performance numbers by borrowing hard and riding the bull market. Manager has a winning streak.

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The Lobbying ‘Tell’

Inside Information

This is the time of year when the various industry magazines come out with their broker-dealer surveys, listing the ‘top’ BD rankings based on total revenues or the number of ‘producing’ reps. The number of reps gives the FSI the appearance of heft in its primary activity, which is lobbying. What is it lobbying for?

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Transcript: Joanne Bradford

The Big Picture

She has a number of investments as as really a entrepreneur and a venture investor. And so I ended up working at Business Week Magazine for almost 13 years. But yeah, I was making commission at that point in time. And so the magic number was $388 a month. That they could add to PayPal’s numbers. It was fun.

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7 Steps To Declutter Paperwork Including Financial Documents

Clever Girl Finance

Shred Anything with sensitive personal information, like your name, address, social security number, or account numbers, goes into the shred pile. Note: This is an affiliate link, which means if you buy from it, we may earn a small commission which helps us grow! Also having an at-home safe is a good idea.

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Does being a fiduciary financial advisor REALLY matter – or is it “meh?”

Sara Grillo

If their sole method of compensation is a product, and/or they are taking commissions, then in reality it is less likely they are embracing all the values that the standard requires. Commissions are opaque. Rostad is the author of articles, papers regulatory comment letters and a frequent contributor to Advisor Perspectives Magazine.