Advisor Caught Stealing?
SUMMARY:
On today’s Five in Twenty video, Casey and Brad tackle five topics in less than twenty minutes! Topics include just like 2000, advisor caught stealing, digital assets, wrong market analysis, and free money.
Just Like 2000
Are there similarities between tech stocks now vs tech stocks in the year 2000?
Advisor Caught Stealing
This occurred at a firm in Miami, FL. These investment professionals abused their position and acted in a fraudulent way.
Digital Assets
Digital asset investments saw a third consecutive week of outflows totaling $75 million USD.
Wrong Market Analysis
Mechanical models and predictions are more accurate than those made by a person. Aggregating forecasts can reduce noise, but not necessarily bias.
Free Money
There have been unintended consequences due to stimulus checks that have affected many families.
TIMESTAMPS:
0:20 Just like 2000?
4:00 Advisor Caught Stealing
9:45 Digital Assets
12:27 Wrong Market Analysis
17:22 Free Money
LINKS:
Learn more about Casey Smith and connect with him on Twitter.
Learn more about Brad Lyons.
Learn more about Matthews Barnett.
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