Hello Buck,

Thank you for your kind words, and even more so for sharing your commentary. I will take a look at 'Satisfying the Prudent Man.' Thank you for referencing it. For the rest of those reading this comment stream, here is a link to a discussion around the paper: https://www.meetup.com/SectorSurfers/events/234578860/ I have not read it/listened to the presentation yet, so have not formed an opinion.

The issue of how we get more of the participants in the financial system to acknowledge reality, rather than distorting it with personal preferences and prejudices, remains Job One of financial professionals, in my mind. Thank you for highlighting the issue.

Yours, in service,

Jason