G. Scott Clemons, CFA, discusses takeaways from the 2008 financial crisis that can be used to advise clients how to properly invest their money.
G. Scott Clemons, CFA, discusses takeaways from the 2008 financial crisis that can be used to advise clients how to properly invest their money. Clemons focuses on various topics such as the flawed conventional definition of risk, why passive investing is not riskless investing, the fallacy of relative returns, the underappreciated role of cash as a call option, and the difference between wealth and money.