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One-Man Think Tank: With even governments abandoning pension plans, investors are being tossed to the fee-hungry wolves

Disclosures don't deal with the psychological issues of risk aversion, overconfidence, and cognitive dissonance.

Author Ron Rhoades, Guest Columnist December 2, 2010 at 5:47 AM
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Ron Rhoades: From a review of the academic literature, it appears that relatively few investment strategies, as to the design of portfolios for individual clients, withstand academic scrutiny.

Stephen Winks

Stephen Winks

December 2, 2010 — 3:56 PM

Ron’s observations are as usual absolutely on target, if only our regulators would heed his wise counsel.

SCW


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