I came across an extremely relevant and appropriate quote recently, “Nothing so undermines your financial judgement as the sight of your neighbor getting rich.” – J.P. Morgan (h/t Jesse Felder)
It’s been a while since I’ve made a video, but, given the conversations I’ve been having as of late, it’s time.
How do you know if an asset is cheap, expensive or fairly priced? In this new presentation, I walk through valuations, how they’re calculated, what has made them so reliable for predicting future returns, and why we need to constantly remind ourselves of this principle when the temptation to chase performance in overpriced, poor quality assets grows strong.
After seeing a previous video, one of my clients recently commented that many people don’t even know the right questions to ask or what to listen for when hiring a financial advisor. They suggested it might be a good video topic. I agree.
Continue reading “[Video] – Questions You Should Ask When Hiring A Financial Advisor”