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Are the incentives of firms with a business model that is predicated on buying (“rolling up”) individual fiduciary advisors to achieve economies of scale in direct conflict with the interests of the clients they serve? Would clients be better served by unaligned, independent RIAs with a fiduciary intent?
Are Americans no longer the restless go-getters they once were? Has our culture changed in ways that impede economic progress instead of naturally promoting it?
Why are there so few women (and other minorities) in the asset-management industry?
Is deflation a beneficial byproduct of innovation and productivity gains? When should central bankers intervene to stoke inflation?