Personal Finance is Personal Writes Housel

Financial analyst Morgan Housel draws a parallel between medicine and investing to make a simple, but important, point: “personal finance is deeply personal” so “coming up with a solution that lets you sleep at night, rather than one that’s academically superior, is how [a financial advisor] help[s] people.” He analogizes the “doctor knows best” era of medicine to the current state of financial advising, arguing that investing needs a “moment of clarity” similar to the… Read More