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How this Wall Street broker changed his ways

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By startdig Markets and Investments

One of the ironies of evidence-based investing is that some of its most vocal proponents used to take an entirely different view.

Now, the ex wall street broker writes one of the world’s most successful investment blogs, The Reformed Broker, advocating long-term, low-cost investing through trusted advisers who meet the fiduciary standard.

Vital though the cost issue is, Josh says there’s an even more important message that he wants to get across to investors, and that’s about the link between risk and return. Periods of market volatility, he says, are the inevitable price we pay for achieving our investment goals.

 

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