The Asset Allocator: Best Advisors, Part II

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By Joseph Sancio and Seeking Alpha. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

A best-advisor algorithm can only rank abstractions; it cannot rank real people because it can differentiate between qualitative factors like empathy or judgment. This podcast (4:41) argues best-advisor rankings are just business, and not in its best sense. Marketing often carries a negative connotation, but it’s really a neutral method that can be used positively or cynically. Every advisor should define and highlight the value of the service they offer.

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