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Financial Literacy vs. A Fiduciary Standard: Which Matters More?

FYI: If you could snap your fingers, Thanos-style, and accomplish one of these two things, which would you choose?

Provide every American with an effective, thoughtful education in personal finance, i.e. financial literacy; or
Implement a universal, fiduciary standard on all participants in the financial industry.

I would choose #2.* Here’s why.
Regards,
Ted
https://abnormalreturns.com/2019/05/26/financial-literacy-vs-a-fiduciary-standard-which-matters-more/
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