A 14th century Franciscan friar, William of Ockham, is credited with having formalized the principle that "simpler solutions are likely to be more correct than complex ones."
Do people learn to serve as fiduciaries through education, coaching, experience and working with clients – or are we hardwired to be good fiduciaries? Or bad ones?
A previous six week rebound rally had cleared many technical hurdles, burned lots of investor pessimism as fuel, exploited a ‘free pass’ on economic data and priced in more trade progress. And now?