Beware Earned Dogmatism A Hidden Risk In Money, Work, And Life

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News Source : Forbes

News Summary

  • In finance, as in life, ignorance often derails us, but so too can the confidence that we already know enough.
  • Once an advisor feels like he or she has arrived, it’s easy to allow this pinnacle to become a plateau in curiosity and continuing education.
  • The best advisors will always be open to testing former hypotheses and determining whether newer ideas will better serve their clients.
  • As a client, I believe you don’t want a know-it-all advisor; you want an intellectually curious advisor.
Upon college graduation in 1998, I went to work for a brokerage firm called Legg Mason, the largest outside the New York orbit, and the pride of Baltimore. That pride came from star manager Bill Mill [+5326 chars]

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