My latest post for Alpha Baskets looks at the extent to which the world, investing and otherwise, is changing and the importance of keeping up. From the post;
Capital markets are no different. Certain jobs don’t exist anymore or there are fewer of them (like exchange personnel) and new products have come along that seek to offer new exposures or tap into some trend. Current jobs will disappear (robo advisors will supplant some portion of RIAs even if not a lot of them) and products will continue to evolve.
Please click through to read the entire post.
The picture is from the prescribed burn that I mentioned earlier this week.