The gamification of markets spurred by the wave of retail investors has replaced disciplined investment analysis with speculation and conjecture. For a lucky few, the irrational behavior provided short-term success. However, such behavior goes hand-in-hand with steep losses, which—you guessed it—is actually gambling rather than investing.
In today’s market, many advisors don’t realize they are dealing with gambling outcomes, thereby exposing their clients to a gambling risk that continues to grow in severity. This new dynamic makes the mitigation of gambling risk in a portfolio critical and begs the question: Are you rolling the dice with your client’s portfolio? This presentation will cover:
- What does the portfolio of a gambler look like? And how does it differ from a true investor?
- How to identify and mitigate a gambling risk and what causes it specifically?
- Effective tools and strategies to help clients navigate these unprecedented market dynamics
Approved for (1) CE Credit hour towards the CIMA®, CPWA®, CIMC®, RMA®, and AEP®
Sponsored by
Julian Koski
Co-Founder and Chief Investment Officer
New Age Alpha
Andy Kern, PhD
Senior Portfolio Manager
New Age Alpha
David Armstrong - Host
Editor-in-Chief and Executive Director of Content and User Engagement
WealthManagement.com
