It feels like every conversation lately revolves around the latest discovery in AI and how it’s improving x,y, and z. But how does AI impact our industry as Financial Advisors?

David Booth, Chairperson of Dimensional Funds Advisors, recently wrote an opinion piece on AI and the market for the Financial Times. He states, “Can artificial intelligence help pick stocks? More specifically, can investors use AI to determine the fair price of a stock or a bond? I bet a lot of people right now would say yes, given recent advances that allow for the processing of ever greater amounts of information.

I think my AI is better than all the other ones out there. My AI is the market.”

Read his full take on AI here.

Hal Hershfield, a friend of the podcast, recently had an adaptation from his book, Your Future Self: How to Make Tomorrow Better Today”, published in the WSJ.

We love this concept of “getting to know your future self” taught by Hal Hershfield, who studies the psychology of long-term decision-making, because it’s a lot like our philosophy of taking the long view.

One of Hershfield’s most well-known discoveries suggests that when people are confronted with their “future selves,” they experience an emotional connection that can influence long-term financial and ethical decision-making.

Read his article here.

Charles Kafoglis leads our Hillfolio segment and produced a stellar educational resource recently titled “The Greatest Double“.  Many clients connected with the message of the importance of time to the patient investor. Charles is back with a new gem called “The Path to Greater Returns”, a compelling story that extends our understanding beyond time and seeks to prove that your investment rate of return is just as important.

If you find these videos valuable, please let us know. Feel free to share this email and video with a colleague, friend, or serious saver.

You can contact us directly at Charles@HillInvestmentGroup.com or 314-448-4023 if you want to talk about your plan in more detail.