Robo advisors suffer from a common flaw, according to Zvi Bodie. They don’t use a “safety first” methodology and are exposing users to unnecessary risks.

Show notes

We reference a handful of articles and presentations during this podcast, please see those listed below.

• Here are the slides from the presentation by Bodie discussed in the beginning of the podcast.
• The recent Advisor Perspectives’ article on fixed-index annuities (A Close Look at Ibbotson’s Research on FIAs) was referenced as well as an earlier article about single-premium immediate annuities (An Annuity Hater Revisits SPIAs).

About Zvi Bodie

Zvi Bodie is a financial consultant, lecturer, educator, and founder and CEO of Bodie Associates. He is also a professor emeritus of finance at Boston University. But he iis best known as coauthor of Investments by Bodie, Kane, and Marcus, the leading investments textbook by far, now in its 11th edition. He has also coauthored two "mass-market" books on personal investing and maintains a website, zvibodie.com, to help people seeking advice about worry-free investing, also known as safety-first investing.

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