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In this latest pile of TRAP, the Trap Pack discuss

Topical issues, including Paddy Andrews Métis Norway appt, US$90 trillion to move between generations, surge meeting review, SPIVA S&P Global, the passing of Danny Kahneman, another unregulated investment scheme goes belly up, Ali Hussain in the Sunday Times on adviser fee refunds
Meat and Potatoes: AI
Questions posted by our beloved TRAPists www.twitter.com/@SamColbyButcher and https://www.linkedin.com/in/janemcaleese
Culture Corner

Links referred to in the show:

CW: Paddy Andrews appointed Director at Metis Ireland: https://businessplus.ie/news/metis-ireland-paddy-andrews/
NRL: 4 million US citizens will turning 65 every year until 2030. “A study from Knight Frank details that over $90 trillion in assets will move between generations over the next 20 years.”: https://www.morningstar.com/financial-advice/record-number-americans-are-turning-65-thats-great-news-financial-advisors?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_advisordigest&utm_content=52931
AH surge meeting season over, thoughts, reflection, points to note.
CW: Would a round table of active fund managers say the same? https://citywire.com/new-model-adviser/news/do-etf-bosses-invest-in-their-own-products/a2439481?re=118846&refea=1287904
AH - Spiva S&P Global - https://www.spglobal.com/spdji/en/research-insights/spiva/
NRL: “For all his knowledge of how foolish investors can be, Danny didn’t try to outsmart the market. “I don’t try to be clever at all,” he told me. Most of his money was in index funds. “The idea that I could see what no one else can is an illusion,” he said.
“All of us would be better investors,” he often said, “if we just made fewer decisions.” Jason Zweig (paywall) article on the late Danny Kahneman: https://www.wsj.com/finance/investing/daniel-kahneman-behavioral-economics-270c9797?mod=djintinvestor_t
CW: Solar 21 going pear-shaped despite “ray of light” last summer: https://www.independent.ie/business/court-appointed-restructurers-say-michael-bradleys-firm-owes-debt-to-solar-21-that-is-in-arrears/a1830592521.html
NRL: Ali Hussain Tweet: https://x.com/AlihussainST/status/1776848661202293000?s=20
NRL: Peter Mallouk, CEO of Creative Planning, on Morningstar Long View podcast: https://www.morningstar.com/personal-finance/peter-mallouk-financial-advice-industry-is-still-very-messy?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_advisordigest&utm_content=52931

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43 - The One About AI (Alan's Infatuation)

TRAP: The Real Adviser Podcast

43 - The One About AI (Alan's Infatuation)