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Doug Goldstein, CFP, director of Profile Investment Services Ltd., and Harvard professor Mihir Desai discuss his book The Wisdom of Finance: Discovering Humanity in the World of Risk and Return.

Professor Desai shares his belief that the financial system is broken and his suggestions on how to return to a human-focused approach. He explores the common misconceptions in financial advising and proposes a solution to those problems.

Also: Can global diversification increase your portfolio returns? Doug offers a free resource for investors wanting to get into the global market.