Rethink. The Financial Advisor Podcast - Episode 67: Can a Fiduciary Mindset Improve Society? Featuring George Kinder
Check out this special edition where Adam & Derek have a follow up conversation with the Father of Life Planning, George Kinder, who previously joined us on Rethink Episode 15.
Find out what George has been up to, the stance he’s taking on what it means to be a Fiduciary and how he would like to see it applied to society, and learn about his new book!
In this episode George, Adam and Derek chat about:
Salespeople/media (short term thinking) VS Fiduciaries/planners (long term thinking) - But being a salesperson, like most advisors start out as is all about short term survival, hard to move to long term think when I can’t pay rent.
How can we not have a fiduciary civilization when we are global?
Fiduciary means a steward of other’s best interests (not our own) and how Human beings are naturally selfish - how can we have both?
Corporations can be more than fiduciaries to their shareholders
The Fiduciary Standard, applied to media, etc. could help us fix the issue of people not even being able to talk about our differences anymore
Altruist ideals vs. Human self interest on a global scale
Limited liability is the root cause of removed responsibility (protection from personal responsibility)
And lots more!
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