European Investors Paying $1,300 an Hour to Talk to 'Experts'

The video discusses the impact of MiFID rules on research costs, leading investors to pay for insights like AI. It explores the role of expert networks, their past legal challenges, and how they are regaining popularity in Europe. The importance of compliance and the associated costs are also highlighted.

What has been a significant consequence of the MiFID rules for investors?

• Simplified investment processes

• Reduced need for expert networks

• Higher costs for unconventional insights

• Increased access to free research

Why are expert networks viewed with caution on Wall Street?

• They lack credibility in the financial industry

• They offer outdated information

• They have been linked to legal issues in the past

• They are too expensive for most investors

How have expert networks managed to rebuild their reputation?

• By focusing on compliance and expanding in Asia

• By partnering with hedge funds

• By reducing their fees significantly

• By offering free services

What is a potential benefit of using expert networks despite their high fees?

• They can facilitate deals effectively

• They provide free legal advice

• They guarantee investment success

• They eliminate the need for compliance

What compliance measure is highlighted in the discussion of expert networks?

• Establishing a large compliance group

• Implementing strict insider trading policies

• Hiring more financial analysts

• Reducing the number of experts