Key Takeaways Brendan Foody is the CEO of Mercor, an AI talent and data-labeling platform. In a post on X, Foody said that he received “too many” job applications from young people who were “serial job hoppers.” These candidates “jump to the hottest company every year” without building “something extraordinary,” he said. Brendan Foody, the…

With concerns rising over concentration risk as valuations for many large cap stocks appear too high and companies like SpaceX file for record-setting IPOs, advisors are focused on diversifying their clients’ portfolios. For clients who invest primarily through ETFs and mutual funds, advisors often turn to a combination of direct indexing, long-short strategies and structured…