Episode 398: Tom Hardin - Ethics, Financial Crime, and Redemption

This is the Rational Reminder Podcast, a weekly reality check on sensible investing and financial decision making from two Canadians. We're hosted by me, Benjamin Felix, Chief Investment Officer, and Dan Bordolotti, portfolio manager at PWL Capital. We got a good episode today. It was a different episode. Now this podcast, we try to make episodes that are about sensible investing and financial decision making, and this is a

bit of a different angle on that, but I think it still very much fits with the theme of the podcast. So we talked to Tom Harden, who is also known as Tipper X. Tom was an informant for a massive securities fraud investigation. Tom was actually arrested.

I mean, he was an informant because he got busted for securities fraud. We talked to him about his experience, but also it's just a conversation really about ethics and about how the line between what's right and what's wrong can blur depending on the environment that you're in and the path that that led Tom down. It's fascinating to hear and as we said, I can't remember if I said this in the recording or or afterwards to Tom, but when I read his book, I couldn't help but put myself in his shoes. He's in all of these unbelievably difficult situations where he's making really tough decisions. It's quite an experience reading the book and imagining yourself in those situations, especially for me as someone who works in that field.

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