Summary Problem: Tommy, a single taxpayer with no dependents, has the following items that may affect his 
Definitions:
Security Selection
The process of choosing stocks or other securities for investment, aiming to achieve better performance than a selected benchmark.
Asset Classes
Categories of assets, such as stocks, bonds, real estate, and commodities, that exhibit similar characteristics and behave similarly in the marketplace.
Agency Problems
Conflicts of interest that arise when there's a disconnect in objectives between decision-makers (agents) and the owners (principals) of an entity.
Corporate Spies
Individuals or entities that engage in espionage or intelligence gathering on competitors for commercial purposes, not for national security.
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