Would You Fire An Investment Manager Who Averaged 29 Percent Per Year?

Ted

FYI: One of my father’s friends is a Scottish immigrant named Bill. He doesn’t have time for fools. “Could you talk to Bill about investing?” my father had asked. “He just fired his financial advisor.”

At the time, I was visiting my parents. After dinner, Bill dropped by. As Bill poured himself a beer he said, “I’ve had three different investment guys in the past five years. I fired the third guy last week.”
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/would-you-fire-an-investment-manager-who-averaged-29-percent-per-year

LewisBraham

Usually, if you're one of those people who thinks everybody but yourself is a fool, you're the fool.

davidrmoran