FYI: (This Is A Follow-Up Article.)
I have given a lot of talks, a lot of times, in a lot of places and said stuff like this and never gotten that type of response,’ Fisher said initially
But now it’s starting to hit home. On Wednesday, the City of Boston pulled about $248 million in pension funds from Fisher Investments.
Earlier: Wealth manager Ken Fisher apologizes after backlash for off-color comments
Previously, Michigan’s state pension fund pulled about $600 million, and Philadelphia divested about $54 million. The exodus may not be over. Reuters reported that the city of Los Angeles was also re-considering its relationship with Fisher.
It’s everyone trying to show how much they care, the kind of crap that could only happen during a Trump presidency...I almost miss the Obama years when the mainstream media establishment was having it’s worst ratings.
Do I think Fisher should speak that way in public- meh, I wouldn’t, but this current climate of trying to put a face to all this outrage is designed to instill fear. I’m not talking about the woes of a billionaire here, if this is the future then this can happen to anyone.
Couldn't happen to a nicer guy. The lesson for us mere mortals is don't put all you investment eggs in a one man show basket. How many other mutual funds and investment firms has this happened to!
This sort of outing happens on either side of the aisle. My mistake was adding my thoughts around a former and sitting president and playing devils advocate to this lynch mob of a thread.
>> to show how much they care, ... could only happen during a Trump presidency
Very cool. Attributing a rise in compassion real or faux to this toddler president is a splendid thought, one that has never occurred to me.