Saturday, May 27, 2023 10:32:34 AM
The usual answer was "we can't due to client confidentiality." But they could always produce choice "representative" samples of unnamed client portfolios.
And remember the 2001 tech stock bubble debacle? Every - and I mean, EVERY - financial advisor I spoke to after that said, "Oh, nOOOOOOO, we didn't over invest our clients in tech stocks." Every. Single. One.
Hence, "stockroaches." Turn the lights on and see what happens.
There. Answer enough for you?
He who knows that enough is enough will always have enough.
~Lao Tzu
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