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Re: GREGG THE GREEK post# 86432

Saturday, 05/27/2023 10:32:34 AM

Saturday, May 27, 2023 10:32:34 AM

Post# of 99323
"Financial advisors" from take your pick of pretty much any "investment management" firm. I never heard a different story from any of them, large or small. Only one, in my experience, would tell me what their ROI on average was for their clients, though whether it was a real number I couldn't say.

The usual answer was "we can't due to client confidentiality." But they could always produce choice "representative" samples of unnamed client portfolios. wink

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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