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Re: mister post# 358191

Friday, 06/08/2012 6:05:01 PM

Friday, June 08, 2012 6:05:01 PM

Post# of 432620
Mister .. Smart enough (BSIE Northeaster University, MBA Harvard Business School) and experienced enough (25+ years on Wall Street) to know that blind loyalty and gullibility, whether it be to financial advisors who are friends or to stocks, is far more likely to result in losses than gains.

I didn't impune your friend's integrity directly. I just asked common sense questions .. none of which you answered .. that any investor doing proper DD would ask on an annual basis at least regarding their financial advisor even if .. make that particularly if .. they are long term close friends. Financial advisors are only as good as their most recent 2 - 3 year trailing performance.

I've seen your story up close and personal hundreds of times and it ALWAYS ends badly. I am not accusing your friend of being a Bernie Madoff .. but the only way he could have run his scheme unchallenged for as long as he did is because all of his investors considered him a "friend" which Bernie worked hard to make sure they felt that they were.

Perhaps if you had done a little DD on me before responding you might have concluded that I just might know what I am talking about on this subject:

http://investorshub.advfn.com/boards/profilea.aspx?user=16749

Before I made my first post to you I clicked on your IHUB profile to learn what I could about you. Nothing.

My last post on this .. I'm sure that the folks on this board have better things to do than read exchanges between us.

Danny



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