There was an excellent post yesterday in the Wall Street Journal Online on How the Rich Invest. The summary was: the rich don’t invest in ETFs and Mutual Funds – but allocate more to actively managed opportunities like Hedge funds that are out of the reach of the less rich. […]
Outlook
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We are going to post this directly from the full article because it is such a great piece about Financial advisors fees. "Brokers, Financial Advisors, & Investing for the Wealthy The traditional broker-client relationship is crippled by a fundamental conflict of interest: the broker is not directly compensated for giving […]
We have spent a good part of the day trying to find information about Fund Managers to create accounts for them on Covestor to let members compare their own performance to. What is surprising is how little information is available relating to these individuals. Searching through the 100 largest funds […]
Some good reading on oversized funds and some of the stock blogs we are reading at the moment: Why fat funds need diets: Excellent Kiplinger article from May edition on why money piling into funds affects their performance Remember what Buffet said about HF fees?: Warren buffets shareholder statement about […]