Thread: mutual funds
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Old 01-20-2003, 01:31 AM  
KRL
Entrepreneur
 
Join Date: Oct 2002
Location: USA
Posts: 31,429
OMG this is all so comical. Back before the 87 CRASH I setup a financial information network in partnership with one of the biggest firms on Wall Street. I dealt with analysts who handled the major clients for this firm. I got real chummy with these guys. They let me in on so much stuff that goes on in the financial services industry it was mind boggling, and I will tell you flat out after that experience I had zero faith in the integrity of the so called professionals handling so much investment money.

The investment industry is right up there with the legal profession in terms of greed, colusion, insider deals, and outright crookedness. Its a snake pit and they laugh when people send them checks.

The best investment advice is keep your money in your own businesses and other venture deals or investments where you have control over them.
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