Archive for July 27th, 2010

Investor Fraud Out in the Open

~ Tuesday, July 27th, 2010

Years ago I attended a lunch of investment advisors–firms managing $500 million to $5 billion. The conversation led to investment performance and a guy at my table explained how he had a firm and for 10 years, their performance was lousy.  I asked about his losing clients and he said it was not a problem.  [...]