Fund Manager = "Clueless"

This is a discussion on Fund Manager = "Clueless" within the The Foyer forums, part of the Off the Grid category; http://news.bbc.co.uk/1/hi/business/2776175.stm A strong belief that I've always held ! Why pay someone else to lose your money (when you can ...

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Old Feb 23, 2003, 1:36pm   #1
 
JJL3142's Avatar
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Fund Manager = "Clueless"

http://news.bbc.co.uk/1/hi/business/2776175.stm

A strong belief that I've always held !

Why pay someone else to lose your money (when you can do it yourself !).


Any other thoughts ??

P
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"$100 INVESTED AT 7% INTEREST FOR ONE HUNDRED
YEARS WILL BECOME $100,000 AT WHICH TIME
IT WILL BE ABSOLUTELY WORTHLESS "
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Old Feb 23, 2003, 3:42pm   #2
 
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I've been in Finance for many years and have always been of the opinion that they are all misinformed fudamentalists being wined and dined by accountants and companies being paid rediculous amounts of bonuses even when they make a loss! What about split investement trusts last year in the UK 20,000 people lost 6 Billion - I Repeat SIX BILLION and these peasants continually lined their own pockets. They are pathetic they should be outed never allowed to work in the investment field again - they should all lose their houses big cars fat pension schemes. and sent to devils island to do hard labour for 20 years. Lets link also the Insurance and Pension Fund Managers. Will it happen no - Pay them off with million pound payoffs - Thats the way !! The worlds gone mad !!! we should have a website in the UK like www.F-----company.com in the USA and name these scroungers!!
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