Originally Posted by
Balance
Another well trained investor of the Carmel Fisher school of investing.
You guys are trained so well that you actually think lousy performances are acceptable!
And return of capital as dividends!!!!
So you give someone $1. She badly manages the money and it's down so she says I will give some of your money back every quarter. Meanwhile, she still charges you 3%+ pa to manage and administer your money!
If a bank does that, I can imagine the hue and cry.
But dress up a pig with lipsticks and there are some who actually believe it's pretty!
Clap clap!