Wealth, Freedom & Options With Joshua Belanger
Proof the “Best” Managers Can’t Always Deliver
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:02:58
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Sinopsis
Here's the perfect example that illustrates why the playing field is even in the financial markets… You see, the big boys don't necessarily have an unfair advantage. Take Donald Trump for example… 18 out of the 21 Wall Street funds he has invested in are down so far this year. And they have also underperformed industry benchmarks in the last 15 months too. Now, Trump has defended himself by suggesting the funds have done well over time. And he pointed out they were only worth around $121 million… a small fraction of his net worth of $10 billion. But even so, that's still a poor record… Especially for a man who prides himself on his business acumen. I mean, think about it… Trump has the money and contacts to surround himself with the world's best talent. However, the results he's been receiving are dismal. So the point is… even if you can afford to have the "best" managers, you can't RELY on them to deliver, which is why the playing field is even. So here's the fantastic news… You can beat the big