Grandich Tidbits

  • Well into my fourth decade in and around Wall Street, I’m sorry to say I’ve seen this all-too-often – investors overload and all set to be plucked. But in all my years, I never seen such high complacency with economic conditions not remotely close to supporting the overwhelming view.

If history is any indication, too many of them end up caught offside and act like deer in the headlights (when they should have made prudent changes). This of course is aided by their financial advisers telling them this standard party line.

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