Comments on: Advisors Ostracized For Passive Investing Opinions http://wheredoesallmymoneygo.com/advisors-ostracized-for-passive-investing-opinions/ A personal finance blog written by Preet Banerjee Tue, 22 May 2012 02:17:21 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: This and That: The Age of Frugality | Income Trust | Personal Finance | Real Estate SEO http://wheredoesallmymoneygo.com/advisors-ostracized-for-passive-investing-opinions/#comment-3296 This and That: The Age of Frugality | Income Trust | Personal Finance | Real Estate SEO Fri, 15 May 2009 12:22:27 +0000 http://www.wheredoesallmymoneygo.com/?p=1097#comment-3296 [...] It is a pretty sad state of affairs but Preet points out that advisors who don’t pretend that costs don’t matter are ostracized by fellow advisors. [...] [...] It is a pretty sad state of affairs but Preet points out that advisors who don’t pretend that costs don’t matter are ostracized by fellow advisors. [...]

]]> By: This and That: The Age of Frugality | Canadian Capitalist http://wheredoesallmymoneygo.com/advisors-ostracized-for-passive-investing-opinions/#comment-3295 This and That: The Age of Frugality | Canadian Capitalist Fri, 15 May 2009 11:27:42 +0000 http://www.wheredoesallmymoneygo.com/?p=1097#comment-3295 [...] It is a pretty sad state of affairs but Preet points out that advisors who don’t pretend that costs don’t matter are ostracized by fellow advisors. [...] [...] It is a pretty sad state of affairs but Preet points out that advisors who don’t pretend that costs don’t matter are ostracized by fellow advisors. [...]

]]> By: Mark Wolfinger http://wheredoesallmymoneygo.com/advisors-ostracized-for-passive-investing-opinions/#comment-3294 Mark Wolfinger Thu, 14 May 2009 13:23:50 +0000 http://www.wheredoesallmymoneygo.com/?p=1097#comment-3294 Preet, You said it well, but I sense a fear of baring your soul. I went further than you: http://blog.mdwoptions.com/options_for_rookies/2009/05/integrity-where-is-it-hiding.html "So it’s a sad commentary on the state of affairs that the advisors who stand behind science, common sense and due diligence get ostracized by their colleagues" It's normal behavior. These guys are protecting their income stream and the best interests of the client come in a distant second. Don't we see this all the time? Corrupt policemen are protected by a code of silence, when everyone would be better served if those bad guys were identified and fired. Don't the unqualified doctors get protected by their peers? If those quacks lost their licenses, then malpractice insurance would cost much less (at least in the States, don't know if doctors need that insurance in Canada), benefiting everyone. Preet,

You said it well, but I sense a fear of baring your soul. I went further than you: http://blog.mdwoptions.com/options_for_rookies/2009/05/integrity-where-is-it-hiding.html

“So it’s a sad commentary on the state of affairs that the advisors who stand behind science, common sense and due diligence get ostracized by their colleagues”

It’s normal behavior. These guys are protecting their income stream and the best interests of the client come in a distant second.

Don’t we see this all the time? Corrupt policemen are protected by a code of silence, when everyone would be better served if those bad guys were identified and fired.

Don’t the unqualified doctors get protected by their peers? If those quacks lost their licenses, then malpractice insurance would cost much less (at least in the States, don’t know if doctors need that insurance in Canada), benefiting everyone.

]]> By: Mike Bayer http://wheredoesallmymoneygo.com/advisors-ostracized-for-passive-investing-opinions/#comment-3293 Mike Bayer Thu, 14 May 2009 04:30:49 +0000 http://www.wheredoesallmymoneygo.com/?p=1097#comment-3293 Great post Preet, It is very frustrating when you are restricted from expressing your deeply held beliefs and opinions. Especially when they are backed by the very best academic research in the world. regards, Mike Bayer, CFP Great post Preet,

It is very frustrating when you are restricted from expressing your deeply held beliefs and opinions. Especially when they are backed by the very best academic research in the world.

regards,

Mike Bayer, CFP

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