Does strong sales culture matter more than good returns for financial success as money manager?

you need to be a constitutionalist as well but it's not so diffuclt. not sure why in general the globalist would back himself in keeping all the right people in power if he can't do the basics. its a tremendously fragile position.
 
Fisher manages money for two persons I know. Min was $500K. Fees were ~ 1%. Both seemed happy. Preservation of capitals were more important to them than absolute return. When I talked to Fisher years ago, their pitch was more geared toward downside protection.
 
The one question that clients should ask their active managers is ...

Why should I invest in your active fund when you charge a few times more for long-term under-performance compared to cheaper, more liquid passive stock index funds/ETFs?
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Reasons could include; Ken F gives away good stock info + books.One of his reps asked me before he mailed the free book '' is your account $500,000/our minimum ??''. I politely told him ''i'm not telling you ''[ as if that was any of his business LOL] Good read .............................................................................................................................
 
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