
13th April 2006, 05:27 AM
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Member
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Join Date: Jan 1970
Posts: 2,428
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In a item I read in the Financial review, the index out performed 70% of fund managers.
Now that`s a worry ...
It raises the question what the hell are those guys doing in between their BMWs , Expence accounts , suits, functions & long lunches.
All fluff & no substance.
Its got me beat how 70% can be still licenced.
Maybe they should give reason each year why their licence should be
re-instated.
Maybe they should call it a...
Playing Games with other peoples money with very little due dilligance but charge fees anyway Licence.
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Cheers.
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