Lawmakers’ probe of British stockpicker and broking giant could shake up the fund industry, analysts say
This article is posted as a warning that you MUST do your own due diligence on any investment advice you get from any source, including this website. A post-mortem by British lawmakers and regulators into the suspension of the U.K.’s best known stockpicker’s flagship fund could expose some systemic flaws in the fund industry, analysts […]
During the dotcom bubble of investing there was one company who, in their prospectus for their Initial Public Offering (IPO), stated that “We have a history of losses, and, because we expect our operating expenses to increase in the future, we may NEVER become profitable.”
Now that should have scared off the investors in a huge way but it didn’t. It still scares me.