Adviser Quotes - Page 5

• Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is an elaborate fraud.

  Michael Lewis

  Wall, Army, Dollars

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• ... skepticism about past returns is crucial. The truth is, much as you may wish you could know which funds will be hot, you can't - and neither can the legions of advisers and publications that claim they can. That's why building a portfolio around index funds isn't really settling for average. It's just refusing to believe in magic.

  Bethany McLean

  Believe, Past, Average

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• There is no reason to feel any shame in hiring someone to pick stocks or mutual funds for you. But there's one responsibility that you must never delegate. You, and no one but you, must investigate whether an adviser is trustworthy and charges reasonable fees.

  Benjamin Graham

  Responsibility, Investing, Shame

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• Only in the exceptional case, where the integrity and competence of the advisers have been thoroughly demonstrated, should the investor act upon the advice of others without understanding and approving the decision made.

  Benjamin Graham

  Integrity, Decision, Advice

  Benjamin Graham (1959). “The Intelligent Investor: A Book of Practical Counsel”

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• Before you place your financial future in the hands of an adviser, it's imperative that you find someone who not only makes you comfortable but whose honesty is beyond reproach.

  Benjamin Graham

  Honesty, Hands, Investing

  Benjamin Graham (1965). “The Intelligent Investor: A Book of Practical Counsel”, p.65, Prabhat Prakashan

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• If fees consume more than 1% of your assets annually, you should probably shop for another adviser.

  Benjamin Graham

  Investing, Fees, Assets

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• I have an accountant, obviously, because I'm self employed, and I use an independent financial adviser. I trust my accountant because we have worked together for a long time now.

  Richard Armitage

  Independent, Self, Long

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• In their leaders, advisers, and experts, people much prefer overconfidence, total certainty, to any kind of doubt.

  Michael Lewis

  People, Leader, Doubt

  Source: www.businessinsider.com

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• As a young kid, I wasn't really interested at that stage - getting financial advice was far from my mind. I was focused on playing football. But I got onboard with this financial adviser and I heeded his advice, and that was my smartest money decision.

  Robbie Fowler

  Football, Kids, Decision

  "How Robbie Fowler became one of the richest footballers ever - but not by playing". Interview with Donna Ferguson, www.mirror.co.uk. May 16, 2017.

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• My advice for the next commander in chief: Listen to your military advisers. Listen to your generals. They are the experts. Even if you have a commander in chief who has served in the military, that person still isn’t engaged on a daily basis. The generals will know best.

  Ralph Abraham

  Military, Advice, Next

  "Congress at War". www.politico.com. July, 2015.

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• Barack Obama is the most Jewish president we've ever had (except for Rutherford B. Hayes). No president, not even Bill Clinton, has traveled so widely in Jewish circles, been taught by so many Jewish law professors, and had so many Jewish mentors, colleagues, and friends, and advisers as Barack Obama.

  Jeffrey Goldberg

  Law, Circles, Mentor

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• Every adviser told me to study the company, learn the business for the first 90 days and don't make any decisions. I couldn't resist seeing broken things and immediately taking action.

  Marcelo Claure

  Broken, Decision, Firsts

  "The Plan to Fix Sprint". Interview with Ryan Knutson, www.wsj.com. October 25, 2015.

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• There's an enormous amount of corruption, and as one American adviser put it to me, "The police in Afghanistan are thugs. We equip them, we train them, and now they are equipped and trained thugs."

  Jeff Merkley

  Thug, Police, Corruption

  Source: www.pbs.org

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• Donald Trump has fired a campaign adviser for posting racist remarks on Facebook. Isn't that shocking? Donald Trump has a campaign adviser.

  Conan O'Brien

  Campaigns, Racist, Trump

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• This is a huge decision [to choose advisers and Secretary of State]. This is where he [Donald Trump] has the least experience and will have to rely on people with experience.

  George Stephanopoulos

  People, Decision, States

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• I`m just learning that according to a source familiar with the transition process, President-elect Donald Trump intends to select Lieutenant General Michael Flynn as his national security adviser.

  Lawrence O'Donnell

  President, Transition, Select

  Source: www.msnbc.com

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• Lieutenant General Michael Flynn ran the defense intelligence agency from 2012 to 2014. He served as a top national intelligence adviser to General Stanley McChrystal in Iraq.

  Lawrence O'Donnell

  Agency, Iraq, Defense

  Source: www.msnbc.com

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• National security adviser is not a position that requires confirmation. This is a pick that like [Donald Trump] Chief of Staff, he gets to choose on his own and have installed.

  Lawrence O'Donnell

  Confirmation, Staff, Trump

  Source: www.msnbc.com

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• Politico reports, multiple advisers to the Right To Rise super Pac concede privately that the $40 million spent on positive ads aimed at telling Bush`s story yielded no tangible dividends.

  Chris Hayes

  Stories, Tangible, Pacs

  Source: www.msnbc.com

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• The National Security Adviser is supposed to be an arbiter of policy and open minded in internal debates. But the playing field was never balanced. It was always tilted toward Rumsfeld's position, which is obviously the same as Bush's.

  Seymour Hersh

  Fields, Open Minded, Debate

  Source: www.progressive.org

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• A top McCain policy adviser claimed this week that McCain's work in the Senate helped create the BlackBerry, saying, 'You're looking at the miracle that John McCain helped create.' He then handed the BlackBerry to McCain, who attempted to withdraw $20 from it.

  Amy Poehler

  Miracle, Week, Policy

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• Inside the White House there were always extreme amounts of doubt about whether they should be escalating in Afghanistan. In fact, most of the president's advisers said, "This is probably not going to work." A lot of people in the military said, "This is probably not going to work."

  Michael Hastings

  Military, White, People

  Source: www.guernicamag.com

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• I think that it depends what you mean by successful. If you mean 'make money' you need to be part of the machine unless you're one of those superhuman people who can do everything by yourself, and have workaholic tendencies and really good advisers and a good investor.

  Sia Furler

  Mean, Successful, Thinking

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• Was that Donna Brazile, a CNN analyst, or a [Hillary] Clinton partisan? Two batches of emails posted by WikiLeaks show Brazile gave Clinton advisers a heads up about questions the candidate might receive at CNN events during the primaries.

  Donna Brazile

  Two, Cnn, Email

  Source: www.npr.org

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• White House political adviser Karl Rove was one of Robert Novak's sources for the 2003 disclosure of a CIA operative's identity, according to a story published today in "Duh" magazine.

  Andy Borowitz

  White, House, Political

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