J. Backus wrote:
This is a perfect example of why one shouldn’t put their complete trust in someone else to manage their investments. Unfortunately this type of story is all too common as the investment advisor lobby tries to convince us that they know best.
Potential investors need only do a little homework to become effective investors. And the savings in fees is often enough in and of itself to make the difference.
Truer words could not be spoken.
And for most, not all, no matter how wrong they have been, they will fight to the death to convince you otherwise.
There is no better example than on this thread.