I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.
Michael Lee-ChinFrom an early age my mother told me that there were so many of us that if I was to get anything in life I would have to get it myself. So I did.
Michael Lee-Chin