The Evolution of an Investor
Posted by Brent Everett on Fri, Sep 03, 2010 @ 01:00 PM
This is a very informative and entertaining article by best-selling author Michael Lewis. It's Labor Day, so print it or download it and enjoy.
Blaine Lourd was an extremely successful stock broker and, at the height of his career, was an advisor to many well known celebrities. This is his story. If you've long suspected that Wall Street puts its own interest ahead of the client's, this will certainly make that belief crystal clear. But, the article goes beyond the sordid truth about broker behavior and suggests a better business model. You just may recognize it.
