gee . . . . you certainly have your blood pressure up after my very polite and well-mannered post.
I think the premise of what Sharls is on about, is the "ethics" of the matter, from both a professional and personal standpoint, by such a media-tart-like financial advisor in the position R.M. is advantageously enjoying.
I find it difficult to conclude that it be "coincidental" he is a 'mere' financial beneficiary as a result of his prolific television interviews and writings aimed squarely (imo) at the retail Mum & Dad investor audience (who are not his clients nor his concern). Is it not reasonable to assume that he MUST be getting 'something' out of all his time being exhausted in such consuming activities (?)
I too can recall that interview he did with Peter Switzer; never before that particular interview had I witness him in such a spruik-frenzied manner (I remember even thinking these words in my reaction to the interview). The pace and the tone were overwhelming, Peter Switzer could hardly stop him going on and on and on about the fantastic bargain buy AGI was at $3.90.
Once the sp started it's decline, any questions from viewers to him and his team members were met with evasiveness and no commentary at all. Such an extreme, considering the prior commentary by him shortly preceding that. Suddenly everything is quiet - he is selling while those whom he spruiked to are the one's perhaps now holding up the sp for him to sell into. Surely, on an ethical level, there is something unwholesome, if not alarming about such behaviour (?)
I feel it is the media's fault also, that has contributed to the rise of this fellow's public profile.
And as I beforesaid, R.M. seems to be truly enjoying the many benefits of all the airtime that is being availed to him. What's in it for him giving out all that 'free' advice to a retail investor audience who doesn't pay him anything? hmmmm.
truthbetold.
P.S. I indeed 'do' have a very good fundmanager - he doesn't have to go on t.v. - and he simply does not have the time or NEED - he's busy doing his job without the smoke and mirrors. Expressed in my opinion.
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