Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Because they are great sales people? Because some rich people are stupid? Because this time it's different? Because they can?Warren Buffett has been making this point for years, and rather more persuasively.Reminds me of the days when the Harvard alumni rose up in indignation at the modest fees being paid to run their multi-billion dollar endowment.
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Because they are great sales people? Because some rich people are stupid? Because this time it's different? Because they can?
Warren Buffett has been making this point for years, and rather more persuasively.
Reminds me of the days when the Harvard alumni rose up in indignation at the modest fees being paid to run their multi-billion dollar endowment.
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