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June 29, 2024
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Did you always know that you wanted to run fidelity, and did you feel any pressure to go and run fidelity when you were younger . Abigail i never felt any pressure to and i certainly never knew that i would actually get to the ...
June 29, 2024
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Did you always know that you wanted to run fidelity, and did you feel any pressure to go and run fidelity when you were younger . Abigail i never felt any pressure to and i certainly never knew that i would actually get to the ...
June 29, 2024
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Did you always know that you wanted to run fidelity, and did you feel any pressure to go and run fidelity when you were younger . Abigail i never felt any pressure to and i certainly never knew that i would actually get to the ...
June 21, 2024
Service, im sorry, fidelity, but 50,000 which is i believe relatively small balance all in concert twice and product under 50 basis points. Can i jump in wax i think the best interest contract is simple. Its just a thing make promise to clients youre putting their best interest first, develop policies to make sure your monitor your employees and be accountable if you did not do that. This 400 pages of proposed regulation are proposed regulation. The department did not comport think this is the p...
June 21, 2024
One issue is even if there are no abuses the industry cannot handle having a best interest standard applied to these recommendations. Thats what the dol is doing. Its almost the standard that is applied to broker dealers under the suitability standard. The recommendation must be consistent and you look under the hood and it turns out these are some of the worst violations that you can find. In one case the court said this was egregious misconduct. These are cases if many if not most broker deals...
June 20, 2024
We are set up what may be a slightly lower open. Lets get to the road map. It starts with phone. Wallets, watches, apples event kicks off in just a few hours. Full coverage of what we will see, what it means for apple stock price hovering just shy of 100 a share. Buy organic. General mills buy annies for about 800 a share. Mcdonalds sales down almost 4 worldwide. Shares continue to struggle. Lets get to carl who 0 is in california awaiting that apple event. David, thanks a lot. You guys and me, ...