The stock market analyst of the Inquirer claims he made the right call for his clients and Inquirer readers a few weeks back. Maybe, but who is to say, especially if he doesn't publish the wrong calls he made for his clients, who've been paying a fixed fee for his advice?
Let me be kind. Can Mr. Nathan honestly tell us he has made money for his clients in the last two months,on average, and how much. He may have articulated some warnings but also still managed to hype some stocks (especially mining)? It probably is not his fault, but that of a system where so-called investment advisors don't really face the same risks and rewards as their clients do. Thus their risk-aversion is not properly reflected in their advice to clients.
So, Mr. Nathan,can you at least be honest and narrate some of the stories of your disgruntled clients?
One consolation of the market downturn is that Ron Nathan is more somber now and has refrained from making his wife a punching bag for his nasty jokes. Perhaps, he can get out of this with suggestions on how his fate can be more closely followed by his clients. How about that, Ron?
Friday, August 17, 2007
Bull, Ron Nathan, Run?
by viking at 1:56 AM
Labels: economics, philippine stock market
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