Four facts about (most)private bankers and investment bankers. Must remember
- Bankers never make money for a client in the long run, no matter how hard they try, no matter what they do but they just don't and frankly they cant, with all their systems
- Investment bankers have not closed even 5% of the deals that they claimed to have closed, if they did they would never be claiming them anyways.
- Every banker feels that every other banker in a different organization is making millions every year, the fact is that no one does. They only overspend on cars, flashy accessories etc, actually are a poorer lot
- If you really get convinced with a banker, that means you are really gonna get screwed and screwed hard and that you are convinced about being screwed.
Golden quote from an "sound"investor "The only person to make money from a portfolio consistently@ 8% every year was my banker"
No comments:
Post a Comment