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FJB
15 Apr 2025 10:47 am
FJB
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7,130 posts
Blackvegetable » 12 minutes ago » wrote: As fiduciaries (A distinction you can't be made to understand. Not that it is very difficult, mind you.) fund managers must manage their clients' monies in a defensible manner. 

From the perspective of their incentives, being in cash produces a drag on returns.
(This is yet another of many concepts you are too stupid to grasp, so don't  ask.) Accordingly, those with a history of acting on false signals now make their living appearing on FOX.

Acknowledge that you've been answered.

YOU STILL HAVEN'T DEFINED THE TERM WOMAN
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