We've been talking a lot about the desserts ? private accounts. But not the spinach.
Wall Street is at best ambivalent. The size of the accounts is nothing big. How many Wall Street firms do you know that are running after people with $5,000 accounts?
There is no single rule that can be applied in deciding whether or not to limit new purchases in a given fund.
We need to treat lower income workers a little better in Social Security.
Over the years, George has been one of the most successful equity portfolio managers in the financial services industry.
His desire to focus on specific core funds has given me the opportunity to redistribute assets to managers whose talents warrant larger assignments.
There's no free lunch.
Never have so many people, made so much money with so little talent.
We're really reducing the potential inflow, not cutting it off.
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