Thursday, September 24, 2015

“Smarter” Stock Brokers?

                        
There’s been pressure in the to find out the financial exam marks of stock brokers. But why worry about the subject?
                       
Investors shouldn’t be relying on stock brokers for advice anyway. The education brokers get is essentially on back office procedure and not deep securities analysis. And even if it were, info would be useless.
                       
For instance, most of the more experienced mutual fund managers do a bad job compared to indexed funds or ETFs. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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