I think this is where we should finally draw the distinction between a Financial Advisor and a self-invested Money Manager. My instinct in handing my money to someone else is not just that I have confidence in their integrity and track record but that they have skin in the game themselves, as these guys do. That way, both parties are investors with stakes to make or lose. Its the most direct way of tying their incentives to your own.
Financial Advisors connect investors with Money Managers. There's a significant difference in context, motivation and remuneration.
Ultimately, we make our own decisions. I get the impression threads such as these are akin to drunks drawn to standing underneath a lamp post, they're there for support rather than illumination.
Last edited by LongExcursion; 3rd Jun 2010 at 12:32.