The Failings of Institutional Advisers and How You Can Grab The Bull by the Horns!

Posted on April 5, 2010


I have always found it to be a major disconnect that the majority of investment counselors are not independently wealthy . . . in essence, if they can’t do it for themselves and their families how are they going to do it for you?!?

“Classic” studies of investment adviser performance from the late 1960s and supported by data from the 70s concluded that there “is little evidence of consistently superior strategies” from institutional advisers.

A 2000 paper concluded “There have been numerous studies assessing and evaluating the performance of mutual fund managers. The general conclusion of most of these studies over the last 30 years is that managers exhibit some skill at security selection, but have little or no market timing ability.”

In short, you have to take ownership for your investment strategy.

Joining me in this probing 60-minute segment on the failings of institutional investment advisers and how you can take the proverbial “bull by the horns” is a guest panel of experts whose experience, expertise and insights will set you on a course of realistic and sustainable equity growth.

Show Link: The Failings of Institutional Advisers and How You Can Grab The Bull by the Horns!

Guest Panelists

Larry Winget

About Larry:

Larry Winget is a four-time New York Times/Wall Street Journal bestselling author. He is a member of the International Speaker Hall Of Fame. He has starred in his own television series and appeared in national television commercials. Larry is a regular contributor on many news shows on the topics of money, personal success and business.

Some of Larry’s appearances are:

  • Star of A&E’s Big Spender
  • Featured in two episodes of CNBC’s The Millionaire Inside
  • Star of his own PBS special
  • A frequent business contributor on MSNBC
  • A regular on FOX News and FOX Business
  • Has also appeared on The Today Show, Larry King, and The Big idea with Donny Deutsch.
  • Featured in 3 National Hyundai Commercials

Video Clip: Larry Winget with Neil Cavuto-Stock Shock on Wall Street (Feb. 2009)

Cenk Uygur The Young Turks

About Cenk:

Cenk Uygur, Esq., is the main host of the liberal talk radio show The Young Turks. He was also the host of the internet interview show Meet The Bloggers throughout its run.

The show currently airs in a number of places, including the 8pm slot on XM Satellite Radio’s America Left, channel 167. Aside from airing on the radio, TYT has also made several online partnerships with media groups such as AOL News, TidalTV, and YouTube. The show’s YouTube channel gets an average of 13 million hits per month.

Uygur is also a regular blogger on The Huffington Post and a former practicing attorney. He grew up in East Brunswick Township, New Jersey, where he attended East Brunswick High School. Cenk admits to being a Republican in his youth. He is a graduate of the Wharton School of the University of Pennsylvania and Columbia Law School, and a former associate at the law firms of Drinker Biddle & Reath in Washington, D.C. and Parcher, Hayes & Liebman in New York City. He first became a talk show host at a Washington, D.C. radio station on the weekends while working at Drinker, before eventually shifting to full-time radio work. He is an avid fan of the Pittsburgh Steelers.

Video Clip: Cenk Uygur Interviews Author of Bailout Nation by Barry Ritholtz on The Young Turks (Jan. 2010)