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What do you expect from the best investment advisor?
Of course you expect your investment adviser that he shares the best for your stock portfolio will recommend. But …. If your adviser recommends you to buy shares, it will be done by another investor who told his adviser that he has had to sell those shares. Either your adviser is good and the other wrong, or vice versa.
If we assume that there are a lot of advisers, all their work to honor and conscience to do, then we say that the average, honest adviser in 50% of the cases a proper guidance.
And he gets a nice amount for each year. From his boss. Of the commission you paid. Did he have you ever thank you for? A good cigar or something?
