Burton Greenwald
Burton Greenwald
employer less likely
I would think they would be less likely to have employer contributions.
enormous industry potential
I think everyone in the industry realizes the potential here. It would be an enormous boost.
banks captive companies deals distribute families flood fund insurance sales unable
You are going to see a flood of deals from insurance companies and banks that started proprietary fund families and have been unable to successfully distribute them through their captive sales organizations.
appreciate assume excess market people realize type volatile
When the market is going up, people don't assume risk. You have to realize the type of investments that appreciate in excess can be just as volatile on the downside.