Geoff Bobroff
Geoff Bobroff
ability difference favorite investors quite return support
Your ability to know what is going on is quite limited, and most investors won't like that. It just makes things frustrating. ... How much does an investor really want to put up with, when they could get a better return and use the difference to support their favorite causes.
alter giant gone question step time whether
It could have gone further. They've made a step forward, but it's not a giant step. The question is whether they're able to alter conduct. Time will tell.
asset biggest business challenges grow offset parts provides revenue source stable volatility
One of Mack's biggest challenges is to grow in asset management. The business provides a stable source of revenue to offset all the volatility in other parts of the company.
corporate expertise investment judge stick
Morningstar should stick to their knitting, which is measuring investment returns, ... They do not have the expertise to judge companies' corporate governance.
buying challenge developing funds hurt perception system within
Bob's big challenge is developing the perception within his own system that buying proprietary funds won't hurt you.