My very first job in the investment industry was as a cold caller for
a broker in Dayton, Ohio back in 1989. There was one particular broker
in the office that was older and pretty conservative with his investment
ideas for his clients.
He didn’t put them in annuities or limited partnerships, and he used
mutual funds only rarely. He had a basket of stocks that were his go-to
investments, and he built his client portfolios using these dozen
stocks. (more)
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