Investor and Money Manager Should Ride the Wave Together

By Staff Editor | March 29, 2024

In today’s investment world of bear markets and bankruptcy it is no surprise that investors are proceeding with utmost caution and reassessing their entire investment strategy. One area of investing that is perhaps taken for granted but shouldn’t be is the relationship between the money manager and the investor.

Taking a deeper look we can see that there can be an inherent, if unseen, conflict of interest between the investor and the money manager whom he has hired to work for the best interests of the investor. Unless the money manager is equally invested with the people he is working for, there may be times when what is good for the money manager might not be equally good for the investor.

Harry Rady, CEO of Rady Asset Management located in San Diego, California has written an in depth article on this crucial subject. Rady is one of the more sought-after analysts of the economy today, frequently interviewed on CNBC’s “Closing Bell”, Fox Business News and other influential financial news programs. He also writes extensively on financial issues.

We recommend taking his opinion into account when about to embark on any new investment or financial decision.

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