ここはもうカンザスではない

This just in: Investors demand performance! This headline has been crashing the tape over the last few weeks as investor after investor seems to be complaining that they want their money managers to deliver actual good results, to stop just charging fees and to start delivering returns.  I am shocked, shocked I say, to learn that investors are actually seeking a return on their investment. I mean, really, what nerve! The truth is, ladies and gentlemen, investors should seek a return on their investment and if the manager does not deliver — well, in the words of Mr. Trump: Mr. Manager, you’re fired. I mean, this is pretty basic isn’t?  […]