| They say the average age of a fund manager is 27 years old. The markets move in cycles of usually around 8 years. This means at the start of every global bear market cycle most of the fund managers have no idea what to expect, how to react and how to protect your money. They fall for the same tricks as the rest of the dumb money.
After all, the "Fund Manager of the Year Award" does not go to the fund manager who has made the most money for their clients, it goes to the fund manager who has made the most for their company.
Don't believe it? Just look at the value of your portfolio. Our guess is you wouldn't be here right now if you didn't think there was a better way to manage your hard earned money.
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