(B)(N) What’s A Girl To Do?

Self-Delusion Is Darwinian

Drama. It’s astonishing to us that wealthy people would consign their wealth to the safe-keeping of a “wealth manager” and especially to those who pridefully boast of “concierge services” in excess of the “mezzanine financing” that is sometimes required to finance the adventures of the wealthy (The Wall Street Journal, March 21, 2014, Banks pull out all the stops for the ultra-rich).

It’s worrisome too because the world’s biggest and most exclusive banks have so little ambition of enterprise to think that “wealth management” is the key to their future growth. But, alas, we have less concern for the very wealthy because they ought to know that self-delusion is Darwinian and should they merely gift their money to a real charity of their liking then they might realize a tax-deduction should they accidently have any income on their wealth.

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Postscript

We are The RiskWerk Company and care not a jot for mutual funds, hedge funds, “alternative investments”, the “risk/reward equation” and every other unprovable artifact of investment lore. We have just one product

The Perpetual Bond™
Alpha-smart with 100% Capital Safety and 100% Liquidity
Guaranteed
With No Fees and No Loads on Capital

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Disclaimer

Investing in the bond and stock markets has become a highly regulated and litigious industry but despite that, there remains only one effective rule and that is caveat emptor or “buyer beware”. Nothing that we say should be construed by any person as advice or a recommendation to buy, sell, hold or avoid the common stock or bonds of any public company at any time for any purpose. That is the law and we fully support and respect that law and regulation in every jurisdiction without exception and without qualification to the best of our knowledge and ability. We can only tell you what we do and why we do it or have done it and we know nothing at all about the future or the future of stock prices of any company nor why they are what they are, now. The author retains all copyrights to his works in this blog and on this website. The Perpetual Bond®™ is a registered trademark and patented technology of The RiskWerk Company and RiskWerk Limited (“Company”) . The Canada Pension Bond®™ and The Medina Bond®™ are registered trademarks or trademarks of the Company as are the words and phrases “Alpha-smart”, “100% Capital Safety”, “100% Liquidity”, ”price of risk”, “risk price”, and the symbols “(B)”, “(N)” and N*.