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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Lou Weed who wrote (60927)	5/24/2022 2:27:21 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Read Replies (1) of 97822

It depends on how you define ethics. A lawyer who vigorously defends his client believes himself to be highly ethical. In fact he will get disbarred if he intentionally fails to do so. When you hear an interview on CNBC or read it in WSJ, you are hearing/reading an infomercial. This doesn't mean that the guy is necessarily duplicitous. A fund manager can find what he believes to be a great stock and load up on it. After he has loaded up on it, then he will go around telling people what a great company/stock that is. There is nothing unethical about that. He is telling you what he believes. He just did not share his research with you for free to help you beat him to the punch. Why would he? This weekend I watched Jeremy Grantham promote his ESG fund as a solution to saving the planet while also making money. I don't think he was even trying to promote his fund. I do believe that he was genuine in his belief. But that doesn't mean that he was unbiased or even correct.

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