bIBLE SAYS ABOUT CONFLICT OF INTEREST

12/17/2021

bIBLE SAYS ABOUT CONFLICT OF INTEREST

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I don't study the Bible, but I came across this timeless wisdom.

And thou shalt take no gift: for the gift blindeth the wise, and perverteth the words of the righteous. Exodus 23:8 — King James Version

In order to give good advice, there must be no "gift" or conflict of interest to blind and pervert the business of giving advice. Lots of blind perversion going today, and for a while now.

2 Comments

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8/22/2022 10:17:28 pm

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5/29/2025 12:41:27 am

This is an important reminder about staying objective when offering guidance.

Author

Ronald O. Granberg, CFA is a financial advisor based in New Jersey, serving individuals, companies, and organizations on investment selection, strategy, and asset allocation. Ronald began his career in 1994 as a security analyst and then a portfolio manager. Ronald is the founder of Clearwater Investment Management, LLC, a Registered Investment Advisory, and has a CFA, and an MBA in Finance.