I'm going to find the financial market bottom resulting from the future set of panics. Naturally, I do not charge an additional fee for saving clients from this crash; instead, I position them so they can survive and then thrive in the future. I aim to continue serving my clients by continuing to advise and invest as the future unfolds.
Neither do I fleece clients or waste their time with all the wild and elaborate schemes, doomed to fail, no matter how much clever marketing is expensed. I have no conflicts.
And because of such, my clients nor I will be overwhelmed by emotion during this crash. Allowing us both to think about the bottom in real-time: an activity my competition does not do and has not planned for.
And indeed, the senior management of large and small firms will not be thinking about you at the bottom as they lay off the last of the client-facing fools and foolish marketing strategists. They are thinking about their fleeting career prospects and the firm's fate to which they have long-term compensation, or worse.
In the end, the narrative will blame investors for stupidity when new marketing people revive the virtue of the financial industry. The inclusion and diversity relationship they offered this time was the familiar predator-to-prey relationship that is only possible with optimism as the prevailing trend moving at last toward its absurd peak.
From the independent perspective ignoring the marketing spectacle, I can think about the bottoming process and exhaustion events and not be manipulated by groupthink, no matter how sophisticated it may be. I'll help my clients see the bottom in real-time so they are comfortable taking risk once again.
My expertise and more are elaborated on at www.Clearwaterinvest.com. I charge 1% of assets up to $500,000; thereafter 0.75%. The minimum is $250,000. Assets are managed at Interactive Brokers, which is SPIC insured, which is quite ordinary for a small advisory like mine.
Written on July 19, 2022