Not exact matches
Talk to any
professional money manager and they will warn you that
picking market tops and calling bottoms is very risky and should only be attempted by fortune - tellers.
So while she
picks Net stocks for fun, the bulk of Streisand's wealth — she won't reveal how much that comes to — is in the more risk - averse,
professional hands of her friend and
money manager, Todd Morgan, chairman of Bel Air Investment Advisors.
Most users of ETFs are passive investors and don't believe in stock -
picking or
professional money managers.
If
professional money managers can't even come remotely close to consistently
picking winning stocks and predicting things like interest rates why would I ever think that I can?
He also explains that a random selection of stocks has just the same likelihood of performing well as do stocks
picked through research methods or through various techniques used by
professional analysts and
money managers.