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May 6, 2024

Financials Matter

"It's Not Just About Finance"

Wall Street and China Are Alike in That…

 

 

…they both can destroy you (or turn you into a Lebron type puppet) with one tweet.

Cue up Ken Fisher of Fisher Investments.

Earlier this week, Fidelity Investments became the latest big player to show the door to Ken Fisher to the tune of removing him as Sub-Advisor of $500 Million.

It gets worse.

Last week Fisher Investments was hit with a $600 million withdrawal from the Bureau of Investments of Michigan’s Department of Treasury.

Other institutional clients ending their association with Fisher Investments include the Iowa Public Employees’ Retirement System that pulled $386 million, the City of Boston that pulled $248 million, and Philadelphia’s board of pensions.

That’s only a partial list.

Suffice it to say that Mr. Fisher has – for the most part – killed his $112 Billion Brand.

But how did this happen?

The story Wall Street wants you to believe is that Fisher was outed on Twitter for comments that were considered “inappropriate and sexist in nature.”  And he even made a reference to drug use.

LMAO!

I’m shocked, I tell you!

Shocked!

A Wall Street exec making sexist comments…and even made a reference to drug use?

C’MON MAN!

Tesla CEO, Felon Musk, is the king of sexist comments and openly talks about using drugs while at work.

Nope…Sorry, this doesn’t pass the smell test.

The real story is that Mr. Fisher somehow stepped on the toes of one or several boyz in the Wall Street “Club.”

Remember Martha Stewart?  She did jail time for making $235,000 on “Inside Information” when in reality she was guilty of stepping on the wrong toes.

Ironically (or NOT) we’re seeing more corporate suicides from Twitter than ever before.

You should expect this to increase…especially with China.

Learn how to navigate (and profit) in the approaching Turbulent Times as the parasites begin devouring the host.

Go ahead, click the link:

 

 

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