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Re: feeling peevish
Old 11-06-2006, 12:23 AM   #21
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Re: feeling peevish

Thanks Nords for the info with regards to Buffet, as an enthusiast Berkshire owner I should have anticipated that you would know everything about him. I had read a bio and yes I kind of remember that he earned a degree in economics, but not finance (which was more specifically the topic).

On the other hand, Soros's life is an unbelievable story and just to mention a hint, he was dismissed very early in his working life from a menial job he had landed as a jewish immigrant from central europe in a financial institution (in the UK if I remember well) lead by his co-religious fellows for not being very capable to add up reliably numbers... He reports that as the chance he was given as he had to really wonder what he was capable of ! This is from memory, but the story of his life is worth reading (I enjoyed it very much in any case) and he certainly did not have a degree in finance...

BTW, if having a degree in finance was enough to make a fortune it would be known, but I concur with Sheryl, it is certainly good to reassure clients, but not enough to make their assets proper.


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Re: feeling peevish
Old 11-06-2006, 08:37 AM   #22
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Re: feeling peevish

Originally Posted by poyet

BTW, if having a degree in finance was enough to make a fortune it would be known, but I concur with Sheryl, it is certainly good to reassure clients, but not enough to make their assets proper.
I wasn't implying that everyone with skill in financial advising must or should have a degree, but in reference to the OP, absent any other demonstration of her abilities I would look for at least that as a starting point.

The only financial advisor I ever used was the ex-owner of a ski shop. He got "let go" by Merrill Lynch because he didn't toe the party line... but had a lot of good common sense things to say and actually taught me to understand a few things, rather than just selling me "products."

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