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lendaddy lendaddy is online now
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Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,869
Quote:
Originally Posted by Jim Sims View Post
Brokers (and the whole retail brokerage business) depend on the fact that the general investing public is ignorant of the "Efficient Market Hypothesis" (EMH). You'll spend your life on the phone (earbud ear) and in front of the computer. The work can get real interesting if you have to contact accounts about margin calls especially if the wife answers and is ignorant about what hubby has been doing. They all think they are financial geniuses and can beat/time the market and almost always get handed their ass.
lol I can only imagine. Though I will say you don't make it sound nearly as sexy as I had imagined. I would much rather be in the trenches crunching numbers and doing research than calling humps and trying to hard sell.
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Old 01-28-2008, 06:47 PM
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