[quote=bearishgurl]I just googled Carl Richards and it appears that he actually moved to “Park City, UT” last year where he formed a biz called “Prasada Capital Mgmt.”
Guess he doesn’t have to pay for ski vacations anymore. He’s already there!
He’s still dispensing out financial and investment advice and there is even a speaker on the site to listen to an interview with him, lol![/quote]
The “hoocoodanode” factor at work.
If a doctor gives you the conventional ineffective treatment for your ailment and you die, he/she has treated you to the standard of care and is not liable.
If an engineer designs a defective product making the same mistaken assumptions and analyses used by others in the field, he/she has followed industry standard practices and has some protection from liability.
If a financial advisor makes the same mistakes as everyone else … I mean, hoocoodanode?
Come to think of it, I’m not sure he’s the one who made mistakes. I mean, he certainly lived a lot better than I did for quite a few years.
