The Ugly Truth About Trading...

Posted On Sep 30, 2015 By Greg Guenthner

Most of the time, when a money manager is talking up a stock, it’s because it’s one of his worst performing positions. Hey, they call it “talking your book” for a reason. Again (and I can’t seem to emphasize this enough) these guys are in it for themselves. They don’t give a damn if you make money or not. They just want their holdings to go up so they can keep their rich clients happy.