An investing earthquake is underway and it’s threatening to end traditional money management as we know it. Investors are pouring their money into so-called passive […]
By Anna Driver HOUSTON (Reuters) – In June 2013, activist investors got the board of SandRidge Energy Inc to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value. The oil and gas producer’s shares rose as much as 50 percent in the …
A reader writes, asking: “Do you think that a financial advisor should be a fiduciary? I’ve seen that discussed elsewhere, but never on your blog.” Well, that depends on exactly what you mean. If you’re in the market for a financial advisor, and you’re wondering …