How do investment managers justify owning Tesla (TSLA) at the current valuation? Or perhaps worse, owning highly-levered companies in beat-up industries that won't recover for years (see airlines). Talk about "risk" assets! Where is the fiduciary responsibility? From the outside looking in it would seem investment managers - at least some of them - are … Continue reading What Happened to Fiduciary Responsibility?
Tag: fiduciary responsibility