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<blockquote data-quote="Steampunkette" data-source="post: 8919279" data-attributes="member: 6796468">Do you understand how investment companies work?You give them money and they invest it on your behalf in the manner that they deem will have the greatest return to the lowest risk. They have a fiduciary responsibility to protect your money and make more money on your behalf. Contractually speaking. Like a -legal- responsibility and they could be fined, lose their practice, or even wind up in prison if they mess up real good.That's not projecting. That's just how it works.And thanks to the myth of infinite growth... if a company isn't performing better every quarter, every year, forever, it's &quot;Underperforming&quot; and needs the &quot;Fat Trimmed&quot; or whatever other short-sighted maneuver will net a slightly fatter margin next quarter. Because that is the only metric in the fiduciary scheme.Did you lose money? Did you gain money? How nice the books look or how happy the fans are doesn't enter into it.</blockquote>

[QUOTE="Steampunkette, post: 8919279, member: 6796468"] Do you understand how investment companies work? You give them money and they invest it on your behalf in the manner that they deem will have the greatest return to the lowest risk. They have a fiduciary responsibility to protect your money and make more money on your behalf. Contractually speaking. Like a -legal- responsibility and they could be fined, lose their practice, or even wind up in prison if they mess up real good. That's not projecting. That's just how it works. And thanks to the myth of infinite growth... if a company isn't performing better every quarter, every year, forever, it's "Underperforming" and needs the "Fat Trimmed" or whatever other short-sighted maneuver will net a slightly fatter margin next quarter. Because that is the only metric in the fiduciary scheme. Did you lose money? Did you gain money? How nice the books look or how happy the fans are doesn't enter into it. [/QUOTE]

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