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Oct 31, 2019 40 min

Misogyny and Maple Syrup

from Free Money with Sloane and Ashby Hosted by Sloane Ortel

Does misogyny cost money? Yes, but not enough. Ken Fisher - who runs the eponymous Fisher Investments - has a long history of inappropriate invective. One particular instance earlier this month at an investment conference triggered an outcry and then outflows of about $3 Billion. That response took remarkably quick action from the asset owner community. On this podcast, Ashby wondered aloud why these large institutions were quick to respond when a man says bad things, but drag their feet when it comes to deeper issues of racism, climate change, and technological disruption. Good questions to ask! But I wonder why Fisher doesn’t just lean into sexism. His Camas, WA advisory firm is only about three percent smaller after all of the fallout. I even went ahead and mocked up a new ad campaign featuring the man’s prodigious forehead. It could work! Misogynists need money managers too. Anyway, we also took questions from listeners. This week we answered: What’s the worst name you’ve ever come across for a financial services firm? What do you believe about investing, but know that you could never prove? What’s the best investment advice you’ve gotten from someone outside the industry?

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This episode was published on October 31, 2019.

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