The conflicting issues faced by investors and managers

I have written of my disappointment with money managers not acting in the real interests of their customers - the investors before. Here is a story that illustrates just how when managers act in the interests of their clients they sometimes make career limiting moves. Read about it here. But you should drill down and read the comments, it appears that this practice, docking the pay of "bad" money managers, is quite prevalent.

In an interesting aside, I have just returned from the "No Frills" store. As a beneficiary of perhaps the most successful $1 sale in its history I enquired about the turkeys. Last week NF had turkeys on for a $1 a lb. People were breaking the doors down to get them. On the day the sale opened the 1200 turkeys allocated for the start of the sale had gone by noon (four hours). To date it has been estimated that over 5000 of the suckers have been snapped up by all of us survivalists and our freezers. So if the Stocks go any lower and our pension payouts fail we can all eat turkey for the weeks after!