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Recap #4

We all know that the fact that Myron did really well speculating with Bubbie’s money doesn’t change things. He took risks with Bubbie’s money that he shouldn’t have (“appropriateness” of investments). Things could have easily gone the other way.

And the numbers he quoted—were they net of Myron’s fees? Was there a load charged when Bubbie entered his deal? Bertie didn’t read the fine print. He’s now regretting that he didn’t have a third party lawyer read the contract. Was there go...

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