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The transcript from this week’s, MiB: Mike Greene, Simplify Asset Management , is below. We have to pay attention to this, and we have to understand why this is potentially a risky asset. I mean, our industry tends to be among the most conservative investors out there. Mike Green : Barry, thank you for having me.
He launched his own firm right into the teeth of the collapse in ’09, which turned out to be quite a fortuitous time to launch an asset management shop. But there’s a lot of pressure on financial advisors to grow assets. And Jack’s whole thing was you want to be a passiveinvestor. BERNSTEIN: It’s crazy.
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