The massive dilution that firms like Merrill Lynch bring to their long time shareholders reminds me of parasites I see in the natural world.
The host feeding everyone who needs to be fed at the moment to stay alive.
The parasites enjoying the "upside".
Typical Wall Street. And not a customers yacht in sight.
CEO, Parisian Family Office. Began Wall Street in '82. Founded investment firm, Native American Advisors, '95. White Earth Chippewa. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Drexel Burnham alum. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', the family winter camp in Los Cabos, Mexico. Always been, will always be, an optimist.
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