Posted on 10/22/2019 7:25:38 PM PDT by SeekAndFind
Ken Fisher’s sexually-charged speech at a San Francisco conference earlier this month has cost the money manager another big investor.
On Monday, Fidelity ended its relationship with Fisher Investments, saying it has decided to reallocate assets within its Strategic Advisers Small-Mid Cap Fund that were previously run by Fisher.
Fisher Investments did not immediately respond to FOX Business' request for comment.
Fidelity became at least the third big investor to pull its money from Fisher, who manages $112 billion. Last week, the Michigan Treasury Department withdrew $600 million of the state’s pension fund from Fisher Investments due to the money manager’s “completely unacceptable comments.” Four days later, the Iowa Public Employees Retirement System withdrew $386 million.
Fisher, while speaking last week at a Tiburon Strategic Advisers event, compared wooing money-management clients with "trying to get into a girl's pants." Tiburon also cut ties with Fisher for life.
After first expressing dismay over the criticism he received for making the comments, Fisher apologized for the sexual innuendos.
(Excerpt) Read more at foxbusiness.com ...
compared wooing money-management clients with “trying to get into a girl’s pants.”
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
THIS caused all that? It’s been that way since Adam and Eve.
We really have turned into a snowflake nation.
Oh, no! We’ll never be the same after these comments! /s
Snowflake Nation - I like it. It’s very accurate.
He’s not wrong.
That’s a “sexually charged comment”?
Those guys don’t get out much, huh?
This is absolutely absurd.
No kidding. I am glad that I spend my days working outside with animals. The older that I get, the less that I can stand (most) people. This kind of nonsense only speeds up the process.
lol
This is more corporate social justice horsesh**.
The diversity (snowflake) managers at these outfits must have went into apoplexy after his comments.
There has to be more to this. Somebody just wanted this man out of this position of influence. His remarks were a little racy, but come on! People have become pretentiously prudish and provincial here lately. What year are we in, 1918?
One source feigns ‘shock’, and the other idiots fall over themselves yelling #Me Too!! I’ve heard women talk worse than this in a public forum.
**I have a few thousand dollars in a Fidelity IRA.
Maybe I should voice my ‘concern’ about them.
Animals are better than a lot of people. Lucky you. The most relaxing part of my day is coming home from school & loading our dog into the car for a 5 minute drive to the lake. So peaceful. Today I found two shells & a quarter ; )
“We really have turned into a snowflake nation.”
Sigh, it’s so much worse than that. Society has completely lost all sense of proportion, everything is seemingly spinning out of control!
If Fidelity is investing their clients money with Fisher, maybe those same clients should invest directly with Fisher Investments and cut Fidelity out of the loop.
This may wind up being a boost for Fisher Investments.
Nice (thumbs up)
If he’d said ‘trying to get in a young guy’s pants’ it would’ve been protected speech.
I don’t there’s any pitch that would help him.
Abigail Johnson, CEO of Fidelity, flexing her muscles.
https://en.wikipedia.org/wiki/Abigail_Johnson#Fidelity_Investments
Yikes, with that mug, I’m sure he always struggled to “get into a girl’s pants.” He probably doesn’t even know what it’s like.
I’d say that was a lot more than mere “innuendo.”
He should have said “getting into a boy’s pants” and then he would be hailed as a hero.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.