Metaphorically speaking
President Obama conceded this morning that the Nobel Peace Prize awarded to him was premature.
“I would be remiss if I did not acknowledge the considerable controversy that your generous decision has generated. In part, this is because I am at the beginning, and not the end, of my labors on the world stage,” Mr. Obama said. “Compared to some of the giants of history who have received this prize — Schweitzer and King, Marshall and Mandela — my accomplishments are slight.”
I respect the president for saying so and I do congratulate him in spite of how I feel others who have given their lives. However I did not commission this caricature to be political – this is not an indictment on the President, but more so on the Nobel Prize committee and the person who nominated him. I want to instead pose this question to you from a financial planning standpoint:
How does the above cartoon serve as a metaphor for active management in mutual funds? Think about it, let me know your thoughts on this question. As for my thoughts, well, stay tuned there’s more to come.
Picture credit: Thank you to H.C.T. for capturing my imagination so well.
Subscribe by RSS
Dan Cuprill Said,
December 10, 2009 @ 3:10 pm
Like Obama, credit is afforded the active manager where it is not deserved. Short term success at defeating market averages is not worthy of recogntion, but so often receives it.
Hank Parrott Said,
December 10, 2009 @ 3:57 pm
Dan you hit it RIGHT on the nose.
Really glad to see your comment. Thanks for reading!
Jessica White Said,
December 13, 2009 @ 3:58 pm
I guess my question is if the above caricature is not to be offensive toward the president why did you use that instead of one of just the Nobel Prize committee itself since that is what you claim you are referencing? I think that everyone does and should have their own political opinion, but I am confused as to what it has to do with you as a financial ad visor? Why would you even want to start controversial political opinion when it is your job to help people financially not politically? You may want to stick with what you know.
WADE Said,
July 3, 2010 @ 10:01 pm
Buy:Viagra.Cialis Super Active+.Super Active ED Pack.Cialis Soft Tabs.Viagra Super Active+.Cialis Professional.Viagra Professional.Maxaman.Propecia.Viagra Soft Tabs.Soma.Tramadol.Viagra Super Force.VPXL.Cialis.Zithromax.Levitra….
DIY Said,
August 30, 2010 @ 10:47 am
wall http://bbatterybtmbaad.BEDROOMPROPERTY.INFO/tag/homemade+DIY+wall/ : homemade…
wall…