Philip Hampton isn’t going to go so far as to say Stephen Hester earned it but he is going to to just put it out there that other bank CEO’s get paid a lot more, so if you think about it, Hester is barely making enough money to put food on the table. Relatively speaking.
According to Fox Business reporter Chaz Gasparino, the hedge fund has been working overtime to convince investors ahead of the February 15 deadline for submitting redemption notices to stick with Steve. With a moderately to majorly amazing sales pitch:
The more frequently you monitor your portfolio, the more likely you are to observe a loss.
This is likely to cause short-sighted decisions and could hurt your investment performance.
If you are checking your portfolio more than once per quarter, you’re doing it too much.
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Dan Egan, Betterment Director of Behavioral Finance and Investing