Merrill Lynch Clients Have No Room In Their Portfolios For Fat Drunks With Acid Reflux

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At Thiel's instruction, Johnson has for the last year been traveling the country teaching Merrill Lynch advisers how to lead healthier lives. He urges brokers - and, in some cases, their family members and clients - to include liver oil, wheatgrass, flax, chia and a type of algae called spirulina in their diets, and to take relaxing baths with Epsom salt to unwind. "They're starting to go down the medication path. They have acid reflux. They don't sleep. They feel crummy. They're drinking too much. They gain too much weight," Johnson said of the Merrill employees who most need his advice. With that lifestyle, he said, "they're not going to be a good adviser. If I'm coming to my adviser, I want them to be healthy." [...] some Merrill employees have told Reuters in recent weeks that Thiel is so enthusiastic about healthy living that it has caused some hard-charging, long-time advisers to bristle. These employees have been annoyed to receive advice about health and wellness from Thiel when they would prefer to discuss business concerns with him, several sources said. One Bank of America executive said brokers have complained about tofu burgers served at a retreat for top producers. [Reuters]

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