Thursday, July 5, 2012
At one point I remember the financial markets seemed to make no sense at all, and I tried to gain some clarity from him. “I no longer understand the market. I’m completely out of it,” he said.Back during the Clinton era, I had a friend who was a small-time money manager for a few private clients. I used to try to glean financial tips from our conversations. He was often accommodating, but these tidbits never seemed to do me as much good as they did him.