Management and Organizational Studies 2277A/B Lecture 3: Lecture 3
4 Apr 2020
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Profits: make billions in profits, they make about million every day of the year. So what"s my point: point #1: its probably not a bad idea to have bank stocks as part of your overall investment portfolio. They seem to know how to make money : #2: be careful about taking advice from banks. They have their interest at heart not yours: #3: use banks as a tool only. Story of courtney: bank employees have their performance evaluated on how many products they sell during a given period, and how much they can fuck you over when they do it. So when you get advice from a bank: remember that they are giving you advice that is best for the bank first, and you second, don"t assume that the advice you get from a bank is good advice . Bank employees are not (usually) experts in personal finance.
