Steven J. Lee: Investment Advisor Smarts

Posted by admin on Sunday, August 20, 2017

Steven J. Lee Money Quote saying Take care in who you trust to handle your money, based on their personal success at investing their own money. Steven J. Lee said:
Shalt not worship investment advisor, if so smart would be retired by now Quote

“Thy shalt not worship thy investment advisor, for if she were so smart she would be retired by now” — Steven J. Lee


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In this quote, Steven J. Lee is cautioning against putting too much blind faith or trust in an investment advisor’s recommendations and abilities. By saying “Thou shalt not worship thy investment advisor”, he means people should not idolize or revere their advisor as infallible.

Lee then argues that if an advisor truly had unparalleled insight or predictive powers, they would have amassed enough wealth from successful investing to have already “retired by now.”

This implies that even professionals cannot forecast markets or returns with certainty. Overall, the quote encourages skepticism of advisors and emphasizes that investors should make independent assessments rather than assume advisors necessarily know more or have special gifts according to this interpretation.

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