08-23-2019, 08:02 AM
I have a small position in BEN based on a recommendation from a newsletter that I used to subscribe to. The stock is still down since then (along with many of the others that they suggested) as it seems like those and the others were based on historical PE’s etc and not so much at what might be driving the business.
I would agree with the previous poster, so many investors are moving away from actively managed, I think the players in this segment are going to need to change their business model. Not that it can’t happen, but doesn’t give me the warm fuzzies.
I would agree with the previous poster, so many investors are moving away from actively managed, I think the players in this segment are going to need to change their business model. Not that it can’t happen, but doesn’t give me the warm fuzzies.