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Barrons Rountable 2012
Posted on 1/15/12 at 12:05 pm
Posted on 1/15/12 at 12:05 pm
quote:
Gross: It isn't just the small investor but the big investor. When the headlines hit about MF Global's collapse, along with the realization that a financial firm could take money from one pocket and put it in the other, I quickly diversified my own brokerage accounts to avoid such a thing. Large savers are diversifying against the risk of leverage and the misappropriation of that leverage.
Barrons
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