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Ken Fisher loses 600 million dollar contract after sexually crude comments at event

Posted on 10/11/19 at 6:52 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
74705 posts
Posted on 10/11/19 at 6:52 pm
quote:

The state of Michigan has pulled $600 million of its pension fund from wealth management firm Fisher Investments after the company’s founder and chairman made crude and sexually explicit comments during a fireside chat at the Tiburon CEO Summit in San Francisco this week.

During a moderated keynote discussion Tuesday with Chip Roame, managing partner at Tiburon Strategic Advisors, Fisher compared his wealth management strategy to trying to get into women’s pants, according to summit attendees who recounted what they heard in interviews with The Washington Post. Fisher spoke of doing acid and his belief that charities are immoral. He also made crude comments about genitalia, attendees said, and mentioned financier Jeffrey Epstein.


Alex Chalekian, founder and chief executive of Lake Avenue Financial in Pasadena, Calif., came forward first, posting a video to Twitter hours after Fisher’s remarks. Chalekian called the fireside chat a “true debacle” and said Fisher’s words were “absolutely horrifying.” Rachel Robasciotti, founder and chief executive of wealth management firm Robasciotti and Philipson in San Francisco, and Sonya Dreizler, a speaker and consultant to financial services firms, publicly confirmed Chalekian’s account online and in media reports.


He doesn’t need the money, but what the frick was he thinking with this speech?

LINK
Posted by WestCoastAg
Member since Oct 2012
151032 posts
Posted on 10/11/19 at 6:56 pm to
quote:

During a moderated keynote discussion Tuesday with Chip Roame, managing partner at Tiburon Strategic Advisors, Fisher compared his wealth management strategy to trying to get into women’s pants, according to summit attendees who recounted what they heard in interviews with The Washington Post. Fisher spoke of doing acid and his belief that charities are immoral. He also made crude comments about genitalia, attendees said, and mentioned financier Jeffrey Epstein.
Posted by Ghost of Colby
Alberta, overlooking B.C.
Member since Jan 2009
16015 posts
Posted on 10/11/19 at 6:57 pm to
Cocaine is a hellava drug, especially when a billionaire nerd is in public after a 3 day binge on a college campus.
Posted by coolpapaboze
Parts Unknown
Member since Dec 2006
22155 posts
Posted on 10/11/19 at 8:49 pm to
Ken Fisher is a fricking douche.
Posted by Man4others
Member since Aug 2017
2515 posts
Posted on 10/11/19 at 8:50 pm to
He’s always had a weird vibe
Posted by jrobic4
Baton Rouge
Member since Aug 2011
13682 posts
Posted on 10/11/19 at 8:57 pm to
While it was a stupid thing to do, this modern day Scarlett Lettering is going to be the downfall of our society
Posted by Tigris
Cloud Cuckoo Land
Member since Jul 2005
13226 posts
Posted on 10/11/19 at 9:22 pm to
quote:

While it was a stupid thing to do, this modern day Scarlett Lettering is going to be the downfall of our society


Yeah, he may be a total idiot and said stupid things, I have no way of knowing. But the stupidest thing he did was to publicly speak in San Francisco. The speech police there will crucify nearly everything they come across. I was there last month for a conference and it can still be a great place. But the people there have collectively lost their minds.
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
20246 posts
Posted on 10/11/19 at 9:25 pm to
It’s kinda like these athletes that do stupid stuff.

When you have been able to do whatever/act however you wanted, say whatever you wanted, and have people telling you how awesome you are for a really long time, these folks just get stupid from time to time.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64673 posts
Posted on 10/11/19 at 9:28 pm to
I was ready to call BS on the response but...sounds like he went a few steps too far.
Posted by Dandy Lion
Member since Feb 2010
51416 posts
Posted on 10/11/19 at 9:30 pm to
Dem Michigan baws tend to be hella smart, in their field. Out of that, they're either children or children.
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 10/11/19 at 9:35 pm to
Pussies
Posted by fr33manator
Baton Rouge
Member since Oct 2010
135032 posts
Posted on 10/11/19 at 9:39 pm to
But what did he say?
Posted by teke184
Zachary, LA
Member since Jan 2007
105168 posts
Posted on 10/11/19 at 9:42 pm to
He said The Last Jedi was a masterpiece.
Posted by ScrapPack
Member since Nov 2011
3707 posts
Posted on 10/11/19 at 9:52 pm to
quote:

But what did he say?


Someone asked to buy an annuity from him and he went apeshit.
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 10/11/19 at 10:17 pm to
Dude was on acid duh.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
135032 posts
Posted on 10/11/19 at 10:41 pm to
quote:

He said The Last Jedi was a masterpiece



The horror!


But seriously, is there a video or a transcript of what he actually said? I found a video of some guy saying that he said sales was like trying to get into a girls pants and that he talked about Epstein, but without context...I mean there has to be a recording of it, right?

quote:

Fisher compared his wealth management strategy to trying to get into women’s pants


Sales and sex aren’t that different. Always be closing
This post was edited on 10/11/19 at 10:43 pm
Posted by biglego
San Francisco
Member since Nov 2007
85526 posts
Posted on 10/11/19 at 11:55 pm to
quote:

Chalekian called the fireside chat a “true debacle” and said Fisher’s words were “absolutely horrifying.”

Posted by Trevaylin
south texas
Member since Feb 2019
11487 posts
Posted on 10/12/19 at 12:10 am to
actually comparing strategies for financial management with getting in a girls pants is a good analogy. both require


funding
presentation skills
play the long game
research
opposition awareness
adequate disclosure
quick action on favorable events
cash out strategy.


maybe the folks in San Fran did not like his cis connotation.
Posted by BurningHeart
Member since Jan 2017
10131 posts
Posted on 10/12/19 at 1:16 am to


Not amused by your annuity
Posted by The Boat
Member since Oct 2008
178333 posts
Posted on 10/12/19 at 1:26 am to
This is what happens when people with frick you money start getting up in age.
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