Billionaire money manager Ken Fisher made a crass joke. At a San Francisco investors conference on Oct. 8, the CEO of Fisher Investments hosted an off-the-record “fireside chat” for an audience of professionals. “Money, sex—those are the two most private things for most people,” he told them. The advice he gives his employees is to approach potential investors sensitively. Otherwise, he said, it’s like “going up to a woman in a bar and saying, ‘Hey, I want to talk about what’s in your pants.’ ”Alex Chalekian, a competitor...

Source: Wall Street Journal October 23, 2019 23:26 UTC