Ken Fisher Can’t Have It All
January 17, 2024 by Michael Finke
Ken Fisher has mounted one of the most successful attacks on a single financial product in history. Consumers searching for annuities have seen ads from Fisher explaining earnestly why retirees shouldn’t buy them. He’s even registered the trademark “I hate annuities.”
It’s no secret that Fisher sees annuities as a perfect target to market his own asset management services.
Wink’s Moore on the Market: One thing that the academics and I agree on is our positions on Ken Fisher.
My friend Michael Finke says that in the 1960s, the dominance of creating retirement income from annuities over traditional financial assets was proven mathematically.
Did you know that?
How about consumers- do THEY know that?
And what Finke finds most disturbing about Ken Fisher ads is that Fisher sees NO LEGAL RISK in posting publicly that he’s unwilling to even consider recommending a product that Nobel laureates believe is in the best interest of investors.
Baffles the mind, doesn’t it?
Someone needs to hold him accountable. But who? And with whom? – sjm