What If Wall Street Were Honest?

North Carolina Quaker Mark Hulbert has been tracking investment advisors since the early 80’s. In this week’s video, he talks about what motivated him to try to make Wall Street honest.

Jon Watts

Jon Watts launched and directed the QuakerSpeak project for its first 6 seasons. Keep up to date with Jon’s work at his website.

2 thoughts on “What If Wall Street Were Honest?

  1. What If Wall Street Were Honest?

    Wall Street is an honest marketplace. Yes, there is dishonesty in many “advisers”, just as there are dishonest car sales people, bankers, real estate agents, insurance sales persons and every other human who makes his living “selling” for their livelihood.

    Yes, the world and its inhabitants are imperfect, but that doesn’t relieve the “buyer” of individual of responsibility in the conduct of their singular or collective life. Making and protecting wealth is hard work, without that work and diligence there will always be someone available to take advantage of our failures (ignorance, laziness, haste and greed). Most often Faith alone is insufficient and is il-advised when conducting any type of business. The viewer should bear in mind that “greed” is a two way street with sad results for only the “less greedy”.

    Remember Quakers, “Let he who is without sin cast the first stone.”

    Change the title of an otherwise thoughtful and well-done video. The title speaks to a “Poor Me” mentality and not the basic Quaker principle of personal responsibility.

    William J Russell

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