Global Investment Advisors: Selling Certainty in an Uncertain World (and Charging 1% for the Story)
Geneva, Switzerland – In the chandeliered ballroom of the Hotel InterContinental, a Swiss fiduciary is explaining to a roomful of jet-lagged dentists why their life savings are now “tactically overweight” in Kazakh uranium. The dentists nod solemnly, as if receiving communion. Somewhere behind the coffee station, a Bloomberg terminal blinks red: U.S. debt ceiling crisis,…