Ralph Fogel

Ralph Fogel gave his opinion on the utilities and telecom in The Wall Street Journal recently. “Fogel said Monday’s gain reflect moves out of the sectors that have led this year’s rally and into those that have lagged, and come as investors are trading on more of a short-term and seasonal basis. ‘The end of the year is an important time for all the institutions, as anybody who missed the market now has to show that they’re in it. That’s one very important cross-current,’ Fogel said.”

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The Wall Street Journal featured Ralph Fogel’s situation with a worried client. Naturally, people are concerned about the money they invest but Fogel’s one client was obsessed. This client would call numerous times a day all week regardless of how the stocks were doing. Eventually, Fogel had enough and suggested safely investing in bonds but the customer refused. A compromise was made for the client to maintain his or her portfolio if the calls were limited to three times a week.

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