Brad Reifler is well regarded for being one of the best financial experts in the world. He is the CEO of Forefront Capital, a firm that he started on his own and that has provided invaluable advice to thousands of individuals and companies across the globe. Reifler has spent his career in investment management, in which he has invested hundreds of millions of dollars for individual and institutional investors.
Beyond providing investment advice to his investors, Reifler is also well known for providing his insights on recent trends in the marketplace and other financial events. Recently, Reifler provided his insight on the film Money Monster, which starred George Clooney and Julia Roberts.
Overall, the film provided some interesting insights into the financial industry. While Reifler acknowledged that the film was definitively fiction and pretty outrageous at times, it did bring up some interesting points. The main point of the film is that the individual system is rigged against many investors and that there are several key issues that investors should be aware of that could impact their ability to make money over the long haul.
One issue that investors face is the amount of fees that they have to pay on a regular basis. Most hedge funds and mutual funds will charge large management fees on the amount of assets that they manage. While this may make sense in a period where they are making money, the fees are charged even if they are losing money. This can greatly dilute the total return that an investor can earn over a long period of time. Further, many institutional investors are offered a much lower fee structure compared to an individual investor.
Investors are often also not aware of all of the risks that take place in the stock market. Some investors will end up seeing a hot stock tip online and end up reacting too quickly. Too often these don’t work out, leading to significant losses. That’s what Reifler is trying to avoid with his firm, and make sure to join him on that quest.