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We wish to express our gratitude to the following people (and others who preferred remaining anonymous) who generously took the time to help in the development of the site by giving marketing or technical comments, or by acting as a kind of reading committee and giving comment on initial drafts of the material which led to the creation of the site:

 

André Delisle, Jacques Charest, Marylène Fallon, Raymond Lacourse, Jean Michaud, Madeleine Roy, the late Claude Desaulniers, Claude Brochu, Michèle Bourgon, Elaine Joly-Ryan, Pierre Lizé, Chris Allan, Jeanne Leclerc, Luis Roméro, Azziz Fikri, IDA teoli, Don Doucette, Maria Buonnamici, Claude Beauregard, Richard Duval, Étienne Dubreuil, Peter Krjnevic, Robert White, Monique Desroches, Luc Bouvrette.

 

Of course, all errors in the final material which made it onto the site are those of the Publisher.

 

Last Updated ( Wednesday, 02 January 2008 )
 
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Quotation

Separately managed accounts are created by a computer program that says that these are the 50 stocks someone with X number of dollars should own, and that’s what goes into the portfolio. When the computer changes the portfolio, it is changed across the board for all accounts. Worse, I suspect SMA’s are programmed by “B-team” managers. A firm is going to put its senior managers in charge of billion-dollar portfolios, not half-million dollar portfolios. Harold Evensky