The “naive” advisor

The “naive” advisor is a convenient partner for hard headed clients. He is 100% loyal to his master, drinks his words and lends them his “credibility”. The “naive” advisor is not concerned by accounting, economics or logic. He tailors financial theories to his client’s wishes, so that he can serve him better. He sees his role in packaging the messages uttered by his client in order that it might confuse the other party into accepting his win-lose proposition.

The “naive” advisor never loses his cool as business is unemotional. He is on a mission to sell whatever his client wants.  Whether it’s in his best interest or not, is none of the “naive” advisor’s concern. He is paid to support his client not to argue with him.  If the point doesn’t get across, the other party is to blame. Probably, too stupid to understand.

The naive client loves the “naive” advisor for his fighting spirit. The “naive” advisor likes the naive client for his culpability, dependence and naivety.  The longer the “naive” advisor fights and loses, the more the naive client depends on and pays him. Their joint defeats bond them together in eternal friendship.

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Istvan Preda, MB Partners

"Investment Banking is 10% Financial Analysis and 90% Psycho-analysis" - André Meyer

This blog is about the "other 90%"...

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