Off Topic - Tim Duncan

DenverSooner

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I just read that Tim Duncan is suing his financial advisor for $20,000,000 claiming he was defrauded. I hate that this happens so often to these guys.

All professional sports leagues should make rookies go to a mandatory multi day seminar on investing. Former players that have been taken advantage of should speak. Competent advisors should speak. This happens way too often.
 
I just read that Tim Duncan is suing his financial advisor for $20,000,000 claiming he was defrauded. I hate that this happens so often to these guys.

All professional sports leagues should make rookies go to a mandatory multi day seminar on investing. Former players that have been taken advantage of should speak. Competent advisors should speak. This happens way too often.


God, you would think Tim Duncan would have more sense than this. Places like Goldman Sachs and J.P. Morgan offer investment management for wealthy individuals. Why the hell was he not going through one of these outfits?
 
God, you would think Tim Duncan would have more sense than this. Places like Goldman Sachs and J.P. Morgan offer investment management for wealthy individuals. Why the hell was he not going through one of these outfits?

Right... just go with someone well established like JP Morgan. Hell, he could have just walked into his local Bank of America and been fine.
 
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