Wall Street Potholes: Insights from Top Money Managers on Avoiding Dangerous Products

Praise for WALL STREET POTHOLES

"Every day, millions of retail investors are neglected, led astray or blatantly deceived about the investments that are recommended to them. In Simon Lack's new book, Wall Street Potholes, investors are taught to fight back and win the battle for their retirement. Given the conflicts and regulatory gaps in today's environment, consumers of financial services need to be armed to the teeth with knowledge in order to make good decisions. This book is a powerful step in the right direction."
—Joshua M. Brown, CEO of Ritholtz Wealth Management, author of Backstage Wall Street and The Reformed Broker blog

"Wall Street Potholes is required reading for all individual investors. Simon Lack shares insights derived from many years of experience as a successful risk manager and investor. Contributors Brolley, Burke, Centrella, and Pasi add their unique perspectives with a shared commitment to simplify what is often an over-engineered process. This book provides guidance that is equally beneficial to both the seasoned investor as well as those new to the field."
—David Puth, CEO, CLS Bank International

"A book written by Wall Street insiders that reveals how unsuspecting individual investors are often steered towards high-fee investment products that deliver poor results. Everyone who relies on others for financial advice should read this book so they can ask the tough questions that will help them achieve better investment results at less cost."
—Scott Jones, Retired head of global equities, Jefferies & Co.

"Simon Lack's book hits the mark. What investors need more than anything in today's investment world is a way to stay away from rogue products and rogue investment professionals. As an investor's rights attorney for the past two decades, I know that avoiding the wrong product and the wrong professional is far more important than finding ways to outperform the market. Simon Lack's book is strikingly focused on this important issue. I hope that every retail investor out there buys this book before they make any significant investment. Regulators would do well to read it as well and realize what is really happening under their watch."
—Chris T. Vernon, Founding partner of Vernon Litigation Group, a law firm that represents investors nationwide

"As a RIA serving the middle class investor, our firm sees the abuses that are covered in detail in Wall Street Potholes. An excellent resource for the astute investor to avoid the self-serving, low quality, high commission investment products that rob your wealth."
—Andrew D.W. Hill, CFA, President and Co-founder, Andrew Hill Investment Advisors, Inc.

"Simon Lack has taken the bull***t by the horns and wrestled it to the ground! In creating the definitive guide to explaining and avoiding poorly designed financial products, Simon clears the air of the smoke and mirrors the manufacturers of these products hide behind. Easy to read and understand, this book should be required reading for every investor."
—Larry Milder, Managing Director, Head of Intermediary Distribution, Catalyst Funds