|Your broker's recommendation|
If Madoff and company had tried to convince me or my firm that they could deliver this kind of return without volatility, we would have known in an instant that it was a fraud. How could someone with many years of experience in the brokerage industry not see that? I'll tell you how. They don't have a clue about how capital markets really work. They are product pushing salesmen (and women). They know so little that they can't even protect themselves. Do you trust their advice? Don't.