When You Know What To Do, But Remain Silent

I have worked for K for the last three years, sorting his paperwork, memorabilia, and possessions.  Every other week, twice in one week or four visits per month.  Besides his having given 40,000 golf lessons and ‘still swinging’ at age 85, we have had, by now, a long and complex and emotionally intimate relationship and am trusted by his key constituencies–senior lead attorney brother, estate planner, admin on some medical, access to banking records, the whole nine yards.  Sometimes, I even find $750 cash hidden in junk mail, so tell him, ‘don’t throw anything out, unless it’s through me!’  I know all his stuff.  98% of it anyway…

Months ago, when after he was ‘this close’ to ready to allow me, to set up online access, to his banking, which I surely get to see the results of, he decided to squelch it and said he ‘did not want to do it’.

And I used to manage $40,000,000 in capital at Morgan Stanley, yet it was not my place to offer an unsolicited opinion as to his risk or lack of risk, results or lack of results, balance or imbalance on his brokerage account, looked at thing as they came through, and never once offered a thought.  So if banking real time view privileges was out, surely not all the investments?

Yet in the course of conversation, two or three weeks ago, when the market tanked, he took a real interest in my views.  So we agreed for HIM to get online access, to his major broker, de facto, so I could see his account and be better able to look along, as distinct from month end prints……….. This is progress.

How hard it was, to establish pins, authentications, so as we got through it, first it was his broker concerned about red flags since K does NOT use the internet or email, then emails to and from his brother, notes, everyone upset or disturbed or affected.  Told them all  I cannot take this risk.  Not a relationship risk.  Not a financial risk.

I was asked to look at this.  That is all!  If I am right, I am a hero.  But if I am wrong, loose trust with everyone.  Know your place and tread lightly.  In the end, up or down seven or eight thousand dollars in a week is no joke.

Get over being so sensitive, and get over territory and help the dear man.  Yet I know why the broker was concerned.  I understand.  Yet mark my words.  Global stocks, aka the ‘synchronized global recovery’ is long in the tooth, and unmanaged portfolios will suffer when untended.

When you know exactly what to do, but cannot, and are in a group of persons, and where each one has a good opinion, and many shades of gray in confidence, trust, disclosures!  Help others.  That is my path.

Knowledge manager, who can create, plan, furnish, operate, refine, and deliver complex processes involving people, products, results.

Tagged with: , , , , , , , , ,
Posted in Advisory, Analytics, Approach, Assets, Capabilities, Clients, Communications, Controls, Ethics, Financial, Globalization, Representation, Roles, Services

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

About David
David Korn Special Projects has over twenty years experience in the creation, planning, operation, delivery, and refinement of the complete life cycle of complex and demanding projects. These can involve people, results, or process. Projects can be for events, business planning, financial analysis, construction, litigation, or investment.
Contact Me
253 214-4282
Mon to Fri: 10 am to 4 pm, 7 to 9 pm
Giving Credit and Sharing Outrage
Click Image for Feature Interview: Podcast starts at 22:25
Follow David Korn Special Projects on WordPress.com
53 Folders 2020 Accessment Accountability Activism Advisory Analytics Approach Archiving Attaining Goals Attainments Authenticity Being Coachable Being Ready for the Next Time it Happens Biographic Bookings Breadth Brexit Broadcast Budgets and Schedules Building an Audiance Business Plan Business Planning Business Proces Business Summary Calendar Canada Capacity Capture Charity China Clarity Client Client Dinner Climate Climate Change Clinton versus Hillary Coaching Cold Calling Communications Communities Compassion Complex Adaptive Systems Comprehensive Conduct Confidence Confidentiality Conflict Conflicts Construction Litigation Contact Management Controls Counseling Creative Destructiveness Crisis CRM Curate Curation Custody Customer Satisfaction Databases Delivery Dependability Depression Detail Diplomacy Disaster Relief Discipline Distillation. Domain Name Domains Donors Dreams Economic and Ecological Collapse Editing Educator Effectiveness Engagement Enterprise Planning Entertainer Europe Evaluation Events Exceeding Expectations Executive Support Exhibitions Existence System Extinction Radio Facsimile Text File Folders Finance Financial Analysis Financial Suitability Fine Art Fircrest Fitness Forgiveness Framing Fund Raising Gene Gibson German Getting an Audiance Getting Better Getting Clear Getting Started Gig Harbor Globalization Google+ Google Docs Google Map Maker Process Google Maps Governance Guidance Guy McPherson Hall of Fame Having an Audiance Having a Plan Health Heuristics Higher Purpose Home Organization Honesty How I do It Humanitarian Human Potential Movement Professional Import-Export Imports Improvement Influencer Integration Integrity Interest Rates Interventions Interviews Investment Investment Advisory Jennifer Hynes Key Roles Knowledge Managment Language Translation Large Social Groups Leadership Learning Legal Localization Long Range Planning Love in Action Maharishi Mahesh Yogi Mahayana Major Client Major Media Major Roles Manufacturing Maps Market Analysis Medical Medical Doctor Meditation Mentoring Messaging Metrics Milestones Mistaken Love Monetary Policy Moving Powerpoint to Jpeg then to WordPress Mult-Culturalism Nasdaq 100 Near Term Human Extinction New Business New Website New Zealand Northern California Not-for-profit Notforprofit Nutrition Ocean Freight Forwarding Old Line Business Organization Organizations Outreach Outside the box Overhaul Overview Overwhelm Page Views Particular! Path of Guru Paul Beckwith PayPal Personal and Professional Effectiveness Personal Care Industry Personal Injury Perspective of the End User Phone Photography Phtography Pioneer Square Seattle Planning Podcasts Portfolio Management Port of Tacoma Post Covid-19 Problems Process Process Mapping Proctor Project Management Projects Promotions PSR-Price to Sales Ratio Quantitative Investing Radio Show Range Rapid Climate Change Rates Reaching Your Audiance Recording Production Records Recruitment Red-Flags Reduction Refining Your Audiance Refurbishment Regard Relationships Repatriation Representation Resignations Resolve Responsiveness Risk Sailing Sales Sales Managment Sales Process Sam Carana Saving Higher Energy Scientist Scope Sectors Securities Litigation Security Serious Activists Service Services Business Setting Goals Show Simple Websites Skills Social Media Sole Proprietor SoundCloud South King County Special Materials Special Projects Special Roles Sports Training Facility Staring out Start at the top Starting Startups Stock Analysis Stock Bubble Stocks Strategy Structure Struggle Summary Surveylance Sustainability Tacoma Tacoma WA Tactics Team Building Technology The Horizon Affect Those Who Really Get It Timing Todo List Tom Fallat Top Down Tracking Trading Transactions Trust Types of Assets Typology Unconventional Understanding Usability Very Particular View Count Viral Video Vision Warnings Web Development Web Site Redesign Website Redevelopment What I do What it takes Workstyles Wow Zen
Knowledge Management
Blog Stats
  • 9,289 hits
%d bloggers like this: