Monday, October 13, 2008

Investors: "Take small steps"



But how much can even the über-rich who have access to institutions such as Brown Brothers insulate themselves in the market when the Dow slips below 8600 points? Because it is a private partnership, Brown Brothers does not release detailed financial results about the roughly $45 billion it manages, but as Wall Street's losses pile up, and adventurous banks crumble, Brown Brothers' partners aren't losing nearly as much sleep as many of their peers.

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