Sometimes, I feel people who are knowledgeable about investments, or those involved professionally with investors like I am, live in a bubble. The basic investment knowledge that we expect is not very common. Some time back, I had a couple of encounters that made me realise that an idea as fundamental as investment returns is by no means universally understood.
A friend introduced me to a relative of his and asked me to look over his investments. At some point I asked how much returns ..