The Board Is the Boss

Soto: Be very careful about what's its function and who picked those people. If you're really self disciplined, you don't need a board to tell you what to do. But if you want to act exactly the way the system wants, a board can be useful tool to keep you in line. Soto: As an investor, the board's job is to look out for me. That's really different than a board of advisers.