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Billionaire Ken Fisher was banned from an exclusive conference after making sexually inappropriate comments

Speaking on a chat by the fire at the Tiburon conference in San Francisco on Tuesday, Fisher commented on genitals, compared wooing clients to picking women, referred to Jeffrey Epstein, and made other inappropriate comments, several said appeared on social media and in interviews with the Washington Post and Bloomberg.

In a statement, Fisher apologized for the comments.

"Some of the words and phrases I used during a recent conference to make certain points were clearly wrong, and I shouldn't have made them," Fisher said. "I realize that this kind of language has no place in our company or our industry. I sincerely apologize."

Fisher is a well-known investment advisor. He places his money management company, Fisher Investments, in TV advertising on many different media platforms, including CNN.

On Thursday, the conference organizer addressed Fisher's remarks, without mentioning him by name, in a lengthy statement on the site. Roeme "Chip" Roame, managing partner of Tiburon Strategic Advisors, said he was preventing Fisher from the conference.

"The speaker who made these comments will never be invited to a Tiburon CEO summit," Roame said.

Tiburon has a duty of confidentiality: No media is allowed, and participants are asked not to quote speakers without their approval, the organization said on its website. However, several attendances nevertheless conveyed Fisher's comments on social media.

In a video on his Twitter account, Alex Chalekian, founder and CEO of Lake Avenue Financial, condemned Fisher's comments. He called the session "a true debacle."

Chalekian said that many attendees were disgusted by the comments, and that he was "really disappointed in what happened."

Sonya Dreizler, CEO of Solutions with Sonya, agreed with Chalekian's statement, and tweeted that she chose to break the conference's privacy code, explaining that she thought Fisher's comments were outrageous.

"I was extremely disappointed in the comments I heard in that I understood them," Roame said. "These comments lacked the dignity and respect that should be expected of any executive or participant in the Tiburon CEO Summit."

Roame also praised Chalekian for posting his views on Fisher's comments, saying that Chalekian "acknowledged that the issues of dignity, respect, and inclusion are more important than media politics, the chief of the Tiburon Summit, and he took action." [1[ads1]9659003] – CNN Business & # 39; Jordan Valinsky contributed to this report.

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