Fidelity has 300 funds with different managers. As a company, they've lightened up on technology as technology has gone up, but there are a few exceptions. |
Fidelity has been slightly more conservative over the past couple of months. |
They all own GE, they all own Microsoft, and you're starting to see AOL show up. You're seeing a lot of common names. |
They've made so much money in technology, they're taking some money off the table. |
What he needs to do to stay in his job is continue to beat the S&P 500. |