Any time you have a super-narrow universe and rationalize other stuff that's out there, it's a sure sign it's a gimmick fund. |
Anyone can make money in a rally, but skilled managers steer clear of the worst damage and make it easier for investors to stick around, |
Because bank stocks are more of a value stock, managers won't care that they're going up for a week or two. It's more important for them that after taking a breather, valuations look more attractive. |
Both have provided tremendous performance. It's good to see both of them doing so well. It's an indication the fund industry is doing well for shareholders. |
Buying on performance would have been disastrous this year. |
Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor. |
Communications and technology have been locked arm in arm lately. The line between communications funds and tech funds is being blurred. |
For every Warren Buffett who turned $100,000 into $1 million, there are probably 10,000 people who turned $100,000 into zero, |
For the most part, I think it's a good thing. I think funds should report every month. Some fund companies haven't taken advantage of technology to report information. |
Fund companies tend to put the service costs into the basic expense ratio even if you're not getting a lot of the services. As they try to become all things to all people, it may drive up the cost for people who don't want the extra services. |
great news if you're investing 10 or 20 years out. |
Hang tough. If you're new to investing, and you thought there was a free lunch out there, it's time to sober up. Maybe you thought Internet funds did nothing but go up. |
He made investing make sense, ... His books are as good a read as you can find on investing. |
He made some really big bets that didn't work, ... Jim did an amazingly good job at PBHG and an amazingly bad job at Merrill Lynch. |
He made some really big bets that didn't work. Jim did an amazingly good job at PBHG and an amazingly bad job at Merrill Lynch. |