The market is so efficient that the performance of a fund is determined by the niche it's in rather than who's managing it, |
The object is to look good. |
The people that are still in (the Steadman funds) just are totally unaware. They are not following their investments, and that's the first rule of investing -- to follow it. |
There are plenty of funds that have between 25 and 33 percent of their assets in techs. Most people would be better off with that kind of aggressive growth fund, |
There are plenty of funds that have between 25 and 33 percent of their assets in techs. Most people would be better off with that kind of aggressive growth fund. |
They say 'Most of the shareholders are in IRAs' and taxes aren't a factor in IRAs, ... They say 'I'm being paid on overall performance.' |
To me, it's more significant that he's in the lower rankings of performance for large blend funds, ... It's more fair to benchmark a fund to that fund's category, not an index. |
What we went through is a classic bubble. I don't think 2001 is going to be a fantastic year. |
You may have missed the whole rally, but investors don't know you bought it three days before. |