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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (25170)10/29/2006 11:44:45 PM
From: Carl Worth   of 78717
 
could be, but as you noted in your previous post, it's quite unclear at this point whether there is a compelling reason to buy this fund vs. its competitors or a simple index ETF...they aren't really going out on any limb to take on those holdings, so i don't see a lot of chance for outperformance

the discount is nice, but if it isn't closed by increased buying, it is not a discount you can exploit...many of these funds have narrowed their discounts of late, this one hasn't, probably because of its relative underperformance

i would also pass at this point, but will keep it on a watch list in case it becomes more attractive
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