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Strategies & Market Trends : 50% Gains Investing

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To: Hiram Walker who wrote (7432)6/13/1999 1:02:00 PM
From: Dale BakerRead Replies (3) of 118717
 
JSB, bull markets make geniuses of us all don't they?

Not most fund managers, from the results I have seen. That's why we get a bit defensive here. A bunch of amateurs can sit around and pick good stocks better than a herd of overpaid "experts".

A few of our plays are too small for funds to get into, but most are not.

If anyone has a regularly updated link giving the average YTD performance for US mutual funds I would like to take a look. I doubt that most of them are very far in the black at all this year.
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