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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Investor2 who wrote (6021)	6/22/1999 8:59:00 AM
From: Wally Mastroly	Read Replies (3) of 15132

"A Cyclical World for Mutual Funds": marketwatch.newsalert.com A conclusion: >..But after a look at the 20-year record, Kloepfer says, "persistence seems unlikely. No single asset class has historically persisted at one relative ranking longer than four years." He concluded, "The case for diversification, across investment styles (growth vs. value), capitalization (large vs. small), and equity markets (U.S. vs. international), is strong." ...<

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