SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Stock Market Bubble

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dale Baker who wrote (3093)5/2/2000 10:04:00 PM
From: David W. Taylor  Read Replies (1) of 3339
 
>> Check out the returns on the BEARX fund over the past few years and ask yourself if you want these folks managing your money. >>

Dale,

You have totally missed the point of Bear Funds. The returns are there if the market goes in the direction that the investor thinks it will go. Basically no investor who chooses to invest in a Bear Fund expects the investment to give a positive return *if the market goes in the opposite direction.* They are choosing to have their investment managed professionally for the predicted conditions, rather than trying to master the arcana of puts and options and the like.

If the market does go in a bearish direction and the investor is correctly bearish, then the fund will yield a good rate of return.

This is now happening for most Bear Funds.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext