Booms, Busts, and Recoveries Message Board

STOCKTALK

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 : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Moominoid who wrote (11046)	11/9/2001 10:27:51 PM
From: LLCF	Read Replies (1) of 74559

<, but new inflows can get directed to the better funds.> As I mentioned to Pezzy boy, one of the most talked about shortcomings in looking at performance [other than short term data being statistically insignificant] is that it many mutual fund groups are looking at the way folks chase after the best performance 'lately' and they are afraid to NOT be in the market, or hotest sector, REGARDLESS of what their training [or common sense] tells them. Of course that's the problem of the individual fund... ie. they're too wimpy just say "we don't care if clients leave... they're stupid if the do." But, saying "performance" is what keeps the funds profit motive in line with the clients best interest is not as clear cut flawless as it seems. DAK

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next