Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: Ann Janssen who wrote (13032)	11/10/1997 7:39:00 PM
From: Brian Malloy	Read Replies (1) of 27012

The fortune article was interesting but only served to reinforce my view that the individual investor who takes the time to pick his or her own stocks and adheres to a buy and hold strategy (at least for a portion if not a major portion of their portfolio) can expect to do quite well over the long term. I think many are misserved by the mutual fund industry for the points brought out so well in the following paragraph of the article: "There is a huge disconnect," summarizes Morningstar's Don Phillips, "between what the fund industry does and what it tells investors to do." So in the wake of the recent market break--and the ensuing incessant jabber about the importance of investors' taking the long-term view--it seems a good time to ask the question: Why doesn't the fund industry practice what it preaches? Regards, Brian

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