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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (15012)3/15/1998 12:46:00 AM
From: Berney  Read Replies (1) of 94695
 
While we can discuss specific examples, I believe the role of mutual funds is over-hyped in this market. It is the "other" institutional ownership is that is important. Specifically, all the government employees in the Thrift Plan and Millions of other 401(k) participants that put their hard earned investment dollars into, essentially, the S&P 500.

Only about 10% of Mr. Market is owned by Mutual Funds. Leads one to wonder whether Madison Avenue was created by Wall Street or the other way around. It's about time that folks understand that this modern change is increasing and not going to slow down!

Berney
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