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Politics : Ask Michael Burke
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To: miklosh who wrote (28433)5/22/1998 9:32:00 PM
From: Knighty Tin  Read Replies (2) of 132070
 
Miklosh, Though I prefer doing it myself, some of these funds might not be a bad choice. Especially if the manager knows what he or she is doing. The guy at Prudent Bear seems bright to me. The Rydex funds are indices shorters, and I see no reason to mess with them and their exorbitant expenses when you can play the Spy or MDY on your own much more cheaply. The Merrill fund has had a spectacular run, but it is too new to make a judgement call on yet. But those expenses could gag a maggot.

WS's thread keeps track of these. Not my cup of tea, but I can see the appeal is similar to a managed commodities account. Limited liability and time expended.

MB
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