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Technology Stocks : America On-Line (AOL)

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To: Diamond Jim who wrote (2793)1/17/1999 9:53:00 AM
From: SpongeBrain  Read Replies (1) of 41369
 
Mutual funds are a joke, I'm disgusted. I'll do better with a dart.

Regarding EGRP: Look I'm no expert: People will online trade more, so I'm in EGRP, that's all.
Simple as that, I'm trying the Peter Lynch method.

Which brings me to this thought:
Why are these fund managers who get 25% a year consider gods,
when 1000's of daytraders crush those numbers regularly?
With all that staff, researchers, etc...This has gotten out of hand.
NO ONE can beat the indexes, these managers should be ashamned,
this is WHAT THEY DO FOR A LIVING!
There must be an inherent problem with fund mgmt.
I'm pulling everything out, and keeping some only index funds.
These mgrs deserve to starve, and they're not getting my 1.5% any more. Zero tolerance is my new policy.

PS: new thread, this topic might be on your minds...
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