To All, Barrn's Review. Better than last week, but not a great issue.
1. Barron's rated 89 mutual fund families. One of my former employers, Waddell and Reed, ranked #2. Great work, guys and gals. Think how high your ranking would be if I was still there. No, there is no number 90 on an 89 firm list. <G> One of my other firms, Van Kampen-American Capital, is nowhere on the list. I don't know why unless they have them listed under Morgan Stanley/Dean Witter, the parent co. If so, they suck, at #50. When I went to work at American Capital in 1984, they were so far ahead as the #1 performing fund family that it wasn't even funny.
Janus was #1. Davis was #89. Can you spell nepotism? <G>
2. A good piece on investing in India.
3. The Market Watch has some good quotes. For example, Comstock Partners noted that GDP is growing at precisely the rate savings are falling. Hmmmm! The Winnell Report calls for the worst bear market in decades.
4. Byron Wien made a silly comment in The Trader that "investors recognize that the fundamentals for technology couldn't be more favorable." I fired off an E-mail on that one. <G>
5. A nice piece on Bill Gross as the country's top bond fund manager. He is good. But when I was managing bonds, I used to beat him like a red-headed step child. Ah, the good old days. <G>
MB |
