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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: accountclosed who wrote (31480)4/8/1999 1:05:00 PM
From: Thomas M.  Read Replies (2) of 86076
 
Rumor has it that, after he is done explaining to MB the concept of risk management, he is going to explain insurance accounting to Warren Buffet. <g>

P.S. From Bob Farrell yesterday:

In Jan/Feb $26B went into 25 funds. The other ~7,000 funds had net outflows. The last time we saw this kind of concentration was Q4 1993, when ~75% of mutual fund inflows were into international funds.

Tom
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