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To: reaper who wrote (44459)7/3/2002 2:01:09 PM
From: marginmike  Respond to of 209892
 
value managers are generally smarter then Growth guys but thats like saying a snail is slower then a turtle



To: reaper who wrote (44459)7/3/2002 2:18:43 PM
From: marginnayan  Respond to of 209892
 
But you got to look at Bill's performance for the past 3 years bear market. He never invested other's people hard earned money in Yahoo and fiber optics of the world. I think a credit is due where it is due.
Now that the hedgies are done with growth managers, they should be going after the value managers. That I think is a reasonable logic driven by bear market. After all the hedgies have to outperform the indices for that very high maintainence fee. There is nothing wrong with that.
But a smart money manager like Bill knows much more than me and should be well prepared to fight that war with his put protection strategy. But of course then only time will tell.
And fortune usually favours honest and sharp people, that also get lucky.