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To: patron_anejo_por_favor who wrote (178377)7/9/2002 1:27:06 PM
From: Knighty Tin  Respond to of 436258
 
patron, Yeah, but he's not really an investment manager. He's some sort of hybrid of investment manager and CEO.

What I've always liked about fund reports is watching the difference in nouns and pronouns. In a good year, "we picked these stocks and they outperformed." In a bad year, "the fund underperformed this year." The fund becomes a living, breathing critter for bear markets. <G>