Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (10420)	8/3/2002 8:21:57 PM
From: Wayners	Respond to of 12617

The dumbest money in the market has got to be the retail mutual funds. My father told me just the other day that he saw an interview of his Janus fund manager. I didn't see the article, but my dad said that when he was asked about checking companies balance sheets and income statements that he said Oh I don't really look at those. I don't understand them anyways. Unbelieveable isn't it? Well if the fund manager wasn't looking at the financial statements then you have to assume that he was/is either a momo player or even more likely buys and sells solely on emotions--and getting his clients toasted in the process.