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To: Tommaso who wrote (34227)8/6/2004 7:26:48 PM
From: Dale Baker  Read Replies (1) | Respond to of 206326
 
I judge funds on 5-year and longer performance. A fund investor could have done much better in many other funds, or a good CD.

I don't see the virtue in remaining faithful to a strategy that doesn't produce long-term profits for investors. But that's just me. If I invested in funds (which I rarely do) I would look for the managers with best 5- and 10 year results. Just seems logical.