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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (67826)	8/9/2006 6:53:40 PM
From: shades	Respond to of 110194

Advice for FREE!? If they are that good a stock picker they wouldn't bother with selling their picks. General Chen claims he gives away very expensive advice for FREE. Some people say what you pay for something determines its worth - when is the last time you bought Oxygen to breathe? Here is a guy in charge of a lot of money about to dump large holdings in several companies - he doesn't think there will be a lot of good stocks for awhile. Fidelity's Korhonen Gets Just Three Months to Shift $6 Billion Aug. 8 (Bloomberg) -- Fidelity International's Jorma Korhonen is giving himself little more than 100 days to overhaul 3 billion pounds ($5.7 billion) of holdings, the portion of the U.K.'s largest equity mutual fund he's taking over next month. By inheriting half of the U.K. Special Situations Fund from Anthony Bolton, the amount Korhonen, 40, will oversee will rise more than 25-fold from $216 million. While he intends to extend the portfolio from its U.K. focus to one that invests in companies around the world, he's already lowering expectations. ``It's becoming a lot harder to find new ideas,'' he said in a telephone interview from his office in London. ``Two years ago I could have told you I had some stocks that would double or triple in the next 12 months. Today I can't.'' bloomberg.com