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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (117401)	12/24/2008 12:21:22 PM
From: Knighty Tin	Respond to of 132070

I think it is an argument for, but still a cost that many don't expect. I have had good luck with bear funds. MZZ and SDP have done great, though both declined right after I bought them. I never liked AG, though that was more personal than professional. My "buddies" at American Capital told him we would only buy "Townsend-Greenspan" reports if I agreed to pay for it out of my fund's commissions. He got a seat next to me on the way to New York and spent the entire flight trying to sell me. But I would not use the fundholders' commissions for any soft dollar products, and there were many I would have bought before I bought his, so it was pretty uncomfortable. This was around 1985-1986.