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To: Mohan Marette who wrote (23185)11/25/1997 3:53:00 PM
From: Tim Bagwell  Respond to of 176387
 
many of their funds haven't been keeping up with the indexes, confirming my theory that even the 'big guys' can often be wrong.

Mohan,

It is certainly the case that the big fund managers often get it wrong. I've heard that some 70-80% of the public mutual funds don't keep up with the index.

Magellan has an especially poor track record.