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To: Victor Lazlo who wrote (34622)1/12/1999 11:24:00 PM
From: 16yearcycle  Read Replies (1) | Respond to of 164684
 
Hmmmmmm, I hadn't noted you as an ass before, but you certainly have my attention now.

Have a great one.



To: Victor Lazlo who wrote (34622)1/12/1999 11:26:00 PM
From: Mandinga  Read Replies (1) | Respond to of 164684
 
can you talk in a civilized way?
guess you can't...



To: Victor Lazlo who wrote (34622)1/12/1999 11:34:00 PM
From: BGR  Read Replies (1) | Respond to of 164684
 
Victor,

From an indexer's POV, beating the DOW by about 2% per year on the average with low beta stocks is no different than missing the DOW by about 8% per year on the average with 0 beta Treasuries or matching it with an index fund with beta of 1. Certainly not something that deserves an active portfolio manager's pay.

-Apratim.


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