FYI
Comments and opinions welcome.
Richard W.
1 posted on
09/09/2002 8:11:39 AM PDT by
arete
To: arete
Since the bear market began in March 2000... Which means it started when Bush became president, right Dems?
2 posted on
09/09/2002 8:15:58 AM PDT by
Balto_Boy
To: arete
'morning Richard. Just taking a little break before the 1pm trading machines hit.
This is just axiomatic with the flight of funds from funds. Underlying theme is, the cornucopia of different themes that a fund can come up with to attract and keep funds is dwindling. Not too many old or new marketing ploys left that are having any effect gathering in and keeping the type of investor who feels he needs to be in the market but also needs someone to do all the work for him. Just being able to say you're in the market is no longer the regular sheik thing to be doing in the regular publics point of view any more.
3 posted on
09/09/2002 9:32:02 AM PDT by
imawit
To: arete
Not only that, a lot of the funds were just pretty packages, or just felt right. The basic, performance just wasn't there. A lot of dollars are finding it very expensive to be a member of "we are the niche that sounds good to you" with no return or benefit.
4 posted on
09/09/2002 9:38:11 AM PDT by
imawit
To: arete
In other words, we now have record survivor bias in reported mutual fund returns. :)
5 posted on
09/09/2002 10:16:09 AM PDT by
Tauzero
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