Christopher Traulsen
Christopher Traulsen
asset doubt failure innovate thrown
I think that has been thrown into doubt by her failure to innovate in asset management.
benefit change enormous late
It's an enormous change from what they've done in the past. I think it's been late in coming, but I think it's going to benefit them.
compared deviation finally fund funds invested less returns risk risky stocks taken time
Any time you see a substantial deviation in returns with a fund compared to its category, it's usually because it's taken a substantial risk to get there. These funds aren't less risky now. It's just that the stocks they've invested in have finally started to come back.
approach careful pile rear taking view
You really have to be careful with taking the rear view approach with tech. If you pile on to what's been working, you could be in for a big shock.
crystal likely travel
I don't have a crystal ball, but travel is likely to slow.
consistency less nice
It's a nice marker of his consistency, but I wouldn't think less of him if he didn't make it.
careful chasing funds investors rally
A lot of the funds in this rally are really some of the more speculative, riskier ones around and investors should be careful about chasing their performance.
chasing companies funds invested performance recipe run
A lot of the companies these funds have invested in have run pretty hard. Chasing performance here is probably a recipe for disaster.
badly bet biggest clearly large stocks
Clearly he underperformed badly during his tenure. He had a large bet in place on some of the biggest stocks on the market.
bill classic companies miller people
Classic Bill Miller is to find companies that other people don't like and see if the projections were incorrect.
associated aware funds healthy investors risks technology
Investors are more aware of the risks associated with these offerings. We'll see more consolidation of technology funds and that's a healthy thing.
expecting fund investors tech
Investors should never go into a tech fund expecting stability.
buying group internet people risks several smaller sudden thinking waking
If you're thinking about buying an Internet fund, you have several options. But people are waking up to the risks of the sector. All of a sudden you've got a smaller group of people who want to take the plunge.
brought funds tech
Too many tech funds were brought out in the 1990's and many of them were ill-conceived as long-term investments.