Russell Kinnel
Russell Kinnel
assets early expect fund late net next surpass terms vanguard year
We expect the Vanguard 500 Index Fund to surpass the Magellan Fund in terms of net managed assets by late next year or early 2000.
bond produce stake strategy stretch though
You have a very conservative strategy even though the bond stake isn't great. They're not going to stretch to produce yield.
ask fund trust
You have to ask yourself why you should trust the fund company.
asset bases entirely fidelity policy size
Fidelity bases its IPO allocation policy entirely on asset size and that's the way it should be.
accuse awesome capital closet job
No one would accuse Lange as a closet indexer. He's done an awesome job at Capital Appreciation.
awful bear best good market performers quarter worst
Some of the best performers for the bear market had an awful quarter and some of the worst performers during the bear market had a good quarter.
aside balance boom dividends giving good growth guy job mutual points sharp sheet strategy
He's a very sharp guy who did a really good job at Mutual Series. They got points for not giving up on their strategy during the growth boom and tossing aside dividends and balance sheet analysis.
certainly deserves despite growing points
He certainly deserves points for doing so well despite the growing assets.
add estate generally hesitant narrow recommend
Utilities and real estate are pretty narrow sectors. And real estate has had such a run, I would be hesitant to add more at this point. So I generally recommend diversified dividend plays.
dangerous gold india investing russia space
When gold and Russia and India are the top-performing sectors, that's a dangerous space to be investing in.
almost choices high investment lack option options poor
High costs, the lack of an age-based option and poor investment choices make these options unappealing on almost every level.
far impact mutual negatively normal positively screens socially
Generally, what you'll find is a pretty normal distribution (among socially responsible mutual funds). As far as I can tell, those screens don't have an impact positively or negatively on performance.
few generally good guarantee learn manager meaningful record smart track
Generally you go with a manager who has a meaningful track record somewhere. It doesn't guarantee this is a smart or good manager, but at least it said I've got a few years and I can learn a lot from that.
access amazing buy despite funds happened large lose main manager money mutual owning points throwing
Despite those amazing returns, by and large all those funds really did was lose money for a lot of people. One of the main points of owning a mutual fund is to be able to access high-quality professional management. But you are throwing that away when you buy funds like these with some manager who just happened to get lucky.